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Global Cardamom Market Growth 2025-2031

Published Oct 13, 2025
Length 79 Pages
SKU # LPI20464639

Description

The global Cardamom market size is predicted to grow from US$ 66930 million in 2025 to US$ 75820 million in 2031; it is expected to grow at a CAGR of 2.1% from 2025 to 2031.

The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.

Cardamom is an exotic and aromatic spice occurring primarily in two genera: Elettaria (green cardamom) and Amomum (black cardamom). Cardamom has culinary and medicinal properties. However, cardamom, being the third-most expensive spice in the world, is the luxury of upper middle-class and rich populations. Cardamom market is highly concentrated, as nearly 70% of the global production of this spice is accounted by two major producers: Guatemala and India. Cardamom is produced in two variants: small cardamom and big cardamom.

One trend in the market is increasing availability of cardamom products through online retailing. With the increase in e-commerce businesses worldwide, the vendors have immense potential to enhance their profitability. E-commerce trading accounts nearly 12% of the global retail trade. Most of these e-commerce channels support business-to-business (B2B) and business-to-consumer (B2C) operations. One driver in the market is increasing use of cardamom in developing countries. The major developing countries in regions like The Middle East and Africa (MEA), Latin America, Eastern Europe, and South-East Asia form the bulk of the market for cardamom products.

LP Information, Inc. (LPI) ' newest research report, the “Cardamom Industry Forecast” looks at past sales and reviews total world Cardamom sales in 2024, providing a comprehensive analysis by region and market sector of projected Cardamom sales for 2025 through 2031. With Cardamom sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Cardamom industry.

This Insight Report provides a comprehensive analysis of the global Cardamom landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Cardamom portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Cardamom market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Cardamom and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Cardamom.

This report presents a comprehensive overview, market shares, and growth opportunities of Cardamom market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Ingredients
Powder
Liquid Extract

Segmentation by Application:
Online Retail
Offline Retail

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Cardex
DS Group
MAS Enterprises
McCormick & Company (MKC)

Key Questions Addressed in this Report

What is the 10-year outlook for the global Cardamom market?

What factors are driving Cardamom market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Cardamom market opportunities vary by end market size?

How does Cardamom break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.

Table of Contents

79 Pages
*This is a tentative TOC and the final deliverable is subject to change.*
1 Scope of the Report
2 Executive Summary
3 Global by Company
4 World Historic Review for Cardamom by Geographic Region
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Manufacturing Cost Structure Analysis
11 Marketing, Distributors and Customer
12 World Forecast Review for Cardamom by Geographic Region
13 Key Players Analysis
14 Research Findings and Conclusion
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