PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1781201
PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1781201
Global Green Cardamom Market to Reach US$1.1 Billion by 2030
The global market for Green Cardamom estimated at US$860.9 Million in the year 2024, is expected to reach US$1.1 Billion by 2030, growing at a CAGR of 3.5% over the analysis period 2024-2030. Small Green Cardamom, one of the segments analyzed in the report, is expected to record a 2.8% CAGR and reach US$664.1 Million by the end of the analysis period. Growth in the Large Green Cardamom segment is estimated at 4.8% CAGR over the analysis period.
The U.S. Market is Estimated at US$234.5 Million While China is Forecast to Grow at 6.5% CAGR
The Green Cardamom market in the U.S. is estimated at US$234.5 Million in the year 2024. China, the world's second largest economy, is forecast to reach a projected market size of US$210.4 Million by the year 2030 trailing a CAGR of 6.5% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 1.5% and 2.7% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 2.0% CAGR.
Global Green Cardamom Market - Key Trends & Drivers Summarized
Green cardamom, often referred to as the “Queen of Spices,” is one of the most valuable and widely traded spices globally, prized for its distinct aroma, flavor, and medicinal properties. The demand for green cardamom is witnessing substantial growth due to its increasing use in culinary applications, traditional medicine, and the fragrance industry. As a staple ingredient in Middle Eastern, Indian, and Scandinavian cuisines, green cardamom is a key component in beverages, confectionery, and savory dishes. The rising global trend of natural and organic ingredients has further propelled the demand for premium-quality cardamom, particularly in markets such as Europe, North America, and Asia-Pacific.
Another significant trend influencing the green cardamom market is the growing popularity of functional foods and herbal remedies. Cardamom’s antioxidant, anti-inflammatory, and digestive benefits have made it a sought-after ingredient in wellness teas, herbal supplements, and nutraceuticals. With the increasing consumer preference for natural health solutions, green cardamom is being incorporated into detox drinks, immunity-boosting formulations, and therapeutic blends. The expansion of the spice industry into specialty and gourmet products has also driven the demand for high-grade, hand-picked cardamom varieties that offer superior quality and aromatic intensity.
How Are Global Markets Driving Demand for Green Cardamom?
The food and beverage industry remains the largest consumer of green cardamom, with its extensive use in both traditional and contemporary culinary applications. In the Middle East, cardamom-flavored coffee and tea are cultural staples, while in India, it is a vital ingredient in spice blends like garam masala and chai. Western markets have also embraced green cardamom in gourmet chocolates, baked goods, and fusion cuisine, contributing to its growing global appeal. The rise of premium and organic spice brands catering to health-conscious consumers has further expanded the demand for sustainably sourced and ethically traded cardamom.
Beyond food, green cardamom plays a crucial role in the cosmetics and pharmaceutical industries. Its essential oil is widely used in perfumes, aromatherapy, and skincare products due to its refreshing and therapeutic properties. Additionally, pharmaceutical applications of cardamom in traditional medicine systems such as Ayurveda and Unani have fueled its demand as a natural remedy for digestive disorders, respiratory ailments, and stress relief. With increasing R&D in botanical extracts, cardamom-based formulations are gaining traction in the nutraceutical sector, offering natural alternatives to synthetic ingredients.
What Are the Latest Trends & Innovations in the Green Cardamom Market?
One of the key developments in the green cardamom market is the shift toward organic and fair-trade production. Consumers are becoming increasingly aware of the environmental and social impact of spice farming, leading to a surge in demand for certified organic and sustainably grown cardamom. Producers are adopting agroforestry practices and water-efficient farming techniques to improve yield quality while minimizing ecological impact. The use of blockchain and digital traceability in spice supply chains is also gaining momentum, ensuring authenticity and transparency in cardamom sourcing.
Another notable innovation is the rise of cardamom-infused health products, ranging from herbal teas and dietary supplements to essential oil blends. The beverage industry is experimenting with cardamom-flavored functional drinks, promoting its digestive and metabolic benefits. Additionally, advancements in spice extraction technology have led to the development of high-purity cardamom oleoresins and powders, enhancing their application in food processing and herbal medicine.
What Is Driving the Growth of the Green Cardamom Market?
The growth in the green cardamom market is driven by several factors, including rising demand in the food and beverage industry, increasing awareness of its health benefits, and expanding applications in pharmaceuticals and cosmetics. The surge in organic and ethically sourced spices has further strengthened market expansion, with consumers preferring high-quality, sustainable products. Additionally, the growth of premium spice brands and the adoption of digital marketplaces have made green cardamom more accessible to global buyers. With continuous innovations in spice cultivation, processing, and packaging, the market is set to experience steady growth, catering to a diverse and expanding consumer base.
SCOPE OF STUDY:
The report analyzes the Green Cardamom market in terms of units by the following Segments, and Geographic Regions/Countries:
Segments:
Product (Small Green Cardamom, Large Green Cardamom); Nature (Organic Nature, Conventional Nature); End-Use (Food Service End-Use, Retail End-Use)
Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
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