Green Cardamom Market Size, Share, Trends, Growth 2034

Green Cardamom Industry Prospective:

The global green cardamom market size was worth around USD 887 million in 2024 and is predicted to grow to around USD 1544 million by 2034, with a compound annual growth rate (CAGR) of roughly 5.7% between 2025 and 2034.

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Green Cardamom Market: Overview

Indigenous to southern India, Elettaria cardamomum is an herbaceous perennial plant of the ginger family. Usually referred to as green or real cardamom, it is also the most common species; its seeds are ground into cardamom, a pungent, strong spice. Mainly growing in tropical climates, it has allegedly naturalized in Réunion, Costa Rica, and Indochina.

The green cardamom market is driven by several elements, including increasing demand in the food & beverage industry, expansion of ayurvedic and herbal medicine, increased exports and global trade, growing popularity in the cosmetics & personal care industry, rising consumption in functional foods, and others.

Key Insights

• As per the analysis shared by our research analyst, the global green cardamom market is estimated to grow annually at a CAGR of around 5.7% over the forecast period (2025-2034).
• In terms of revenue, the global green cardamom market size was valued at around USD 887 million in 2024 and is projected to reach USD 1544 million by 2034.
• The growing health benefits of cardamoms are expected to drive the green cardamom market over the forecast period.
• Based on the product, the small segment is expected to hold the largest market share over the forecast period.
• Based on its nature, the conventional segment is expected to dominate the market expansion over the projected period.
• Based on the end-use, the retail segment is expected to dominate the market expansion over the projected period.
• Based on region, the Asia Pacific is expected to dominate the market during the forecast period.

Green Cardamom Market: Growth Drivers

Increasing number of applications drives market growth

Consumers in a range of forms—from crushed powder to whole pods—as well as for a range of uses, began to favor green cardamom. Green cardamom is used in savory and sweet culinary arts recipes, including curries, desserts, and beverages like chai and coffee.

The "clean eating" movement and customers' taste for natural flavors over synthetic ones have also helped green cardamom become rather popular. Green cardamom is growing in popularity among consumers in the health and wellness sectors due to its medicinal properties. Home remedies for dental, intestinal, and respiratory conditions demand it, thus driving the green cardamom market during the projected period.

Green Cardamom Market: Restraints

High production cost hinders market growth

High production costs severely limit the profitability, pricing, and supply stability of green cardamom. Hand-growing, weeding, and harvesting green cardamom can be quite labor-intensive. Hand harvesting is often done in difficult terrain, which increases labor costs. Although quality guarantees depend on qualified staff, shortages lead to higher salaries. Cardamom also grows best in tropical, humid environments with specific temperature patterns and rainfall.

For farmers in less-than-ideal conditions, the need for controlled environments and irrigation systems drives output costs. The uncertainty of farming brought on by climate change has driven up crop protection expenses. Therefore, the high production cost hinders the growth of the cardamom industry.

Green Cardamom Market: Opportunities

Growing introduction of new varieties offers a lucrative opportunity for market growth

The increasing introduction of new varieties is expected to offer a lucrative opportunity to the green cardamom market during the projected period.

For instance, in August 2024, Prime Minister Narendra Modi introduced 109 new crop varieties in Delhi, including two cutting-edge cardamom cultivars created by the Indian Institute of Spices Research (IISR) in Appangala, Madikeri, which significantly advanced climate-resilient agriculture. India's efforts to counteract the effects of climate change on farming have advanced considerably with the introduction of these cultivars, IISR Manushree and IISR Kaveri.

The Indian Council of Agricultural Research (ICAR)'s IISR regional station in Appangala has played a key role in protecting and making use of cardamom genetic resources. The new clonal-selected cultivars stand out for their ability to withstand drought, which is a crucial characteristic given the increasingly unpredictable weather patterns.

Green Cardamom Market: Challenges

Price volatility poses a major challenge to market expansion

Price fluctuation is a major issue influencing producers as well as consumers in the green cardamom industry. Variations can be brought about by many factors, including supply-demand imbalances, climate conditions, and geopolitical influences.

Green cardamom grows best at a specific temperature and humidity range. Temperature variations, droughts, and heavy rain can all reduce output, thus affecting supply shortages and price rises. Climate change has affected price stability and reduced the predictable nature of output.

Moreover, the supply chain is quite delicate since cardamom is grown in a few important sites (India, Guatemala, and Sri Lanka). Global logistical issues like port congestion, increasing fuel prices, export restrictions, and transit delays affect pricing.

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Green Cardamom Market: Report Scope

Green Cardamom Market: Segmentation

The global green cardamom industry is segmented based on product, nature, end-use, and region.

Based on the product, the global green cardamom market is bifurcated into small and large. The small segment is expected to hold the largest market share over the forecast period. Due to its strong flavor and fragrant qualities, little green cardamom is highly prized and frequently used in culinary applications across the globe. Its distinct flavor is crucial to many traditional foods, drinks, and sweets, especially in Middle Eastern and South Asian cuisines. The demand for small green cardamom has increased dramatically as these flavors have become popular in international food trends.

Based on nature, the global green cardamom industry is bifurcated into organic and conventional. The conventional segment is expected to dominate the market expansion over the projected period. Compared to organic farming, conventional farming methods usually have lower production costs, which enables competitive pricing. Conventional green cardamom's widespread use in a variety of industries, including food and beverage, and its wide market acceptance help to sustain its steady demand.

Based on the end-use, the global green cardamom market is bifurcated into food service and retail. The retail segment is expected to hold the largest market share over the forecast period. The segment's dominance is mostly driven by customer interest in pricey and unique spices, the growing popularity of home cooking, and the need for healthier ingredients.

Green Cardamom Market: Regional Analysis

Asia Pacific dominates the market over the projected period

The Asia Pacific is expected to dominate the global green cardamom market. The Asia Pacific area is one of the world's leading producers of cardamom, which explains its supremacy. India is the primary cardamom-producing country in Asia-Pacific. Five years later, in January 2025, cardamom prices in India hit a new high of USD 36.1 per kilogram. It is also one of the world's largest cardamom growers.

The local market is expected to develop as a result of the availability of cardamom essential oil, rising consumer expenditure on food and drink, internet shopping, and a growing demand for natural ingredients. Growing health consciousness in the area is also driving demand, as people increasingly value cardamom's antioxidant and digestive properties, which leads to its use in herbal supplements and Ayurvedic medicines.

Green Cardamom Market: Competitive Analysis

The global green cardamom market is dominated by players like

• Vandanmedu Green Gold Cardamom Producer Company Limited
• Adrianna Springs Impex Pvt Ltd.
• Cardex S.A.
• MAS Enterprises Ltd
• Nani Agro Foods
• Eastmade Spices & Herbs Private Limited
• Ashapura Agrocomm Private Limited.
• Synthite Industries
• VLC Spices
• Vora Spice Mills LLP

The global green cardamom market is segmented as follows:

By Product

• Small
• Large

By Nature

• Organic
• Conventional

By End-Use

• Food Service
• Retail

By Region

• North America

  • The U.S.
  • Canada
• Europe
  • France 
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa