Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 887 Million | USD 1544 Million | 5.7% | 2024 |
FrequentlyAsked Questions
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.
The green cardamom market is driven by several variables, including growing demand in the food & beverage industry, growing popularity in the cosmetics & personal care industry, rising consumption in functional foods, and many others.
According to the report, 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.
The global green cardamom market is expected to grow at a CAGR of 5.7% during the forecast period.
The global green cardamom market growth is expected to be driven by the Asia Pacific. It is currently the world’s highest revenue-generating market due to the high production of cardamom and increasing awareness of its health benefits.
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, and Vora Spice Mills LLP, among others.
The green cardamom market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTLE analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five forces analysis, and value chain analysis.
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