“Global Green Cardamom Market to reach a market value of USD $1.28 billion by 2032 growing at a CAGR of 5.3%”
The Global Green Cardamom Market size is expected to reach $1.28 billion by 2032, rising at a market growth of 5.3% CAGR during the forecast period.
The Asia pacific segment witnessed 54% revenue share in the market in 2024. This growth can be attributed to the region’s strong agricultural base, favorable climatic conditions for cardamom cultivation, and high domestic consumption, particularly in countries like India and Sri Lanka where cardamom is deeply rooted in culinary, medicinal, and cultural practices.
The rising global preference for natural and organic food products drives the demand for green cardamom. Consumers are becoming more health-conscious and are actively seeking chemical-free, organic, and sustainably sourced ingredients. Green cardamom, known for its rich aroma and health benefits, has gained prominence among household consumers and food manufacturers. In conclusion, increasing consumer demand for natural and organic spices propels the market's growth.
Additionally, Green cardamom has been integral to traditional medicine systems such as Ayurveda, Unani, and Traditional Chinese Medicine for centuries. It is widely recognized for its digestive, anti-inflammatory, and antimicrobial properties. The increasing demand for herbal and functional food products has increased interest in green cardamom as a natural remedy for digestive disorders, respiratory issues, and metabolic health. Thus, the rising use of green cardamom in traditional and functional medicinal applications propels the market's growth.
However, Green cardamom cultivation requires significant financial investment due to its specific climatic and soil requirements. The crop thrives in tropical regions with well-drained soil, moderate temperatures, and high humidity, necessitating specialized irrigation and shading systems. Farmers must invest in high-quality seedlings, organic fertilizers, and pest management solutions to ensure healthy plant growth. In conclusion, high initial investment and maintenance costs for green cardamom farming hamper the market's growth.
Based on product, the market is characterized into small and large. The large segment procured 40% revenue share in the market in 2024. Large-sized cardamom is primarily used in industrial applications such as essential oil extraction, pharmaceuticals, and cosmetics due to its milder flavour and high oil content. The rising demand for natural flavouring agents and herbal extracts in the wellness and personal care industries has fuelled the growth of this segment.
By end use, the market is divided into hypermarkets/supermarkets, food service, convenience stores, online and others. The food service segment garnered 24% revenue share in the market in 2024. The growing demand for exotic flavours and aromatic spices in restaurants, cafes, and catering services has driven the adoption of green cardamom in the food service industry. It is extensively used in Indian, Middle Eastern, and Southeast Asian cuisines and in the preparation of flavoured desserts, curries, and beverages.
On the basis of nature, the market is classified into organic and conventional. The organic segment recorded 19% revenue share in the market in 2024. Growing consumer preference for natural and chemical-free food products has fuelled the demand for organic green cardamom. Organic farming practices ensure sustainability and enhance the spice’s purity, making it highly sought after in premium food, health, and wellness industries.
Free Valuable Insights: Global Green Cardamom Market size to reach USD 1.28 Billion by 2032
The North America segment recorded 25% revenue share in the market in 2024. The growing demand for exotic spices in culinary applications, increasing consumer interest in organic and natural food products, and the rising popularity of herbal teas and traditional remedies have significantly contributed to the dominance of this region.
| Report Attribute | Details |
|---|---|
| Market size value in 2024 | USD 863.94 Million |
| Market size forecast in 2032 | USD 1.28 Billion |
| Base Year | 2024 |
| Historical Period | 2021 to 2023 |
| Forecast Period | 2025 to 2032 |
| Revenue Growth Rate | CAGR of 5.3% from 2025 to 2032 |
| Number of Pages | 216 |
| Number of Tables | 350 |
| Report coverage | Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Competitive Landscape, Porter’s 5 Forces Analysis, Company Profiling, Companies Strategic Developments, SWOT Analysis, Winning Imperatives |
| Segments covered | Product, End-use, Nature, Region |
| Country scope |
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| Companies Included | McCormick & Company, Inc., DS Group, Olam Group Limited, Frontier Cooperative, The Spice House, Eastmade Spices & Herbs Private Limited, Vandanmedu Green Gold Cardamom Producer Company Limited, Cardex, S.A., Mane Kancor Ingredients Private Limited, Vora Spice Mills LLP |
By Product
By End-use
By Nature
By Geography
This Market size is expected to reach $1.28 billion by 2032.
Increasing Consumer Demand for Natural and Organic Spices are driving the Market in coming years, however, High Initial Investment and Maintenance Costs for Green Cardamom Farming restraints the growth of the Market.
McCormick & Company, Inc., DS Group, Olam Group Limited, Frontier Cooperative, The Spice House, Eastmade Spices & Herbs Private Limited, Vandanmedu Green Gold Cardamom Producer Company Limited, Cardex, S.A., Mane Kancor Ingredients Private Limited, Vora Spice Mills LLP
The expected CAGR of this Market is 5.3% from 2023 to 2032.
The Hypermarkets & Supermarkets segment led the maximum revenue in the Global Market by End-use in 2024, thereby, achieving a market value of $475.7 Million by 2032.
The Asia Pacific region dominated the Global Market by Region in 2024, thereby, achieving a market value of $702.9 Million by 2032.
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