Cardamom Market By Product Type (Green Cardamom {Malabar Cardamom, Mysore Cardamom}, Black Cardamom {Amomum Subulatum, Amomum Tsao-ko}, White Cardamom), By Form (Whole Cardamom, Cardamom Seeds, Cardamom Powder, Cardamom Oil & Extracts), By Application (Food & Beverages, Pharmaceuticals & Nutraceuticals, Personal Care & Cosmetics, Fragrances & Essential Oils, Animal Feed & Veterinary Applications), By Distribution Channel (Online, Offline {Supermarkets, Specialty Stores, Convenience Stores, Wholesalers & Distributors}), Global Market Size, Segmental analysis, Regional Overview, Company share analysis, Leading Company Profiles And Market Forecast, 2025 – 2035

Industry Outlook

The Cardamom Market accounted for USD 890.5 Million in 2024 and is expected to reach USD 1,655.7 Million by 2035, growing at a CAGR of around 5.8% between 2025 and 2035. The cardamom market represents all facets of worldwide cardamom production, trading, and consumption of this highly aromatic spice with medicinal value. Business expansion in cardamom relies on rising consumer needs across food and beverage production together with pharmaceuticals and cosmetics.

India leads as the main exporter of cardamom, while Guatemala and Sri Lanka join as major producers in this market. Market expansion occurs due to the rising number of health-conscious consumers plus the growing use of cardamom in gourmet cooking among professionals. The cardamom market continues its evolution through sustainable and organic product trends, which also drive advancements in cultivation procedures and trading methods.

Report Scope:

Market Dynamics

Rising global demand for natural flavors and spices in food and beverages

Cardamom market growth is being driven by the rapidly increasing worldwide market demand for natural food and beverage spices and flavors. Cardamom has gained preference among consumers due to its distinctive flavors and possible health advantages because people want authentic and healthy culinary experiences. People across the globe increasingly enjoy Asian and Middle Eastern foods while using cardamom as a crucial ingredient, thus making this spice trend more popular worldwide. The spice's dual functionality in sweet and savory applications along with its health association has brought about increased market demand.

The Indian Cardamom Research Institute of the Spices Board of India delivers important insights about the cardamom market. Their investigation shows that customers are selecting natural organic food ingredients in growing numbers because they want products that feature cardamom in their culinary uses. The growing trend indicates food industry customers are more interested in natural ingredients because they prefer healthy, authentic nutritional options.

Expanding pharmaceutical use due to cardamom's medicinal and therapeutic properties

The scientific name for this ancient medicinal plant is Elettaria cardamomum. Cardamom received widespread traditional medical use because it contains multiple therapeutic properties. The phytochemical components in cardamom comprise kaempferol alongside luteolin and eucalyptol, which produce antioxidant, anti-inflammatory properties, and antimicrobial properties. Cardamom serves as a beneficial pharmaceutical agent because of its unique properties, which enable use in medicine for diverse medical applications.

Natural remedies have become increasingly popular, thus driving up the pharmaceutical demand for cardamoms. Multiple studies have pointed out cardamom's medicinal properties for treating digestive disorders with respiratory issues and showing potential for cancer treatment. The study shows that cardamom functions as a remedy to decrease inflammation in addition to controlling blood pressure to build cardiovascular health.

Limited supply due to climate change, crop fluctuations, and droughts

The cardamom market experiences major market restrictions due to several factors, including climate change alongside crop fluctuations and the regular occurrence of droughts. Weather patterns modified by climate change create erratic rainfall combined with temperature variations that hinder cardamom agriculture. The particular environmental requirements of the spice get disrupted by shifting temperature and rainfall patterns, which cause erratic harvests during its growth period.

The occurrence of droughts in cardamom-growing areas has intensified significantly as these regions face more frequent drought events. As water scarcity emerges as a major problem, many agricultural producers face difficulties ensuring proper irrigation for their crops. The lowered quantity of cardamoms and rising market demand create price instability because of reduced availability. The restricted supply causes problems for both domestic producers and triggers worldwide consequences in the spice market. Logistics issues further impact the cardamom industry, as climate-related occurrences impair transit and export routes. Therefore, both local economies and worldwide markets endure volatility, including price increases and uncertainty about future supplies.

Growing popularity of cardamom in functional foods and health supplements

Science-based research supports the rising use of cardamom in functional foods and health supplements because of its medicinal properties. Scientific studies have confirmed that cardamom exhibits antioxidant features combined with anti-inflammatory capabilities that help fight inflammatory markers and wipe out free radicals. Studies show that cardamom produces two major health advantages, such as blood pressure reduction and better management of lipids. The unique combination of antioxidants and anti-inflammatory properties makes cardamom suitable for health-related goods and natural health products because consumers want such ingredients.

The increasing public knowledge about the health benefits of cardamom has accelerated research and development for new industrial products within the pharmaceutical and nutraceutical industries. Ayurvedic medicine contains cardamom as a key ingredient, which treats heartburn alongside intestinal spasms and reduces appetite loss. The food industry uses cardamom due to its ability to improve the taste of diverse items ranging from sweet to savory products that include tea beverages, coffee beverages, and baked goods. The diverse applications establish cardamom as an important component of functional foods and health supplements that match consumer demand for natural health-oriented products.

Rising adoption of cardamom in premium confectionery, bakery, and gourmet segments

Premium confectionery production adopts cardamom due to industrial food trends directed toward exotic and unique flavors. The particular spicy aroma of cardamom proves essential for premium food applications, including chocolate bars and cakes, along with pastries and flavored dessert syrups. The rising luxury food demand drives professional chefs to incorporate cardamom into their gourmet creations while exposing consumers to its numerous advantages.

Food manufacturing companies are utilizing cardamom because their customer base requires premium ingredients that enhance the flavor of their products. The Indian Council of Agricultural Research (ICAR) identifies cardamom as a key ingredient for modern food development while recognizing its value to premium food markets. Numerous food industry professionals are discovering innovative culinary applications for cardamom while acknowledging its value beyond conventional uses.

Industry Experts Opinion

"In ancient traditional medicines, cardamom was used to alleviate digestive disorders and obesity, and even today, it is used in local cultures for individuals with ailments such as bronchitis, depression, dysentery, influenza, and infections."

• Dr. Keith W. Singletary is Professor Emeritus of Nutrition in the Department of Food Science and Human Nutrition at the University of Illinois, Urbana-Champaign.

Segment Analysis

Based on the product type, the cardamom market has been classified into Green Cardamom, Black Cardamom, and white cardamom. Green Cardamom represents the primary dominant segment in the Cardamom market, supported by the widely consumed Malabar Cardamom type that controls the biggest market share. Malabar Cardamom stands as a highly sought-after product because of its superior aroma and flavor, thereby winning a market appeal in global markets. India leads both the production and export of this particular cardamom variety, which mainly grows in the country. Market demand for premium quality green cardamom is growing worldwide, thus increasing its industry status. Black and white cardamom operates in specialized consumer segments, which results in diminished prominence in the worldwide market percentage.

Based on the form, the cardamom market has been classified into Whole Cardamom, Cardamom Seeds, Cardamom Powder, and Cardamom Oil & Extracts. Whole cardamom takes the leading position in the cardamom market due to robust market demand, which originates from culinary purposes and medicinal applications, especially in Middle Eastern areas and India and Southeast Asian regions. The natural oils contained in whole cardamom provide it with high commercial value because of its potent flavor compounds and distinct scent. This form of cardamom has a longer shelf life than other forms of the product, and consumers prefer it. The whole cardamom maintains its appeal as an essential ingredient in premium teas and desserts while finding use in spice blends to sustain market demand throughout the year. The importance of whole cardamom products in export markets plays a big role in maintaining its dominant market position.

Regional Analysis

The North American cardamom market maintains a major position in world spice markets since modern customers seek foreign flavors and health-focused product alternatives. The United States holds the top position within the region and is experiencing increasing cardamom market demand for both cooking applications and wellness products. The markets in Canada and Mexico are propelling the industry's growth because consumers are adopting diverse natural food elements on a wider basis. The market growth continues because ethnic foods and specialty drinks are rapidly rising in popularity while including cardamom as an essential ingredient. Cardamom holds consumer preference because it serves both baking and savory needs, and people associate it with health advantages. The growing consumer awareness about cardamom's food and health benefits will drive further expansion of its use in North American kitchens and products.

The Asia Pacific cardamom market is expanding. The cardamom market received significant emphasis because this spice appears prominently in traditional recipes and traditional medical treatments of Ayurvedic medicine. The major cardamom-producing nations, India, Vietnam, and Sri Lanka, generate a substantial market presence in the Asia Pacific region. The rising consumer interest in global eating traditions and natural healthcare solutions has accelerated the demand for cardamom in the market. The market grows stronger because of rising interest in ethnic and exotic flavors across global culinary scenes. The market expands because restaurateurs increase their usage of high-end and non-native ingredients in their dishes. The increasing industrial requirement for natural ingredients keeps the region as the market leader for cardamom. Asia Pacific leads the global cardamom market by holding the top position for production and consumption, which demonstrates its essential market position.

Competitive Landscape

Several major businesses, including McCormick & Company and Olam International, lead the competitive cardamom market, which also contains Givaudan SA and Ajinomoto Co., Inc., Kerry Group, Taj Agro Products, EHL Ingredients, Synthite Industries Ltd., and Everest Spices. The companies direct their attention toward developing innovative products combined with portfolio expansion efforts to boost their worldwide market status. Givaudan achieved market expansion through acquisitions in flavor and fragrance sectors, and McCormick established new cardamom product lines to meet rising natural flavor demand. The investments Olam International dedicated to sustainable sourcing have solidified its position as a top leader in the cardamom trade. These developments strengthen the market's expansion rate, especially in Middle Eastern and Asia-Pacific territories. The extraction processes for cardamom have received research attention from the Kerry Group to improve both its quality and consistency levels. These market players will maintain their influence on market innovation because of increasing premium and organic product demand.

Cardamom Market, Company Shares Analysis, 2024

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Recent Developments:

• In June 2024, the Spices Board of India began enforcing cardamom re-pooling restrictions to control the market and establish fair farm prices. The new restriction system aimed to provide stability to the worldwide cardamom market through supply and demand management. The decision supported farmers economically without compromising the quality of exported cardamom.

Report Coverage:

By Product Type

• Green Cardamom
  • Malabar Cardamom
  • Mysore Cardamom
• Black Cardamom
  • Amomum Subulatum
  • Amomum Tsao-ko
• White Cardamom

By Form

• Whole Cardamom
• Cardamom Seeds
• Cardamom Powder
• Cardamom Oil & Extracts

By Application

• Food & Beverages
• Pharmaceuticals & Nutraceuticals
• Personal Care & Cosmetics
• Fragrances & Essential Oils
• Animal Feed & Veterinary Applications

By Distribution Channel

• Online
• Offline
  • Supermarkets
  • Specialty Stores
  • Convenience Stores
  • Wholesalers & Distributors

By Region

North America

• U.S.
• Canada

Europe

• U.K.
• France
• Germany
• Italy
• Spain
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• Australia
• South Korea
• Singapore
• Rest of Asia Pacific

Latin America

• Brazil
• Argentina
• Mexico
• Rest of Latin America

Middle East & Africa

• GCC Countries
• South Africa
• Rest of Middle East & Africa

List of Companies:

• Olam International
• McCormick & Company
• Givaudan SA
• Ajinomoto Co., Inc.
• Kerry Group
• Taj Agro Products
• EHL Ingredients
• Synthite Industries Ltd.
• Everest Spices
• Vanilla Food Company
• Schaffler Spices
• Royal Spices
• Lorien Trading
• Al Wadi Al Akhdar Group
• Green Earth Products

Frequently Asked Questions (FAQs)