Cardamom Market Size and Share

Cardamom Market Summary
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Cardamom Market Analysis by Mordor Intelligence

The cardamom market size stood at USD 0.89 billion in 2025 and is projected to expand at a 6.40% CAGR to reach USD 1.22 billion by 2030. Rising demand for clean-label ingredients in functional beverages, premium confectionery, and nutraceutical supplements anchors this uptrend. Middle Eastern consumers, who accounted for 32.4% of global volume in 2024, continue to shape flavor trends worldwide as specialty coffee houses and foodservice operators expand product lines that feature cardamom. Supply risk is climbing because hotter and less predictable weather has destroyed crops in India’s Idukki district and disrupted harvest schedules in Guatemala. Leading companies are responding by tightening control over origin networks, investing in regenerative farming, and targeting direct-to-consumer channels that grew 15-35% in 2024.

Key Report Takeaways

  • By geography, the Middle East captured 32.4% of the cardamom market share in 2024 while forecasting the fastest 9.3% CAGR through 2030.

Geography Analysis

The Middle East remains the demand epicenter and captured 32.4% of global consumption in 2024. Saudi Arabia’s packaged food retail sector, which generated USD 22.9 billion in sales, absorbs sizable volumes through its deeply ingrained cardamom coffee culture. Olam Group announced the proposed sale of its remaining 64.57% stake in Olam Agri to SALIC for roughly USD 1.78 billion, reinforcing Saudi Arabia’s food-security agenda[3]Source: Olam Group, “Proposed Sale of Olam Agri Stake to SALIC,” olamagri.com. Gulf Cooperation Council regulations mandate stringent quality checks and Halal certification, encouraging exporters to refine post-harvest handling and traceability documentation. With a 9.3% forecast CAGR to 2030, the region offers the most dynamic expansion runway for the cardamom market.

Asia-Pacific simultaneously serves as a producer and consumer. India’s dual role tightens internal supply, often redirecting exports to offset weather-induced domestic shortages. Indonesia’s rising middle class adds momentum, introducing cardamom into modern desserts and beverage mixes. Regional free-trade pacts simplify intra-Asian shipments, though inconsistent quality standards impede seamless trade flows. Controlled-environment agriculture pilots in northern China exemplify potential production migration as climate adaptation measures evolve.

North America and Europe embody premiumization trends that heighten demand for certified organic and fair-trade pods. Retailers impose pesticide residue limits well below global norms, pushing suppliers toward regenerative practices. Direct-to-consumer websites streamline access to specialty inventory, helping small estates in India secure margins that offset low crop yields. These regions collectively account for an expanding slice of the cardamom market despite lower per-capita consumption than the Middle East because their emphasis on higher unit prices inflates overall value share.

Cardamom Market CAGR (%), Growth Rate by Region
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Recent Industry Developments

  • March 2025: ICAR has developed 2,900 location-specific improved crop varieties, which include 60 perennial spice varieties and 49 seed spice varieties including cardamom. The development emphasizes climate-resilient and biofortified crops. Breeder seed production will begin in Rabi 2024-25, with processing scheduled for Kharif 2025 to ensure farmers receive seeds on time.
  • August 2024: The ICAR-Indian Institute of Spices Research (IISR) in Kozhikode introduced 109 varieties of field and horticultural crops, which included two new small cardamom varieties: IISR Manushree and IISR Kaveri. These varieties were developed to enhance crop productivity and disease resistance and aims to support farmers by providing improved crop options and contributing to the advancement of India's spice industry.
  • July 2024: The National Informatics Centre (NIC) and Spices Board partnered to develop AI models for detecting cardamom leaf diseases in Sikkim. NIC's Centre of Excellence in Artificial Intelligence in Kolkata developed a proof of concept, while the Spices Board provided healthy and diseased leaf images for AI model training. The initiative, in collaboration with the Indian Cardamom Research Institute (ICRI), integrates AI solutions with e-governance applications to improve cardamom farming efficiency.

Table of Contents for Cardamom Industry Report

1. Introduction

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Rising preference for natural flavorings in functional beverages
    • 4.2.2 Growing demand from traditional medicine systems
    • 4.2.3 Expansion of premium confectionery and bakery categories
    • 4.2.4 Emergence of single-origin specialty cardamom for gourmet use
    • 4.2.5 Integration of cardamom extracts in nutraceutical capsules
    • 4.2.6 Rapid penetration of e-commerce spice marketplaces
  • 4.3 Market Restraints
    • 4.3.1 Volatility in farm-gate prices from climate shocks
    • 4.3.2 Substitution with synthetic cardamom flavorings
    • 4.3.3 Traceability compliance costs under stricter residue limits
    • 4.3.4 Intercrop land-use shift toward higher-margin spices
  • 4.4 Regulatory Landscape
  • 4.5 Technological Outlook
  • 4.6 Value/Supply-Chain Analysis
  • 4.7 PESTEL Analysis

5. Market Size and Growth Forecasts

  • 5.1 By Geography (Production Analysis in Volume, Consumption Analysis by Volume and Value, Import Analysis by Value and Volume, Export Analysis by Value and Volume, and Price Trend Analysis)
    • 5.1.1 North America
    • 5.1.1.1 United States
    • 5.1.1.2 Canada
    • 5.1.2 South America
    • 5.1.2.1 Guatemala
    • 5.1.2.2 Brazil
    • 5.1.3 Europe
    • 5.1.3.1 Germany
    • 5.1.3.2 United Kingdom
    • 5.1.3.3 Russia
    • 5.1.4 Asia-Pacific
    • 5.1.4.1 India
    • 5.1.4.2 Indonesia
    • 5.1.4.3 Nepal
    • 5.1.5 Middle East
    • 5.1.5.1 Saudi Arabia
    • 5.1.5.2 United Arab Emirates
    • 5.1.6 Africa
    • 5.1.6.1 Nigeria
    • 5.1.6.2 Tanzania
    • 5.1.6.3 South Africa

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (includes Global-level Overview, Market-level Overview, Core Segments, Financials as available, Strategic Information, Market Rank / Share for key companies, Products and Services, and Recent Developments)
    • 6.4.1 Olam International Limited
    • 6.4.2 McCormick and Company, Inc.
    • 6.4.3 Everest Food Products Pvt. Ltd.
    • 6.4.4 MDH Spices (Mahashian Di Hatti Pvt. Ltd.)
    • 6.4.5 DS Group (Catch)
    • 6.4.6 Badia Spices, Inc.
    • 6.4.7 ITC Ltd.
    • 6.4.8 Frontier Natural Products Co-op
    • 6.4.9 Royal Spices Pvt Ltd.
    • 6.4.10 Fuchs Group
    • 6.4.11 Cardex S.A.
    • 6.4.12 Sakthi Masala Pvt Ltd.
    • 6.4.13 A.V. Thomas and Co
    • 6.4.14 Jayanti Herbs & Spice DMCC
    • 6.4.15 Spice Jungle, LLC

7. Market Opportunities and Future Outlook

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Global Cardamom Market Report Scope

Cardamom is known as the queen of spices. Green cardamom, black cardamom, and Madagascar cardamom are the major types of cardamom cultivated worldwide. The cardamom market is analyzed by Production (Volume), Consumption (Volume and Value), Imports (Volume and Value), Exports (Volume and Value), and Price trend analysis. The market is segmented by Geography into the United States, Guatemala, Indonesia, India, Nepal, Saudi Arabia, and the United Arab Emirates. The report offers the market size and forecasts in terms of value (USD) and volume (metric ton) for the above-mentioned segments.

By Geography (Production Analysis in Volume, Consumption Analysis by Volume and Value, Import Analysis by Value and Volume, Export Analysis by Value and Volume, and Price Trend Analysis)
North America United States
Canada
South America Guatemala
Brazil
Europe Germany
United Kingdom
Russia
Asia-Pacific India
Indonesia
Nepal
Middle East Saudi Arabia
United Arab Emirates
Africa Nigeria
Tanzania
South Africa
By Geography (Production Analysis in Volume, Consumption Analysis by Volume and Value, Import Analysis by Value and Volume, Export Analysis by Value and Volume, and Price Trend Analysis) North America United States
Canada
South America Guatemala
Brazil
Europe Germany
United Kingdom
Russia
Asia-Pacific India
Indonesia
Nepal
Middle East Saudi Arabia
United Arab Emirates
Africa Nigeria
Tanzania
South Africa
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Key Questions Answered in the Report

What is the current global value of the cardamom market?

The cardamom market size reached USD 0.89 billion in 2025.

Which region consumes the most cardamom?

The Middle East leads, taking 32.4% of global volume in 2024.

What CAGR is forecast for the global market through 2030?

A 6.40% CAGR is projected between 2025 and 2030.

How will climate change influence supply?

Rising temperatures and unpredictable rainfall threaten yields in India and Guatemala, creating price volatility that could curb growth by -1.8% on CAGR.

Why are nutraceutical applications growing so fast?

Clinical studies validating metabolic health benefits at 3-gram daily dosages have spurred supplement makers to add standardized cardamom extracts to product lines.

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