According to a new report, published by KBV research, 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 spice industry is increasingly focused on sustainability. Ethical sourcing practices and fair-trade certification are becoming more prominent, with consumers seeking transparency in the supply chain. The demand for high-quality, premium-grade green cardamom is growing, particularly in the gourmet food sector. Specialty spice brands position cardamom as a luxury ingredient, catering to high-end consumers and professional chefs.
The Small segment is experiencing a CAGR of 4.8 % during the forecast period. Small-sized green cardamom is highly valued for its strong aroma, intense flavour, and widespread use in culinary applications, particularly in spices, teas, and traditional dishes across various cuisines. The increasing demand for premium-quality spices in food processing, confectionery, and beverage industries has contributed to this segment's dominance.
The Hypermarkets & Supermarkets segment led the maximum revenue in the Global Green Cardamom Market by End-use in 2024, thereby, achieving a market value of $475.7 Million by 2032. The widespread availability of green cardamom in large retail chains has contributed to the dominance of this segment. Consumers prefer purchasing spices from hypermarkets and supermarkets due to the convenience of physically inspecting the quality, availability of a wide range of brands, and competitive pricing.
The Conventional segment is growing at a CAGR of 4.9 % during the forecast period. The widespread cultivation and availability of conventionally grown cardamom have contributed to its dominance in the market. Conventional farming methods allow for higher yields and cost-effective production, making it the preferred choice for large-scale spice traders, food processors, and culinary applications.
Full Report: https://www.kbvresearch.com/green-cardamom-market/
The Asia Pacific region dominated the Global Green Cardamom Market by Region in 2024, thereby, achieving a market value of $702.9 Million by 2032. The North America region is anticipated to grow a CAGR of 4.5% during (2025 - 2032). Additionally, The Europe region would witness a CAGR of 4.8% during (2025 - 2032).
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