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Cardamom-Global Market Insights and Sales Trends 2024
Synopsis
Cardamom is an exotic and aromatic spice occurring primarily in two genera: Elettaria (green cardamom) and Amomum (black cardamom). Cardamom has culinary and medicinal properties. However, cardamom, being the third-most expensive spice in the world, is the luxury of upper middle-class and rich populations. Cardamom market is highly concentrated, as nearly 70% of the global production of this spice is accounted by two major producers: Guatemala and India. Cardamom is produced in two variants: small cardamom and big cardamom.
The global Cardamom market size is expected to reach US$ 74430 million by 2029, growing at a CAGR of 2.0% from 2023 to 2029. The market is mainly driven by the significant applications of Cardamom in various end use industries. The expanding demands from the Online Retail and Offline Retail, are propelling Cardamom market. Ingredients, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Powder segment is estimated at % CAGR for the next seven-year period.
One trend in the market is increasing availability of cardamom products through online retailing. With the increase in e-commerce businesses worldwide, the vendors have immense potential to enhance their profitability. E-commerce trading accounts nearly 12% of the global retail trade. Most of these e-commerce channels support business-to-business (B2B) and business-to-consumer (B2C) operations. One driver in the market is increasing use of cardamom in developing countries. The major developing countries in regions like The Middle East and Africa (MEA), Latin America, Eastern Europe, and South-East Asia form the bulk of the market for cardamom products.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Cardamom, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Cardamom market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Cardamom market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Cardamom sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Cardamom covered in this report include Cardex, DS Group, MAS Enterprises and McCormick & Company (MKC), etc.
The global Cardamom market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Cardex
DS Group
MAS Enterprises
McCormick & Company (MKC)
Global Cardamom market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Cardamom market, Segment by Type:
Ingredients
Powder
Liquid Extract
Global Cardamom market, by Application
Online Retail
Offline Retail
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Cardamom manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Cardamom in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Cardamom is an exotic and aromatic spice occurring primarily in two genera: Elettaria (green cardamom) and Amomum (black cardamom). Cardamom has culinary and medicinal properties. However, cardamom, being the third-most expensive spice in the world, is the luxury of upper middle-class and rich populations. Cardamom market is highly concentrated, as nearly 70% of the global production of this spice is accounted by two major producers: Guatemala and India. Cardamom is produced in two variants: small cardamom and big cardamom.
The global Cardamom market size is expected to reach US$ 74430 million by 2029, growing at a CAGR of 2.0% from 2023 to 2029. The market is mainly driven by the significant applications of Cardamom in various end use industries. The expanding demands from the Online Retail and Offline Retail, are propelling Cardamom market. Ingredients, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Powder segment is estimated at % CAGR for the next seven-year period.
One trend in the market is increasing availability of cardamom products through online retailing. With the increase in e-commerce businesses worldwide, the vendors have immense potential to enhance their profitability. E-commerce trading accounts nearly 12% of the global retail trade. Most of these e-commerce channels support business-to-business (B2B) and business-to-consumer (B2C) operations. One driver in the market is increasing use of cardamom in developing countries. The major developing countries in regions like The Middle East and Africa (MEA), Latin America, Eastern Europe, and South-East Asia form the bulk of the market for cardamom products.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Cardamom, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Cardamom market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Cardamom market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Cardamom sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Cardamom covered in this report include Cardex, DS Group, MAS Enterprises and McCormick & Company (MKC), etc.
The global Cardamom market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Cardex
DS Group
MAS Enterprises
McCormick & Company (MKC)
Global Cardamom market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Cardamom market, Segment by Type:
Ingredients
Powder
Liquid Extract
Global Cardamom market, by Application
Online Retail
Offline Retail
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Cardamom manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Cardamom in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Cardamom Market Overview
1.1 Cardamom Product Overview
1.2 Cardamom Market Segment by Type
1.2.1 Ingredients
1.2.2 Powder
1.2.3 Liquid Extract
1.3 Global Cardamom Market Size by Type
1.3.1 Global Cardamom Market Size Overview by Type (2018-2029)
1.3.2 Global Cardamom Historic Market Size Review by Type (2018-2023)
1.3.3 Global Cardamom Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Cardamom Sales Breakdown by Type (2018-2023)
1.4.2 Europe Cardamom Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Cardamom Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Cardamom Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Cardamom Sales Breakdown by Type (2018-2023)
2 Global Cardamom Market Competition by Company
2.1 Global Top Players by Cardamom Sales (2018-2023)
2.2 Global Top Players by Cardamom Revenue (2018-2023)
2.3 Global Top Players by Cardamom Price (2018-2023)
2.4 Global Top Manufacturers Cardamom Manufacturing Base Distribution, Sales Area, Product Type
2.5 Cardamom Market Competitive Situation and Trends
2.5.1 Cardamom Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Cardamom Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Cardamom as of 2022)
2.7 Date of Key Manufacturers Enter into Cardamom Market
2.8 Key Manufacturers Cardamom Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Cardamom Status and Outlook by Region
3.1 Global Cardamom Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Cardamom Historic Market Size by Region
3.2.1 Global Cardamom Sales in Volume by Region (2018-2023)
3.2.2 Global Cardamom Sales in Value by Region (2018-2023)
3.2.3 Global Cardamom Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Cardamom Forecasted Market Size by Region
3.3.1 Global Cardamom Sales in Volume by Region (2024-2029)
3.3.2 Global Cardamom Sales in Value by Region (2024-2029)
3.3.3 Global Cardamom Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Cardamom by Application
4.1 Cardamom Market Segment by Application
4.1.1 Online Retail
4.1.2 Offline Retail
4.2 Global Cardamom Market Size by Application
4.2.1 Global Cardamom Market Size Overview by Application (2018-2029)
4.2.2 Global Cardamom Historic Market Size Review by Application (2018-2023)
4.2.3 Global Cardamom Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Cardamom Sales Breakdown by Application (2018-2023)
4.3.2 Europe Cardamom Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Cardamom Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Cardamom Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Cardamom Sales Breakdown by Application (2018-2023)
5 North America Cardamom by Country
5.1 North America Cardamom Historic Market Size by Country
5.1.1 North America Cardamom Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Cardamom Sales in Volume by Country (2018-2023)
5.1.3 North America Cardamom Sales in Value by Country (2018-2023)
5.2 North America Cardamom Forecasted Market Size by Country
5.2.1 North America Cardamom Sales in Volume by Country (2024-2029)
5.2.2 North America Cardamom Sales in Value by Country (2024-2029)
6 Europe Cardamom by Country
6.1 Europe Cardamom Historic Market Size by Country
6.1.1 Europe Cardamom Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Cardamom Sales in Volume by Country (2018-2023)
6.1.3 Europe Cardamom Sales in Value by Country (2018-2023)
6.2 Europe Cardamom Forecasted Market Size by Country
6.2.1 Europe Cardamom Sales in Volume by Country (2024-2029)
6.2.2 Europe Cardamom Sales in Value by Country (2024-2029)
7 Asia-Pacific Cardamom by Region
7.1 Asia-Pacific Cardamom Historic Market Size by Region
7.1.1 Asia-Pacific Cardamom Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Cardamom Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Cardamom Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Cardamom Forecasted Market Size by Region
7.2.1 Asia-Pacific Cardamom Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Cardamom Sales in Value by Region (2024-2029)
8 Latin America Cardamom by Country
8.1 Latin America Cardamom Historic Market Size by Country
8.1.1 Latin America Cardamom Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Cardamom Sales in Volume by Country (2018-2023)
8.1.3 Latin America Cardamom Sales in Value by Country (2018-2023)
8.2 Latin America Cardamom Forecasted Market Size by Country
8.2.1 Latin America Cardamom Sales in Volume by Country (2024-2029)
8.2.2 Latin America Cardamom Sales in Value by Country (2024-2029)
9 Middle East and Africa Cardamom by Country
9.1 Middle East and Africa Cardamom Historic Market Size by Country
9.1.1 Middle East and Africa Cardamom Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Cardamom Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Cardamom Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Cardamom Forecasted Market Size by Country
9.2.1 Middle East and Africa Cardamom Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Cardamom Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Cardex
10.1.1 Cardex Company Information
10.1.2 Cardex Introduction and Business Overview
10.1.3 Cardex Cardamom Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Cardex Cardamom Products Offered
10.1.5 Cardex Recent Development
10.2 DS Group
10.2.1 DS Group Company Information
10.2.2 DS Group Introduction and Business Overview
10.2.3 DS Group Cardamom Sales, Revenue and Gross Margin (2018-2023)
10.2.4 DS Group Cardamom Products Offered
10.2.5 DS Group Recent Development
10.3 MAS Enterprises
10.3.1 MAS Enterprises Company Information
10.3.2 MAS Enterprises Introduction and Business Overview
10.3.3 MAS Enterprises Cardamom Sales, Revenue and Gross Margin (2018-2023)
10.3.4 MAS Enterprises Cardamom Products Offered
10.3.5 MAS Enterprises Recent Development
10.4 McCormick & Company (MKC)
10.4.1 McCormick & Company (MKC) Company Information
10.4.2 McCormick & Company (MKC) Introduction and Business Overview
10.4.3 McCormick & Company (MKC) Cardamom Sales, Revenue and Gross Margin (2018-2023)
10.4.4 McCormick & Company (MKC) Cardamom Products Offered
10.4.5 McCormick & Company (MKC) Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Cardamom Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Cardamom Industrial Chain Analysis
11.4 Cardamom Market Dynamics
11.4.1 Cardamom Industry Trends
11.4.2 Cardamom Market Drivers
11.4.3 Cardamom Market Challenges
11.4.4 Cardamom Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Cardamom Distributors
12.3 Cardamom Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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