Press release
Cardamom Sales Market Size, Share, Growth Outlook and Geographical Analysis by 2025
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.
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.
The global Cardamom market is valued at xx million US$ in 2017 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2018-2025.
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The major players covered in this report
Cardex
DS Group
MAS Enterprises
McCormick & Company (MKC)
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering
United States
Europe
China
Japan
Southeast Asia
India
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Ingredients
Powder
Liquid Extract
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate for each application, including
Online Retail
Offline Retail
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In this study, the years considered to estimate the market size of Cardamom are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
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