Global Cardamom Market to grow at a CAGR of 2.35% during 2017-2021 - Cardex, MAS Enterprises, DS Group, McCormick & Company (MKC)

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 to grow at a CAGR of 2.35% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global cardamom market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

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The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

Technavio's report, Global Cardamom Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
- Cardex
- MAS Enterprises
- DS Group
- McCormick & Company (MKC)

Other prominent vendors
- Everest Spices
- IMEXA
- Kautilya Commodities
- N C Bhojraj & Company (NCBC)
- ROYAL SPICES
- South Indian Green Cardamom Company (SIGCC)
- Synthite Industries
- www.naturoca.com

Market driver
- Increasing use of cardamom in developing countries
- For a full, detailed list, view our report

Market challenge
- Fluctuation in prices of cardamom
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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