Both genera are native to the Indian subcontinent and Indonesia. Apart from this, cardamom oil is also used in flavouring processed food, cordials and Ayurvedic medicines. The major components present in cardamom essential oils are -terpinyl acetate, 1,8-cineole, and linalool. The plantation requires mulching with any dry mulch material to control weed growth and stop water wastage from evaporation. Cardamom is produced in two variants: small cardamom and big cardamom.Report OverviewDue to the COVID-19 pandemic and Russia-Ukraine War Influence, the global market for Cardamom estimated at USD 65990 million in the year 2023, is projected to reach a revised size of USD 74430 million by 2028, growing at a CAGR of 2.0% during the forecast period 2023-2028.One trend in the market is increasing availability of cardamom products through online retailing. Crit Rev Food Sci Nutr. The global market of cardamom is analyzed by the production, consumption, imports, exports, and price trends. What are the major regional markets of Cardamom in Global, according to the Market Growth Reports report? In Korea, Tavoy cardamom (Wurfbainia villosa var. The Global Cardamom Market Size was estimated at USD 64651.04 million in 2021 and is projected to reach USD 74365.71 million by 2028, exhibiting a CAGR of 2.02% during the forecast period. Cardamom Guatemala Cardamom India Cardamom Srilanka Cardamom Cloves Madagascar Cloves Brazil Cloves Indonesia Cloves Black Pepper Vietnam Black Pepper Brazil Black Pepper India Black Pepper White Pepper Vietnam White Pepper Brazil White Pepper Indonesia White Pepper Big Cardamom India Big Cardamom Nepal Big Cardamom Bhutan Big Cardamom Dried Ginger Cardamom is popular and well known as queen of the spices. According to this latest study, the 2023 development of Third-Party Replacement Strap for Cardamom will have huge change from earlier year. The world's coffee-cardamom sector provides employment and livelihood for over 60 million people in the tropics. Aug 8, 2022. Cardamom is generally produced in the tropical regions of the world. It is also often used in baking in the Nordic countries, in particular in Sweden, Norway, and Finland, where it is used in traditional treats such as the Scandinavian Yule bread Julekake, the Swedish kardemummabullar sweet bun, and Finnish sweet bread pulla. The cardamom market is projected to register a CAGR of 6.1% during the forecast period (2022-2027). Who is the key manufacturer in the Global? The price of cardamom is unstable due to the irregular demand from the major importers such as Saudi Arabia and the United Arab Emirates amid the COVID-19 pandemic and the decrease in the global supply of cardamom due to poor weather conditions in major producing countries such as Guatemala, Indonesia, and India. Individually India produced 31.11% of cardamom of the world followed by Guatemala 29.04% in the year 2016. 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 Size was estimated at USD 64651.04 million in 2021 and is projected to reach USD 74365.71 million by 2028, exhibiting a CAGR of 2.02% during the forecast period. With this information, stakeholders will be more capable of developing new strategies, which focus on market opportunities that will benefit them, making their business endeavors profitable in the process. Cardamom Market - Competitive and Segmentation Analysis: This Cardamom Market report offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2015-2023. 1,98,710. Royal Dutch Shell plc declared that it has commenced the production of oil and natural gas from its Cardamom field, located at a water depth of more than 2,700 feet in the U.S. Gulf of Mexico.The . The German coffee planter Oscar Majus Klffer introduced Indian cardamom to cultivation in Guatemala before World War I; by 2000, that country had become the biggest producer and exporter of cardamom in the world, followed by India. Both are frequent components in spice mixes, such as Indian and Nepali masalas and Thai curry pastes. Before [26] Given that a number of bureaucrats have personal interests in the industry,[citation needed] in India, several organisations have been set up to protect cardamom producers such as the Cardamom Growers Association (est. [8], The earliest attested form of the word signifying "cress" is the Mycenaean Greek ka-da-mi-ja, written in Linear B syllabic script,[9] in the list of flavourings on the "Spice" tablets found among palace archives in the House of the Sphinxes in Mycenae. Large cardamom is the third most expensive crop and one of the major cash crops of Nepal. Cardamom is a highly flavored spice and is mainly used in the preparation of. Sikkim : 83% West Bengal: 17% 14 Traditional Uses : Throughout the Arab world, Cardamom is one of the most popular spices, with Cardamom coffee being a symbol of hospitality and prestige. In about a year, the seedlings reach about 30cm (1ft) in length, and are ready for transplantation. [31], In 1873 and 1874, Ceylon (now Sri Lanka) exported about 4,100kg (9,000lb) each year. Cardamom Production States in India:- Small cardamom spice is grown mostly in Western Ghats of South India. An official website of the United States government. What's Driving the Natural and Manufactured Sand Market Growth 2022-2026? Some of the PROMINENT PLAYERS in the global Cardamom market include: Cardex DS Group MAS Enterprises McCormick and Company (MKC), Get a Sample Copy of the Cardamom Market Report 2023. The volume[clarification needed] for 1903-4 stated the value of the cardamoms exported to have been Rs. Phone:US +(1) 424 253 0946 / UK +(44) 203 239 8187, Mercury Recycling Market 2022-2027 Competition to Heat up With Innovative Technologies Going Mainstream Globally. Epub 2019 Jan 19. government site. [28], Much production of cardamom in India is cultivated on private property or in areas which the government owns and leases out to farmers. Cultivation of cardamom was introduced to Guatemala before World War I by Oscar Majus Kloeffer today Guatemala is the world's biggest producer and exporter, followed by India and Sri Lanka Sau This report investigates the effect of the pandemic on the Cardamom market from a Global and Regional point of view. This spice is native to Western Ghats of South India. Cardamom essential oil has aromatherapy potential is also useful for the digestive system. With the increase in e-commerce businesses worldwide, the vendors have immense potential to enhance their profitability. However, cardamom, being the third-most expensive spice in the world, is the luxury of upper middle-class and rich populations. [37] Although the typical harvest requires over 210 days of labor per year, most cardamom farmers are better off than many other agricultural workers, and there are a significant number of those from the upper strata of society involved in the cultivation process. Both the Malabar and the Mysore variety of cardamom provide the best quality in terms of colour, fragrance, flavour, and taste. . Our research analysts will help you to get customized details for your report, which can be modified in terms of a specific region, application or any statistical details. 3,37,000 as compared with Rs. Copyright 2023 MarketWatch, Inc. All rights reserved. In 2022, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon. 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. Spices; cardamoms imports by country in 2018 HS Nomenclature used HS 1988/92 (H0) The world production of cardamom is around 35000 metric tonnes per year. From export to natural disaster, cardamom cultivation in Kerala has fallen on hard times The Idukki district, India's largest producer of cardamom, is faced with the destruction of crops from a. Copyright 2023 MarketWatch, Inc. All rights reserved. Production of green cardamom has fallen from 25,000 tonnes to 10,000 to 12,000 tonnes in the past few years. Inquire more and share questions if any before the purchase on this report at -https://www.marketgrowthreports.com/enquiry/pre-order-enquiry/21960474, Detailed TOC of Global Cardamom Market Research Report 2023, 1.1 Product Overview and Scope of Cardamom 1.2 Cardamom Segment by Type 1.2.1 Global Cardamom Market Size Growth Rate Analysis by Type 2023 VS 2028 1.3 Cardamom Segment by Application 1.3.1 Global Cardamom Consumption Comparison by Application: 2023 VS 2028 1.4 Global Market Growth Prospects 1.4.1 Global Cardamom Revenue Estimates and Forecasts (2015-2028) 1.4.2 Global Cardamom Production Capacity Estimates and Forecasts (2015-2028) 1.4.3 Global Cardamom Production Estimates and Forecasts (2015-2028) 1.5 Global Market Size by Region 1.5.1 Global Cardamom Market Size Estimates and Forecasts by Region: 2015 VS 2023 VS 2028 1.5.2 North America Cardamom Estimates and Forecasts (2015-2028) 1.5.3 Europe Cardamom Estimates and Forecasts (2015-2028) 1.5.4 China Cardamom Estimates and Forecasts (2015-2028) 1.5.5 Japan Cardamom Estimates and Forecasts (2015-2028), 2 Market Competition by Manufacturers 2.1 Global Cardamom Production Capacity Market Share by Manufacturers (2015-2023) 2.2 Global Cardamom Revenue Market Share by Manufacturers (2015-2023) 2.3 Cardamom Market Share by Company Type (Tier 1, Tier 2 and Tier 3) 2.4 Global Cardamom Average Price by Manufacturers (2015-2023) 2.5 Manufacturers Cardamom Production Sites, Area Served, Product Types 2.6 Cardamom Market Competitive Situation and Trends 2.6.1 Cardamom Market Concentration Rate 2.6.2 Global 5 and 10 Largest Cardamom Players Market Share by Revenue 2.6.3 Mergers and Acquisitions, Expansion, 3 Production Capacity by Region 3.1 Global Production Capacity of Cardamom Market Share by Region (2015-2023) 3.2 Global Cardamom Revenue Market Share by Region (2015-2023) 3.3 Global Cardamom Production Capacity, Revenue, Price and Gross Margin (2015-2023) 3.4 North America Cardamom Production 3.4.1 North America Cardamom Production Growth Rate (2015-2023) 3.4.2 North America Cardamom Production Capacity, Revenue, Price and Gross Margin (2015-2023) 3.5 Europe Cardamom Production 3.5.1 Europe Cardamom Production Growth Rate (2015-2023) 3.5.2 Europe Cardamom Production Capacity, Revenue, Price and Gross Margin (2015-2023) 3.6 China Cardamom Production 3.6.1 China Cardamom Production Growth Rate (2015-2023) 3.6.2 China Cardamom Production Capacity, Revenue, Price and Gross Margin (2015-2023) 3.7 Japan Cardamom Production 3.7.1 Japan Cardamom Production Growth Rate (2015-2023) 3.7.2 Japan Cardamom Production Capacity, Revenue, Price and Gross Margin (2015-2023), 4 Global Cardamom Consumption by Region 4.1 Global Cardamom Consumption by Region 4.1.1 Global Cardamom Consumption by Region 4.1.2 Global Cardamom Consumption Market Share by Region 4.2 North America 4.2.1 North America Cardamom Consumption by Country 4.2.2 United States 4.2.3 Canada 4.3 Europe 4.3.1 Europe Cardamom Consumption by Country 4.3.2 Germany 4.3.3 France 4.3.4 U.K. 4.3.5 Italy 4.3.6 Russia 4.4 Asia Pacific 4.4.1 Asia Pacific Cardamom Consumption by Region 4.4.2 China 4.4.3 Japan 4.4.4 South Korea 4.4.5 China Taiwan 4.4.6 Southeast Asia 4.4.7 India 4.4.8 Australia 4.5 Latin America 4.5.1 Latin America Cardamom Consumption by Country 4.5.2 Mexico 4.5.3 Brazil, 5 Segment by Type 5.1 Global Cardamom Production Market Share by Type (2015-2023) 5.2 Global Cardamom Revenue Market Share by Type (2015-2023) 5.3 Global Cardamom Price by Type (2015-2023) 6 Segment by Application 6.1 Global Cardamom Production Market Share by Application (2015-2023) 6.2 Global Cardamom Revenue Market Share by Application (2015-2023) 6.3 Global Cardamom Price by Application (2015-2023), 7 Key Companies Profiled 7.1 Company 7.1.1 Cardamom Corporation Information 7.1.2 Cardamom Product Portfolio 7.1. . Yield in Cardamom Cultivation:- Yield of small cardamom crop depends on many factors such as climate, soil type, variety, and horticulture management practices. ROYAL SPICES is one of the Largest Suppliers of Big Cardamom in India. MeSH eCollection 2022. [3] The German coffee planter Oscar Majus Klffer introduced Indian cardamom to cultivation in Guatemala before World War I; by 2000, that country had become the biggest producer and exporter of cardamom in the world, followed by India. Accessibility In the case of cardamom, most of the world's production comes from Indigenous Guatemalan farmers who historically have been marginalized, robbed of land, excluded from national and international economies, and targeted by acts of unconscionable violence, all of which erode their present-day ability to maintain a dignified standard of living. [30] In the following MayJune the ground is again weeded, and by September to November a light crop is obtained. Thus, it is very important for a company to comprehend the patterns of the market movements in order to strategize better. Room Temp. Attractive Opportunities In the Cardamom Market: The Global Cardamom market is anticipated to rise at a considerable rate during the forecast period, between 2023 and 2028. Our Supply network is practically meshed across every state of India. The plant was introduced there in 1914 by Oscar Majus Kloeffer, a German coffee planter. An efficient strategy offers the companies with a head start in planning and an edge over the competitors. Carry Forward Crops for the Year 2015 - 2016: 4,000 - 6,000 MT. Cardamom is a pod spice in the ginger family that is commonly used in Indian cuisine. With tables and figures helping analyze worldwide Global Cardamom Market Forecast this research provides key statistics on the state of the industry and should be a valuable source of guidance and direction for companies and individuals interested in the market. The major consuming countries of cardamom India's major share of coffee and cardamom production originates from small to medium farms, which are more vulnerable to climatic change . Company Information: List by Country Top Manufacturers/ Key Players In Cardamom Market Insights Report Are: Get a sample copy of the Cardamom Market report 2023. Cardamom Names in Indian Languages:- Cardamom (English), Choti Elaichi (Hindi), Elakkai (Tamil), Elakkaya / Elakka (Malayalam),Eachi / Velchi (Marathi), Aleicha / Alaichi (Oriya), Elcho / Elaychi (Gujarati),Yalakulu / Elaichi (Telugu), Yalakki / Yelachi (Kannada), Elach / Garate (Bengali), Elaichi (Manipuri), Kalo Elu / Yelo (Konkani), Elaichi (Punjabi), Elakkai (Tulu), Ilachi (Assamese), Aa / Lbuduaa (Kashmiri), Ilaychi / Elaisi(Urdu). Market Growth Reports present a detailed picture of the market by the way of study, and summation of data from multiple sources by an analysis of key parameters. Unable to load your collection due to an error, Unable to load your delegates due to an error. Contact your local horticulture department for suitable high yielding cardamom varieties specific to your region. On the basis of the end users/applicationsthis report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including: Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Cardamom in these regions, from 2015 to 2028, covering. Big Cardamom is One of the main cash crops . TO KNOW HOW COVID-19 PANDEMIC AND RUSSIA UKRAINE WAR WILL IMPACT THIS MARKET - REQUEST SAMPLE, It also discussions about the market size of different segments and their growth aspects along with Competitive benchmarking, Historical data and forecasts, Company revenue shares, Regional opportunities, Latest trends and dynamics, growth trends, various stakeholders like investors, CEOs, traders, suppliers, Research and media, Global Manager, Director, President, SWOT analysis i.e. In the oil are found -terpineol 45%, myrcene 27%, limonene 8%, menthone 6%, -phellandrene 3%, 1,8-cineol 2%, sabinene 2% and heptane 2%. 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