Global Cardamom Market Research Report 2023, Forecast to 2028
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the aromatic seeds of a plant of the ginger family, used as a spice and also medicinally.
Our market research experts provide qualitative and quantitative analysis of the market based on involving economic and non-economic factors in the same report with market value (million USD) data for each segment and sub-segment. This way, clients can achieve all their goals while taking advantage of emerging opportunities. Technological advancements, new product launches, and market capital flows are compared across scenarios to demonstrate their impact over the forecast period.
Data collected includes market dynamics, technology outlook, application development, and pricing trends. All of this is fed into a research model, which then produces relevant data for market research. Global market trend analysis is given including historical data, estimates to 2023 and compound annual growth rate (CAGR) forecast to 2028.
Projected and forecast revenue values are in constant U.S. dollars, unadjusted for inflation.
2023 will be a tough year for much of the global economy, as the ongoing war in Ukraine continues to strain trade, especially in Europe, and the global economy remains reeling from the fallout from the COVID-19 pandemic.
But as China moves ever closer to fully reemerging from three years of government-imposed Covid isolation and reintegrating with the world, economic expectations are high.And with the global economy now facing significant challenges, including energy shortages, slowing growth and high inflation, China’s reopening could provide a much-needed and timely boost.
The report researches and analyzes the influence of the Cardamom industry in the new era of global post-COIVD-19 economy in 2023, and provides in-depth analysis and professional suggestions on the current development.
Market Segment by Product Type
Ingredients
Powder
Liquid Extract
Market Segment by Product Application
Online Retail
Offline Retail
Finally, the report provides detailed profile and data information analysis of leading company.
Cardex
DS Group
MAS Enterprises
McCormick & Company (MKC)
Insights and Tools:
We follow a comprehensive process to estimate market size. Key industry dynamics, regulatory scenarios, and segmental dynamics are analyzed to understand their impact on demand over the forecast period. Macroeconomic indicators such as prices, income and demographic changes, demand changes, etc. are considered in estimating market size. We also provide an in-depth profile of the key players and discuss their market shares in the global market to derive the market value. In addition, we have an internal database that is regularly updated with key insights and press releases from key stakeholders in the relevant market.
The data is generally gathered in various arrangements such as charts, graphs, infographics, trends, documents and records from various manufacturers and retailers. Our analyst gather, collect, and interpret such data to form significant databases. Our team then works with large data volumes to analyze core developments, evaluate market estimations, and identify trends.
The market research includes historical and forecast data from like demand, application details, price trends, and company shares by geography, especially focuses on the key regions like United States, European Union, China, and other regions.
Research Objectives
1.To study and analyze the global Cardamom consumption (value) by key regions/countries, product type and application, history data from 2018 to 2022, and forecast to 2028.
2.To understand the structure of Cardamom market by identifying its various subsegments.
3.Focuses on the key global Cardamom manufacturers, to define, describe and analyze the value, market share, market competition landscape, Porter's five forces analysis, SWOT analysis and development plans in next few years.
4.To analyze the Cardamom with respect to individual growth trends, future prospects, and their contribution to the total market.
5.To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
6.To project the consumption of Cardamom submarkets, with respect to key regions (along with their respective key countries).
7.To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
8.To strategically profile the key players and comprehensively analyze their growth strategies.
Global Cardamom Market Research Report 2023, Forecast to 2028
1 Market Study Overview
1.1 Study Objectives
1.2 Cardamom Introduce
1.3 Combined with the Analysis of Macroeconomic Indicators
1.4 Brief Description of Research methods
1.5 Market Breakdown and Data Triangulation
2 Global Trend Summary
2.1 Cardamom Segment by Type
2.1.1 Ingredients
2.1.2 Powder
2.1.3 Liquid Extract
2.2 Market Analysis by Application
2.2.1 Online Retail
2.2.2 Offline Retail
2.3 Global Cardamom Market Comparison by Regions (2018-2028)
2.3.1 Global Cardamom Market Size (2018-2028)
2.3.2 North America Cardamom Status and Prospect (2018-2028)
2.3.3 Europe Cardamom Status and Prospect (2018-2028)
2.3.4 China Cardamom Status and Prospect (2018-2028)
2.3.5 Japan Cardamom Status and Prospect (2018-2028)
2.3.6 Southeast Asia Cardamom Status and Prospect (2018-2028)
2.4 Basic Product Information
2.4.1 Basic Product Information & Technology Development History
2.4.2 Product Manufacturing Process
2.4.3 Interview with Major Market Participants
2.4.4 High-end Market Analysis and Forecast
2.5 Coronavirus Disease 2020 (Covid-19): Cardamom Industry Impact
2.5.1 Cardamom Business Impact Assessment - Covid-19
2.5.2 Market Trends and Cardamom Potential Opportunities in the COVID-19 Landscape
2.5.3 Measures / Proposal against Covid-19
3 Competition by Manufacturer
3.1 Global Cardamom Sales and Market Share by Manufacturer (2018-2023)
3.2 Global Cardamom Revenue and Market Share by Manufacturer (2018-2023)
3.3 Global Cardamom Industry Concentration Ratio (CR5 and HHI)
3.4 Top 5 Cardamom Manufacturer Market Share
3.5 Top 10 Cardamom Manufacturer Market Share
3.6 Date of Key Manufacturers Enter into Cardamom Market
3.7 Key Manufacturers Cardamom Key Manufacturers
3.8 Mergers & Acquisitions Planning
4 Analysis of Cardamom Industry Key Manufacturers
4.1 Cardex
4.1.1 Compan Detail
4.1.2 Cardex Cardamom Product Introduction, Application and Specification
4.1.3 Cardex 136 Sales, Price, Cost, Gross Margin, and Revenue (2018-2023)
4.1.4 Main Business Overview
4.1.5 Cardex News
4.2 DS Group
4.2.1 Compan Detail
4.2.2 DS Group Cardamom Product Introduction, Application and Specification
4.2.3 DS Group Cardamom Sales, Price, Cost, Gross Margin, and Revenue (2018-2023)
4.2.4 Main Business Overview
4.2.5 Cardex News
4.3 MAS Enterprises
4.3.1 Compan Detail
4.3.2 MAS Enterprises Cardamom Product Introduction, Application and Specification
4.3.3 MAS Enterprises Cardamom Sales, Price, Cost, Gross Margin, and Revenue (2018-2023)
4.3.4 Main Business Overview
4.3.5 MAS Enterprises News
4.4 McCormick & Company (MKC)
4.4.1 Compan Detail
4.4.2 McCormick & Company (MKC) Cardamom Product Introduction, Application and Specification
4.4.3 McCormick & Company (MKC) Cardamom Sales, Price, Cost, Gross Margin, and Revenue (2018-2023)
4.4.4 Main Business Overview
4.4.5 McCormick & Company (MKC) News
5 Global Cardamom Market Segment by Big Type
5.1 Global Cardamom Revenue, Sales and Market Share by Big Type (2018-2023)
5.1.1 Global Cardamom Sales and Market Share by Big Type (2018-2023)
5.1.2 Global Cardamom Revenue and Market Share by Big Type (2018-2023)
5.2 Ingredients Sales Growth Rate and Price
5.2.1 Global Ingredients Sales Growth Rate (2018-2023)
5.2.2 Global Ingredients Price (2018-2023)
5.3 Powder Sales Growth Rate and Price
5.3.1 Global Powder Sales Growth Rate (2018-2023)
5.3.2 Global Powder Price (2018-2023)
5.4 Liquid Extract Sales Growth Rate and Price
5.4.1 Global Liquid Extract Sales Growth Rate (2018-2023)
5.4.2 Global Liquid Extract Price (2018-2023)
6 Global Cardamom Market Segment by Big Application
6.1 Global Cardamom Sales Market Share by Big Application (2018-2023)
6.2 Online Retail Sales Growth Rate (2018-2023)
6.3 Offline Retail Sales Growth Rate (2018-2023)
7 Global Cardamom Forecast
7.1 Global Cardamom Revenue, Sales and Growth Rate (2023-2028)
7.2 Cardamom Market Forecast by Regions (2023-2028)
7.2.1 North America Cardamom Market Forecast (2023-2028)
7.2.2 Europe Cardamom Market Forecast (2023-2028)
7.2.3 China Cardamom Market Forecast (2023-2028)
7.2.4 Japan Cardamom Market Forecast (2023-2028)
7.2.5 Southeast Asia Cardamom Market Forecast (2023-2028)
7.2.6 Other Regions Cardamom Market Forecast (2023-2028)
7.3 Cardamom Market Forecast by Type (2023-2028)
7.3.1 Global Cardamom Sales Forecast by Type (2023-2028)
7.3.2 Global Cardamom Market Share Forecast by Type (2023-2028)
7.4 Cardamom Market Forecast by Application (2023-2028)
7.4.1 Global Cardamom Sales Forecast by Application (2023-2028)
7.4.2 Global Cardamom Market Share Forecast by Application (2023-2028)
8 Market Analysis
8.1.1 Market Overview
8.1.2 Market Opportunities
8.1.3 Market Risk
8.1.4 Market Driving Force
8.1.5 Porter's Five Forces Analysis
8.1.6 SWOT Analysis
9 Cardamom Related Market Analysis
9.1 Upstream Analysis
9.1.1 Macro Analysis of Upstream Markets
9.1.2 Key Players in Upstream Markets
9.1.3 Upstream Market Trend Analysis
9.1.4 Cardamom Manufacturing Cost Analysis
9.2 Downstream Market Analysis
9.2.1 Macro Analysis of Down Markets
9.2.2 Key Players in Down Markets
9.2.3 Downstream Market Trend Analysis
9.2.4 Sales Channel, Distributors, Traders and Dealers
10 Research Findings and Conclusion
List of Tables and Figures
Figure Product Picture Cardamom
Figure Market Concentration Ratio and Market Maturity Analysis of Cardamom
Figure Bottom-up and Top-down Approaches for This Report
Figure Part of Our External Database
Figure Part of Our External Database
Figure Key Executives Interviewed
Table Global Cardamom Market Size by Big Type
Figure Global Market Share of Cardamom by Big Type in 2022
Figure Ingredients Picture (2018-2023)
Figure Powder Picture (2018-2023)
Global Cardamom Market Size by Big Application
Table Global Cardamom Market Size by Application
Figure Global Cardamom Market Share by Big Application in 2022
Figure Online Retail Picture
Figure Offline Retail Picture
Table Global Cardamom Comparison by Regions (M USD) （2018-2028）
Figure Global Cardamom Market Size (Million US$) (2018-2028)
Figure North America Cardamom Revenue (Million US$) Growth Rate (2018-2028)
Figure Europe Cardamom Revenue (Million US$) Growth Rate (2018-2028)
Figure China Cardamom Revenue (Million US$) Growth Rate (2018-2028)
Figure Japan Cardamom Revenue (Million US$) Growth Rate (2018-2028)
Figure Southeast Asia Cardamom Revenue (Million US$) Growth Rate (2018-2028)
Table Business Impact Assessment - Covid-19
Table Market Trends and Cardamom Potential Opportunities in the COVID-19 Landscape
Table Measures / Proposal against Covid-19
Table Global Cardamom Sales by Manufacturer (2018-2023)
Figure Global Cardamom Sales Market Share by Manufacturer in 2022
Table Global Cardamom Revenue by Manufacturer (2018-2023)
Figure Global Cardamom Revenue Market Share by Manufacturer in 2022
Table Global Cardamom Manufacturers Market Concentration Ratio (CR5 and HHI)
Figure Top 5 Cardamom Manufacturer (Revenue) Market Share in 2022
Figure Top 10 Cardamom Manufacturer (Revenue) Market Share in 2022
Table Date of Key Manufacturers Enter into Cardamom Market
Table Key Manufacturers Cardamom Product Type
Table Mergers & Acquisitions Planning
Table Cardex Company Profile
Table Cardamom Product Introduction, Application and Specification of Cardex
Table Cardamom Sales (K Unit), Price (USD/Unit), Revenue (M USD) and Gross Margin of Company One 2018-2023
Table Company One Main Business
Table Company One Recent Development
Table DS Group Company Profile
Table Cardamom Product Introduction, Application and Specification of DS Group
Table Cardamom Sales (K Unit), Price (USD/Unit), Revenue (M USD) and Gross Margin of Company Two 2018-2023
Table DS Group Recent Development
Table MAS Enterprises Company Profile
Table Cardamom Product Introduction, Application and Specification of MAS Enterprises
Table Cardamom Sales (K Unit), Price (USD/Unit), Revenue (M USD) and Gross Margin of Company Two 2018-2023
Table MAS Enterprises Main Business
Table MAS Enterprises Recent Development
Table McCormick & Company (MKC) Company Profile
Table Cardamom Product Introduction, Application and Specification of McCormick & Company (MKC)
Table Cardamom Sales (K Unit), Price (USD/Unit), Revenue (M USD) and Gross Margin of Company Two 2018-2023
Table McCormick & Company (MKC) Main Business
Table McCormick & Company (MKC) Recent Development
Table McCormick & Company (MKC) Main Business
Table McCormick & Company (MKC) Recent Development
Figure Global Cardamom Sales and Growth Rate (2018-2023)
Figure Global Cardamom Revenue and Growth Rate (2018-2023)
Table Global Cardamom Sales by Regions (2018-2023)
Figure Global Cardamom Sales Market Share by Regions in 2022
Table Global Cardamom Revenue by Regions (2018-2023)
Figure Global Cardamom Revenue Market Share by Regions in 2022
Figure North America Cardamom Sales and Growth Rate (2018-2023)
Figure Europe Cardamom Sales and Growth Rate (2018-2023)
Figure China Cardamom Sales and Growth Rate (2018-2023)
Figure Japan Cardamom Sales and Growth Rate (2018-2023)
Figure Southeast Asia Cardamom Sales and Growth Rate (2018-2023)
Figure Other Regions Cardamom Sales and Growth Rate (2018-2023)
Table Global Cardamom Sales by Big Type (2018-2023)
Table Global Cardamom Sales Market Share by Big Type (2018-2023)
Figure Global Cardamom Sales Market Share by Big Type in 2020
Table Global Cardamom Revenue by Big Type (2018-2023)
Table Global Cardamom Revenue Market Share by Big Type (2018-2023)
Table Global Cardamom Revenue Market Share by Big Type in 2020
Figure Global Ingredients Sales Growth Rate (2018-2023)
Figure Global Ingredients Price (2018-2023)
Figure Global Powder Sales Growth Rate (2018-2023)
Figure Global Powder Price (2018-2023)
Figure Global Liquid Extract Sales Growth Rate (2018-2023)
Table Global Cardamom Sales by Big Application (2018-2023)
Table Global Cardamom Sales Market Share by Big Application (2018-2023)
Figure Global Cardamom Sales Market Share by Big Application in 2020
Figure Global Online Retail Sales Growth Rate (2018-2023)
Figure Global Offline Retail Sales Growth Rate (2018-2023)
Figure Global Cardamom Sales and Growth Rate (2023-2028)
Figure Global Cardamom Revenue and Growth Rate (2023-2028)
Table Global Cardamom Sales Forecast by Regions (2023-2028)
Table Global Cardamom Market Share Forecast by Regions (2023-2028)
Figure North America Sales Cardamom Market Forecast (2023-2028)
Figure Europe Sales Cardamom Market Forecast (2023-2028)
Figure China Sales Cardamom Market Forecast (2023-2028)
Figure Japan Sales Cardamom Market Forecast (2023-2028)
Figure Southeast Asia Sales Cardamom Market Forecast (2023-2028)
Figure Other Regions Sales Cardamom Market Forecast (2023-2028)
Table Global Cardamom Sales Forecast by Type (2023-2028)
Table Global Cardamom Market Share Forecast by Type (2023-2028)
Table Global Cardamom Sales Forecast by Application (2023-2028)
Table Global Cardamom Market Share Forecast by Application (2023-2028)
Table Market Opportunities in Next Few Years
Table Market Risks Analysis
Table Market Drivers
Figure Porter's Five Forces Analysis
Table Macro Analysis of Upstream Markets
Table Key Players in Upstream Markets
Table Key Players of Upstream Markets
Table Key Raw Materials
Figure Price Trend of Key Raw Materials
Table Key Suppliers of Raw Materials
Figure Manufacturing Cost Structure of Cardamom
Table Macro Analysis of Down Markets
Table Key Players in Down Markets
Table Key Players of Downstream Markets
Figure Sales Channel
Figure North America Cardamom Sales (K Units) Growth Rate Forecast (2022-2026)
Figure North America Cardamom Revenue (Million US$) Growth Rate Forecast (2022-2026)
Figure Europe Cardamom Sales (K Units) Growth Rate Forecast (2022-2026)
Figure Europe Cardamom Revenue (Million US$) Growth Rate Forecast (2022-2026)
Figure Japan Cardamom Production (K Units) Growth Rate Forecast (2022-2026)
Figure Japan Cardamom Revenue (Million US$) Growth Rate Forecast (2022-2026)
Figure China Cardamom Production (K Units) Growth Rate Forecast (2022-2026)
Figure China Cardamom Revenue (Million US$) Growth Rate Forecast (2022-2026)
Figure Methodology/Research Approach
Figure Market Size Estimation
Figure Author List
Research Methodology:
Global Cardamom Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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