Global Cardamom Market Outlook 2021-2025 | Growth of $168.87 Million Projected | Rising Trend of Cardamom Usage in Herbal Health Supplements


Dublin, Feb. 04, 2022 (GLOBE NEWSWIRE) -- The "Global Cardamom Market 2021-2025" report has been added to ResearchAndMarkets.com's offering.

The global cardamom market is poised to grow by $168.87 million during 2021-2025, progressing at a CAGR of 3.06% during the forecast period.

The market is driven by the growing awareness about the health benefits of cardamom, increasing use of cardamom in developing countries, and multifaceted nature of cardamom. The study identifies the rising trend of cardamom usage in herbal health supplements as one of the prime reasons driving the cardamom market growth during the next few years. Also, growing prominence for online shopping and growing demand for organic cardamom will lead to sizable demand in the market.

This report provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment.

The cardamom market is segmented as below:

By Product

  • Ingredients
  • Powder
  • Liquid extract

By Application

  • Food and beverages
  • Medical
  • Other

By Geographical Landscape

  • APAC
  • Europe
  • MEA
  • North America
  • South America

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading cardamom market vendors that include:

  • Als Spices
  • Cardex SA
  • Del Tropico SA
  • DS Group
  • Flavica Spices
  • Imexa Inc.
  • Kautilya Commodities
  • KLG Spice
  • MAS Enterprises Ltd.
  • McCormick & Company Inc.

Also, the cardamom market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

For more information about this report visit https://www.researchandmarkets.com/r/l8q1ck

 

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