PUBLISHER: KBV Research | PRODUCT CODE: 1709561
PUBLISHER: KBV Research | PRODUCT CODE: 1709561
The Latin America, Middle East and Africa Green Cardamom Market would witness market growth of 7.6% CAGR during the forecast period (2025-2032).
The UAE market dominated the LAMEA Green Cardamom Market by Country in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of $24.2 Million by 2032. The Saudi Arabia market is showcasing a CAGR of 7.8% during (2025 - 2032). Additionally, The Brazil market would register a CAGR of 6.2% during (2025 - 2032).
As consumers become more health-conscious, there is an increasing preference for natural remedies over synthetic medicines. Green cardamom, known for its digestive, anti-inflammatory, and antioxidant properties, is widely used in health supplements and herbal formulations. The rising demand for immunity-boosting and gut-health-enhancing products has positioned cardamom as a valuable ingredient in functional foods and wellness beverages.
Several trends are shaping this market. Consumers' preference for functional foods and beverages and innovations in packaging and supply chain transparency are further driving market expansion. The demand for functional foods with added health benefits has contributed to the increased use of herbal drinks, teas, and immunity-boosting products.
The increasing demand is driven by expanding food service sectors and retail trade growth, especially in key regions such as Brazil, the UAE, and Saudi Arabia. According to IBGE, the Brazilian retail sector has demonstrated steady growth, with a 2.5% increase in retail trade between December 2023 and January 2024. Additionally, in January 2024, retail sales rose by 4.1% compared to the previous year, indicating a strengthening consumer market. Furthermore, according to the United States Department of Agriculture, the UAE's food service industry is the second-largest within the GCC region, with a market value reaching $12.3 billion in 2021, marking a 17% increase from 2020. In addition, according to the South African government, Saudi Arabia's food and beverage industry is experiencing significant growth, as indicated by a 14.9% increase in total income in February 2023 compared to February 2022. Hence, the growth of Brazil's retail trade, coupled with the expanding food service industry in the UAE and Saudi Arabia, is significantly driving the demand for green cardamom.
Based on Product, the market is segmented into Small and Large. Based on End-use, the market is segmented into Hypermarkets & Supermarkets, Food Service, Convenience Stores, Online, and Other End-use. Based on Nature, the market is segmented into Conventional and Organic. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
LAMEA Green Cardamom Market Report Segmentation
By Product
By End-use
By Nature
By Country