PUBLISHER: KBV Research | PRODUCT CODE: 1709610
PUBLISHER: KBV Research | PRODUCT CODE: 1709610
The Asia Pacific Green Cardamom Market would witness market growth of 5.5% CAGR during the forecast period (2025-2032).
The China market dominated the Asia Pacific Green Cardamom Market by Country in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of $231.4 Million by 2032. The Japan market is registering a CAGR of 3.9% during (2025 - 2032). Additionally, The India market would showcase a CAGR of 6% during (2025 - 2032).
It is also utilized in the flavour and fragrance industry, incorporated into air fresheners, scented candles, and incense. The spice's essential oil is in demand for aromatherapy, providing stress relief and relaxation benefits. Additionally, the tobacco industry, particularly in the Middle East and Asia, uses cardamom as a flavouring agent in certain smoking products.
The increasing popularity of ethnic and gourmet flavours in cuisine has contributed to the rising demand for green cardamom. Western countries, in particular, are incorporating the spice into specialty teas, fusion dishes, and artisanal confectionery. Additionally, cardamom is a key ingredient in traditional Middle Eastern, Indian, and Scandinavian cuisines.
The growing demand is largely driven by the expansion of food processing, hotel, and food service industries and increasing consumer purchasing power. India's food service industry is projected to reach $125.06 billion by 2029, growing at a CAGR of 10.21% from its $69.7 billion valuation in 2023.In addition, China's per capita disposable income stood at 29,398 yuan (approximately $4,094.71) in the first three quarters of 2023, marking a 6.3% year-on-year increase, as the State Council of the People's Republic of China reported. Also, according to the U.S. Department of Agriculture, Japan's food processing industry produced food and beverage products worth $218.3 billion in 2020. This strong industrial foundation enables a steady demand for high-value spices, particularly in processed food, confectionery, and beverage manufacturing. Green cardamom is used in Japan's growing herbal tea, spice-infused desserts, and premium ready-to-drink (RTD) beverage sectors. The increasing focus on functional foods and health-conscious ingredients has further driven the demand for natural spices with digestive and medicinal properties, such as green cardamom. In conclusion, the expansion of India's hotel and food service industry, China's rising disposable income, and Japan's strong food processing sector collectively drive 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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
List of Key Companies Profiled
Asia Pacific Green Cardamom Market Report Segmentation
By Product
By End-use
By Nature
By Country