Black Cardamom Market By Application (Food & Beverage, Pharmaceuticals, Nutraceuticals), By Distribution Channel (Online Platforms, Offline Platforms ),By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2022-2032

Black Cardamom Market Overview:

Black Cardamom Market is a perennial herbaceous plant loaded with aromatic fragrances and offers numerous health benefits. It is often referred to as the ‘queen of spices.  Its scientific name is Amomum subulatum and it grows in pods on an herbaceous plant that belongs to the ginger family. These pods have a hard, dried, wrinkly skin, are about one inch long, and have tacky, dull-hued seeds. Black cardamom has an aromatic fragrance with a citrus and eucalyptus flavor. Consuming black cardamom helps treat various digestive diseases and fight stomach ulcers. This spice also keeps the acids in the stomach under regulated control. It also improves appetite and helps in maintaining good heart health as well.

There are two species of black cardamom: amomum subulatum and amomum tsao-ko. The type used in Indian cuisines is amomum subulatum, smaller than the amomum tsao-ko version, which is generally used in Chinese cooking. Black cardamom is dried over an open fire creating a distinct smoky aroma and flavor.

Likewise, dark cardamom should be stored in an air-tight container with most flavors away from light and heat. This spice will stay fresh for about a year, while dark ground cardamom will retain its character for a couple of months.

Market Segmentation:

The global black cardamom market is segmented based on – Application, Distribution Channel, and Region.

By Application:

• Food & Beverage
• Pharmaceuticals
• Nutraceuticals

Distribution Channel:

• Online Platforms
• Offline Platforms

By Region:

• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa

Market Dynamics:

Drivers:

The numerous health benefits offered by black cardamom are becoming common knowledge these days. And, with the increasing number of heart attacks and other related diseases, it is steadily becoming a regular household item. It helps control heart rate, balances blood pressure, and reduces the chances of an individual developing blood clots. Such factors are expected to boost the demand for black cardamom in the nutraceutical and pharmaceutical industries.

Black cardamom also aids in regulating asthma, which an increasing number of individuals suffer from these days. Moreover, it possesses antiseptic and antibacterial properties, which help prevent scalp infections and provides proper nourishment to the hair due to its anti-oxidative properties. These factors are also expected to lead to additional avenues for market development in the coming years.

Restraints:

Cardamom is one of the most expensive spices by weight and may cause liver problems, loss of appetite, nausea, vomiting, and a sore mouth and throat. Due to this, it can’t be utilized as the main ingredient in spicy food. This factor can affect the demand for black cardamom. Additionally, the lack of harvesting technologies for black cardamom may hinder the further adoption of this product.

Opportunities:

The pharmaceutical market is continually growing and needs new organic ingredients for research & development purposes. Black cardamom has a wide application in Ayurveda and other medicines due to its favorable properties. It assists with stimulating gastric and gastrointestinal glands. It helps discharge stomach juices to promote digestion and even prevents conditions like gastric ulcers, sharpness, etc. These factors are expected to create numerous opportunities for key players in this market.

Development:

• Nepal begins the process of registering five species of large cardamom grown in their country
• Sikkim’s black cardamom has given its farmers a major economic boost

Competitive Landscapes:

• Everest Spices
• ROYAL SPICES
• South Indian Green Cardamom Company
• Yogita Agro Food Products Co.
• Shimlahills
• Prel
• MDH Spices

For the Black Cardamom Market research study, the following years have been considered to estimate the market size: