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Business
Black Cardamom Market Eyes $480 Million as India’s Production Declines
✍️ The Economic Times
🗓 11 Oct 2026, 08:03 AM
👁 24
India’s dwindling black cardamom output has prompted analysts to project a $480 million market potential, signaling a possible resurgence for the spice.
India’s black cardamom, often dubbed the nation’s "black gold", has seen a noticeable decline in domestic production over recent years.
Amid this downturn, market analysts are projecting a potential $480 million market for the spice, suggesting that demand—both domestic and international—could drive a rebound.
The projected growth hinges on improved cultivation practices and better supply chain management, which could help farmers tap into lucrative export markets.
While challenges remain, the forecast offers a glimmer of hope for stakeholders looking to revive India’s standing in the global black cardamom trade.
Amid this downturn, market analysts are projecting a potential $480 million market for the spice, suggesting that demand—both domestic and international—could drive a rebound.
The projected growth hinges on improved cultivation practices and better supply chain management, which could help farmers tap into lucrative export markets.
While challenges remain, the forecast offers a glimmer of hope for stakeholders looking to revive India’s standing in the global black cardamom trade.