Project report for Cardamom Cultivation

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India is the largest producer of large cardamom with 54% share in world production. The districts of Sikkim and the districts of Kampong and Darjeeling in West Bengal are among the leading producers of large cardamom in India. Cardamom popularly, known as Queen of Spices is native to the evergreen rainy forests of Western Ghats in South India. It is cultivated in Kerala, Karnataka and Tamil Nadu. In India, the state of Kerala is by far the most productive producer, with the districts of Idukki, Palakkad and Wynad. With the price hitting Rs 6,000/kg, cardamom growing areas saw people buying acres of farms and those who had turned to other crops returning to cultivate the green gold. Kerala’s reputation as the land of spices goes back at least 3,000 years. Here, Express delves into the aromatic world of spices with a special focus on Kerala. India is the largest producer and exporter of large cardamom with shipments from the country.  The Indian large cardamom market has a complex structure where the product inflow and outflow take place simultaneously. However, it is apparent that a large quantity is consumed in the domestic market, as the Indian export volume is comparatively low. The Spices Board of India controls and monitors the spice trade in this country. Local dealers or wholesalers collect dried large cardamom capsules from the farmers, perform minimal quality grading, and sell in bulk to exporters.

Market potential & Strategy

Cardamom Market is estimated to reach INR 36, 84,954.12 Crores by 2027. Cardamom is one of the world’s best ancient spices. It is also known as ‘Queen of spices’ because of its pleasant aroma and taste. The Western Ghats forests of the Malabar is the centre of origin and diversity for cardamom. Cardamom has certain characteristics. It is colourless to pale yellow liquid with a sweet-spicy, warming fragrance and a woody-balsamic undertone. The Cardamom Market is projected to grow exponentially in the forecasted period owing to cardamom’s various phenomenal attributes and its variety of uses. Cardamom has its uses from making tea to treating heart related disorders. The major reason behind the growth of the Cardamom is its vital use in Ayurveda medicines. The Ayurveda is growing especially in Asia Pacific region exponentially to treat the health related problem. The increase in demand Ayurveda medicines, is leading to increase in demand of cardamom globally. Another major factor behind the growth of the cardamom market is its massive use in food and beverage industry and its taste enhancing ability. The Food and beverage industry is growing all across the world rapidly which is leading to the growth of the cardamom market. The increase in population plays an important role in the growth of the Cardamom market. As the population is increasing the cardamom’s demand is increasing in household, in food beverage industry, in medical industry which is increasing the sales of the Cardamom especially in Asia-Pacific. 

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