| Product Code: ETC7549165 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India`s nutmeg import market in 2024 continued to see significant concentration, with top exporting countries being Sri Lanka, Indonesia, Grenada, India, and Australia. The high Herfindahl-Hirschman Index (HHI) indicates a consolidated market. The compound annual growth rate (CAGR) from 2020 to 2024 was strong at 9.34%, showcasing a steady increase in demand. Additionally, the growth rate from 2023 to 2024 stood at 2.81%, reflecting continued momentum in the import market for nutmeg in India.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Nutmeg Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Nutmeg Market Revenues & Volume, 2021 & 2031F |
3.3 India Nutmeg Market - Industry Life Cycle |
3.4 India Nutmeg Market - Porter's Five Forces |
3.5 India Nutmeg Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Nutmeg Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Nutmeg Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of nutmeg |
4.2.2 Growing demand for natural and organic ingredients in food and beverages |
4.2.3 Rising popularity of Indian cuisine globally |
4.3 Market Restraints |
4.3.1 Fluctuating prices of nutmeg due to factors like weather conditions and harvest yields |
4.3.2 Challenges in maintaining consistent quality standards |
4.3.3 Competition from other spice alternatives in the market |
5 India Nutmeg Market Trends |
6 India Nutmeg Market, By Types |
6.1 India Nutmeg Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Nutmeg Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 India Nutmeg Market Revenues & Volume, By Culinary Use, 2021- 2031F |
6.1.4 India Nutmeg Market Revenues & Volume, By Essential Oils, 2021- 2031F |
6.1.5 India Nutmeg Market Revenues & Volume, By Nutmeg Butter, 2021- 2031F |
6.1.6 India Nutmeg Market Revenues & Volume, By Others, 2021- 2031F |
6.2 India Nutmeg Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Nutmeg Market Revenues & Volume, By Meat & Poultry Product, 2021- 2031F |
6.2.3 India Nutmeg Market Revenues & Volume, By Snacks & Convenience Food, 2021- 2031F |
6.2.4 India Nutmeg Market Revenues & Volume, By Soups, 2021- 2031F |
6.2.5 India Nutmeg Market Revenues & Volume, By Sauces, 2021- 2031F |
6.2.6 India Nutmeg Market Revenues & Volume, By and Dressings, 2021- 2031F |
6.2.7 India Nutmeg Market Revenues & Volume, By Bakery & Confectionery, 2021- 2031F |
7 India Nutmeg Market Import-Export Trade Statistics |
7.1 India Nutmeg Market Export to Major Countries |
7.2 India Nutmeg Market Imports from Major Countries |
8 India Nutmeg Market Key Performance Indicators |
8.1 Number of new nutmeg-based product launches in the market |
8.2 Percentage increase in nutmeg exports from India |
8.3 Growth in per capita consumption of nutmeg in India |
8.4 Number of partnerships or collaborations between nutmeg growers and food industry players |
8.5 Investment in research and development for nutmeg processing technologies |
9 India Nutmeg Market - Opportunity Assessment |
9.1 India Nutmeg Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Nutmeg Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Nutmeg Market - Competitive Landscape |
10.1 India Nutmeg Market Revenue Share, By Companies, 2024 |
10.2 India Nutmeg Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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