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Cinnamon Market Size, Share, Trends, Growth Outlook

Cinnamon Market Size, Share, Trends, Growth Outlook, and Opportunities to 2030 - by Type (Ceylon Cinnamon, Cassia Cinnamon, Saigon Cinnamon, Korintje Cinnamon), Category (Cassia Cinnamon, Ceylon Cinnamon, Saigon Cinnamon, Korintje Cinnamon), Application (Food Industry, Cosmetic Industry, Health Industry), Distribution Channel (Online Store, Hyper Markets/ Super Markets, Retail Shops, Speciality Stores), Countries and Companies Report

Cinnamon Market is estimated to increase at a growth rate of 7.4 % CAGR over the forecast period from 2024 to 2032.

 

Cinnamon is a spice obtained from the inner bark of trees belonging to the genus Cinnamomum. It's used in both sweet and savory dishes and is known for its warm, sweet flavor.

 

Market Trend: Increasing Demand for Natural and Healthy Ingredients

A prominent market trend in the cinnamon segment is the increasing demand for natural and healthy ingredients. As consumers become more health-conscious and seek wholesome options, there is a growing interest in incorporating natural spices like cinnamon into their diets. This trend emphasizes a preference for clean-label products, contributing to the popularity of cinnamon as a versatile and flavorful spice that aligns with the demand for natural and healthy food choices.

 

Market Driver: Rising Awareness of Cinnamon's Health Benefits

The primary market driver for cinnamon is the rising awareness of its health benefits. Cinnamon is known for its potential antioxidant properties, anti-inflammatory effects, and the ability to help regulate blood sugar levels. The driver is fueled by an increased interest in functional foods and ingredients that offer health benefits beyond flavor. Manufacturers can capitalize on this driver by promoting the nutritional advantages of cinnamon and incorporating it into a variety of food and beverage products, catering to health-conscious consumers seeking both taste and wellness benefits.

 

Potential Opportunity: Expansion in Functional and Specialty Products

A potential opportunity within the cinnamon market lies in the expansion of functional and specialty products. Manufacturers can explore the incorporation of cinnamon into a diverse range of functional foods, beverages, and specialty products. This could include cinnamon-infused supplements, herbal teas, health bars, or even innovative culinary creations. By tapping into the demand for both flavor enhancement and health benefits, there is an opportunity to diversify the application of cinnamon, creating a broader range of products that appeal to different consumer preferences and culinary trends.

 

Cinnamon Market Segmentation

By Type

  • Ceylon Cinnamon
  • Cassia Cinnamon
  • Saigon Cinnamon
  • Korintje Cinnamon

 

By Category

  • Cassia Cinnamon
  • Indonesian
  • Chinese
  • Saigon
  • Ceylon Cinnamon
  • Saigon Cinnamon
  • Korintje Cinnamon

 

By Application

  • Food Industry
  • Cosmetic Industry
  • Health Industry

 

By Distribution Channel

  • Online Stores
  • Hyper Markets/ Super Markets
  • Retail Shops
  • Speciality Stores

 

By Region

  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Spain, Italy, Others)
  • Asia Pacific (China, India, Japan, South Korea, Australia, Others)
  • Latin America (Brazil, Argentina, Others)
  • Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)

 

Cinnamon Market Companies

  • CV Kerinci Agro
  • G.P. De Silva Spices
  • JustIngredients Limited
  • Nature’s Agro Products Lanka Co.
  • RKR Exports
  • Vietnam Hanfimex Corporation
  • Wuzhou Hengsheng Trading Co., Ltd.
  • Yehiawy
  • Bio Foods (Pvt) Ltd.
  • Goya Foods, Inc.
  • HDDES Group
  • First Spice Mixing Company
  • C.F. Sauer Company
  • EOAS Organics
  • Bart Ingredients Company Ltd.
  • Adams Extract & Spice, LLC
  • ACH Food Companies, Inc.

 

*List not exhaustive

 

Cinnamon Market Outlook 2024

1 Market Overview

1.1 Introduction to the Cinnamon Market

1.2 Scope of the Study

1.3 Research Objective

1.3.1 Key Market Scope and Segments

1.3.2 Players Covered

1.3.3 Years Considered

 

2 Executive Summary

2.1 2024 Cinnamon Industry- Market Statistics

3 Market Dynamics

3.1 Market Drivers

3.2 Market Challenges

3.3 Market Opportunities

3.4 Market Trends

 

4 Market Factor Analysis

4.1 Porter’s Five Forces

4.2 Market Entropy

4.2.1 Global Cinnamon Market Companies with Area Served

4.2.2 Products Offerings Global Cinnamon Market

 

5 COVID-19 Impact Analysis and Outlook Scenarios

5.1.1 Covid-19 Impact Analysis

5.1.2 Post-COVID-19 Scenario- Low Growth Case

5.1.3 Post-COVID-19 Scenario- Reference Growth Case

5.1.4 Post-COVID-19 Scenario- Low Growth Case

 

6 Global Cinnamon Market Trends

6.1 Global Cinnamon Revenue (USD Million) and CAGR (%) by Type (2018-2030)

6.2 Global Cinnamon Revenue (USD Million) and CAGR (%) by Applications (2018-2030)

6.3 Global Cinnamon Revenue (USD Million) and CAGR (%) by Regions (2018-2030)

 

7 Global Cinnamon Market Revenue (USD Million) by Type, and Applications (2018-2022)

7.1 Global Cinnamon Revenue (USD Million) by Type (2018-2022)

7.1.1 Global Cinnamon Revenue (USD Million), Market Share (%) by Type (2018-2022)

7.2 Global Cinnamon Revenue (USD Million) by Applications (2018-2022)

7.2.1 Global Cinnamon Revenue (USD Million), Market Share (%) by Applications (2018-2022)

 

8 Global Cinnamon Development Regional Status and Outlook

8.1 Global Cinnamon Revenue (USD Million) By Regions (2018-2022)

8.2 North America Cinnamon Revenue (USD Million) by Type, and Application (2018-2022)

8.2.1 North America Cinnamon Revenue (USD Million) by Country (2018-2022)

8.2.2 North America Cinnamon Revenue (USD Million) by Type (2018-2022)

8.2.3 North America Cinnamon Revenue (USD Million) by Applications (2018-2022)

8.3 Europe Cinnamon Revenue (USD Million), by Type, and Applications (USD Million) (2018-2022)

8.3.1 Europe Cinnamon Revenue (USD Million), by Country (2018-2022)

8.3.2 Europe Cinnamon Revenue (USD Million) by Type (2018-2022)

8.3.3 Europe Cinnamon Revenue (USD Million) by Applications (2018-2022)

8.4 Asia Pacific Cinnamon Revenue (USD Million), and Revenue (USD Million) by Type, and Applications (2018-2022)

8.4.1 Asia Pacific Cinnamon Revenue (USD Million) by Country (2018-2022)

8.4.2 Asia Pacific Cinnamon Revenue (USD Million) by Type (2018-2022)

8.4.3 Asia Pacific Cinnamon Revenue (USD Million) by Applications (2018-2022)

8.5 South America Cinnamon Revenue (USD Million), by Type, and Applications (2018-2022)

8.5.1 South America Cinnamon Revenue (USD Million), by Country (2018-2022)

8.5.2 South America Cinnamon Revenue (USD Million) by Type (2018-2022)

8.5.3 South America Cinnamon Revenue (USD Million) by Applications (2018-2022)

8.6 Middle East and Africa Cinnamon Revenue (USD Million), by Type, Technology, Application, Thickness (2018-2022)

8.6.1 Middle East and Africa Cinnamon Revenue (USD Million) by Country (2018-2022)

8.6.2 Middle East and Africa Cinnamon Revenue (USD Million) by Type (2018-2022)

8.6.3 Middle East and Africa Cinnamon Revenue (USD Million) by Applications (2018-2022)

 

9 Company Profiles

 

10 Global Cinnamon Market Revenue (USD Million), by Type, and Applications (2024-2030)

10.1 Global Cinnamon Revenue (USD Million) and Market Share (%) by Type (2024-2030)

10.1.1 Global Cinnamon Revenue (USD Million), and Market Share (%) by Type (2024-2030)

10.2 Global Cinnamon Revenue (USD Million) and Market Share (%) by Applications (2024-2030)

10.2.1 Global Cinnamon Revenue (USD Million), and Market Share (%) by Applications (2024-2030)

 

11 Global Cinnamon Development Regional Status and Outlook Forecast

11.1 Global Cinnamon Revenue (USD Million) By Regions (2024-2030)

11.2 North America Cinnamon Revenue (USD Million) by Type, and Applications (2024-2030)

11.2.1 North America Cinnamon Revenue (USD) Million by Country (2024-2030)

11.2.2 North America Cinnamon Revenue (USD Million), by Type (2024-2030)

11.2.3 North America Cinnamon Revenue (USD Million), Market Share (%) by Applications (2024-2030)

11.3 Europe Cinnamon Revenue (USD Million), by Type, and Applications (2024-2030)

11.3.1 Europe Cinnamon Revenue (USD Million), by Country (2024-2030)

11.3.2 Europe Cinnamon Revenue (USD Million), by Type (2024-2030)

11.3.3 Europe Cinnamon Revenue (USD Million), by Applications (2024-2030)

11.4 Asia Pacific Cinnamon Revenue (USD Million) by Type, and Applications (2024-2030)

11.4.1 Asia Pacific Cinnamon Revenue (USD Million), by Country (2024-2030)

11.4.2 Asia Pacific Cinnamon Revenue (USD Million), by Type (2024-2030)

11.4.3 Asia Pacific Cinnamon Revenue (USD Million), by Applications (2024-2030)

11.5 South America Cinnamon Revenue (USD Million), by Type, and Applications (2024-2030)

11.5.1 South America Cinnamon Revenue (USD Million), by Country (2024-2030)

11.5.2 South America Cinnamon Revenue (USD Million), by Type (2024-2030)

11.5.3 South America Cinnamon Revenue (USD Million), by Applications (2024-2030)

11.6 Middle East and Africa Cinnamon Revenue (USD Million), by Type, and Applications (2024-2030)

11.6.1 Middle East and Africa Cinnamon Revenue (USD Million), by Region (2024-2030)

11.6.2 Middle East and Africa Cinnamon Revenue (USD Million), by Type (2024-2030)

11.6.3 Middle East and Africa Cinnamon Revenue (USD Million), by Applications (2024-2030)

 

12 Methodology and Data Sources

12.1 Methodology/Research Approach

12.1.1 Research Programs/Design

12.1.2 Market Size Estimation

12.1.3 Market Breakdown and Data Triangulation

12.2 Data Sources

12.2.1 Secondary Sources

12.2.2 Primary Sources

12.3 Disclaimer

 

List of Tables

Table 1 Market Segmentation Analysis

Table 2 Global Cinnamon Market Companies with Areas Served

Table 3 Products Offerings Global Cinnamon Market

Table 4 Low Growth Scenario Forecasts

Table 5 Reference Case Growth Scenario

Table 6 High Growth Case Scenario

Table 7 Global Cinnamon Revenue (USD Million) And CAGR (%) By Type (2018-2030)

Table 8 Global Cinnamon Revenue (USD Million) And CAGR (%) By Applications (2018-2030)

Table 9 Global Cinnamon Revenue (USD Million) And CAGR (%) By Regions (2018-2030)

Table 10 Global Cinnamon Revenue (USD Million) By Type (2018-2022)

Table 11 Global Cinnamon Revenue Market Share (%) By Type (2018-2022)

Table 12 Global Cinnamon Revenue (USD Million) By Applications (2018-2022)

Table 13 Global Cinnamon Revenue Market Share (%) By Applications (2018-2022)

Table 14 Global Cinnamon Market Revenue (USD Million) By Regions (2018-2022)

Table 15 Global Cinnamon Market Share (%) By Regions (2018-2022)

Table 16 North America Cinnamon Revenue (USD Million) By Country (2018-2022)

Table 17 North America Cinnamon Revenue (USD Million) By Type (2018-2022)

Table 18 North America Cinnamon Revenue (USD Million) By Applications (2018-2022)

Table 19 Europe Cinnamon Revenue (USD Million) By Country (2018-2022)

Table 20 Europe Cinnamon Revenue (USD Million) By Type (2018-2022)

Table 21 Europe Cinnamon Revenue (USD Million) By Applications (2018-2022)

Table 22 Asia Pacific Cinnamon Revenue (USD Million) By Country (2018-2022)

Table 23 Asia Pacific Cinnamon Revenue (USD Million) By Type (2018-2022)

Table 24 Asia Pacific Cinnamon Revenue (USD Million) By Applications (2018-2022)

Table 25 South America Cinnamon Revenue (USD Million) By Country (2018-2022)

Table 26 South America Cinnamon Revenue (USD Million) By Type (2018-2022)

Table 27 South America Cinnamon Revenue (USD Million) By Applications (2018-2022)

Table 28 Middle East and Africa Cinnamon Revenue (USD Million) By Region (2018-2022)

Table 29 Middle East and Africa Cinnamon Revenue (USD Million) By Type (2018-2022)

Table 30 Middle East and Africa Cinnamon Revenue (USD Million) By Applications (2018-2022)

Table 31 Financial Analysis

Table 32 Global Cinnamon Revenue (USD Million) By Type (2024-2030)

Table 33 Global Cinnamon Revenue Market Share (%) By Type (2024-2030)

Table 34 Global Cinnamon Revenue (USD Million) By Applications (2024-2030)

Table 35 Global Cinnamon Revenue Market Share (%) By Applications (2024-2030)

Table 36 Global Cinnamon Market Revenue (USD Million), And Revenue (USD Million) By Regions (2024-2030)

Table 37 North America Cinnamon Revenue (USD)By Country (2024-2030)

Table 38 North America Cinnamon Revenue (USD Million) By Type (2024-2030)

Table 39 North America Cinnamon Revenue (USD Million) By Applications (2024-2030)

Table 40 Europe Cinnamon Revenue (USD Million) By Country (2024-2030)

Table 41 Europe Cinnamon Revenue (USD Million) By Type (2024-2030)

Table 42 Europe Cinnamon Revenue (USD Million) By Applications (2024-2030)

Table 43 Asia Pacific Cinnamon Revenue (USD Million) By Country (2024-2030)

Table 44 Asia Pacific Cinnamon Revenue (USD Million) By Type (2024-2030)

Table 45 Asia Pacific Cinnamon Revenue (USD Million) By Applications (2024-2030)

Table 46 South America Cinnamon Revenue (USD Million) By Country (2024-2030)

Table 47 South America Cinnamon Revenue (USD Million) By Type (2024-2030)

Table 48 South America Cinnamon Revenue (USD Million) By Applications (2024-2030)

Table 49 Middle East and Africa Cinnamon Revenue (USD Million) By Region (2024-2030)

Table 50 Middle East and Africa Cinnamon Revenue (USD Million) By Region (2024-2030)

Table 51 Middle East and Africa Cinnamon Revenue (USD Million) By Type (2024-2030)

Table 52 Middle East and Africa Cinnamon Revenue (USD Million) By Applications (2024-2030)

Table 53 Research Programs/Design for This Report

Table 54 Key Data Information from Secondary Sources

Table 55 Key Data Information from Primary Sources

 

List of Figures

Figure 1 Market Scope

Figure 2 Porter’s Five Forces

Figure 3 Global Cinnamon Revenue (USD Million) By Type (2018-2022)

Figure 4 Global Cinnamon Revenue Market Share (%) By Type (2022)

Figure 5 Global Cinnamon Revenue (USD Million) By Applications (2018-2022)

Figure 6 Global Cinnamon Revenue Market Share (%) By Applications (2022)

Figure 7 Global Cinnamon Market Revenue (USD Million) By Regions (2018-2022)

Figure 8 Global Cinnamon Market Share (%) By Regions (2022)

Figure 9 North America Cinnamon Revenue (USD Million) By Country (2018-2022)

Figure 10 North America Cinnamon Revenue (USD Million) By Type (2018-2022)

Figure 11 North America Cinnamon Revenue (USD Million) By Applications (2018-2022)

Figure 12 Europe Cinnamon Revenue (USD Million) By Country (2018-2022)

Figure 13 Europe Cinnamon Revenue (USD Million) By Type (2018-2022)

Figure 14 Europe Cinnamon Revenue (USD Million) By Applications (2018-2022)

Figure 15 Asia Pacific Cinnamon Revenue (USD Million) By Country (2018-2022)

Figure 16 Asia Pacific Cinnamon Revenue (USD Million) By Type (2018-2022)

Figure 17 Asia Pacific Cinnamon Revenue (USD Million) By Applications (2018-2022)

Figure 18 South America Cinnamon Revenue (USD Million) By Country (2018-2022)

Figure 19 South America Cinnamon Revenue (USD Million) By Type (2018-2022)

Figure 20 South America Cinnamon Revenue (USD Million) By Applications (2018-2022)

Figure 21 Middle East and Africa Cinnamon Revenue (USD Million) By Region (2018-2022)

Figure 22 Middle East and Africa Cinnamon Revenue (USD Million) By Type (2018-2022)

Figure 23 Middle East and Africa Cinnamon Revenue (USD Million) By Applications (2018-2022)

Figure 24 Global Cinnamon Revenue (USD Million) By Type (2024-2030)

Figure 25 Global Cinnamon Revenue Market Share (%) By Type (2030)

Figure 26 Global Cinnamon Revenue (USD Million) By Applications (2024-2030)

Figure 27 Global Cinnamon Revenue Market Share (%) By Applications (2030)

Figure 28 Global Cinnamon Market Revenue (USD Million) By Regions (2024-2030)

Figure 29 North America Cinnamon Revenue (USD Million) By Country (2024-2030)

Figure 30 North America Cinnamon Revenue (USD Million) By Type (2024-2030)

Figure 31 North America Cinnamon Revenue (USD Million) By Applications (2024-2030)

Figure 32 Europe Cinnamon Revenue (USD Million) By Country (2024-2030)

Figure 33 Europe Cinnamon Revenue (USD Million) By Type (2024-2030)

Figure 34 Europe Cinnamon Revenue (USD Million) By Applications (2024-2030)

Figure 35 Asia Pacific Cinnamon Revenue (USD Million) By Country (2024-2030)

Figure 36 Asia Pacific Cinnamon Revenue (USD Million) By Type (2024-2030)

Figure 37 Asia Pacific Cinnamon Revenue (USD Million) By Applications (2024-2030)

Figure 38 South America Cinnamon Revenue (USD Million) By Country (2024-2030)

Figure 39 South America Cinnamon Revenue (USD Million) By Type (2024-2030)

Figure 40 South America Cinnamon Revenue (USD Million) By Applications (2024-2030)

Figure 41 Middle East and Africa Cinnamon Revenue (USD Million) By Region (2024-2030)

Figure 42 Middle East and Africa Cinnamon Revenue (USD Million) By Region (2024-2030)

Figure 43 Middle East and Africa Cinnamon Revenue (USD Million) By Type (2024-2030)

Figure 44 Middle East and Africa Cinnamon Revenue (USD Million) By Applications (2024-2030)

Figure 45 Bottom-Up and Top-Down Approaches For This Report

Figure 46 Data Triangulation

 

Cinnamon Market Segmentation

By Type

  • Ceylon Cinnamon
  • Cassia Cinnamon
  • Saigon Cinnamon
  • Korintje Cinnamon

 

By Category

  • Cassia Cinnamon
  • Indonesian
  • Chinese
  • Saigon
  • Ceylon Cinnamon
  • Saigon Cinnamon
  • Korintje Cinnamon

 

By Application

  • Food Industry
  • Cosmetic Industry
  • Health Industry

 

By Distribution Channel

  • Online Stores
  • Hyper Markets/ Super Markets
  • Retail Shops
  • Speciality Stores

 

By Region

  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Spain, Italy, Others)
  • Asia Pacific (China, India, Japan, South Korea, Australia, Others)
  • Latin America (Brazil, Argentina, Others)
  • Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)

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