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Cinnamon Market

Global Cinnamon Market Size, Share, Trends, Forecast: By Form: Whole, Extract; By Product: Ceylon, Cassia, Saigon, Korintje; By Application: Food and Beverage, Cosmetics, Pharmaceuticals, Others; By Distribution Channel: Offline, Online; Regional Analysis; Market Dynamics: SWOT Analysis; Competitive Landscape; 2024-2032

Global Cinnamon Market Outlook

The global cinnamon market is expected to grow at a CAGR of 7.9% during the period 2024-2032. The market is expected to be driven by applications of cinnamon in foods and its medicinal benefits. North America, Europe and Asia are likely to be key markets.

 

Global Cinnamon Market

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Global Market Likely to be Driven by Health Benefits of Cinnamon and Several Other Applications

Cinnamon (the genus Cinnamomum) is a small tropical tree belonging to the lauraceae family. There are around 250 species of Cinnamomum. Essential oils extracted from cinnamon are commonly used in the food and cosmetic industries. Cinnamon comprises natural antioxidant, anti-microbial and anti-inflammatory components, like volatile oils, flavonoids, curcuminoids, coumarins, tannins, alkaloids, xanthones, terpenoids, phenolics and other compounds in considerable amounts. Cinnamon is mainly cultivated in India, Vietnam, Indonesia, Sri Lanka, China, and Madagascar.

 

Benefits Offered by Cinnamon in Diabetes and Cardiovascular Diseases Expected to Boost Market Growth

Diabetes and cardiovascular diseases are major causes of death across the world; traditionally, cinnamon has been employed as an important spice as well as medicine. Studies have reported beneficial effects of cinnamon against cardiovascular diseases, including endothelium protection, immune response regulation, lowering blood lipids, antioxidative properties, anti-inflammatory properties, suppression of vascular smooth muscle cell (VSMC) growth and mobilization, repression of platelet activity and thrombosis and inhibition of angiogenesis.

It has been further suggested that cinnamon helps in diabetes (a crucial risk factor for cardiovascular diseases) by improving insulin sensitivity and insulin secretion; regulating enzyme activity involved in glucose; regulating glucose metabolism in liver, adipose tissue and muscle; relieving oxidative stress and inflammation to defend islet cells; and improving complications related to diabetes. These factors are expected to contribute to the growth of the global cinnamon market.

 

Use of Cinnamon in Poultry Feed Expected to Stimulate the Market

Increased bacterial resistance to synthetic antibiotics and rising consumer awareness towards health and food safety concerns have led to a ban on the use of antibiotic growth promotors (AGPs) in the poultry industry. The poultry sector has been forced to seek safe alternatives to AGPs and develop sustainable feed management strategies to enhance intestinal health and growth performance of poultry. In recent years, cinnamon has gained much attention as a natural product with several health benefits to poultry. The essential oils present in cinnamon carry antioxidant, anti-microbial, anti-inflammatory, antifungal, and hypocholesterolaemic properties, and the ability to stimulate digestive enzymes in the gut.

 

Use of Cinnamon in Foods and Cosmetics Expected to Boost the Market

Cinnamon is used in savoury dishes, pickles, soups, and sweets. Cinnamon bark, leaves, flowers and fruits are used to make essential oils, used in cosmetics and food products. In some European nations, cinnamon-flavoured foods are becoming increasingly popular. C. cassia is more popular than C. verum in Europe. Biscuits containing cinnamon are popular in Germany. In the northern part of Greece, meat with cinnamon is a popular traditional food. Cinnamon rolls are popular in USA. These uses are expected to drive the global cinnamon market.

 

Market Segmentation

 

Global Cinnamon Market by Segments

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By form, the market is segmented into:

  • Whole
  • Extract (further broken down by form into)
    • Powder
    • Oil

By product, the market is classified into:

  • Ceylon
  • Cassia
  • Saigon
  • Korintje

By application, the market is divided into:

  • Food and Beverage
  • Cosmetics
  • Pharmaceuticals
  • Others

By distribution channel, the market is classified into:

  • Offline
  • Online

By region, the market is segmented into:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

 

Global Cinnamon Market by Region

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Key Industry Players in the Global Cinnamon Market

The report presents a detailed analysis of the following key players in the market, looking into their capacity, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Pure Ceylon Cinnamon
  • Biofoods Pvt Ltd (BIBP)
  • HDDES Group
  • Sauer Brands, Inc. 
  • First Spice Mixing Company Inc. 
  • Elite Spice, Inc.
  • Others

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
 

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Form
  • Product
  • Application
  • Distribution Channel
  • Region
Breakup by Form
  • Whole
  • Extract
    • Powder
    • Oil
Breakup by Product
  • Ceylon
  • Cassia 
  • Saigon
  • Korintje
Breakup by Application
  • Food and Beverage
  • Cosmetics
  • Pharmaceuticals
  • Others
Breakup by Distribution Channel
  • Offline
  • Online
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT
  • Porter's Five Forces
  • Key Indicators for Demand
  • Key Indicators for Price
Trade Data Analysis
  • Major Exporting Countries
    • By Value
    • By Volume
  • Major Importing Countries
    • By Value
    • By Volume
Price Analysis
  • Historical Price Trends
  • Forecast Price Trends
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Pure Ceylon Cinnamon
  • Biofoods Pvt Ltd (BIBP)
  • HDDES Group
  • Sauer Brands, Inc. 
  • First Spice Mixing Company Inc. 
  • Elite Spice, Inc.
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Cinnamon Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Cinnamon Historical Market (2018-2023) 
    8.3    Global Cinnamon Market Forecast (2024-2032)
    8.4    Global Cinnamon Market by Form
        8.4.1    Whole
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Extract
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
            8.4.2.3    Breakup by Form
                8.4.2.3.1    Powder
                8.4.2.3.2    Oil
    8.5    Global Cinnamon Market by Product
        8.5.1    Ceylon
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Cassia 
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032) 
        8.5.3    Saigon
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Korintje
            8.5.4.1    Historical Trend (2018-2023)
            8.5.4.2    Forecast Trend (2024-2032)
    8.6    Global Cinnamon Market by Application
        8.6.1    Food and Beverage
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Cosmetics
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Pharmaceuticals
            8.6.3.1    Historical Trend (2018-2023)
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Others
    8.7    Global Cinnamon Market by Distribution Channel
        8.7.1    Offline
            8.7.1.1    Historical Trend (2018-2023)
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Online
            8.7.2.1    Historical Trend (2018-2023)
            8.7.2.2    Forecast Trend (2024-2032)     
    8.8    Global Cinnamon Market by Region
        8.8.1    North America
            8.8.1.1    Historical Trend (2018-2023) 
            8.8.1.2    Forecast Trend (2024-2032)
        8.8.2    Europe
            8.8.2.1    Historical Trend (2018-2023) 
            8.8.2.2    Forecast Trend (2024-2032)
        8.8.3    Asia Pacific
            8.8.3.1    Historical Trend (2018-2023) 
            8.8.3.2    Forecast Trend (2024-2032)
        8.8.4    Latin America
            8.8.4.1    Historical Trend (2018-2023) 
            8.8.4.2    Forecast Trend (2024-2032)
        8.8.5    Middle East and Africa
            8.8.5.1    Historical Trend (2018-2023) 
            8.8.5.2    Forecast Trend (2024-2032)
9    North America Cinnamon Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Cinnamon Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Cinnamon Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Cinnamon Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Cinnamon Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value  Chain Analysis
16    Trade  Data Analysis (HS Code - 0906)

    16.1    Major Importing Countries
        16.1.1    By Volume
        16.1.2    By Value
    16.2    Major Exporting Countries
        16.2.1    By Volume
        16.2.2    By Value
17    Price Analysis
    17.1    North America Historical Price Trends (2018-2023) and Forecast (2024-2032)
    17.2    Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
    17.3    Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
    17.4    Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
    17.5    Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
18    Competitive Landscape
    18.1    Market Structure
    18.2    Company Profiles
        18.2.1    Pure Ceylon Cinnamon
            18.2.1.1    Company Overview
            18.2.1.2    Product Portfolio
            18.2.1.3    Demographic Reach and Achievements
            18.2.1.4    Certifications
        18.2.2    Biofoods Pvt Ltd (BIBP)
            18.2.2.1    Company Overview
            18.2.2.2    Product Portfolio
            18.2.2.3    Demographic Reach and Achievements
            18.2.2.4    Certifications
        18.2.3    HDDES Group
            18.2.3.1    Company Overview
            18.2.3.2    Product Portfolio
            18.2.3.3    Demographic Reach and Achievements
            18.2.3.4    Certifications
        18.2.4    Sauer Brands, Inc.
            18.2.4.1    Company Overview
            18.2.4.2    Product Portfolio
            18.2.4.3    Demographic Reach and Achievements
            18.2.4.4    Certifications
        18.2.5    First Spice Mixing Company Inc.
            18.2.5.1    Company Overview
            18.2.5.2    Product Portfolio
            18.2.5.3    Demographic Reach and Achievements
            18.2.5.4    Certifications
        18.2.6    Elite Spice, Inc. 
            18.2.6.1    Company Overview
            18.2.6.2    Product Portfolio
            18.2.6.3    Demographic Reach and Achievements
            18.2.6.4    Certifications
        18.2.7    Others
19    Key Trends and Developments in the Market

 

List of Figures and Tables

1.    Global Cinnamon Market: Key Industry Highlights, 2017 and 2021
2.    Global Cinnamon Historical Market: Breakup by Form (USD Million), 2018-2023
3.    Global Cinnamon Market Forecast: Breakup by Form (USD Million), 2024-2032
4.    Global Cinnamon Historical Market: Breakup by Product (USD Million), 2018-2023
5.    Global Cinnamon Market Forecast: Breakup by Product (USD Million), 2024-2032
6.    Global Cinnamon Historical Market: Breakup by Application (USD Million), 2018-2023
7.    Global Cinnamon Market Forecast: Breakup by Application (USD Million), 2024-2032
8.    Global Cinnamon Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
9.    Global Cinnamon Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
10.    Global Cinnamon Historical Market: Breakup by Region (USD Million), 2018-2023
11.    Global Cinnamon Market Forecast: Breakup by Region (USD Million), 2024-2032
12.    North America Cinnamon Historical Market: Breakup by Country (USD Million), 2018-2023
13.    North America Cinnamon Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Europe Cinnamon Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Europe Cinnamon Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Asia Pacific Cinnamon Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Asia Pacific Cinnamon Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    Latin America Cinnamon Historical Market: Breakup by Country (USD Million), 2018-2023
19.    Latin America Cinnamon Market Forecast: Breakup by Country (USD Million), 2024-2032
20.    Middle East and Africa Cinnamon Historical Market: Breakup by Country (USD Million), 2018-2023
21.    Middle East and Africa Cinnamon Market Forecast: Breakup by Country (USD Million), 2024-2032
22.    Major Exporting Countries by Value
23.    Major Importing Countries by Value
24.    Major Exporting Countries by Volume
25.    Major Importing Countries by Volume
26.    North America Historical Price Trends and Forecast 2018-2028
27.    Europe Historical Price Trends and Forecast 2018-2028
28.    Asia Pacific Historical Price Trends and Forecast 2018-2028
29.    Latin America Historical Price Trends and Forecast 2018-2028
30.    Middle East and Africa Historical Price Trends and Forecast 2018-2028
31.    Global Cinnamon Market Structure

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