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Global Cinnamon Market: By Form: Whole, Extract; By Product: Ceylon, Cassia, Saigon, Korintje; By Application: Food and Beverage, Cosmetics, Pharmaceuticals, Others; By Distribution Channel; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Cinnamon Market Outlook

The global cinnamon market is expected to grow at a CAGR of 7.9% during the period 2022-2027. 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.

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual 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    Industry Opportunities and Challenges
8    Global Cinnamon Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Cinnamon Historical Market (2017-2021) 
    8.3    Global Cinnamon Market Forecast (2022-2027)
    8.4    Global Cinnamon Market by Form
        8.4.1    Whole
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    Extract
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
            8.4.2.4    Breakup by Form
                8.4.2.4.1    Powder
                8.4.2.4.2    Oil
    8.5    Global Cinnamon Market by Product
        8.5.1    Ceylon
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2017-2021)
            8.5.1.3    Forecast Trend (2022-2027)
        8.5.2    Cassia 
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2017-2021)
            8.5.2.3    Forecast Trend (2022-2027) 
        8.5.3    Saigon
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2017-2021)
            8.5.3.3    Forecast Trend (2022-2027)
        8.5.4    Korintje
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2017-2021)
            8.5.4.3    Forecast Trend (2022-2027)
    8.6    Global Cinnamon Market by Application
        8.6.1    Food and Beverage
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2017-2021)
            8.6.1.3    Forecast Trend (2022-2027)
        8.6.2    Cosmetics
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2017-2021)
            8.6.2.3    Forecast Trend (2022-2027)
        8.6.3    Pharmaceuticals
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2017-2021)
            8.6.3.3    Forecast Trend (2022-2027)
        8.6.4    Others
    8.7    Global Cinnamon Market by Distribution Channel
        8.7.1    Offline
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2017-2021)
            8.7.1.3    Forecast Trend (2022-2027)
        8.7.2    Online
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2017-2021)
            8.7.2.3    Forecast Trend (2022-2027) 
    8.8    Global Cinnamon Market by Region
        8.8.1    Market Share
            8.8.1.1    North America
            8.8.1.2    Europe
            8.8.1.3    Asia Pacific
            8.8.1.4    Latin America
            8.8.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2017-2021)
        9.1.2    Forecast Trend (2022-2027)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2017-2021)
        9.2.2    Forecast Trend (2022-2027)
        9.2.3    Breakup by Country 
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2017-2021)
        9.3.2    Forecast Trend (2022-2027)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2017-2021)
        9.4.2    Forecast Trend (2022-2027)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2017-2021)
        9.5.2    Forecast Trend (2022-2027)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    Key Indicators for Demand
    10.4    Key Indicators for Price
11    Value Chain Analysis
12    Trade Data Analysis (HS Code - 0906)

    12.1    Major Exporting Countries
        12.1.1    By Value
        12.1.2    By Volume
    12.2    Major Importing Countries
        12.2.1    By Value
        12.2.2    By Volume 
13    Price Analysis
    13.1    North America Historical Price Trends (2017-2021) and Forecast (2022-2027)
    13.2    Europe Historical Price Trends (2017-2021) and Forecast (2022-2027)
    13.3    Asia Pacific Historical Price Trends (2017-2021) and Forecast (2022-2027)
    13.4    Latin America Historical Price Trends (2017-2021) and Forecast (2022-2027)
    13.5    Middle East and Africa Historical Price Trends (2017-2021) and Forecast (2022-2027)
14    Competitive Landscape
    14.1    Market Structure
    14.2    Company Profiles
        14.2.1    Pure Ceylon Cinnamon
            14.2.1.1    Company Overview
            14.2.1.2    Product Portfolio
            14.2.1.3    Demographic Reach and Achievements
            14.2.1.4    Certifications
        14.2.2    Biofoods Pvt Ltd (BIBP)
            14.2.2.1    Company Overview
            14.2.2.2    Product Portfolio
            14.2.2.3    Demographic Reach and Achievements
            14.2.2.4    Certifications
        14.2.3    HDDES Group
            14.2.3.1    Company Overview
            14.2.3.2    Product Portfolio
            14.2.3.3    Demographic Reach and Achievements
            14.2.3.4    Certifications
        14.2.4    Sauer Brands, Inc. 
            14.2.4.1    Company Overview
            14.2.4.2    Product Portfolio
            14.2.4.3    Demographic Reach and Achievements
            14.2.4.4    Certifications
        14.2.5    First Spice Mixing Company Inc. 
            14.2.5.1    Company Overview
            14.2.5.2    Product Portfolio
            14.2.5.3    Demographic Reach and Achievements
            14.2.5.4    Certifications
        14.2.6    Elite Spice, Inc. 
            14.2.6.1    Company Overview
            14.2.6.2    Product Portfolio
            14.2.6.3    Demographic Reach and Achievements
            14.2.6.4    Certifications
        14.2.7    Others
15    Industry Events and Developments

 

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), 2017-2021
3.    Global Cinnamon Market Forecast: Breakup by Form (USD Million), 2022-2027
4.    Global Cinnamon Historical Market: Breakup by Product (USD Million), 2017-2021
5.    Global Cinnamon Market Forecast: Breakup by Product (USD Million), 2022-2027
6.    Global Cinnamon Historical Market: Breakup by Application (USD Million), 2017-2021
7.    Global Cinnamon Market Forecast: Breakup by Application (USD Million), 2022-2027
8.    Global Cinnamon Historical Market: Breakup by Distribution Channel (USD Million), 2017-2021
9.    Global Cinnamon Market Forecast: Breakup by Distribution Channel (USD Million), 2022-2027
10.    Global Cinnamon Historical Market: Breakup by Region (USD Million), 2017-2021
11.    Global Cinnamon Market Forecast: Breakup by Region (USD Million), 2022-2027
12.    North America Cinnamon Historical Market: Breakup by Country (USD Million), 2017-2021
13.    North America Cinnamon Market Forecast: Breakup by Country (USD Million), 2022-2027
14.    Europe Cinnamon Historical Market: Breakup by Country (USD Million), 2017-2021
15.    Europe Cinnamon Market Forecast: Breakup by Country (USD Million), 2022-2027
16.    Asia Pacific Cinnamon Historical Market: Breakup by Country (USD Million), 2017-2021
17.    Asia Pacific Cinnamon Market Forecast: Breakup by Country (USD Million), 2022-2027
18.    Latin America Cinnamon Historical Market: Breakup by Country (USD Million), 2017-2021
19.    Latin America Cinnamon Market Forecast: Breakup by Country (USD Million), 2022-2027
20.    Middle East and Africa Cinnamon Historical Market: Breakup by Country (USD Million), 2017-2021
21.    Middle East and Africa Cinnamon Market Forecast: Breakup by Country (USD Million), 2022-2027
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 2017-2027
27.    Europe Historical Price Trends and Forecast 2017-2027
28.    Asia Pacific Historical Price Trends and Forecast 2017-2027
29.    Latin America Historical Price Trends and Forecast 2017-2027
30.    Middle East and Africa Historical Price Trends and Forecast 2017-2027
31.    Global Cinnamon Market Structure

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