Report overview
Cinnamon is a spice obtained from the inner bark of several trees from the genus Cinnamomum that is used in both sweet and savory foods.
This report aims to provide a comprehensive presentation of the global market for Cinnamon, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Cinnamon. This report contains market size and forecasts of Cinnamon in global, including the following market information:
Global Cinnamon Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Cinnamon Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Cinnamon companies in 2022 (%)
The global Cinnamon market was valued at US$ 1406.6 million in 2022 and is projected to reach US$ 2214.6 million by 2029, at a CAGR of 6.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Asia Pacific has developed as the dominant region in global cinnamon market followed by Europe. Increasing demand for spices as a flavoring agent in various food products, has strengthened the growth of global cinnamon market and hence is projected to significantly expand the revenue contribution of the market over the forecast period.
We surveyed the Cinnamon manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Cinnamon Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Cinnamon Market Segment Percentages, by Type, 2022 (%)
Chinese Cinnamon
Sri Lanka Cinnamon
Others
Global Cinnamon Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Cinnamon Market Segment Percentages, by Application, 2022 (%)
Medicinal Use
Spice
Others
Global Cinnamon Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Cinnamon Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Cinnamon revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Cinnamon revenues share in global market, 2022 (%)
Key companies Cinnamon sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Cinnamon sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Adam Group
Bio Foods
Everson Spice Company
Goya Foods
HDDES Group
First Spice Mixing Company
C.F. Sauer Company
EOAS International
Bart Ingredients Company
Adams Extract & Spice
ACH Food Companies
Frontier Natural Products
Cassia Co-op
Naturoca
Cino Ceylon
Cinnatopia
Outline of Major Chapters:
Chapter 1: Introduces the definition of Cinnamon, market overview.
Chapter 2: Global Cinnamon market size in revenue and volume.
Chapter 3: Detailed analysis of Cinnamon manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Cinnamon in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Cinnamon capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
