Cinnamon Market by Type (Ceylon Cinnamon, Cassia Cinnamon, Saigon Cinnamon, Korintje Cinnamon) by Applications (Food & Beverages, Medicines, Cosmetics) – Business Overview, Analysis and Industry Forecast 2017-2023
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In the Global Cinnamon Market, by region Asia Pacific region holds the highest market share in 2017 and is also market is considered as the fastest growing market in the forecasted period owing to their market demands. At country level Indonesia, China and Vietnam in Asia-Pacific is projected to grow strongly in the coming years.
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• Higher Demand for Cinnamon from Cosmetic Industry
• Increasing Concern over the High Coumarin in Cassa Cinnamon
• Rising Demand for Cinnamon as a Flavouring Agent
• Strict Trade Regulations Especially in Cinnamon Exports
The report segments the cinnamon market on the basis of type, application, distribution channel, and geography. On the basis of distribution channel, the market is segmented into hypermarkets, supermarkets, online stores, convenience stores, and specialty stores.
Based on type, it is divided into Ceylon cinnamon, cassia cinnamon, Saigon cinnamon, Korintje cinnamon, and others (Malabar cinnamon and Indian cinnamon). Of these cassia cinnamon holds the highest market share in 2017 and is expected to grow with the highest CAGR of XX% in the forecasted period. Cinnamon has various applications in a different type of medicines, cosmetics, and food & beverage products.
ACH Food Companies, Adam Group, Bart Ingredients, Bio Foods (Pvt) Ltd., C.F. Sauer Company, Ceylon Spice Company, EHL Ingredients, Elite Spice, EOAS International and HDDES GROUP are some of the key players in the Global Cinnamon market.
Key Benefits for Stakeholders
• Cinnamon Manufacturers, Distributors and Retailers
• Raw material suppliers
• Research and Consulting Organization
• End use industries
• Investment research firms and regulatory bodies
• Ceylon Cinnamon
• Cassia Cinnamon
• Saigon Cinnamon
• Korintje Cinnamon
• Others (Malabar Cinnamon, Indian Cinnamon, and more)
• Food & Beverages
By Distribution Channel
• Online Retailers
• Convenience Stores
• Specialty Stores
• North America
Key Market Players
• ACH Food Companies
• Adam Group
• Bart Ingredients
• Bio Foods (Pvt) Ltd.
• C.F. Sauer Company
• Ceylon Spice Company
• EHL Ingredients
• Elite Spice
• EOAS International
• HDDES GROUP
(A brief overview of 10 companies is also provided)
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