Press release
Cinnamon Market Top Key Players: Adam Group, Pure Ceylon Cinnamon, HDDES Group, Bio Foods (Pvt) Ltd., Ceylon Spice Company, SDS SPICES (PVT) LTD., Elite Spice, Ceylon Spice Company, C.F. Sauer Company, First Spice Mixing Company, Mc Cormick Spices and EHL
Cinnamon Market
Company Profiles
Pure Ceylon Cinnamon
Adam Group
Bio Foods (Pvt.) Ltd.
HDDES Group
SDS SPICES (PVT) LTD.
Ceylon Spice Company
Elite Spice
First Spice Mixing Company
C.F. Sauer Company
EHL Ingredients
Mc Cormick Spices
Others.
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Factors Fuelling Global Market Growth
Growth of the global cinnamon market is mainly bound by various macro-economic and micro-economic factors. With the growing prevalence of various diseases such as respiratory illness, digestive illness and gynecological illness, demand for cinnamon is projected to rev up in the global market. Moreover, growing population of diabetic patients is also projected to impact the global market growth of cinnamon positively. Attributed to various antifungal, antiviral, anti-carcinogenic and anti-bacterial properties, manufacturers in the food and beverage, medicinal, and cosmetic industry are witnessing significant demand. Increasing consumption of cinnamon enables the end users to maintain their blood and sugar levels. Due to various health related benefits, consumption of cinnamon will continue to remain high among patients with type II diabetes in the global market.
Demand for cinnamon will also remain bounded by increasing demand for healthy food products. Customers increasingly prefer food products that enable the end users to lower their cholesterol level. Attributed to various health benefits, cinnamon continue to witness significant demand in the bakery products, sweets and chocolate dishes. Surge in consumption of cinnamon in the food and beverage industry is projected to contribute towards the global market growth.
Manufacturers in the cosmetic industry are also increasingly opting for cinnamon during the production of various cosmetic products. Application of cinnamon in the cosmetic products enables the end users to heal dermal problems such as acne, pimples and eczema. Increasing demand for dermal and facial cosmetic products has revved up demand for cinnamon among the cosmetic manufacturers globally. Cinnamon continues to witness significant demand in the treatment solution for hair growth, face scrubs and face masks. Bound to these factors, the global market growth of cinnamon is projected to gain momentum during the forecast period.
Sales to Remain High through Bakery Application
As the need to improve the immunity arises, consumption of the cassia cinnamon continues to remain high globally. Based on product type, the cassia segment is projected to witness the highest growth in terms of revenue, recording for more than US$ 600 Mn by 2026-end. In contrary to this, the saigon product type segment is projected to reflect the highest CAGR during the forecast period. In terms of revenue, the quills form segment is projected to represent the highest growth, represent a value of more than US$ 200 Mn by 2017-end. On the other hand, the powder form segment is projected to reflect significant CAGR through 2026.
By the end of 2026, the bakery application type segment is projected to reflect the highest CAGR. However, the culinary uses application type segment is projected to witness significant growth in terms of revenue, accounting for more than US$ 500 Mn during the forecast period. On the basis of distribution channel, the online channels segment is projected to reflect a robust CAGR throughout the forecast period. The modern trade distribution channel segment is projected to witness the robust growth in terms of revenue, recording more than US$ 200 Mn by 2017-end.
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Table of Content
Chapter 1 Global Economic Outlook
Chapter 2 Global Cinnamon Market - Executive Summary
Chapter 3 Global Cinnamon Market Overview
3.1 Introduction
3.1.1 Global Cinnamon Market Taxonomy
3.1.2 Global Cinnamon Market Definition
3.2 Global Cinnamon Market Size (US$ Mn) and Forecast, 2012-2026
3.2.1 Global Cinnamon Market Y-o-Y Growth
3.3 Global Cinnamon Market Dynamics
3.4 Cinnamon Production Data
3.5 Cost Structure
3.6 Pricing Analysis
3.7 Cinnamon Export Analysis
3.8 Cinnamon Import Analysis
3.9 Global Herbs and Spice Market
3.10 Global Fair Trade Snapshot
3.11 Value Chain Analysis
3.12 Forecast Factors
3.13 Product Life Cycle
3.14 PESTLE Analysis
3.15 Regulatory Framework
3.16 Porter’s Five Forces Analysis
3.17 List of Distributors
3.18 Key Participants Market Presence (Intensity Map) By Region
Chapter 4 Global Cinnamon Market Analysis and Forecast 2012-2026
4.1 Global Cinnamon Market Size and Forecast By Product Type, 2012-2026
Chapter 5 North America Cinnamon Market Size and Forecast, 2012-2026
5.1 North America Market Outlook
5.2 North America Food & Beverage Market
5.3 North America Cinnamon Market Size and Forecast, 2017-2022
5.3.1 Revenue (US$ Mn) Comparison, By Country
5.3.2 Revenue (US$ Mn) Comparison, By Product Type
5.3.3 Revenue (US$ Mn) Comparison, By Form
5.3.4 Revenue (US$ Mn) Comparison, By Application Type
5.3.5 Revenue (US$ Mn) Comparison, By Distribution Channel
Chapter 6 Latin America Cinnamon Market Size and Forecast, 2012-2026
6.1 Latin America Outlook
6.2 Latin America Food & Beverage Market
6.3 Latin America Cinnamon Market Size and Forecast, 2017-2022
6.3.1 Revenue (US$ Mn) Comparison, By Country
6.3.2 Revenue (US$ Mn) Comparison, By Product Type
6.3.3 Revenue (US$ Mn) Comparison, By Form
6.3.4 Revenue (US$ Mn) Comparison, By Application Type
6.3.5 Revenue (US$ Mn) Comparison, By Distribution Channel
Chapter 7 Europe Cinnamon Market Size and Forecast, 2012-2026
7.1 Europe Outlook
7.2 Europe Food & Beverage Market
7.3 Europe Cinnamon Market Size and Forecast, 2017-2022
7.3.1 Revenue (US$ Mn) Comparison, By Country
7.3.2 Revenue (US$ Mn) Comparison, By Product Type
7.3.3 Revenue (US$ Mn) Comparison, By Form
7.3.4 Revenue (US$ Mn) Comparison, By Application Type
7.3.5 Revenue (US$ Mn) Comparison, By Distribution Channel
Chapter 8 Japan Cinnamon Market Size and Forecast, 2012-2026
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