Cinnamon Market
Cinnamon Market By Nature (Organic Conventional), By Type (Ceylon Cinnamon, Korintje Cinnamon, Cassia Cinnamon, Saigon Cinnamon), By Form (Whole, Extract), By Distribution Channel (Business-to-Business, Business-to-Consumer), By Application (Residential, Commercial), and By Region - Global Market Report (2024 to 2034)
Analysis of Cinnamon Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Cinnamon Market Outlook (2024 to 2034)
The global cinnamon market is estimated to account for US$ 1.02 billion in 2024 and is forecasted to reach a valuation of US$ 1.89 billion by 2034-end. The market is forecasted to expand rapidly at 6.4% CAGR from 2024 to 2034.
Cinnamon consumption is expected to increase significantly in the coming years, primarily driven by the growing demand for healthy ingredients that also enhance the flavor of food. The rising globalization and growing popularity of diverse cuisines worldwide are also anticipated to play a significant role in driving the consumption of cinnamon.
Growing use of dry spices and herbs in different food products and increasing awareness regarding the benefits of cinnamon consumption are also set to expand the global cinnamon market. Increasing use of cinnamon extract in the formulation of cosmetics and personal care products is projected to open up lucrative opportunities for cinnamon suppliers through 2034.
- In March 2023, Starbucks, a leading chain of coffeehouses, announced the launch of a new cinnamon-based brew in all its stores. Cinnamon Caramel Cream Nitro Cold Brew comes with a topping of cinnamon sweet cream cold foam and has the flavor of caramel and cinnamon.
Demand growth for cinnamon is projected to be impeded by fluctuations in the supply chain and climate change over the coming years. Rain is essential to growing cinnamon in any part of the world, and variations in rainfall patterns due to climate change can inhibit cinnamon production in the future. The increasing availability of cinnamon alternatives is also projected to impede cinnamon market growth across the study period and beyond.
| Report Attributes | Details |
|---|---|
| Cinnamon Market Size (2024E) | US$ 1.02 Billion |
| Projected Market Value (2034F) | US$ 1.89 Billion |
| Global Market Growth Rate (2024 to 2034) | 6.4% CAGR |
| North America Market Value (2024E) | US$ 180.8 Million |
| East Asia Market Growth Rate (2024 to 2034) | 7% CAGR |
| Japan Share in East Asia Market (2034F) | 15.9% |
| United States Market Value (2024E) | US$ 133.4 Million |
| Key Companies Profiled |
|
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What’s Expected to Catapult Cinnamon Sales Going Forward?
“Demand for Clean Label and Organic Ingredients and Growing Focus on Preventive Healthcare”
The world has become increasingly aware of what they consume in light of the growing incidence of chronic diseases and the rising focus on preventive healthcare. People are now opting for products with ingredients that are completely organic and free from any synthetic materials or chemicals, which is projected to boost cinnamon demand as well. Demand for organic cinnamon is increasing on a global level, and this is providing new opportunities for cinnamon distributors.
- In September 2021, Himachal Pradesh became the first state in India to have an organized organic cinnamon plantation. The effort was made by the Council of Scientific and Industrial Research (CSIR) as they realized that most Indians were consuming substandard cinnamon.
Fact.MR, a market research and competitive intelligence provider, in this latest report, gives a detailed analysis of the cinnamon market with factors such as local supply, pricing trends, product standards, safety regulations, and new developments, affecting market growth.
Why is the South Asia & Oceania a Lucrative Market for Cinnamon Companies?
“Extensive Use of Cinnamon as Staple Spice in Regional Cuisines”
The South Asia and Oceania region is home to some of the most prominent countries that lead global cinnamon production. Sri Lanka, Indonesia, and Vietnam are the top countries in this region that provide cinnamon to the world and account for a significant amount of global cinnamon exports.
Countries in this region are also some of the most significant consumers of cinnamon, as it is a staple spice used in multiple cuisines, such as Indian, Indonesian, and Sri Lankan. Growing use of cinnamon in different industry verticals in this region is also projected to be a key cinnamon market trend to watch out for in South Asia & Oceania over the next 10 years.
Worsening economic conditions in Sri Lanka have significantly impacted the cinnamon farming industry in the country, and this is projected to have serious repercussions for international cinnamon demand and supply since Sri Lanka is a major player in the global cinnamon export business.
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Country -wise Insights
Apart from South Asia & Oceania, cinnamon providers can focus on countries such as Mexico, China, the United States, the United Kingdom, France, and Saudi Arabia to strengthen their stance in the global marketplace.
Which North American Country Should Cinnamon Suppliers Target?
“Market Benefitting from Increasing Preference for Ceylon Cinnamon in Mexico”
| Attribute | Mexico |
|---|---|
| Market Value (2024E) | US$ 15.7 Million |
| Growth Rate (2024 to 2034) | 8% CAGR |
| Projected Value (2034F) | US$ 33.8 Million |
Cinnamon is extensively utilized in Mexican cuisine, finding its way into nearly all dishes in some form or another. This substantial integration of cinnamon into Mexican culinary traditions presents lucrative prospects for cinnamon companies operating within the country. In Mexico, the preferred variety of cinnamon is Ceylon cinnamon, which is mainly imported from Sri Lanka, its country of origin. In Mexico, Ceylon cinnamon is alternatively referred to as true cinnamon or Mexican cinnamon.
Why Should Cinnamon Manufacturers Invest in China?
“High Demand for Traditional Medicine Containing Cinnamon”
| Attribute | China |
|---|---|
| Market Value (2024E) | US$ 205.8 Million |
| Growth Rate (2024 to 2034) | 6.8% CAGR |
| Projected Value (2034F) | US$ 397.7 Million |
China is a leading exporter of cinnamon, and this is what primarily makes it an attractive space for cinnamon producers. The cultural significance of cinnamon, high cinnamon use in culinary applications, and growing demand for traditional medicine are other key cinnamon market trends that could create opportunities in China through 2034. The robust growth of the food processing industry in China is also estimated to uplift the demand for seasonings and spices in the future, which could subsequently benefit cinnamon shipments as well.
Category-wise Insights
Cinnamon providers are focusing on providing Ceylon and Cassia cinnamon for commercial applications to maximize their sales and revenue generation potential on a global scale.
Which Type of Cinnamon Accounts for Higher Sales?
“Ceylon and Cassia Cinnamon Collectively Leading Global Sales Due to Their Potent Flavor”
| Attribute | Ceylon Cinnamon & Cassia Cinnamon |
|---|---|
| Segment Value (2024E) | US$ 523 Million |
| Growth Rate (2024 to 2034) | 6.2% CAGR |
| Projected Value (2034F) | US$ 958 Million |
Ceylon cinnamon is extensively used by people all over the world owing to its superior taste as compared to other varieties of cinnamon. The low concentration of Coumarin, a compound associated with liver damage, in this cinnamon variety is what drives its popularity. This variety is especially being consumed at large in Mexico as it is used extensively in different Mexican food preparations. Ceylon cinnamon is native to Sri Lanka and the majority of it comes from the same.
Cassia cinnamon is also being extensively used across the world owing to its inexpensive nature as compared to other types of cinnamon. Cassia cinnamon is extensively utilized in several commercial applications owing to its cost-effective nature and potent flavor.
What is the Primary Application of Cinnamon?
“Widespread Use of Cinnamon in Commercial Food Preparation”
| Attribute | Commercial |
|---|---|
| Segment Value (2024E) | US$ 710 Million |
| Growth Rate (2024 to 2034) | 6.5% CAGR |
| Projected Value (2034F) | US$ 1.33 Billion |
Growing use of cinnamon in the formulation of different food products, beverages, pharmaceuticals, and dietary supplements is projected to uplift its demand for commercial applications in the future. Rising awareness regarding the benefits of cinnamon consumption among consumers and the growing incorporation of natural ingredients in different food products are also projected to favor cinnamon sales for commercial applications going forward.
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Competitive landscape highlights only certain players
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Competitive Landscape
Cinnamon suppliers are focusing on capitalizing on the growing popularity of cinnamon-flavored food products to improve their sales in the future.
- In April 2022, Krispy Kreme, a renowned American coffeehouse chain known for its doughnuts, announced that it had collaborated with Cinnamon Toast Crunch to create a new Cinnamon Milk Glazed doughnut collection. The collection was available at select Krispy Kreme stores in the United States for a limited period.
Key Segments of Cinnamon Market Research
-
By Type:
- Cassia Cinnamon
- Ceylon Cinnamon
- Saigon Cinnamon
- Korintje Cinnamon
-
By Application:
- Residential
- Commercial
-
By Nature:
- Organic
- Conventional
-
By Form:
- Whole
- Extract
- Powder
- Oil
-
By Distribution Channel:
- Business-to-Business
- Business-to-Consumer
-
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- Middle East & Africa
Table of Content
1. Executive Summary 1.1. Global Market Outlook 1.2. Demand Side Trends 1.3. Supply Side Trends 1.4. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Key Market Trends 3.1. Key Trends Impacting the Market 3.2. Type Innovation / Development Trends 4. Market Background 4.1. Macro-Economic Factors 4.1.1. Rise in Expenditure 4.1.2. Increased Per Capita Expenditure 4.2. Forecast Factors - Relevance & Impact 4.2.1. Type in Pipeline 4.2.2. Regulatory Scenario 4.2.3. Mergers and Acquisitions 4.2.4. Collaborative Agreements 4.2.5. Value Chain 4.3. Market Dynamics 4.3.1. Drivers 4.3.2. Restraints 4.3.3. Opportunity Analysis 4.4. COVID19 Crisis Analysis 4.4.1. Current COVID19 Statistics and Probable Future Impact 4.4.2. Current GDP Projection and Probable Impact 4.4.3. Current Economic Projection as Compared to 2008 Economic analysis 4.4.4. COVID19 and Impact Analysis 4.4.4.1. Revenue By Type 4.4.4.2. Revenue By Application 4.4.4.3. Revenue By Nature 4.4.4.4. Revenue By Distribution Channel 4.4.4.5. Revenue By Form 4.4.4.6. Revenue By Country 4.4.5. 2020 Market Scenario 4.4.6. Quarter by Quarter Forecast 4.4.7. Projected Recovery Quarter 4.4.8. Recovery Scenario – Short term, Midterm and Long Term Impact 5. Market Context 5.1. Adoption and Usage Analysis 5.2. Market Evolution 5.3. Type Vs Application Matrix 5.4. Regulatory Scenario 5.5. Parent Market Analysis 5.6. Key Promotional Strategies by Market Players 6. Global Market - Pricing Analysis 6.1. Regional Pricing Analysis By Type 6.2. Pricing Break-up 6.2.1. Manufacturer Level Pricing 6.2.2. Distributor Level Pricing 6.3. Global Average Pricing Analysis Benchmark 7. Global Market Value Analysis 2018 to 2023 and Forecast, 2024 to 2034 7.1. Historical Market Value (US$ Mn) Analysis, 2018 to 2023 7.2. Current and Future Market Value (US$ Mn) Projections, 2024 to 2034 7.2.1. Y-o-Y Growth Trend Analysis 7.2.2. Absolute $ Opportunity Analysis 8. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, By Type 8.1. Introduction / Key Findings 8.2. Historical Market Distribution Channel (US$ Mn) Analysis By Type, 2018 to 2023 8.3. Current and Future Market Distribution Channel (US$ Mn) Analysis and Forecast By Type, 2024 to 2034 8.3.1. Cassia Cinnamon 8.3.2. Ceylon Cinnamon 8.3.3. Saigon Cinnamon 8.3.4. Korintje Cinnamon 8.4. Market Attractiveness Analysis By Type 9. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, by Nature 9.1. Introduction / Key Findings Nature Distribution Channel, 2018 to 2023 9.2. Current and Future Market Distribution Channel (US$ Mn) Analysis and Forecast By Nature, 2024 to 2034 9.2.1. Organic 9.2.2. Conventional 9.3. Market Attractiveness Analysis By Nature 10. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, by Application 10.1. Introduction / Key Findings Application Distribution Channel, 2018 to 2023 10.2. Current and Future Market Distribution Channel (US$ Mn) Analysis and Forecast By Application, 2024 to 2034 10.2.1. Residential 10.2.2. Commercial 10.3. Market Attractiveness Analysis By Application 11. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, by Distribution Channel 11.1. Introduction / Key Findings Distribution Channel, 2018 to 2023 11.2. Current and Future Market Distribution Channel (US$ Mn) Analysis and Forecast By Distribution Channel, 2024 to 2034 11.2.1. Business-to-Business 11.2.2. Business-to-Consumer 11.3. Market Attractiveness Analysis By Distribution Channel 12. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, by Form 12.1. Introduction / Key Findings 12.2. Historical Market Distribution Channel (US$ Mn) Analysis By Form, 2018 to 2023 12.3. Current and Future Market Distribution Channel (US$ Mn) Analysis and Forecast By Form, 2024 to 2034 12.3.1. Whole 12.3.2. Extract 12.4. Market Attractiveness Analysis By Form 13. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, by Region 13.1. Introduction 13.2. Historical Market Distribution Channel (US$ Mn) Analysis By Region, 2018 to 2023 13.3. Current Market Distribution Channel (US$ Mn) Analysis and Forecast By Region, 2024 to 2034 13.3.1. North America 13.3.2. Latin America 13.3.3. Europe 13.3.4. East Asia 13.3.5. South Asia 13.3.6. Oceania 13.3.7. Middle East and Africa (MEA) 13.4. Market Attractiveness Analysis By Region 14. North America Market Analysis 2018 to 2023 and Forecast 2024 to 2034 14.1. Introduction 14.2. Historical Market Distribution Channel (US$ Mn) Trend Analysis By Market Taxonomy, 2018 to 2023 14.3. Market Distribution Channel (US$ Mn) Forecast By Market Taxonomy, 2024 to 2034 14.3.1. By Country 14.3.1.1. United States 14.3.1.2. Canada 14.3.2. By Type 14.3.3. By Nature 14.3.4. By Application 14.3.5. By Distribution Channel 14.3.6. By Form 14.4. Market Attractiveness Analysis 14.5. Market Trends 14.6. Key Market Participants - Intensity Mapping 14.7. Drivers and Restraints - Impact Analysis 15. Europe Market Analysis 2018 to 2023 and Forecast 2024 to 2034 15.1. Introduction 15.2. Historical Market Distribution Channel (US$ Mn) Trend Analysis By Market Taxonomy, 2018 to 2023 15.3. Market Distribution Channel (US$ Mn) Forecast By Market Taxonomy, 2024 to 2034 15.3.1. By Country 15.3.1.1. Germany 15.3.1.2. Italy 15.3.1.3. France 15.3.1.4. United Kingdom 15.3.1.5. Spain 15.3.1.6. Rest of Europe 15.3.2. By Type 15.3.3. By Nature 15.3.4. By Application 15.3.5. By Distribution Channel 15.3.6. By Form 15.4. Market Attractiveness Analysis 15.5. Market Trends 15.6. Key Market Participants - Intensity Mapping 15.7. Drivers and Restraints - Impact Analysis 16. Middle East and Africa Market Analysis 2018 to 2023 and Forecast 2024 to 2034 16.1. Introduction 16.2. Historical Market Distribution Channel (US$ Mn) Trend Analysis By Market Taxonomy, 2018 to 2023 16.3. Market Distribution Channel (US$ Mn) Forecast By Market Taxonomy, 2024 to 2034 16.3.1. By Country 16.3.1.1. GCC Countries 16.3.1.2. South Africa 16.3.1.3. Rest of Middle East and Africa 16.3.2. By Type 16.3.3. By Nature 16.3.4. By Application 16.3.5. By Distribution Channel 16.3.6. By Form 16.4. Market Attractiveness Analysis 16.5. Market Trends 16.6. Key Market Participants - Intensity Mapping 16.7. Drivers and Restraints - Impact Analysis 17. Rest of the World Market Analysis 2018 to 2023 and Forecast 2024 to 2034 17.1. Introduction 17.2. Historical Market Distribution Channel (US$ Mn) Trend Analysis By Market Taxonomy, 2018 to 2023 17.3. Market Distribution Channel (US$ Mn) Forecast By Market Taxonomy, 2024 to 2034 17.3.1. By Type 17.3.2. By Nature 17.3.3. By Application 17.3.4. By Distribution Channel 17.3.5. By Form 17.4. Market Attractiveness Analysis 17.5. Market Trends 17.6. Key Market Participants - Intensity Mapping 17.7. Drivers and Restraints - Impact Analysis 18. Key and Emerging Countries Market Analysis 2018 to 2023 and Forecast 2024 to 2034 18.1. Introduction 18.1.1. Market Value Proportion Analysis, By Key Countries 18.1.2. Global Vs. Country Growth Comparison 18.2. United States Market Analysis 18.2.1. By Type 18.2.2. By Nature 18.2.3. By Application 18.2.4. By Distribution Channel 18.2.5. By Form 18.3. Canada Market Analysis 18.3.1. By Type 18.3.2. By Nature 18.3.3. By Application 18.3.4. By Distribution Channel 18.3.5. By Form 18.4. United Kingdom Market Analysis 18.4.1. By Type 18.4.2. By Nature 18.4.3. By Application 18.4.4. By Distribution Channel 18.4.5. By Form 18.5. Germany Market Analysis 18.5.1. By Type 18.5.2. By Nature 18.5.3. By Application 18.5.4. By Distribution Channel 18.5.5. By Form 18.6. France Market Analysis 18.6.1. By Type 18.6.2. By Nature 18.6.3. By Application 18.6.4. By Distribution Channel 18.6.5. By Form 18.7. Italy Market Analysis 18.7.1. By Type 18.7.2. By Nature 18.7.3. By Application 18.7.4. By Distribution Channel 18.7.5. By Form 18.8. Spain Market Analysis 18.8.1. By Type 18.8.2. By Nature 18.8.3. By Application 18.8.4. By Distribution Channel 18.8.5. By Form 18.8.6. By Form 18.9. GCC Countries Market Analysis 18.9.1. By Type 18.9.2. By Nature 18.9.3. By Application 18.9.4. By Distribution Channel 18.9.5. By Form 18.10. South Africa Market Analysis 18.10.1. By Type 18.10.2. By Nature 18.10.3. By Application 18.10.4. By Distribution Channel 18.10.5. By Form 19. Market Structure Analysis 19.1. Market Analysis by Tier of Companies 19.2. Market Concentration 19.3. Market Share Analysis of Top Players 19.4. Market Presence Analysis 19.4.1. By Regional footprint of Players 19.4.2. Type foot print by Players 19.4.3. Channel Foot Print by Players 20. Competition Analysis 20.1. Competition Dashboard 20.2. Competition Benchmarking 20.3. Competition Deep Dive 20.3.1. Risun Bio-Tech Inc. 20.3.1.1. Overview 20.3.1.2. Type Portfolio 20.3.1.3. Analyst Commentary 20.3.1.4. Key Financials 20.3.1.5. Recent Developments 20.3.1.6. Sales Footprint 20.3.1.7. Strategy Overview 20.3.1.7.1. Marketing Strategy 20.3.1.7.2. Type Strategy 20.3.1.7.3. Channel Strategy 20.3.2. Cinnatopia 20.3.3. Monterey Bay Spice Company 20.3.4. The Organic Cinnamon 20.3.5. Ceylon Spice Company 20.3.6. Elite Spice 20.3.7. Natural Spices of Grenada 20.3.8. McCormick & Company 20.3.9. Lemur International Inc. 20.3.10. New Lanka Pvt. Ltd. 20.3.11. G.P. de Silva & Sons International (Pvt.) Ltd. 20.3.12. FutureCeuticals 20.3.13. Kahawatte Plantations PLC 20.3.14. High Plains Spice Company 20.3.15. Great American Spice Co. 21. Assumptions and Acronyms Used 22. Research Methodology
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List Of Table
Table 01: Global Market Distribution Channel (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Type
Table 02: Global Market Distribution Channel (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Nature
Table 03: Global Market Distribution Channel (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Application
Table 04: Global Market Distribution Channel (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Distribution Channel
Table 05: Global Market Distribution Channel (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Form
Table 06: Global Market Distribution Channel (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Distribution Channel Age Group
Table 07: Global Market Distribution Channel (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Region
Table 08: North America Market Distribution Channel (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Country
Table 09: North America Market Distribution Channel (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Type
Table 10: North America Market Distribution Channel (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Application
Table 11: North America Market Distribution Channel (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Nature
Table 12: North America Market Distribution Channel (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Distribution Channel
Table 13: North America Market Distribution Channel (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Form
Table 14: Europe Market Distribution Channel (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Country
Table 15: Europe Market Distribution Channel (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Type
Table 16: Europe Market Distribution Channel (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Application
Table 17: Europe Market Distribution Channel (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Nature
Table 18: Europe Market Distribution Channel (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Distribution Channel
Table 19: Europe Market Distribution Channel (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Form
Table 20: Middle East and Africa Market Distribution Channel (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Country
Table 21: Middle East and Africa Market Distribution Channel (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Type
Table 22: Middle East and Africa Market Distribution Channel (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Application
Table 23: Middle East and Africa Market Distribution Channel (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Nature
Table 24: Middle East and Africa Market Distribution Channel (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Distribution Channel
Table 25: Middle East and Africa Market Distribution Channel (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Form
Table 26: Rest of the World Market Distribution Channel (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Type
Table 27: Rest of the World Market Distribution Channel (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Application
Table 28: Rest of the World Market Distribution Channel (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Nature
Table 29: Rest of the World Market Distribution Channel (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Distribution Channel
Table 30: Rest of the World Market Distribution Channel (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Form
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List Of Figures
Figure 01: Global Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034
Figure 02: Global Market Absolute $ Opportunity, 2024 to 2034
Figure 03: Global Market Share Analysis (%), By Type, 2024 & 2034
Figure 04: Global Market Y-o-Y Analysis (%), By Type, 2024 to 2034
Figure 05: Global Market Attractiveness Analysis By Type, 2024 to 2034
Figure 06: Global Market Share Analysis (%), By Nature, 2024 & 2034
Figure 07: Global Market Y-o-Y Analysis (%), By Nature, 2024 to 2034
Figure 08: Global Market Attractiveness Analysis By Nature, 2024 to 2034
Figure 09: Global Market Share Analysis (%), By Application, 2024 & 2034
Figure 10: Global Market Y-o-Y Analysis (%), By Application, 2024 to 2034
Figure 11: Global Market Attractiveness Analysis By Application, 2024 to 2034
Figure 12: Global Market Share Analysis (%), By Distribution Channel, 2024 & 2034
Figure 13: Global Market Y-o-Y Analysis (%), By Distribution Channel, 2024 to 2034
Figure 14: Global Market Attractiveness Analysis By Distribution Channel, 2024 to 2034
Figure 15: Global Market Share Analysis (%), By Form, 2024 & 2034
Figure 16: Global Market Y-o-Y Analysis (%), By Form , 2024 to 2034
Figure 17: Global Market Attractiveness Analysis, By Form, 2024 to 2034
Figure 18: Global Market Share Analysis (%), By Distribution Channel Age Group, 2024 & 2034
Figure 19: Global Market Y-o-Y Analysis (%), By Distribution Channel Age Group, 2024 to 2034
Figure 20: Global Market Attractiveness Analysis By Distribution Channel Age Group, 2024 to 2034
Figure 21: Global Market Share Analysis (%), By Region, 2024 & 2034
Figure 22: Global Market Y-o-Y Analysis (%), By Region, 2024 to 2034
Figure 23: Global Market Attractiveness Analysis, By Region, 2024 to 2034
Figure 24: North America Market Value Share, By Type, 2024 (E)
Figure 25: North America Market Value Share, By Applications 2024 (E)
Figure 26: North America Market Value Share, By Nature, 2024 (E)
Figure 27: North America Market Value Share, By Distribution Channel, 2024 (E)
Figure 28: North America Market Value Share, By Form, 2024 (E)
Figure 29: North America Market Value Share, By Country, 2024 (E)
Figure 30: North America Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034
Figure 31: North America Market Attractiveness Analysis By Type, 2024 to 2034
Figure 32: North America Market Attractiveness Analysis By Application, 2024 to 2034
Figure 33: North America Market Attractiveness Analysis By Nature, 2024 to 2034
Figure 34: North America Market Attractiveness Analysis By Distribution Channel, 2024 to 2034
Figure 35: North America Market Attractiveness Analysis By Form, 2024 to 2034
Figure 36: North America Market Attractiveness Analysis By Country, 2024 to 2034
Figure 37: Europe Market Value Share, By Type, 2024 (E)
Figure 38: Europe Market Value Share, By Applications 2024 (E)
Figure 39: Europe Market Value Share, By Nature, 2024 (E)
Figure 40: Europe Market Value Share, By Distribution Channel, 2024 (E)
Figure 41: Europe Market Value Share, By Form, 2024 (E)
Figure 42: Europe Market Value Share, By Country, 2024 (E)
Figure 43: Europe Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034
Figure 44: Europe Market Attractiveness Analysis By Type, 2024 to 2034
Figure 45: Europe Market Attractiveness Analysis By Application, 2024 to 2034
Figure 46: Europe Market Attractiveness Analysis By Nature, 2024 to 2034
Figure 47: Europe Market Attractiveness Analysis By Distribution Channel, 2024 to 2034
Figure 48: Europe Market Attractiveness Analysis By Nature, 2024 to 2034
Figure 49: Europe Market Attractiveness Analysis By Country, 2024 to 2034
Figure 50: Middle East and Africa Market Value Share, By Type, 2024 (E)
Figure 51: Middle East and Africa Market Value Share, By Application, 2024 (E)
Figure 52: Middle East and Africa Market Value Share, By Nature, 2024 (E)
Figure 53: Middle East and Africa Market Value Share, By Distribution Channel, 2024 (E)
Figure 54: Middle East and Africa Market Value Share, By Form, 2024 (E)
Figure 55: Middle East and Africa Market Value Share, By Country, 2024 (E)
Figure 56: Middle East and Africa Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034
Figure 57: Middle East and Africa Market Attractiveness Analysis By Type, 2024 to 2034
Figure 58: Middle East and Africa Market Attractiveness Analysis By Application, 2024 to 2034
Figure 59: Middle East and Africa Market Attractiveness Analysis By Nature, 2024 to 2034
Figure 60: Middle East and Africa Market Attractiveness Analysis By Distribution Channel, 2024 to 2034
Figure 61: Middle East and Africa Market Attractiveness Analysis By Form, 2024 to 2034
Figure 62: Middle East and Africa Market Attractiveness Analysis By Country, 2024 to 2034
Figure 63: Rest of the World Market Value Share, By Type, 2024 (E)
Figure 64: Rest of the World Market Value Share, By Applications 2024 (E)
Figure 65: Rest of the World Market Value Share, By Nature, 2024 (E)
Figure 66: Rest of the World Market Value Share, By Distribution Channel, 2024 (E)
Figure 67: Rest of the World Market Value Share, By Form, 2024 (E)
Figure 68: Rest of the World Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034
Figure 69: Rest of the World Market Attractiveness Analysis By Type, 2024 to 2034
Figure 70: Rest of the World Market Attractiveness Analysis By Application, 2024 to 2034
Figure 71: Rest of the World Market Attractiveness Analysis By Nature, 2024 to 2034
Figure 72: Rest of the World Market Attractiveness Analysis By Distribution Channel, 2024 to 2034
Figure 73: Rest of the World Market Attractiveness Analysis By Form, 2024 to 2034
Figure 74: United States Market Value Share, By Type, 2024 & 2034
Figure 75: United States Market Value Share, By Application, 2024 & 2034
Figure 76: United States Market Value Share, By Nature, 2024 & 2034
Figure 77: United States Market Value Share, By Distribution Channel Age Group, 2024 & 2034
Figure 78: United States Market Value Share, By Form, 2024 & 2034
Figure 79: United States Market Value Analysis (US$ Mn), 2024 & 2034
Figure 80: Canada Market Value Share, By Type, 2024 & 2034
Figure 81: Canada Market Value Share, By Application, 2024 & 2034
Figure 82: Canada Market Value Share, By Nature, 2024 & 2034
Figure 83: Canada Market Value Share, By Distribution Channel Age Group, 2024 & 2034
Figure 84: Canada Market Value Share, By Form, 2024 & 2034
Figure 85: Canada Market Value Analysis (US$ Mn), 2024 & 2034
Figure 86: United Kingdom Market Value Share, By Type, 2024 & 2034
Figure 87: United Kingdom Market Value Share, By Application, 2024 & 2034
Figure 88: United Kingdom Market Value Share, By Nature, 2024 & 2034
Figure 89: United Kingdom Market Value Share, By Distribution Channel Age Group, 2024 & 2034
Figure 90: United Kingdom Market Value Share, By Form, 2024 & 2034
Figure 91: United Kingdom Market Value Analysis (US$ Mn), 2024 & 2034
Figure 92: Germany Market Value Share, By Type, 2024 & 2034
Figure 93: Germany Market Value Share, By Application, 2024 & 2034
Figure 94: Germany Market Value Share, By Nature, 2024 & 2034
Figure 95: Germany Market Value Share, By Distribution Channel Age Group, 2024 & 2034
Figure 96: Germany Market Value Share, By Form, 2024 & 2034
Figure 97: Germany Market Value Analysis (US$ Mn), 2024 & 2034
Figure 98: France Market Value Share, By Type, 2024 & 2034
Figure 99: France Market Value Share, By Application, 2024 & 2034
Figure 100: France Market Value Share, By Nature, 2024 & 2034
Figure 101: France. Market Value Share, By Distribution Channel Age Group, 2024 & 2034
Figure 102: France Market Value Share, By Form, 2024 & 2034
Figure 103: France Market Value Analysis (US$ Mn), 2024 & 2034
Figure 104: Italy Market Value Share, By Type, 2024 & 2034
Figure 105: Italy Market Value Share, By Application, 2024 & 2034
Figure 106: Italy Market Value Share, By Nature, 2024 & 2034
Figure 107: Italy Market Value Share, By Distribution Channel Age Group, 2024 & 2034
Figure 108: Italy Market Value Share, By Form, 2024 & 2034
Figure 109: Italy Market Value Analysis (US$ Mn), 2024 & 2034
Figure 110: Spain Market Value Share, By Type, 2024 & 2034
Figure 111: Spain Market Value Share, By Application, 2024 & 2034
Figure 112: Spain Market Value Share, By Nature, 2024 & 2034
Figure 113: Spain Market Value Share, By Distribution Channel Age Group, 2024 & 2034
Figure 114: Spain Market Value Share, By Form, 2024 & 2034
Figure 115: Spain Market Value Analysis (US$ Mn), 2024 & 2034
Figure 116: GCC Countries. Market Value Share, By Type, 2024 & 2034
Figure 117: GCC Countries Market Value Share, By Application, 2024 & 2034
Figure 118: GCC Countries Market Value Share, By Nature, 2024 & 2034
Figure 119: GCC Countries Market Value Share, By Distribution Channel, 2024 & 2034
Figure 120: GCC Countries Market Value Share, By Form, 2024 & 2034
Figure 121: GCC Countries Market Value Analysis (US$ Mn), 2024 & 2034
Figure 122: South Africa Market Value Share, By Type, 2024 & 2034
Figure 123: South Africa Market Value Share, By Application, 2024 & 2034
Figure 124: South Africa Market Value Share, By Nature, 2024 & 2034
Figure 125: South Africa Market Value Share, By Distribution Channel Age Group, 2024 & 2034
Figure 126: South Africa Market Value Share, By Form, 2024 & 2034
Figure 127: South Africa Market Value Analysis (US$ Mn), 2024 & 2034
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- FAQs -
How big is the cinnamon market in 2024?
The global cinnamon market is estimated to be valued at US$ 1.02 billion in 2024.
What is the projected sales value of cinnamon for 2034?
Worldwide sales of cinnamon are forecasted to reach US$ 1.89 billion by 2034-end.
At what rate is the global market foreseen to expand?
The market for cinnamon is projected to advance at 6.4% CAGR through 2034.
Where does the United States get most of its cinnamon from?
Most of the United States' cinnamon supply is imported from Indonesia.
Who is the leading producer of cinnamon?
Indonesia accounts for a sizeable amount of cinnamon production on a global level.
Who are the top cinnamon suppliers?
Cinnatopia, Monterey Bay Spice Company, The Organic Cinnamon, Ceylon Spice Company, Elite Spice, and McCormick & Company are leading cinnamon manufacturers.
Cinnamon Market