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PUBLISHER: Fairfield Market Research | PRODUCT CODE: 1591720

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PUBLISHER: Fairfield Market Research | PRODUCT CODE: 1591720

Cinnamon Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031

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Description

Table of Contents

The global cinnamon market is anticipated to experience steady growth over the forecast period of 2024 to 2031. Driven by a compounded annual growth rate (CAGR) of 3.9%, the market is expected to increase in revenue from US$ 825.14 Mn to around US$ 1077 Mn by 2031. Factors such as the rising trend of organic food consumption, the increasing popularity of blended spices, and the expanding applications of cinnamon across various industries are contributing to this growth trajectory.

Cinnamon's distinct flavor profile has cemented its role as a popular spice in both culinary and health applications. Two primary types of cinnamon-Cinnamomum Zeylanicum (true cinnamon) and Cinnamomum Aromaticum (cassia)-are widely used in the food industry, though true cinnamon's popularity is growing due to its unique health benefits and lower coumarin content, a compound linked to potential health risks in high concentrations. As consumers become more health-conscious, demand for true cinnamon, which is predominantly grown in Sri Lanka, is projected to rise substantially.

Market Drivers

1.Blended Spices in Demand: As global consumers seek novel taste experiences, food manufacturers are increasingly incorporating cinnamon into spice blends alongside turmeric, black pepper, ginger, and chili. These blends offer enhanced flavor and multiple health benefits, such as antioxidant and anti-inflammatory properties.

2.Growing Preference for Organic Cinnamon: The organic trend has encouraged many to seek organic cinnamon options, which are produced without synthetic pesticides. As a result, the demand for organic cinnamon continues to rise, especially among health-focused consumers.

3.Increasing Demand for True Cinnamon: Known for its sweet and delicate flavor, true cinnamon is in growing demand across regions. With high antibacterial properties and minimal coumarin content, it is favored over cassia, especially in regions prioritizing high-quality and health-beneficial spices.

4.Rising Foodservice Industry Usage: The growth in foodservice industries, particularly in North America, Latin America, and Asia, is fostering higher consumption of cinnamon in foods such as cinnamon rolls, teas, and innovative culinary products.

Business Opportunity

The foodservice industry, spurred by increased disposable incomes and shifting consumer lifestyles, offers substantial opportunities for cinnamon producers and distributors. As restaurant dining continues to grow, particularly in developing economies, the demand for cinnamon-based products is likely to accelerate. Additionally, the cosmetic and personal care sectors present potential growth avenues for cinnamon oil, known for its therapeutic properties.

Region Analysis

1.North America and Latin America: These regions are expected to exhibit high growth, attributed to the popularity of cinnamon-infused products such as cinnamon rolls and cinnamon-flavored beverages. Additionally, Ceylon cinnamon is a sought-after imported spice in Latin America.

2.Asia Pacific: South Asia and East Asia continue to lead in both production and consumption, with countries like Indonesia, Sri Lanka, and India having long-standing culinary traditions of incorporating cinnamon. China also stands as a major producer and consumer, bolstering the region's dominance.

Challenges

The availability of substitutes such as cardamom, nutmeg, and pumpkin pie spice poses a significant challenge to cinnamon market growth. These substitutes, which provide similar flavors and health benefits, create a competitive landscape for cinnamon producers.

Competitive Analysis

The cinnamon market is competitive, with a mix of global and regional players holding approximately 40-45% market share. Key companies include:

  • McCormick & Company
  • Cinnatopia
  • G.P. de Silva & Sons International (Pvt) Ltd.
  • Ceylon Spice Company
  • Elite Spice
  • FutureCeuticals
  • Kahawatte Plantations PLC
  • High Plains Spice Company
  • Natural Spices of Grenada
  • Lemur International, Inc.
  • New Lanka Cinnamon Pvt. Ltd.
  • Great American Spice Co.
  • Risun Bio-Tech Inc.
  • Monterey Bay Spice Company
  • The Organic Cinnamon

Cinnamon Market Segmentation

The cinnamon market is segmented based on type, nature, form, end-use, distribution channel, and region:

By Type:

  • Ceylon Cinnamon
  • Korintje Cinnamon
  • Cassia Cinnamon
  • Saigon Cinnamon

By Nature:

  • Organic
  • Conventional

By Form:

  • Whole
  • Extract
    • Powder
    • Oil

By End Use:

  • Food Industry
    • Soups, Sauces, and Dressings
    • Snacks & Cereals
    • Bakery & Confectionery
    • Meat & Poultry
    • Others

By Distribution Channel:

  • Business to Business
    • Hypermarkets/Supermarkets
    • Convenience Stores
    • Specialty Retail
    • Online Retail
  • Business to Consumer

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia & Pacific
  • East Asia
  • Middle East & Africa
Show more

Table of Contents

1. Executive Summary

  • 1.1. Global Cinnamon Market Snapshot
  • 1.2. Future Projections
  • 1.3. Key Market Trends
  • 1.4. Regional Snapshot, by Value and Volume, 2024
  • 1.5. Analyst Recommendations

2. Market Overview

  • 2.1. Market Definitions and Segmentations
  • 2.2. Market Dynamics
    • 2.2.1. Drivers
    • 2.2.2. Restraints
    • 2.2.3. Market Opportunities
  • 2.3. Value Chain Analysis
  • 2.4. Porter's Five Forces Analysis
  • 2.5. COVID-19 Impact Analysis
    • 2.5.1. Supply
    • 2.5.2. Demand
  • 2.6. Impact of Ukraine-Russia Conflict
  • 2.7. Economic Overview
    • 2.7.1. World Economic Projections
  • 2.8. PESTLE Analysis

3. Price Analysis, 2018 - 2023

  • 3.1. Global Average Price Analysis by Type, 2018 - 2023
  • 3.2. Prominent Factor Affecting Cinnamon Prices
  • 3.3. Global Average Price Analysis by Region

4. Global Cinnamon Market Outlook, 2019-2031

  • 4.1. Global Cinnamon Market Outlook, by Type, Value (US$ Mn) and Volume (Tons), 2019-2031
    • 4.1.1. Key Highlights
      • 4.1.1.1. Ceylon Cinnamon
      • 4.1.1.2. Korintje Cinnamon
      • 4.1.1.3. Cassia Cinnamon
      • 4.1.1.4. Saigon Cinnamon
  • 4.2. Global Cinnamon Market Outlook, by Nature, Value (US$ Mn) and Volume (Tons), 2019-2031
    • 4.2.1. Key Highlights
      • 4.2.1.1. Organic
      • 4.2.1.2. Conventional
  • 4.3. Global Cinnamon Market Outlook, by Form, Value (US$ Mn) and Volume (Tons), 2019-2031
    • 4.3.1. Key Highlights
      • 4.3.1.1. Whole
      • 4.3.1.2. Extract
        • 4.3.1.2.1. Powder
        • 4.3.1.2.2. Oil
  • 4.4. Global Cinnamon Market Outlook, by End Use, Value (US$ Mn) and Volume (Tons), 2019-2031
    • 4.4.1. Key Highlights
      • 4.4.1.1. Food Industry
      • 4.4.1.2. Soups, Sauces, and Dressings
      • 4.4.1.3. Snacks & Cereals
      • 4.4.1.4. Bakery & Confectionery
      • 4.4.1.5. Meat & Poultry
      • 4.4.1.6. Others
  • 4.5. Global Cinnamon Market Outlook, by Distribution Channel, Value (US$ Mn) and Volume (Tons), 2019-2031
    • 4.5.1. Key Highlights
      • 4.5.1.1. Business to Business
      • 4.5.1.2. Hypermarkets/Supermarkets
      • 4.5.1.3. Convenience Stores
      • 4.5.1.4. Specialty Retail
      • 4.5.1.5. Online Retail
      • 4.5.1.6. Business to Consumer
  • 4.6. Global Cinnamon Market Outlook, by Region, Value (US$ Mn) and Volume (Tons), 2019-2031
    • 4.6.1. Key Highlights
      • 4.6.1.1. North America
      • 4.6.1.2. Europe
      • 4.6.1.3. Asia Pacific
      • 4.6.1.4. Latin America
      • 4.6.1.5. Middle East & Africa

5. North America Cinnamon Market Outlook, 2019-2031

  • 5.1. North America Cinnamon Market Outlook, by Type, Value (US$ Mn) and Volume (Tons), 2019-2031
    • 5.1.1. Key Highlights
      • 5.1.1.1. Ceylon Cinnamon
      • 5.1.1.2. Korintje Cinnamon
      • 5.1.1.3. Cassia Cinnamon
      • 5.1.1.4. Saigon Cinnamon
  • 5.2. North America Cinnamon Market Outlook, by Nature, Value (US$ Mn) and Volume (Tons), 2019-2031
    • 5.2.1. Key Highlights
      • 5.2.1.1. Organic
      • 5.2.1.2. Conventional
  • 5.3. North America Cinnamon Market Outlook, by Form, Value (US$ Mn) and Volume (Tons), 2019-2031
    • 5.3.1. Key Highlights
      • 5.3.1.1. Whole
      • 5.3.1.2. Extract
        • 5.3.1.2.1. Powder
        • 5.3.1.2.2. Oil
  • 5.4. North America Cinnamon Market Outlook, by End Use, Value (US$ Mn) and Volume (Tons), 2019-2031
    • 5.4.1. Key Highlights
      • 5.4.1.1. Food Industry
      • 5.4.1.2. Soups, Sauces, and Dressings
      • 5.4.1.3. Snacks & Cereals
      • 5.4.1.4. Bakery & Confectionery
      • 5.4.1.5. Meat & Poultry
      • 5.4.1.6. Others
  • 5.5. North America Cinnamon Market Outlook, by Distribution Channel, Value (US$ Mn) and Volume (Tons), 2019-2031
    • 5.5.1. Key Highlights
      • 5.5.1.1. Business to Business
        • 5.5.1.1.1. Hypermarkets/Supermarkets
        • 5.5.1.1.2. Convenience Stores
        • 5.5.1.1.3. Specialty Retail
        • 5.5.1.1.4. Online Retail
      • 5.5.1.2. Business to Consumer
    • 5.5.2. Attractiveness Analysis
  • 5.6. North America Cinnamon Market Outlook, by Country, Value (US$ Mn) and Volume (Tons), 2019-2031
    • 5.6.1. Key Highlights
      • 5.6.1.1. U.S. Cinnamon Market by Type, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 5.6.1.2. U.S. Cinnamon Market by Nature, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 5.6.1.3. U.S. Cinnamon Market by Form, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 5.6.1.4. U.S. Cinnamon Market by End Use, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 5.6.1.5. U.S. Cinnamon Market by Distribution Channel, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 5.6.1.6. Canada Cinnamon Market by Type, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 5.6.1.7. Canada Cinnamon Market by Nature, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 5.6.1.8. Canada Cinnamon Market by Form, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 5.6.1.9. Canada Cinnamon Market by End Use, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 5.6.1.10. Canada Cinnamon Market by Distribution Channel, Value (US$ Mn) and Volume (Tons), 2019-2031

6. Europe Cinnamon Market Outlook, 2019-2031

  • 6.1. Europe Cinnamon Market Outlook, by Type, Value (US$ Mn) and Volume (Tons), 2019-2031
    • 6.1.1. Key Highlights
      • 6.1.1.1. Ceylon Cinnamon
      • 6.1.1.2. Korintje Cinnamon
      • 6.1.1.3. Cassia Cinnamon
      • 6.1.1.4. Saigon Cinnamon
  • 6.2. Europe Cinnamon Market Outlook, by Nature, Value (US$ Mn) and Volume (Tons), 2019-2031
    • 6.2.1. Key Highlights
      • 6.2.1.1. Organic
      • 6.2.1.2. Conventional
  • 6.3. Europe Cinnamon Market Outlook, by Form, Value (US$ Mn) and Volume (Tons), 2019-2031
    • 6.3.1. Key Highlights
      • 6.3.1.1. Whole
      • 6.3.1.2. Extract
        • 6.3.1.2.1. Powder
        • 6.3.1.2.2. Oil
  • 6.4. Europe Cinnamon Market Outlook, by End Use, Value (US$ Mn) and Volume (Tons), 2019-2031
    • 6.4.1. Key Highlights
      • 6.4.1.1. Food Industry
      • 6.4.1.2. Soups, Sauces, and Dressings
      • 6.4.1.3. Snacks & Cereals
      • 6.4.1.4. Bakery & Confectionery
      • 6.4.1.5. Meat & Poultry
      • 6.4.1.6. Others
    • 6.4.2. Attractiveness Analysis
  • 6.5. Europe Market Outlook, by Distribution Channel, Value (US$ Mn) and Volume (Tons), 2019-2031
    • 6.5.1. Key Highlights
      • 6.5.1.1. Business to Business
        • 6.5.1.1.1. Hypermarkets/Supermarkets
        • 6.5.1.1.2. Convenience Stores
        • 6.5.1.1.3. Specialty Retail
        • 6.5.1.1.4. Online Retail
        • 6.5.1.1.5. Business to Consumer
  • 6.6. Europe Cinnamon Market Outlook, by Country, Value (US$ Mn) and Volume (Tons), 2019-2031
    • 6.6.1. Key Highlights
      • 6.6.1.1. Germany Cinnamon Market by Type, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 6.6.1.2. Germany Cinnamon Market by Nature, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 6.6.1.3. Germany Cinnamon Market by Form, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 6.6.1.4. Germany Cinnamon Market by End Use, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 6.6.1.5. Germany Cinnamon Market by Distribution Channel, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 6.6.1.6. U.K. Cinnamon Market by Type, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 6.6.1.7. U.K. Cinnamon Market by Nature, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 6.6.1.8. U.K. Cinnamon Market by Form, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 6.6.1.9. U.K. Cinnamon Market by End Use, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 6.6.1.10. U.K. Cinnamon Market by Distribution Channel, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 6.6.1.11. France Cinnamon Market by Type, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 6.6.1.12. France Cinnamon Market by Nature, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 6.6.1.13. France Cinnamon Market by Form, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 6.6.1.14. France Cinnamon Market by End Use, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 6.6.1.15. France Cinnamon Market by Distribution Channel, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 6.6.1.16. Italy Cinnamon Market by Type, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 6.6.1.17. Italy Cinnamon Market by Nature, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 6.6.1.18. Italy Cinnamon Market by Form, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 6.6.1.19. Italy Cinnamon Market by End Use, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 6.6.1.20. Italy Cinnamon Market by Distribution Channel, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 6.6.1.21. Turkey Cinnamon Market by Type, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 6.6.1.22. Turkey Cinnamon Market by Nature, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 6.6.1.23. Turkey Cinnamon Market by Form, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 6.6.1.24. Turkey Cinnamon Market by End Use, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 6.6.1.25. Turkey Cinnamon Market by Distribution Channel, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 6.6.1.26. Russia Cinnamon Market by Type, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 6.6.1.27. Russia Cinnamon Market by Nature, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 6.6.1.28. Russia Cinnamon Market by Form, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 6.6.1.29. Russia Cinnamon Market by End Use, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 6.6.1.30. Russia Cinnamon Market by Distribution Channel, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 6.6.1.31. Rest of Europe Cinnamon Market by Type, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 6.6.1.32. Rest of Europe Cinnamon Market by Nature, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 6.6.1.33. Rest of Europe Cinnamon Market by Form, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 6.6.1.34. Rest of Europe Cinnamon Market by End Use, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 6.6.1.35. Rest of Europe Cinnamon Market by Distribution Channel, Value (US$ Mn) and Volume (Tons), 2019-2031

7. Asia Pacific Cinnamon Market Outlook, 2019-2031

  • 7.1. Asia Pacific Cinnamon Market Outlook, by Type, Value (US$ Mn) and Volume (Tons), 2019-2031
    • 7.1.1. Key Highlights
      • 7.1.1.1. Ceylon Cinnamon
      • 7.1.1.2. Korintje Cinnamon
      • 7.1.1.3. Cassia Cinnamon
      • 7.1.1.4. Saigon Cinnamon
  • 7.2. Asia Pacific Cinnamon Market Outlook, by Nature, Value (US$ Mn) and Volume (Tons), 2019-2031
    • 7.2.1. Key Highlights
      • 7.2.1.1. Organic
      • 7.2.1.2. Conventional
  • 7.3. Asia Pacific Cinnamon Market Outlook, by Form, Value (US$ Mn) and Volume (Tons), 2019-2031
    • 7.3.1. Key Highlights
      • 7.3.1.1. Whole
      • 7.3.1.2. Extract
        • 7.3.1.2.1. Powder
        • 7.3.1.2.2. Oil
  • 7.4. Asia Pacific Cinnamon Market Outlook, by End Use, Value (US$ Mn) and Volume (Tons), 2019-2031
    • 7.4.1. Key Highlights
      • 7.4.1.1. Food Industry
      • 7.4.1.2. Soups, Sauces, and Dressings
      • 7.4.1.3. Snacks & Cereals
      • 7.4.1.4. Bakery & Confectionery
      • 7.4.1.5. Meat & Poultry
      • 7.4.1.6. Others
    • 7.4.2. Attractiveness Analysis
  • 7.5. Asia Pacific Market Outlook, by Distribution Channel, Value (US$ Mn) and Volume (Tons), 2019-2031
    • 7.5.1. Key Highlights
      • 7.5.1.1. Business to Business
        • 7.5.1.1.1. Hypermarkets/Supermarkets
        • 7.5.1.1.2. Convenience Stores
        • 7.5.1.1.3. Specialty Retail
        • 7.5.1.1.4. Online Retail
      • 7.5.1.2. Business to Consumer
    • 7.5.2. Attractiveness Analysis
  • 7.6. Asia Pacific Cinnamon Market Outlook, by Country, Value (US$ Mn) and Volume (Tons), 2019-2031
    • 7.6.1. Key Highlights
      • 7.6.1.1. China Cinnamon Market by Type, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 7.6.1.2. China Cinnamon Market by Nature, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 7.6.1.3. China Cinnamon Market by Form, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 7.6.1.4. China Cinnamon Market by End Use, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 7.6.1.5. China Cinnamon Market by Distribution Channel, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 7.6.1.6. Japan Cinnamon Market by Type, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 7.6.1.7. Japan Cinnamon Market by Nature, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 7.6.1.8. Japan Cinnamon Market by Form, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 7.6.1.9. Japan Cinnamon Market by End Use, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 7.6.1.10. Japan Cinnamon Market by Distribution Channel, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 7.6.1.11. South Korea Cinnamon Market by Type, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 7.6.1.12. South Korea Cinnamon Market by Nature, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 7.6.1.13. South Korea Cinnamon Market by Form, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 7.6.1.14. South Korea Cinnamon Market by End Use, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 7.6.1.15. South Korea Cinnamon Market by Distribution Channel, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 7.6.1.16. India Cinnamon Market by Type, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 7.6.1.17. India Cinnamon Market by Nature, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 7.6.1.18. India Cinnamon Market by Form, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 7.6.1.19. India Cinnamon Market by End Use, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 7.6.1.20. India Cinnamon Market by Distribution Channel, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 7.6.1.21. Southeast Asia Cinnamon Market by Type, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 7.6.1.22. Southeast Asia Cinnamon Market by Nature, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 7.6.1.23. Southeast Asia Cinnamon Market by Form, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 7.6.1.24. Southeast Asia Cinnamon Market by End Use, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 7.6.1.25. Southeast Asia Cinnamon Market by Distribution Channel, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 7.6.1.26. Rest of Asia Pacific Cinnamon Market by Type, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 7.6.1.27. Rest of Asia Pacific Cinnamon Market by Nature, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 7.6.1.28. Rest of Asia Pacific Cinnamon Market by Form, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 7.6.1.29. Rest of Asia Pacific Cinnamon Market by End Use, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 7.6.1.30. Rest of Asia Pacific Cinnamon Market by Distribution Channel, Value (US$ Mn) and Volume (Tons), 2019-2031

8. Latin America Cinnamon Market Outlook, 2019-2031

  • 8.1. Latin America Cinnamon Market Outlook, by Type, Value (US$ Mn) and Volume (Tons), 2019-2031
    • 8.1.1. Key Highlights
      • 8.1.1.1. Ceylon Cinnamon
      • 8.1.1.2. Korintje Cinnamon
      • 8.1.1.3. Cassia Cinnamon
      • 8.1.1.4. Saigon Cinnamon
  • 8.2. Latin America Cinnamon Market Outlook, by Nature, Value (US$ Mn) and Volume (Tons), 2019-2031
    • 8.2.1. Key Highlights
      • 8.2.1.1. Organic
      • 8.2.1.2. Conventional
  • 8.3. Latin America Cinnamon Market Outlook, by Form, Value (US$ Mn) and Volume (Tons), 2019-2031
    • 8.3.1. Key Highlights
      • 8.3.1.1. Whole
      • 8.3.1.2. Extract
        • 8.3.1.2.1. Powder
        • 8.3.1.2.2. Oil
  • 8.4. Latin America Cinnamon Market Outlook, by End Use, Value (US$ Mn) and Volume (Tons), 2019-2031
    • 8.4.1. Key Highlights
      • 8.4.1.1. Food Industry
      • 8.4.1.2. Soups, Sauces, and Dressings
      • 8.4.1.3. Snacks & Cereals
      • 8.4.1.4. Bakery & Confectionery
      • 8.4.1.5. Meat & Poultry
      • 8.4.1.6. Others
    • 8.4.2. Attractiveness Analysis
  • 8.5. Latin America Market Outlook, by Distribution Channel, Value (US$ Mn) and Volume (Tons), 2019-2031
    • 8.5.1. Key Highlights
      • 8.5.1.1. Business to Business
        • 8.5.1.1.1. Hypermarkets/Supermarkets
        • 8.5.1.1.2. Convenience Stores
        • 8.5.1.1.3. Specialty Retail
        • 8.5.1.1.4. Online Retail
      • 8.5.1.2. Business to Consumer
    • 8.5.2. Attractiveness Analysis
  • 8.6. Latin America Cinnamon Market Outlook, by Country, Value (US$ Mn) and Volume (Tons), 2019-2031
    • 8.6.1. Key Highlights
      • 8.6.1.1. Brazil Cinnamon Market by Type, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 8.6.1.2. Brazil Cinnamon Market by Nature, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 8.6.1.3. Brazil Cinnamon Market by Form, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 8.6.1.4. Brazil Cinnamon Market by End Use, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 8.6.1.5. Brazil Cinnamon Market by Distribution Channel, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 8.6.1.6. Mexico Cinnamon Market by Type, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 8.6.1.7. Mexico Cinnamon Market by Nature, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 8.6.1.8. Mexico Cinnamon Market by Form, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 8.6.1.9. Mexico Cinnamon Market by End Use, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 8.6.1.10. Mexico Cinnamon Market by Distribution Channel, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 8.6.1.11. Argentina Cinnamon Market by Type, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 8.6.1.12. Argentina Cinnamon Market by Nature, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 8.6.1.13. Argentina Cinnamon Market by Form, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 8.6.1.14. Argentina Cinnamon Market by End Use, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 8.6.1.15. Argentina Cinnamon Market by Distribution Channel, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 8.6.1.16. Rest of Latin America Cinnamon Market by Type, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 8.6.1.17. Rest of Latin America Cinnamon Market by Nature, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 8.6.1.18. Rest of Latin America Cinnamon Market by Form, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 8.6.1.19. Rest of Latin America Cinnamon Market by End Use, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 8.6.1.20. Rest of Latin America Cinnamon Market by Distribution Channel, Value (US$ Mn) and Volume (Tons), 2019-2031

9. Middle East & Africa Cinnamon Market Outlook, 2019-2031

  • 9.1. Middle East & Africa Cinnamon Market Outlook, by Type, Value (US$ Mn) and Volume (Tons), 2019-2031
    • 9.1.1. Key Highlights
      • 9.1.1.1. Ceylon Cinnamon
      • 9.1.1.2. Korintje Cinnamon
      • 9.1.1.3. Cassia Cinnamon
      • 9.1.1.4. Saigon Cinnamon
  • 9.2. Middle East & Africa Cinnamon Market Outlook, by Nature, Value (US$ Mn) and Volume (Tons), 2019-2031
    • 9.2.1. Key Highlights
      • 9.2.1.1. Organic
      • 9.2.1.2. Conventional
  • 9.3. Middle East & Africa Cinnamon Market Outlook, by Form, Value (US$ Mn) and Volume (Tons), 2019-2031
    • 9.3.1. Key Highlights
      • 9.3.1.1. Whole
      • 9.3.1.2. Extract
        • 9.3.1.2.1. Powder
        • 9.3.1.2.2. Oil
  • 9.4. Middle East & Africa Cinnamon Market Outlook, by End Use, Value (US$ Mn) and Volume (Tons), 2019-2031
    • 9.4.1. Key Highlights
      • 9.4.1.1. Food Industry
      • 9.4.1.2. Soups, Sauces, and Dressings
      • 9.4.1.3. Snacks & Cereals
      • 9.4.1.4. Bakery & Confectionery
      • 9.4.1.5. Meat & Poultry
      • 9.4.1.6. Others
    • 9.4.2. Attractiveness Analysis
  • 9.5. Middle East & Africa Market Outlook, by Distribution Channel, Value (US$ Mn) and Volume (Tons), 2019-2031
    • 9.5.1. Key Highlights
      • 9.5.1.1. Business to Business
        • 9.5.1.1.1. Hypermarkets/Supermarkets
        • 9.5.1.1.2. Convenience Stores
        • 9.5.1.1.3. Specialty Retail
        • 9.5.1.1.4. Online Retail
      • 9.5.1.2. Business to Consumer
    • 9.5.2. Attractiveness Analysis
  • 9.6. Middle East & Africa Cinnamon Market Outlook, by Country, Value (US$ Mn) and Volume (Tons), 2019-2031
    • 9.6.1. Key Highlights
      • 9.6.1.1. GCC Cinnamon Market by Type, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 9.6.1.2. GCC Cinnamon Market by Nature, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 9.6.1.3. GCC Cinnamon Market by Form, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 9.6.1.4. GCC Cinnamon Market by End Use, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 9.6.1.5. GCC Cinnamon Market by Distribution Channel, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 9.6.1.6. South Africa Cinnamon Market by Type, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 9.6.1.7. South Africa Cinnamon Market by Nature, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 9.6.1.8. South Africa Cinnamon Market by Form, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 9.6.1.9. South Africa Cinnamon Market by End Use, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 9.6.1.10. South Africa Cinnamon Market by Distribution Channel, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 9.6.1.11. Egypt Cinnamon Market by Type, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 9.6.1.12. Egypt Cinnamon Market by Nature, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 9.6.1.13. Egypt Cinnamon Market by Form, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 9.6.1.14. Egypt Cinnamon Market by End Use, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 9.6.1.15. Egypt Cinnamon Market by Distribution Channel, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 9.6.1.16. Nigeria Cinnamon Market by Type, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 9.6.1.17. Nigeria Cinnamon Market by Nature, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 9.6.1.18. Nigeria Cinnamon Market by Form, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 9.6.1.19. Nigeria Cinnamon Market by End Use, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 9.6.1.20. Nigeria Cinnamon Market by Distribution Channel, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 9.6.1.21. Rest of Middle East & Africa Cinnamon Market by Type, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 9.6.1.22. Rest of Middle East & Africa Cinnamon Market by Nature, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 9.6.1.23. Rest of Middle East & Africa Cinnamon Market by Form, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 9.6.1.24. Rest of Middle East & Africa Cinnamon Market by End Use, Value (US$ Mn) and Volume (Tons), 2019-2031
      • 9.6.1.25. Rest of Middle East & Africa Cinnamon Market by Distribution Channel, Value (US$ Mn) and Volume (Tons), 2019-2031

10. Competitive Landscape

  • 10.1. By Type vs by Nature Heatmap
  • 10.2. Company Market Share Analysis, 2024
  • 10.3. Competitive Dashboard
  • 10.4. Company Profiles
    • 10.4.1. McCormick & Company
      • 10.4.1.1. Company Overview
      • 10.4.1.2. Product Portfolio
      • 10.4.1.3. Financial Overview
      • 10.4.1.4. Business Strategies and Development
    • 10.4.2. Cinnatopia
      • 10.4.2.1. Company Overview
      • 10.4.2.2. Product Portfolio
      • 10.4.2.3. Financial Overview
      • 10.4.2.4. Business Strategies and Development
    • 10.4.3. G.P. de Silva & Sons International (Pvt) Ltd.
      • 10.4.3.1. Company Overview
      • 10.4.3.2. Product Portfolio
      • 10.4.3.3. Financial Overview
      • 10.4.3.4. Business Strategies and Development
    • 10.4.4. Ceylon Spice Company
      • 10.4.4.1. Company Overview
      • 10.4.4.2. Product Portfolio
      • 10.4.4.3. Financial Overview
      • 10.4.4.4. Business Strategies and Development
    • 10.4.5. Elite Spice
      • 10.4.5.1. Company Overview
      • 10.4.5.2. Product Portfolio
      • 10.4.5.3. Financial Overview
      • 10.4.5.4. Business Strategies and Development
    • 10.4.6. FutureCeuticals
      • 10.4.6.1. Company Overview
      • 10.4.6.2. Product Portfolio
      • 10.4.6.3. Financial Overview
      • 10.4.6.4. Business Strategies and Development
    • 10.4.7. Kahawatte Plantations PLC
      • 10.4.7.1. Company Overview
      • 10.4.7.2. Product Portfolio
      • 10.4.7.3. Financial Overview
      • 10.4.7.4. Business Strategies and Development
    • 10.4.8. High Plains Spice Company
      • 10.4.8.1. Company Overview
      • 10.4.8.2. Product Portfolio
      • 10.4.8.3. Financial Overview
      • 10.4.8.4. Business Strategies and Development
    • 10.4.9. Natural Spices of Grenada
      • 10.4.9.1. Company Overview
      • 10.4.9.2. Product Portfolio
      • 10.4.9.3. Financial Overview
      • 10.4.9.4. Business Strategies and Development
    • 10.4.10. Lemur International, Inc
      • 10.4.10.1. Company Overview
      • 10.4.10.2. Product Portfolio
      • 10.4.10.3. Financial Overview
      • 10.4.10.4. Business Strategies and Development
    • 10.4.11. New Lanka Cinnamon Pvt. Ltd
      • 10.4.11.1. Company Overview
      • 10.4.11.2. Product Portfolio
      • 10.4.11.3. Financial Overview
      • 10.4.11.4. Business Strategies and Developments
    • 10.4.12. Great American Spice Co
      • 10.4.12.1. Company Overview
      • 10.4.12.2. Product Portfolio
      • 10.4.12.3. Financial Overview
      • 10.4.12.4. Business Strategies and Development
    • 10.4.13. Risun Bio-Tech Inc.
      • 10.4.13.1. Company Overview
      • 10.4.13.2. Product Portfolio
      • 10.4.13.3. Financial Overview
      • 10.4.13.4. Business Strategies and Development
    • 10.4.14. Monterey Bay Spice Company
      • 10.4.14.1. Company Overview
      • 10.4.14.2. Product Portfolio
      • 10.4.14.3. Financial Overview
      • 10.4.14.4. Business Strategies and Development
    • 10.4.15. The Organic Cinnamon
      • 10.4.15.1. Company Overview
      • 10.4.15.2. Product Portfolio
      • 10.4.15.3. Financial Overview
      • 10.4.15.4. Business Strategies and Development

11. Appendix

  • 11.1. Research Methodology
  • 11.2. Report Assumptions
  • 11.3. Acronyms and Abbreviations
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