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PUBLISHER: KBV Research | PRODUCT CODE: 1575613

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PUBLISHER: KBV Research | PRODUCT CODE: 1575613

North America Cinnamon Market Size, Share & Trends Analysis Report By Application (Commercial, and Residential), By Product (Ceylon, Cassia, Saigon, Korintje, and Other Products), By Distribution Channel, By Country and Growth Forecast, 2024 - 2031

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The North America Cinnamon Market would witness market growth of 12.1% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 29,041.9 tonnes, showcasing a growth of 8.8% (2020-2023).

In the commercial sector, cinnamon is extensively used across various industries, including food and beverage, pharmaceuticals, and cosmetics. Food manufacturers use Cassia and Korintje cinnamon in a variety of products such as baked goods, cereals, beverages, and snacks, capitalizing on its strong flavor and lower cost. Commercial bakeries and coffee shops frequently incorporate cinnamon into pastries, spiced beverages, and confections. Hence, in Mexico, 3,802.7 tonnes of cinnamon is expected to be utilized in commercial by the year 2031.

The US market dominated the North America Cinnamon Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $3,196.6 million by 2031. The Canada market is expected to witness a CAGR of 14.2% during (2024 - 2031). Additionally, The Mexico market would experience a CAGR of 13.6% during (2024 - 2031).

Cinnamon is primarily known for its use in the culinary world, adding warmth and depth to various dishes. Its sweet and spicy flavour profile makes it a staple ingredient in sweet and savoury recipes. Cinnamon is a crucial component in many spice blends. Cinnamon's natural sweetness enhances the flavours of both sweet and savoury dishes, making it an ideal ingredient in various cuisines. For instance, it's used in curries to add warmth and complexity. Cinnamon's antimicrobial properties effectively preserve the freshness of baked goods. Incorporating cinnamon in bread recipes can extend shelf life by inhibiting mold growth.

In addition, cinnamon has been investigated for its capacity to regulate blood sugar levels, rendering it valuable in products directed at diabetics or individuals seeking to regulate their blood sugar. Traditionally, cinnamon has been used to alleviate digestive issues. Its ability to soothe the stomach and aid digestion makes it popular in herbal teas and supplements for gut health. Cinnamon is rich in antioxidants, which can help combat oxidative stress. This property is increasingly recognized in developing health-focused food products and dietary supplements.

The Canadian food and beverage sector's emphasis on innovation and quality also plays a critical role in the cinnamon market. As manufacturers experiment with new recipes and formulations to differentiate their products, cinnamon is often featured as a key ingredient, enhancing flavour while providing health benefits. This focus on quality and innovation ensures that cinnamon remains a staple in the food and beverage industry, reinforcing its importance in product development.

Furthermore, Canada's diverse culinary landscape influences the incorporation of spices like cinnamon into a wide range of dishes. From traditional Canadian desserts to international cuisines, cinnamon's versatility makes it a favoured ingredient among food processors. As the food and beverage industry grows, the demand for cinnamon in traditional and contemporary food products will likely expand. Therefore, due to above mentioned factor, the market will grow.

Based on Application, the market is segmented into Commercial, and Residential. Based on Product, the market is segmented into Ceylon, Cassia, Saigon, Korintje, and Other Products. Based on Distribution Channel, the market is segmented into Hypermarkets & Supermarkets, Convenience Stores, Specialty Stores, Online, and Other Distribution Channels. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

  • Goya Foods, Inc.
  • McCormick & Company, Inc.
  • Sauer Brands Inc.
  • Frontier Cooperative
  • Ceylon Spice Company
  • Elite Spice Inc.
  • SDS Spices Pvt Ltd
  • Bart Ingredients (Fuchs GmbH & Co. KG)
  • HDDES Group

North America Cinnamon Market Report Segmentation

By Application (Volume, Tonnes, USD Billion, 2020-2031)

  • Commercial
  • Residential

By Product (Volume, Tonnes, USD Billion, 2020-2031)

  • Ceylon
  • Cassia
  • Saigon
  • Korintje
  • Other Products

By Distribution Channel (Volume, Tonnes, USD Billion, 2020-2031)

  • Hypermarkets & Supermarkets
  • Convenience Stores
  • Specialty Stores
  • Online
  • Other Distribution Channels

By Country (Volume, Tonnes, USD Billion, 2020-2031)

  • US
  • Canada
  • Mexico
  • Rest of North America

Table of Contents

Chapter 1. Market Scope & Methodology

  • 1.1 Market Definition
  • 1.2 Objectives
  • 1.3 Market Scope
  • 1.4 Segmentation
    • 1.4.1 North America Cinnamon Market, by Application
    • 1.4.2 North America Cinnamon Market, by Product
    • 1.4.3 North America Cinnamon Market, by Distribution Channel
    • 1.4.4 North America Cinnamon Market, by Country
  • 1.5 Methodology for the research

Chapter 2. Market at a Glance

  • 2.1 Key Highlights

Chapter 3. Market Overview

  • 3.1 Introduction
    • 3.1.1 Overview
      • 3.1.1.1 Market Composition and Scenario
  • 3.2 Key Factors Impacting the Market
    • 3.2.1 Market Drivers
    • 3.2.2 Market Restraints
    • 3.2.3 Market Opportunities
    • 3.2.4 Market Challenges
  • 3.3 Porter Five Forces Analysis

Chapter 4. North America Cinnamon Market by Application

  • 4.1 North America Commercial Market by Region
  • 4.2 North America Residential Market by Region

Chapter 5. North America Cinnamon Market by Product

  • 5.1 North America Ceylon Market by Country
  • 5.2 North America Cassia Market by Country
  • 5.3 North America Saigon Market by Country
  • 5.4 North America Korintje Market by Country
  • 5.5 North America Other Products Market by Country

Chapter 6. North America Cinnamon Market by Distribution Channel

  • 6.1 North America Hypermarkets & Supermarkets Market by Country
  • 6.2 North America Convenience Stores Market by Country
  • 6.3 North America Specialty Stores Market by Country
  • 6.4 North America Online Market by Country
  • 6.5 North America Other Distribution Channels Market by Country

Chapter 7. North America Cinnamon Market by Country

  • 7.1 US Cinnamon Market
    • 7.1.1 US Cinnamon Market by Application
    • 7.1.2 US Cinnamon Market by Product
    • 7.1.3 US Cinnamon Market by Distribution Channel
  • 7.2 Canada Cinnamon Market
    • 7.2.1 Canada Cinnamon Market by Application
    • 7.2.2 Canada Cinnamon Market by Product
    • 7.2.3 Canada Cinnamon Market by Distribution Channel
  • 7.3 Mexico Cinnamon Market
    • 7.3.1 Mexico Cinnamon Market by Application
    • 7.3.2 Mexico Cinnamon Market by Product
    • 7.3.3 Mexico Cinnamon Market by Distribution Channel
  • 7.4 Rest of North America Cinnamon Market
    • 7.4.1 Rest of North America Cinnamon Market by Application
    • 7.4.2 Rest of North America Cinnamon Market by Product
    • 7.4.3 Rest of North America Cinnamon Market by Distribution Channel

Chapter 8. Company Profiles

  • 8.1 Goya Foods, Inc.
    • 8.1.1 Company Overview
  • 8.2 McCormick & Company, Inc.
    • 8.2.1 Company Overview
    • 8.2.2 Financial Analysis
    • 8.2.3 Segmental and Regional Analysis
    • 8.2.4 Research & Development Expense
    • 8.2.5 SWOT Analysis
  • 8.3 Sauer Brands Inc.
    • 8.3.1 Company Overview
    • 8.3.2 SWOT Analysis
  • 8.4 Frontier Cooperative
    • 8.4.1 Company Overview
    • 8.4.2 SWOT Analysis
  • 8.5 Ceylon Spice Company
    • 8.5.1 Company Overview
  • 8.6 Elite Spice Inc.
    • 8.6.1 Company Overview
  • 8.7 SDS Spices (Private) Limited
    • 8.7.1 Company Overview
  • 8.8 Bart Ingredients (Fuchs GmbH & Co. KG)
    • 8.8.1 Company Overview
    • 8.8.2 SWOT Analysis
  • 8.9 HDDES Group
    • 8.9.1 Company Overview

LIST OF TABLES

  • TABLE 1 North America Cinnamon Market, 2020 - 2023, USD Million
  • TABLE 2 North America Cinnamon Market, 2024 - 2031, USD Million
  • TABLE 3 North America Cinnamon Market, 2020 - 2023, Tonnes
  • TABLE 4 North America Cinnamon Market, 2024 - 2031, Tonnes
  • TABLE 5 North America Cinnamon Market by Application, 2020 - 2023, USD Million
  • TABLE 6 North America Cinnamon Market by Application, 2024 - 2031, USD Million
  • TABLE 7 North America Cinnamon Market by Application, 2020 - 2023, Tonnes
  • TABLE 8 North America Cinnamon Market by Application, 2024 - 2031, Tonnes
  • TABLE 9 North America Commercial Market by Region, 2020 - 2023, USD Million
  • TABLE 10 North America Commercial Market by Region, 2024 - 2031, USD Million
  • TABLE 11 North America Commercial Market by Region, 2020 - 2023, Tonnes
  • TABLE 12 North America Commercial Market by Region, 2024 - 2031, Tonnes
  • TABLE 13 North America Residential Market by Region, 2020 - 2023, USD Million
  • TABLE 14 North America Residential Market by Region, 2024 - 2031, USD Million
  • TABLE 15 North America Residential Market by Region, 2020 - 2023, Tonnes
  • TABLE 16 North America Residential Market by Region, 2024 - 2031, Tonnes
  • TABLE 17 North America Cinnamon Market by Product, 2020 - 2023, USD Million
  • TABLE 18 North America Cinnamon Market by Product, 2024 - 2031, USD Million
  • TABLE 19 North America Cinnamon Market by Product, 2020 - 2023, Tonnes
  • TABLE 20 North America Cinnamon Market by Product, 2024 - 2031, Tonnes
  • TABLE 21 North America Ceylon Market by Country, 2020 - 2023, USD Million
  • TABLE 22 North America Ceylon Market by Country, 2024 - 2031, USD Million
  • TABLE 23 North America Ceylon Market by Country, 2020 - 2023, Tonnes
  • TABLE 24 North America Ceylon Market by Country, 2024 - 2031, Tonnes
  • TABLE 25 North America Cassia Market by Country, 2020 - 2023, USD Million
  • TABLE 26 North America Cassia Market by Country, 2024 - 2031, USD Million
  • TABLE 27 North America Cassia Market by Country, 2020 - 2023, Tonnes
  • TABLE 28 North America Cassia Market by Country, 2024 - 2031, Tonnes
  • TABLE 29 North America Saigon Market by Country, 2020 - 2023, USD Million
  • TABLE 30 North America Saigon Market by Country, 2024 - 2031, USD Million
  • TABLE 31 North America Saigon Market by Country, 2020 - 2023, Tonnes
  • TABLE 32 North America Saigon Market by Country, 2024 - 2031, Tonnes
  • TABLE 33 North America Korintje Market by Country, 2020 - 2023, USD Million
  • TABLE 34 North America Korintje Market by Country, 2024 - 2031, USD Million
  • TABLE 35 North America Korintje Market by Country, 2020 - 2023, Tonnes
  • TABLE 36 North America Korintje Market by Country, 2024 - 2031, Tonnes
  • TABLE 37 North America Other Products Market by Country, 2020 - 2023, USD Million
  • TABLE 38 North America Other Products Market by Country, 2024 - 2031, USD Million
  • TABLE 39 North America Other Products Market by Country, 2020 - 2023, Tonnes
  • TABLE 40 North America Other Products Market by Country, 2024 - 2031, Tonnes
  • TABLE 41 North America Cinnamon Market by Distribution Channel, 2020 - 2023, USD Million
  • TABLE 42 North America Cinnamon Market by Distribution Channel, 2024 - 2031, USD Million
  • TABLE 43 North America Cinnamon Market by Distribution Channel, 2020 - 2023, Tonnes
  • TABLE 44 North America Cinnamon Market by Distribution Channel, 2024 - 2031, Tonnes
  • TABLE 45 North America Hypermarkets & Supermarkets Market by Country, 2020 - 2023, USD Million
  • TABLE 46 North America Hypermarkets & Supermarkets Market by Country, 2024 - 2031, USD Million
  • TABLE 47 North America Hypermarkets & Supermarkets Market by Country, 2020 - 2023, Tonnes
  • TABLE 48 North America Hypermarkets & Supermarkets Market by Country, 2024 - 2031, Tonnes
  • TABLE 49 North America Convenience Stores Market by Country, 2020 - 2023, USD Million
  • TABLE 50 North America Convenience Stores Market by Country, 2024 - 2031, USD Million
  • TABLE 51 North America Convenience Stores Market by Country, 2020 - 2023, Tonnes
  • TABLE 52 North America Convenience Stores Market by Country, 2024 - 2031, Tonnes
  • TABLE 53 North America Specialty Stores Market by Country, 2020 - 2023, USD Million
  • TABLE 54 North America Specialty Stores Market by Country, 2024 - 2031, USD Million
  • TABLE 55 North America Specialty Stores Market by Country, 2020 - 2023, Tonnes
  • TABLE 56 North America Specialty Stores Market by Country, 2024 - 2031, Tonnes
  • TABLE 57 North America Online Market by Country, 2020 - 2023, USD Million
  • TABLE 58 North America Online Market by Country, 2024 - 2031, USD Million
  • TABLE 59 North America Online Market by Country, 2020 - 2023, Tonnes
  • TABLE 60 North America Online Market by Country, 2024 - 2031, Tonnes
  • TABLE 61 North America Other Distribution Channels Market by Country, 2020 - 2023, USD Million
  • TABLE 62 North America Other Distribution Channels Market by Country, 2024 - 2031, USD Million
  • TABLE 63 North America Other Distribution Channels Market by Country, 2020 - 2023, Tonnes
  • TABLE 64 North America Other Distribution Channels Market by Country, 2024 - 2031, Tonnes
  • TABLE 65 North America Cinnamon Market by Country, 2020 - 2023, USD Million
  • TABLE 66 North America Cinnamon Market by Country, 2024 - 2031, USD Million
  • TABLE 67 North America Cinnamon Market by Country, 2020 - 2023, Tonnes
  • TABLE 68 North America Cinnamon Market by Country, 2024 - 2031, Tonnes
  • TABLE 69 US Cinnamon Market, 2020 - 2023, USD Million
  • TABLE 70 US Cinnamon Market, 2024 - 2031, USD Million
  • TABLE 71 US Cinnamon Market, 2020 - 2023, Tonnes
  • TABLE 72 US Cinnamon Market, 2024 - 2031, Tonnes
  • TABLE 73 US Cinnamon Market by Application, 2020 - 2023, USD Million
  • TABLE 74 US Cinnamon Market by Application, 2024 - 2031, USD Million
  • TABLE 75 US Cinnamon Market by Application, 2020 - 2023, Tonnes
  • TABLE 76 US Cinnamon Market by Application, 2024 - 2031, Tonnes
  • TABLE 77 US Cinnamon Market by Product, 2020 - 2023, USD Million
  • TABLE 78 US Cinnamon Market by Product, 2024 - 2031, USD Million
  • TABLE 79 US Cinnamon Market by Product, 2020 - 2023, Tonnes
  • TABLE 80 US Cinnamon Market by Product, 2024 - 2031, Tonnes
  • TABLE 81 US Cinnamon Market by Distribution Channel, 2020 - 2023, USD Million
  • TABLE 82 US Cinnamon Market by Distribution Channel, 2024 - 2031, USD Million
  • TABLE 83 US Cinnamon Market by Distribution Channel, 2020 - 2023, Tonnes
  • TABLE 84 US Cinnamon Market by Distribution Channel, 2024 - 2031, Tonnes
  • TABLE 85 Canada Cinnamon Market, 2020 - 2023, USD Million
  • TABLE 86 Canada Cinnamon Market, 2024 - 2031, USD Million
  • TABLE 87 Canada Cinnamon Market, 2020 - 2023, Tonnes
  • TABLE 88 Canada Cinnamon Market, 2024 - 2031, Tonnes
  • TABLE 89 Canada Cinnamon Market by Application, 2020 - 2023, USD Million
  • TABLE 90 Canada Cinnamon Market by Application, 2024 - 2031, USD Million
  • TABLE 91 Canada Cinnamon Market by Application, 2020 - 2023, Tonnes
  • TABLE 92 Canada Cinnamon Market by Application, 2024 - 2031, Tonnes
  • TABLE 93 Canada Cinnamon Market by Product, 2020 - 2023, USD Million
  • TABLE 94 Canada Cinnamon Market by Product, 2024 - 2031, USD Million
  • TABLE 95 Canada Cinnamon Market by Product, 2020 - 2023, Tonnes
  • TABLE 96 Canada Cinnamon Market by Product, 2024 - 2031, Tonnes
  • TABLE 97 Canada Cinnamon Market by Distribution Channel, 2020 - 2023, USD Million
  • TABLE 98 Canada Cinnamon Market by Distribution Channel, 2024 - 2031, USD Million
  • TABLE 99 Canada Cinnamon Market by Distribution Channel, 2020 - 2023, Tonnes
  • TABLE 100 Canada Cinnamon Market by Distribution Channel, 2024 - 2031, Tonnes
  • TABLE 101 Mexico Cinnamon Market, 2020 - 2023, USD Million
  • TABLE 102 Mexico Cinnamon Market, 2024 - 2031, USD Million
  • TABLE 103 Mexico Cinnamon Market, 2020 - 2023, Tonnes
  • TABLE 104 Mexico Cinnamon Market, 2024 - 2031, Tonnes
  • TABLE 105 Mexico Cinnamon Market by Application, 2020 - 2023, USD Million
  • TABLE 106 Mexico Cinnamon Market by Application, 2024 - 2031, USD Million
  • TABLE 107 Mexico Cinnamon Market by Application, 2020 - 2023, Tonnes
  • TABLE 108 Mexico Cinnamon Market by Application, 2024 - 2031, Tonnes
  • TABLE 109 Mexico Cinnamon Market by Product, 2020 - 2023, USD Million
  • TABLE 110 Mexico Cinnamon Market by Product, 2024 - 2031, USD Million
  • TABLE 111 Mexico Cinnamon Market by Product, 2020 - 2023, Tonnes
  • TABLE 112 Mexico Cinnamon Market by Product, 2024 - 2031, Tonnes
  • TABLE 113 Mexico Cinnamon Market by Distribution Channel, 2020 - 2023, USD Million
  • TABLE 114 Mexico Cinnamon Market by Distribution Channel, 2024 - 2031, USD Million
  • TABLE 115 Mexico Cinnamon Market by Distribution Channel, 2020 - 2023, Tonnes
  • TABLE 116 Mexico Cinnamon Market by Distribution Channel, 2024 - 2031, Tonnes
  • TABLE 117 Rest of North America Cinnamon Market, 2020 - 2023, USD Million
  • TABLE 118 Rest of North America Cinnamon Market, 2024 - 2031, USD Million
  • TABLE 119 Rest of North America Cinnamon Market, 2020 - 2023, Tonnes
  • TABLE 120 Rest of North America Cinnamon Market, 2024 - 2031, Tonnes
  • TABLE 121 Rest of North America Cinnamon Market by Application, 2020 - 2023, USD Million
  • TABLE 122 Rest of North America Cinnamon Market by Application, 2024 - 2031, USD Million
  • TABLE 123 Rest of North America Cinnamon Market by Application, 2020 - 2023, Tonnes
  • TABLE 124 Rest of North America Cinnamon Market by Application, 2024 - 2031, Tonnes
  • TABLE 125 Rest of North America Cinnamon Market by Product, 2020 - 2023, USD Million
  • TABLE 126 Rest of North America Cinnamon Market by Product, 2024 - 2031, USD Million
  • TABLE 127 Rest of North America Cinnamon Market by Product, 2020 - 2023, Tonnes
  • TABLE 128 Rest of North America Cinnamon Market by Product, 2024 - 2031, Tonnes
  • TABLE 129 Rest of North America Cinnamon Market by Distribution Channel, 2020 - 2023, USD Million
  • TABLE 130 Rest of North America Cinnamon Market by Distribution Channel, 2024 - 2031, USD Million
  • TABLE 131 Rest of North America Cinnamon Market by Distribution Channel, 2020 - 2023, Tonnes
  • TABLE 132 Rest of North America Cinnamon Market by Distribution Channel, 2024 - 2031, Tonnes
  • TABLE 133 Key Information - Goya Foods, Inc.
  • TABLE 134 Key Information - McCormick & Company, Inc.
  • TABLE 135 Key Information - Sauer brands inc.
  • TABLE 136 Key Information - FRONTIER Cooperative
  • TABLE 137 Key Information - Ceylon Spice Company
  • TABLE 138 Key Information - Elite Spice Inc.
  • TABLE 139 Key Information - SDS Spices (Private) Limited
  • TABLE 140 Key Information - Bart Ingredients
  • TABLE 141 Key Information - HDDES Group
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Christine Sirois

Manager - Americas

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