Market Research Logo

Global Cinnamon Market 2017-2021

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Cinnamon: Production process
  • Market landscape
    • Market overview
      • Table Global cinnamon market: An overview
    • Market size and forecast by revenue
      • Table Global cinnamon market 2016-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product
    • Global cinnamon market by product type
      • Table Global cinnamon market by product type 2016 and 2021 (% share of revenue)
    • Global Ceylon cinnamon market
      • Table Global Ceylon cinnamon market 2016-2021 ($ millions)
    • Global Cassia cinnamon market
      • Table Global Cassia cinnamon market 2016-2021 ($ millions)
    • Global Saigon cinnamon market
      • Table Global Saigon cinnamon market 2016-2021 ($ millions)
    • Global Korintje cinnamon market
      • Table Global Korintje cinnamon market 2016-2021 ($ millions)
  • Market segmentation by distribution channel
    • Global cinnamon market by distribution channel
      • Table Global cinnamon market by distribution channel 2016 and 2021 (% share of revenue)
    • Hypermarkets and supermarkets
    • Online retailers
    • Convenience stores
    • Food and drinks specialists
  • Geographical segmentation
    • Global cinnamon market by geography
      • Table Global cinnamon market by geography 2016 and 2021 (% share of revenue)
      • Table Global cinnamon market by volume 2016 and 2021 (tons)
    • Cinnamon market in APAC
      • Table Cinnamon market in APAC 2016-2021 ($ millions)
    • Cinnamon market in the Americas
      • Table Cinnamon market in the Americas 2016-2021 ($ millions)
    • Cinnamon market in EMEA
      • Table Cinnamon market in EMEA 2016-2021 ($ millions)
  • Key leading countries
    • Table Key leading countries in 2016
    • Indonesia
      • Table Indonesia: Cinnamon production 2016-2021 (tons)
    • China
      • Table China: Cinnamon production 2016-2021 (tons)
    • Sri Lanka
      • Table Sri Lanka: Cinnamon production 2016-2021 (tons)
    • Vietnam
      • Table Vietnam: Cinnamon production 2016-2021 (tons)
    • Key cinnamon consuming countries
      • Table Key cinnamon consuming countries 2016 (tons)
    • Recent developments in the cinnamon industry
      • Table Recent developments in the cinnamon industry
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Sustainability is a key factor in the global cinnamon market
    • Greater adoption of Ceylon cinnamon due to the low coumarin content
    • Increased use of cinnamon in beauty treatments
  • Vendor landscape
    • Competitive scenario
      • Table Key players in the global cinnamon market
      • Table Key vendors: Competitive assessment
  • Key vendor analysis
    • Adam Group
      • Table Adam Group: Product portfolio
    • Bio Foods (PVT) LTD
      • Table Bio Foods (PVT) LTD: Product portfolio
    • First Spice Mixing Company
      • Table First Spice Mixing Company: Product portfolio
    • Goya Foods
      • Table Goya Foods: Product portfolio
    • HDDES GROUP
      • Table HDDES Group: Product portfolio
    • Other prominent vendors
      • Table Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

Global Cinnamon Market 2017-2021

About Cinnamon

Cinnamon is one of the most widely traded spices in the world since ancient times. Today, cinnamon is used all around the world as a valued ingredient in many of the food items like bakery products, tea, and as a flavoring agent in a variety of Asian cuisines like curry. Cinnamon is obtained from distinct species of the same plant and is known by different names like Ceylon cinnamon, Cassia cinnamon etc.

Technavio’s analysts forecast the global cinnamon market to grow at a CAGR of 16.20% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global cinnamon market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Cinnamon Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Adam Group
  • Bio Foods (PVT) LTD
  • First Spice Mixing Company
  • Goya Foods
  • HDDES GROUP
Other prominent vendors
  • ACH Food Companies
  • Adams Extract & Spice
  • Bart Ingredients
  • The C.F. Sauer Company
  • EOAS International
Market driver
  • Health benefits of cinnamon
  • For a full, detailed list, view our report
Market challenge
  • Stringent regulations and scrutiny for exports
  • For a full, detailed list, view our report
Market trend
  • Sustainability is a key factor in the global cinnamon market
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Cinnamon Market 2017-2021

Technavio recognizes the following companies as the key players in the global cinnamon market: Adam Group, Bio Foods (PVT) LTD, First Spice Mixing Company, Goya Foods, and HDDES GROUP.

Other Prominent Vendors in the market are: ACH Food Companies, Adams Extract & Spice, Bart Ingredients, The C.F. Sauer Company, and EOAS International.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is sustainability is a key factor in the global cinnamon market. Sustainability is a major trend in the production process, especially for products that are to be exported. Cinnamon, being one of the highly-exported product, faces sustainability issues. The issues are regarding whether the working conditions are hygienic or not, safety standards are followed or not, inclusion of child labor during production process, impact on the environment, and others.”

According to the report, one driver in the market is health benefits of cinnamon. Cinnamon has been in use for its medicinal properties and health benefits for a long time. It has a copious amount of manganese, fiber, calcium and has antioxidant, antifungal, and antibacterial properties. Cinnamaldehyde in cinnamon has an anti-clotting action, which prevents coagulation of blood platelets. Owing to its antimicrobial properties, it is also used as a preservative in several types of food and beverages. Cinnamon is also used to control blood sugar levels and reduce risks of cardiovascular diseases by maintaining the cholesterol levels.

Further, the report states that one challenge in the market is stringent regulations and scrutiny for exports. The export of cinnamon is facing a challenge due to inferior quality or not meeting the quality standards. Recently, a consignment of cinnamon exported by Sri Lanka to the EU (European Union) was rejected for not being able to comply with the quality standards due to the presence of residual sulfur dioxide. The World Trade Organization (WTO) supported the program that the Standard Trade Development Facility (STDF) is trying to enforce to help local farmers meet the standards and get benefitted by export earnings.

Companies Mentioned

Adam Group, Bio Foods (PVT) LTD, First Spice Mixing Company, Goya Foods, HDDES GROUP, CH Food Companies, Adams Extract & Spice, Bart Ingredients, The C.F. Sauer Company, and EOAS International

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report

;