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Cinnamon Market by Product Type, End-Users, and Geography (North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa): Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2025 - 2032

Published Dec 02, 2025
Length 190 Pages
SKU # PERR20635252

Description

Persistence Market Research has recently released a comprehensive report on the global Cinnamon Market, providing an in-depth analysis of key market dynamics, including driving forces, emerging trends, opportunities, and challenges. This report offers a detailed understanding of the market landscape, helping stakeholders make well-informed decisions.

Key Insights:
  • Cinnamon Market Size (2025E): USD 828.2 Mn
  • Projected Market Value (2032F): USD 1,057.3 Mn
  • Global Market Growth Rate (CAGR 2025 to 2032): 3.6%
Cinnamon Market - Report Scope:

The cinnamon market encompasses the production, processing, and distribution of various types of cinnamon, including Ceylon cinnamon, Korintje cinnamon, Cassia cinnamon, and Saigon cinnamon. Cinnamon is widely used in the food and beverage industry, pharmaceuticals, and personal care products due to its health benefits and aromatic properties. The increasing demand for organic and natural spices, along with the rising popularity of functional foods, is driving the market’s expansion.

Market Growth Drivers:

The global cinnamon market is witnessing significant growth, driven by various factors. The rising consumer preference for natural and organic ingredients in food and beverages has fueled the demand for cinnamon. Its well-documented health benefits, including anti-inflammatory and antioxidant properties, further support market growth. Additionally, the expansion of the global food industry, particularly in the bakery, confectionery, and beverages segments, is increasing the demand for cinnamon as a key ingredient. The growing awareness of cinnamon's medicinal applications in traditional and modern pharmaceuticals also contributes to its increasing adoption.

Market Restraints:

Despite the promising growth, the cinnamon market faces certain challenges. Price volatility due to fluctuating supply, impacted by climatic conditions and geopolitical factors, poses a challenge for manufacturers. Additionally, the dominance of a few major cinnamon-producing countries, such as Sri Lanka and Indonesia, makes the supply chain vulnerable to disruptions. Concerns related to excessive coumarin content in certain cinnamon varieties may also affect consumer confidence and regulatory approvals in some regions.

Market Opportunities:

The cinnamon market presents several growth opportunities. The increasing popularity of clean-label and organic products provides a lucrative opportunity for organic cinnamon producers. Expansion into emerging markets, particularly in Asia-Pacific and Latin America, where consumer awareness of natural ingredients is rising, offers significant potential. Moreover, innovations in product formulations, such as cinnamon-infused beverages and supplements, are expected to drive further market growth. Strategic partnerships with food manufacturers and investments in sustainable sourcing practices can enhance market positioning for key players.

Key Questions Answered in the Report:
  • What are the primary factors driving the global cinnamon market’s growth?
  • Which regions and market segments are experiencing the highest demand for cinnamon?
  • How are innovations in food and beverage applications influencing market dynamics?
  • Who are the key players in the cinnamon market, and what strategies are they adopting to stay competitive?
  • What are the emerging trends and future projections for the global cinnamon market?
Competitive Intelligence and Business Strategy:

Leading companies in the global cinnamon market, such as McCormick & Company, Cinnatopia, and Elite Spice, are investing in product innovation, sustainable sourcing, and strategic partnerships to maintain their market presence. These companies focus on enhancing cinnamon quality, expanding distribution networks, and promoting organic and fair-trade certifications to appeal to health-conscious consumers. Collaborations with major food and beverage manufacturers help expand market reach, while investments in research and development contribute to product differentiation.

Companies Covered in This Report:
  • 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
Cinnamon Industry Research by Category:

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
By Distribution Channel:
  • Business to Business
  • Business to Consumer
By Region:
  • North America
  • Latin America
  • Europe
  • South Asia & Pacific
  • East Asia
  • Middle East & Africa


Please Note: It will take 5 business days to complete the report upon order confirmation.

Table of Contents

190 Pages
1. Executive Summary
1.1. Global Cinnamon Market Snapshot, 2025 and 2032
1.2. Market Opportunity Assessment, 2025-2032, US$ Mn
1.3. Key Market Trends
1.4. Future Market Projections
1.5. Premium Market Insights
1.6. Industry Developments and Key Market Events
1.7. PMR Analysis and Recommendations
2. Market Overview
2.1. Market Scope and Definition
2.2. Market Dynamics
2.2.1. Drivers
2.2.2. Restraints
2.2.3. Opportunity
2.2.4. Challenges
2.2.5. Key Trends
2.3. COVID-19 Impact Analysis
2.4. Forecast Factors - Relevance and Impact
3. Value Added Insights
3.1. Value Chain Analysis
3.2. Key Market Players
3.3. Regulatory Landscape
3.4. PESTLE Analysis
3.5. Porter’s Five Force Analysis
3.6. Consumer Behavior Analysis
4. Trade Statistics (HS code: 090620)
4.1. Top Importing Countries
4.2. Top Exporting Countries
5. Price Trend Analysis, 2019-2032
5.1. Key Factors Impacting Product Prices
5.2. Pricing Analysis, By Type
5.3. Regional Prices and Product Preferences
6. Global Cinnamon Market Outlook
6.1. Key Highlights
6.1.1. Market Volume (Tons) Projections
6.1.2. Market Size (US$ Mn) and Y-o-Y Growth
6.1.3. Absolute $ Opportunity
6.2. Market Size (US$ Mn) Analysis and Forecast
6.2.1. Historical Market Size (US$ Mn) Analysis, 2019-2024
6.2.2. Current Market Size (US$ Mn) Analysis and Forecast, 2025-2032
6.3. Global Cinnamon Market Outlook: Type
6.3.1. Historical Market Size (US$ Mn) and Volume (Tons) Analysis, By Type, 2019-2024
6.3.2. Current Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, By Type, 2025-2032
6.3.2.1. Ceylon
6.3.2.2. Saigon
6.3.2.3. Cassia
6.3.2.4. Korintje
6.3.3. Market Attractiveness Analysis: Type
6.4. Global Cinnamon Market Outlook: Source
6.4.1. Historical Market Size (US$ Mn) and Volume (Tons) Analysis, By Source, 2019-2024
6.4.2. Current Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, By Source, 2025-2032
6.4.2.1. Organic
6.4.2.2. Conventional
6.4.3. Market Attractiveness Analysis: Source
6.5. Global Cinnamon Market Outlook: Form
6.5.1. Historical Market Size (US$ Mn) and Volume (Tons) Analysis, By Form, 2019-2024
6.5.2. Current Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, By Form, 2025-2032
6.5.2.1. Whole
6.5.2.2. Ground
6.5.2.3. Oil
6.5.2.4. Liquid Extract
6.5.3. Market Attractiveness Analysis: Form
6.6. Global Cinnamon Market Outlook: End Use
6.6.1. Historical Market Size (US$ Mn) and Volume (Tons) Analysis, By End Use, 2019-2024
6.6.2. Current Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, By End Use, 2025-2032
6.6.2.1. Food & Beverage Industry
6.6.2.2. Pharmaceuticals
6.6.2.3. Cosmetics & Personal Care
6.6.2.4. Household Products
6.6.3. Market Attractiveness Analysis: End Use
6.7. Global Cinnamon Market Outlook: Sales Channel
6.7.1. Historical Market Size (US$ Mn) and Volume (Tons) Analysis, By Sales Channel, 2019-2024
6.7.2. Current Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, By Sales Channel, 2025-2032
6.7.2.1.
6.7.2.1.1. Supermarkets/Hypermarkets
6.7.2.1.2. Specialty Stores
6.7.2.1.3. Online Retail
6.7.2.1.4. Convenience Stores
6.7.3. Market Attractiveness Analysis: Sales Channel
7. Global Cinnamon Market Outlook: Region
7.1. Historical Market Size (US$ Mn) and Volume (Tons) Analysis, By Region, 2019-2024
7.2. Current Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, By Region, 2025-2032
7.2.1. North America
7.2.2. Latin America
7.2.3. Europe
7.2.4. East Asia
7.2.5. South Asia and Oceania
7.2.6. Middle East & Africa
7.3. Market Attractiveness Analysis: Region
8. North America Cinnamon Market Outlook
8.1. Historical Market Size (US$ Mn) and Volume (Tons) Analysis, By Market, 2019-2024
8.1.1. By Country
8.1.2. By Type
8.1.3. By Source
8.1.4. By Form
8.1.5. By End Use
8.1.6. By Sales Channel
8.2. Current Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, By Country, 2025-2032
8.2.1. U.S.
8.2.2. Canada
8.3. Current Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, By Type, 2025-2032
8.3.1. Ceylon
8.3.2. Saigon
8.3.3. Cassia
8.3.4. Korintje
8.4. Current Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, By Source, 2025-2032
8.4.1. Organic
8.4.2. Conventional
8.5. Current Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, By Form, 2025-2032
8.5.1. Whole
8.5.2. Ground
8.5.3. Oil
8.5.4. Liquid Extract
8.6. Current Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, By End Use, 2025-2032
8.6.1. Food & Beverage Industry
8.6.2. Pharmaceuticals
8.6.3. Cosmetics & Personal Care
8.6.4. Household Products
8.7. Current Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, By Sales Channel, 2025-2032
8.7.1. Supermarkets/Hypermarkets
8.7.2. Specialty Stores
8.7.3. Online Retail
8.7.4. Convenience Stores
8.8. Market Attractiveness Analysis
9. Europe Cinnamon Market Outlook
9.1. Historical Market Size (US$ Mn) and Volume (Tons) Analysis, By Market, 2019-2024
9.1.1. By Country
9.1.2. By Type
9.1.3. By Source
9.1.4. By Form
9.1.5. By End Use
9.1.6. By Sales Channel
9.2. Current Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, By Country, 2025-2032
9.2.1. Germany
9.2.2. France
9.2.3. U.K.
9.2.4. Italy
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Current Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, By Type, 2025-2032
9.3.1. Ceylon
9.3.2. Saigon
9.3.3. Cassia
9.3.4. Korintje
9.4. Current Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, By Source, 2025-2032
9.4.1. Organic
9.4.2. Conventional
9.5. Current Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, By Form, 2025-2032
9.5.1. Whole
9.5.2. Ground
9.5.3. Oil
9.5.4. Liquid Extract
9.6. Current Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, By End Use, 2025-2032
9.6.1. Food & Beverage Industry
9.6.2. Pharmaceuticals
9.6.3. Cosmetics & Personal Care
9.6.4. Household Products
9.7. Current Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, By Sales Channel, 2025-2032
9.7.1. Supermarkets/Hypermarkets
9.7.2. Specialty Stores
9.7.3. Online Retail
9.7.4. Convenience Stores
9.8. Market Attractiveness Analysis
10. East Asia Cinnamon Market Outlook
10.1. Historical Market Size (US$ Mn) and Volume (Tons) Analysis, By Market, 2019-2024
10.1.1. By Country
10.1.2. By Type
10.1.3. By Source
10.1.4. By Form
10.1.5. By End Use
10.1.6. By Sales Channel
10.2. Current Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, By Country, 2025-2032
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.3. Current Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, By Type, 2025-2032
10.3.1. Ceylon
10.3.2. Saigon
10.3.3. Cassia
10.3.4. Korintje
10.4. Current Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, By Source, 2025-2032
10.4.1. Organic
10.4.2. Conventional
10.5. Current Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, By Form, 2025-2032
10.5.1. Whole
10.5.2. Ground
10.5.3. Oil
10.5.4. Liquid Extract
10.6. Current Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, By End Use, 2025-2032
10.6.1. Food & Beverage Industry
10.6.2. Pharmaceuticals
10.6.3. Cosmetics & Personal Care
10.6.4. Household Products
10.7. Current Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, By Sales Channel, 2025-2032
10.7.1. Supermarkets/Hypermarkets
10.7.2. Specialty Stores
10.7.3. Online Retail
10.7.4. Convenience Stores
10.8. Market Attractiveness Analysis
11. South Asia & Oceania Cinnamon Market Outlook:
11.1. Historical Market Size (US$ Mn) and Volume (Tons) Analysis, By Market, 2019-2024
11.1.1. By Country
11.1.2. By Type
11.1.3. By Source
11.1.4. By Form
11.1.5. By End Use
11.1.6. By Sales Channel
11.2. Current Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, By Country, 2025-2032
11.2.1. India
11.2.2. Indonesia
11.2.3. Thailand
11.2.4. Singapore
11.2.5. ANZ
11.2.6. Rest of South Asia & Oceania
11.3. Current Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, By Type, 2025-2032
11.3.1. Ceylon
11.3.2. Saigon
11.3.3. Cassia
11.3.4. Korintje
11.4. Current Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, By Source, 2025-2032
11.4.1. Organic
11.4.2. Conventional
11.5. Current Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, By Form, 2025-2032
11.5.1. Whole
11.5.2. Ground
11.5.3. Oil
11.5.4. Liquid Extract
11.6. Current Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, By End Use, 2025-2032
11.6.1. Food & Beverage Industry
11.6.2. Pharmaceuticals
11.6.3. Cosmetics & Personal Care
11.6.4. Household Products
11.7. Current Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, By Sales Channel, 2025-2032
11.7.1. Supermarkets/Hypermarkets
11.7.2. Specialty Stores
11.7.3. Online Retail
11.7.4. Convenience Stores
11.8. Market Attractiveness Analysis
12. Latin America Cinnamon Market Outlook:
12.1. Historical Market Size (US$ Mn) and Volume (Tons) Analysis, By Market, 2019-2024
12.1.1. By Country
12.1.2. By Type
12.1.3. By Source
12.1.4. By Form
12.1.5. By End Use
12.1.6. By Sales Channel
12.2. Current Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, By Country, 2025-2032
12.2.1. Brazil
12.2.2. Mexico
12.2.3. Rest of Latin America
12.3. Current Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, By Type, 2025-2032
12.3.1. Ceylon
12.3.2. Saigon
12.3.3. Cassia
12.3.4. Korintje
12.4. Current Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, By Source, 2025-2032
12.4.1. Organic
12.4.2. Conventional
12.5. Current Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, By Form, 2025-2032
12.5.1. Whole
12.5.2. Ground
12.5.3. Oil
12.5.4. Liquid Extract
12.6. Current Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, By End Use, 2025-2032
12.6.1. Food & Beverage Industry
12.6.2. Pharmaceuticals
12.6.3. Cosmetics & Personal Care
12.6.4. Household Products
12.7. Current Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, By Sales Channel, 2025-2032
12.7.1. Supermarkets/Hypermarkets
12.7.2. Specialty Stores
12.7.3. Online Retail
12.7.4. Convenience Stores
12.8. Market Attractiveness Analysis
13. Middle East & Africa Cinnamon Market Outlook:
13.1. Historical Market Size (US$ Mn) and Volume (Tons) Analysis, By Market, 2019-2024
13.1.1. By Country
13.1.2. By Type
13.1.3. By Source
13.1.4. By Form
13.1.5. By Sales Channel
13.2. Current Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, By Country, 2025-2032
13.2.1. GCC Countries
13.2.2. Egypt
13.2.3. South Africa
13.2.4. Northern Africa
13.2.5. Rest of Middle East & Africa
13.3. Current Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, By Type, 2025-2032
13.3.1. Ceylon
13.3.2. Saigon
13.3.3. Cassia
13.3.4. Korintje
13.4. Current Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, By Source, 2025-2032
13.4.1. Organic
13.4.2. Conventional
13.5. Current Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, By Form, 2025-2032
13.5.1. Whole
13.5.2. Ground
13.5.3. Oil
13.5.4. Liquid Extract
13.6. Current Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, By End Use, 2025-2032
13.6.1. Food & Beverage Industry
13.6.2. Pharmaceuticals
13.6.3. Cosmetics & Personal Care
13.6.4. Household Products
13.7. Current Market Size (US$ Mn) and Volume (Tons) Analysis and Forecast, By Sales Channel, 2025-2032
13.7.1. Supermarkets/Hypermarkets
13.7.2. Specialty Stores
13.7.3. Online Retail
13.7.4. Convenience Stores
13.8. Market Attractiveness Analysis
14. Competition Landscape
14.1. Market Share Analysis, 2025
14.2. Market Structure
14.2.1. Competition Intensity Mapping By Market
14.2.2. Competition Dashboard
14.3. Company Profiles (Details - Overview, Financials, Strategy, Recent Developments)
14.3.1. McCormick & Company
14.3.1.1. Overview
14.3.1.2. Segments and Type
14.3.1.3. Key Financials
14.3.1.4. Market Developments
14.3.1.5. Market Strategy
14.3.2. Cinnatopia
14.3.3. G.P. de Silva & Sons International (Pvt) Ltd.
14.3.4. Ceylon Spice Company
14.3.5. Elite Spice
14.3.6. FutureCeuticals
14.3.7. Kahawatte Plantations PLC
14.3.8. High Plains Spice Company
14.3.9. Natural Spices of Grenada
14.3.10. Lemur International, Inc
14.3.11. New Lanka Cinnamon Pvt. Ltd
14.3.12. Great American Spice Co
14.3.13. Risun Bio-Tech Inc.
14.3.14. Monterey Bay Spice Company
14.3.15. The Organic Cinnamon
14.3.16. Others
15. Appendix
15.1. Research Methodology
15.2. Research Assumptions
15.3. Acronyms and Abbreviations
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