The Global Tribune

Cinnamon Market To Witness Commendable Growth by 2025 | Key Players: Adam Group, Elite Spice, HDDES Group, EOAS International, EHL Ingredients and Bio Foods | Million Insights

 Breaking News
  • No posts were found

Cinnamon Market To Witness Commendable Growth by 2025 | Key Players: Adam Group, Elite Spice, HDDES Group, EOAS International, EHL Ingredients and Bio Foods | Million Insights

March 10
17:40 2020
Cinnamon Market To Witness Commendable Growth by 2025 | Key Players: Adam Group, Elite Spice, HDDES Group, EOAS International, EHL Ingredients and Bio Foods | Million Insights

Million Insights – World’s Fastest Growing Market Research Database
According to new report available with Million Insights, the global cinnamon industry is predicted to grow at higher CAGR in the forecast period, providing numerous opportunities for market players to invest in research and development of the market.

Market Snapshot:

The global Cinnamon Market was valued at US$ 760.2 million in 2018 and is estimated to grow at a CAGR of 13.8% and will touch the value of US$ 1.9 billion by the completion of the year 2025. This could be attributed to the ever-increasing awareness regarding health benefits provided by cinnamon. Healthy food habits and nutrition are topping the agenda of modern lives these days.

As such, cinnamon has found its presence in food & beverage sector as a preservative for loads of food products; basically due to its anti-fungal and anti-bacterial properties. Besides, healthcare experts opine that cinnamaldehyde; one of the active components in cinnamon oil; does help in the prevention of blood platelets’ undesirable clotting.

Get Sample PDF and read more details about the “Cinnamon Market” Report 2025.

Market Scope:

The market’s growth is also getting impacted by the customers’ rising inclination toward cinnamon’s online purchase. Competitive pricing and shopping convenience catalyze online sales of cinnamon. Moreover, ease in the product’s accessibility makes it easily available.

Market Segmentation:

The cinnamon market is segmented based on product, application, distribution channels, and geography. By product, the segmentation goes like Ceylon, Saigon, Korintje, Cassia, and others (Malabar, Indian, and more). By application, the cinnamon industry goes like medicines, cosmetics, and food & beverage. By distribution channel, the segmentation states supermarkets, hypermarkets, online retailers, specialty stores, and convenience stores. By geography, the same market says North America, Europe, Asia Pacific, LATAM, and MEA.

Regional Insights:

Asia Pacific rules the roost due to presence of prominent economies producing cinnamon herein. Plus, extensive research is being carried out regarding medical applications. This is likely to drive the cinnamon market in North America (Canada in particular, as it is a home to chain of restaurants). Europe could also follow suit. LATAM is slowly picking up due to Brazil taking the lead.

Players:

The players contributing to the cinnamon market include Adam Group, Elite Spice, HDDES Group, EOAS International, EHL Ingredients, C.F. Sauer Company, Bio Foods (Pvt.) Ltd., Ceylon Spice Company, Bart Ingredients, and ACH Food Companies.

Full Research Report On Global Cinnamon Market Analysis available at: https://www.millioninsights.com/industry-reports/cinnamon-market

Market Segment:

Cinnamon Product Outlook (Revenue, USD Million, 2015 – 2025)
    • Ceylon
    • Cassia
    • Saigon
    • Korintje

Cinnamon Application Outlook (Revenue, USD Million, 2015 – 2025)
    • Residential
    • Commercial

Cinnamon Region Outlook (Revenue, USD Million, 2015 – 2025)
    • North America
        • U.S.
    • Europe
        • Germany
        • U.K.
    • Asia Pacific
        • Japan
        • India
    • Central & South America
        • Peru
    • Middle East & Africa
        • UAE

Browse Detailed TOC of Cinnamon Market Report @ https://www.millioninsights.com/industry-reports/cinnamon-market/table-of-content         

About Million Insights
Million Insights, is a distributor of market research reports, published by premium publishers only. We have a comprehensive market place that will enable you to compare data points, before you make a purchase. Enabling informed buying is our motto and we strive hard to ensure that our clients get to browse through multiple samples, prior to an investment. Service flexibility & the fastest response time are two pillars, on which our business model is founded. Our market research report store, includes in-depth reports, from across various industry verticals, such as healthcare, technology, chemicals, food & beverages, consumer goods, material science & automotive.

For More Information: www.millioninsights.com

Media Contact
Company Name: Million Insights
Contact Person: Ryan Manuel
Email: Send Email
Phone: 91-20-65300184
Address:Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar
City: Pune
State: Maharashtra
Country: India
Website: https://www.millioninsights.com/industry-reports/cinnamon-market