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Cinnamon Market Report and Forecast 2025-2034

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    Report

  • 155 Pages
  • July 2025
  • Region: Global
  • Expert Market Research
  • ID: 6162871
The global cinnamon market is expected to grow at a CAGR of 7.90% during the period 2025-2034. The market is expected to be driven by applications of cinnamon in foods and its medicinal benefits. North America, Europe and Asia are likely to be key markets.

Global Market Likely to be Driven by Health Benefits of Cinnamon and Several Other Applications

Cinnamon (the genus Cinnamomum) is a small tropical tree belonging to the lauraceae family. There are around 250 species of Cinnamomum. Essential oils extracted from cinnamon are commonly used in the food and cosmetic industries. Cinnamon comprises natural antioxidant, anti-microbial and anti-inflammatory components, like volatile oils, flavonoids, curcuminoids, coumarins, tannins, alkaloids, xanthones, terpenoids, phenolics and other compounds in considerable amounts. Cinnamon is mainly cultivated in India, Vietnam, Indonesia, Sri Lanka, China, and Madagascar.

Benefits Offered by Cinnamon in Diabetes and Cardiovascular Diseases Expected to Boost Market Growth

Diabetes and cardiovascular diseases are major causes of death across the world; traditionally, cinnamon has been employed as an important spice as well as medicine. Studies have reported beneficial effects of cinnamon against cardiovascular diseases, including endothelium protection, immune response regulation, lowering blood lipids, antioxidative properties, anti-inflammatory properties, suppression of vascular smooth muscle cell (VSMC) growth and mobilization, repression of platelet activity and thrombosis and inhibition of angiogenesis.

It has been further suggested that cinnamon helps in diabetes (a crucial risk factor for cardiovascular diseases) by improving insulin sensitivity and insulin secretion; regulating enzyme activity involved in glucose; regulating glucose metabolism in liver, adipose tissue and muscle; relieving oxidative stress and inflammation to defend islet cells; and improving complications related to diabetes. These factors are expected to contribute to the growth of the global cinnamon market.

Use of Cinnamon in Poultry Feed Expected to Stimulate the Market

Increased bacterial resistance to synthetic antibiotics and rising consumer awareness towards health and food safety concerns have led to a ban on the use of antibiotic growth promotors (AGPs) in the poultry industry. The poultry sector has been forced to seek safe alternatives to AGPs and develop sustainable feed management strategies to enhance intestinal health and growth performance of poultry. In recent years, cinnamon has gained much attention as a natural product with several health benefits to poultry. The essential oils present in cinnamon carry antioxidant, anti-microbial, anti-inflammatory, antifungal, and hypocholesterolaemic properties, and the ability to stimulate digestive enzymes in the gut.

Use of Cinnamon in Foods and Cosmetics Expected to Boost the Market

Cinnamon is used in savoury dishes, pickles, soups, and sweets. Cinnamon bark, leaves, flowers and fruits are used to make essential oils, used in cosmetics and food products. In some European nations, cinnamon-flavoured foods are becoming increasingly popular. C. cassia is more popular than C. verum in Europe. Biscuits containing cinnamon are popular in Germany. In the northern part of Greece, meat with cinnamon is a popular traditional food. Cinnamon rolls are popular in USA. These uses are expected to drive the global cinnamon market.

Market Segmentation

The report titled “Cinnamon Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:

Market Breakup by Form

  • Whole
  • Extract
  • Powder
  • Oil

Market Breakup by Product

  • Ceylon
  • Cassia
  • Saigon
  • Korintje

Market Breakup by Application

  • Food and Beverage
  • Cosmetics
  • Pharmaceuticals
  • Others

Market Breakup by Distribution Channel

  • Offline
  • Online

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Key Industry Players in the Global Cinnamon Market

The report presents a detailed analysis of the following key players in the market, looking into their capacity, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
  • Pure Ceylon Cinnamon
  • Biofoods Pvt Ltd (BIBP)
  • HDDES Group
  • Sauer Brands, Inc.
  • First Spice Mixing Company Inc.
  • Elite Spice, Inc.
  • Others
The report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

Table of Contents

1 Executive Summary
1.1 Market Size 2024-2025
1.2 Market Growth 2025(F)-2034(F)
1.3 Key Demand Drivers
1.4 Key Players and Competitive Structure
1.5 Industry Best Practices
1.6 Recent Trends and Developments
1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends
2.2 Key Verticals
2.3 Key Regions
2.4 Supplier Power
2.5 Buyer Power
2.6 Key Market Opportunities and Risks
2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook
3.2 GDP Per Capita Growth
3.3 Inflation Trends
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Balance of Payment (BoP) Position
3.7 Population Outlook
3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk
4.2 Business Climate
5 Global Cinnamon Market Analysis
5.1 Key Industry Highlights
5.2 Global Cinnamon Historical Market (2018-2024)
5.3 Global Cinnamon Market Forecast (2025-2034)
5.4 Global Cinnamon Market by Form
5.4.1 Whole
5.4.1.1 Historical Trend (2018-2024)
5.4.1.2 Forecast Trend (2025-2034)
5.4.2 Extract
5.4.2.1 Historical Trend (2018-2024)
5.4.2.2 Forecast Trend (2025-2034)
5.4.2.3 Breakup by Form
5.4.2.3.1 Powder
5.4.2.3.2 Oil
5.5 Global Cinnamon Market by Product
5.5.1 Ceylon
5.5.1.1 Historical Trend (2018-2024)
5.5.1.2 Forecast Trend (2025-2034)
5.5.2 Cassia
5.5.2.1 Historical Trend (2018-2024)
5.5.2.2 Forecast Trend (2025-2034)
5.5.3 Saigon
5.5.3.1 Historical Trend (2018-2024)
5.5.3.2 Forecast Trend (2025-2034)
5.5.4 Korintje
5.5.4.1 Historical Trend (2018-2024)
5.5.4.2 Forecast Trend (2025-2034)
5.6 Global Cinnamon Market by Application
5.6.1 Food and Beverage
5.6.1.1 Historical Trend (2018-2024)
5.6.1.2 Forecast Trend (2025-2034)
5.6.2 Cosmetics
5.6.2.1 Historical Trend (2018-2024)
5.6.2.2 Forecast Trend (2025-2034)
5.6.3 Pharmaceuticals
5.6.3.1 Historical Trend (2018-2024)
5.6.3.2 Forecast Trend (2025-2034)
5.6.4 Others
5.7 Global Cinnamon Market by Distribution Channel
5.7.1 Offline
5.7.1.1 Historical Trend (2018-2024)
5.7.1.2 Forecast Trend (2025-2034)
5.7.2 Online
5.7.2.1 Historical Trend (2018-2024)
5.7.2.2 Forecast Trend (2025-2034)
5.8 Global Cinnamon Market by Region
5.8.1 North America
5.8.1.1 Historical Trend (2018-2024)
5.8.1.2 Forecast Trend (2025-2034)
5.8.2 Europe
5.8.2.1 Historical Trend (2018-2024)
5.8.2.2 Forecast Trend (2025-2034)
5.8.3 Asia Pacific
5.8.3.1 Historical Trend (2018-2024)
5.8.3.2 Forecast Trend (2025-2034)
5.8.4 Latin America
5.8.4.1 Historical Trend (2018-2024)
5.8.4.2 Forecast Trend (2025-2034)
5.8.5 Middle East and Africa
5.8.5.1 Historical Trend (2018-2024)
5.8.5.2 Forecast Trend (2025-2034)
6 North America Cinnamon Market Analysis
6.1 United States of America
6.1.1 Historical Trend (2018-2024)
6.1.2 Forecast Trend (2025-2034)
6.2 Canada
6.2.1 Historical Trend (2018-2024)
6.2.2 Forecast Trend (2025-2034)
7 Europe Cinnamon Market Analysis
7.1 United Kingdom
7.1.1 Historical Trend (2018-2024)
7.1.2 Forecast Trend (2025-2034)
7.2 Germany
7.2.1 Historical Trend (2018-2024)
7.2.2 Forecast Trend (2025-2034)
7.3 France
7.3.1 Historical Trend (2018-2024)
7.3.2 Forecast Trend (2025-2034)
7.4 Italy
7.4.1 Historical Trend (2018-2024)
7.4.2 Forecast Trend (2025-2034)
7.5 Others
8 Asia Pacific Cinnamon Market Analysis
8.1 China
8.1.1 Historical Trend (2018-2024)
8.1.2 Forecast Trend (2025-2034)
8.2 Japan
8.2.1 Historical Trend (2018-2024)
8.2.2 Forecast Trend (2025-2034)
8.3 India
8.3.1 Historical Trend (2018-2024)
8.3.2 Forecast Trend (2025-2034)
8.4 ASEAN
8.4.1 Historical Trend (2018-2024)
8.4.2 Forecast Trend (2025-2034)
8.5 Australia
8.5.1 Historical Trend (2018-2024)
8.5.2 Forecast Trend (2025-2034)
8.6 Others
9 Latin America Cinnamon Market Analysis
9.1 Brazil
9.1.1 Historical Trend (2018-2024)
9.1.2 Forecast Trend (2025-2034)
9.2 Argentina
9.2.1 Historical Trend (2018-2024)
9.2.2 Forecast Trend (2025-2034)
9.3 Mexico
9.3.1 Historical Trend (2018-2024)
9.3.2 Forecast Trend (2025-2034)
9.4 Others
10 Middle East and Africa Cinnamon Market Analysis
10.1 Saudi Arabia
10.1.1 Historical Trend (2018-2024)
10.1.2 Forecast Trend (2025-2034)
10.2 United Arab Emirates
10.2.1 Historical Trend (2018-2024)
10.2.2 Forecast Trend (2025-2034)
10.3 Nigeria
10.3.1 Historical Trend (2018-2024)
10.3.2 Forecast Trend (2025-2034)
10.4 South Africa
10.4.1 Historical Trend (2018-2024)
10.4.2 Forecast Trend (2025-2034)
10.5 Others
11 Market Dynamics
11.1 SWOT Analysis
11.1.1 Strengths
11.1.2 Weaknesses
11.1.3 Opportunities
11.1.4 Threats
11.2 Porter’s Five Forces Analysis
11.2.1 Supplier’s Power
11.2.2 Buyer’s Power
11.2.3 Threat of New Entrants
11.2.4 Degree of Rivalry
11.2.5 Threat of Substitutes
11.3 Key Indicators for Demand
11.4 Key Indicators for Price
12 Value Chain Analysis
13 Trade Data Analysis (HS Code - 906)
13.1 Major Importing Countries
13.1.1 By Volume
13.1.2 By Value
13.2 Major Exporting Countries
13.2.1 By Volume
13.2.2 By Value
14 Price Analysis
14.1 North America Historical Price Trends (2018-2024) and Forecast (2025-2034)
14.2 Europe Historical Price Trends (2018-2024) and Forecast (2025-2034)
14.3 Asia Pacific Historical Price Trends (2018-2024) and Forecast (2025-2034)
14.4 Latin America Historical Price Trends (2018-2024) and Forecast (2025-2034)
14.5 Middle East and Africa Historical Price Trends (2018-2024) and Forecast (2025-2034)
15 Competitive Landscape
15.1 Supplier Selection
15.2 Key Global Players
15.3 Key Regional Players
15.4 Key Player Strategies
15.5 Company Profiles
15.5.1 Pure Ceylon Cinnamon
15.5.1.1 Company Overview
15.5.1.2 Product Portfolio
15.5.1.3 Demographic Reach and Achievements
15.5.1.4 Certifications
15.5.2 Biofoods Pvt Ltd (BIBP)
15.5.2.1 Company Overview
15.5.2.2 Product Portfolio
15.5.2.3 Demographic Reach and Achievements
15.5.2.4 Certifications
15.5.3 HDDES Group
15.5.3.1 Company Overview
15.5.3.2 Product Portfolio
15.5.3.3 Demographic Reach and Achievements
15.5.3.4 Certifications
15.5.4 Sauer Brands, Inc.
15.5.4.1 Company Overview
15.5.4.2 Product Portfolio
15.5.4.3 Demographic Reach and Achievements
15.5.4.4 Certifications
15.5.5 First Spice Mixing Company Inc.
15.5.5.1 Company Overview
15.5.5.2 Product Portfolio
15.5.5.3 Demographic Reach and Achievements
15.5.5.4 Certifications
15.5.6 Elite Spice, Inc.
15.5.6.1 Company Overview
15.5.6.2 Product Portfolio
15.5.6.3 Demographic Reach and Achievements
15.5.6.4 Certifications
15.5.7 Others

Companies Mentioned

  • Pure Ceylon Cinnamon
  • Biofoods Pvt Ltd (BIBP)
  • HDDES Group
  • Sauer Brands, Inc.
  • First Spice Mixing Company Inc.
  • Elite Spice, Inc.

Table Information