Market Overview:
The global oleum cinnamomi market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for oleum cinnamomi in various applications such as chemical, cosmetic, and others. Oleum cinnamomi is used in various end-use industries owing to its properties such as anti-inflammatory, analgesic, antiseptic, and others. North America dominates the global oleum cinnamomi market due to the presence of major players operating in this region and also due to the high demand for oleum cinnamomi from various end-use industries.
Product Definition:
Oleum Cinnamomi is a volatile oil made from the bark of the cinnamon tree. It is used as a flavoring agent and as an ingredient in some cough syrups and liniments.
Cinnamon Leaf Oil:
Cinnamon leaf oil is the essential oil obtained from the leaves of Cinnamomum zeylanicum and Cinnamomum cassia. It has a warm, sweet fragrance similar to that of cinnamon itself. The main chemical constituent found in this essential oil is cinnamaldehyde, which has been known to have therapeutic properties including anti-inflammatory, antifungal and antiviral activities.
Cinnamon Bark Oil:
Cinnamon bark oil is a natural product and it has been used for centuries in Asia Pacific region to treat stomach disorders, infections, and skin problems. It helps cure several health issues related to digestion including gas, nausea, heartburn & indigestion. The main active compounds present in cinnamon bark oil are cinnamaldehyde and eugenol. These two compounds when applied topically help reduce the inflammation of skin as well as lower levels of blood sugar (glycemic index).
Application Insights:
The chemical segment dominated the global oleum cinnamomi market in terms of revenue share in 2017. Oleum cinnamomi is widely utilized for the production of chemicals and related products such as polymers, resins, dyes and pigments, adhesives & sealants. The growing demand for these chemical compounds from various end-use industries including construction materials, coatings & elastomers manufacturing is expected to drive the product demand over the forecast period.
Cosmetic application was one of the fastest-growing segments with a CAGR around 11% from 2018 to 2030 on account of increasing use oleum cinnamomi as an ingredient in skincare creams and lotions due to its antioxidant properties that help reduce skin damage caused by free radicals. In addition, it helps improve skin texture by reducing wrinkles while improving skin elasticity and moisture retention capacity which further supports its consumption as an ingredient in cosmetic formulations across various regions globally.
Regional Analysis:
North America was the second-largest regional market in 2017. The region is expected to maintain its dominance over the forecast period owing to high product consumption in cosmetic and other applications. In addition, growing consumer awareness regarding health and wellness is anticipated to fuel industry growth over the next eight years.
Asia Pacific is projected to be one of the fastest-growing regions during the same period owing to increasing product demand from various end-use industries such as fragrance, cosmetics, food & beverage, pharmaceuticals, nutraceuticals due cinnamon leaf oil’s antimicrobial properties and antifungal properties while cinnamon bark oil has anti-inflammatory effect on arthritis suffers) coupled with rising disposable income levels in emerging economies like China and India). These factors are likely boost oleum cinnamomi market growth over coming years.
Growth Factors:
- Increasing demand for Oleum Cinnamomi in food and beverage industry as a flavoring agent.
- Rising awareness about the health benefits of Oleum Cinnamomi among consumers.
- Growing use of Oleum Cinnamomi in traditional medicines for the treatment of various diseases and disorders.
- Increasing popularity of aromatherapy and essential oils therapies, which is driving the demand for Oleum Cinnamomi globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Oleum Cinnamomi Market Research Report
By Type
Cinnamon Leaf Oil, Cinnamon Bark Oil
By Application
Chemical, Cosmetic, Others
By Companies
Cassia Co-op, Guangxi Jinggui, Guangxi Pengbo, Rongxian Ruifeng, PT Mitra Ayu Adi Pratama, Tung Lam, Dong Duong, Nature’s Agro Products Lanka, Guangxi Gengyuan, Agrideco Vietnam, Segment by Type, Cinnamon Leaf Oil
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
171
Number of Tables & Figures
120
Customization Available
Yes, the report can be customized as per your need.
Global Oleum Cinnamomi Market Report Segments:
The global Oleum Cinnamomi market is segmented on the basis of:
Types
Cinnamon Leaf Oil, Cinnamon Bark Oil
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Chemical, Cosmetic, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Cassia Co-op
- Guangxi Jinggui
- Guangxi Pengbo
- Rongxian Ruifeng
- PT Mitra Ayu Adi Pratama
- Tung Lam
- Dong Duong
- Nature’s Agro Products Lanka
- Guangxi Gengyuan
- Agrideco Vietnam
- Segment by Type
- Cinnamon Leaf Oil
Highlights of The Oleum Cinnamomi Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cinnamon Leaf Oil
- Cinnamon Bark Oil
- By Application:
- Chemical
- Cosmetic
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Oleum Cinnamomi Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Oleum cinnamomi is a type of essential oil derived from cinnamon. It has a sweet, spicy, and woody scent.
Some of the key players operating in the oleum cinnamomi market are Cassia Co-op, Guangxi Jinggui, Guangxi Pengbo, Rongxian Ruifeng, PT Mitra Ayu Adi Pratama, Tung Lam, Dong Duong, Nature’s Agro Products Lanka, Guangxi Gengyuan, Agrideco Vietnam, Segment by Type, Cinnamon Leaf Oil.
The oleum cinnamomi market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Oleum Cinnamomi Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Oleum Cinnamomi Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Oleum Cinnamomi Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Oleum Cinnamomi Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Oleum Cinnamomi Market Size & Forecast, 2020-2028
4.5.1 Oleum Cinnamomi Market Size and Y-o-Y Growth
4.5.2 Oleum Cinnamomi Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Cinnamon Leaf Oil
5.2.2 Cinnamon Bark Oil
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Chemical
6.2.2 Cosmetic
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Oleum Cinnamomi Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Oleum Cinnamomi Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Cinnamon Leaf Oil
9.6.2 Cinnamon Bark Oil
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Chemical
9.10.2 Cosmetic
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Cinnamon Leaf Oil
10.6.2 Cinnamon Bark Oil
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Chemical
10.10.2 Cosmetic
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Cinnamon Leaf Oil
11.6.2 Cinnamon Bark Oil
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Chemical
11.10.2 Cosmetic
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Cinnamon Leaf Oil
12.6.2 Cinnamon Bark Oil
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Chemical
12.10.2 Cosmetic
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Cinnamon Leaf Oil
13.6.2 Cinnamon Bark Oil
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Chemical
13.10.2 Cosmetic
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Oleum Cinnamomi Market: Competitive Dashboard
14.2 Global Oleum Cinnamomi Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cassia Co-op
14.3.2 Guangxi Jinggui
14.3.3 Guangxi Pengbo
14.3.4 Rongxian Ruifeng
14.3.5 PT Mitra Ayu Adi Pratama
14.3.6 Tung Lam
14.3.7 Dong Duong
14.3.8 Nature’s Agro Products Lanka
14.3.9 Guangxi Gengyuan
14.3.10 Agrideco Vietnam
14.3.11 Segment by Type
14.3.12 Cinnamon Leaf Oil
