Market Overview:
The global organic cinnamon market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for organic food products and rising awareness about the benefits of organic products. Organic cinnamon is available in two forms: whole and extract form. Whole form is used as a spice, while extract form is used for its medicinal properties. The food industry accounted for the majority share of the global organic cinnamon market in 2017 and is projected to grow at a CAGR of 6.8% during the forecast period. This can be attributed to the increasing demand for healthy foods and beverages across regions worldwide. Organic cinnamon finds application in various end-use industries such as catering, personal care & cosmetics, and other industries including pharmaceuticals, nutraceuticals, etc.
Product Definition:
Organic Cinnamon is a type of cinnamon that is made from organically grown plants. It is often used as a spice in food, and has a number of health benefits.
Whole Cinnamon:
Cinnamon is the spice that gives flavor and taste to a variety of food products. It is obtained from the branches of the Cinnamomum tree family, which also produces items such as eucalyptus, myrrh, and cassia. The most common types of cinnamon used in foods are Ceylon (Sri Lanka) and Cassia (China).
The Whole cinnamon has different health benefits as compared to extracts or oils.
Extract Cinnamon:
Extract cinnamon is a concentrated form of the spice, which is obtained from the branches of Cinnamomum tree family. The product has high demand in organic cinnamon market as it has better flavor and less amount of chemicals used for its extraction. It also helps to retain the authentic taste and flavor in food products.
The product can be consumed directly or used as an ingredient for cooking purpose, bakery items, beverages like tea and coffee etc.
Application Insights:
The food industry accounted for more than half of the overall revenue share in 2017. The product is widely used as a spice and flavoring agent in bakery, confectionery, dairy products, meat products and poultry. Organic cinnamon is grown without the use of any pesticides or chemical fertilizers. It has a rich warm taste that enhances the flavor of various foods & beverages items such as cakes, cookies, pastries & pies; chocolates; ice creams; yogurts & smoothies; soups and stews etcetera.
Beverage industry emerged as another key segment with significant growth over the forecast period owing to rising demand for organic cinnamons from countries such as India China Indonesia Malaysia Philippines Thailand etcetera which are major consumers of this product variety.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing product demand from various end-use industries, such as food and beverage, personal care and cosmetics. Furthermore, rising consumer disposable income levels in emerging countries of Asia Pacific are expected to fuel industry expansion over the coming years.
The Middle East & Africa is anticipated to be one of the fastest-growing regional markets due to rapid urbanization along with growing population in countries such as Nigeria and Ethiopia that have a high import ratio of organic products compared with other regions. In addition, increasing foreign investments coupled with favorable government policies are projected to boost industry expansion over the forecast period.
Growth Factors:
- Increasing demand for organic food products: The global market for organic food is projected to grow at a CAGR of more than 14% from 2016 to 2021. This growth can be attributed to the increasing awareness about the benefits of organic foods among consumers across the world.
- Rising consumer preference for natural and healthy ingredients: A growing number of consumers are preferring natural and healthy ingredients in their food products. This is driving the demand for organic cinnamon, as it is a naturally derived ingredient.
- Growing popularity of functional foods: Functional foods are those that offer additional health benefits beyond basic nutrition. They are becoming increasingly popular among consumers, especially in developed countries such as the US and Europe, due to their health-promoting properties. Organic cinnamon is a key ingredient in many functional foods, thus contributing to its growth prospects.
Scope Of The Report
Report Attributes
Report Details
Report Title
Organic Cinnamon Market Research Report
By Type
Whole Cinnamon, Extract Cinnamon
By Application
Food Industry, Beverage Industry, Catering, Personal Care and Cosmetics, Other
By Companies
McCormick & Company, Cinnatopia, G.P. de Silva & Sons International (Pvt) Ltd., Ceylon Spice, Elite Spice, FutureCeuticals, Kahawatte Plantations, High Plains Spice, Natural Spices of Grenada, Lemur International, New Lanka Cinnamon, Great American Spice, Risun Bio-Tech, Monterey Bay Spice, The Organic Cinnamon
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Organic Cinnamon Market Report Segments:
The global Organic Cinnamon market is segmented on the basis of:
Types
Whole Cinnamon, Extract Cinnamon
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
Food Industry, Beverage Industry, Catering, Personal Care and Cosmetics, Other
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:
- McCormick & Company
- Cinnatopia
- G.P. de Silva & Sons International (Pvt) Ltd.
- Ceylon Spice
- Elite Spice
- FutureCeuticals
- Kahawatte Plantations
- High Plains Spice
- Natural Spices of Grenada
- Lemur International
- New Lanka Cinnamon
- Great American Spice
- Risun Bio-Tech
- Monterey Bay Spice
- The Organic Cinnamon
Highlights of The Organic Cinnamon 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:
- Whole Cinnamon
- Extract Cinnamon
- By Application:
- Food Industry
- Beverage Industry
- Catering
- Personal Care and Cosmetics
- Other
- 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 Organic Cinnamon 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?
Organic cinnamon is a type of cinnamon that has been grown without the use of pesticides or other chemicals.
Some of the major players in the organic cinnamon market are McCormick & Company, Cinnatopia, G.P. de Silva & Sons International (Pvt) Ltd., Ceylon Spice, Elite Spice, FutureCeuticals, Kahawatte Plantations, High Plains Spice, Natural Spices of Grenada, Lemur International, New Lanka Cinnamon, Great American Spice, Risun Bio-Tech, Monterey Bay Spice, The Organic Cinnamon.
The organic cinnamon market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Organic Cinnamon 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 Organic Cinnamon Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Organic Cinnamon 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 Organic Cinnamon 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 Organic Cinnamon Market Size & Forecast, 2018-2028
4.5.1 Organic Cinnamon Market Size and Y-o-Y Growth
4.5.2 Organic Cinnamon Market Absolute $ Opportunity
Chapter 5 Global Organic Cinnamon 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 Organic Cinnamon Market Size Forecast by Type
5.2.1 Whole Cinnamon
5.2.2 Extract Cinnamon
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Organic Cinnamon 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 Organic Cinnamon Market Size Forecast by Applications
6.2.1 Food Industry
6.2.2 Beverage Industry
6.2.3 Catering
6.2.4 Personal Care and Cosmetics
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Organic Cinnamon 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 Organic Cinnamon 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 Organic Cinnamon Analysis and Forecast
9.1 Introduction
9.2 North America Organic Cinnamon 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 Organic Cinnamon Market Size Forecast by Type
9.6.1 Whole Cinnamon
9.6.2 Extract Cinnamon
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 Organic Cinnamon Market Size Forecast by Applications
9.10.1 Food Industry
9.10.2 Beverage Industry
9.10.3 Catering
9.10.4 Personal Care and Cosmetics
9.10.5 Other
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 Organic Cinnamon Analysis and Forecast
10.1 Introduction
10.2 Europe Organic Cinnamon 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 Organic Cinnamon Market Size Forecast by Type
10.6.1 Whole Cinnamon
10.6.2 Extract Cinnamon
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 Organic Cinnamon Market Size Forecast by Applications
10.10.1 Food Industry
10.10.2 Beverage Industry
10.10.3 Catering
10.10.4 Personal Care and Cosmetics
10.10.5 Other
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 Organic Cinnamon Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Organic Cinnamon 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 Organic Cinnamon Market Size Forecast by Type
11.6.1 Whole Cinnamon
11.6.2 Extract Cinnamon
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 Organic Cinnamon Market Size Forecast by Applications
11.10.1 Food Industry
11.10.2 Beverage Industry
11.10.3 Catering
11.10.4 Personal Care and Cosmetics
11.10.5 Other
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 Organic Cinnamon Analysis and Forecast
12.1 Introduction
12.2 Latin America Organic Cinnamon 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 Organic Cinnamon Market Size Forecast by Type
12.6.1 Whole Cinnamon
12.6.2 Extract Cinnamon
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 Organic Cinnamon Market Size Forecast by Applications
12.10.1 Food Industry
12.10.2 Beverage Industry
12.10.3 Catering
12.10.4 Personal Care and Cosmetics
12.10.5 Other
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) Organic Cinnamon Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Organic Cinnamon 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) Organic Cinnamon Market Size Forecast by Type
13.6.1 Whole Cinnamon
13.6.2 Extract Cinnamon
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) Organic Cinnamon Market Size Forecast by Applications
13.10.1 Food Industry
13.10.2 Beverage Industry
13.10.3 Catering
13.10.4 Personal Care and Cosmetics
13.10.5 Other
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 Organic Cinnamon Market: Competitive Dashboard
14.2 Global Organic Cinnamon Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 McCormick & Company
14.3.2 Cinnatopia
14.3.3 G.P. de Silva & Sons International (Pvt) Ltd.
14.3.4 Ceylon Spice
14.3.5 Elite Spice
14.3.6 FutureCeuticals
14.3.7 Kahawatte Plantations
14.3.8 High Plains Spice
14.3.9 Natural Spices of Grenada
14.3.10 Lemur International
14.3.11 New Lanka Cinnamon
14.3.12 Great American Spice
14.3.13 Risun Bio-Tech
14.3.14 Monterey Bay Spice
14.3.15 The Organic Cinnamon
