Portland, OR -- (SBWIRE) -- 08/14/2017 -- Cinnamon is a common spice present in the inner bark of different tree species from the genus Cinnamomum. It is used as an important ingredient in different food & beverage items such as bakery products, desserts, tea, and flavoring of several Asian cuisines. Cinnamon also has aromatic and medical significance, and is one of the essential components in Ayurveda & Chinese medicines as well as perfumery products.

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The various health benefits associated with cinnamon include lesser cholesterol & triglyceride levels; controlled blood pressure; anti-diabetic effect; prevention from neurological disorders, infections, and viruses; lower risk of cancer; and others.

The global cinnamon market is driven by rise in demand in numerous food products, including various savory dishes and beverages, and numerus health benefits associated with cinnamon. Asia-Pacific is the dominant region globally, with prominent cinnamon producing countries and a large market share. Strict regulations & scrutiny for exports and few side effects linked with cinnamon may hamper the market growth. Moreover, R&D activates related to cinnamon is anticipated to lead to new medical applications, thus providing potential growth opportunities for the industry.

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The report segments the cinnamon market on the basis of type, application, distribution channel, and geography. Based on type, it is divided into Ceylon cinnamon, cassia cinnamon, Saigon cinnamon, Korintje cinnamon, and others (Malabar cinnamon and Indian cinnamon). Cinnamon has various applications in different type of medicines, cosmetics, and food & beverage products. On the basis of distribution channel, the market is segmented into hypermarkets, supermarkets, online stores, convenience stores, and specialty stores. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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Comprehensive competitive analysis and profiles of major market players provided in the report are as follows:

ACH Food Companies
Adam Group
Bart Ingredients
Bio Foods (Pvt) Ltd.
C.F. Sauer Company
Ceylon Spice Company
EHL Ingredients
Elite Spice
EOAS International
HDDES GROUP

Cinnamon Market Key Segments:

By Type

Ceylon Cinnamon
Cassia Cinnamon
Saigon Cinnamon
Korintje Cinnamon
Others (Malabar Cinnamon, Indian Cinnamon, and more)

By Application

Food & Beverages
Medicines
Cosmetics
Distribution Channel

Hypermarkets
Supermarkets
Online Retailers
Convenience Stores
Specialty Stores

By Geography

North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Brazil
South Africa
Argentina
Turkey
Rest of LAMEA

Other Market Players:

Goya Foods
Pure Ceylon Cinnamon
SDS SPICES (PVT) LTD.
The C.F. Sauer Company
First Spice Mixing Company