Cinnamon Market Report 2025 (Global Edition)

Global Cinnamon Market Report 2025 Market Size Split by Product Type Outlook: (Ceylon Cinnamon, Cassia Cinnamon, Korintje Cinnamon, Saigon Cinnamon, Others), by Distribution Channel Outlook: (Hypermar...

Cinnamon Market Report Description

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Cinnamon Market Insights Video

Competitive Landscape of the Cinnamon Market

The cinnamon market is highly competitive, with major players like McCormick & Company, Nestlé, and Olam Group dominating global supply. These companies focus on product innovation, quality, and sustainable sourcing to differentiate themselves. Smaller players, such as local spice producers, also contribute to the market, offering regional advantages. The industry is influenced by factors such as price volatility, supply chain disruptions, and increasing demand for organic and ethically sourced cinnamon. Strategic partnerships and expanding distribution networks further enhance market competitiveness.

In May 2024, Döhler announced the expansion of its manufacturing facility in Paarl, South Africa, which represents a significant advancement in its operations in the African market. By improving product availability and tailoring its offerings, Döhler aims to strengthen its relationships with local customers and establish itself as a leading player in the food, beverage, life science, and nutrition industry in the region. (Source: https://www.doehler.com/en/news-media/details/doehler-announces-key-expansion-of-paarl-plant-to-deepen-local-market-connection.html) In April 2024, DS Group announced plans to invest USD 1.25 billion in advertising and marketing for its flagship Catch Spices brand in FY25. This investment aims to increase the brand’s visibility, expand its distribution in India's tier II and III cities, and capitalize on quick commerce platforms to stimulate growth. The considerable funding demonstrates the company's dedication to boosting the brand's presence in the spice market. (Source: https://www.business-standard.com/companies/news/ds-group-to-spend-rs-125-crore-in-fy25-to-expand-catch-spices-brand-124041700232_1.html) In July 2022, Bart Ingredients Company collaborated with The Space Creative, a Bristol-based agency, to revamp its brand and packaging to attract modern food enthusiasts while still appealing to its traditional customer base. Initially focusing on redesigning the packaging for Bart’s assortment of spice blends inspired by global cuisines, this new concept extended to cover its extensive product line of more than 100 items, including herbs, spices, chopped ingredients, pastes, salts, peppers, and seasonings. (Source: https://www.thespacecreative.com/news/rebranding-bart-ingredients-to-appeal-to-discerning-passionate-cooks)

Top Companies Market Share in Cinnamon Industry: (In no particular order of Rank)

• McCormick & Company
• Inc.
• Nestlé S.A.
• Cinnamongrove
• The Spice Hunter (Penzeys Spices)
• Frontier Co-op
• Badia Spices
• Olam Group
• Adani Wilmar Limited
• S&B Foods Inc.
• Al Wazir Cinnamon
• Kancor Ingredients Ltd.
• Diamond Crystal Brands
• Inc.
• Singhania Spices Pvt. Ltd.
• Starwest Botanicals
• Inc.
• India Spice House
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

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Regional Analysis of the Cinnamon Market

Which Region Dominates the Cinnamon Market in 2024?

According to Cognitive Market Research, North America currently dominates the Cinnamon market, and the region is expected to have significant growth during the projected period. This is due to growing consumer awareness of its health benefits, including its anti-inflammatory and blood sugar-regulating properties. The region's strong food and beverage industry drives demand, with cinnamon used in baked goods, beverages, and snacks. Additionally, the rising trend of natural and organic products, along with clean-label preferences, boosts cinnamon's popularity. The accessibility of cinnamon through retail and e-commerce platforms further contributes to its market dominance in North America.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR). The Asia Pacific region is growing at the fastest CAGR in the cinnamon market due to the spice's deep cultural and culinary significance. Increasing disposable incomes and the rising middle class drive demand for premium and organic cinnamon products. The expanding food and beverage industry, coupled with growing health awareness about cinnamon's medicinal benefits, further fuels market growth. Additionally, the region's status as a major cinnamon producer, particularly in Sri Lanka and Indonesia, ensures a steady supply, supporting market expansion.

The current report Scope analyzes Cinnamon Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Cinnamon

According to Cognitive Market Research, the global Cinnamon market size was estimated at USD 1251.5 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 500.60 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Cinnamon market with a market size of USD 394.97 million in 2024 and is projected to grow at a CAGR of 5.9% during the forecast period. The U.S. market's increasing consumer demand for natural and organic food products is driving the Cinnamon market.
• The Canada Cinnamon market had a market share of USD 60.07 million in 2024 and is projected to grow at a CAGR of 5.2% during the forecast period. Canada’s thriving food and beverage industry is driving the Cinnamon market.
• The Mexico Cinnamon market is projected to witness growth at a CAGR of 4.9% during the forecast period, with a market size of USD 45.55 million in 2024.

Europe Cinnamon

According to Cognitive Market Research, the global Cinnamon market size was estimated at USD 1251.5 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 375.45 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031.

• The United Kingdom Cinnamon market had a market share of USD 63.07 million in 2024 and is projected to grow at a CAGR of 5.5% during the forecast period. In the UK, Cinnamon sales witness an upswing due to rising demand for natural flavoring agents in food and beverages, driven by health-conscious consumers.
• The France Cinnamon market is projected to witness growth at a CAGR of 5.6% during the forecast period, with a market size of USD 34.54 million in 2024.
• According to Cognitive Market Research, the German Cinnamon market size was valued at USD 74.33 million in 2024 and is projected to grow at a CAGR of 4.9% during the forecast period. In Germany, Cinnamon surged due to the increased focus of the manufacturers and major market players.
• The Italy Cinnamon market is projected to witness growth at a CAGR of 4.1% during the forecast period, with a market size of USD 32.28 million in 2024.
• The Russia Cinnamon market is projected to witness growth at a CAGR of 3.7% during the forecast period, with a market size of USD 58.19 million in 2024.
• The Spain Cinnamon market is projected to witness growth at a CAGR 3.8% during the forecast period with a market size of USD 30.79 million in 2024
• The Luxembourg Cinnamon market is projected to witness growth at a CAGR of 4.8% during the forecast period, with a market size of USD 11.63 million in 2024.
• The Portugal Cinnamon market is projected to witness growth at a CAGR of 4.5% during the forecast period, with a market size of USD 7.88 million in 2024.
• The Greece Cinnamon market is projected to witness growth at a CAGR of 5% during the forecast period, with a market size of USD 4.50 million in 2024.
• The Rest of Europe's Cinnamon market is projected to witness growth at a CAGR of 3.4% during the forecast period, with a market size of USD 58.19475 million in 2024.

Asia Pacific Cinnamon

According to Cognitive Market Research, the global Cinnamon market size was estimated at USD 1251.5 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 287.85 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.2%from 2024 to 2031.

• According to Cognitive Market Research, the China Cinnamon market size was valued at USD 129.53 million in 2024 and is projected to grow at a CAGR of 7.7% during the forecast period. Cinnamon surged in China due to rising demand for natural flavoring agents in food and beverages, driven by health-conscious consumers.
• The Japan Cinnamon market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD 39.72 million in 2024.
• The India Cinnamon market had a market share of USD 34.54 million in 2024 and is projected to grow at a CAGR of 10% during the forecast period. India's expanding middle-class populations is driving Cinnamon market.
• The South Korean Cinnamon market is projected to witness growth at a CAGR of 7.3% during the forecast period, with a market size of USD 28.78 million in 2024.
• The Australian Cinnamon market is projected to witness growth at a CAGR of 7.9% during the forecast period, with a market size of USD 14.96 million in 2024.
• The South East Asia Cinnamon market is projected to witness growth at a CAGR of 9.2% during the forecast period, with a market size of USD 19.86 million in 2024.
• The Rest of Asia Pacific Cinnamon market is projected to witness growth at a CAGR of 8% during the forecast period, with a market size of USD 20.43 million in 2024.

South America Cinnamon

<P>According to Cognitive Market Research, the global Cinnamon market size was estimated at USD 1251.5 Million, out of which the Latin America held the market share of around 5% of the global revenue with a market size of USD 62.58 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.6% from 2024 to 2031.</P> <ul><li>According to Cognitive Market Research, the Brazil Cinnamon market size was valued at USD 26.78 million in 2024 and is projected to grow at a CAGR of 6.2% during the forecast period. Cinnamon flourished in Brazil due to increasing awareness of its health benefits, such as anti-inflammatory and antioxidant properties, driving demand in the food, beverage, and pharmaceutical sectors.</li> <li>Argentina's Cinnamon market had a market share of USD 10.51 million in 2024 and is projected to grow at a CAGR of 8.2% during the forecast period. Argentina's proximity to North American markets is driving the Cinnamon market.</li> <li>Colombia Cinnamon market is projected to witness growth at a CAGR of 5.4% during the forecast period, with a market size of USD 5.56 million in 2024.</li> <li>Peru Cinnamon market is projected to witness growth at a CAGR of 5.8% during the forecast period, with a market size of USD 5.13 million in 2024.</li> <li>Chile Cinnamon market is projected to witness growth at a CAGR of 5.9% during the forecast period, with a market size of USD 4.50 million in 2024.</li> <li>The Rest of Latin America's Cinnamon market is projected to witness growth at a CAGR of 4.7% during the forecast period, with a market size of USD 10.07 million in 2024.</li></ul>

Middle East Cinnamon

According to Cognitive Market Research, the global Cinnamon market size was estimated at USD 1251.5 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 25.03 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.9% from 2024 to 2031..

• The GCC Countries Cinnamon market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD 10.71 million in 2024. Cinnamon sales flourish due to the presence of major market players.
• The Egypt Cinnamon market is projected to witness growth at a CAGR of 6.2% during the forecast period, with a market size of USD 2.62 million in 2024.
• The South Africa Cinnamon market is projected to witness growth at a CAGR of 6.9% during the forecast period, with a market size of USD 3.95 million in 2024. Cinnamon sales flourished in South Africa due to spice's traditional use in local cuisines and remedies.
• The Turkey Cinnamon market is projected to witness growth at a CAGR of 5.4% during the forecast period, with a market size of USD 2.15 million in 2024.
• The Nigeria Cinnamon market is projected to witness growth at a CAGR of 5% during the forecast period, with a market size of USD 2.62 million in 2024.
• The Rest of the MEA Cinnamon market is projected to witness growth at a CAGR of 4.9% during the forecast period, with a market size of USD 2.95 million in 2024.

Cinnamon Market Analysis

How are Segments Performing in the Global Cinnamon Market?

Cinnamon Market Product Segment Analysis

According to Cognitive Market Research, Ceylon Cinnamon are likely to dominate the Cinnamon Market over the forecast period. Ceylon cinnamon, often referred to as "true" cinnamon, captured the largest market share due to its superior quality, mild flavor, and lower coumarin content compared to Cassia cinnamon. Its health benefits, including anti-inflammatory, antioxidant, and blood sugar-regulating properties, make it highly preferred in functional foods, supplements, and beverages. Ceylon cinnamon’s reputation for purity and organic cultivation, along with increasing consumer demand for natural, clean-label products, drives its dominance in the cinnamon market, particularly in health-conscious regions.

Cassia cinnamon is growing at the highest CAGR in the cinnamon market due to its affordability and widespread availability. It is commonly used in commercial food production, including baked goods, beverages, and snacks, making it a preferred choice for manufacturers. Cassia cinnamon’s stronger flavor profile also appeals to consumers in certain regions, particularly in North America and Europe. Additionally, its use in essential oils, cosmetics, and fragrances contributes to its growing demand, supporting its rapid market expansion.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Cinnamon Industry. Request a Free Sample PDF!

Segment Analysis of Cinnamon Market

This report forecasts revenue growth at global, regional, and country levels, analyzing industry trends and opportunities for each Cinnamon market application from 2021 to 2032. It explores demand across various end-use industries, offering insights into the performance of applications such as ready-to-eat meals, beverages, and snacks. Key factors like market growth, consumer behavior, technological innovations, regulatory impacts, and regional market dynamics are examined. The report also includes value chain analysis, patent trends, company evaluation matrices, and other confidential data to provide a comprehensive view of each application segment’s evolution in the Cinnamon market. You can find this information in the full, paid version of the report.

Some of the key of Cinnamon are:

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Cinnamon Distribution Channel Outlook: Segment Analysis

Cinnamon Market Distribution Channel Segment Analysis

According to Cognitive Market Research, The Hypermarkets segment holds the largest market share. Hypermarkets captured the largest market share in the cinnamon market due to their widespread accessibility and large-scale product offerings. Consumers prefer shopping at hypermarkets for a wide variety of cinnamon products, including packaged and organic options, in one location. The convenience of in-store shopping and competitive pricing make hypermarkets attractive for both bulk and retail buyers. Additionally, hypermarkets’ strategic partnerships with suppliers and strong distribution networks ensure consistent product availability, further boosting their dominance in the cinnamon market.

Online retailers are growing at the highest CAGR in the cinnamon market due to the increasing consumer preference for convenience and accessibility. E-commerce platforms allow consumers to easily access a wide range of cinnamon products, including organic and specialty varieties, with the added benefit of home delivery. The growth of digital marketing, personalized recommendations, and promotions further drives online sales. Additionally, the global reach of online retailers enables cinnamon products to penetrate new markets, contributing to their rapid growth in the distribution channel.

• Hypermarkets
• Supermarkets
• Online Retailers
• Convenience Stores
• Specialty Stores

Cinnamon End-User Outlook: Segment Analysis

Cinnamon Market End-User Segment Analysis

According to Cognitive Market Research, The Residential segment holds the largest market share. The residential end-user captured the largest market share in the cinnamon market due to the widespread use of cinnamon in home cooking and baking. Consumers are increasingly incorporating cinnamon into their daily diets, attracted by its health benefits, including anti-inflammatory and blood sugar-regulating properties. The growing trend of home-based wellness practices, along with the rise of DIY food preparation, has contributed to cinnamon’s popularity among residential users. Additionally, the availability of cinnamon through various retail and online platforms makes it easily accessible for household consumption.

The commercial end-user segment is growing at the highest CAGR in the cinnamon market due to the increasing demand for cinnamon in foodservice, hospitality, and manufacturing industries. Cinnamon is widely used in the production of processed foods, beverages, baked goods, and even in health supplements. As consumers seek healthier, natural ingredients, restaurants, cafes, and food manufacturers are incorporating cinnamon into their offerings. Additionally, the expansion of quick-service restaurants (QSRs) and health-focused food brands contributes to this segment's rapid growth.

• Residential
• Commercial

Cinnamon Form Outlook: Segment Analysis

Cinnamon Market Form Segment Analysis

According to Cognitive Market Research, The Quills segment holds the largest market share. The quills form of cinnamon captured the largest market share due to its higher quality and versatility. Quills are the inner bark of cinnamon trees and are considered the "true" cinnamon, offering a stronger, more aromatic flavor compared to ground cinnamon or powder. Their natural form makes them ideal for use in both culinary and medicinal applications, providing a longer shelf life and more intense flavor. This form is widely preferred in premium products and among health-conscious consumers, driving its market dominance.

Chips form of cinnamon is growing at the highest CAGR due to its ease of use and suitability for various applications. Cinnamon chips are commonly used in both food manufacturing and the production of essential oils, offering a cost-effective and versatile option for flavoring and aromatherapy products. They also provide a convenient format for packaging and storage. As demand for functional foods, natural flavorings, and essential oils rises, cinnamon chips are increasingly favored, driving their rapid market growth.

• Quills
• Chips
• Featherings
• Powder
• Bark Oil
• Leaf Oil
• Others

Author's Detail

Nisha Deore

Research Analyst at Cognitive Market Research

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I am a well-organized, conscientious, and professional Research Analyst with two plus years of experience. In my current role, I conduct in-depth secondary research, data mining, competitive analysis, DRO's, PR, and Collateral writing. Whilst I enjoy working as part of a team, researching information, analyzing data, and producing results that help my organization to achieve its commercial and financial objectives.

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