Latest News- Cinnamon Market: Cassia cinnamon is expected to lead the Product segment during 2024-2028

The Cinnamon Market is being driven by Rising awareness about health benefits of cinnamon

The Cinnamon Market is expected to grow at a CAGR of 7.97% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 412.9 million. In the face of mounting antibiotic resistance among bacterial strains, the pharmaceutical industry is exploring alternative solutions for treating infections. Cinnamon and its essential oils, particularly cinnamaldehyde, have emerged as promising candidates due to their potent antimicrobial properties. These natural compounds are capable of disrupting bacterial biofilms, which contribute to various infections. The antimicrobial efficacy of cinnamon and cinnamaldehyde is gaining significant attention in the medical community, potentially revolutionizing the industry's approach to infection treatment. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Product
  • Cassia cinnamon
  • Ceylon cinnamon
• Application
  • Residential
  • Commercial
• Form
  • Quills
  • Chips
  • Powder
  • Oil
  • Extracts
  • Others
• Nature
  • Organic
  • Conventional
• Distribution Channel
  • Hypermarkets
  • Supermarkets
  • Online Retailers
  • Convenience Stores
  • Specialty Stores
• Geography
  • APAC
    • China
    • India
    • Indonesia
    • Japan
    • Sri Lanka
    • Vietnam
  • North America
    • US
    • Canada
  • Europe
    • France
    • Germany
    • Italy
    • UK
  • South America
    • Argentina
    • Brazil
  • Middle East and Africa
    • Egypt
    • KSA
    • Oman
    • UAE

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Rising awareness about health benefits of cinnamon
• Growing demand for natural food flavors
• Growing demand for organic cinnamon

However, the market also witnesses some limitations, which are as follows:

• Compliance constraints with international food standards and export regulations
• Distribution challenges
• Rising labor shortage for cinnamon market in Sri Lanka

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Market Scope in Cinnamon Market Research Report

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Research Analysis Overview

Cinnamon, a popular culinary ingredient derived from the inner bark of Cinnamomum trees, is known for its unique flavor and versatility in various food products. It is widely used in confectionery, bakeries, savory cuisines, and beverages, adding a delightful taste to dishes and enhancing their overall appeal. Organic cinnamon, free from antibiotic growth promotors commonly used in the poultry industry, is a healthier choice for those with medical conditions such as diabetes, high blood glucose levels, or sensitive stomachs. Cinnamon consumption has been linked to numerous health benefits, including relief from common cold and infections, and potential prevention of Alzheimer's disease and diabetes. Rich in antioxidants, nutrients, and minerals, cinnamon acts as an anti-inflammatory agent and helps reduce symptoms of diarrhea, gas, vomiting, nausea, muscular spasms, and stomach spasms. However, excessive consumption may cause side effects such as increased heart rate and bleeding disorders. Therefore, healthy eating and moderation are key when incorporating this spice into your diet.

Market Research Overview

The global packaged foods and meats market encompasses vendors engaged in food processing to ensure microbial elimination and shelf life extension. According to Technavio, the market's size is determined by the consolidated revenue of participating vendors. This market excludes equipment manufacturers and producers of packaged alcoholic and non-alcoholic beverages, excluding mineral waters. Key growth drivers for the global packaged foods and meats market include the health benefits linked to minimally processed foods, such as vegetables, which are rich in essential nutrients like potassium, dietary fiber, folate (folic acid), vitamin A, and vitamin C.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/