North America Cinnamon Market size estimated to be growing at a CAGR of 12% in the given forecast period.
Market Overview:
The market is showcasing evident potential in the mentioned forecasting period. The market continues to gain momentum with the rapid development in the food industry.Cinnamon is a popular spice obtained from the inside bark of several trees from the genus Cinnamon. It is a vital ingredient in many food items & beverages like bakery products, desserts, tea, and flavoring. Cinnamon also has fragrance and medical significance. It is an essential part of Ayurveda.
The North America cinnamon market is mainly driven by factors like growing demand for cinnamon in different food items for flavor, rising scope in bakery, pharmaceuticals, and cosmetics sectors, and increasing awareness about the health benefits of cinnamon. However, cinnamon is still considered as a luxury ingredient and is thus costly, thus hampering the growth of market in the poor societal class.
on the basis of Type
Ceylon Cinnamon
Cassia Cinnamon
Saigon Cinnamon
Korintje
Cinnamon
Based on Application
Food & Beverages
Medicines
Cosmetics
Based on Distribution Channel
Hypermarkets
Supermarkets
Online Retailers
Convenience Stores
Specialty Stores
Regional Analysis
US
Canada
Mexico
The North America Cinnamon Market dominated the world, with the largest market share globally and is predicted to continue the pattern during the forecasting period.
Pure Ceylon Cinnamon
Adam Group
Bio Foods (Pvt) Ltd.
HDDES Group
SDS SPICES (PVT) LTD.
Ceylon Spice Company
Elite Spice
First Spice Mixing Company
C.F. Sauer Company
EHL Ingredients
Bart Ingredients
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