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North America Cinnamon Market By Type (Ceylon Cinnamon, Cassia Cinnamon, Saigon Cinnamon, Korintje, Cinnamon, Others), By Application (Food & Beverages, Medicines, Cosmetics), By Distribution Channel (Hypermarkets, Supermarkets, Online Retailers, Convenience Stores, Specialty Stores) And By Country (US, Canada and Rest of North America) - Growth, Size, Share, Trends, and Forecasts (2022-2027)

Published: March, 2023
ID: 6908
Pages: 145
Formats: report pdf report excel report power bi report ppt

North America Cinnamon Market Size, Value, Growth 2022-2027

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.

North America Cinnamon Market Drivers:

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.

North America Cinnamon Market Segmentation:

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.

North America Cinnamon Market Key Players

  1. Pure Ceylon Cinnamon

  2. Adam Group

  3. Bio Foods (Pvt) Ltd.

  4. HDDES Group

  5. SDS SPICES (PVT) LTD.

  6. Ceylon Spice Company

  7. Elite Spice

  8. First Spice Mixing Company

  9. C.F. Sauer Company

  10. EHL Ingredients

  11. Bart Ingredients

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