Cinnamon Market 2019-2023 | Rising Awareness About Health Benefits to Boost Growth | Technavio

Technavio has been monitoring the cinnamon market and it is poised to grow by USD 628.84 mn during 2019-2023, progressing at a CAGR of almost 12% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Request a free sample report

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Technavio has announced its latest market research report titled Global Cinnamon Market 2019-2023 (Graphic: Business Wire)

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Biofoods, EOAS Organics, Goya Foods, McCormick & Company, and Rathna Ceylon Cinnamon are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Rising awareness about health benefits has been instrumental in driving the growth of the market.

Cinnamon Market 2019-2023 : Segmentation

Cinnamon Market is segmented as below:

• Product
  • Cassia Cinnamon
  • Ceylon Cinnamon
• Distribution channel
  • Hypermarkets
  • Supermarkets & Convenience Stores
  • Online Retail
• Geographic Landscape
  • The Americas
  • APAC
  • EMEA

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR30484

Cinnamon Market 2019-2023 : Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our cinnamon market report covers the following areas:

• Cinnamon Market Size
• Cinnamon Market Trends
• Cinnamon Market Industry Analysis

This study identifies growing application of cinnamon in pharmaceuticals as one of the prime reasons driving the cinnamon market growth during the next few years.

Cinnamon Market 2019-2023 : Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the Cinnamon Market, including some of the vendors such as Biofoods, EOAS Organics, Goya Foods, McCormick & Company, and Rathna Ceylon Cinnamon. Backed with competitive intelligence and benchmarking, our research reports on the Cinnamon Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Cinnamon Market 2019-2023 : Key Highlights

• CAGR of the market during the forecast period 2019-2023
• Detailed information on factors that will assist cinnamon market growth during the next five years
• Estimation of the cinnamon market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the cinnamon market
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of cinnamon market vendors

Table Of Contents :

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

• 2.1 Preface
• 2.2 Preface
• 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

• Market ecosystem
• Market characteristics
• Market segmentation analysis

PART 04: MARKET SIZING

• Market definition
• Market sizing 2018
• Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

PART 06: MARKET SEGMENTATION BY PRODUCT

• Market segmentation by product
• Comparison by product
• Cassia cinnamon - Market size and forecast 2018-2023
• Ceylon cinnamon - Market size and forecast 2018-2023
• Market opportunity by product

PART 07: CUSTOMER LANDSCAPE

PART 08: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL

• Market segmentation by distribution channel

PART 09: GEOGRAPHIC LANDSCAPE

• Geographic segmentation
• Geographic comparison
• APAC - Market size and forecast 2018-2023
• Americas - Market size and forecast 2018-2023
• EMEA - Market size and forecast 2018-2023
• Key leading countries
• Market opportunity

PART 10: DRIVERS AND CHALLENGES

• Market drivers
• Market challenges

PART 11: MARKET TRENDS

PART 12: VENDOR LANDSCAPE

• Overview
• Landscape disruption
• Competitive scenario

PART 13: VENDOR ANALYSIS

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Biofoods
• EOAS Organics
• Goya Foods
• McCormick & Company
• Rathna Ceylon Cinnamon

PART 14: APPENDIX

• Research methodology
• List of abbreviations

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View source version on businesswire.com: https://www.businesswire.com/news/home/20200402005701/en/