Market Forecast by Countries (United States, Canada), By Product (Ceylon, Cassia, Saigon, Korintje), By Application (Residential, Commercial) And Competitive Landscape
Product Code: ETC406080 | Publication Date: Aug 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 250 | No. of Figures: 50 | No. of Tables: 25 | |
Report Name | North America Cinnamon Market |
Forecast Period | 2025-2031 |
Forecast Size | USD 2.52 billion By 2031 |
CAGR | 7% |
Growing Sector | Commercial |
North America Cinnamon Market report thoroughly covers the market by Countries, By Product and by Application. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
North America Cinnamon Market was valued at USD 1.8 billion and is expected to reach USD 2.52 billion , growing at a CAGR of around 7% from 2025-2031. The growth can be attributed to the increasing demand for cinnamon as a flavoring agent in various food and beverage products, along with its diverse health benefits. Additionally, the rising popularity of natural and organic ingredients is also driving the market growth.
The North America Cinnamon Market is witnessing significant growth due to the increasing demand for efficient separation and purification processes across various industries. Cinnamon is widely used in the food and beverage industry for its distinct flavor and aroma. It is also used in the pharmaceutical and cosmetics industries due to its anti-inflammatory, antiseptic, and antioxidant properties.
According to 6Wresearch, the North America Cinnamon Market size is expected to grow at a significant CAGR of 7% during the forecast period 2025-2031. The market growth is driven by the increasing demand for natural and organic ingredients in food products, along with the rising trend of using cinnamon in traditional and herbal remedies. Additionally, the growing awareness about the health benefits of cinnamon, such as its ability to regulate blood sugar levels and boost immunity, is also contributing to the market growth. The market is also facing numerous challenges that can hinder its growth. Key players have been making continuous efforts to address challenges with their innovative strategies for product development.
The North America Cinnamon market is witnessing new trends, such as the rising popularity of cinnamon oil for its various health benefits and its use as a natural preservative in packaged foods. The market is also seeing an increase in demand for organic and sustainably sourced cinnamon products due to the growing awareness about environmental sustainability. Additionally, there has been a rise in the production of specialty cinnamon varieties like Ceylon cinnamon, which is known for its premium quality and unique taste. This trend is expected to continue as consumers become more willing to pay a premium price for high-quality cinnamon products.
The North America Cinnamon market offers lucrative investment opportunities for manufacturers, suppliers, and distributors. The increasing demand for cinnamon in the food and beverage industry, along with its growing use in traditional and herbal remedies, presents a significant growth potential for investors. Moreover, technological advancements have led to the development of innovative cinnamon products with enhanced flavor profiles and increased shelf life. This is expected to drive further growth in the market.
Some of the key players operating in the North America Cinnamon market include Ceylon Spice Company, PT. Korindo Ariabumi, Adam Group, Haldin International Limited, and Unilever PLC. These companies are focusing on expanding their product portfolios and increasing their production capacities to meet the growing demand for cinnamon.
Additionally, strategic partnerships and collaborations with local farmers and suppliers are also being pursued by these companies to ensure a steady supply of high-quality cinnamon.
The North America Cinnamon market is heavily regulated by government bodies to ensure the safety and quality of cinnamon products. The Food and Drug Administration (FDA) in the US sets standards for the use of cinnamon as a food ingredient, while the Canadian Food Inspection Agency (CFIA) oversees its use in Canada. Moreover, various associations such as the American Spice Trade Association and the Canadian Spice Association work towards ensuring fair trade practices and promoting high-quality standards in the industry.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
According to Dhaval, Research Manager, 6Wresearch, the US is expected to hold a significant share in the North America Cinnamon market during the forecast period. The high demand for cinnamon as a flavoring agent, along with its use in traditional and herbal remedies, is driving the market growth in this region.
Based on type, the cassia segment is expected to dominate the North America Cinnamon market due to its widespread use in various food and beverage products. However, the demand for ceylon cinnamon is also growing due to its distinct flavor profile and higher health benefits compared to cassia.
The commercial segment is expected to dominate the North America Cinnamon market by application. The increasing use of cinnamon in various food and beverage products, as well as in pharmaceutical and cosmetic industries, is driving the growth of this segment.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 North America Cinnamon Market Overview |
3.1 North America Regional Macro Economic Indicators |
3.2 North America Cinnamon Market Revenues & Volume, 2021 & 2031F |
3.3 North America Cinnamon Market - Industry Life Cycle |
3.4 North America Cinnamon Market - Porter's Five Forces |
3.5 North America Cinnamon Market Revenues & Volume Share, By Countries, 2021 & 2031F |
3.6 North America Cinnamon Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 North America Cinnamon Market Revenues & Volume Share, By Form, 2021 & 2031F |
4 North America Cinnamon Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 North America Cinnamon Market Trends |
6 North America Cinnamon Market, 2021 - 2031 |
6.1 North America Cinnamon Market, Revenues & Volume, By Product, 2021 - 2031 |
6.2 North America Cinnamon Market, Revenues & Volume, By Application, 2021 - 2031 |
7 United States Cinnamon Market, 2021 - 2031 |
7.1 United States Cinnamon Market, Revenues & Volume, By Product, 2021 - 2031 |
7.2 United States Cinnamon Market, Revenues & Volume, By Application, 2021 - 2031 |
8 Canada Cinnamon Market, 2021 - 2031 |
8.1 Canada Cinnamon Market, Revenues & Volume, By Product, 2021 - 2031 |
8.2 Canada Cinnamon Market, Revenues & Volume, By Application, 2021 - 2031 |
9 North America Cinnamon Market Key Performance Indicators |
10 North America Cinnamon Market - Opportunity Assessment |
10.1 North America Cinnamon Market Opportunity Assessment, By Countries, 2021 & 2031F |
10.2 North America Cinnamon Market Opportunity Assessment, By Product, 2021 & 2031F |
10.3 North America Cinnamon Market Opportunity Assessment, By Application, 2021 & 2031F |
11 North America Cinnamon Market - Competitive Landscape |
11.1 North America Cinnamon Market Revenue Share, By Companies, 2024 |
11.2 North America Cinnamon Market Competitive Benchmarking, By Operating and Technical Parameters |
12 Company Profiles |
13 Recommendations |
14 Disclaimer |