India Cinnamon Market (2025-2031) Outlook | Trends, Analysis, Industry, Share, Forecast, Companies, Size, Revenue, Growth & Value

Market Forecast By Product (Ceylon, Cassia, Saigon, Korintje), By Application (Residential, Commercial) And Competitive Landscape
Product Code: ETC318684 Publication Date: Aug 2022 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

India Cinnamon Market Import Shipment Trend (2020-2024)

The India cinnamon market import shipments saw a steady growth trend with a CAGR of 4.4% from 2020 to 2024. Notably, there was a significant acceleration in growth between 2023 and 2024, with an increase of 18.7%. Overall, the market expanded consistently, showing positive momentum and increasing demand for cinnamon imports.

Graph Showing India cinnamon market Shipment Trend & Volume from 2020-2024

India Cinnamon Market Synopsis

The India cinnamon market is experiencing growth as the food and beverage industry utilizes this spice for its aromatic flavor and medicinal properties. This market`s outlook is driven by factors such as the increasing demand for cinnamon in culinary applications, beverages, and traditional medicine, the growth of the food processing and FMCG sectors, and the adoption of cinnamon for its distinct and pleasant flavor profile. Additionally, the development of organic and sustainably sourced cinnamon and the rising focus on natural and botanical ingredients are further contributing to market growth. The market overview indicates that the India cinnamon market is expected to witness continuous demand in the forecast period.

Drivers of the market

The India cinnamon market is experiencing growth as the food and beverage industry utilizes this spice in various culinary applications. This market`s outlook is driven by factors such as the increasing demand for cinnamon in confectionery, bakery products, and beverages, the growth of the food processing and hospitality sectors, and the adoption of cinnamon for its aromatic and flavor-enhancing properties. Additionally, the development of organic and sustainable cinnamon cultivation and the rising focus on natural and clean label ingredients are further contributing to market growth. The market is also benefiting from the growing popularity of traditional and ethnic cuisines. However, the market faces challenges in terms of price volatility and competition from other spices and flavoring agents.

Challenges of the Market

The India cinnamon market is experiencing growth as the food and beverage industry utilizes this popular spice in various products. This market`s outlook is driven by factors such as the increasing demand for cinnamon in culinary applications, beverages, and traditional medicine, the growth of the food processing and FMCG sectors, and the adoption of cinnamon for its distinct flavor and aromatic properties. Additionally, the development of organic and sustainable cinnamon cultivation and the rising focus on healthy and natural ingredients are further contributing to market growth. However, the market also faces challenges such as price fluctuations due to supply variations and the impact of climate change on cinnamon cultivation.

Covid-19 Impact on the Market

The India cinnamon market is experiencing growth as the food and beverage industry utilizes this popular spice for various culinary applications. This market`s outlook is driven by factors such as the increasing demand for cinnamon in confectionery, beverages, and savory dishes, the growth of the food processing and FMCG sectors, and the adoption of cinnamon for its unique flavor and aroma profile. Additionally, the development of organic and sustainable sourcing practices for cinnamon and the rising focus on natural and clean label ingredients are further contributing to market growth. The COVID-19 pandemic had some impact on the cinnamon market due to changes in consumer behavior and supply chain disruptions. However, with the recovery of the food industry and increased demand for flavorful ingredients, the market is expected to rebound in the post-pandemic period.

Key Players of the Market

The India cinnamon market is experiencing steady growth as the food and beverage industry utilizes this popular spice in various products. This market`s outlook is driven by factors such as the increasing demand for cinnamon in culinary applications, beverages, and traditional medicine, the growth of the food processing and FMCG sectors, and the adoption of cinnamon for its distinctive flavor and aroma. Additionally, the development of organic and sustainable cinnamon sourcing and the rising focus on natural and clean label ingredients are further contributing to market growth. Some of the key players in the India cinnamon market include SpiceMaster Extracts, FlavorTech Industries, and Natural Flavors Company.

Key Highlights of the Report:

  • India Cinnamon Market Outlook
  • Market Size of India Cinnamon Market, 2024
  • Forecast of India Cinnamon Market, 2031
  • Historical Data and Forecast of India Cinnamon Revenues & Volume for the Period 2021-2031
  • India Cinnamon Market Trend Evolution
  • India Cinnamon Market Drivers and Challenges
  • India Cinnamon Price Trends
  • India Cinnamon Porter's Five Forces
  • India Cinnamon Industry Life Cycle
  • Historical Data and Forecast of India Cinnamon Market Revenues & Volume By Product for the Period 2021-2031
  • Historical Data and Forecast of India Cinnamon Market Revenues & Volume By Ceylon for the Period 2021-2031
  • Historical Data and Forecast of India Cinnamon Market Revenues & Volume By Cassia for the Period 2021-2031
  • Historical Data and Forecast of India Cinnamon Market Revenues & Volume By Saigon for the Period 2021-2031
  • Historical Data and Forecast of India Cinnamon Market Revenues & Volume By Korintje for the Period 2021-2031
  • Historical Data and Forecast of India Cinnamon Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of India Cinnamon Market Revenues & Volume By Residential for the Period 2021-2031
  • Historical Data and Forecast of India Cinnamon Market Revenues & Volume By Commercial for the Period 2021-2031
  • India Cinnamon Import Export Trade Statistics
  • Market Opportunity Assessment By Product
  • Market Opportunity Assessment By Application
  • India Cinnamon Top Companies Market Share
  • India Cinnamon Competitive Benchmarking By Technical and Operational Parameters
  • India Cinnamon Company Profiles
  • India Cinnamon Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the India Cinnamon Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the India Cinnamon Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

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 India Cinnamon Market Overview

3.1 India Country Macro Economic Indicators

3.2 India Cinnamon Market Revenues & Volume, 2021 & 2031F

3.3 India Cinnamon Market - Industry Life Cycle

3.4 India Cinnamon Market - Porter's Five Forces

3.5 India Cinnamon Market Revenues & Volume Share, By Product, 2021 & 2031F

3.6 India Cinnamon Market Revenues & Volume Share, By Application, 2021 & 2031F

4 India Cinnamon Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing awareness about the health benefits of cinnamon

4.2.2 Growth in demand for natural and organic food products

4.2.3 Rising disposable income leading to higher spending on premium food products

4.3 Market Restraints

4.3.1 Fluctuations in raw material prices impacting production costs

4.3.2 Stringent government regulations on food imports and exports

4.3.3 Limited availability of high-quality cinnamon due to weather conditions and crop yield variations

5 India Cinnamon Market Trends

6 India Cinnamon Market, By Types

6.1 India Cinnamon Market, By Product

6.1.1 Overview and Analysis

6.1.2 India Cinnamon Market Revenues & Volume, By Product, 2021-2031F

6.1.3 India Cinnamon Market Revenues & Volume, By Ceylon, 2021-2031F

6.1.4 India Cinnamon Market Revenues & Volume, By Cassia, 2021-2031F

6.1.5 India Cinnamon Market Revenues & Volume, By Saigon, 2021-2031F

6.1.6 India Cinnamon Market Revenues & Volume, By Korintje, 2021-2031F

6.2 India Cinnamon Market, By Application

6.2.1 Overview and Analysis

6.2.2 India Cinnamon Market Revenues & Volume, By Residential, 2021-2031F

6.2.3 India Cinnamon Market Revenues & Volume, By Commercial, 2021-2031F

7 India Cinnamon Market Import-Export Trade Statistics

7.1 India Cinnamon Market Export to Major Countries

7.2 India Cinnamon Market Imports from Major Countries

8 India Cinnamon Market Key Performance Indicators

8.1 Consumer interest and engagement in cinnamon-related content on social media platforms

8.2 Number of new product launches incorporating cinnamon as a key ingredient

8.3 Percentage increase in the adoption of cinnamon in various food and beverage applications

9 India Cinnamon Market - Opportunity Assessment

9.1 India Cinnamon Market Opportunity Assessment, By Product, 2021 & 2031F

9.2 India Cinnamon Market Opportunity Assessment, By Application, 2021 & 2031F

10 India Cinnamon Market - Competitive Landscape

10.1 India Cinnamon Market Revenue Share, By Companies, 2024

10.2 India Cinnamon Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Pricing
  • Single User License
    $ 1,995
  • Department License
    $ 2,400
  • Site License
    $ 3,120
  • Global License
    $ 3,795
6Wresearch Support

Any Query

Call: +91-11-4302-4305
Email us: sales@6wresearch.com
Any Query? Click Here

Related Reports

Industry Events and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Whitepaper

Read All