Product Code: ETC318685 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Thailand Cinnamon Market is likely to experience consistent growth rate gains over the period 2025 to 2029. The growth rate starts at 4.35% in 2025 and reaches 16.91% by 2029.
In the Asia region, the Cinnamon market in Thailand is projected to expand at a growing growth rate of 6.68% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.
Cinnamon is a popular spice with culinary and medicinal uses. In Thailand, it is cultivated in various regions, and the market for cinnamon caters to both domestic consumption and export. The spice is used in Thai cuisine and traditional medicine, making it a valuable commodity.
The Thailand Cinnamon market thrives on the culinary and health and wellness sectors. Cinnamon is a popular spice used in Thai cuisine and is also valued for its medicinal properties. Increased consumer awareness of the health benefits associated with cinnamon, including its potential to lower blood sugar and cholesterol levels, has boosted its demand. Furthermore, cinnamon`s versatility in culinary applications, both in traditional Thai dishes and international cuisines, ensures a steady market. As consumer preferences for natural and healthy ingredients continue to rise, the Thai cinnamon market is expected to flourish.
Challenges in the cinnamon market include quality control, sustainable farming practices, and market fluctuations. Ensuring consistent quality and sustainable sourcing are critical for long-term success, especially in an increasingly health-conscious market.
The Thailand Cinnamon market faced unique challenges during the pandemic. As the hospitality and foodservice industries struggled with closures and restrictions, the demand for cinnamon, a common spice used in these sectors, saw a decline. However, there was an uptick in demand from the health-conscious consumers, as cinnamon is known for its potential health benefits. In the post-COVID era, the market is likely to recover as the food industry bounces back and health-consciousness remains a trend.
In the Thailand Cinnamon market, major players include Spice Exports Co., ThaiCinnamon Enterprises Ltd., and Aromatic Flavors Thailand. These companies specialize in sourcing and processing high-quality cinnamon products for the food and beverage industry. They maintain strong relationships with local farmers and ensure a steady supply of premium cinnamon, making them leaders in this market.
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 Thailand Cinnamon Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Cinnamon Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Cinnamon Market - Industry Life Cycle |
3.4 Thailand Cinnamon Market - Porter's Five Forces |
3.5 Thailand Cinnamon Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Thailand Cinnamon Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Cinnamon Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of cinnamon |
4.2.2 Growing demand for natural and organic food products |
4.2.3 Expansion of food processing industry in Thailand |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices |
4.3.2 Competition from other spices and flavorings in the market |
5 Thailand Cinnamon Market Trends |
6 Thailand Cinnamon Market, By Types |
6.1 Thailand Cinnamon Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Thailand Cinnamon Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Thailand Cinnamon Market Revenues & Volume, By Ceylon, 2021-2031F |
6.1.4 Thailand Cinnamon Market Revenues & Volume, By Cassia, 2021-2031F |
6.1.5 Thailand Cinnamon Market Revenues & Volume, By Saigon, 2021-2031F |
6.1.6 Thailand Cinnamon Market Revenues & Volume, By Korintje, 2021-2031F |
6.2 Thailand Cinnamon Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Thailand Cinnamon Market Revenues & Volume, By Residential, 2021-2031F |
6.2.3 Thailand Cinnamon Market Revenues & Volume, By Commercial, 2021-2031F |
7 Thailand Cinnamon Market Import-Export Trade Statistics |
7.1 Thailand Cinnamon Market Export to Major Countries |
7.2 Thailand Cinnamon Market Imports from Major Countries |
8 Thailand Cinnamon Market Key Performance Indicators |
8.1 Number of new product launches containing cinnamon |
8.2 Consumer sentiment towards cinnamon-based products |
8.3 Investment in research and development for cinnamon applications |
8.4 Adoption rate of cinnamon in different food and beverage segments |
8.5 Export volume of cinnamon products from Thailand |
9 Thailand Cinnamon Market - Opportunity Assessment |
9.1 Thailand Cinnamon Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Thailand Cinnamon Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Cinnamon Market - Competitive Landscape |
10.1 Thailand Cinnamon Market Revenue Share, By Companies, 2024 |
10.2 Thailand Cinnamon Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |