(Entertainment-NewsWire.com, September 20, 2018 ) Cinnamon is a popular spice which is obtained from the inner bark of the tropical tree species from genus Cinnamomum. Cinnamon is divided into two varieties including Cinnamomum cassia and Cinnamomum zeylanicum. Cinnamon which appears in a lighter colour along with having a sweeter and delicate flavor than cassia cinnamon. It is a major essential component in Ayurveda &Chinese medicines and also in perfume products. Cinnamon has various health advantages. Cinnamon is also used in fruit desserts and chocolate dishes primarily in pears and apple fruit desserts. Cinnamon can also be used to spice creams, syrups and flavored wines. Cinnamon powder is also used for enhancing a variety of drinks, soups and sweets. Cinnamon market worth will reach $3.6 billion by 2025 with a CAGR of 10.3% from 2019 – 2025. Download Free Sample @ https://www.envisioninteligence.com/industry-report/global-cinnamon-market/?utm_source=ew-kaleswari
RISING CINNAMON USAGE FOR COMMERCIAL APPLICATION IS DRIVING MARKET GROWTH: High demand for cinnamon in commercial applications is primarily driving the growth of the market. Factors such as demand for cinnamon in various food products as a flavoring agent in various dishes and beverages worldwide. Cinnamon helps consumers in maintaining their blood sugar levels, which is another major factor for driving the cinnamon in the market worldwide. Whereas cinnamon is used in various cereals and meals coupled with increasing consumer demand for cinnamon. Cinnamon market forecasts are likely too strong as there has been an extensive demand regarding usage in food products during the forecast period. NORTH AMERICA IS PROJECTED TO CONTINUE ITS DOMINANCE IN THE GLOBAL CINNAMON MARKET DURING 2019 - 2025: Cinnamon market analysis by geography represents North America accounting for the significant share of the Cinnamon market with the U.S., and Canada as leading revenue generators and Mexico as the promising market next to U.S. Huge presence of significant players along with the rapid developmental procedures to expand the penetration of Cinnamon to multiple end-user industries is significantly propelling the market growth. As cinnamon was the most widely used raw material in Ayurveda, accounting for more than 16% of the volume share in 2015 owing to lead the production in North America. Cinnamon market analysis carried out for the timeline 2019 – 2025. ASIA PACIFIC IS ESTIMATED TO WITNESS BRISK GROWTH RATE DURING 2019 – 2025: The market in APAC is growing at a faster rate compared with that in the Americas and EMEA, due to the high demand for species as a flavoring agent in various food products has strengthened the growth of the cinnamon market. The primary revenue generators in this region are China, India, and Japan. Economies like South Korea, Australia & New Zealand and some other emerging nations also present significant opportunities for North America and European vendors to expand their market presence. Market growth was boosted mainly by the Asia Pacific which is developed as the dominant region in the global cinnamon market followed by Europe. By Type: • Ceylon cinnamon • Cassia cinnamon • Saigon cinnamon • Korintje cinnamon • Others By Distribution channel: • Hypermarkets • Supermarkets • Online retailers • Convenience stores • Speciality stores • Others By Application • Medicines • Cosmetics • Food & beverage products • Others The report provides an in-depth and full analysis of the key technological and product development aspects for all the key companies operating in the market in each region. Key Players: • Bio Foods (Pvt) Ltd (U.S.), • HDDES Group, SDS SPICES (PVT) LTD. (India), • Ceylon Spice Company (China), • ACH FOOD COMPANIES (South Korea), • ADAM GROUP (India) • BART INGREDIENTS (China) About us: Envision Inteligence is the Main Supplier of Market Analysis Reviews, Customized Consulting Companies, Information Analytics and Trade Evaluation. Our purpose is to offer the correct data required by the stakeholder on the proper level of time, in a format which assists a clever and knowledgeable resolution making a course of! Contact us: Sales Team, Sales@envisioninteligence.com Call: +1 408-963-0099 MIG-236, D. No: - 39-33-75/3, Madhavadhara Vuda Layout, Visakhapatnam- 530007 Web: www.envisioninteligence.com
