India Cinnamon Market Size & Outlook, 2018-2025

The cinnamon market in India is expected to reach a projected revenue of US$ 177.0 million by 2025. A compound annual growth rate of 14.8% is expected of India cinnamon market from 2019 to 2025.
Revenue, 2018 (US$M)
$67.4
Forecast, 2025 (US$M)
$177.0
CAGR, 2019 - 2025
14.8%
Report Coverage
India

India cinnamon market, 2015-2025 (US$M)

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India cinnamon market, 2015-2025 (US$M)

India cinnamon market highlights

  • The India cinnamon market generated a revenue of USD 67.4 million in 2018 and is expected to reach USD 177.0 million by 2025.
  • The India market is expected to grow at a CAGR of 14.8% from 2019 to 2025.
  • In terms of segment, saigon was the largest revenue generating product in 2018.
  • Ceylon is the most lucrative product segment registering the fastest growth during the forecast period.


Cinnamon market data book summary

Market revenue in 2018USD 67.4 million
Market revenue in 2025USD 177.0 million
Growth rate14.8% (CAGR from 2018 to 2025)
Largest segmentSaigon
Fastest growing segmentCeylon
Historical data2015 - 2017
Base year2018
Forecast period2019 - 2025
Quantitative unitsRevenue in USD million
Market segmentationCeylon, Cassia, Saigon, Korintje
Key market players worldwideSauer's, First Spice, Elite Spice, EHL Ingredients, McCormick & Co Inc Registered Shs Non Vtg


Other key industry trends

  • In terms of revenue, India accounted for 8.9% of the global cinnamon market in 2018.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2025.
  • In Asia Pacific, India cinnamon market is projected to lead the regional market in terms of revenue in 2025.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 177.0 million by 2025.

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Cinnamon Market Companies

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India cinnamon market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cinnamon market will help companies and investors design strategic landscapes.


Saigon was the largest segment with a revenue share of 71.66% in 2018. Horizon Databook has segmented the India cinnamon market based on ceylon, cassia, saigon, korintje covering the revenue growth of each sub-segment from 2015 to 2025.


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Horizon Databook provides a detailed overview of country-level data and insights on the India cinnamon market , including forecasts for subscribers. This country databook contains high-level insights into India cinnamon market from 2015 to 2025, including revenue numbers, major trends, and company profiles.

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India cinnamon market size, by product, 2015-2025 (US$M)

India Cinnamon Market Outlook Share, 2018 & 2025 (US$M)

India cinnamon market size, by product, 2015-2025 (US$M)

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