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According to our (Global Info Research) latest study, the global Cinnamon Oil market size was valued at USD 116 million in 2023 and is forecast to a readjusted size of USD 147 million by 2030 with a CAGR of 3.4% during review period.
Cinnamon Oil is the oils extracted from the leaves or bark of Cinnamomum verum.
Indonesia is the largest market with about 38% market share. China is follower, accounting for about 33% market share.
The key players are Cassia Co-op, Guangxi Jinggui, Guangxi Pengbo, Rongxian Ruifeng, PT Mitra Ayu Adi Pratama, Tung Lam, Dong Duong, Nature's Agro Products Lanka, Guangxi Gengyuan, Agrideco Vietnam etc. Top 3 companies occupied about 25% market share.
The Global Info Research report includes an overview of the development of the Cinnamon Oil industry chain, the market status of Chemical (Cinnamon Leaf Oil, Cinnamon Bark Oil), Cosmetic (Cinnamon Leaf Oil, Cinnamon Bark Oil), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Cinnamon Oil.
Regionally, the report analyzes the Cinnamon Oil markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Cinnamon Oil market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Cinnamon Oil market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Cinnamon Oil industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (MT), revenue generated, and market share of different by Type (e.g., Cinnamon Leaf Oil, Cinnamon Bark Oil).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Cinnamon Oil market.
Regional Analysis: The report involves examining the Cinnamon Oil market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Cinnamon Oil market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Cinnamon Oil:
Company Analysis: Report covers individual Cinnamon Oil manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Cinnamon Oil This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Chemical, Cosmetic).
Technology Analysis: Report covers specific technologies relevant to Cinnamon Oil. It assesses the current state, advancements, and potential future developments in Cinnamon Oil areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Cinnamon Oil market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Cinnamon Oil market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
- Cinnamon Leaf Oil
- Cinnamon Bark Oil
Market segment by Application
- Chemical
- Cosmetic
- Food & Beverage
- Others
Major players covered
- Cassia Co-op
- Guangxi Jinggui
- Guangxi Pengbo
- Rongxian Ruifeng
- PT Mitra Ayu Adi Pratama
- Tung Lam
- Dong Duong
- Nature's Agro Products Lanka
- Guangxi Gengyuan
- Agrideco Vietnam
Market segment by region, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Cinnamon Oil product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Cinnamon Oil, with price, sales, revenue and global market share of Cinnamon Oil from 2019 to 2024.
Chapter 3, the Cinnamon Oil competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Cinnamon Oil breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Cinnamon Oil market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Cinnamon Oil.
Chapter 14 and 15, to describe Cinnamon Oil sales channel, distributors, customers, research findings and conclusion.