Global Cinnamon Oil Market Growth 2023-2029

Global Cinnamon Oil Market Growth 2023-2029

Cinnamon Oil is the oils extracted from the leaves or bark of Cinnamomum verum.

LPI (LP Information)' newest research report, the “Cinnamon Oil Industry Forecast” looks at past sales and reviews total world Cinnamon Oil sales in 2022, providing a comprehensive analysis by region and market sector of projected Cinnamon Oil sales for 2023 through 2029. With Cinnamon Oil sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Cinnamon Oil industry.

This Insight Report provides a comprehensive analysis of the global Cinnamon Oil landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Cinnamon Oil portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Cinnamon Oil market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Cinnamon Oil and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Cinnamon Oil.

The global Cinnamon Oil market size is projected to grow from US$ 110.2 million in 2022 to US$ 142.5 million in 2029; it is expected to grow at a CAGR of 142.5 from 2023 to 2029.

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.

This report presents a comprehensive overview, market shares, and growth opportunities of Cinnamon Oil market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Cinnamon Leaf Oil
Cinnamon Bark Oil

Segmentation by application
Chemical
Cosmetic
Food & Beverage
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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

Key Questions Addressed in this Report

What is the 10-year outlook for the global Cinnamon Oil market?

What factors are driving Cinnamon Oil market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Cinnamon Oil market opportunities vary by end market size?

How does Cinnamon Oil break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.