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Cinnamon is a favourite spice which is obtained from the inside bark of several trees from the genus Cinnamon. It is a primary essential ingredient in many food items & beverages like bakery products, desserts, tea, and flavouring. Cinnamon also has a fragrance and medical impact. It is an essential part of Ayurveda. Cinnamon is inborn in Sri Lanka, Myanmar (Burma) and the southern coastal strip of India. Cinnamon is cultivated at bushes that are at the shallow height and can sustain at extreme temperature and average rainfall also. These are harvested once in every three years to obtain cinnamon bark. Optimum temperature is 270 and 300C.
Europe Cinnamon Market Size & Growth:
The Europe Cinnamon market is estimated to be $XX billion in 2019 and is projected to grow at a CAGR of 14.05% from 2019 to 2025. Drivers that are influencing cinnamon market growth for different food items for flavour. And also rising scope in bakery, pharmaceuticals and cosmetic sectors. In day to day life cinnamon had improved use in beauty treatments.
Restraints that likely to influence cinnamon market are the intake of an excessive amount of cinnamon owing to severe side effects which can additionally result in the danger of cancer. Challenges express the quality and distribution channels and to improve to rise in the chance of causing cancer from cinnamon.
Opportunities that that measure
Europe Cinnamon Market Share:
The European market currently provides excellent opportunities for trading in cinnamon, due to continued rises in import levels and favourable prices. Europe is mainly a cassia market, but opportunities for Ceylon cinnamon may also be found in specific niches. The United Kingdom, Italy and Belgium import a much larger share of Ceylon cinnamon than the European average. There are also good prospects for sustainable suppliers and those supplying processed cinnamon.
Type segments the Europe Cinnamon market into Ceylon cinnamon tree, Cassia Cinnamon, Saigon cinnamon, Korintje, Cinnamon, and Others. By Application, the market is metameric into Food & Beverages, Medicines, and Cosmetics. By distribution channel, the market is segmented into Hypermarkets, Supermarkets, online Retailers, Convenience Stores, and Specialty Stores.
By geography, the Europe cinnamon market is analysed under the regions namely the U.K, Germany, France, Spain and Italy. The Europe Cinnamon Market had the second largest market share globally and is predicted to continue the pattern during the forecasting period.
Some of the major companies dominating the market, by their products are Pure Ceylon Cinnamon, Adam Group, Bio Foods Ltd., HDDES Group, SDS SPICES LTD., Ceylon Spice Company, Elite Spice, First Spice Mixing Company, C.F. Sauer Company, EHL Ingredients, and Bart Ingredients.
Europe Cinnamon Market Trends:
Europe Cinnamon Market Research Report:
Along with these companies, there were many other companies considered/ cited in the report while analysing the cinnamon market. These companies hold substantial share-owning to the nature of the industry whereas the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and stable customer base.
Starting from $2700
Starting from $2700
Starting from $2700
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