Middle East & Africa Cinnamon Market Size & Outlook
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MEA cinnamon market highlights
- The MEA cinnamon market generated a revenue of USD 72.5 million in 2018.
- The market is expected to grow at a CAGR of 14.2% from 2019 to 2025.
- In terms of segment, cassia was the largest revenue generating product in 2018.
- Ceylon is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, UAE is expected to register the highest CAGR from 2019 to 2025.
MEA data book summary
| Market revenue in 2018 | USD 72.5 million |
| Market revenue in 2025 | USD 183.8 million |
| Growth rate | 14.2% (CAGR from 2018 to 2025) |
| Largest segment | Cassia |
| Fastest growing segment | Ceylon |
| Historical data covered | 2015 - 2017 |
| Base year for estimation | 2018 |
| Forecast period covered | 2019 - 2025 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Ceylon, Cassia, Saigon, Korintje |
| Key market players worldwide | Sauer's, First Spice, Elite Spice, EHL Ingredients, McCormick & Co Inc Registered Shs Non Vtg |
Other key industry trends
- In terms of revenue, MEA region accounted for 9.5% of the global cinnamon market in 2018.
- Globally, North America is projected to lead the regional market in terms of revenue in 2025.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 474.5 million by 2025.
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Cinnamon Market Scope
Cinnamon Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| EHL Ingredients | View profile | 51-100 | Stockport, Stockport, United Kingdom, Europe | https://www.ehl-ingredients.co.uk |
| Elite Spice | View profile | 251-500 | Jessup, Maryland, United States, North America | http://www.elitespice.com/ |
| First Spice | View profile | 11-50 | Long Island City, New York, United States, North America | https://firstspice.com |
| Sauer's | View profile | 501-1000 | Richmond, Virginia, United States, North America | https://www.cfsauer.com/ |
| McCormick & Co Inc Registered Shs Non Vtg | View profile | 13800 | 24 Schilling Road, Suite 1, Hunt Valley, MD, United States, 21031 | https://www.mccormickcorporation.com |
Middle East & Africa 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.
Cassia was the largest segment with a revenue share of 64.55% in 2018. Horizon Databook has segmented the Middle East & Africa cinnamon market based on ceylon, cassia, saigon, korintje covering the revenue growth of each sub-segment from 2015 to 2025.
Reasons to subscribe to Middle East & Africa cinnamon market databook:
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Middle East & Africa cinnamon market databook
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Our clientele includes a mix of cinnamon market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa cinnamon market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa cinnamon market from 2015 to 2025, including revenue numbers, major trends, and company profiles.
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MEA cinnamon market size, by country, 2015-2025 (US$M)
Middle East & Africa Cinnamon Market Outlook Share, 2018 & 2025 (US$M)
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