Peru Cinnamon Market Size & Outlook, 2018-2025
Related Markets
Peru cinnamon market highlights
- The Peru cinnamon market generated a revenue of USD 20.6 million in 2018 and is expected to reach USD 45.4 million by 2025.
- The Peru market is expected to grow at a CAGR of 12% from 2019 to 2025.
- In terms of segment, ceylon was the largest revenue generating product in 2018.
- Cassia is the most lucrative product segment registering the fastest growth during the forecast period.
Cinnamon market data book summary
| Market revenue in 2018 | USD 20.6 million |
| Market revenue in 2025 | USD 45.4 million |
| Growth rate | 12% (CAGR from 2018 to 2025) |
| Largest segment | Ceylon |
| Fastest growing segment | Cassia |
| Historical data | 2015 - 2017 |
| Base year | 2018 |
| Forecast period | 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, Peru accounted for 2.7% 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 Latin America, Peru cinnamon market is projected to lead the regional market in terms of revenue in 2025.
- Peru is the fastest growing regional market in Latin America and is projected to reach USD 45.4 million by 2025.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
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 |
Peru 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.
Ceylon was the largest segment with a revenue share of 96.6% in 2018. Horizon Databook has segmented the Peru cinnamon market based on ceylon, cassia, saigon, korintje covering the revenue growth of each sub-segment from 2015 to 2025.
Reasons to subscribe to Peru cinnamon market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
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 Peru cinnamon market databook
-
Our clientele includes a mix of cinnamon market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 country-level data and insights on the Peru cinnamon market , including forecasts for subscribers. This country databook contains high-level insights into Peru cinnamon market from 2015 to 2025, including revenue numbers, major trends, and company profiles.
Partial client list
Peru cinnamon market size, by application, 2015-2025 (US$M)
Peru Cinnamon Market Outlook Share, 2018 & 2025 (US$M)
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
