The Middle East and Africa Cinnamon Market size is expected to reach USD 50 million in 2024 and USD 70 million by 2029, growing at a CAGR of 5.87% during the forecast period.
The market is showcasing evident potential in the mentioned forecasting period. The market continues to gain momentum with the rapid development in the food industry. Cinnamon is a popular spice obtained from the inside bark of several trees from the genus Cinnamon. It is a vital ingredient in many food items & beverages like bakery products, desserts, tea, and flavouring. Cinnamon also has fragrance and medical significance. It is an essential part of Ayurveda. The Middle East and Africa cinnamon market is mainly driven by factors like growing demand for cinnamon in different food items for flavour, rising scope in bakery, pharmaceuticals, and cosmetics sectors, and increasing awareness about the health benefits of cinnamon. However, cinnamon is still considered as a luxury ingredient and is thus costly, thus hampering the growth of market in the poor societal class.
On the basis of geography, the Middle East and Africa market is analyzed under the regions namely the Middle East and Africa. The Middle East and Africa Cinnamon Market is predicted to show significant growth during the forecasting period.
Key Players In Middle East And Africa Cinnamon Market are Pure Ceylon Cinnamon, Adam Group, Bio Foods (Pvt) Ltd, HDDES Group, SDS SPICES (PVT) LTD, Ceylon Spice Company, Elite Spice, First Spice Mixing Company, C.F. Sauer Company, EHL Ingredients, Bart Ingredients.
Frequently Asked Questions
The cinnamon market in the Middle East and Africa refers to the industry involved in the production, trade, and consumption of cinnamon spice within the region. Cinnamon is widely used in culinary applications, traditional medicine, and fragrance industries.
The main types of cinnamon consumed in the region include Ceylon cinnamon (also known as "true" cinnamon) and cassia cinnamon. Ceylon cinnamon is prized for its mild flavor and is often preferred in culinary applications, while cassia cinnamon is more commonly used in traditional medicine.
Factors driving the market include increasing consumer awareness about the health benefits of cinnamon, rising demand for natural and organic spices, growth in the food and beverage industry, and the use of cinnamon in traditional remedies.
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