Ceylon Cinnamon Market
The market for Ceylon Cinnamon was estimated at $821 million in 2024; it is anticipated to increase to $1.25 billion by 2030, with projections indicating growth to around $1.76 billion by 2035.
Report Summary
Market Data
Methodology
Table of Contents
Global Ceylon Cinnamon Market Outlook
Revenue, 2024
$821M
Forecast, 2034
$1.64B
CAGR, 2025 - 2034
7.2%
The Ceylon Cinnamon industry revenue is expected to be around $879.6 million in 2025 and expected to showcase growth with 7.2% CAGR between 2025 and 2034. The rise of the Ceylon Cinnamon market can be credited to important factors. Health benefits play a role in driving its demand as it has been a staple in traditional medicine for many years. Nowadays it is gaining attention due to increased awareness among consumers about its medicinal values. In addition the global trend, towards organic food choices is further fuelin gthis growth. The combination of these factors along with product enhancements and improvements in farming methods are helping to maintain the significance and durability of the Ceylon Cinnamon market, within the worldwide spice sector.
Ceylon Cinnamon is true cinnamon due to its fragrance and sugary flavor that sets it apart from the more common Cassia Cinnamon variety. It is mainly harvested from the bark of native Sri Lankan Cinnamomum verum trees which adds to its exclusive and high quality reputation in spice markets. Ceylon Cinnamon is widely used across industries including food and drinks as well, as pharmaceuticals because of its unique taste and health benefits.
Market Key Insights
- The Ceylon Cinnamon market is projected to grow from $820.5 million in 2024 to $1.64 billion in 2034. This represents a CAGR of 7.2%, reflecting rising demand across Culinary Delight, Beauty Ingredient and Health Booster.
- Cinnamon Hill, Frontier Co-op, Sustar Industries are among the leading players in this market, shaping its competitive landscape.
- U.S. and India are the top markets within the Ceylon Cinnamon market and are expected to observe the growth CAGR of 4.7% to 6.9% between 2024 and 2030.
- Emerging markets including Brazil, UAE and South Korea are expected to observe highest growth with CAGR ranging between 8.3% to 9.9%.
- Transition like Shift towards Organic Products has greater influence in U.S. and India market's value chain; and is expected to add $109 million of additional value to Ceylon Cinnamon industry revenue by 2030.
- The Ceylon Cinnamon market is set to add $824 million between 2024 and 2034, with manufacturer targeting Pharmaceuticals & Cosmetics Application projected to gain a larger market share.
- With
culinary regimes emphasizing natural ingredients, and
therapeutic advancements in herbal medicine, Ceylon Cinnamon market to expand 100% between 2024 and 2034.
Opportunities in the Ceylon Cinnamon
Ceylon Cinnamon presents potential in the cosmetics sector due to its antimicrobial properties and positive effects on skin health and appearance. Ceylon Cinnamon holds promise for integration into skincare and beauty items due, to its recognized properties and ability to enhance skin health.
Growth Opportunities in North America and Asia Pacific
The market for Ceylon Cinnamon in North America is showing growth potential due to an increasing preference for natural and organic products in sectors such as healthcare and cuisine. The growing trend of including ingredients in everyday meals for their reputed health advantages has led to higher interest in Ceylon Cinnamon. Major players in the industry like McCormick and Simply Organic are intensifying competition in the market emphasizing the need, for a planned marketing approach to attract consumer attention. Advances in incorporating Ceylon Cinnamon into health supplements and foods also play a crucial role, in driving market growth in the region.
In the Asia Pacific region Ceylon Cinnamon is mainly obtained from countries like Sri Lanka known for its high quality cinnamon production globally. However the increasing popularity of spice mixtures in nations such as China and India due to changes in population demographics and evolving food tastes is creating opportunities for the expansion of the Ceylon Cinnamon market. The strong rivalry, among spice vendors necessitates a well thought out content marketing plan that uses consumer friendly language to draw in a larger online audience. The growth of the FMCG industry and rising recognition of the health benefits associated with Ceylon Cinnamon are factors, in this region.
Market Dynamics and Supply Chain
01
Driver: Culinary Regimes Emphasizing Natural Ingredients, and Expanding Avenues in Cosmetics and Personal Care
Ceylon Cinnamon has also seen a rise in popularity thanks to the increasing global interest in natural and organic ingredients within the food industry sector. Its distinct sweet and aromatic qualities make it a popular choice for enhancing the flavors of baked goods and desserts leading to a growth in its market demand. Known as true cinnamon this spice is also widely used as a flavor enhancer, in various culinary creations worldwide thus further boosting its market expansion and appeal among consumers. The antioxidant-rich nature of Ceylon Cinnamon is also being harnessed in the booming cosmetics and personal care industry. Its applications are also suitable for enhancing skin health, reducing signs of aging, and improving hair quality, thus driving its market expansion in this realm.
The healing advantages linked with Ceylon Cinnamon have also contributed to an increase in its use as a component in contemporary medicines. Ceylon Cinnamon is also well known for its inflammatory and antioxidant properties that play a crucial part in addressing different health conditions. The significant popularity of Ceylon Cinnamon, in the nutritional sectors supports this upward trend.
02
Restraint: Restriction High Production Costs
The process of cultivating Ceylon Cinnamon involves an amount of manual labor and time investment which in turn contributes to increased production expenses; consequently affecting the pricing structure and making it less accessible to regular buyers. Furthermore this element plays a role in determining the pricing strategies adopted by manufacturers resulting in limited consumer demand since Ceylon Cinnamon is positioned as a premium condiment, within the market. As a result this scenario hampers market expansion efforts. Disrupts market dynamics thereby impeding the overall growth trajectory of the Ceylon Cinnamon industry.
03
Opportunity: Innovating Culinary Uses and Exploring the Nutraceutical Market
The realm of cuisine is expanding with a greater variety of flavors being introduced into dishes worldwide. A trend that opens up exciting possibilities for incorporating Ceylon Cinnamon into a range of culinary creations! This distinct spice has the ability to enhance the taste profiles of both savory meals alike; thereby providing chefs with an innovative and flexible ingredient to play around with in their kitchens. Be it, in upscale dining establishments or cozy home cooked meals! By showcasing recipes that highlight the unique qualities of Ceylon Cinnamon across different culinary settings and styles can help encourage more widespread exploration and enjoyment of this versatile spice.
The nutra market sees a future for Ceylon Cinnamon due to the increasing interest in health among buyers; this trend fuels the desire for organic ingredients like Ceylon Cinnamon to soar in demand rapidly thanks to its potent antioxidants and blood sugar regulation benefits. Making it a prime choice, for supplements and nutritious foods that appeal to health buffs and potentially boost profits significantly too.
04
Challenge: Market Competition from Cassia Cinnamon
Cassia Cinnamon, often mistaken for Ceylon Cinnamon, has a significant market presence. Its wide availability and lower price make it a fierce competitor, leading to diluted market shares for the latter. The consumers unawareness about the differences between the twos of cinnamon deviates the demand towards the cheaper Cassia variant.
Supply Chain Landscape
1
Cultivation
Dru EraPure Ceylon Cinnamon
2
Processing
Adamjees & HedgesHarischandra Mills
3
Distribution
Cinnamon HillBio Foods Private Ltd
4
Retail
McCormickFrontier Co-op
1
Cultivation
Dru EraPure Ceylon Cinnamon
2
Processing
Adamjees & HedgesHarischandra Mills
3
Distribution
Cinnamon HillBio Foods Private Ltd
4
Retail
McCormickFrontier Co-op
Use Cases of Ceylon Cinnamon in Culinary Delight & Beauty Ingredient
Culinary Delight : Ceylon Cinnamon is a sought-after spice in numerous recipes. Its unique sweet and warm flavor makes it an essential ingredient in kitchen racks. This of Ceylon Cinnamon, known as true cinnamon, is utilized in sweet and dessert recipes such as apple pie, cinnamon rolls, and coffee flavorings, empowering chefs to add a hint of richness to their dishes. The food and beverage industry players like McCormick and Simply Organic are known for their premium grade Ceylon Cinnamon products which have positioned them as market leaders.
Health Booster : This versatile spice is not only just about flavor. Owing to its high antioxidant, anti-inflammatory properties, and blood sugar regulating properties, Ceylon Cinnamon is extensively used in the pharmaceutical sector. It is particularly used in powdered form in capsules as a dietary supplement to promote heart health and support weight loss. Top pharmaceutical companies such as Natures Bounty and NutriFlair leverage the benefits of Ceylon Cinnamon in their wellness products, bolstering their market presence.
Beauty Ingredient : Lately, Ceylon Cinnamon is gaining notable traction in the cosmetics industry for its skin-enhancing benefits. Its natural antimicrobial, anti-inflammatory, and anti-aging properties make it an ideal ingredient in formulations such as face masks, scrubs, serums, and nourishing oils. Recent developments show growing interest from premium skincare brands, which are incorporating Ceylon Cinnamon to meet consumer demand for clean, botanical, and results-driven cosmetic solutions.
Recent Developments
In recent years, the market for Ceylon Cinnamon has proven to be promising. Recognized as true cinnamon, this product is gaining increasing traction for its distinctive sweet aroma, lighter color, and health benefits compared to common cinnamon, often referred to as Cassia.
December 2024 : McCormick & Company announced a sustainability initiative for their Ceylon Cinnamon supply chain, aiming to empower rural agrarian communities in Sri Lanka and ensuring environmental preservation
October 2024 : Dilmah Tea, known for its premium Ceylon tea, launched a new spin on their product line featuring blends with Ceylon Cinnamon promising health benefits
July 2024 : Kiva Health Brands entered into a strategic partnership with Sri Lankan farmers to source premium quality Ceylon Cinnamon directly, ensuring fair trade norms and promoting local economies.
Impact of Industry Transitions on the Ceylon Cinnamon Market
As a core segment of the Agriculture & Horticulture Produce industry,
the Ceylon Cinnamon market develops in line with broader industry shifts.
Over recent years, transitions such as Shift towards Organic Products and Use in Alternative Medicine have redefined priorities
across the Agriculture & Horticulture Produce sector,
influencing how the Ceylon Cinnamon market evolves in terms of demand, applications and competitive dynamics.
These transitions highlight the structural changes shaping long-term growth opportunities.
01
Shift towards Organic Products
The growing focus on health and well being has caused a notable shift towards options in the food and beverage sector impacting the Ceylon Cinnamon market where more consumers are opting for organic varieties over traditional ones due to their lack of synthetic chemicals making them in line with the clean label movement seen in the food industry nowadays This rise in demand for wholesome products has prompted producers to seek organic certification which ultimately resulted in a rise, in the supply of organic Ceylon Cinnamon worldwide.
02
Use in Alternative Medicine
The rise in popularity of alternative medicine practices, such as Ayurveda and Traditional Chinese Medicine , has resulted in a surge in the demand for Ceylon Cinnamon. Its therapeutic properties, including its ability to regulate blood sugar levels and reduce inflammation, are being recognized and utilized in these traditional medicine practices, transforming its market potential and industry relevance.