Global Cinnamon Essential Oil Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2024 - 2034
Cinnamon essential oil is an item that is obtained by steam distilling either cinnamon bark or leaves and is known for its unique warm scent and medicinal benefits. It has made an impact in industries such as cosmetics and personal care due to its antioxidant rich properties that help combat skin aging effectively. Making it a perfect fit for anti age creams and natural skincare solutions. Moreover it plays a role, in the food and beverage sector where it is widely used to flavor bakery goods, candies and beverages.
Market Key Insights
- The Cinnamon Essential Oil market is projected to grow from $660.5 million in 2024 to $1.40 billion in 2034. This represents a CAGR of 7.8%, reflecting rising demand across Aromatherapy, Food & Beverage Industry and Personal Care Products.
Young Living Essential Oils, doTERRA, and Edens Garden are among the leading players in this market, shaping its competitive landscape.
- U.S. and China are the top markets within the Cinnamon Essential Oil market and are expected to observe the growth CAGR of 5.1% to 7.5% between 2024 and 2030.
- Emerging markets including Indonesia, Indonesia and Brazil are expected to observe highest growth with CAGR ranging between 9.0% to 10.8%.
Transition like The Shift Towards Natural Products is expected to add $95 million to the Cinnamon Essential Oil market growth by 2030
- The Cinnamon Essential Oil market is set to add $739 million between 2024 and 2034, with manufacturer targeting Cosmetics & Personal Care & Food & Beverage Applications projected to gain a larger market share.
- With
escalating demand for natural cosmetic products, and
therapeutic applications of cinnamon essential oil, Cinnamon Essential Oil market to expand 112% between 2024 and 2034.
Opportunities in the Cinnamon Essential Oil
The refreshing aroma of Cinnamon Essential Oil is also well known for its ability to promote calmness and reduce stress levels effectively in, today's paced world where stress relief is also highly sought after in aromatherapy practices.
Growth Opportunities in North America and Asia Pacific
North America Outlook
In the Cinnamon Essential Oil market North America leads the way with growth momentum. The regions dominance can be linked to an increasing recognition of organic goods as well as the widespread appeal of aromatherapy. This trend is fueling a demand for Cinnamon Essential Oil in nations, like the United States and Canada. Additionally the region is strengthened by industry participants who are dedicated to pioneering extraction methods to guarantee premium oil quality and purity. Rivalry is fierce between known firms and up and coming players competing for a share of this profitable market segment in North America due to the growing trend towards healthier living and the rising popularity of Cinnamon Essential Oil, in cosmetics applications driving market growth.
Asia Pacific Outlook
The Asia Pacific region is becoming a hub for Cinnamon Essential Oil with a promising growth outlook driven by the increasing popularity of natural health products. Countries like India and China play a role in this market due to the cultural importance of cinnamon and its oil in traditional practices and ancient medicine. The competitive scenario in this region is varied, with a mix of global companies involved in the industry. Market expansion factors encompass the use of Cinnamon Essential Oil in the food and beverage sector growing consumer inclination towards natural goods and swift advancements in extraction technology. Projections, for market growth appear promising in the Asia Pacific region..
Market Dynamics and Supply Chain
Driver: Escalating Demand for Natural Cosmetic Products, and Growth in the Food and Beverage Industry
The rising popularity of Cinnamon Essential Oil is also strongly linked to its growing use in aromatherapy for stress relief and emotional balance. As holistic wellness trends gain momentum, consumers are also increasingly turning to essential oils for relaxation, improved mood, and respiratory support. This shift is also driving higher adoption of cinnamon oil in therapeutic blends, spa treatments, and wellness-focused product formulations.
Restraint: High Cost of Production
Opportunity: Paving Pathways in Culinary Applications and Expanding Horizons in Health and Wellness
Consumers are increasingly recognizing the health advantages of products and this trend is driving the demand for Cinnamon Essential Oil in the market today. Due to its properties that include antioxidants and anti inflammatory benefits, among others; Cinnamon Essential Oil has gained significant popularity within the wellness industry and is opening up a range of market opportunities.
Challenge: Side-Effect Concerns
Supply Chain Landscape
DTERRA International
Rocky Mountain Oil
Aromantic Ltd
Bulk Apothecary
New Directions Aromatics
Now Foods
Cosmetics & Beauty
Aromatherapy
Pharmaceutical
DTERRA International
Rocky Mountain Oil
Aromantic Ltd
Bulk Apothecary
New Directions Aromatics
Now Foods
Cosmetics & Beauty
Aromatherapy
Pharmaceutical
Applications of Cinnamon Essential Oil in Aromatherapy, Food & Beverage Industry & Personal Care Products
In the realm of health practices and alternative therapies Cinnamon Essential Oil proves to be highly effective particularly in the field of aromatherapy. Its rich and comforting scent awakens the senses. Rejuvenates the mind offering a soothing effect that helps alleviate stress. This has made it a popular option for top wellness companies. Leading the industry with their oil products well known brands such, as Young Living and doTERRA have solidified their prominent roles in the market.
Cinnamon Essential Oil is highly sought after in the personal care sector due to its inflammatory and antimicrobial effects. It is an ingredient in skin creams, lotions and hair care items products to promote healthier skin and hair. Renowned brands, like The Body Shop and LOreal have included this oil in their formulations to enhance the quality of their products for consumers’ benefit.
Cinnamon Essential Oil of food grade quality is a valued flavor enhancer in the food and beverage sector due to its warming taste that complements a variety of culinary uses like baked goods and drinks. Major players in the market, like McCormick and Simply Organic utilize Cinnamon Essential Oil to elevate the taste profiles of their premium offerings.
Recent Developments
Pure Aromatics introduced a sustainable technique, for extracting Cinnamon Essential Oil. This innovative method has effectively doubled the oil yield without diminishing its potency.
Green Essence unveiled its product. 100% organic Cinnamon Essential Oil. This launch aligns with the growing consumer demand for chemical free essential oils, in the market.
Scent Therapy has teamed up with prestigious wellness facilities, across the globe to expand the availability of their high quality Cinnamon Essential Oil.
In the few years there has been a noticeable increase in the market demand, for Cinnamon Essential Oil mainly because of its captivating scent and beneficial health properties. While traditionally favored in the fragrance and beauty sectors this fragrant oil has impressively diversified its range of uses. Surpassed expectations.