Cinnamon Market Poised To Augment The Industry At $ 1.9 Billion By 2025 : Grand View Research Inc.
San Francisco, 29 October 2019: The Report Cinnamon Market Size, Share & Trends Analysis Report By Product (Ceylon, Cassia, Saigon, Korintje), By Application (Residential, Commercial), By Region, And Segment Forecasts, 2019 – 2025 The global cinnamon market size is anticipated to reach USD 1.9 billion by 2025, according to a new report by Grand View Research, Inc., registering a 13.8% CAGR during the forecast period. Growing awareness among consumers related to the health benefits of cinnamon is a key factor driving the market. Cinnamon is a rich source of various minerals and nutrients, is loaded with anti-oxidants, acts as an anti-inflammatory, and has been known to have beneficial effects against diseases like diabetes, Alzheimer’s, and HIV-1. These benefits are likely to spur product demand over the coming years. Based on product type, Ceylon dominated market in 2018, accounting for more than 35.0% of the global revenue in 2018. The segment is expected to retai