United States Oleum Cinnamomi Market was valued at USD 0.4 Billion in 2022 and is projected to reach USD 0.7 Billion by 2030, growing at a CAGR of 7.2% from 2024 to 2030.
The US Oleum Cinnamomi market is growing due to its diverse applications in multiple industries. Oleum Cinnamomi, commonly known as cinnamon oil, has been widely used for centuries in various sectors, from pharmaceuticals to food and beverages. In recent years, the demand for Oleum Cinnamomi has increased as industries seek natural alternatives for flavoring, medicinal properties, and even cosmetic formulations.
In the pharmaceutical industry, Oleum Cinnamomi is valued for its antiseptic, anti-inflammatory, and antimicrobial properties. These qualities make it an essential ingredient in many medicinal formulations aimed at relieving ailments like colds, coughs, and digestive issues. With an increasing preference for natural remedies, pharmaceutical companies have turned to Oleum Cinnamomi to develop more holistic solutions, boosting its demand across the sector.
Food and beverage industries are also major consumers of Oleum Cinnamomi. As people look for natural flavoring agents, cinnamon oil has become a popular choice due to its ability to add a distinctive taste to various products, including candies, baked goods, and beverages. The growing trend of clean-label products, which are free from artificial additives, has made Oleum Cinnamomi an ideal ingredient in this market.
The cosmetics and personal care industry has not been left behind in the demand for Oleum Cinnamomi. Known for its aromatic fragrance and skin-benefiting properties, cinnamon oil is used in perfumes, soaps, and skincare products. Its ability to stimulate circulation and improve skin health has made it a sought-after ingredient in beauty products designed to enhance skin texture and radiance.
The industrial sector also plays a role in the growing demand for Oleum Cinnamomi. Companies in the cleaning and disinfectant industry utilize cinnamon oil’s antimicrobial properties to create effective, natural cleaning agents. As sustainability becomes a top priority, businesses are turning to more eco-friendly and natural ingredients like Oleum Cinnamomi to meet consumer demands for green products.
In the US market, the growing awareness of the benefits of natural ingredients across multiple industries has contributed to the steady rise in demand for Oleum Cinnamomi. As companies continue to prioritize sustainability and natural solutions, the Oleum Cinnamomi market is set to expand, creating new opportunities for growth and innovation in various sectors.
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Cassia Co-op
Guangxi Jinggui
Guangxi Pengbo
Rongxian Ruifeng
PT Mitra Ayu Adi Pratama
Tung Lam
Dong Duong
Nature€™s Agro Products Lanka
Guangxi Gengyuan
Agrideco Vietnam
Segment by Type
Cinnamon Leaf Oil
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the US Oleum Cinnamomi Market
Essential Oils
Extracts
Powders
Concentrates
Oleoresins
Food and Beverages
Pharmaceuticals
Cosmetics and Personal Care
Aromatherapy
Household Products
Food Industry
Nutraceuticals
Cosmetic Manufacturers
Fragrance and Flavors Industry
Healthcare Sector
Online Retailers
Supermarkets and Hypermarkets
Specialty Stores
Pharmacies
Direct Sales
Flavoring Agents
Fragrance Agents
Preservatives
Antimicrobial Agents
Therapeutic AgentsÂ
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US Oleum Cinnamomi Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Oleum Cinnamomi Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Oleum Cinnamomi Market, By Type
6. US Oleum Cinnamomi Market, By Application
7. US Oleum Cinnamomi Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Oleum Cinnamomi Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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