Transparency Market Research, in its recent market intelligence study, finds that the global Cinnamon Oil market registered a value of ~US$ xx Mn/Bn in 2018 and is anticipated to expand at xx% CAGR during the forecast period 2019-2029. All the consumption trends and adoption patterns of the Cinnamon Oil are covered in the report. Prominent players, including player 1, player 2, player 3 and player 4, among others, account for substantial shares in the global Cinnamon Oil market.
In this Cinnamon Oil market study, the following years are considered to project the market footprint:
- History Year: 2014 – 2018
- Base Year: 2018
- Estimated Year: 2019
- Forecast Year: 2019 – 2029
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On the basis of type, the global Cinnamon Oil market has been segmented as –
- Cinnamon Leaf Oil
- Cinnamon Bark Oil
On the basis of application, the global Cinnamon Oil market has been segmented as –
- Personal care & Cosmetics
- Food and beverages
On the basis of nature, the global Cinnamon Oil market has been segmented as –
Global Cinnamon Oil Market: Key Players
Some of the key players operating in the global cinnamon oil market are: Kamani Oil Industries Pvt Ltd, Now Health Group Inc, Sun Organic, doTERRA International, Young Living Limited, Kama Ayurveda Pvt. Ltd. Bonsoul, LorAnn Oils Inc, Firmenich, PerfumersWorld, Sigma Aldrich, Synthite Industries ltd, The John D. Walsh Company, The Essential Oil Company, Charabot S.A. and The Lermond Company, among others.
The global cinnamon oil market has evolved over the time due to the increase in demand for cinnamon oil in the aromatherapy and is expected to continue to grow in the same manner, over the forecast period.
Global Cinnamon Oil Market: Key Developments
- In October 2017:Organic Aromas launched essential oil products which included cinnamon oil, in order to cater the increasing demand for aromatherapy products.
- In May 2016:doTERRA international expanded its presence in North America region by opening two new distribution centers.
- In January 2016:Sydney Essential Oil Co. (SEOC) expanded its production facility by opening a manufacturing plant in Sydney, Australia.
- In May 2015:Melaleuca launched a new product line of 100 % pure essential oils which included cinnamon oil, in order to enhance its product portfolio
Opportunities for Market Participants
Essential oil market is highly dynamic in nature as demand and supply equation keeps on shifting from one edge to the other. Cinnamon oil is the key ingredient of the essential oil used in aromatherapy. As aromatherapy is an alternative medicine practice, which uses pure essential oils, derived from plants, to cure ailments and promote wellbeing. The beneficial effects of essential cinnamon oils to the body are applied many ways, through massage, compresses, baths, vaporizers, inhalations and atomizers. Cinnamon oil is extensively used for its floral scent and woody aroma and the most commonly used essential oil in the world today. So the opportunities lies for the players those who are entering in the cinnamon oil market, as the involvement of big players for cinnamon oil is still lacking at a global level.
Brief Approach to Research
The analysis will be done a modelling-based approach and triangulation methodology to estimate data covered in this report. A detailed market understanding and assessment of the sources, forms, application and end use segments of the product segments covered in the study is followed by carrying out a demand-side approach to estimate the sales of target segments, which is then cross-referenced with a supply-side assessment of value generated over a pre-defined period. The statistics and data is collected at a regional level, consolidated and synthesized at a global level to estimate the overall market sizes.
Key Data Points Covered in the Report
Some of the key data points covered in our report include:
- An overview of the Cinnamon Oil market, including background and evolution
- Macroeconomic factors affecting the market and its potential
- Market dynamics, such as drivers, challenges and trends
- Detailed value chain analysis of the market
- Cost structure of the products and segments covered in the study
- In-depth pricing analysis, by key segments, regions and by major market participants
- Analysis of supply and demand, such as top producing and consuming geographies, imports/exports and overall trade scenario
- Analysis of the market structure, including a tier-wise categorization of key market participants
- Competitive landscape of the market, including detailed profiles of the top players in this market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
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The Cinnamon Oil market research serves a platter of the following information:
- Extensive analysis of the drivers, restraints, opportunities and trends influencing the growth of the global Cinnamon Oil market.
- In-depth understanding of the Cinnamon Oil market as per product type, and end use.
- Exhaustive investigation of the strengths, weaknesses, opportunities and threats of various Cinnamon Oil market players.
- Precise year-on-year growth of the global Cinnamon Oil market in terms of value and volume.
- Regional analysis further broken down into countries for minute details.
The Cinnamon Oil market research answers important questions, including the following:
- What was the number of units of the Cinnamon Oil sold in 2018?
- Which Application is expected to lead the Cinnamon Oil market in forecast period?
- How are the vendors overcoming the challenges associated with the use of Cinnamon Oil ?
- What R&D projects are the Cinnamon Oil players implementing?
- Which product type will lead the global Cinnamon Oil market by 2029?
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This post was originally published on Analytics News