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Cinnamon
Market, Supplier, Risk and
Competitive Intelligence

Manage Cinnamon Category with Ai powered
Procurement Productivity Suite

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Abi will answer all Cinnamon related
procurement queries with relevant data points

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Get up-to-date market and supplier info on Cinnamon to help you build

Intelligence covers market and price outlook, SWOT analysis, demand & supply drivers, engagement models and Procurement best practices

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Intelligence on category covers the following aspects market outlook, supply market, SWOT analysis, Cost components & Price outlook, Demand and supply drivers, Engagement Models and Procurement Best Practices

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Assess Supplier Risk based on key risk and compliance parameters

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Supplier assessment covers the following parameters Financial Risk, Ethical, Labor, Environmental Compliance, IT Security.

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Supplier assessment is powered by world’s leading data partners including D&B, CreditSafe, Dow Jones, Refinitiv, Orpheus

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Select suppliers based on industry, country, classification from a database of 4.2 mn suppliers. Get detailed supplier profiles with supplier capabilities, revenue, certifications, risk ratings

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Benchmark your category performance against peers and the market

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Measure category performance on 15 key parameters across cost, risk and strategy KPIs

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Get information on key factors affecting your supply

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Source Macro Data and Market Indices information from leading data sources across these key areas - Labor Rates, Currency, Energy, Country Risk, Trade Flow/Transportation, Port Data, Tariff, Weather and Epidemics

meet-abi-1

Abi will answer all Cinnamon related
procurement queries with relevant data points

Abi - AI powered digital procurement assistant

discover-market-info

Get up-to-date market and supplier info on Cinnamon to help you build

Intelligence covers market and price outlook, SWOT analysis, demand & supply drivers, engagement models and Procurement best practices

1

Intelligence on category covers the following aspects market outlook, supply market, SWOT analysis, Cost components & Price outlook, Demand and supply drivers, Engagement Models and Procurement Best Practices

manage-risk

Assess Supplier Risk based on key risk and compliance parameters

1

Supplier assessment covers the following parameters Financial Risk, Ethical, Labor, Environmental Compliance, IT Security.

2

Supplier assessment is powered by world’s leading data partners including D&B, CreditSafe, Dow Jones, Refinitiv, Orpheus

discover-supplier

Identify right fit suppliers based on your selection criteria including revenue, capabilities, certification, geography

1

Select suppliers based on industry, country, classification from a database of 4.2 mn suppliers. Get detailed supplier profiles with supplier capabilities, revenue, certifications, risk ratings

assess-category-perforamnce

Benchmark your category performance against peers and the market

1

Measure category performance on 15 key parameters across cost, risk and strategy KPIs

source-market-indices

Get information on key factors affecting your supply

1

Source Macro Data and Market Indices information from leading data sources across these key areas - Labor Rates, Currency, Energy, Country Risk, Trade Flow/Transportation, Port Data, Tariff, Weather and Epidemics

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Table of Contents

  1. Cinnamon Global Market Summary
  2. Cinnamon Executive Summary​
  3. Cinnamon Supply Market Outlook​
  4. Cinnamon Demand Market Outlook​
  5. Cinnamon Industry Best Practices​
  6. COVID-19 Impact - Cinnamon

 

  1. Cinnamon Market Analysis
  2. Cinnamon Value Chain Analysis​
  3. Cinnamon Global Market Outlook​
  4. Cinnamon Current Market Size ​
  5. Cinnamon Demand–Supply Trends and Forecast​
  6. Key End-Use Industries​ - Cinnamon
  7. Cinnamon Trade Dynamics

 

  1. Cinnamon Industry Analysis
  2. Cinnamon Industry Outlook​
  3. Porter’s Five Forces Analysis on Cinnamon

 

  1. Cinnamon Market Monitoring Dashboard & Insights
  2. Cinnamon Price Analysis (Indonesia)​
  3. Price Forecast for Cinnamon

 

  1. Cinnamon Supplier Analysis 
  2. Biofoods Pvt Ltd​ - Cinnamon
  3. Elite Spice​ - Cinnamon
  4. EOAS Organic Pvt Ltd. - Cinnamon

 

  1. Cinnamon Purchasing Process
  2. RFP/RFI Questionnaire - Cinnamon

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Cinnamon Global Market Outlook

  • The global cinnamon market is expected to grow at a CAGR of 8.08 percent and show a growth of $452.47 million by 2024. Indonesia and China are the top two producers, Sri Lanka and Vietnam are the major export destinations.

Impact of COVID-19 on Cinnamon Industry

  • Prices of cinnamon had traded high, due to rising demand from major import markets, like the US, Europe, and India. Demand for cinnamon has also increased from end-use industries, like personal care, pharmaceuticals, and food & beverages. However, prices are expected to witness a slight decrease, with increase in acreage and production in the coming months.

  • Although major supply countries, Indonesia and Sri Lanka have relaxed restrictions, supply disruptions can be expected as the shortage for shipping containers continue to remain a major concern in SE Asia.

  • Major suppliers in the South East Asia are facing challenges, owing to labor shortage. However, most suppliers are focusing on restoring their supply chain activities, thus supply can be expected to revive starting from Q4 2021 onwards.

  • Most FMCG companies are working on their supply chains to restrict shortage of supplies. Relaxation of lockdown and easing of supply chains, supplies are expected to be moderate.

Porter’s Five Forces Analysis on Cinnamon Industry

The suppliers have better negotiation power, as they are fragmented players and volume could be at risk. The intensity of rivalry is medium to high in the cinnamon industry, as the product differentiation is less.

Supplier Power

  • As the demand for cinnamon is high due to rising health benefits, suppliers have a higher negotiation power than buyers

  • Supply is based on favorable weather conditions to harvest and process cinnamon in facilities

  • The suppliers are fragmented and volume is small from each buyer

Barriers to New Entrants

  • Cinnamon processing facilities require capital, equipment, and labor. Hence, the barriers to new entrants are medium to high

Intensity of Rivalry

  • Cinnamon is mainly used in domestic consumption and food industries. The supply of cinnamon depends on the yield related to weather conditions.

  • The rivalry in the cinnamon industry is medium to high, as there are alternate substitutes, such as nutmeg, allspice etc.

Threat of Substitutes

  • Cinnamon can be easily substituted by allspice, nutmeg or apple pie spice, based on the recipe, as these are the closest to the flavor of cinnamon

  • Health benefits provided by cinnamon cannot be matched by its substitutes

Buyer Power

  • The buyers of cinnamon are the food and beverage companies and pharmaceutical and personal care industries

  • Buyers do not influence the prices as much as the suppliers, due to prices being driven by seasonal and fundamental factors

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