London, Feb 05, 2018: Increasing preference for natural ingredients or flavors over synthetic flavors among end-consumers is driving the consumption of cinnamon all over the world. Additionally, growing popularity of Asian cuisines in developed regions such as Europe and North America is also driving the demand in the global cinnamon market.
SpendEdge’s latest procurement research report on the global cinnamon market offers an in-depth assessment of the crucial factors influencing the supply market, strategic procurement and sourcing decisions, pricing models, and procurement best practices. The report, a part of the agro commodities and raw materials portfolio, also offers detailed insights into the supply chain management, key market developments, and demand-supply shifts to help sourcing and procurement experts make smart procurement decisions.
“Increasing consumer concerns about health-hazards associated with the consumption of synthetic flavorings used in the food industry have led to the growth in demand for natural food flavoring spices and additives such as cinnamon globally. –A Kowshik, agro commodities and raw materials procurement research specialist at SpendEdge.
Cinnamon products containing volatile oil content of more than 3% are considered as high-quality products, while cinnamon products with a volatile oil content of 0.5%–2% are considered as low-quality products. However, buyers often find inconsistency in volatile oil content of cinnamon products due to factors such as the use of improper farming techniques, adulteration, and mixing of cinnamon grades causing a significant procurement problem in the market.
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This procurement report on the cinnamon market offers insights on:
- Supply markets, growth drivers, trends, and imminent restraints
- Key suppliers and assessment of their capabilities
- Procurement best practices
- Negotiation strategies and cost-saving opportunities
- Pricing models and category innovations
- For a comprehensive, detailed list, view our full report
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