Cassia Powder Market: Outlook
The
increasing adoption of cassia powder in food, flavor, cosmetics, and healthcare
industries has increased their demand, particularly in Asia Pacific and Europe.
Cassia powder is also known as cinnamon powder, which is obtained from the
cassia plant. Cassia is a native plant in China, which also grows in India, Sri
Lanka, and Indonesia. The aroma of cassia powder is stimulating and warming.
Thus, it is used in various foods and beverages for flavoring delicious dishes,
confectioneries, bakery products, and also used as a cosmetic Ingredient.
Cassia powder is the grinded form of cassia or cinnamon. Due to the presence of
anti-oxidant nutrients, cassia powder is mostly utilized in nutraceuticals. The
cassia powder is also known for various health benefits, and it acts as
anti-inflammatory, anti-cancer, anti-diabetic, antimicrobial, antifungal, and
antioxidant. The cassia powder has immense applications that have created huge
demand among the consumers globally, which is expected to escalate the growth
of the cassia
powder market during the forecast period.
Applications of Cassia Powder
There is a
huge demand for cassia powder from a very long time in Southwestern China,
India, Vietnam, and Indonesia. Cassia powder is not only used in food and
beverages as spice and flavor, but also have numerous applications in cosmetics
and herbal medicines. The cassia powder is also used in the treatment of hair
fall. As cassia powder contains high fragrance, it is used as a flavoring and
aromatic agent in many food items including baked foods, confectionery, and
chewing gum. As a source of “Garam Masala” the cassia powder is used in typical
Indian foods.
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Global Cassia Powder Market: Key
Players
Some of
the major players operating in the cassia powder market include Xi’an Sheerherb
Biological Technology Co., Ltd., VISIMEX JOINT STOCK COMPANY, LINCO ENTERPRISE
CO., LTD., CV. RASDI & CO., Agrim Pte Ltd., Jay Global Exim, Rajasthan
Super Fillers Private Limited, AGRO GUMS, Kuber Impex Ltd., Royal Herbal
Products, Mangla Traders, Mahalaxmi Food Products, Vjs
Pharmaceuticals Pvt Ltd, V C Gruh Udhyog, Bhardwaj Group, Shiho Spices,
Anhui Renzhitang Pharmaceutical Share Ltd., etc. The
Industrialists and organic product manufacturers showing interests in the
cassia powder as the demand is escalating every year.
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Opportunities for Participants in
the Market
Being
massive used as spice and flavoring agent, the cassia powder has emerging
demand among the consumers and product developers all over the world. In
addition, the cassia powder is also used as a cosmetic ingredient, which also
creates additional demand. Also, it has various applications as a remedy in
Ayurveda medicines as well as in Unani Medicines for hair treatment.
·
In the India market, the manufacturer of cassia powder have a
huge opportunity as it is used as “Garam Masala” in
foods. Also, the manufacturers of cassia powder have enormous growth
opportunities in the regions such as North America, Latin America, and Europe.
By
considering the above factors, it is expected that the demand for cassia powder
is projected to be high in the near future.
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Global Cassia Powder Market:
Regional Outlook
Cassia
powder is highly consumed and manufactured in Asia Pacific and Europe, as it
forms native origin for Cinnamon. In the Asia Pacific, it mostly consumed in
India and China. Cassia powders are used as food flavoring agents, spice, and
natural remedy in the region. In the Middle East & Africa region, cassia
powder has massive imports & trade chain to formulate food and cosmetic
care products. In Europe, cassia powders are utilized as cosmetic and flavor
products in higher quantities as well as in chewing gums, and baked foods.
Bound to these factors it is predicted, the global cassia powder market is
projected to witness positive growth in the near future.
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