Spices Surge: Cinnamon Ground Market Thrives on Robust Demand | UnivDatos
The Cinnamon Ground Market is expected to witness a CAGR of around 4% during the forecast period. Cinnamon is a spice that comes from the inner bark of the tropical Cinnamomum tree, sold as rolled quills or ground into a fine powder. Cinnamon contains antioxidants, which are a healthy component of the diet that help neutralize free radicals, preventing them from damaging cells in the body. As a result, it is used in various industries such as cosmetics, food & beverages, and pharmaceuticals. Moreover, the consumption of cinnamon is gaining importance as various studies have proved its capability in reducing fasting glucose levels in type II diabetic patients and is also helpful in Alzheimer's disease. For instance, according to a report from the Alzheimer's Disease Association, in 2022, neurodegenerative diseases affect millions of people worldwide. In the United States, as many as 6.2 million people may have Alzheimer's disease. Pharmaceutical companies are focusin...