Lanka has potential to capture 90% of global cinnamon market” - DailyNews

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Source: Daily News
Published: 2025-12-11 06:58 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Economy & Finance, Financial Markets, Sri Lanka
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Snippet:
Sri Lanka has the opportunity to capture 90% of the global cinnamon market if the country can increase the production. Currently Sri Lanka is earning about USD 250 million for a year which can easily become USD 1 billion industry in five 10 years if plans are mooted properly, opined Chathura Abeyratne – Director/COO, Joint Agri Products Ceylon, at a conference held recently in Colombo.
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