Carob Powder Market
Carob Powder Market Analysis By Product Type (Natural and Organic Carob Powder), By Sales Channel (B2B, B2C), By Region - Global Forecast 2022 to 2032
Analysis of Carob Powder market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Carob Powder Market Outlook (2022-2032)
Global consumption of carob powder is expected to increase rapidly at a CAGR of 6.3% from 2022 to 2032. The global carob powder market was valued at US$ 54.9 billion in 2021 and is anticipated to reach a market valuation of US$ 105.9 billion by the end of 2032.
Report Attributes |
Details |
Carob Powder Market Size (2022) |
US$ 57.5 Billion |
Projected Year Value (2032) |
US$ 105.9 Billion |
Global Market Growth Rate (2022-2032) |
6.3% CAGR |
China Market Share (2022) |
44.4% |
Key Companies Profiled |
|
Natural carob powder sales are projected to increase at a CAGR of 6.8% from 2022 to 2032, attributed to their health benefits and increasing product availability.
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Demand Analysis of Carob Powder (2017-2021) Vs Market Outlook (2022-2032)
“Rising Application of Carob Powder in Pharmaceuticals and Food & Beverage Sectors”
The global carob powder market was valued at US$ 54.9 billion in 2021.
Carob powder is a sort of carob pod-based cuisine. After drying, the pod is ground into a powder. The flavor of carob seed flour is sweet and chocolate-like. It's frequently used in place of cocoa powder or chocolate. Cakes, cookies, and other desserts can all be made from carob seed powder. Smoothies, yoghurt, and carob chocolates can all benefit from this ingredient.
Carob bean powder has a lot of calcium, fiber, and protein; therefore, it has several health advantages. Furthermore, the powder is vegan, gluten-free, caffeine-free, and naturally sweet; therefore there's no need to add sugar. Carob also includes nearly no saturated fat and no cholesterol, making it a favorite choice among health-conscious consumers.
Rising disposable income and an increasing vegan population are boosting the sales of raw carob powder. The growing popularity of confectionery and baked items among suburban residents and rising carob chocolate sales are set to fuel market expansion over the coming years.
Carob powder consumption is projected to increase at a noteworthy CAGR of 6.3% from 2022 to 2032.
What’s Fuelling Worldwide Sales of Carob Powder?
“Growing Carob Powder Usage as Dietary Supplement”
Growing market opportunities for functional food are being driven by expanding urbanization and increasingly hectic lifestyles. Carob powder contains polyphenol antioxidants, making it a good source of fiber. Carob powder products have anti-inflammatory, anti-cancer, anti-diabetic, and neuroprotective qualities, all of which are driving carob flour demand from the dietary supplement and pharmaceutical industries.
Carob powder ingredients are used for human dietary food processing since it contains more than 95% protein isolate and has a well-balanced amino acid makeup. Carob powder is also utilized in the food sector as a thickening, stabilizing, and gelling ingredient.
Carob pod meal is also a good source of energy and is used as a livestock feed, especially for ruminants. Because carob powder for dogs has no caffeine or bromine, it is extensively used in animal pet diets, particularly dog food. Carob flour market opportunities are increasing due to rising demand for animal feed, growing usage of carob powder for skin, and increased awareness about animal welfare.
What’s Impeding Carob Powder Market Growth?
“Presence of Alternatives & High Cost of Carob Powder Products Restraining Market Expansion”
Limited availability and the presence of alternatives in the carob powder market are some of the significant issues the carob market will face over the coming years, even hurting the sales growth of carob gum.
Raw material shortages, the high cost of carob powder products, and the lack of knowledge about the benefits of carob powder are factors that are hampering market growth.
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Which Region Accounts for Most Demand for Carob Powder?
“Growing Consumer Interest in Healthy Alternatives Driving North America Market Growth”
North America accounts for 33% share of the global carob powder market.
The average American consumes 3,400 mg of sodium each day, according to Mayo Clinic. This is significantly more than the RDA of 2,300 mg. Even less is recommended by the American Heart Association, at 1,500 mg per day.
As such, demand for carob is likely to acquire considerable pace in the North American market over the forecast period.
Consumer interest in healthy alternatives to chocolate is also credited for market growth. North America is one of the world's largest consumers of chocolate and bakery items.
Furthermore, customers are adjusting their preferences toward plant-based or plant-derived products, resulting in the growth of the vegan community. Carob powder demand in the region will eventually rise as a result of this.
Country-wise Insights
How Will the U.S. Carob Powder Market Perform Going Forward?
“Rising Demand for Organic Carob Powder Driving Market Expansion”
The U.S. carob powder market is projected to expand at a CAGR of 6.7% from 2022 to 2032.
Rising demand for gluten-free diets in the United States is expected to boost spending on carob powder as a natural ingredient in the commercial and domestic sectors over the forecast period.
Growing demand for carob powder usage in various confectionery and bakery items, rising demand for organic carob powder, and growing preference for healthy food alternatives are all driving market growth in the U.S.
Why is China a Prominent Market for Carob Powder Suppliers?
“Prominent Presence of Carob Powder Brands in China”
China is expected to account for 46.7% revenue share of the global carob powder market by 2032.
Key players are increasing their investments and launching new products to capitalize on the potential expansion of carob powder sales. The key element driving product demand in China is the growing popularity of carob powder due to its high nutritious value.
In addition, the increasing availability of carob powder in supermarkets and hypermarkets and the presence of carob powder brands are expected to raise demand in the future years. Furthermore, due to the rising prevalence of diabetes in China, altering consumer preference toward sugar-free options is likely to boost the demand for unsweetened carob powder over the coming years.
Category-wise Insights
Will Natural Carob Powder Capture Higher Market Share?
“Growing Demand for Natural Carob Powder to Increase Nutritional Value of Food”
Natural carob powder accounts for 59.3% of the global carob powder market share.
Segment growth can be attributed to natural carob powder, which is the raw material for artificial chocolates, being more widely available and extremely popular.
For health reasons, consumers choose products that contain natural components and additives. A major reason propelling segment growth is the availability of natural carob powder at lower rates than organic carob powder.
Which Sales Channel Will Be Most Rewarding for Market Players?
“B2B Sales Channel Accounts for High Sales of Carob Powder Products”
The B2B segment, in terms of sales channel, is expected to rise at a CAGR of 6.7% over the forecast period. This is due to the increased use of carob powder in confectionery and baking items.
The worldwide bakery sector has grown in recent years as industry participants have increased their investments in the production of nutritious baked goods and premium artisanal items.
Growing carob powder ingredient demand in the production of baked items is driving market growth. Companies manufacturing vegan and health supplements are mainly concentrating on introducing vegan and sugar-free food products to obtain a competitive advantage, adding to segment growth over the coming years.
COVID-19 Impact on Sales of Carob Powder
The COVID-19 pandemic had a negative impact on the carob powder industry. Market closures, which put an end to people eating out, as well as a downturn in demand for various foods and beverages, contributed to the industry’s decline. Revenue generation in foodservice and other food industries decreased significantly, resulting in lower sales of carob flour.
However, product demand increased with the revival of industrial operations and the latest trends in carob powder. Carob powder manufacturers can profit from the increased demand for the product by assuring a steady supply. Market participants are also aiming to provide clients, particularly end users, with comprehensive solution ideas, which is expected to drive the demand for carob seed powder over the coming years.
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Competitive Landscape
Product innovation is projected to be a key success factor for the worldwide carob powder industry. Carob powder manufacturers are boosting their investments in the manufacture and development of carob-based confectionery products.
As the carob powder market becomes increasingly competitive, leading competitors are concentrating their efforts on achieving higher production capacity to meet consumer expectations.
Key Segments Covered in Carob Powder Industry Research
-
Carob Powder Market by Product Type :
- Natural Carob Powder
- Organic Carob Powder
-
Carob Powder Market by Sales Channel :
- B2B Sales of Carob Powder
- B2C Sales of Carob Powder
-
Carob Powder Market by Region :
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Table of Content
1. Executive Summary 1.1. Global Market Outlook 1.2. Demand Side Trends 1.3. Supply Side Trends 1.4. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 2.3. Inclusions/Exclusions 3. Key Market Trends 3.1. Key Trends Impacting the Market 3.2. Product Type modifications /Innovation 4. Key Success Factors 4.1. Strategic Developments 4.2. Key regulations 4.3. Product Type USPs /Technology 4.4. List of Manufacturers and Providers 5. Market Background 5.1. Macro-Economic Factors 5.1.1. Global GDP outlook 5.1.2. Increasing R&D Expenditure 5.2. Forecast Factors - Relevance & Impact 5.2.1. New Product Type launches 5.2.2. Cost of Product Types 5.3. Market Dynamics 5.3.1. Drivers 5.3.2. Restraints 5.3.3. Opportunity Analysis 6. COVID19 Crisis Analysis 6.1.1. Current COVID19 Statistics and Probable Future Impact 6.1.2. Current GDP Projection and Probable Impact 6.1.3. Current Economic Projection as Compared to 2008 Economic analysis 6.1.4. COVID19 and Impact Analysis 6.1.4.1. Revenue By Product Type 6.1.4.2. Revenue By Sales Channel 6.1.4.3. Revenue By Country 6.1.5. 2021 Market Scenario 6.1.6. Quarter by Quarter Forecast 6.1.7. Projected Recovery Quarter 7. Global Carob Powder Market Volume (Units) Analysis 2017-2021 and Forecast, 2022-2032 7.1. Historical Market Volume (Units) Analysis, 2017-2021 7.2. Current and Future Market Volume (Units) Projections, 2022-2032 7.2.1. Y-o-Y Growth Trend Analysis 8. Global Carob Powder Market - Pricing Analysis 8.1. Regional Pricing Analysis By Product Type 8.2. Pricing Break-up 8.2.1. Manufacturer Level Pricing 8.2.2. Distributor Level Pricing 8.3. Global Average Pricing Analysis Benchmark 9. Global Carob Powder Market Value Analysis 2017–2021 and Forecast, 2022-2032 9.1. Historical Market Value (US$ Mn) Analysis, 2017–2021 9.2. Current and Future Market Value (US$ Mn) Projections, 2022-2032 9.2.1. Y-o-Y Growth Trend Analysis 9.2.2. Absolute $ Opportunity Analysis 10. Global Carob Powder Market Analysis 2017–2021 and Forecast 2022-2032, by Product Type 10.1. Introduction / Key Findings 10.2. Historical Market Size (US$ Mn) Analysis By Product Types & Services, 2017–2021 10.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Product Type, 2022-2032 10.3.1. Natural 10.3.2. Organic 10.4. Market Attractiveness Analysis By Product Type 11. Global Carob Powder Market Analysis 2017–2021 and Forecast 2022-2032, by Sales Channel 11.1. Introduction / Key Findings 11.2. Historical Market Size (US$ Mn) Analysis By Sales Channel , 2017–2021 11.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Sales Channel , 2022-2032 11.3.1. B2B 11.3.2. B2C 11.4. Market Attractiveness Analysis By Sales Channel 12. Global Carob Powder Market Analysis 2017–2021 and Forecast 2022-2032, by Region 12.1. Introduction 12.2. Historical Market Size (US$ Mn) Analysis By Region, 2017–2021 12.3. Current Market Size (US$ Mn) Analysis and Forecast By Region, 2022-2032 12.3.1. North America 12.3.2. Latin America 12.3.3. Europe 12.3.4. East Asia 12.3.5. South Asia 12.3.6. Oceania 12.3.7. Middle East and Africa (MEA) 12.4. Market Attractiveness Analysis By Region 13. North America Carob Powder Market Analysis 2017–2021 and Forecast 2022-2032 13.1. Introduction 13.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017–2021 13.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2022-2032 13.3.1. By Country 13.3.1.1. U.S. 13.3.1.2. Canada 13.3.2. By Product Type 13.3.3. By Sales Channel 13.4. Market Attractiveness Analysis 13.5. Key Market Participants - Intensity Mapping 13.6. Drivers and Restraints - Impact Analysis 14. Latin America Carob Powder Market Analysis 2017–2021 and Forecast 2022-2032 14.1. Introduction 14.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017–2021 14.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2022-2032 14.3.1. By Country 14.3.1.1. Brazil 14.3.1.2. Mexico 14.3.1.3. Argentina 14.3.1.4. Rest of Latin America 14.3.2. By Product Type 14.3.3. By Sales Channel 14.4. Market Attractiveness Analysis 14.5. Key Market Participants - Intensity Mapping 14.6. Drivers and Restraints - Impact Analysis 15. Europe Carob Powder Market Analysis 2017–2021 and Forecast 2022-2032 15.1. Introduction 15.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017–2021 15.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2022-2032 15.3.1. By Country 15.3.1.1. Germany 15.3.1.2. Italy 15.3.1.3. France 15.3.1.4. U.K. 15.3.1.5. Spain 15.3.1.6. Russia 15.3.1.7. Rest of Europe 15.3.2. By Product Type 15.3.3. By Sales Channel 15.4. Market Attractiveness Analysis 15.5. Key Market Participants - Intensity Mapping 15.6. Drivers and Restraints - Impact Analysis 16. South Asia Carob Powder Market Analysis 2017–2021 and Forecast 2022-2032 16.1. Introduction 16.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017–2021 16.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2022-2032 16.3.1. By Country 16.3.1.1. India 16.3.1.2. Thailand 16.3.1.3. Indonesia 16.3.1.4. Malaysia 16.3.1.5. Rest of South Asia 16.3.2. By Product Type 16.3.3. By Sales Channel 16.4. Market Attractiveness Analysis 16.5. Key Market Participants - Intensity Mapping 16.6. Drivers and Restraints - Impact Analysis 17. East Asia Carob Powder Market Analysis 2017–2021 and Forecast 2022-2032 17.1. Introduction 17.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017–2021 17.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2022-2032 17.3.1. By Country 17.3.1.1. China 17.3.1.2. Japan 17.3.1.3. South Korea 17.3.1.4. Rest of East Asia 17.3.2. By Product Type 17.3.3. By Sales Channel 17.4. Market Attractiveness Analysis 17.5. Key Market Participants - Intensity Mapping 17.6. Drivers and Restraints - Impact Analysis 18. Oceania Carob Powder Market Analysis 2017–2021 and Forecast 2022-2032 18.1. Introduction 18.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017–2021 18.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2022-2032 18.3.1. By Country 18.3.1.1. Australia 18.3.1.2. New Zealand 18.3.2. By Product Type 18.3.3. By Sales Channel 18.4. Market Attractiveness Analysis 18.5. Key Market Participants - Intensity Mapping 18.6. Drivers and Restraints - Impact Analysis 19. Middle East and Africa Carob Powder Market Analysis 2017–2021 and Forecast 2022-2032 19.1. Introduction 19.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017–2021 19.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2022-2032 19.3.1. By Country 19.3.1.1. GCC Countries 19.3.1.2. South Africa 19.3.1.3. Rest of Middle East and Africa 19.3.2. By Product Type 19.3.3. By Sales Channel 19.4. Market Attractiveness Analysis 19.5. Drivers and Restraints - Impact Analysis 20. Key and Emerging Countries Carob Powder Market Analysis 2017–2021 and Forecast 2022-2032 20.1. Introduction 20.1.1. Market Value Proportion Analysis, By Key Countries 20.1.2. Global Vs. Country Growth Comparison 20.2. U.S. Carob Powder Market Analysis 20.2.1. By Product Type 20.2.2. By Sales Channel 20.3. Canada Carob Powder Market Analysis 20.3.1. By Product Type 20.3.2. By Sales Channel 20.4. Mexico Carob Powder Market Analysis 20.4.1. By Product Type 20.4.2. By Sales Channel 20.5. Brazil Carob Powder Market Analysis 20.5.1. By Product Type 20.5.2. By Sales Channel 20.6. U.K. Carob Powder Market Analysis 20.6.1. By Product Type 20.6.2. By Sales Channel 20.7. Germany Carob Powder Market Analysis 20.7.1. By Product Type 20.7.2. By Sales Channel 20.8. France Carob Powder Market Analysis 20.8.1. By Product Type 20.8.2. By Sales Channel 20.9. Italy Carob Powder Market Analysis 20.9.1. By Product Type 20.9.2. By Sales Channel 20.10. Spain Carob Powder Market Analysis 20.10.1. By Product Type 20.10.2. By Sales Channel 20.11. BENELUX Carob Powder Market Analysis 20.11.1. By Product Type 20.11.2. By Sales Channel 20.12. Russia Carob Powder Market Analysis 20.12.1. By Product Type 20.12.2. By Sales Channel 20.13. China Carob Powder Market Analysis 20.13.1. By Product Type 20.13.2. By Sales Channel 20.14. Japan Carob Powder Market Analysis 20.14.1. By Product Type 20.14.2. By Sales Channel 20.15. South Korea Carob Powder Market Analysis 20.15.1. By Product Type 20.15.2. By Sales Channel 20.16. India Carob Powder Market Analysis 20.16.1. By Product Type 20.16.2. By Sales Channel 20.17. ASEAN Carob Powder Market Analysis 20.17.1. By Product Type 20.17.2. By Sales Channel 20.18. Australia Carob Powder Market Analysis 20.18.1. By Product Type 20.18.2. By Sales Channel 20.19. New Zealand Carob Powder Market Analysis 20.19.1. By Product Type 20.19.2. By Sales Channel 20.20. GCC Countries Carob Powder Market Analysis 20.20.1. By Product Type 20.20.2. By Sales Channel 20.21. Turkey Carob Powder Market Analysis 20.21.1. By Product Type 20.21.2. By Sales Channel 20.22. South Africa Carob Powder Market Analysis 20.22.1. By Product Type 20.22.2. By Sales Channel 21. Market Structure Analysis 21.1. Market Analysis by Tier of Companies 21.2. Market Concentration 21.3. Market Share Analysis of Top Players 21.4. Market Presence Analysis 21.4.1. By Regional footprint of Players 21.4.2. Product Type foot print by Players 21.4.3. Channel Foot Print by Players 22. Competition Analysis 22.1. Competition Dashboard 22.2. Competition Benchmarking 22.3. Competition Deep dive 22.3.1. THE AUSTRALIAN CAROB CO. 22.3.1.1. Overview 22.3.1.2. Product Type Portfolio 22.3.1.3. Profitability by Market Segments (Product Type/Channel/Region) 22.3.1.4. Sales Footprint 22.3.1.5. Strategy Overview 22.3.1.5.1. Marketing Strategy 22.3.1.5.2. Product Type Strategy 22.3.1.5.3. Channel Strategy 22.3.2. Frontier Co-op. 22.3.2.1. Overview 22.3.2.2. Product Type Portfolio 22.3.2.3. Profitability by Market Segments (Product Type/Channel/Region) 22.3.2.4. Sales Footprint 22.3.2.5. Strategy Overview 22.3.2.5.1. Marketing Strategy 22.3.2.5.2. Product Type Strategy 22.3.2.5.3. Channel Strategy 22.3.3. Barry Farm Foods 22.3.3.1. Overview 22.3.3.2. Product Type Portfolio 22.3.3.3. Profitability by Market Segments (Product Type/Channel/Region) 22.3.3.4. Sales Footprint 22.3.3.5. Strategy Overview 22.3.3.5.1. Marketing Strategy 22.3.3.5.2. Product Type Strategy 22.3.3.5.3. Channel Strategy 22.3.4. NOW Foods 22.3.4.1. Overview 22.3.4.2. Product Type Portfolio 22.3.4.3. Profitability by Market Segments (Product Type/Channel/Region) 22.3.4.4. Sales Footprint 22.3.4.5. Strategy Overview 22.3.4.5.1. Marketing Strategy 22.3.4.5.2. Product Type Strategy 22.3.4.5.3. Channel Strategy 22.3.5. Ingredients UK Ltd. 22.3.5.1. Overview 22.3.5.2. Product Type Portfolio 22.3.5.3. Profitability by Market Segments (Product Type/Channel/Region) 22.3.5.4. Sales Footprint 22.3.5.5. Strategy Overview 22.3.5.5.1. Marketing Strategy 22.3.5.5.2. Product Type Strategy 22.3.5.5.3. Channel Strategy 22.3.6. Jedwards International, Inc. 22.3.6.1. Overview 22.3.6.2. Product Type Portfolio 22.3.6.3. Profitability by Market Segments (Product Type/Channel/Region) 22.3.6.4. Sales Footprint 22.3.6.5. Strategy Overview 22.3.6.5.1. Marketing Strategy 22.3.6.5.2. Product Type Strategy 22.3.6.5.3. Channel Strategy 22.3.7. Alpine Herb Company Inc. 22.3.7.1. Overview 22.3.7.2. Product Type Portfolio 22.3.7.3. Profitability by Market Segments (Product Type/Channel/Region) 22.3.7.4. Sales Footprint 22.3.7.5. Strategy Overview 22.3.7.5.1. Marketing Strategy 22.3.7.5.2. Product Type Strategy 22.3.7.5.3. Channel Strategy 23. Assumptions and Acronyms Used 24. Research Methodology
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List Of Table
Table 01: Global Carob Powder Market Volume (‘000 Units) Analysis and Opportunity Assessment 2017–2032, By Product Type
Table 02: Global Carob Powder Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2032, By Product Type
Table 03: Global Carob Powder Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2032, By Sales Channel
Table 04: Global Carob Powder Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2032, By Region
Table 05: North America Carob Powder Market Value (US$ Mn) Analysis 2017-2021 and Forecast 2022–2032, By Country
Table 06: North America Carob Powder Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2032, By Product Type
Table 07: North America Carob Powder Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2032, By Sales Channel
Table 08: Latin America Carob Powder Market Value (US$ Mn) Analysis 2017-2021 and Forecast 2022–2032, By Country
Table 09: Latin America Carob Powder Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2032, By Product Type
Table 10: Latin America Carob Powder Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2032, By Sales Channel
Table 11: Europe Carob Powder Market Value (US$ Mn) Analysis 2017-2021 and Forecast 2022–2032, By Country
Table 12: Europe Carob Powder Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2032, By Product Type
Table 13: Europe Carob Powder Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2032, By Sales Channel
Table 14: South Asia Carob Powder Market Value (US$ Mn) Analysis 2017-2021 and Forecast 2022–2032, By Country
Table 15: South Asia Carob Powder Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2032, By Product Type
Table 16: South Asia Carob Powder Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2032, By Sales Channel
Table 17: East Asia Carob Powder Market Value (US$ Mn) Analysis 2017-2021 and Forecast 2022–2032, By Country
Table 18: East Asia Carob Powder Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2032, By Product Type
Table 19: East Asia Carob Powder Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2032, By Sales Channel
Table 20: Oceania Carob Powder Market Value (US$ Mn) Analysis 2017-2021 and Forecast 2022–2032, By Country
Table 21: Oceania Carob Powder Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2032, By Product Type
Table 22: Oceania Carob Powder Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2032, By Sales Channel
Table 23: Middle East and Africa Carob Powder Market Value (US$ Mn) Analysis 2017-2021 and Forecast 2022–2032, By Country
Table 24: Middle East and Africa Carob Powder Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2032, By Product Type
Table 25: Middle East and Africa Carob Powder Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2032, By Sales Channel
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List Of Figures
Figure 01: Global Carob Powder Market Volume (in 000' Units) Analysis, 2017-2021
Figure 02: Global Carob Powder Market Volume Forecast (in 000' Units), 2022-2032
Figure 03: Carob Powder Pricing Analysis (US$) Per Product Type, By Region, 2021
Figure 04: Carob Powder Pricing Analysis (US$) Per Product Type, By Region, 2021
Figure 05: Global Carob Powder Market Value Analysis (US$ Mn), 2017-2021
Figure 06: Global Carob Powder Market Value Forecast (US$ Mn), 2022-2032
Figure 07: Global Carob Powder Market Absolute $ Opportunity, 2022-2032
Figure 08: Global Carob Powder Market Share Analysis (%), By Product Type, 2022-2032
Figure 09: Global Carob Powder Market Y-o-Y Analysis (%), By Product Type, 2022-2032
Figure 10: Global Carob Powder Market Attractiveness Analysis by Product Type, 2022-2032
Figure 11: Global Carob Powder Market Share Analysis (%), By Sales Channel, 2022-2032
Figure 12: Global Carob Powder Market Y-o-Y Analysis (%), By Sales Channel, 2022-2032
Figure 13: Global Carob Powder Market Attractiveness Analysis by Sales Channel, 2022-2032
Figure 14: Global Carob Powder Market Share Analysis (%), By Region, 2022-2032
Figure 15: Global Carob Powder Market Y-o-Y Analysis (%), By Region, 2022-2032
Figure 16: Global Carob Powder Market Attractiveness Analysis by Region, 2022-2032
Figure 17: North America Carob Powder Market Value Share, By Product Type, 2022 (E)
Figure 18: North America Carob Powder Market Value Share, By Sales Channel, 2022 (E)
Figure 19: North America Carob Powder Market Value Share, By Country, 2022 (E)
Figure 20: North America Carob Powder Market Value Analysis (US$ Mn), 2017-2021
Figure 21: North America Carob Powder Market Value Forecast (US$ Mn), 2022-2032
Figure 22: North America Carob Powder Market Attractiveness Analysis by Product Type, 2022-2032
Figure 23: North America Carob Powder Market Attractiveness Analysis by Sales Channel, 2022-2032
Figure 24: North America Carob Powder Market Attractiveness Analysis by Country, 2022-2032
Figure 25: Latin America Carob Powder Market Value Share, By Product Type, 2022 (E)
Figure 26: Latin America Carob Powder Market Value Share, By Sales Channel, 2022 (E)
Figure 27: Latin America Carob Powder Market Value Share, By Country, 2022 (E)
Figure 28: Latin America Carob Powder Market Value Analysis (US$ Mn), 2017-2021
Figure 29: Latin America Carob Powder Market Value Forecast (US$ Mn), 2022-2032
Figure 30: Latin America Carob Powder Market Attractiveness Analysis by Product Type, 2022-2032
Figure 31: Latin America Carob Powder Market Attractiveness Analysis by Sales Channel, 2022-2032
Figure 32: Latin America Carob Powder Market Attractiveness Analysis by Country, 2022-2032
Figure 33: Europe Carob Powder Market Value Share, By Product Type, 2022 (E)
Figure 34: Europe Carob Powder Market Value Share, By Sales Channel, 2022 (E)
Figure 35: Europe Carob Powder Market Value Share, By Country, 2022 (E)
Figure 36: Europe Carob Powder Market Value Analysis (US$ Mn), 2017-2021
Figure 37: Europe Carob Powder Market Value Forecast (US$ Mn), 2022-2032
Figure 38: Europe Carob Powder Market Attractiveness Analysis by Product Type, 2022-2032
Figure 39: Europe Carob Powder Market Attractiveness Analysis by Sales Channel, 2022-2032
Figure 40: Europe Carob Powder Market Attractiveness Analysis by Country, 2022-2032
Figure 41: South Asia Carob Powder Market Value Share, By Product Type, 2022 (E)
Figure 42: South Asia Carob Powder Market Value Share, By Sales Channel, 2022 (E)
Figure 43: South Asia Carob Powder Market Value Share, By Country, 2022 (E)
Figure 44: South Asia Carob Powder Market Value Analysis (US$ Mn), 2017-2021
Figure 45: South Asia Carob Powder Market Value Forecast (US$ Mn), 2022-2032
Figure 46: South Asia Carob Powder Market Attractiveness Analysis by Product Type, 2022-2032
Figure 47: South Asia Carob Powder Market Attractiveness Analysis by Sales Channel, 2022-2032
Figure 48: South Asia Carob Powder Market Attractiveness Analysis by Country, 2022-2032
Figure 49: East Asia Carob Powder Market Value Share, By Product Type, 2022 (E)
Figure 50: East Asia Carob Powder Market Value Share, By Sales Channel, 2022 (E)
Figure 51: East Asia Carob Powder Market Value Share, By Country, 2022 (E)
Figure 52: East Asia Carob Powder Market Value Analysis (US$ Mn), 2017-2021
Figure 53: East Asia Carob Powder Market Value Forecast (US$ Mn), 2022-2032
Figure 54: East Asia Carob Powder Market Attractiveness Analysis by Product Type, 2022-2032
Figure 55: East Asia Carob Powder Market Attractiveness Analysis by Sales Channel, 2022-2032
Figure 56: East Asia Carob Powder Market Attractiveness Analysis by Country, 2022-2032
Figure 57: Oceania Carob Powder Market Value Share, By Product Type, 2022 (E)
Figure 58: Oceania Carob Powder Market Value Share, By Sales Channel, 2022 (E)
Figure 59: Oceania Carob Powder Market Value Share, By Country, 2022 (E)
Figure 60: Oceania Carob Powder Market Value Analysis (US$ Mn), 2017-2021
Figure 61: Oceania Carob Powder Market Value Forecast (US$ Mn), 2022-2032
Figure 62: Oceania Carob Powder Market Attractiveness Analysis by Product Type, 2022-2032
Figure 63: Oceania Carob Powder Market Attractiveness Analysis by Sales Channel, 2022-2032
Figure 64: Oceania Carob Powder Market Attractiveness Analysis by Country, 2022-2032
Figure 65: Middle East and Africa Carob Powder Market Value Share, By Product Type, 2022 (E)
Figure 66: Middle East and Africa Carob Powder Market Value Share, By Sales Channel, 2022 (E)
Figure 67: Middle East and Africa Carob Powder Market Value Share, By Country, 2022 (E)
Figure 68: Middle East and Africa Carob Powder Market Value Analysis (US$ Mn), 2017-2021
Figure 69: Middle East and Africa Carob Powder Market Value Forecast (US$ Mn), 2022-2032
Figure 70: Middle East and Africa Carob Powder Market Attractiveness Analysis by Product Type, 2022-2032
Figure 71: Middle East and Africa Carob Powder Market Attractiveness Analysis by Sales Channel, 2022-2032
Figure 72: Middle East and Africa Carob Powder Market Attractiveness Analysis by Country, 2022-2032
Figure 73: U. S. Carob Powder Market Value Analysis (US$ Mn), 2022 & 2032
Figure 74: U. S. Carob Powder Market Value Share, By Product Type, 2022 (E)
Figure 75: U. S. Carob Powder Market Value Share, By Sales Channel, 2022 (E)
Figure 76: Canada Carob Powder Market Value Analysis (US$ Mn), 2022 & 2032
Figure 77: Canada Carob Powder Market Value Share, By Product Type, 2022 (E)
Figure 78: Canada Carob Powder Market Value Share, By Sales Channel, 2022 (E)
Figure 79: Mexico Carob Powder Market Value Analysis (US$ Mn), 2022 & 2032
Figure 80: Mexico Carob Powder Market Value Share, By Product Type, 2022 (E)
Figure 81: Mexico Carob Powder Market Value Share, By Sales Channel, 2022 (E)
Figure 82: Brazil Carob Powder Market Value Analysis (US$ Mn), 2022 & 2032
Figure 83: Brazil Carob Powder Market Value Share, By Product Type, 2022 (E)
Figure 84: Brazil Carob Powder Market Value Share, By Sales Channel, 2022 (E)
Figure 85: U. K. Carob Powder Market Value Analysis (US$ Mn), 2022 & 2032
Figure 86: U. K. Carob Powder Market Value Share, By Product Type, 2022 (E)
Figure 87: U. K. Carob Powder Market Value Share, By Sales Channel, 2022 (E)
Figure 88: Germany Carob Powder Market Value Analysis (US$ Mn), 2022 & 2032
Figure 89: Germany Carob Powder Market Value Share, By Product Type, 2022 (E)
Figure 90: Germany Carob Powder Market Value Share, By Sales Channel, 2022 (E)
Figure 91: France Carob Powder Market Value Analysis (US$ Mn), 2022 & 2032
Figure 92: France Carob Powder Market Value Share, By Product Type, 2022 (E)
Figure 93: France Carob Powder Market Value Share, By Sales Channel, 2022 (E)
Figure 94: Italy Carob Powder Market Value Analysis (US$ Mn), 2022 & 2032
Figure 95: Italy Carob Powder Market Value Share, By Product Type, 2022 (E)
Figure 96: Italy Carob Powder Market Value Share, By Sales Channel, 2022 (E)
Figure 97: Spain Carob Powder Market Value Analysis (US$ Mn), 2022 & 2032
Figure 98: Spain Carob Powder Market Value Share, By Product Type, 2022 (E)
Figure 99: Spain Carob Powder Market Value Share, By Sales Channel, 2022 (E)
Figure 100: Russia Carob Powder Market Value Analysis (US$ Mn), 2022 & 2032
Figure 101: Russia Carob Powder Market Value Share, By Product Type, 2022 (E)
Figure 102: Russia Carob Powder Market Value Share, By Sales Channel, 2022 (E)
Figure 103: China Carob Powder Market Value Analysis (US$ Mn), 2022 & 2032
Figure 104: China Carob Powder Market Value Share, By Product Type, 2022 (E)
Figure 105: China Carob Powder Market Value Share, By Sales Channel, 2022 (E)
Figure 106: Japan Carob Powder Market Value Analysis (US$ Mn), 2022 & 2032
Figure 107: Japan Carob Powder Market Value Share, By Product Type, 2022 (E)
Figure 108: Japan Carob Powder Market Value Share, By Sales Channel, 2022 (E)
Figure 109: South Korea Carob Powder Market Value Analysis (US$ Mn), 2022 & 2032
Figure 110: South Korea Carob Powder Market Value Share, By Product Type, 2022 (E)
Figure 111: South Korea Carob Powder Market Value Share, By Sales Channel, 2022 (E)
Figure 112: India Carob Powder Market Value Analysis (US$ Mn), 2022 & 2032
Figure 113: India Carob Powder Market Value Share, By Product Type, 2022 (E)
Figure 114: India Carob Powder Market Value Share, By Sales Channel, 2022 (E)
Figure 115: ASEAN Carob Powder Market Value Analysis (US$ Mn), 2022 & 2032
Figure 116: ASEAN Carob Powder Market Value Share, By Product Type, 2022 (E)
Figure 117: ASEAN Carob Powder Market Value Share, By Sales Channel, 2022 (E)
Figure 118: Australia Carob Powder Market Value Analysis (US$ Mn), 2022 & 2032
Figure 119: Australia Carob Powder Market Value Share, By Product Type, 2022 (E)
Figure 120: Australia Carob Powder Market Value Share, By Sales Channel, 2022 (E)
Figure 121: New Zealand Carob Powder Market Value Analysis (US$ Mn), 2022 & 2032
Figure 122: New Zealand Carob Powder Market Value Share, By Product Type, 2022 (E)
Figure 123: New Zealand Carob Powder Market Value Share, By Sales Channel, 2022 (E)
Figure 124: GCC Countries Carob Powder Market Value Analysis (US$ Mn), 2022 & 2032
Figure 125: GCC Countries Carob Powder Market Value Share, By Product Type, 2022 (E)
Figure 126: GCC Countries Carob Powder Market Value Share, By Sales Channel, 2022 (E)
Figure 127: Turkey Carob Powder Market Value Analysis (US$ Mn), 2022 & 2032
Figure 128: Turkey Carob Powder Market Value Share, By Product Type, 2022 (E)
Figure 129: Turkey Carob Powder Market Value Share, By Sales Channel, 2022 (E)
Figure 130: South Africa Carob Powder Market Value Analysis (US$ Mn), 2022 & 2032
Figure 131: South Africa Carob Powder Market Value Share, By Product Type, 2022 (E)
Figure 132: South Africa Carob Powder Market Value Share, By Sales Channel, 2022 (E)
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- FAQs -
What is the global carob powder market size?
The global carob powder market is estimated to be worth US$ 57.5 billion in 2022.
Which growth dynamics drive the carob powder market?
Rising demand for carob powder in several end-use industries and the rise in investments in the development of carob powder products are driving market growth.
Who are the key suppliers of carob powder?
THE AUSTRALIAN CAROB CO., Frontier Co-op., Barry Farm Foods, NOW Foods, and Ingredients UK Ltd. are prominent suppliers of carob powder.
At what CAGR is the carob powder market expected to progress?
The global market for carob powder is anticipated to increase at a CAGR of 6.3% over the forecast period of 2022 to 2032.
Which sales channel of carob powder drives higher demand?
B2B sales of carob powder account for 62.9% share of the global market.
Which are the top 5 countries driving most demand for carob powder?
The U.S., Germany, Mexico, China, and the U.K are expected to drive most demand for carob powder.