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

  • THE AUSTRALIAN CAROB CO.
  • Frontier Co-op.
  • Barry Farm Foods
  • NOW Foods
  • Ingredients UK Ltd.
  • Jedwards International, Inc.
  • Alpine Herb Company Inc.

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.

Carob powder market forecast by Fact.MR

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)

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

- 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.

Carob Powder Market

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