Food & Beverage

Carob Market Expected to Witness a Sustainable Growth over 2022

OrbisResearch.com is a leading market research reseller which offers research report on “Carob-Global Market Outlook (2016-2022)”.

— Global Carob market is expected to grow from $XX million in 2016 to reach $XX million by 2022 with a CAGR of XX%. Some of the factors propelling the market growth are raising demand of carob powder which is used in curing cancer, diarrhea and lowering cholesterol levels. Growing usage of carob in bakery and confectionery industry is fuelling the market driving the forecast period.

Based on the application, food and beverages segment is leading the market globally during the forecast period. The growth is contributed to raising usage of carob in bakery products such as pancakes, bread, cookies etc. Carob pod meal is extensively used for livestock. Europe accounted for the largest share in global carob market followed by Asia Pacific. Growing demand for carob powder in several bakery items and confectionery are fuelling the market growth in this region.

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Some of the key players in global carob market include Australian Carobs Pty Ltd, Carob S.A, Euroduna Americas Inc, CyberColloids Ltd, The Hain Celestial Group, Inc , Savvy Foods Ltd, Carobs Australia Inc, Creta Carob, Lewis Confectionery Pty Ltd and Madanargan.

Distribution channels Covered:
Online
Fitness stores
Health stores
Other distribution channels

Forms Covered:
Liquid
Solid

Applications Covered:
Bakery products
Pancakes
Bread
Cookies
Cakes
Snack bars
Dairy products
Food and beverages
Cereals
Others applications

Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
France
Italy
UK
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
New Zealand
Rest of Asia Pacific
Rest of the World
Middle East
Brazil
Argentina
South Africa
Egypt

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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Source URL: https://marketersmedia.com/carob-market-expected-to-witness-a-sustainable-growth-over-2022/200975

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Source: MarketersMedia

Release ID: 200975


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