Global Carob Market Research Report 2022

Ceratonia siliqua, known as the carob is a flowering evergreen tree or shrub in the pea family, Fabaceae. Adding carob to your diet can provide you with many health benefits. Since carob is naturally high in fiber and has no caffeine, it's ideal for people with high blood pressure. The low sugar and fat content also makes it a great dietary addition or chocolate substitution for people looking to lose weight.
Due to the COVID-19 pandemic, the global Carob market size is estimated to be worth US$ million in 2021 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Carob market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Carob landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
Liquid accounting for % of the Carob global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Online segment is altered to an % CAGR throughout this forecast period and will hold a share about % in 2028.
The global major manufacturers of Carob include Australian Carobs, Carob, Euroduna Americas, CyberColloids, The Hain Celestial Group, Savvy Foods, Carobs Australia, Creta Carob and Lewis Confectionery. etc. In terms of revenue, the global 3 largest players have a % market share of Carob in 2021.
This report focuses on Carob volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Carob market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan, etc.
Global Carob Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Distribution Channel. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Liquid
Solid
Segment by Distribution Channel
Online
Offline
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Australian Carobs
Carob
Euroduna Americas
CyberColloids
The Hain Celestial Group
Savvy Foods
Carobs Australia
Creta Carob
Lewis Confectionery

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This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

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