Industry Insights Of Global Carob market | Forecasts 2023
Added: (Mon Jun 10 2019)
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A market study ”Global Carob Market” examines the performance of the Global Carob Market 2019. It encloses an in-depth Research of the Carob Market state and the competitive landscape globally. This report analyzes the potential of Carob Market in the present and the future prospects from various angles in detail.
Global Carob Market Overview:
This report studies the Global Carob Market over the forecast period of 2019 to 2023. The Global Carob Market is expected to grow at an impressive Compound Annual Growth Rate (CAGR) from 2019 to 2023.
Some of the significant factors driving the growth of the Global Carob Market are rapid growth in demand for bakery products coupled with the convenience of foods. Rising opportunities in bakery and confectionery industry is also another factor in driving the Carob Market along with increase in production of carob. Carob is also used for treating diarrhea, cancer, helps in reducing cholesterol level, and are some of the factors driving the Global Carob Market.
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According to the market report analysis, the Carob is also known as locust bean and is primarily cultivated for its edible pods in majorly Mediterranean region which includes Southern Europe, Northern Africa and the Canary Islands. Carob powder is also used as a substitute for cocoa powder in various bakery products. Carob based bars is consumed as an alternative to chocolate based bars worldwide. Carob pod meal is widely used as a rich source of energy for livestock, particularly for ruminants. Carob is primarily used in the production of confectionery and bakery products and variety of beverages.
The Global Carob Market is segmented based on the Product Type, Distribution Channels and Region. On the basis of Product Type, the Global Carob Market is divided into Liquid, Solid and others. Based on the Distribution Channels, the Global Carob Market is sub-segmented into Online, Offline and others.
As per the regional analysis, Europe has developed as the dominant region in Global Carob Market followed by APAC. Increasing demand for carob powder in various bakery products and confectionery has strengthened the growth of Global Carob Market and hence is projected to significantly expand the revenue contribution of the market over the forecast period.
Market Key Players Analysis:
1 CyberColloids is a unique organisation devoted to bringing hydrocolloid innovation to industry with a view to enable companies to cost effectively adds value through research and development.
CyberColloids is based in Ireland (Cork) but with some members based in the UK and providing services worldwide. CyberColloids has a global client base that reaches across Europe, USA, South America, India and South East Asia.
2 Savvy Foods is a UK manufacturer, retailer and bulk/wholesaler of various super foods, predominantly specialising in high-grade, organic Australian carob, for which the company has the exclusive supply rights to the whole of Europe and Turkey.
Top Leading Key Manufacturers are: Australian Carobs, Carob, Euroduna Americas, CyberColloids, The Hain Celestial Group, Savvy Foods, Carobs Australia, Creta Carob, Lewis Confectionery, Madanargan and others. New product launches and continuous technological innovations are the key strategies adopted by the major players.
With the presence of a large pool of participants, the Global Carob Market is displaying a highly competitive business landscape, finds a new research report by Business Industry Reports (BIR). Australian Carobs, Carob, Euroduna Americas, CyberColloids, The Hain Celestial Group, Savvy Foods, Carobs Australia, Creta Carob, Lewis Confectionery, Madanargan, etc. are some of the key vendors of Carob across the world. These players across Carob Market are focusing aggressively on innovation, as well as on including advanced technologies in their existing products.
Region segment: This report is segmented into several key regions, with sales, revenue, market share (%) and growth Rate (%) of Carob in these regions, from 2013 to 2023 (forecast), covering: North America, Europe, Asia Pacific, Middle East & Africa and South America
Purchase this report online with 90 Pages, List of Tables & Figures and in-depth Table of Contents on “Global Carob Market Report 2019” @ https://www.businessindustryreports.com/buy-now/116022/single .
Major Points in Table of Contents:
Global Carob Market Report 2019
1 Carob Product Definition
2 Global Carob Market Manufacturer Share and Market Overview
2.1 Global Manufacturer Carob Shipments
2.2 Global Manufacturer Carob Business Revenue
2.3 Global Carob Market Overview
3 Manufacturer Carob Business Introduction
3.1 Australian Carobs Carob Business Introduction
3.2 Carob Carob Business Introduction
3.3 Euroduna Americas Carob Business Introduction
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