Carob Powder Market Analysis and Share - 2031
Carob Powder Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2024 | US$ 28.04 Million |
Market Size by 2031 | US$ 38.88 Million |
Global CAGR (2025 - 2031) | 4.6% |
Historical Data | 2021-2023 |
Forecast period | 2025-2031 |
Segments Covered |
By Grade
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Carob Powder Market News and Recent Developments
The carob powder market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the key developments in the carob powder market are mentioned below:
- California Cultured, a US-based startup, partnered with the Japanese chocolate giant Meiji. As per this partnership, California Cultured signed a 10-year deal with Meiji to supply its flavanol cocoa powder for incorporation into the latter’s chocolate offerings. (Source: California Cultured, Company Website, 2024)
- Azure Standard—a premier US-based distributor of healthy food and products for home, health, and garden—acquired Missy J’s Carob & Sweet Treats. (Source: Missy J's, Company Website, 2023)
Carob Powder Market Report Coverage and Deliverables
The “Carob Powder Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Carob powder market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Carob powder market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Carob powder market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the carob powder market
- Detailed company profiles