"The market research Carob Molasses offers market 2024-2030 sizing and predictions in seven main currencies: USD, EUR, JPY, GBP, AUD, CAD, and CHF. The availability of different currencies facilitates informed decision-making for organization executives. The years 2019 through 2022 are regarded as historical years in this report, while 2023 serves as the base year, 2024 is the expected year,...
IMARC Group's report titled "Carob Powder Market Report by Product (Natural, Organic), Application (B2B, B2C), and Region 2024-2032". The global carob powder market size reached US$ 60.9 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 91.9 Million by 2032, exhibiting a growth rate (CAGR) of 4.68% during 2024-2032.
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Benefiting from its growing application in bakery and confectionary projects, the global carob extract market is anticipated to grow at a compound annual growth rate (CAGR) of 5.4% from its estimated value of US$ 241.2 mil...
Market Overview:
The carob is a blooming evergreen tree belonging to the Fabaceae family of legumes. For its delicious pods and as an attractive plant, it is frequently grown in gardens and landscapes. The Mediterranean and Middle Eastern areas are home to the carob plant. Carob powder, frequently used as an alternative to cocoa powder, is occasionally made from the mature, dried, and...