Carob powder is a normal component in desserts and baked goods and can perform as a proxy for cocoa powder. High in fiber and low in fat, carob powder holds calcium and antioxidants. The carob tree, essential to the Mediterranean, is a flowering evergreen shrub. It assembles carob pods that hold both sweet pulp and uneatable seeds. In the carob powder market, people utilize the pulp to make carob powder that has an earth taste resembling chocolate. People dry, roast, and grind the pulp to make a refined powder or flour. It has a profuse, nutty taste that is in some measure homogenous to caramel.
The Market Insight
The global Carob Powder market was valued at USD 56.62 billion in 2022 and is expected to grow at USD 101.54 billion with a CAGR of 6.0% during the forecast period of 2032.
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Growing demand for organic and plant-based constituents is expected to push market growth. Consumers are increasingly becoming health aware and are searching for organic and plant-based constituents for their food and beverage. Carob powder is an original and wholesome option to cocoa powder containing caffeine and theobromine. In the carob powder market, it is also devoid of allergens such as gluten and dairy, rendering it an approved alternative amongst people with food allergies.
Europe: The region is witnessing high market growth due to growing demand for organic and wholesome food products. Europe has the biggest consumers of bakery products and chocolates globally. Consumer's growing inclination for wholesome options for chocolate is supplementing the market growth in the region.
North America: This region's growth can be credited to the escalating demand for natural and organic food products. For instance, Now Food produces and disburses organic products involving carob powder. They have been scaling up the distribution channel and escalating their online existence to extend to more customers.
Carob powder is a wholesome option to cocoa powder, albeit slightly processed cocoa powder has some health advantages of its own. In the carob powder market, since it is organically sweet, there is no need for sugar or alternate sweeteners when utilizing it in preferred recipes. Carob powder is usually considered safe to consume.
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