North America Carob Powder Market Size, Share & Trends Analysis Report By Product (Natural, and Organic), By Application (B2B (Bakery, Confectionary, Others), and B2C), By Country and Growth Forecast, 2023 - 2030
Description
North America Carob Powder Market Size, Share & Trends Analysis Report By Product (Natural, and Organic), By Application (B2B (Bakery, Confectionary, Others), and B2C), By Country and Growth Forecast, 2023 - 2030
The North America Carob Powder Market would witness market growth of 3.9% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 1,105.5 Tonnes, showcasing a growth of 3.8% (2019-2022).
Artisanal and craft production methods are gaining prominence in the carob powder market. This trend aligns with the desire for authenticity and high-quality products, positioning artisanal carob powders as premium offerings focusing on traditional production techniques. Artisanal carob powder producers strongly emphasize attention to detail throughout the production process. Every step is executed precisely, from selecting the finest carob pods to carefully drying and milling them. This systematic process guarantees that the inherent flavors and attributes of the carob will be preserved, ultimately resulting in a product distinguished by its richness and genuineness.
Furthermore, the integration of carob powder into the realm of functional foods is a noteworthy trend. Brands are exploring the potential of carobs as an ingredient that adds flavor and contributes functional benefits, such as antioxidant properties and digestive health support. A rising number of consumers are becoming aware of the connection between diet and health. As a result, individuals are actively seeking foods that offer nutritional value and additional functional benefits. This demand is driven by a desire for proactive health management and a focus on preventive approaches to well-being.
The United States has seen a notable shift in consumer preferences towards healthier and plant-based food options. With its natural sweetness, nutritional benefits, and plant-based characteristics, Carob powder aligns well with the demand for ingredients that cater to health-conscious consumers. Thus, growing e-commerce and food service sectors in North America will boost the demand for carob powder in the region.
The US market dominated the North America Carob Powder Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $15,536.1 Thousands by 2030. The Canada market is experiencing a CAGR of 6.2% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 5.3% during (2023 - 2030).
Based on Product, the market is segmented into Natural, and Organic. Based on Application, the market is segmented into B2B (Bakery, Confectionary, Others), and B2C. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- The Australian Carob Co.
- The Carob Kitchen
- Frontier Cooperative
- Panos Brands, LLC
- OliveNation, LLC
- NOW Foods, Inc.
- Ingredients UK Limited
- Jedwards International, Inc.
- Barry Farm Foods
- Healthworks (Dignity Health)
By Product (Volume, Tonnes, USD Million, 2019-2030)
- Natural
- Organic
- B2B
- Bakery
- Confectionary
- Others
- B2C
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
97 Pages
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Carob Powder Market, by Product
- 1.4.2 North America Carob Powder Market, by Application
- 1.4.3 North America Carob Powder Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Opportunities
- 3.2.3 Market Restraints
- 3.2.4 Market Challenges
- 3.3 Porter’s Five Forces Analysis
- Chapter 4. North America Carob Powder Market, By Product
- 4.1 North America Natural Market, By Country
- 4.2 North America Organic Market, By Country
- Chapter 5. North America Carob Powder Market, By Application
- 5.1 North America B2B Market, By Country
- 5.2 North America Carob Powder Market, By B2B Type
- 5.2.1 North America Bakery Market, By Country
- 5.2.2 North America Confectionary Market, By Country
- 5.2.3 North America Others Market, By Country
- 5.3 North America B2C Market, By Country
- Chapter 6. North America Carob Powder Market, By Country
- 6.1 US Carob Powder Market
- 6.1.1 US Carob Powder Market, By Product
- 6.1.2 US Carob Powder Market, By Application
- 6.1.2.1 US Carob Powder Market, By B2B Type
- 6.2 Canada Carob Powder Market
- 6.2.1 Canada Carob Powder Market, By Product
- 6.2.2 Canada Carob Powder Market, By Application
- 6.2.2.1 Canada Carob Powder Market, By B2B Type
- 6.3 Mexico Carob Powder Market
- 6.3.1 Mexico Carob Powder Market, By Product
- 6.3.2 Mexico Carob Powder Market, By Application
- 6.3.2.1 Mexico Carob Powder Market, By B2B Type
- 6.4 Rest of North America Carob Powder Market
- 6.4.1 Rest of North America Carob Powder Market, By Product
- 6.4.2 Rest of North America Carob Powder Market, By Application
- 6.4.2.1 Rest of North America Carob Powder Market, By B2B Type
- Chapter 7. Company Profiles
- 7.1 Jedwards International, Inc.
- 7.1.1 Company Overview
- 7.1.2 SWOT Analysis
- 7.2 Healthworks (Dignity Health)
- 7.2.1 Company Overview
- 7.2.2 SWOT Analysis
- 7.3 NOW Foods, Inc.
- 7.3.1 Company Overview
- 7.3.2 SWOT Analysis
- 7.4 The Australian Carob Co.
- 7.4.1 Company Overview
- 7.4.2 SWOT Analysis
- 7.5 Frontier Cooperative
- 7.5.1 Company Overview
- 7.5.2 SWOT Analysis
- 7.6 Panos Brands, LLC
- 7.6.1 Company Overview
- 7.6.2 SWOT Analysis
- 7.7 OliveNation, LLC
- 7.7.1 Company Overview
- 7.7.2 SWOT Analysis
- 7.8 Ingredients UK Limited
- 7.8.1 Company Overview
- 7.8.2 SWOT Analysis
- 7.9 Barry Farm Foods
- 7.9.1 Company Overview
- 7.9.2 SWOT Analysis
- 7.10. The Carob Kitchen
- 7.10.1 Company Overview
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
