Carob Powder Market To Witness A Significant Growth Of USD 75.10 Million By 2030
San Francisco, 12 March 2024: The Report Carob Powder Market Size, Share & Trends Analysis Report By Product (Natural, Organic), By Application (B2B, B2C), By Region (North America, Europe), And Segment Forecasts, 2024 - 2030 The global carob powder market size was estimated to reach USD 75.10 million in 2030 and is anticipated to expand at a CAGR of 4.0% from 2024 to 2030, according to a new report by Grand View Research, Inc. Growing demand for healthier food options as a result of rising health and wellness awareness. As carob powder is naturally sweet, low in fat, and free of caffeine, it is frequently seen as a healthier alternative to cocoa powder. Additionally, it is fiber-rich and gluten-free. Carob powder is also used in the bakery, confectionery, and pet food industries because of its naturally sweet flavor and high dietary fiber content. Such factors are driving the global market. The natural segment dominated the market by holding the m...