Australia Carob Powder Market Size & Outlook, 2023-2030

The carob powder market in Australia is expected to reach a projected revenue of US$ 3.0 million by 2030. A compound annual growth rate of 3.9% is expected of Australia carob powder market from 2024 to 2030.
Revenue, 2023 (US$M)
$2.3
Forecast, 2030 (US$M)
$3.0
CAGR, 2024 - 2030
3.9%
Report Coverage
Australia

Australia carob powder market highlights

  • The Australia carob powder market generated a revenue of USD 2.3 million in 2023 and is expected to reach USD 3.0 million by 2030.
  • The Australia market is expected to grow at a CAGR of 3.9% from 2024 to 2030.
  • In terms of segment, organic was the largest revenue generating product in 2023.
  • Organic is the most lucrative product segment registering the fastest growth during the forecast period.

Carob powder market data book summary

Market revenue in 2023USD 2.3 million
Market revenue in 2030USD 3.0 million
Growth rate3.9% (CAGR from 2023 to 2030)
Largest segmentOrganic
Fastest growing segmentOrganic
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationNatural, Organic
Key market players worldwideNOW Foods, The Australian Carob Company, Frontier Co-op, OliveNation, Jedwards International

Other key industry trends

  • In terms of revenue, Australia accounted for 4.1% of the global carob powder market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China carob powder market is projected to lead the regional market in terms of revenue in 2030.
  • China is the fastest growing regional market in Asia Pacific and is projected to reach USD 4.0 million by 2030.

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Carob Powder Market Scope

Carob Powder Market Companies

Name Profile # Employees HQ Website

Australia carob powder market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to carob powder market will help companies and investors design strategic landscapes.


Organic was the largest segment with a revenue share of 56.52% in 2023. Horizon Databook has segmented the Australia carob powder market based on natural, organic covering the revenue growth of each sub-segment from 2018 to 2030.


  • Australia Carob Powder Product Outlook (Revenue, USD Million, 2018-2030)
    • Natural
    • Organic
  • Australia Carob Powder Application Outlook (Revenue, USD Million, 2018-2030)
    • B2B
      • Bakery
      • Confectionery
      • Others
    • B2C

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Horizon Databook provides a detailed overview of country-level data and insights on the Australia carob powder market , including forecasts for subscribers. This country databook contains high-level insights into Australia carob powder market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Australia carob powder market size, by product, 2018-2030 (US$M)

Australia Carob Powder Market Outlook Share, 2023 & 2030 (US$M)

Australia carob powder market size, by product, 2018-2030 (US$M)

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