Europe Carob Powder Market Size & Outlook, 2023-2030

The carob powder market in Europe is expected to reach a projected revenue of US$ 29.0 million by 2030. A compound annual growth rate of 3.7% is expected of Europe carob powder market from 2024 to 2030.

Revenue, 2023 (US$M)
$22.4
Forecast, 2030 (US$M)
$29.0
CAGR, 2024 - 2030
3.8%
Report Coverage
Europe

Europe carob powder market highlights

  • The Europe carob powder market generated a revenue of USD 22.4 million in 2023.
  • The market is expected to grow at a CAGR of 3.7% from 2024 to 2030.
  • In terms of segment, natural was the largest revenue generating product in 2023.
  • Organic is the most lucrative product segment registering the fastest growth during the forecast period.
  • Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.

Europe data book summary

Market revenue in 2023USD 22.4 million
Market revenue in 2030USD 29.0 million
Growth rate3.7% (CAGR from 2023 to 2030)
Largest segmentNatural
Fastest growing segmentOrganic
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 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, Europe region accounted for 39.6% of the global carob powder market in 2023.
  • Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 17.0 million by 2030.

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Carob Powder Market Scope

Carob Powder Market Companies

Name Profile # Employees HQ Website

Europe 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.


Natural was the largest segment with a revenue share of 54.46% in 2023. Horizon Databook has segmented the Europe carob powder market based on natural, organic covering the revenue growth of each sub-segment from 2018 to 2030.


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

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Target buyers of Europe carob powder market databook

  • Our clientele includes a mix of carob powder market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe carob powder market , including forecasts for subscribers. This continent databook contains high-level insights into Europe carob powder market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Europe carob powder market size, by country, 2018-2030 (US$M)

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

Europe carob powder market size, by country, 2018-2030 (US$M)

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