Carob Chocolate Market Size To Reach $1.48 Billion By 2030

Carob Chocolate Market Growth & Trends

The global carob chocolate market size is estimated to reach USD 1.48 billion by 2030, registering to grow at a CAGR of 6.3% from 2025 to 2030 according to a new report by Grand View Research, Inc. The growing product demand as a healthier alternative, coupled with the growing expansion of online retail in the nutritional foods sector is acting as a major driver. The growing consumer demand for foods of higher nutritional and sensory quality has encouraged the introduction of carob ingredients, in bakery products. Carob is a good source of antioxidants, as one tablespoon of it processed into a powder has approximately 25 calories, no saturated fat, no cholesterol, and 6g of carbohydrate. As compared to carob powder cocoa powder has more fat and caffeine. Carob also contains three times as much calcium as cocoa powder, has a high iron content, and is claimed to reduce cholesterol. Growing awareness regarding such benefits is driving product sales.

The increased consumer demand for organic products has prompted several manufacturers to enter new industries with a slew of product launches. In this regard, brands are coming up with organic carbo chocolates. For instance, in January 2020, Carobou, the official importer and producer of The Australian Carob Co., released organic carob chocolate bars under the brand Aussie USA, which is USDA-certified organic, soy-free, and caffeine-theobromine-free. The supermarkets & hypermarkets segment accounted for the maximum revenue share in 2020. Supermarkets/hypermarkets offer a variety of products. Owing to the increasing demand for healthy products, many of these stores have been increasing shelf space and providing trained professionals that guide customers about the quality of the products, offer food samples, and provide expert recommendations. The market is characterized by the presence of small companies owing to family businesses and startups. Key players are focusing on expanding their portfolios by introducing new products.

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Carob Chocolate Market Report Highlights

• Bars dominated the market with the largest revenue share of 40.9% in 2024. Consumers appreciate the portability and ease of consumption that bars offer, making them a favored choice for on-the-go snacking.

• Supermarkets & hypermarkets dominated the market with the largest revenue share in 2024. The segment growth is attributed to the extensive reach and convenience these retail outlets offer consumers.

• The North American carob chocolate industry dominated the global market with the largest revenue share of 39.8% in 2024.

Carob Chocolate Market Segmentation

Grand View Research has segmented the global carob chocolate market based on product, distribution channel, and region:

Carob Chocolate Product Outlook (Revenue, USD Million, 2018 - 2030)

• Bars

• Chips

• Others

Carob Chocolate Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

• Supermarkets & Hypermarkets

• Convenience Stores & Drug Stores

• Healthy & Specialty Stores

• Others

Carob Chocolate Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • UK

  • Germany

  • France

  • Belgium

  • Netherlands

• Asia Pacific

  • Japan

  • China

  • India

• Latin America

  • Brazil

  • Argentina

• Middle East and Africa (MEA)

  • South Africa

  • Saudi Arabia

List of Key Players of Carob Chocolate Market

• Missy J's

• CarobMe

• The Carob Kitchen

• The Australian Carob Co.

• Foundation Foods

• D & D Chocolates

• Iswari 

• Caroboo

• SUPERTREATS LTD

• CarobWorld, Inc.