Asia Pacific Carob Market By Product (Gum, Powder, and Others), By Application (Bakery & Confectionery, Nutrition & Supplements, Dairy Products, Pharmaceuticals, and Others), By Distribution Channel (Supermarket/Hypermarket, Direct Supply, E-commerce, and Others), By Country, Opportunity Analysis and Industry Forecast, 2021 - 2027

The Asia Pacific Carob Market would witness market growth of 10.7% CAGR during the forecast period (2021-2027).

Carob powder offers numerous health benefits as it contains high fiber, calcium, and protein, which attracts more consumers towards its consumption. In addition, the increasing trend for vegan and gluten-free products is fueling the demand for carob products in the market. Moreover, the carob does not contain any saturated fat and cholesterol, which is making it more popular among the health-conscious customers.

The caffeine-free feature of carob powder makes it suitable for caffeine-intolerant customers, which is contributing to the high growth of the carob market. In addition, the calcium present in carob powder is approximately thrice the quantity available in cocoa that makes it extremely popular among women and people who are suffering from calcium deficiency.

The increasing awareness among the customers regarding the benefits of carob is motivating them to shift to the consumption of carob-based products. In addition, the rising disposable income of the consumers is creating bright growth prospects for the regional carob market. The increasing demand for various pet food items with high nutritive value is pushing manufacturers to use carob for great taste and high nutrition value.

This would further bolster the growth of the regional carob market in the coming years. Additionally, consumers are highly inclined towards the consumption of healthier food substitutes that are escalating the demand for carob in this region. The presence of various toxic compounds in cocoa is encouraging manufacturers to adopt healthy substitutes to cocoa and thus, the demand for carob would fuel in this region.

The China market dominated the Asia Pacific E-commerce Market by Country in 2020, thereby, achieving a market value of $3,329.7 Thousands by 2027. The Japan market is showcasing a CAGR of 12.9% during (2021 - 2027). Additionally, The India market is poised to grow at a CAGR of 12.9% during (2021 - 2027).

Based on Product, the market is segmented into Gum, Powder, and Others. Based on Application, the market is segmented into Bakery & Confectionery, Nutrition & Supplements, Dairy Products, Pharmaceuticals, and Others. Based on Distribution Channel, the market is segmented into Supermarket/Hypermarket, Direct Supply, E-commerce, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

Free Valuable Insights: The Worldwide Carob Market is Projected to reach USD 351.7 Million by 2027, at a CAGR of 9.3%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include TIC Gums, Inc. (Ingredion Incorporated), DuPont de Nemours, Inc., The Hain Celestial Group, Inc., Tate & Lyle PLC, Euroduna Americas, Inc. The Carob Kitchen, NOW Foods, Inc., Jedwards International, Inc., Alpine Herb Company, Inc., and Barry Farm Foods.

Scope of the Study

Market Segments Covered in the Report:

By Product

• Gum
• Powder
• Others

By Application

• Bakery & Confectionery
• Nutrition & Supplements
• Dairy Products
• Pharmaceuticals
• Others

By Distribution Channel

• Supermarket/Hypermarket
• Direct Supply
• E-commerce
• Others

By Country

• China
• Japan
• India
• South Korea
• Singapore
• Malaysia
• Rest of Asia Pacific

Key Market Players

List of Companies Profiled in the Report:

• TIC Gums, Inc. (Ingredion Incorporated)
• DuPont de Nemours, Inc.
• The Hain Celestial Group, Inc.
• Tate & Lyle PLC
• Euroduna Americas, Inc.
• The Carob Kitchen
• NOW Foods, Inc.
• Jedwards International, Inc.
• Alpine Herb Company, Inc.
• Barry Farm Foods

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Carob Market, by Product
1.4.2 Asia Pacific Carob Market, by Application
1.4.3 Asia Pacific Carob Market, by Distribution Channel
1.4.4 Asia Pacific Carob Market, by Country
1.5 Methodology for the research

Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints

Chapter 3. Asia Pacific Carob Market by Product
3.1 Asia Pacific Gum Market by Country
3.2 Asia Pacific Powder Market by Country
3.3 Asia Pacific Others Market by Country

Chapter 4. Asia Pacific Carob Market by Application
4.1 Asia Pacific Bakery & Confectionery Market by Country
4.2 Asia Pacific Nutrition & Supplements Market by Country
4.3 Asia Pacific Dairy Products Market by Country
4.4 Asia Pacific Pharmaceuticals Market by Country
4.5 Asia Pacific Other Application Market by Country

Chapter 5. Asia Pacific Carob Market by Distribution Channel
5.1 Asia Pacific Supermarket/Hypermarket Market by Country
5.2 Asia Pacific Direct Supply Market by Country
5.3 Asia Pacific E-commerce Market by Country
5.4 Asia Pacific Others Market by Country

Chapter 6. Asia Pacific Carob Market by Country
6.1 China Carob Market
6.1.1 China Carob Market by Product
6.1.2 China Carob Market by Application
6.1.3 China Carob Market by Distribution Channel
6.2 Japan Carob Market
6.2.1 Japan Carob Market by Product
6.2.2 Japan Carob Market by Application
6.2.3 Japan Carob Market by Distribution Channel
6.3 India Carob Market
6.3.1 India Carob Market by Product
6.3.2 India Carob Market by Application
6.3.3 India Carob Market by Distribution Channel
6.4 South Korea Carob Market
6.4.1 South Korea Carob Market by Product
6.4.2 South Korea Carob Market by Application
6.4.3 South Korea Carob Market by Distribution Channel
6.5 Singapore Carob Market
6.5.1 Singapore Carob Market by Product
6.5.2 Singapore Carob Market by Application
6.5.3 Singapore Carob Market by Distribution Channel
6.6 Malaysia Carob Market
6.6.1 Malaysia Carob Market by Product
6.6.2 Malaysia Carob Market by Application
6.6.3 Malaysia Carob Market by Distribution Channel
6.7 Rest of Asia Pacific Carob Market
6.7.1 Rest of Asia Pacific Carob Market by Product
6.7.2 Rest of Asia Pacific Carob Market by Application
6.7.3 Rest of Asia Pacific Carob Market by Distribution Channel

Chapter 7. Company Profiles
7.1 TIC Gums, Inc. (Ingredion Incorporated)
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent Strategies and Developments:
7.1.5.1 Product launches and Product Expansions:
7.2 DuPont de Nemours, Inc.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.3 The Hain Celestial Group, Inc.
7.3.1 Company overview
7.3.2 Financial Analysis
7.3.3 Regional Analysis
7.3.4 Research & Development Expense
7.3.5 Recent Strategies and Developments:
7.3.5.1 Acquisitions and Mergers:
7.4 Tate & Lyle PLC
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental Analysis
7.4.4 Research & Development Expense
7.4.5 Recent Strategies and Developments:
7.4.5.1 Product launches and Product Expansions:
7.5 Euroduna Americas, Inc.
7.5.1 Company Overview
7.6 The Carob Kitchen
7.6.1 Company Overview
7.6.2 Recent Strategies and Developments:
7.6.2.1 Product launches and Product Expansions:
7.7 NOW Foods, Inc.
7.7.1 Company Overview
7.8 Jedwards International, Inc.
7.8.1 Company Overview
7.9 Alpine Herb Company, Inc.
7.9.1 Company Overview
7.10. Barry Farm Foods
7.10.1 Company Overview

TABLE 1 Asia Pacific Carob Market, 2017 - 2020, USD Thousands
TABLE 2 Asia Pacific Carob Market, 2021 - 2027, USD Thousands
TABLE 3 Asia Pacific Carob Market by Product, 2017 - 2020, USD Thousands
TABLE 4 Asia Pacific Carob Market by Product, 2021 - 2027, USD Thousands
TABLE 5 Asia Pacific Gum Market by Country, 2017 - 2020, USD Thousands
TABLE 6 Asia Pacific Gum Market by Country, 2021 - 2027, USD Thousands
TABLE 7 Asia Pacific Powder Market by Country, 2017 - 2020, USD Thousands
TABLE 8 Asia Pacific Powder Market by Country, 2021 - 2027, USD Thousands
TABLE 9 Asia Pacific Others Market by Country, 2017 - 2020, USD Thousands
TABLE 10 Asia Pacific Others Market by Country, 2021 - 2027, USD Thousands
TABLE 11 Asia Pacific Carob Market by Application, 2017 - 2020, USD Thousands
TABLE 12 Asia Pacific Carob Market by Application, 2021 - 2027, USD Thousands
TABLE 13 Asia Pacific Bakery & Confectionery Market by Country, 2017 - 2020, USD Thousands
TABLE 14 Asia Pacific Bakery & Confectionery Market by Country, 2021 - 2027, USD Thousands
TABLE 15 Asia Pacific Nutrition & Supplements Market by Country, 2017 - 2020, USD Thousands
TABLE 16 Asia Pacific Nutrition & Supplements Market by Country, 2021 - 2027, USD Thousands
TABLE 17 Asia Pacific Dairy Products Market by Country, 2017 - 2020, USD Thousands
TABLE 18 Asia Pacific Dairy Products Market by Country, 2021 - 2027, USD Thousands
TABLE 19 Asia Pacific Pharmaceuticals Market by Country, 2017 - 2020, USD Thousands
TABLE 20 Asia Pacific Pharmaceuticals Market by Country, 2021 - 2027, USD Thousands
TABLE 21 Asia Pacific Other Application Market by Country, 2017 - 2020, USD Thousands
TABLE 22 Asia Pacific Other Application Market by Country, 2021 - 2027, USD Thousands
TABLE 23 Asia Pacific Carob Market by Distribution Channel, 2017 - 2020, USD Thousands
TABLE 24 Asia Pacific Carob Market by Distribution Channel, 2021 - 2027, USD Thousands
TABLE 25 Asia Pacific Supermarket/Hypermarket Market by Country, 2017 - 2020, USD Thousands
TABLE 26 Asia Pacific Supermarket/Hypermarket Market by Country, 2021 - 2027, USD Thousands
TABLE 27 Asia Pacific Direct Supply Market by Country, 2017 - 2020, USD Thousands
TABLE 28 Asia Pacific Direct Supply Market by Country, 2021 - 2027, USD Thousands
TABLE 29 Asia Pacific E-commerce Market by Country, 2017 - 2020, USD Thousands
TABLE 30 Asia Pacific E-commerce Market by Country, 2021 - 2027, USD Thousands
TABLE 31 Asia Pacific Others Market by Country, 2017 - 2020, USD Thousands
TABLE 32 Asia Pacific Others Market by Country, 2021 - 2027, USD Thousands
TABLE 33 Asia Pacific Carob Market by Country, 2017 - 2020, USD Thousands
TABLE 34 Asia Pacific Carob Market by Country, 2021 - 2027, USD Thousands
TABLE 35 China Carob Market, 2017 - 2020, USD Thousands
TABLE 36 China Carob Market, 2021 - 2027, USD Thousands
TABLE 37 China Carob Market by Product, 2017 - 2020, USD Thousands
TABLE 38 China Carob Market by Product, 2021 - 2027, USD Thousands
TABLE 39 China Carob Market by Application, 2017 - 2020, USD Thousands
TABLE 40 China Carob Market by Application, 2021 - 2027, USD Thousands
TABLE 41 China Carob Market by Distribution Channel, 2017 - 2020, USD Thousands
TABLE 42 China Carob Market by Distribution Channel, 2021 - 2027, USD Thousands
TABLE 43 Japan Carob Market, 2017 - 2020, USD Thousands
TABLE 44 Japan Carob Market, 2021 - 2027, USD Thousands
TABLE 45 Japan Carob Market by Product, 2017 - 2020, USD Thousands
TABLE 46 Japan Carob Market by Product, 2021 - 2027, USD Thousands
TABLE 47 Japan Carob Market by Application, 2017 - 2020, USD Thousands
TABLE 48 Japan Carob Market by Application, 2021 - 2027, USD Thousands
TABLE 49 Japan Carob Market by Distribution Channel, 2017 - 2020, USD Thousands
TABLE 50 Japan Carob Market by Distribution Channel, 2021 - 2027, USD Thousands
TABLE 51 India Carob Market, 2017 - 2020, USD Thousands
TABLE 52 India Carob Market, 2021 - 2027, USD Thousands
TABLE 53 India Carob Market by Product, 2017 - 2020, USD Thousands
TABLE 54 India Carob Market by Product, 2021 - 2027, USD Thousands
TABLE 55 India Carob Market by Application, 2017 - 2020, USD Thousands
TABLE 56 India Carob Market by Application, 2021 - 2027, USD Thousands
TABLE 57 India Carob Market by Distribution Channel, 2017 - 2020, USD Thousands
TABLE 58 India Carob Market by Distribution Channel, 2021 - 2027, USD Thousands
TABLE 59 South Korea Carob Market, 2017 - 2020, USD Thousands
TABLE 60 South Korea Carob Market, 2021 - 2027, USD Thousands
TABLE 61 South Korea Carob Market by Product, 2017 - 2020, USD Thousands
TABLE 62 South Korea Carob Market by Product, 2021 - 2027, USD Thousands
TABLE 63 South Korea Carob Market by Application, 2017 - 2020, USD Thousands
TABLE 64 South Korea Carob Market by Application, 2021 - 2027, USD Thousands
TABLE 65 South Korea Carob Market by Distribution Channel, 2017 - 2020, USD Thousands
TABLE 66 South Korea Carob Market by Distribution Channel, 2021 - 2027, USD Thousands
TABLE 67 Singapore Carob Market, 2017 - 2020, USD Thousands
TABLE 68 Singapore Carob Market, 2021 - 2027, USD Thousands
TABLE 69 Singapore Carob Market by Product, 2017 - 2020, USD Thousands
TABLE 70 Singapore Carob Market by Product, 2021 - 2027, USD Thousands
TABLE 71 Singapore Carob Market by Application, 2017 - 2020, USD Thousands
TABLE 72 Singapore Carob Market by Application, 2021 - 2027, USD Thousands
TABLE 73 Singapore Carob Market by Distribution Channel, 2017 - 2020, USD Thousands
TABLE 74 Singapore Carob Market by Distribution Channel, 2021 - 2027, USD Thousands
TABLE 75 Malaysia Carob Market, 2017 - 2020, USD Thousands
TABLE 76 Malaysia Carob Market, 2021 - 2027, USD Thousands
TABLE 77 Malaysia Carob Market by Product, 2017 - 2020, USD Thousands
TABLE 78 Malaysia Carob Market by Product, 2021 - 2027, USD Thousands
TABLE 79 Malaysia Carob Market by Application, 2017 - 2020, USD Thousands
TABLE 80 Malaysia Carob Market by Application, 2021 - 2027, USD Thousands
TABLE 81 Malaysia Carob Market by Distribution Channel, 2017 - 2020, USD Thousands
TABLE 82 Malaysia Carob Market by Distribution Channel, 2021 - 2027, USD Thousands
TABLE 83 Rest of Asia Pacific Carob Market, 2017 - 2020, USD Thousands
TABLE 84 Rest of Asia Pacific Carob Market, 2021 - 2027, USD Thousands
TABLE 85 Rest of Asia Pacific Carob Market by Product, 2017 - 2020, USD Thousands
TABLE 86 Rest of Asia Pacific Carob Market by Product, 2021 - 2027, USD Thousands
TABLE 87 Rest of Asia Pacific Carob Market by Application, 2017 - 2020, USD Thousands
TABLE 88 Rest of Asia Pacific Carob Market by Application, 2021 - 2027, USD Thousands
TABLE 89 Rest of Asia Pacific Carob Market by Distribution Channel, 2017 - 2020, USD Thousands
TABLE 90 Rest of Asia Pacific Carob Market by Distribution Channel, 2021 - 2027, USD Thousands
TABLE 91 Key information – TIC Gums, Inc.
TABLE 92 Key Information –DuPont de Nemours, Inc.
TABLE 93 Key Information – The Hain Celestial Group, Inc.
TABLE 94 Key Information – Tate & Lyle PLC
TABLE 95 Key information – Euroduna Americas, Inc.
TABLE 96 Key information – The Carob Kitchen
TABLE 97 Key Information – NOW Foods, Inc.
TABLE 98 Key information – Jedwards International, Inc.
TABLE 99 Key information – Alpine Herb Company, Inc.
TABLE 100 Key information – Barry Farm Foods

List of Figures
FIG 1 Methodology for the research