The Latin America, Middle East and Africa Carob Chocolate Market would witness market growth of 8.5% CAGR during the forecast period (2021-2027).
Carob chocolate serves as an alternative to those who cannot consume regular chocolates because of an allergy to milk. Additionally, carob powder can also be used in many bakery products. Many animals are intolerant to Theobromine due to which cocoa powder cannot be used in chocolate-flavored pet food products, but carob can substitute the cocoa powder in that case. Carob is also used as a thickening, stabilizing, and gelling agent in many food items.
Carob is majorly grown in the Middle East region, which makes it one of the major regions for the cultivation of carob. Owing to which Middle East became the largest producer of carob chocolate in the LAMEA region and thus, supporting the overall demand for the carob chocolate. Due to the largest production of carob and carob chocolates, this region has also emerged as a leading exporter of carob chocolate and carob as a raw material. Additionally, the high awareness among the population regarding the benefits of consuming carob chocolate is also contributing to the demand for carob chocolate. The increase in the incidences of many diseases such as diabetes in the region is also a reason behind the consumption of these chocolates.
The Brazil market dominated the LAMEA Carob Chocolate Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $17.7 million by 2027. The Argentina market is poised to grow CAGR of 9.1% during (2021 - 2027). Additionally, The UAE market would experience a CAGR of 8.2% during (2021 - 2027).
Based on Product, the market is segmented into Bars, Chips, and Others. Based on Distribution Channel, the market is segmented into Supermarkets & Hypermarkets, Convenience Stores & Drug Stores, Healthy & Specialty Stores, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Carob Chocolate Market is Predict to reach $1.1 Billion by 2027, at a CAGR of 5.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Missy J’s, Caroboo, Supertreats, Iswari Portugal - Alma & Valor, LDA, Uncommon Carob, The Carob Kitchen, The Carob World, D&D Chocolates Ltd., and Carobou LLC.
Scope of the Study
Market Segments Covered in the Report:
By Product
By Distribution Channel
- Supermarkets & Hypermarkets
- Convenience Stores & Drug Stores
- Healthy & Specialty Stores
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Missy J’s
- Caroboo
- Supertreats
- Iswari Portugal – Alma & Valor, LDA
- Uncommon Carob
- The Carob Kitchen
- The Carob World
- D&D Chocolates Ltd.
- Carobou LLC
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Carob Chocolate Market, by Product
1.4.2 LAMEA Carob Chocolate Market, by Distribution Channel
1.4.3 LAMEA Carob Chocolate Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies deployed in Carob Chocolate Market
Chapter 4. LAMEA Carob Chocolate Market by Product
4.1 LAMEA Carob Chocolate Bars Market by Country
4.2 LAMEA Carob Chocolate Chips Market by Country
4.3 LAMEA Carob Chocolate Others Market by Country
Chapter 5. LAMEA Carob Chocolate Market by Distribution Channel
5.1 LAMEA Supermarkets & Hypermarkets Carob Chocolate Market by Country
5.2 LAMEA Convenience Stores & Drug Stores Carob Chocolate Market by Country
5.3 LAMEA Healthy & Specialty Stores Carob Chocolate Market by Country
5.4 LAMEA Others Carob Chocolate Market by Country
Chapter 6. LAMEA Carob Chocolate Market by Country
6.1 Brazil Carob Chocolate Market
6.1.1 Brazil Carob Chocolate Market by Product
6.1.2 Brazil Carob Chocolate Market by Distribution Channel
6.2 Argentina Carob Chocolate Market
6.2.1 Argentina Carob Chocolate Market by Product
6.2.2 Argentina Carob Chocolate Market by Distribution Channel
6.3 UAE Carob Chocolate Market
6.3.1 UAE Carob Chocolate Market by Product
6.3.2 UAE Carob Chocolate Market by Distribution Channel
6.4 Saudi Arabia Carob Chocolate Market
6.4.1 Saudi Arabia Carob Chocolate Market by Product
6.4.2 Saudi Arabia Carob Chocolate Market by Distribution Channel
6.5 South Africa Carob Chocolate Market
6.5.1 South Africa Carob Chocolate Market by Product
6.5.2 South Africa Carob Chocolate Market by Distribution Channel
6.6 Nigeria Carob Chocolate Market
6.6.1 Nigeria Carob Chocolate Market by Product
6.6.2 Nigeria Carob Chocolate Market by Distribution Channel
6.7 Rest of LAMEA Carob Chocolate Market
6.7.1 Rest of LAMEA Carob Chocolate Market by Product
6.7.2 Rest of LAMEA Carob Chocolate Market by Distribution Channel
Chapter 7. Company Profiles
7.1 Missy J’s
7.1.1 Company Overview
7.2 Caroboo
7.2.1 Company Overview
7.3 Supertreats
7.3.1 Company Overview
7.4 Iswari Portugal – Alma & Valor, LDA
7.4.1 Company Overview
7.5 Uncommon Carob
7.5.1 Company Overview
7.5.2 Recent strategies and developments:
7.5.2.1 Product Launches and Product Expansions:
7.6 The Carob Kitchen
7.6.1 Company Overview
7.7 Carob World
7.7.1 Company Overview
7.8 D&D Chocolates Ltd.
7.8.1 Company Overview
7.9 Carobou LLC
7.9.1 Company Overview
7.9.2 Recent strategies and developments:
7.9.2.1 Product Launches and Product Expansions:
TABLE 1 LAMEA Carob Chocolate Market, 2017 - 2020, USD Million
TABLE 2 LAMEA Carob Chocolate Market, 2021 - 2027, USD Million
TABLE 3 LAMEA Carob Chocolate Market by Product, 2017 - 2020, USD Million
TABLE 4 LAMEA Carob Chocolate Market by Product, 2021 - 2027, USD Million
TABLE 5 LAMEA Carob Chocolate Bars Market by Country, 2017 - 2020, USD Million
TABLE 6 LAMEA Carob Chocolate Bars Market by Country, 2021 - 2027, USD Million
TABLE 7 LAMEA Carob Chocolate Chips Market by Country, 2017 - 2020, USD Million
TABLE 8 LAMEA Carob Chocolate Chips Market by Country, 2021 - 2027, USD Million
TABLE 9 LAMEA Carob Chocolate Others Market by Country, 2017 - 2020, USD Million
TABLE 10 LAMEA Carob Chocolate Others Market by Country, 2021 - 2027, USD Million
TABLE 11 LAMEA Carob Chocolate Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 12 LAMEA Carob Chocolate Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 13 LAMEA Supermarkets & Hypermarkets Carob Chocolate Market by Country, 2017 - 2020, USD Million
TABLE 14 LAMEA Supermarkets & Hypermarkets Carob Chocolate Market by Country, 2021 - 2027, USD Million
TABLE 15 LAMEA Convenience Stores & Drug Stores Carob Chocolate Market by Country, 2017 - 2020, USD Million
TABLE 16 LAMEA Convenience Stores & Drug Stores Carob Chocolate Market by Country, 2021 - 2027, USD Million
TABLE 17 LAMEA Healthy & Specialty Stores Carob Chocolate Market by Country, 2017 - 2020, USD Million
TABLE 18 LAMEA Healthy & Specialty Stores Carob Chocolate Market by Country, 2021 - 2027, USD Million
TABLE 19 LAMEA Others Carob Chocolate Market by Country, 2017 - 2020, USD Million
TABLE 20 LAMEA Others Carob Chocolate Market by Country, 2021 - 2027, USD Million
TABLE 21 LAMEA Carob Chocolate Market by Country, 2017 - 2020, USD Million
TABLE 22 LAMEA Carob Chocolate Market by Country, 2021 - 2027, USD Million
TABLE 23 Brazil Carob Chocolate Market, 2017 - 2020, USD Million
TABLE 24 Brazil Carob Chocolate Market, 2021 - 2027, USD Million
TABLE 25 Brazil Carob Chocolate Market by Product, 2017 - 2020, USD Million
TABLE 26 Brazil Carob Chocolate Market by Product, 2021 - 2027, USD Million
TABLE 27 Brazil Carob Chocolate Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 28 Brazil Carob Chocolate Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 29 Argentina Carob Chocolate Market, 2017 - 2020, USD Million
TABLE 30 Argentina Carob Chocolate Market, 2021 - 2027, USD Million
TABLE 31 Argentina Carob Chocolate Market by Product, 2017 - 2020, USD Million
TABLE 32 Argentina Carob Chocolate Market by Product, 2021 - 2027, USD Million
TABLE 33 Argentina Carob Chocolate Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 34 Argentina Carob Chocolate Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 35 UAE Carob Chocolate Market, 2017 - 2020, USD Million
TABLE 36 UAE Carob Chocolate Market, 2021 - 2027, USD Million
TABLE 37 UAE Carob Chocolate Market by Product, 2017 - 2020, USD Million
TABLE 38 UAE Carob Chocolate Market by Product, 2021 - 2027, USD Million
TABLE 39 UAE Carob Chocolate Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 40 UAE Carob Chocolate Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 41 Saudi Arabia Carob Chocolate Market, 2017 - 2020, USD Million
TABLE 42 Saudi Arabia Carob Chocolate Market, 2021 - 2027, USD Million
TABLE 43 Saudi Arabia Carob Chocolate Market by Product, 2017 - 2020, USD Million
TABLE 44 Saudi Arabia Carob Chocolate Market by Product, 2021 - 2027, USD Million
TABLE 45 Saudi Arabia Carob Chocolate Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 46 Saudi Arabia Carob Chocolate Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 47 South Africa Carob Chocolate Market, 2017 - 2020, USD Million
TABLE 48 South Africa Carob Chocolate Market, 2021 - 2027, USD Million
TABLE 49 South Africa Carob Chocolate Market by Product, 2017 - 2020, USD Million
TABLE 50 South Africa Carob Chocolate Market by Product, 2021 - 2027, USD Million
TABLE 51 South Africa Carob Chocolate Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 52 South Africa Carob Chocolate Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 53 Nigeria Carob Chocolate Market, 2017 - 2020, USD Million
TABLE 54 Nigeria Carob Chocolate Market, 2021 - 2027, USD Million
TABLE 55 Nigeria Carob Chocolate Market by Product, 2017 - 2020, USD Million
TABLE 56 Nigeria Carob Chocolate Market by Product, 2021 - 2027, USD Million
TABLE 57 Nigeria Carob Chocolate Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 58 Nigeria Carob Chocolate Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 59 Rest of LAMEA Carob Chocolate Market, 2017 - 2020, USD Million
TABLE 60 Rest of LAMEA Carob Chocolate Market, 2021 - 2027, USD Million
TABLE 61 Rest of LAMEA Carob Chocolate Market by Product, 2017 - 2020, USD Million
TABLE 62 Rest of LAMEA Carob Chocolate Market by Product, 2021 - 2027, USD Million
TABLE 63 Rest of LAMEA Carob Chocolate Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 64 Rest of LAMEA Carob Chocolate Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 65 Key Information – Missy j’s
TABLE 66 Key Information – Caroboo
TABLE 67 Key Information –Supertreats
TABLE 68 Key Information – Iswari Portugal - Alma & Valor, Lda
TABLE 69 Key Information – Uncommon Carob
TABLE 70 Key information – The Carob Kitchen
TABLE 71 Key Information – Carob world
TABLE 72 Key Information – D&D Chocolates Ltd.
TABLE 73 Key Information – CAROBOU llc
List of Figures
FIG 1 Methodology for the research