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Carob Market

ID: MRFR/FnB/6308-CR
110 Pages
Snehal Singh
November 2022

Carob Market Research Report: Information By Application (Food & Beverages, Animal Feed and Personal Care), By Form (Powder and Gum), By Category (Conventional and Organic), and By Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Market Forecast Till 2035

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Carob Market Summary

As per MRFR analysis, The Global Carob Market Size was estimated at 0.54 USD Billion in 2024. The carob industry is projected to grow from 0.5614 in 2025 to 0.8288 by 2035, exhibiting a compound annual growth rate (CAGR) of 3.97 during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The Global Carob Market is experiencing a robust growth trajectory driven by health trends and sustainability.

  • North America remains the largest market for carob, driven by increasing health consciousness among consumers.
  • The Asia-Pacific region is emerging as the fastest-growing market, reflecting a rising demand for natural sweeteners.
  • The Food and Beverages segment dominates the market, while the Animal Feed segment is witnessing rapid growth.
  • Health benefits of carob and a focus on sustainability are key drivers propelling market expansion.

Market Size & Forecast

2024 Market Size 0.54 (USD Billion)
2035 Market Size 0.8288 (USD Billion)
CAGR (2025 - 2035) 3.97%

Major Players

Carob World (AU), The Carob Kitchen (GB), Ceres Organics (NZ), Dried Fruit Australia (AU), Stahlbush Island Farms (US), NutraFruit (AU), Sundried (US), Terra Firma (US)

Carob Market Trends

The Global Carob Market is currently experiencing a notable transformation, driven by increasing consumer awareness regarding health and wellness. This shift appears to be influencing demand for natural and organic products, with carob being recognized for its potential health benefits. As a result, manufacturers are exploring innovative applications of carob in various sectors, including food and beverages, cosmetics, and pharmaceuticals. The versatility of carob, combined with its rich nutrient profile, suggests that it may play a pivotal role in the development of healthier alternatives to traditional ingredients. Moreover, the market seems to be benefiting from a growing trend towards sustainability. Consumers are increasingly seeking products that align with their values, which includes a preference for environmentally friendly sourcing and production methods. This trend may encourage producers to adopt more sustainable practices, thereby enhancing the overall appeal of carob-based products. As The Global Carob Market continues to evolve, it is likely that these trends will shape its future trajectory, fostering innovation and expanding its reach across diverse consumer segments.

Health Consciousness

The rising awareness of health and nutrition among consumers is driving the demand for carob products. Carob Market is perceived as a healthier alternative to chocolate and other sweeteners, appealing to those seeking natural options.

Sustainability Focus

There is a growing emphasis on sustainability within The Global Carob Market. Consumers are increasingly favoring products that are sourced and produced in environmentally friendly ways, prompting manufacturers to adopt sustainable practices.

Diverse Applications

Carob Market is finding its way into various industries beyond food, including cosmetics and pharmaceuticals. This diversification indicates a broader acceptance and recognition of carob's potential benefits across different sectors.

Carob Market Drivers

Health Benefits of Carob

The rising awareness of health benefits associated with carob consumption appears to be a pivotal driver for the carob market. Carob Market is rich in dietary fiber, antioxidants, and essential minerals, which may contribute to its growing popularity among health-conscious consumers. The Global Carob Industry is witnessing an increase in demand for natural and organic products, with carob being a favored alternative to cocoa due to its lower fat content and absence of caffeine. Market data indicates that the health food sector is expanding, with a projected growth rate of approximately 5% annually. This trend suggests that as more consumers seek healthier snack options, the demand for carob-based products is likely to rise, thereby enhancing the market's growth prospects.

Increased Awareness and Education

The rise in consumer awareness and education regarding the nutritional benefits of carob is a key driver for the market. As more information becomes available about the advantages of incorporating carob into diets, consumers are likely to explore its potential. The Global Carob Industry is benefiting from educational campaigns and marketing efforts that highlight carob's health benefits and culinary versatility. This increased awareness may lead to higher consumption rates and a broader acceptance of carob in mainstream diets. Market data indicates that the health and wellness industry is expanding, with consumers actively seeking out products that align with their health goals. This suggests that as awareness grows, the demand for carob products may also increase, contributing to market growth.

Rising Demand for Natural Sweeteners

The growing trend towards natural sweeteners is influencing the carob market positively. Carob Market's naturally sweet flavor profile, combined with its health benefits, positions it as an appealing alternative to refined sugars and artificial sweeteners. The Global Carob Industry is witnessing a shift as consumers increasingly seek healthier sweetening options in their diets. Market data suggests that the natural sweeteners market is expected to reach USD 2 billion by 2026, reflecting a significant growth trajectory. This trend indicates that carob, with its natural sweetness and nutritional advantages, may capture a larger share of the sweetener market, thereby driving demand and growth in the carob sector.

Diverse Applications in Food Products

The versatility of carob in various food applications is a notable driver for the carob market. Carob Market is utilized in a wide range of products, including snacks, beverages, and baked goods, which may appeal to diverse consumer preferences. The Global Carob Industry is experiencing an increase in product innovation, with manufacturers incorporating carob into gluten-free and vegan products, thereby expanding its market reach. Market data reveals that the gluten-free food market is projected to grow at a compound annual growth rate of 9% over the next five years. This trend indicates that as more consumers adopt gluten-free diets, the demand for carob-based alternatives is likely to increase, further propelling market growth.

Sustainability and Eco-Friendly Practices

Sustainability has emerged as a crucial factor influencing consumer choices, particularly in the food sector. The Global Carob Industry is benefiting from the increasing preference for sustainable and eco-friendly products. Carob Market trees are drought-resistant and require less water compared to other crops, making them an attractive option for environmentally conscious consumers. Furthermore, the cultivation of carob can contribute to soil conservation and biodiversity. Market data indicates that the organic food market is expected to grow significantly, with consumers willing to pay a premium for sustainably sourced products. This shift towards sustainability suggests that carob, as a sustainable crop, may see enhanced demand, thereby driving growth in the market.

Market Segment Insights

Carob Market Application Insights

The carob market segmentation, based on application includes food & beverages, animal feed and personal care. The food & beverages segment dominated the market. The food and beverage business is expected to grow rapidly and take a commanding position in the food processing industry. This is due to increased demand for food and drink products brought on by a busy lifestyle and a preference for fresh, ready-to-eat convenience foods with excellent nutritional content.

Carob Market Form Insights

The carob market segmentation, based on form, includes powder and gum. The gum category generated the most income. Due to its therapeutic advantages, including its ability to lower cholesterol, improve blood sugar, treat gastro reflux illness, treat diarrhea, and help prevent colon cancer, carob gum has gained significant popularity in the pharmaceutical business. The market for carob gum is primarily driven by the baking, confectionary, and nutrition and supplement industries because carob gum is a great substitute for cocoa gum.

Carob Market Category Insights

The carob market segmentation, based on category includes conventional and organic. The organic segment dominated the market due to consumers' growing desire for natural and clean-label products. Due to the increased demand for organic and natural food items, this demand is particularly strong in North America and Europe.

Figure 1: Carob Market, by Category, 2022 & 2032 (USD Billion)

Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review

Get more detailed insights about Carob Market

Regional Insights

North America : Market Leader in Carob Market

North America is the largest market for carob, holding approximately 40% of the global share. The region's growth is driven by increasing health consciousness among consumers, leading to a surge in demand for natural and organic products. Regulatory support for organic farming and food safety standards further catalyzes market expansion. The U.S. is the primary contributor, followed by Canada, which is witnessing a growing trend in carob-based products.

Europe : Emerging Market for Carob Market

Europe is the second-largest market for carob, accounting for around 30% of the global market share. The region's demand is fueled by rising interest in plant-based diets and clean-label products. Regulatory frameworks promoting organic agriculture and sustainability are significant growth drivers. Countries like Germany and the UK are leading the charge, with increasing consumer awareness about the health benefits of carob.

Asia-Pacific : Rapidly Growing Market

Asia-Pacific is an emerging powerhouse in the carob market, holding about 20% of the global share. The region's growth is driven by increasing health awareness and a shift towards natural sweeteners. Countries like Australia and New Zealand are key players, with a growing number of local producers entering the market. The competitive landscape is evolving, with both established brands and new entrants focusing on innovative carob products.

Middle East and Africa : Untapped Market Opportunities

The Middle East and Africa represent a resource-rich frontier for the carob market, holding approximately 10% of the global share. The region's growth is supported by traditional uses of carob in local cuisines and increasing interest in health foods. Countries like South Africa and Egypt are leading the market, with local producers capitalizing on the growing demand for natural ingredients. The competitive landscape is characterized by a mix of traditional and modern approaches to carob production.

Carob Market Regional Image

Key Players and Competitive Insights

The Global Carob is currently characterized by a dynamic competitive landscape, driven by increasing consumer demand for natural and healthy food alternatives. Key players are actively engaging in various strategic initiatives to enhance their market presence and operational efficiency. Companies such as Carob World (AU), The Carob Kitchen (GB), and Ceres Organics (NZ) are at the forefront, focusing on innovation, product diversification, and sustainability. Their collective strategies not only shape the competitive environment but also reflect a broader trend towards health-conscious consumption and eco-friendly practices.

In terms of business tactics, companies are increasingly localizing manufacturing and optimizing supply chains to meet the growing demand for carob products. The market appears moderately fragmented, with several players vying for market share. However, the influence of major companies is significant, as they leverage their resources to establish strong distribution networks and enhance product visibility. This competitive structure suggests that while there is room for smaller players, the key to success lies in the ability to innovate and adapt to changing consumer preferences.

In August 2025, Carob World (AU) announced the launch of a new line of organic carob snacks aimed at health-conscious consumers. This strategic move is likely to enhance their product portfolio and cater to the rising trend of snacking on healthier alternatives. By focusing on organic ingredients, Carob World positions itself as a leader in the health food segment, potentially attracting a broader customer base and increasing market share.

Similarly, in July 2025, The Carob Kitchen (GB) expanded its distribution channels by partnering with major health food retailers across Europe. This partnership is expected to significantly boost their market presence and accessibility, allowing them to reach a wider audience. The strategic importance of this move lies in the growing consumer trend towards convenience and the demand for readily available health products, which could lead to increased sales and brand loyalty.

In September 2025, Ceres Organics (NZ) launched a sustainability initiative aimed at reducing its carbon footprint through eco-friendly packaging solutions. This initiative not only aligns with global sustainability trends but also enhances the company's brand image as a responsible and forward-thinking player in the carob market. By prioritizing sustainability, Ceres Organics may attract environmentally conscious consumers, thereby differentiating itself from competitors.

As of October 2025, the competitive trends in The Global Carob are increasingly defined by digitalization, sustainability, and the integration of advanced technologies. Strategic alliances among key players are shaping the landscape, fostering innovation and enhancing supply chain reliability. The shift from price-based competition to a focus on innovation and technology suggests that companies will need to continuously evolve their strategies to maintain a competitive edge. In this context, the ability to differentiate through unique product offerings and sustainable practices will likely become paramount for success in the future.

Key Companies in the Carob Market market include

Industry Developments

November 2021: CarobWay, an Israeli agritech business, partnered with Israeli farms for research and development to create a new line of carob products.

November 2020: To promote the use of organic carob gum in creams and sauces, CAROB S. A. opened its first online store and conducted a demonstration event at Miquel Calent's Can Calent restaurant.

October 2020: The Carob Market Kitchen has launched Australia's first premium Carob Market Milk Bar collection, made with sustainably cultivated Australian Carob Market and real Cocoa Butter. This variety contains no added sugar and is theobromine-free, caffeine-free, and gluten-free. It is also environmentally friendly and free of Palm Kernel Oil.

Future Outlook

Carob Market Future Outlook

The Global Carob Market is projected to grow at a 3.97% CAGR from 2024 to 2035, driven by increasing health awareness, demand for natural sweeteners, and sustainable agricultural practices.

New opportunities lie in:

  • Expansion into plant-based food products
  • Development of carob-based functional beverages
  • Investment in organic carob farming initiatives

By 2035, the market is expected to solidify its position as a key player in the health food sector.

Market Segmentation

Carob Market Form Outlook

  • Powder
  • Gum

Carob Market Category Outlook

  • Conventional
  • Organic

Carob Market Application Outlook

  • Food & Beverages
  • Animal Feed
  • Personal Care

Report Scope

MARKET SIZE 20240.54(USD Billion)
MARKET SIZE 20250.5614(USD Billion)
MARKET SIZE 20350.8288(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)3.97% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Billion
Key Companies ProfiledMarket analysis in progress
Segments CoveredMarket segmentation analysis in progress
Key Market OpportunitiesRising demand for plant-based ingredients enhances opportunities in The Global Carob.
Key Market DynamicsRising consumer demand for plant-based alternatives drives innovation and competition in the carob market.
Countries CoveredNorth America, Europe, APAC, South America, MEA

Market Highlights

Author
Snehal Singh
Assistant Manager - Research

High acumen in analyzing complex macro & micro markets with more than 6 years of work experience in the field of market research. By implementing her analytical skills in forecasting and estimation into market research reports, she has expertise in Packaging, Construction, and Equipment domains. She handles a team size of 20-25 resources and ensures smooth running of the projects, associated marketing activities, and client servicing.

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FAQs

What is the current valuation of The Global Carob as of 2024?

The Global Carob was valued at 0.54 USD Billion in 2024.

What is the projected market valuation for The Global Carob in 2035?

The market is projected to reach a valuation of 0.8288 USD Billion by 2035.

What is the expected CAGR for The Global Carob during the forecast period 2025 - 2035?

The expected CAGR for The Global Carob during the forecast period 2025 - 2035 is 3.97%.

Which companies are considered key players in The Global Carob?

Key players in the market include Carob World (AU), The Carob Kitchen (GB), and Ceres Organics (NZ), among others.

What are the main application segments of The Global Carob?

The main application segments include Food & Beverages, Animal Feed, and Personal Care.

How did the Food & Beverages segment perform in terms of valuation in 2024?

In 2024, the Food & Beverages segment was valued at 0.27 USD Billion.

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