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Baobab Powder-Global Market Insights and Sales Trends 2024
Synopsis
The baobab tree is one of the largest and oldest trees in the world – carbon dating indicates that these trees can live 3,000 years or more. In addition to providing food and shelter, the fruit, leaves, and bark of the mighty tree have been used medicinally for centuries in natural remedies for everything from fever to digestive issues. The fruit of the tree resembles a large mango or coconut measuring up to 18cm long and weighing around 1.4kg. It consists of a hard outer shell filled with pulp that dehydrates naturally as the fruit matures. When the pulp of this fruit is ground into powder it is known simply as baobab powder. This substance contains a powerhouse of nutrients including vitamin C, calcium, iron, potassium, magnesium, and an assortment of antioxidants.
The global Baobab Powder market size is expected to reach US$ 7302.3 million by 2029, growing at a CAGR of 5.0% from 2023 to 2029. The market is mainly driven by the significant applications of Baobab Powder in various end use industries. The expanding demands from the Food, Beverages and Personal Care,, are propelling Baobab Powder market. Organic Baobab Powder, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Ordinary Baobab Powder segment is estimated at % CAGR for the next seven-year period.
Popularity of baobab supplements, changing consumer tastes and preferences and food shopping behavior are main factor contributing to growth of market. The health benefits of baobab are improving digestive health, supporting the immune system and general hydration and skin health. Therefore, the preference for baobab powder among health-conscious people will continue to increase in the following years. One of the major factors hindering the growth of this market is the growing popularity of substitutes. The availability of a large number of substitute products in the market may impede the growth of the baobab powder market during the forecast period. Among all the regions, the markets in North America and Middle East and Africa are expected to register high CAGRs of 3.1% and 2.9% respectively in terms of volume during the forecast period. The market in Western Europe has been estimated to account for a value share of 25.1% by 2017 end. The market in North America is estimated to account for the highest value share of 28.4% in 2017. Baobab powder market in the region is expected to gain significant market share by 2027 end. The baobab powder market in Western Europe is expected to register a CAGR of 6.3% in terms of value, and a CAGR of 2.6% in terms of volume over the forecast period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Baobab Powder, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Baobab Powder market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Baobab Powder market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Baobab Powder sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Baobab Powder covered in this report include Halka B Organics, Baobab Fruit Company Senegal, Organic Africa, ADUNA, Atacora Essential and Woodland Foods, etc.
The global Baobab Powder market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Halka B Organics
Baobab Fruit Company Senegal
Organic Africa
ADUNA
Atacora Essential
Woodland Foods
Global Baobab Powder market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Baobab Powder market, Segment by Type:
Organic Baobab Powder
Ordinary Baobab Powder
Global Baobab Powder market, by Application
Food
Beverages
Personal Care
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Baobab Powder manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Baobab Powder in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
The baobab tree is one of the largest and oldest trees in the world – carbon dating indicates that these trees can live 3,000 years or more. In addition to providing food and shelter, the fruit, leaves, and bark of the mighty tree have been used medicinally for centuries in natural remedies for everything from fever to digestive issues. The fruit of the tree resembles a large mango or coconut measuring up to 18cm long and weighing around 1.4kg. It consists of a hard outer shell filled with pulp that dehydrates naturally as the fruit matures. When the pulp of this fruit is ground into powder it is known simply as baobab powder. This substance contains a powerhouse of nutrients including vitamin C, calcium, iron, potassium, magnesium, and an assortment of antioxidants.
The global Baobab Powder market size is expected to reach US$ 7302.3 million by 2029, growing at a CAGR of 5.0% from 2023 to 2029. The market is mainly driven by the significant applications of Baobab Powder in various end use industries. The expanding demands from the Food, Beverages and Personal Care,, are propelling Baobab Powder market. Organic Baobab Powder, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Ordinary Baobab Powder segment is estimated at % CAGR for the next seven-year period.
Popularity of baobab supplements, changing consumer tastes and preferences and food shopping behavior are main factor contributing to growth of market. The health benefits of baobab are improving digestive health, supporting the immune system and general hydration and skin health. Therefore, the preference for baobab powder among health-conscious people will continue to increase in the following years. One of the major factors hindering the growth of this market is the growing popularity of substitutes. The availability of a large number of substitute products in the market may impede the growth of the baobab powder market during the forecast period. Among all the regions, the markets in North America and Middle East and Africa are expected to register high CAGRs of 3.1% and 2.9% respectively in terms of volume during the forecast period. The market in Western Europe has been estimated to account for a value share of 25.1% by 2017 end. The market in North America is estimated to account for the highest value share of 28.4% in 2017. Baobab powder market in the region is expected to gain significant market share by 2027 end. The baobab powder market in Western Europe is expected to register a CAGR of 6.3% in terms of value, and a CAGR of 2.6% in terms of volume over the forecast period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Baobab Powder, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Baobab Powder market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Baobab Powder market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Baobab Powder sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Baobab Powder covered in this report include Halka B Organics, Baobab Fruit Company Senegal, Organic Africa, ADUNA, Atacora Essential and Woodland Foods, etc.
The global Baobab Powder market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Halka B Organics
Baobab Fruit Company Senegal
Organic Africa
ADUNA
Atacora Essential
Woodland Foods
Global Baobab Powder market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Baobab Powder market, Segment by Type:
Organic Baobab Powder
Ordinary Baobab Powder
Global Baobab Powder market, by Application
Food
Beverages
Personal Care
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Baobab Powder manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Baobab Powder in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Baobab Powder Market Overview
1.1 Baobab Powder Product Overview
1.2 Baobab Powder Market Segment by Type
1.2.1 Organic Baobab Powder
1.2.2 Ordinary Baobab Powder
1.3 Global Baobab Powder Market Size by Type
1.3.1 Global Baobab Powder Market Size Overview by Type (2018-2029)
1.3.2 Global Baobab Powder Historic Market Size Review by Type (2018-2023)
1.3.3 Global Baobab Powder Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Baobab Powder Sales Breakdown by Type (2018-2023)
1.4.2 Europe Baobab Powder Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Baobab Powder Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Baobab Powder Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Baobab Powder Sales Breakdown by Type (2018-2023)
2 Global Baobab Powder Market Competition by Company
2.1 Global Top Players by Baobab Powder Sales (2018-2023)
2.2 Global Top Players by Baobab Powder Revenue (2018-2023)
2.3 Global Top Players by Baobab Powder Price (2018-2023)
2.4 Global Top Manufacturers Baobab Powder Manufacturing Base Distribution, Sales Area, Product Type
2.5 Baobab Powder Market Competitive Situation and Trends
2.5.1 Baobab Powder Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Baobab Powder Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Baobab Powder as of 2022)
2.7 Date of Key Manufacturers Enter into Baobab Powder Market
2.8 Key Manufacturers Baobab Powder Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Baobab Powder Status and Outlook by Region
3.1 Global Baobab Powder Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Baobab Powder Historic Market Size by Region
3.2.1 Global Baobab Powder Sales in Volume by Region (2018-2023)
3.2.2 Global Baobab Powder Sales in Value by Region (2018-2023)
3.2.3 Global Baobab Powder Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Baobab Powder Forecasted Market Size by Region
3.3.1 Global Baobab Powder Sales in Volume by Region (2024-2029)
3.3.2 Global Baobab Powder Sales in Value by Region (2024-2029)
3.3.3 Global Baobab Powder Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Baobab Powder by Application
4.1 Baobab Powder Market Segment by Application
4.1.1 Food
4.1.2 Beverages
4.1.3 Personal Care
4.2 Global Baobab Powder Market Size by Application
4.2.1 Global Baobab Powder Market Size Overview by Application (2018-2029)
4.2.2 Global Baobab Powder Historic Market Size Review by Application (2018-2023)
4.2.3 Global Baobab Powder Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Baobab Powder Sales Breakdown by Application (2018-2023)
4.3.2 Europe Baobab Powder Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Baobab Powder Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Baobab Powder Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Baobab Powder Sales Breakdown by Application (2018-2023)
5 North America Baobab Powder by Country
5.1 North America Baobab Powder Historic Market Size by Country
5.1.1 North America Baobab Powder Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Baobab Powder Sales in Volume by Country (2018-2023)
5.1.3 North America Baobab Powder Sales in Value by Country (2018-2023)
5.2 North America Baobab Powder Forecasted Market Size by Country
5.2.1 North America Baobab Powder Sales in Volume by Country (2024-2029)
5.2.2 North America Baobab Powder Sales in Value by Country (2024-2029)
6 Europe Baobab Powder by Country
6.1 Europe Baobab Powder Historic Market Size by Country
6.1.1 Europe Baobab Powder Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Baobab Powder Sales in Volume by Country (2018-2023)
6.1.3 Europe Baobab Powder Sales in Value by Country (2018-2023)
6.2 Europe Baobab Powder Forecasted Market Size by Country
6.2.1 Europe Baobab Powder Sales in Volume by Country (2024-2029)
6.2.2 Europe Baobab Powder Sales in Value by Country (2024-2029)
7 Asia-Pacific Baobab Powder by Region
7.1 Asia-Pacific Baobab Powder Historic Market Size by Region
7.1.1 Asia-Pacific Baobab Powder Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Baobab Powder Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Baobab Powder Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Baobab Powder Forecasted Market Size by Region
7.2.1 Asia-Pacific Baobab Powder Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Baobab Powder Sales in Value by Region (2024-2029)
8 Latin America Baobab Powder by Country
8.1 Latin America Baobab Powder Historic Market Size by Country
8.1.1 Latin America Baobab Powder Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Baobab Powder Sales in Volume by Country (2018-2023)
8.1.3 Latin America Baobab Powder Sales in Value by Country (2018-2023)
8.2 Latin America Baobab Powder Forecasted Market Size by Country
8.2.1 Latin America Baobab Powder Sales in Volume by Country (2024-2029)
8.2.2 Latin America Baobab Powder Sales in Value by Country (2024-2029)
9 Middle East and Africa Baobab Powder by Country
9.1 Middle East and Africa Baobab Powder Historic Market Size by Country
9.1.1 Middle East and Africa Baobab Powder Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Baobab Powder Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Baobab Powder Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Baobab Powder Forecasted Market Size by Country
9.2.1 Middle East and Africa Baobab Powder Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Baobab Powder Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Halka B Organics
10.1.1 Halka B Organics Company Information
10.1.2 Halka B Organics Introduction and Business Overview
10.1.3 Halka B Organics Baobab Powder Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Halka B Organics Baobab Powder Products Offered
10.1.5 Halka B Organics Recent Development
10.2 Baobab Fruit Company Senegal
10.2.1 Baobab Fruit Company Senegal Company Information
10.2.2 Baobab Fruit Company Senegal Introduction and Business Overview
10.2.3 Baobab Fruit Company Senegal Baobab Powder Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Baobab Fruit Company Senegal Baobab Powder Products Offered
10.2.5 Baobab Fruit Company Senegal Recent Development
10.3 Organic Africa
10.3.1 Organic Africa Company Information
10.3.2 Organic Africa Introduction and Business Overview
10.3.3 Organic Africa Baobab Powder Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Organic Africa Baobab Powder Products Offered
10.3.5 Organic Africa Recent Development
10.4 ADUNA
10.4.1 ADUNA Company Information
10.4.2 ADUNA Introduction and Business Overview
10.4.3 ADUNA Baobab Powder Sales, Revenue and Gross Margin (2018-2023)
10.4.4 ADUNA Baobab Powder Products Offered
10.4.5 ADUNA Recent Development
10.5 Atacora Essential
10.5.1 Atacora Essential Company Information
10.5.2 Atacora Essential Introduction and Business Overview
10.5.3 Atacora Essential Baobab Powder Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Atacora Essential Baobab Powder Products Offered
10.5.5 Atacora Essential Recent Development
10.6 Woodland Foods
10.6.1 Woodland Foods Company Information
10.6.2 Woodland Foods Introduction and Business Overview
10.6.3 Woodland Foods Baobab Powder Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Woodland Foods Baobab Powder Products Offered
10.6.5 Woodland Foods Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Baobab Powder Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Baobab Powder Industrial Chain Analysis
11.4 Baobab Powder Market Dynamics
11.4.1 Baobab Powder Industry Trends
11.4.2 Baobab Powder Market Drivers
11.4.3 Baobab Powder Market Challenges
11.4.4 Baobab Powder Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Baobab Powder Distributors
12.3 Baobab Powder Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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