Investing in the Carob Industry: Market Potential, Emerging Applications, and Competitive Strategies for Manufacturers and Suppliers
The global carob industry, valued at USD 0.54 Billion in 2024, is experiencing steady growth due to the increasing adoption of plant-based, functional, and clean-label ingredients. Market forecasts indicate an expansion from USD 0.5614 Billion in 2025 to USD 0.8288 Billion by 2035 at a CAGR of 3.97%. Consumer awareness of carob’s natural benefits, including high fiber content, natural...
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