Baobab Ingredient Market Size, Share, Trends and Future Growth Predictions and Forecast 2018 – 2026

Published: Mon Aug 05 2019

MRRSE Research offers an 8-year forecast for the global Baobab Ingredient Market between 2018 and 2026. The global baobab ingredient market is expected to register a CAGR of 5.3% during the forecast period. The primary objective of the report is to offer insights on the advancements and opportunities in the baobab ingredient market. The study demonstrates market dynamics that are expected to influence the current challenges and future status of the global baobab ingredient market over the forecast period. This report also offer updates on trends, drivers, restraints, value forecasts, and opportunities for manufacturers operating in the global and regional baobab ingredient markets.

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Baobab is a super fruit. The powder can be used as a health supplement and as a food ingredient. Baobab ingredients are rich in vitamin C, calcium, and magnesium. Baobab ingredients are antioxidants and have prebiotic properties. Baobab ingredients are a natural source of dietary fibers, minerals, and organic acids. Baobab is native to most of Africa, especially abundant in drier, less tropical climatic areas. Boabab contains bioactive ingredients, which include triterpenoids, flavonoids, and phenol compounds, which also contain sterols and saponins. Baobab ingredients have one of the highest antioxidant capacities of any in the world, with more than double the antioxidants per gram of goji berries, and more than blueberries and pomegranates.

Key Segments Covered

  • Product Type

  • Source

  • Application

  • Distribution Channel

  • Region

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On the basis of source, the baobab ingredient market can be segmented into organic and conventional. The conventional segment is estimated to account for a significant revenue share of 79.5 % in 2026, and is expected to register a significant growth rate in the baobab ingredient market during the forecast period. Furthermore, on the basis of distribution channel, the baobab ingredient market is segmented into direct and indirect. The indirect segment is further sub-segmented into specialty stores, online stores, and others. Amongst these sub-segments, the specialty stores segment is anticipated to occupy the largest market share of 65.4% in 2026. The online stores sub-segment is expected to register a high growth rate during the forecast period. By type, the baobab ingredient market is segmented into baobab pulp, baobab powder, and baobab oil. The baobab powder segment is likely to be the most attractive segment during the forecast period, owing to its versatile nature and wide range of applications. Baobab powder is used as an ingredient in the beverage industry. By application, the baobab ingredient market is segment as industrial and retail. The industrial segment is likely to be the most attractive segment in the baobab ingredient market over the forecast period with the highest market share.

The report provides a baobab ingredient market outlook for 2018-2026, and sets the forecast within the context of the baobab ingredient ecosystem, including product offerings as well as new product developments in the global baobab ingredient market. There is a section in the report that highlights the demand for baobab ingredients. It also includes the market share of each segment according to the region with analysis towards baobab ingredient market trends, respectively. This study discusses the key trends contributing to the growth of the global baobab ingredient market, as well as analyzes the degree at which the drivers are influencing the global baobab ingredient market.

In the final section of the baobab ingredient market report, a competitive landscape of the key players is provided. Key players in the global baobab ingredient market include Woodland Foods, The Healt hy Tree Company, Simpli Ingredients, Raw some Foods, Phyto Trade Africa, Organic Herb Trading, Organic Africa, NP Nutra, Mighty Baobab Limited, Indigo Herbs Limited, Halka B Organics, Eco Products, BioessenceTrade, BI Nutraceuticals, B'Ayoba (Pvt) Ltd., Baobab Fruit Company Senegal, Baobab Foods, Atacora, Afriplex, and Aduna Limited.

In addition, it is imperative to note that, in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyze on the basis of key parameters, such as year-on-year (Y-o-Y) growth, to understand the predictability of the baobab ingredient market and to identify the right opportunities.

Key Regions/Countries Covered

  • North America

  • Latin America

  • Europe

  • APAC

  • MEA

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