Baobab Powder Market

Report Highlights

The scope of this report is broad and covers different types of baobab powder, along with the applications for food, beverages and personal care. The market is broken down by types of baobab powder, applications, and regional markets. Revenue forecasts from 2019 to 2025 are given for each major type of baobab powder, application and regional market, and the estimated values are derived from the manufacturers’ total revenues.

The report also includes a discussion of the major players across each of the regional baobab powder markets; it explains the major market drivers of the global baobab powder industry, current trends within the industry, major applications, and the regional dynamics of the global baobab powder market.

The report concludes with a special focus on the vendor landscape, which includes detailed profiles of the major vendors in the global baobab powder industry.

Report Includes

• 62 tables
• An up-to-date analysis of the global baobab powder market.
• Analyses of the global market trends, with data from 2019, 2020, estimates for 2021, and projections of compound annual growth rates (CAGRs) through 2026.
• Estimation of market size and revenue forecast for global baobab powder market, and corresponding market share analysis by type, application, and region for each market segment.
• Highlights of emerging technology trends, gaps and opportunities in the market estimating current and future demand for baobab powder, identification of the companies that are best positioned to meet this demand.
• In-depth information (facts and figures) concerning market drivers, restraints and other forces affecting the progress of this market.
• Identification of new products and products still in the development and their probability of successful commercial launch within the next five years
• Impact of COVID-19 on the baobab powder market as compared to overall global economy.
• Insight into the growth development strategies of major baobab powder manufacturers and their key competitive landscape
• Descriptive company profiles of the leading market participants, including Halka B Organics, Baobab Fruit Company Senegal, Organic Africa, ADUNA, Atacora Essential & Woodland Foods.

Summary

Baobab is mostly consumed as a powder which is made form the harvested fruit that is dried and grounded and has a pleasant citrusy flavor. Based on its types, various baobab powders are available in the market such as organic baobab powder and ordinary baobab powder. The organic baobab powder captured a maximum share of 55% in 2020.

The global baobab powder market will grow from over $6.8 billion in 2020 to $7.4 billion by 2025 at a five-year CAGR of 7.5%. The market for baobab powder is expected to grow, mainly due to the various health benefits offered by the baobab powder.