Discover the Power of Baobab Powder: Global Market Soars as Consumers Embrace Health Benefits and Skin Advantages in Cereals, Bars, and More

The global Baobab Powder Market is anticipated to witness robust growth during the assessment period. Future Market Insights studies the factors driving the popularity and adoption of baobab powder across the globe. Consumers today are becoming aware of the benefits of baobab powder, which in turn is surging the demand for baobab powder-based products such as cereals and bars.

Baobab powder is utilised as an ingredient in many anti-aging lotions because it has many skin advantages, including protecting the skin from extreme heat or cold, rejuvenating skin cells, moisturising the skin, and preventing free radical damage. Baobab powder is often used in foods like cereals, bars, and jellies since it is a strong source of calcium and potassium. Worldwide consumption of baobab powder is rising as a result of its many health benefits.

Discover the Power of Baobab Powder: Request a Sample Report to Explore the Rising Demand, Skin Benefits, and Health Advantages of Baobab Powder-based Products :
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Segmental Forecast of the global baobab powder market

On the basis of product type (organic baobab powder, conventional baobab powder), end use (industrial, retail), sales channel (direct sales, indirect sales), and region, the global baobab powder market is divided.

Forecast by Product Type: Organic baobab powder segment is expected to register the highest CAGR during the forecast period. The organic baobab powder segment is estimated to be valued at US$ 8,544.2 Mn by 2027 end and is expected to expand at a CAGR of 6.5% over the forecast period.

Forecast by End Use: The retail segment is estimated to account for the highest value share of 65.2% in 2017 and is projected to reach a market valuation of US$ 6,545.1 Mn by 2027 end, registering a CAGR of 6.3% over the forecast period.

Forecast by Sales Channel: The indirect segment is estimated to account for the highest value share of 75.4% in 2017. This segment is estimated to be valued at US$ 7,602.1 Mn by 2027 end and is expected to expand at a CAGR of 6.3% over the forecast period.

Forecast by Region: North America followed by Western Europe will be the leading markets in the global baobab powder market with an anticipated value share of about 30% and 25% respectively by the end of 2027. North America will witness the highest regional CAGR of 6.8% during the forecast period.

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Competitive Landscape

The report profiles some of the top companies operating in the global baobab powder market including:

  • EcoProducts
  • Baobab Fruit Company Senegal
  • B’Ayoba (Pvt) Ltd
  • Organic Africa, Aduna Limited
  • Etude House
  • Woodland Foods
  • Powbab Inc
  • ATACORA
  • Halka B. Organics
  • Indigo Herbs LTD and Organic Burst UK Ltd.

Companies are focussing on addressing customer centric product demand by expanding their product portfolio and introducing a variety of products in the global market. Suppliers are entering into long-term contracts with baobab products manufacturers to avoid increase in product prices, and baobab manufacturers are also benefitting from these long-term contracts with suppliers as it helps them sustain their operations.

Market Taxonomy

By Product Type:

  • Organic Baobab Powder
  • Conventional Baobab Powder

By Sales Channel:

  • Direct  Sales
  • Indirect Sales
    • Speciality Whole Shops
    • Online Retail

By End Use:

  • Industrial
    • Food
      • Functional Food
      • Dairy Products
      • Bakery and Confectionery
      • Others (pet food, tea, etc.)
    • Beverages
      • Alcoholic
      • Non-Alcoholic
    • Nutraceuticals
    • Cosmetics
  • Retail

By Region:

  • North America
  • Western Europe
  • Eastern Europe
  • Latin America
  • APEJ
  • Japan
  • Africa
  • Middle East

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Global Baobab Powder Market Forecast 2017-2027

Future Market Insights predicts the global baobab market to be valued at about US$ 5,483 Mn by the end of 2017 and will continue to grow at a CAGR of 6.2% during the period of study to reach a market valuation of about US$ 10,004 Mn by the end of the forecast period.

About Future Market Insights (FMI):

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization, and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel, and End Use over the next 10 years.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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