Baobab Powder Market

The global Baobab Powder market was valued at US$ 5311.4 million in 2022 and is projected to reach US$ 7377.6 million by 2029, at a CAGR of 4.8% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

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.

Baobab Powder Market aims to provide a comprehensive presentation of the global market for Baobab Powder, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Baobab Powder. Baobab Powder Market contains market size and forecasts of Baobab Powder in global, including the following market information:

Global Baobab Powder Market Revenue, 2018-2023, 2024-2032, ($ millions)

Global Baobab Powder Market Sales, 2018-2023, 2024-2032, (K MT)

Global top five Baobab Powder companies in 2022 (%)

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.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Baobab Powder manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Baobab Powder Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (K MT)

Global Baobab Powder Market Segment Percentages, by Type, 2022 (%)

• Organic Baobab Powder
• Ordinary Baobab Powder

Global Baobab Powder Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (K MT)

Global Baobab Powder Market Segment Percentages, by Application, 2022 (%)

• Food
• Beverages
• Personal Care

Global Baobab Powder Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (K MT)

Global Baobab Powder Market Segment Percentages, By Region and Country, 2022 (%)

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

• Key companies Baobab Powder revenues in global market, 2018-2023 (Estimated), ($ millions)
• Key companies Baobab Powder revenues share in global market, 2022 (%)
• Key companies Baobab Powder sales in global market, 2018-2023 (Estimated), (K MT)
• Key companies Baobab Powder sales share in global market, 2022 (%)

Further, the report presents profiles of competitors in the market, key players include:

• Halka B Organics
• Baobab Fruit Company Senegal
• Organic Africa
• ADUNA
• Atacora Essential
• Woodland Foods

Outline of Major Chapters:

Chapter 1: Introduces the definition of Baobab Powder, market overview.

Chapter 2: Global Baobab Powder market size in revenue and volume.

Chapter 3: Detailed analysis of Baobab Powder manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Baobab Powder in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: 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 8: Global Baobab Powder capacity by region & country.

Chapter 9: 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 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.