Press release
Baobab Market Demand, Industry Analysis, Future Growth, Business Opportunity and Forecast 2018 to 2023
Market Overview:Baobab Market is projected to grow at a CAGR of 5.3% over the forecast period. Baobab is a fruit, which can be sourced from any one of nine species of Adansonia tree majorly found in Africa, Australia, Arabia, and Madagascar. Baobab fruit is a wholesome nutrient fruit that has different uses as per its form. It is gaining popularity in various industries such as functional foods, beverages, sauces & seasonings, nutraceuticals, cosmetics, and others. They are a great source of fiber, vitamin C, potassium, amino acids, and other minerals. Moreover, it has a natural shelf-life of 3 years, thus, no additives or preservatives are added while its usage.
Europe is expected to have a substantial growth over the forecast period 2017-2023. In Europe, the western countries including France, the U.K., Belgium, and the Netherlands are projected to be the major contributors to baobab market. Growing awareness related to nutritional value is driving the market growth among the health-conscious population.
Inclination towards functional foods among the consumers is boosting the growth of the baobab market. Additionally, increasing application of baobab fruit pulp in smoothies is supporting the growth of the baobab market in Europe. All these factors are likely to lead the growth of the European market at a CAGR of 5.9% during the forecast period 2017-2023.
Receive a Sample Report @ https://www.marketresearchfuture.com/sample_request/4913
Major Key Players:
This report includes a study of strategies such as mergers, acquisitions, and product launches by the major baobab players. It further includes product portfolios, developments of leading players, which includes
Organic Africa (Zimbabwe)
Baobab Foods (U.S.)
Afriplex (PTY) Ltd. (South Africa)
Mighty Baobab Limited (U.K.)
B'Ayoba (Zimbabwe)
Eco products (South Africa) and
Baobab Fruit Company Senegal (Italy)
Key Findings:
Major importers of baobab fruit powder are Germany, France, and The Netherlands.
Baobab fruit pulp is gaining popularity in Europe as an additive in smoothies.
Segments:
Baobab market is segmented on the basis of species such as Adansonia Digitata, Kilima, Grandidieri, Madagascariensis, and others. Among all, Digitata is the most commonly available source for baobab, which grows in various parts of Africa and the Middle East including Yemen, Oman, and Ghana.
On the basis of the form, the baobab market is segmented into oil, powder, fruit pulp, and others. Among all, the baobab oil is dominating the market and is expected to grow at the fastest rate over the forecast period. Moreover, the baobab powder is the second largest segment of the baobab market.
Based on the application, the market is segmented into a functional food, beverages, sauces & seasonings, nutraceuticals, cosmetics, and others. The cosmetics segment is dominating the market based on the high application of the baobab oil as a skin and hair moisturizer. However, functional foods segment is projected to grow substantially over the forecasted period based on increasing awareness towards the nutritional value associated with baobab.
Access Report Details @ https://www.marketresearchfuture.com/reports/baobab-market-4913
The global baobab market is segmented under the following regions
North America
U.S.
Canada
Mexico
Europe
Germany
France
Italy
Spain
U.K.
Rest of Europe
Asia Pacific
China
India
Australia
Japan
Rest of Asia Pacific
Rest of the world
Brazil
Argentina
South Africa
Others
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Contact
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Baobab Market Demand, Industry Analysis, Future Growth, Business Opportunity and Forecast 2018 to 2023 here
News-ID: 1090204 • Views: …
More Releases from Market Research Future

9-Decanoic Acid Methyl Ester Market Poised for Strong 6.59% CAGR Growth Through …
The 9-decanoic acid methyl ester market is a growing sector driven by the increasing demand for bio-based and sustainable chemical products across various industries. With its unique properties, it finds application in flavors and fragrances, pharmaceuticals, personal care, and as a chemical intermediate. The market is projected to expand significantly in the coming years.
Market Overview and Size
The global 9-decanoic acid methyl ester market was valued at USD 230.0 million in…

Washable Marker Market Poised for 3.54% CAGR Growth During 2024-2032
The washable marker market is a dynamic and growing segment within the broader stationery and art supplies industry. Driven by a blend of consumer demands for safety, convenience, and sustainability, the market is experiencing consistent expansion, particularly within the education and home-use sectors. While faced with some challenges, the industry's future looks promising, propelled by product innovation and evolving consumer trends.
Get Sample @ https://www.marketresearchfuture.com/sample_request/41217
Market Size and Growth
The global washable…

Phone Car Mounts Market to Reach USD 7.37 Billion by 2034, Growing at 6.47% CAGR
The phone car mounts market, a critical sub-segment of the broader automotive accessories industry, is experiencing robust growth driven by a convergence of technological advancements, evolving consumer behavior, and increasingly stringent road safety regulations. As smartphones become indispensable for navigation, communication, and in-car entertainment, the demand for secure and convenient hands-free solutions continues to escalate. The global phone car mounts market was valued at USD 3.93 billion in 2024 and…

Intravenous (IV) Solution Market Set to Grow to USD 26.60 Billion at 7.70% CAGR …
Market Overview:
The Intravenous (IV) Solution Market is estimated to be valued at USD 13.9 billion in 2023 and is projected to reach USD 26.60 billion by 2032, expanding at a compound annual growth rate (CAGR) of 7.70% from 2024 to 2031. The market growth is attributed to the rising prevalence of chronic diseases, growing hospitalization rates, and increasing surgical procedures that require IV fluid administration. Intravenous solutions are critical…
More Releases for Baobab
Baobab Powder Market Developments, Competitive Analysis, Forecasts 2030 - Baobab …
The report is designed to provide a holistic view of the Baobab Powder Market market from 2023 to 2030. Several vital aspects are discussed in this Baobab Powder Market report in terms of growing business and resulting market revenues. These aspects include the financial status of major companies, trending advancements, and the entire market scenario. Business players can easily make a gainful decision by understanding the data provided in this…
Baobab Ingredient Market By Product Type (Baobab Pulp, Baobab Powder, Baobab Oil …
Baobab Ingredient Market size is expected to reach nearly US$ 6.93 Bn by 2029 with the CAGR of 5.25% during the forecast period.
This Market research provides up-to-date analysis by gathering data on numerous variables such as market drivers, restraints, and opportunities. The market study focuses on the worldwide industry ecosystem, including key regional players. This novel study employs numerous analysis based on SWOT and PESTLE to gain a better understanding…
Baobab Powder Market 2019 Global Top Key Players - ADUNA Ltd., Atacora Essential …
The baobab powder is prepared from the baobab fruit pulp after it is dried and ground. It has a sweet and citrusy flavor. Baobab is considered as nutraceutical superfruit and is often used as health supplements. The powder is beige and is commonly used to thicken sauces and beverages. Baobab powder is rich in dietary fibers, calcium, iron, potassium, and magnesium and makes an exceptional natural ingredient for food and…
Will Baobab Ingredient Market experience potential growth? Key Players Afriplex, …
Global Market Insights, Inc. has announced the launch of Baobab Ingredient Market, a comprehensive study enumerating the latest price trends and pivotal drivers rendering a positive impact on the industry landscape. Further, the report is inclusive of the competitive terrain of this vertical in addition to the market share analysis and the contribution of the prominent contenders toward the overall industry.
Increasing consumption of healthy and organic food & beverage products…
Baobab Market 2018 Exclusive Analysis by Renowned Players | Mighty Baobab Limite …
Market Analysis:
Due to health benefits associated to baobab fruit, the market is growing at a substantial pace of development on the global stage. Baobab fruit is found in the regions of Africa, Arabia, and Australia. It can be sourced from any of nine species of tree in the genus Adansonia. However, majority of the species are native to Madagascar in African region. The fruit is often referred as “superfruit” as…
Baobab Ingredient Market By Key Players: Baobab Foods, Woodland Foods, TheHealth …
Baobab Ingredient Industry Overview
The Baobab Ingredient market research study relies upon a combination of primary as well as secondary research. It throws light on the key factors concerned with generating and limiting Baobab Ingredient market growth. In addition, the current mergers and acquisition by key players in the market have been described at length. Additionally, the historical information and current growth of the market have been given in the scope of the research report. The latest trends, product portfolio, demographics, geographical segmentation, and regulatory framework of the Baobab Ingredient market…