How big is the Carob Market | Trends Driving Demand 2025

Q: How big is the Carob market?

The Carob Market was estimated at USD 869.5 million in 2024 and is projected to reach USD 3.50 billion by 2031.

Q: What is driving the growth of this market?

Growth is driven by increasing demand for natural, healthy, and allergy-friendly food ingredients.

Q: What are the key trends in the Carob industry?

Rising use in functional foods, organic carob farming, clean-label adoption, and new product applications.

Q: Who are the leading players in the carob market?

Major players include The Australian Carob Co., Eurocarob, Cretan Carob, and LBG Sicilia.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

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Code: MTA5731

Publication Date: Jul 2025

What is the size of the Carob Market?

According to 6Wresearch internal database and industry insights, the G lobal Carob Market was estimated at USD 869.5 million in 2024 and is projected to reach USD 3.50 billion by 2031, growing at a CAGR of 7.1% during the forecast period 2025â€“2031

Due to growing demand for natural sweeteners, caffeine-free cocoa substitutes, and rising use of carob in health foods and dietary supplements, the market is predicted for the strong growth the coming years.

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Key Growth Drivers of the Carob Market

Increasing consumer preference for natural and plant-based food ingredients
Rising awareness of carobâ€™s nutritional benefits including fibre, antioxidants, and low fat
Growing applications in bakery, confectionery, beverages, and animal feed industries
Shift toward clean-label and allergen-free formulations in food products
Expansion of organic and sustainably sourced carob farming practices

Carob Market Trends

Carob market is expanding its landscape with notable trends which include using carob as a substitute for chocolate in vegan and gluten-free products. Another trend is the rising use of carob powder in baking, smoothies, and health bars is on the rise. Also, the functional food companies are highlighting its digestive and low-glycaemic properties to attract health-focused consumers. Also, thepackaging innovation and consumer education campaigns are helping to elevate carobâ€™s image from a niche substitute to a mainstream health ingredient.

Emerging Developments in the Carob Market

Carob market is seeing new developments as the market is investing in modern processing technologies to enhance the flavour and solubility of carob products. Further, the new carob-based syrups and dairy alternatives are being introduced in Western markets. Also, the sustainability initiatives around carob cultivation, particularly in Mediterranean countries are drawing interest from ethical consumers. Further, partnerships between farmers and nutraceutical companies are helping secure premium carob supply chains.