| Product Code: ETC219984 | Publication Date: Aug 2022 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
India`s carob powder import market saw significant growth in 2024, with top exporting countries being Sri Lanka, USA, UAE, Italy, and Vietnam. The market showed a high concentration level, as indicated by the Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 was an impressive 38.98%, reflecting a strong demand for carob powder in India. Moreover, the growth rate in 2024 alone was 42.37%, underscoring the increasing popularity and consumption of this product in the country.
The India Carob Powder Market is majorly being driven by the increasing awareness of the health benefits of carob powder as a natural sweetener and alternative to cocoa powder. Carob powder is a rich source of antioxidants and vitamins and it is also low in fat and calories. Additionally, the demand for plant-based and vegan products is also proliferating the market growth. However, the market is hampered by the limited availability of carob pods, the high cost of processing and refining. Additionally, the market is also be impacted by the lack of awareness among consumers about the uses and benefits of carob powder, as well as the competition from other natural sweeteners such as honey and maple syrup.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Carob Powder Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Carob Powder Market Revenues & Volume, 2021 & 2028F |
3.3 India Carob Powder Market - Industry Life Cycle |
3.4 India Carob Powder Market - Porter's Five Forces |
3.5 India Carob Powder Market Revenues & Volume Share, By Product Type, 2021 & 2028F |
4 India Carob Powder Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about health benefits of carob powder |
4.2.2 Growing demand for natural and organic food products in India |
4.2.3 Rising preference for plant-based alternatives to traditional ingredients in food and beverages |
4.3 Market Restraints |
4.3.1 Limited awareness and availability of carob powder in comparison to other alternative ingredients |
4.3.2 Price fluctuations in carob production impacting market stability |
4.3.3 Lack of standardized quality control measures in the carob powder industry |
5 India Carob Powder Market Trends |
6 India Carob Powder Market, By Types |
6.1 India Carob Powder Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Carob Powder Market Revenues & Volume, By Product Type, 2018 - 2028F |
6.1.3 India Carob Powder Market Revenues & Volume, By Natural Carob Powder, 2018 - 2028F |
6.1.4 India Carob Powder Market Revenues & Volume, By Organic Carob Powder, 2018 - 2028F |
7 India Carob Powder Market Import-Export Trade Statistics |
7.1 India Carob Powder Market Export to Major Countries |
7.2 India Carob Powder Market Imports from Major Countries |
8 India Carob Powder Market Key Performance Indicators |
8.1 Number of new product launches containing carob powder |
8.2 Consumer interest and engagement with carob powder on social media platforms |
8.3 Growth in the number of retail outlets stocking carob powder |
9 India Carob Powder Market - Opportunity Assessment |
9.1 India Carob Powder Market Opportunity Assessment, By Product Type, 2021 & 2028F |
10 India Carob Powder Market - Competitive Landscape |
10.1 India Carob Powder Market Revenue Share, By Companies, 2021 |
10.2 India Carob Powder Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |