Baobab Powder Market – Forecast (2022 - 2027)
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Baobab Powder Market size is estimated at $5.4 billion in 2020, projected to grow at a CAGR of 5.2% during the forecast period 20212026. Baobab powder is made from baobab seeds that have dried naturally on the tree. The baobab tree’s fruit is edible and has a sweet, tangy flavour. Baobab-based products are frequently touted as being high in antioxidants. Some proponents say that goods created with baobab fruit can help slow the aging process and guard against major ailments like heart disease and cancer owing to its antioxidants and riboflavin content. Owing to its numerous benefits, baobab powder is employed in a variety of industries. Furthermore, baobab powder is an effective source of riboflavin, vitamin C as well as antioxidants that subsidizes to the regular energy release, effective immune function, healthy and glowing skin. Contact: (+1) 970-2363677 Email: sales@industryarc.com
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Key Takeaways The Baobab Powder Industry is expanding owing to emerging applications in food and beverage industry with riboflavin nutrients & antioxidants properties. Geographically, North America Baobab Powder Market held the largest revenue share of 41% in 2020 owing to higher consumption and production of Baobab Powder in the region. The scope of the Baobab Powder Market for various regions will be provided in the final report. The market's growth will also be fuelled by ongoing research and advancements in end use is pushing the Baobab Powder industry forward during the forecast period 2021-2026. Fluctuating cost of raw material for Baobab results in variation in demand needs which is poised to create hurdles for the Baobab Powder Market. Contact: (+1) 970-2363677 Email: sales@industryarc.com
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By Distribution Channel- Segment Analysis Based on Application, Food & Beverages Segment accounted for the major revenue market share in 2020 attributed to the growing demand amongst customers for beverages with high nutritional benefits. Moreover, baobab powder has subtly tangy flavor which blends effortlessly with other fruit flavors, making it a nutrient-enriched addition to the number of food and beverage products. Further, the efficient nutritional profile of baobab powder has led itself to wide range of uses and offers a number of prospects for food innovation, based on what the producer are required to highlight. Contact: (+1) 970-2363677 Email: sales@industryarc.com
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Baobab Powder Market Industry Outlook • Aduna Limited • • • • • • • • •
Baobab Foods B’Ayoba NP Nutra Mighty Baobab Limited London Organic Africa EcoProducts Atacora Halka B Organics Organic Burst UK Ltd.
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Baobab Powder Market – Forecast (2022 - 2027) Learn More About the Report
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