Cold Brew Coffee Market Overview 2030: Trends, Challenges, and Opportunities Carob is a south-after ingredient in the food and beverage industry. It is derived from Ceratonia siliqua also called a carob tree. The global market for carob is witness a rapid growth finds Market Research Future (MRFR) in its latest study. The product is extensively popular in regions such as Northern Africa, Southern Europe and Mediterranean Islands. Carob Market size is expected to grow at a CAGR of 4.55% and reach a value of USD 0.7462 billion by 2032 due to growing demand for carob from the food and beverage industry and increasing incidence of gluten intolerance Carob seeds and pulp are used as stabilizers, natural sweeteners, thickeners in preparation of a range of food item. Its application in food is also growing owing to its health benefits. Carob is viewed as a healthier alternative to cocoa powder. In addition, it is replacing many other additives such as gaur gum among others. Carob pods are used as fodder for livestock. Sub-market such as bakery present attractive market opportunities. Such factors are propelling the market forward. Global Carob Market: Segmental Analysis The segmental analysis of the global carob market has been conducted on the basis of application, category, form and region. On the basis of application, the market has been segmented into dairy products, bakery and confectionery, snack and others. On the basis of category, the market has been segmented into organic and conventional. The former currently occupies the leading position. This is mainly owing to widespread availability of conventional carob. The conventional segment is expected to retain its top spot throughout the forecast period. The organic segment is also projected to be highly profitable. In fact, the segment is expected to exhibit a relatively higher CAGR during the assessment period. This is mainly owing to the rising popularity of organic products in various consumer markets across the globe. Based on form, the market has been segmented into gum, powder and others. The gum segmented is anticipated to maintain it leading position in 2019 and beyond. The segment’s growth can be attributed to the increased popularity of carob gum in the food industry. Carob gum is used as an alternation for gaur gum. These factors will continue to support the growth of the segment during the assessment period. The powder segment is anticipated to exhibit a relatively higher CAGR between 2019 and 2024. Growing usage of carob powder in bakery product and pharmaceutical product manufacturing is one of the key drivers of the segment. Request for free sample copy: https://www.marketresearchfuture.com/sample_request/7778

The global Cold Brew Coffee Market Projected to Reach at a USD 3.25 Bn By 2030 With CAGR Of 11.74% By 2022 – 2030, according to the latest research report published by Market Research Future (MRFR). Factors responsible for the strong growth rate of the global cold brew coffee market are analyzed in detail in the report, which also provides an analysis of the economic background, providing context and relevance to the analysis of drivers and restraints. Key microeconomic and macroeconomic factors engaged in driving the global cold brew coffee market are studied in detail in the report. Major companies operating in the global cold brew coffee market are also profiled in the report, giving readers a comprehensive overview of the competitive landscape of the market. Competitive tactics and strategies employed by leading players in the cold brew coffee market research are also studied in detail in the report, providing readers with an overview of the most successful strategies in the market. Cold brew coffee is a variant of coffee that is made by steeping roasted and ground coffee in room temperature water instead of hot water. Due to the cold temperature of the water involved, cold brew coffee cannot be prepared in a matter of minutes like conventional coffee and requires a prep time of up to 12 hours, with 6 hours being the minimum recommended by most coffee experts. Due to the higher prep time, cold brew coffee is often served at a higher rate than conventionally prepared coffee. However, other factors also determine the higher price of cold brew coffee. Due to the absence of heat in steeping, cold brew coffee is considered to be less acidic than conventionally brewed coffee and also contains less caffeine, as heat is required to extract caffeine from coffee. This makes cold brew coffee healthier than conventionally brewed coffee, which also plays a role in driving up its prices. This is the reason why cold brew coffee is often sold at higher rates than conventionally brewed iced coffee in coffee shops. While the health benefits and taste superiority of cold brew coffee over conventionally brewed coffee have driven the market demand for cold brew coffee, the availability of other ready to drink beverages such as iced tea and matcha tea has been a major restraint on the cold brew coffee market. This is likely to remain the key restraint on the cold brew coffee market over the forecast period, as the complicated preparation process of cold brew coffee makes it less convenient for shopkeepers than other, more easily prepared beverages. However, the growing demand for on the go beverages is likely to remain a major driver for the cold brew coffee market over the forecast period. Request for free sample copy: https://www.marketresearchfuture.com/sample_request/7818

Carob Market Overview 2032: Trends, Challenges, and Opportunities The carob market industry is projected to grow from USD 0.5227 Billion in 2023 to USD 0.7462 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 4.55% during the forecast period (2023 - 2032) The carob fruit is native to the Mediterranean and characterized by its dark brown color. The seeds and pulp of the fruit are utilized as thickeners, stabilizers, and sweeteners in the food industry. The global carob market report by Market Research Future (MRFR) breaks down the vastness and its scope by defining its drivers and challenges. It contains predictions for the period of 2023 to 2032 (forecast period). In 2032, the global carob market overview is witnessing a significant resurgence, driven by a growing consumer preference for healthier and sustainable food choices. With an increasing awareness of the environmental impact of traditional cocoa production, carob has emerged as a compelling alternative due to its eco-friendly cultivation practices and naturally sweet, nutritious profile. As consumers seek healthier snack options and demand for plant-based ingredients rises, carob's versatility in applications, including confectionery, baking, and beverages, has led to an expanding market footprint. Furthermore, the market's growth is fueled by the rising adoption of carob as a gluten-free, caffeine-free, and allergen-free substitute in various food products, making it a key player in the future of sustainable and health-conscious food markets. Market Scope The global carob market is primarily driven by its use as a viable substitute for cocoa powder. It has also served as a replacement for guar gum due to its similar properties. Its use as fodder for livestock consumption can drive the market demand. The large animal husbandry industry and the demand for meats can fuel the demand for carob in the coming years. Research studies indicating the antioxidative properties of carob flour in cereals will play a pivotal role in the market. Medicinal applications of carob which include treatment of cancer and diarrhea, management of digestion, and lowering of cholesterol levels will augur favorably for the market. Carob does not contain caffeine and can be used as a chocolate substitute for consumers with caffeine intolerance. The application of the ingredient in pet foods due to its lack of theobromine can fuel the market growth till 2023. Segmentation The global carob market has been segmented based on category, form, and application. By category, the global carob market has been classified as conventional and organic. On the basis of form, the global carob market has been divided into powder, gum, and others. The global carob market has also been segregated, based on application, into bakery and confectionery, dairy products, snacks, and others. Request for free sample copy: https://www.marketresearchfuture.com/sample_request/7778