Ocean View, DE -- (SBWIRE) -- 05/07/2020 -- The global Baobab Ingredient market was valued at USD 3.5 Billion in 2017 and is projected to touch USD 5 Billion by 2024, developing at a CAGR of 5.6% from 2019 to 2024. Global Market Insights declares the publication of its latest research report, with the title 'Global Baobab Ingredient Market'. This report sheds light on the analysis of the industry challenges, growth opportunities, industry threats, as well as strengths. Also, the weaknesses prevalent across the industry scenario and the restraining factors of the market are also provided.

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Top Manufacturers:
- Organic Africa
- Halka B Organics
- Organic Bursts U.K. Limited
- B'Ayoba
- Aduna Limited
- Mighty Baobab Limited
- Afriplex
- Africa baobab

Owing to increasing awareness and demand for superfoods, new growth dimensions have been added to industries such as baobab ingredient market that has witnessed a sharp incline due to the nutrient rich profile of the fruit having come to light. The African population has traditionally used baobab to relieve symptoms of dysentery, diarrhea and constipation but the western world has come to assign the status of a superfruit to baobab rather recently. This is essentially because the product has been shown to contain 6 times the vitamin C of oranges, 10 times the fiber of apples, twice the calcium of milk, 5 times the magnesium of avocados and 4 four times the potassium of bananas.
The Baobab Ingredient Market research study provides a detailed survey of the vital players – this is based on the financial highlights, company outline, SWOT Analysis, Product Portfolio, as well as major strategies and the expansion plans of industry contenders. This report is also anticipated to reflect consistent growth in years to come, since consumers are now being rather aware of product quality. This market analysis of an industry is a crucial factor that numerous stakeholders such as investors, traders, CEOs, suppliers, and more, need to be aware of.

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The competitive analysis comprising numerous market players is a rather noteworthy feature of the Baobab Ingredient market report, as it provides details about the direct and indirect competitors in the market. The report also provides the company profile of these market players inclusive of certain specifications, technologies, and their future development plans.
Also, the strengths and weakness profiles of the competitive firms have been provided, so that the efficiency and the overall productivity of these companies will depict a rise. The Baobab Ingredient market report segmentation also aims to identify the high yield segments of the industry
The market is divided with respect to the product type, end-use, and regional reach. Also, the report compares the growth rate and production value of the Baobab Ingredient market spanning different geographies.

Baobab ingredient market has received an added growth scope through the fact that the tangy tasting baobab powder can be easily integrated into various health foods ranging from granolas to cereals and even fruit juices and frozen desserts. Due to its elevated level of acid, baobab ingredients can be used to bring peripheral flavors into focus, adding brightness and enhancing the end product. Incidentally, baobab has become one of the most highly sought-after ingredients in the beverage industry as it is not only a low-glycemic food but also gluten-free and highly alkalizing, all of which are trending in terms of beverage innovation. It also has a cost-effective perspective adding to its popularity. For instance, in the U.S., adding 50g of baobab powder to single-strength juice costs less than 75 cents per gallon. This addition delivers an incredible 70,000 ORAC units of antioxidants, 1,135mg of potassium, 25g of fiber and 85mg of magnesium.
Global Baobab Ingredient Market Segmentation: By Type, Applications, Regions and Companies
Product Type Segment:
- Pulp
- Powder
- Oil
Application Segment:
- Food
- Beverage
- Nutraceutical
- Personal Care & Cosmetics
Regional Segment:
North America
Europe
Asia Pacific
Latin America
Middle East and Africa

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Main Features of the Global Baobab Ingredient Market Research Report:
-The report delivers the market valuation as well as the projected growth rate of the global Baobab Ingredient market spanning all years till 2026.
-The report also describes the major drivers of worldwide Baobab Ingredient market by considering as well as taking calculated risks, in tandem with identifying and testing new strategies.
-The research report endorses a detailed industry chain analysis. Also, it covers the production process of Baobab Ingredient, upstream raw material supplier information, raw material costs, labor costs, manufacturing costs, marketing channels, as well as the downstream buyers of the Baobab Ingredient market.
-The report provides detailed knowledge about the competitive scenario of the global Baobab Ingredient market, and also discusses the numerous marketing strategies adopted by companies to stay ahead in the competition.
-The report analyses the various market segments and also provides their contribution to the development of the global Baobab Ingredient market.

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