Baobab Market Business Opportunities 2019 | Size, Value Share, Gross Margin, Emerging Trend, Global Analysis and Forecast to 2023

Baobab Market Global Research Report by Species (Kilima, Grandidieri, Adansonia Digitata, Madagascariensis), Form (powder, Oil, Fruit Pulp), Application (functional food, Beverages, Sauces & Seasonings, Nutraceuticals, Cosmetics) and Region

pune, India - July 18, 2019 /MarketersMedia/ —

Market Overview
Baobab Oil has increased in cosmetic industry as it is rich in omega 3, 6, and 9 fatty acids and vitamins. The usage of product in cosmetics helps in reducing wrinkles and for maintaining healthy skin. In addition, baobab pulp is used in smoothies, and in frozen desserts such as ice creams as well as for preparing sauces. It is also used as flavor enhancer, viscosity and texture modifier. Furthermore, baobab powder is increasingly used in dietary supplements as it aid in weight loss as well as act detoxifier. Furthermore, due to increasing inclination of consumers towards natural and organic products, demand for organic baobab product is expected to experience a surge during the forecast period, thereby providing growth opportunity for the key manufacturers.

Due to health benefits associated to baobab fruit, the market is growing at a substantial pace of development on the global stage. Baobab fruit is found in the regions of Arabia, Africa and Australia. It can be sourced from any of nine species of tree in the genus Adansonia. However, majority of the species are native to Madagascar in African region. The fruit is often referred as “superfruit” as it has high nutrients density. It is a considered to be rich source of Specifically Vitamin C, Antioxidants, Vitamins, Potassium, Calcium, Magnesium, Fiber, And protein. The product has medicinal properties such as it acts as Antimicrobial, Antiviral, Anti-Malarial, Anti-Oxidant, and anti-inflammatory. It can also aid in the treatment of diarrhea, anemia, and asthma. Therefore, the numerous health benefits associated with baobab has spiked the demand for the product, across the globe.

Get Free Sample Copy of “Baobab Market” @ https://www.marketresearchfuture.com/sample_request/4913

Key Players
The key players profiled in Baobab Market report are Baobab Market

• Company Eco products (South Africa),
• Senegal (Italy),
• Afriplex (PTY) Ltd. (South Africa),
• Mighty Baobab Limited (U.K.),
• B'Ayoba (Zimbabwe),
• Organic Africa (Zimbabwe)
• Baobab Foods (U.S.)

The key manufacturers have been active with research and development to introduce product in novel forms, so that they can be used by several industries as an ingredient. For instance, manufacturers targeting food manufacturers and private label brands introduced fruit in chewy forms which can easily added into wide range of food products such as cereals and granolas, nutrition bars, ice creams, and baking products, among others. Furthermore, increasing awareness about the product benefits in emerging economies provides expansion opportunities to the key players. Focusing on untapped market coupled with innovation would help key manufactures in increasing market penetration and profit margin.

Latest Industry Updates
Jan 2018: Yeo Valley, a U.K. based company, launched a yogurt made with baobab fruit. The product has been combined with vanilla which he. The company partnered with the Organic Herb Trading Company to source the fruit from Zimbabwe.

Nov 2018: Nature’s Power Nutraceuticals Corporation, a U.S. based company launched organic baobab powder which has a pleasant taste. The product is also rich in vitamin C, potassium, calcium, fiber, pectin, polyphenols, and magnesium.

May 2016: Baobob Foods Inc., U.S. based company launched baobab chew in European market. The product is considered to be a substitute to dried fruit ingredients and is rich source of nutrients.

Regional Analysis
The global Baobab Market is segmented into Europe, North America, Asia Pacific, and rest of the world (RoW). North America is the dominating region in baobab market and is closely followed by Europe. The Western Europe countries including France, the U.K., Belgium and the Netherlands contribute majorly to the growth of the baobab market in European region. Asia Pacific is expected to witness a stable growth during the forecast period due to growing awareness in the region. Africa and Australia are leading the market due to high cultivation as well as consumption of baobab in these regions.

Access Full Report Details and Order this Premium Report @ https://www.marketresearchfuture.com/reports/baobab-market-4913

Industry Segments
Global Baobab Market has been divided into Species, Form, Application and Region.

On The Basis Of Species: Kilima, Grandidieri, Adansonia Digitata and Madagascariensis

On The Basis Of Form: Powder, Oil, Fruit Pulp

On The Basis Of Application: Functional Food, Beverages, Sauces & Seasonings, Nutraceuticals, Cosmetics

On The Basis Of Region: North America, Europe, Asia Pacific, and ROW.

Contact Info:
Name: Abhishek
Email: Send Email
Organization: market research future
Address: Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune - 411028 Maharashtra, India
Phone: 6468459312
Website: https://www.marketresearchfuture.com/reports/baobab-market-4913

Source URL: https://marketersmedia.com/baobab-market-business-opportunities-2019-size-value-share-gross-margin-emerging-trend-global-analysis-and-forecast-to-2023/88898344

Source: MarketersMedia

Release ID: 88898344

Latest News

Riot police storm Hong Kong malls to nip more protests

Jan 18, 2020

HONG KONG — Riot police stormed several malls in Hong Kong on Sunday in a move to thwart more pro-democracy protests, as the city's leader heads to Beijing for talks on deepening economic integration between the semi-autonomous Chinese territory and mainland China. There were calls online urging protesters to gather in seven locations to sustain a push for political reform following a chaotic day of protests and clashes with police on Saturday, with the anti-government movement showing no signs of letting up after nearly five months. Most of the rallies didn't pan out Sunday as scores of riot police took...

Nissan ex-chairman Ghosn's lawyers want charges dismissed

Jan 18, 2020

TOKYO — The lawyers of former Nissan Chairman Carlos Ghosn, who is awaiting trial in Japan, said Thursday they have asked that financial misconduct charges against him be dismissed. They said in a statement that they filed papers in Tokyo District Court alleging prosecutorial misconduct that would prevent Ghosn from having a fair trial. The filings say the case results from unlawful collusion between prosecutors, government officials and Nissan executives to drum up allegations. The papers Ghosn's lawyers filed in Tokyo District Court last week allege collusion between the prosecutors, government officials and executives at Nissan Motor Co. to drum...

China says US has 'weaponized' visas to target exchanges

Jan 18, 2020

BEIJING — China on Wednesday accused the U.S. of having "weaponized" the issuance of visas following the reported inability of a top Chinese space program official to obtain permission to travel to a key conference in Washington. Foreign Ministry spokeswoman Hua Chunying told reporters that the head of the Chinese delegation to the International Astronautical Congress wasn't able to obtain a visa following an Oct. 12 interview, making it difficult for Chinese representatives to attend important events at the meeting. Reports said the vice chairman of the China National Space Administration, Wu Yanhua, had planned to attend the congress. Hua...

Hong Kong police say homemade bomb targeted officers

Jan 18, 2020

HONG KONG — A homemade, remote-controlled bomb intended to "kill or to harm" riot control officers was detonated as they deployed against renewed violence in Hong Kong over the weekend, police said Monday, in a further escalation of destructive street battles gripping the business hub. The "loud thud" Sunday night close to riot officers who had been clearing away a protester-built road block marked the first known use of an explosive device during protests that started in June over a contested extradition bill and have snowballed into an anti-government, anti-police and anti-China movement. "It exploded less than 2 meters (yards)...

Asian stocks gain after US, China announce truce on tariffs

Jan 18, 2020

BEIJING — Asian stock markets have risen after Washington and Beijing announced a truce on tariff hikes in a trade war. Benchmarks in Shanghai, Hong Kong and Seoul advanced. Japanese markets were closed for a holiday. President Donald Trump agreed Friday to put off planned tariff hikes this week on Chinese goods in a fight over Beijing's trade surplus and technology plans. In exchange, he said China would buy American farm goods. But the two sides reported no progress on basic disputes that sparked the 15-month-old fight that threatens global economic growth. Friday's truce "has simply temporarily halted the escalation...

Subscribe To Our Newsletter