Going to Boom: Carob Market Giants' Spending by 2033
The global carob market is estimated to reach a market value of US$ 761.6 million in 2023, rising to a market value of US$ 1,129.3 million by 2033, with a CAGR of 4.0% from 2023 to 2033. The increased awareness of the benefits of carob, as well as its therapeutic capabilities, might be credited to the market’s expansion. In the historical period 2018 to 2022, the carob market grew at a CAGR of 1.9%.
Carob (Ceratonia siliqua) is a plant native to the eastern Mediterranean, namely the Middle East. Carob, also known as locust bean, is mostly planted in Mediterranean locati
Like
Comment
Share
