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Global Baobab Ingredient Market to Grow at a CAGR of 5.8% During the Period 2022-2027, Driven by Demand for Healthy Food Alternatives

According to a new report by EMR titled, ‘Global Baobab Ingredient Market Report and Forecast 2022-2027’, the global baobab ingredient market is expected to grow at a CAGR of 5.8% during the period 2022-2027, driven by baobab’s nutritional value and food applications.

Increased demand for healthy food products and those with natural ingredients is projected to drive the worldwide baobab ingredient market. The industry is predicted to grow due to consumers' demand for foods offering health benefits. Reports suggest that customers in higher income groups prefer healthy food products, hence, the market for baobab-based food products is predicted to rise owing to the health benefits provided by baobab. Europe, North America, and Africa are projected to be key markets.

The African baobab (Adansonia digitata L.) is a multifunctional tree native to the arid and semi-arid regions of Western Africa. It offers a wide range of economic benefits, such as clothing, medicines, non-wood forestry goods, and raw materials for a variety of products. Baobab fruits, seeds, leaves, and flowers can be used to make milk, flavouring compounds, spices, protein, oils, and feeds. Several medicinal benefits of African baobab have been reported. Its bark, roots and leave extracts exhibit high antiviral and antimicrobial activities. An alkaloid “Adansonin” found in the bark has been reported to be effective against fever and malaria. Pulp of baobab fruit is used as a functional food to treat and prevent hyperlipidemia related health conditions, through increasing the activity of antioxidant enzymes.

The fruit of the baobab tree is the most useful element. It serves as a food source for the local population. Dry pulp may be ground to powder to dissolve in water or milk to obtain a drink with a flavour like that of grapefruit, pear or vanilla. The pulp is used industrially and domestically as a thickener to prepare beverages, smoothies, juices, jams, and ice-cream. The pulp is also used as seasoning in traditional dishes. Baobab fruits are rich in carbohydrates, Vitamin C, calcium, magnesium, phosphorus potassium and dietary fibre.

Baobab seeds can be consumed fresh or ground into flour to be used as a thickener in soup or stew preparations. The seeds may also be roasted and consumed as a snack, or ground to a paste to be used as a flavoring agent. Further, baobab seeds may be boiled, fermented and dried, and used as a flavoring agent.

Baobab leaves are generally gathered in the rainy season and dried to be used later. Green leaves are cooked and used as food (like spinach).

Baobab flowers are edible and consumed as food. The flowers are rich in protein.

Baobab oil is obtained from baobab seeds, and is very useful. In several parts of Africa, baobab oil is processed into oil meal and employed as feedstuff. Baobab oil has been reported to offer several health benefits; it contains vitamin E, moisturizes the skin and supports a healthy skin moisture barrier. Baobab oil is rich in antioxidants, and its application on the skin is said to preserve collagen and keep the skin healthy. Baobab oil can also be used as hair conditioner. The applications of baobab oil in the cosmetics sector is expected to stimulate the market. The use of packaged baobab oil for cosmetic purposes has expanded to Asia as well.

Key Findings of the Report:

  • The market for baobab ingredients is expected to grow owing to consumers’ growing preference for healthy food alternatives and the nutritional and health benefits baobab offers.
  • Consumer awareness towards baobab and its benefits is slowly increasing. Marketing efforts by companies are likely to enhance awareness levels, which in turn are likely to stimulate the market.
  • North America, Europe and Africa are expected to be key markets. However, Asia is also expected to be a growing market.

Market Analysis by Type, Application, Source and Region:

  • By type, the market is segmented into Powder, Pulp and Oil.
  • By application, the market is classified into Food and Beverages, Nutraceuticals, Cosmetics, and Others.
  • By source, the market is divided into Organic and Conventional.
  • By region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.

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