Market Research Future (Food and Beverages) Baobab Market Research Report | Page 4

Baobab Market Research Report- Forecast till 2023
3 Pages
Segments
Baobab market is segmented on the basis of species such as Adansonia Digitata, Kilima, Grandidieri,
Madagascariensis, and others. Among all, Digitata is the most commonly available source for baobab, which grows
in various parts of Africa and the Middle East including Yemen, Oman, and Ghana.
On the basis of the form, the baobab market is segmented into oil, powder, fruit pulp, and others. Among all, the
baobab oil is dominating the market and is expected to grow at the fastest rate over the forecast period. Moreover,
the baobab powder is the second largest segment of the baobab market.
Based on the application, the market is segmented into a functional food, beverages, sauces & seasonings,
nutraceuticals, cosmetics, and others. The cosmetics segment is dominating the market based on the high
application of the baobab oil as a skin and hair moisturizer. However, functional foods segment is projected to grow
substantially over the forecasted period based on increasing awareness towards the nutritional value associated
with baobab.
Intended Audience
Bakery industry
Dairy industry
Sauces and seasoning manufacturers
Supplements industry
Beverage industry
Cosmetic industry
Traders, importers, and exporters
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