Moringa Ingredients Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2026

Category: Chemical & Materials Report Format : PDF Report Code: ZMR-5705 Status : Upcoming

Description

Global Moringa Ingredients Market: Overview

Moringa is a plant from the Moringacea family that is commonly known as the drumstick tree or horseradish tree. Usually, medicines are made by using plant’s fruit, leaves, flowers, roots, seeds, and bark. They are also used to prepare leaf powder, moringa oil, moringa seed capsules, and moringa tea. It is widely used for centuries owing to its health benefits and medicinal properties. Moringa possesses anti-depressant, antifungal, anti-inflammatory, and antiviral properties. In addition to this, it also consists of minerals, proteins, and vitamins.

Global Moringa Ingredients Market: Growth Factors

The global moringa ingredients market is growing at a lucrative rate. Factors such as a rise in significant demand for dietary supplements in the geriatric population, an increase in the number of people opting for nutritious food, growing focus of people towards self-care are some of the factors that are propelling the growth of the market. Moringa can be used to treat edema, protect the liver, protect & nourish skin & hair, fight against bacterial disease, make bones healthier, protect against kidney disorder, treat diabetes, and reduce high blood pressure. Moringa is also used as an important food source and the oil extracted from its seeds is used in hair care products, perfume, and foods. Owing to all such benefits of Moringa it is widely used in the cosmetic and healthcare sector thereby contributing to the growth of the global market. Moreover, a rise in disposable income, growing demand due to its high nutritional values, and a rise in consumer's shift towards plant-based products are also the factors that are fostering the growth of the market. Furthermore, moringa oil emerging as a promising replacement for conventional biodiesel may lead to huge opportunities for the growth of the global moringa ingredients market during the forecast period. However, the availability of other plant-based products and stringent rules of government may hinder the growth of the global moringa ingredients market.

During the Covid-19 pandemic, the global moringa ingredients market experienced a slow growth rate. The outbreak enforced most of the governments to impose strict lockdowns and restrictions on movement and trade. This hampered the production of products as several industries including cosmetics were required to close down their production units. The disruption in the supply chain also caused the scarcity of raw materials which also contributed to the decline in the production of finished products. During the pandemic, the demand also decreased due to a change in consumer behavior and their limitation on purchasing power. All these factors ultimately hindered the growth of the market during the first and second quarters of the year 2020. However, with ease in the restriction on personnel movement and uplifting of lockdown, the global moringa ingredients market may experience a healthy growth rate due to its nutritional value in the upcoming years.

Global Moringa Ingredients Market: Segmentation

The global moringa ingredients market is categorized by application, product, distribution channel, and region. Based on the application, the global moringa ingredients market is bifurcated by the personal care industry, food industry, dietary supplement, pharmaceutical industry, cosmetic industry, water purification, and others. The product segment is divided into moringa oil, moringa fruits/pod, moringa seed, leaf powder, and moringa tea. Based on the distribution channel, the global market is classified into the supermarket, specialty stores, online, and retail stores.

Global Moringa Ingredients Market: Regional Analysis

North America holds the maximum share in the global moringa ingredients market and is expected to continue its dominance during the forecast period. The rise in demand for plant-based cosmetics & other products, increase in demand for food supplements from health-conscious consumers, and rise in consumption of dietary supplements among boomers are the primary aspects contributing to the growth of the market in this region. The market in Europe is also predicted to contribute a significant share to the growth of the market due to the rise in demand for moringa products such as moringa tea and moringa leaf for weight management. However, Asia Pacific region is projected to grow at a faster rate during the forecast period due to the rising focus of the population towards self-care, health & wellness, and the rise in disposable income with changing lifestyle.

Global Moringa Ingredients Market: Competitive Players

Saipro Biotech Private Limited, Ancient Greenfields Pvt Ltd, Earth Expo Company, Organic India Pvt Ltd., Kuli Kuli, Inc., Herbs & Crops Overseas, Himalaya Global Holdings Ltd., Genius Nature Herbs Private Limited, Green Era Foods & Nutraceutics, and Maiam Group Companies are some of the key players in the global moringa ingredients market.

Global Moringa Ingredients Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Table Of Content


Frequently Asked Questions

The global moringa ingredients market is growing at a lucrative rate. Factors such as a rise in significant demand for dietary supplements in the geriatric population, an increase in the number of people opting for nutritious food, growing focus of people towards self-care are some of the factors that are propelling the growth of the market. Furthermore, moringa oil emerging as a promising replacement for conventional biodiesel may lead to huge opportunities for the growth of the global moringa ingredients market during the forecast period.

Saipro Biotech Private Limited, Ancient Greenfields Pvt Ltd, Earth Expo Company, Organic India Pvt Ltd., Kuli Kuli, Inc., Herbs & Crops Overseas, Himalaya Global Holdings Ltd., Genius Nature Herbs Private Limited, Green Era Foods & Nutraceutics, and Maiam Group Companies are some of the key players in the global moringa ingredients market.

North America holds the maximum share in the global moringa ingredients market and is expected to continue its dominance during the forecast period. The rise in demand for plant-based cosmetics & other products, increase in demand for food supplements from health-conscious consumers, and rise in consumption of dietary supplements among boomers are the primary aspects contributing to the growth of the market in this region.

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