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moringa ingredients market

Moringa Ingredients Market Share, Size, Trends, Industry Analysis Report, By Source (Leaves, Seed, Oil, Others); By Application (Food & Beverages, Cosmetics & Personal Care, Pharmaceuticals, Others); By Regions; Segment Forecast, 2021 - 2028

  • Published Date: May 2021
  • Pages: 128
  • Format: PDF
  • Report ID: PM1889
  • Base Year: 2020
  • Historical Data: 2016 - 2019

Report Summary

The global moringa ingredients market was valued at USD 74.1 million in 2020 and is expected to grow at a CAGR of 8.9% during the forecast period. Growing moringa ingredients demand for food supplements, growing people’s awareness regarding proper nutrition and a balanced diet, gradually increasing geriatric population, and ever-rising disposable income.

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Moringa powder is considered a highly nutritious food supplement and consists of calcium, zinc, vitamin A, folate, iron, and vitamin B1 and is minimal content for harmful cholesterol and fats. Moringa powder is gaining importance in emerging countries, owing to its low price and comparative high nutritional value.

Moringa, popularly known as drumsticks has is considered to have high medicinal and nutritional value. The product is rich in micro and macronutrients such as carbohydrates, phosphorus, iron, vitamins, beta carotene, potassium, protein, and other bioactive compounds, which are supposed to have a substantial role in preventing certain diseases and proper functioning of the body.

Moringa Ingredients Market Report Scope

The market is primarily segmented on the basis of source, by application, and geographic region.

By Source

By Application

By Region

  • Leaves
  • Seed
  • Oil
  • Others
  • Food & Beverages
  • Cosmetics & Personal Care
  • Pharmaceuticals
  • Others
  • North America (U.S., Canada)
  • Europe (France, Germany, UK, Italy, Spain, Netherlands, Austria)
  • Asia Pacific (Japan, China, India, Malaysia, Indonesia, South Korea)
  • Latin America (Brazil, Mexico, Argentina)
  • Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

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Insight by Source

Moringa leaf market segment accounted for the largest revenue share in 2020. Such a high share is due to an increase in dietary supplements, and an increase in consumption of leaves and other ingredients for healing arthritis, fever, and other health ailments.

The rising market demand for herbal supplements in the food industry is also expected to sustain market growth for moringa ingredients. The increasing prevalence of glutamic disorder in developed nations is also expected to enhance the market demand for plant-derived supplements using moringa ingredients.

Moringa leaves help in treating several other disorders such as asthma, dyslipidemia, pneumonia, malaria, scurvy, eye and ear infections, heartburns, flu, diarrhea, and bronchitis. It also aids in reducing cholesterol and high blood pressure and acts as an anti-diabetic, anti-atherosclerotic, anti-microbial, antioxidant, and anticancer.

The moringa oil market segment is projected to register the highest growth rate over the moringa ingredients study period. This is primarily due to growing demand in the cosmetic industry, owing to its functional properties such as moisturization, and oxidation stability to promote market growth for the ingredients.

Over the past few years, there has been an increasing market demand for moringa ingredients such as seeds, due to their nutritional and medicinal properties. It aids in treating Chrohn’s disease, epilepsy, cramp, gout, hyperthyroidism, and sexually transmitted diseases.

Insight by Application

In 2020, the cosmetics market segment accounted for the largest share in moringa ingredients industry. This is primarily due to the benefits offered by it, such as the use of the product as a collagen booster, helping in reducing fine lines, wrinkles, and sagging skins.

The pharmaceutical segment is expected to account for substantial market share of the moringa ingredients industry due to its high nutritional and medicinal value, and its importance is being realized in Unani and Ayurvedic traditions. Each part of the plant, including seed oil, leaf, gum, root, bark has been used for centuries across the globe. It also possesses several pharma properties and is being utilized for treating several diseases.

The food & beverage segment is projected to account for the second-largest market revenue share of moringa ingredients industry. This is primarily due to the rise in market demand from health, nutrition, and a balanced diet with few more functional ingredients from plant source Moringa Oliefera.

Most scientists and nutritionists across the globe are in support of the cultivation, consumption, and incorporation of Moringa Oliefera. The product is nutritionally rich in micro and macronutrients and gaining popularity in food supplements. There has been a rising market demand for moringa leaves and other ingredients as a product substitute to fight malnutrition among newborns. The use of the product for food fortification is growing across the globe.

Geographic Overview

In 2020, the North America moringa ingredients market accounted for more than 20% of the global moringa ingredients market. The factors contributing to the region’s ingredients market growth include rising consumer’s inclination towards plant-based products, utilization over varied verticals such as cosmetics, food supplements, and other nutraceutical products.

Moreover, increasing concerns over fitness and health are also helping in the region’s expansion. However, the product is gaining importance in Europe and rising applications in organic food supplements. The moringa ingredients demand in the region is majorly attributed to its growing consumption, with India being the dominant supplier.

Competitive Insight

The prominent players operating in the moringa ingredients market include Herbs & Crops Overseas, Earth Expo Company, Kuli, Inc., Grenera.Com, Saipro Biotech Private Limited, Ancient Greenfields Pvt Ltd, and Organic India Pvt Ltd.

Key Take-Away
Polaris Market Research
Moringa Ingredients Market Size | Industry Share Report, 2021-2028