The global Moringa Products Market size is expected to reach USD 6.70 billion by 2030, according to a new study by Polaris Market Research. The report “Moringa Products Market Share, Size, Trends, Industry Analysis Report, By Source (Leaves, Seeds, Roots); By Origin (Organic, Conventional); By Application; By Region; Segment Forecast, 2022 – 2030” gives a detailed insight into current market dynamics and provides analysis on future market growth.
With its antiviral, anti-inflammatory, anti-fungal, and anti-depressant characteristics, Moringa oleifera, often known as the drumstick tree, is used to create a variety of products with medical benefits. The tree is primarily grown in tropical and subtropical regions and is endemic to parts of India, Bangladesh, Afghanistan, and Pakistan.
The bark, fruit, root, leaves, flowers, and seeds of the moringa tree are among the materials used to manufacture medicine and other items having therapeutic and health-improving characteristics. It is a mineral- and vitamin-rich tree that grows quickly and can withstand drought.
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The growing popularity of health supplements will be a major development factor for the global moringa industry. The rising demand for moringa capsules, which are convenient to take and have benefits for issues with the skin and hair, is responsible for the industry’s high sales growth.
With the introduction of its wide range of products, including snack bars, soups, nutritious shakes, morning cereals, and smoothies, moringa is also gaining popularity as a superfood on a global scale and generating significant revenue. During the projection period, the growing demand for moringa will also accelerate industry expansion internationally.
It contains a protein required for deficiency and tissue growth. In addition, when compared to soybean, these products contain a higher concentration of amino acids and crude protein. Furthermore, by consuming powdered leaves, lactating mothers and pregnant women with vitamin A and E deficiencies can improve their children’s nutrition.
Moringa leaf is in high demand as a substitute food source, primarily to combat infant and child malnutrition. The use of moringa ingredients for food fortification is increasing all over the world, including Africa. People are becoming more aware of the nutritional benefits of the products and incorporating it into their daily diet. As a result, all of these factors are expected to drive the moringa ingredients industry during the forecast period.
Moringa Products Market Report Highlights
- The leaves category dominated the market in 2021. Due to their abundance in minerals, vitamins, and other crucial phytochemicals including tannins, sterols, terpenoids, flavonoids, saponins, anthraquinones, and alkaloids, the leaves are widely used in a variety of end uses.
- Organic, which now dominates the market, is predicted to expand at the fastest rate. The health benefits of organic moringa, which is cultivated using non-GMO farming methods, promote its growth and demand in a range of commercial applications. The primary elements encouraging the fastest growth of organically farmed moringa are typically mentioned as well. These include organically created mature leaves, mature blooms, and organically formed roots.
- The food & beverage industry is expected to account for a significant share. The area contains ready-to-eat moringa goods, which make up the majority of the market share, as well as ready-to-cook moringa products lines such moringa powder and moringa tea. The growing demand for functional food among urban populations worldwide supports the greatest revenue share of the food and beverage industry.
- Asia Pacific, which led the market, had the largest revenue share in 2021. India is the major country farming and selling moringa on the worldwide market because to its great growth circumstances.
- The global market is highly competitive owing to the existence of large industry players with global presence including Ancient GreenFields, Moringa Agro, Aayuritz Phytonutrients Pvt.Ltd, Santan India, Green Virgin Products, Kuli Kuli, Sattva Veda, Moringa Oleifera GmbH, and Organic Veda.
Polaris Market Research has segmented the Moringa Products Market report based on source, origin, application, and region:
Moringa Products, Source Outlook (Revenue – USD Billion, 2022 – 2030)
- Leaves
- Seed
- Roots
Moringa Products, Origin Outlook (Revenue – USD Billion, 2022 – 2030)
- Organic
- Conventional
Moringa Products, Application Outlook (Revenue – USD Billion, 2022 – 2030)
- Food & Beverages
- Pharmaceuticals
Moringa Products, Regional Outlook (Revenue – USD Billion, 2022 – 2030)
- North America
- U.S
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Latin America
- Argentina
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa