Global Moringa Products Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
Moringa, native to parts of Africa and Asia, is the sole genus in the flowering plant family Moringaceae. The name is derived from murungai, the Tamil word for drumstick. It contains 13 species from tropical and subtropical climates that range in size from tiny herbs to massive trees.
It grows crazy fast in tough climate conditions. It produces “drumstick” pods, seeds that can be eaten like peas or pressed into oil, and small, round leaves can be eaten fresh or dried and powdered. Most people in the U.S. ingest the leaves as a powder added to smoothies.
The most widely cultivated species is Moringa oleifera, a multipurpose tree native to the foothills of the Himalayas in northwestern India and cultivated throughout the tropics. M. stenopetala, an African species, is also widely grown, but to a much lesser extent than M. oleifera.
Market Overview:
The latest research study on the global Moringa Products market finds that the global Moringa Products market reached a value of USD 143.81 million in 2022. It’s expected that the market will achieve USD 233.44 million by 2028, exhibiting a CAGR of 8.41% during the forecast period.
Limitations
Considering to the side effects, the promulgation of relevant laws and regulations will affect the development of the industry to a certain extent.
Besides, the improvement of health awareness of people will also let them pay attention to the composition and nutritional value of the food.
Climate limitations, many places are not suitable for Moringa planting.
Opportunities
Market opportunities existed in the industry integration and regional migration process, in addition, growing market in emerging countries, the development of consumer groups,technological innovation, product upgrading are also bring new opportunities for this market.
In developed countries, consumers have good innovation gene and consumer habit to promote Moringa Products industry.
Region Overview:
From 2022-2027, India is estimated to witness robust growth prospects.
Company Overview:
Ancient Greenfields is one of the major players operating in the Moringa Products market, holding a share of 10.42% in 2022.
Ancient Greenfields
Ancient Greenfields company based from southern part of India which is the homeland of moringa oleifera for centuries.
Dawnmoringa
Products include moringa leaf powder, oil, seeds, capsules, tea blends, leaves, seed cake, fruit powder, seed kernel powder and personal care products. We can supply superior variety moringa oleifera seeds for cultivation throughout the year.
Segmentation Overview:
Among different product types, Tea and pods segment is anticipated to contribute the largest market share in 2027.
Application Overview:
By application, the Food industry segment occupied the biggest share from 2017 to 2022.
Key Companies in the global Moringa Products market covered in Chapter 3:
Moringa Connect
Genius Nature Herbs
Green Earth Products Pvt. Ltd
Kuli
Dawnmoringa
Santan International
Grenera
Himalaya Healthcare
Earth Expo Company
Jaw Der Develop
Bioprex Labs
Novel Nutrients
The MitoMasa
Ancient Greenfields
In Chapter 4 and Chapter 14.2, on the basis of types, the Moringa Products market from 2018 to 2029 is primarily split into:
Moringa Seeds
Moringa Oil
Moringa Leaves and Leaf Powder
Moringa Fruits
Tea and Pods
Other Extract
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Moringa Products market from 2018 to 2029 covers:
Food Industry
Cosmetic & Personal Care Industry
Pharmaceutical Industry
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:
North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)
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