The global Moringa Ingredients market size is expected to be worth around US$ 20.3 billion by 2030, according to a new report by Vision Research Reports.
The global Moringa Ingredients market size was valued at US$ 7.9 billion in 2020 and is anticipated to grow at a CAGR of 10.5% during forecast period 2021 to 2030.
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Moringa Ingredients Market (By Source: Leaves, Seed, Roots, Flowers; By Origin: Organic, Conventional; By Application: Food & Beverages, Pharmaceuticals, Cosmetics & Personal Care) – Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook 2021 – 2030
Report Coverage
| Report Scope | Details |
| Market Size | US$ 20.3 Billion by 2030 |
| Growth Rate | CAGR of 10.5% From 2021 to 2030 |
| Base Year | 2021 |
| Forecast Period | 2021 to 2030 |
| Segments Covered | Source, Origin, Application |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
| Companies Mentioned | Organic India Pvt. Ltd.; Earth Expo Company; KuliKuli, Inc.; Ancient Greenfields Pvt. Ltd; Grenera Nutrients Pvt.; Botanica Natural Products; Aayuritz Phytonutrients Pvt. Ltd.; Herbs & Crops Overseas; Moringa Initiative Ltd.; Green Virgin Products LLC; Dominate Industries (India) |
Growth Factors
The exceptional nutritional properties of the moringa tree for its ingredients like bark, seeds, pods, flowers, leaves, and others are driving its growth in the global market. Nutrients like protein, carbohydrate, calcium, phosphorus, potassium, iron, vitamins, beta carotene, and other bioactive compounds are presently making it popular among health-conscious consumers. The moringa ingredients are also having potential pharmaceutical usage due to their antimicrobial, anticancer, antiulcer, and antioxidant properties.
The moringa ingredients cultivation in the Indian market is estimated to exhibit potential growth over the forecast period from 2020 to 2030. The continuously advancing agricultural practices by farmers of the country due to expanding automotive reach and learnings in the agricultural sector is supporting the market growth. The farmers are upgrading their traditional practices of cultivation with advanced practices which are helping them in increasing their income value.
By Source Analysis
The leaves segment dominated the market and accounted for the maximum revenue share of 45.2% in the base year 2020.The leaves are having wide usage across the end-use sectors because these are rich in minerals, vitamins, and other essential phytochemicals such as tannins, sterols, terpenoids, flavonoids, saponins, anthraquinones, and alkaloids.
It features moringa plant natural extractions as the main ingredients and has discarded the use of synthetic ingredients in its products. The newly launched products contain a variety of oils inclusive of skin, hair, body, and face oil.
The seeds segment accounted for a revenue share of about 34.0% in 2020. These seeds are basically derived from the pods/fruits of the moringa tree. The moringa seeds have nutritive properties like it contain oleic acid (Ben oil), antibiotics called pterygospermin, and fatty acids like linoleic acid, linolenic acid, behenic acid, phytochemicals like tannins, saponins, phenolics, phytate, flavonoids, terpenoids, and lectins.
Moringa seeds also have medicinal properties as it helps in the treatment of hyperthyroidism, Crohn’s disease, antiherpes-simplex virus arthritis, rheumatism, gout, cramp, epilepsy, and sexually transmitted diseases.
Moringa seeds contain an edible oil which is commercially known as “Ben oil” or “Behen oil.” This oil is used in salad dressing & cooking and can be used as a replacement for olive oil.
By Origin Analysis
The organic segment dominated the market and is projected to exhibit the fastest CAGR of 10.6% from 2020 to 2028. The health benefits associated with the organically cultivated moringa since they are grown with non-GMO farming practices thus supporting its growth and demand across the market applications.
The organic origin ingredients are safer for human consumption as compared to their conventional counterparts. The natural and organic origin ingredients are also environment-friendly because they don’t contribute to severe environmental pollution.
The farmers also use organic fertilizers to improve agricultural productivity by analyzing the end-use market trends. The rising awareness about the health benefits associated with the consumption of organic food products especially among the health freak population is further bolstering the segmental market value.
By Application Analysis
The food and beverages segment is accounted for the maximum revenue share of 53.4% in 2020. The segment is inclusive of ready-to-cook product ranges such as moringa powder, &moringa tea, and ready-to-eat like moringa chocolates, cakes, juices, and lattes are contributing to the maximum share in the market.
The nutritional properties of the moringa ingredients including pods/seeds, leaves, flowers, barks, honey, and roots are supporting its growth in the food and beverages sector.
The startups are practicing their innovative ideas in the evolving markets to gain profits. The young entrepreneurs are investing in the field and are earning handsome profits in their respective businesses.
By Regional Analysis
Asia Pacific dominated the market and accounted for the largest revenue share of 45.8% in 2020. India is the major country cultivating and supplying moringa in the global market due to its favorable weather condition for moringa farming.
Rapid urbanization in developing countries like India and China is driving demand for functional food. The growing awareness among the urban population about the health benefits associated with the moringa ingredients is contributing to the revenue share and continuous development.
Asia Pacific is also anticipated to exhibit the fastest growth during the forecast period from 2020 to 2030. The market is gaining growth owing to the continuously growing demand across the developing economies of the region due to the increasing purchasing power of the people.
Middle East & Africa follows the Asia Pacific and accounted for more than 17.9% of the revenue share in 2020. This is due to the presence of moringa-producing countries like Ethiopia, Sudan, Northern Kenya, Somalia, Ghana, Mozambique, Zambia, Nigeria, Rwanda, Niger, Cambodia, and Haiti.
Key Players
- Organic India Pvt. Ltd.
- Earth Expo Company
- KuliKuli, Inc.
- Ancient Greenfields Pvt. Ltd
- Grenera Nutrients Pvt.
- Botanica Natural Products
- Aayuritz Phytonutrients Pvt. Ltd.
- Herbs & Crops Overseas
- MoringaInitiative Ltd.
- Green Virgin Products LLC
- Dominate Industries
Market Segmentation
- By Source
- Leaves
- Seed
- Roots
- Flowers
- Others
- By Origin
- Organic
- Conventional
- By Application
- Food & Beverages
- Pharmaceuticals
- Cosmetics & Personal Care
- Others
- Regional
- North America
- U.S.
- Canada
- Mexico
- Europe
- U.K.
- Germany
- France
- Italy
- Spain
- Asia Pacific
- China
- Japan
- India
- Australia
- Central & South America (CSA)
- Brazil
- Argentina
- Middle East & Africa (MEA)
- UAE
- Saudi Arabia
- North America
The study objectives of this report are:
- To analyze and study the global market capacity, production, value, consumption, status (2017-2020) and forecast (2021-2030);
- Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
- To define, describe and forecast the market by type, application and region.
- To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
- To identify significant trends and factors driving or inhibiting the market growth.
- To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
- To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
- To strategically profile the key players and comprehensively analyze their growth strategies.
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