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.
|Market Size||US$ 20.3 Billion by 2030|
|Growth Rate||CAGR of 10.5% From 2021 to 2030
|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)|
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.
Organic India Pvt. Ltd.
Earth Expo Company
Ancient Greenfields Pvt. Ltd
Grenera Nutrients Pvt.
Botanica Natural Products
Aayuritz Phytonutrients Pvt. Ltd.
Herbs & Crops Overseas
Green Virgin Products LLC
Food & Beverages
Cosmetics & Personal Care
Central & South America (CSA)
Middle East & Africa (MEA)
The Moringa Ingredients market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.
The report provides size (in terms of volume and value) of Moringa Ingredients market for the base year 2020 and the forecast between 2021 and 2030. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.
This report focuses on the global Moringa Ingredients market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Moringa Ingredients market development in United States, Europe and China.
It is pertinent to consider that in a volatile global economy, we haven’t just conducted Moringa Ingredients market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.
In terms of production side, this report researches the Moringa Ingredients capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.
In terms of consumption side, this report focuses on the consumption of Moringa Ingredients by regions (countries) and application.
Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Moringa Ingredients market. These figures have been provided in terms of both revenue and volume for the period 2017 to 2030. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.
With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Moringa Ingredients market companies.
Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Moringa Ingredients market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.
The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.
Overall, this is an in-depth research report specifically for the Moringa Ingredients industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.
Moringa Ingredients market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Moringa Ingredients market.
Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Moringa Ingredients market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.
Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Moringa Ingredients market. These factors have benefited the growth of the global market for Moringa Ingredients. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.
New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Moringa Ingredients. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).
In this study, the years considered to estimate the market size of Moringa Ingredients are as follows:
Reasons to Purchase this Report:
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
The study objectives of this report are: