Europe Moringa Ingredients Market Overview and Growth by 2028
Historic Data: 2019-2020 | Base Year: 2021 | Forecast Period: 2022-2028Europe Moringa Ingredients Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Leaves and Leaf Powder, Seeds, Oil, and Others), Category (Organic, and Conventional), and Application (Food and Beverages, Personal Care, Pharmaceutical and Nutraceutical, and Others)
- Report Date : Sep 2021
- Report Code : TIPRE00024711
- Category : Food and Beverages
- Status : Published
- Available Report Formats :
- No. of Pages : 121
The Europe moringa ingredients market is expected to grow from US$ 1,009.60 million in 2021 to US$ 1,651.42 million by 2028; it is estimated to grow at a CAGR of 7.3% from 2021 to 2028.
Moringa plant often called as drumstick tree has numerous health benefits. Moringa ingredients such as leaf powder, moringa oil, and moringa seeds are extensively used across various industries such as food & beverages, pharmaceutical & nutraceutical, and personal care industries owing to its antifungal, antidepressant, and anti-inflammatory properties. Moreover, moringa contains various nutrients such as vitamin A, vitamin B2, vitamin B3, calcium, potassium, iron, magnesium, zinc, ascorbic acids, and others. Moringa ingredients protect and nourish skin and hair, it helps to treat edema, it protects the liver, and help in treating certain cancers. It also aids digestion process and help in treating stomachache. Moringa powder is known as a highly nutritious food. It comprises nutrients such as vitamin B1, folate, vitamin A, calcium, potassium, zinc, and iron. The product does not contain cholesterol, and the fats content is very low. Moringa is usually a part of Indian cuisine. However, the popularity of moringa ingredients is increasing due to its nutritional profile and health benefits offered by the same. Also, consumers are getting aware of these products, which is further propelling the market growth. The growing demand for superfood and food supplements is further expected to boost the need for moringa ingredients.
In Europe, Russia reported a huge number of COVID-19 cases, which led to the discontinuation of several business operations, including moringa ingredients production activities. The downfall of other food & beverages producing sectors has negatively impacted the demand for moringa ingredients during the early months of 2020. Most governments were forced to impose stringent lockdowns and limitations on movement and trade due to the outbreak. This impeded product production since various businesses, including cosmetics, were forced to close down production units. The disturbance in the supply chain also resulted in a scarcity of raw materials, which contributed to a drop in finished product output. However, the relaxation of restrictions on personnel movement and the removal of lockdown have led to the reopening of the moringa ingredients production projects, thereby raising the demand for moringa ingredients. A similar trend was witnessed in many European countries, such as France, the UK, Spain, Italy, and Germany. With the economic activities regaining their pace, the moringa ingredients market in the region is likely to make up for this loss in 2021.
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Europe Moringa Ingredients Market Segmentation
Europe Moringa Ingredients Market – By Type
- Leaves and Leaf Powder
- Oil
- Seeds
- Others
Europe Moringa Ingredients Market – By Category
- Organic
- Conventional
Europe Moringa Ingredients Market – By Application
- Food and Beverages
- Personal Care
- Pharmaceuticals and Nutraceuticals
- Others
Europe Moringa Ingredients Market – By Country
- Germany
- France
- Italy
- UK
- Russia
- Rest of Europe
Europe Moringa Ingredients Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 1,009.60 Million |
| Market Size by 2028 | US$ 1,651.42 Million |
| Global CAGR (2021 - 2028) | 7.3% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Type
|
| Regions and Countries Covered | Europe
|
| Market leaders and key company profiles |
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
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