Moringa Products Market Size, Growth and Forecast to 2027 | The Insight Partners

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Moringa Products Market to 2027 - Global Analysis and Forecasts by Product (Leaf Powder, Tea, Oil, Seeds, Others); Application (Dietary Supplements, Pharmaceuticals, Cosmetics, Others)

Publication Month: Nov 2019 | Report Code: TIPRE00007526 | No. of Pages: No. of Pages139 | Category: Food and Beverages | Status: Published

Moringa products market accounted for US$ 4,506.6 Mn in 2018 and is expected to grow at a CAGR of 8.5% during the forecast period 2019 - 2027, to account for US$ 9,290.1 Mn by 2027.

Asia Pacific accounted for the largest share of the global moringa products market. With the growth in the consumption of dietary supplements, pharmaceuticals, and cosmetics, the demand for moringa products has substantially gone up in India, China, and Japan, which is boosting the overall sales of these products in the Asia Pacific region. Also, increasing consumer’s awareness of the uses and benefits of moringa products is also propelling the growth of the market in the region. Also, manufacturers are investing in research and development activities to diversify the use of moringa products. This has also surged the growth of moringa products market in the Asia Pacific region.  

Global Moringa Products Markets

 

Global Moringa Products Markets

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Market Insights

Health benefits associated with moringa provides an opportunity for the moringa products market growth

Almost all parts of the moringa tree, including leaves, roots, and fruits, are eaten or used as ingredients in traditional herbal medicines. The leaves and pods are commonly eaten in parts of Africa and India. In Western countries, the dried leaves are usually sold as dietary supplements, either in capsule or powdered form. Compared to the leaves, the pods have lower mineral and vitamin content; however, they are rich in vitamin C. The diet of people in the developing nations usually lacks vitamins, minerals, and protein. Moringa products serve to be a vital source of many essential nutrients and antioxidants. Antioxidants are the compounds acting against free radicals in the body. Higher levels of free radicals can lead to oxidative stress, which can be associated with chronic diseases such as heart diseases and type 2 diabetes. Over the past few years, consumers have become more aware of the advantages of moringa products, which is likely to boost the moringa products market.

Increasing applications of moringa in cosmetics industry is expected to boost the growth of moringa products market globally

Moringa is best known among the 13 species of the genus moringaceae family. The Romans, Egyptians, and Greeks have extracted edible oil from the seeds, which is used in skin lotions and perfumes. The ancient Egyptians used the oil extracted from moringa as a potent cure for skin disorders. Moringa oil is rich in essential fatty acids, which make it an ideal moisturizing agent as well as healing and soothing emollient for dry, rough skin; it thus can also be used in therapeutic massages. Perfume manufacturers approve the oil for its high power of absorbing and retaining even the most fugitive odors and for its stability. The fatty acid composition of moringa oil is considered to be similar to that of olive oil. It is light and quickly spreads on the skin that makes it suitable in massage as well as in aromatherapy, wherein it is used as a carrier oil. Moringa oil is utilized in lotions, creams, balms, scrubs, body oils, and hair care formulations. Therefore, the tradition of using moringa for cosmetic application propel the growth of the global moringa products market.

Product Insights

Based on product type, the global moringa products market has been segmented into leaf powder, tea, oil, seeds, others. Under the product segment, the moringa leaf powder accounted for the largest share in the global moringa products market. Moringa leaf powder helps to make useful medicines and helps to cure a wide variety of skin problems. The leaf extracts are also used to treat some stomach disorders, including gastritis, constipation, and ulcerative colitis. Moreover, the antibiotic and antibacterial properties displayed by moringa leaf powder is also used to restrict the growth of various pathogens. These factors are leading to high demand for the moringa products market globally.

Application Insights

The global moringa products market by application has been segmented into dietary supplements, pharmaceuticals, cosmetics, and others. The dietary supplements application accounted for the largest share in the global moringa products market. Moringa is known to possess more vitamin C than oranges, more potassium than bananas, more vitamin A than carrots, and more iron than spinach. Moringa is high in anti-inflammatory and antioxidants compounds that can help prevent disease, treat cancers, and protect the brain. Moringa vaunts a powerhouse of free-radical-fighting, healing, and anti-inflammatory compounds that benefit the head, heart, skin, and more. With antidepressant, antifungal, antiviral, and anti-inflammatory properties, it has been used for centuries to treat digestive and heart conditions, to name a few. Moringa is high in protein and contains nine essential amino acids. These factors are boosting the demand for the moringa products market in the dietary supplement application.

Rest of Middle East and Africa Moringa Products Market by Application

Rest of Middle East and Africa Moringa Products Market

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Strategic Insights

Report Coverage - Moringa Products Market
Report CoverageDetails
Market Size Value inUS$ 4,506.6 Million in 2018
Market Size Value byUS$ 9,290.1 Million by 2027
Growth rateCAGR of 8.5% from 2019-2027
Forecast Period2019-2027
Base Year2019
No. of Pages139
No. of Tables56
No. of Charts & Figures68
Historical data availableYes
Segments coveredProduct ; Application
Regional scopeNorth America; Europe; Asia Pacific; Latin America; MEA
Country scopeUS, UK, Canada, Germany, France, Italy, Australia, Russia, China, Japan, South Korea, Saudi Arabia, Brazil, Argentina
Report coverageRevenue forecast, company ranking, competitive landscape, growth factors, and trends
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Strategy and business planning and product launch are some market initiatives which have been undertaken by the companies operating in the moringa products market. These strategies have helped the companies to grow their business. Few of the recent developments in the global moringa products market are listed below:
2019:Kuli Kuli Inc. closes $5m series B with Griffith Foods and Kellogg to make moringa a household ingredient. Kuli Kuli is also proud to receive investment from women-focused groups including Portfolia, Astia Angels, Next Wave Impact and individuals from Golden Seeds. The investment will help Kuli Kuli launch their new moringa ingredient business while continuing to scale their moringa powder, bars, and shots business.
2019:Kuli Kuli Inc. has launched Moringa products such as moringa powder, bars, smoothie mixes, shots, and teas into 2,500 Walmarts across the world. Moringa products of Kuli Kuli Inc. are now available in Walmarts in the UK, US, UAE, China, and many more countries. This strategic move is helpinth the company to generate revenue and to increase the customer base.
2017:After successfully clearing, ploughing and grading the soil, MoSagri have sowed the first areas with Moringa seeds. In total, it expected to seed this campaign some 250 hectares, bringing the total area under cultivation to 375 hectares.

GLOBAL MORINGA PRODUCTS MARKET SEGMENTATION

By Product

  • Leaf Powder
  • Tea
  • Oil
  • Seeds
  • Others


By Application

  • Dietary Supplements
  • Pharmaceuticals
  • Cosmetics
  • Others

By Geography

  • North America

    • U.S.
    • Canada
    • Mexico
  • Europe

    • Germany
    • Russia
    • Italy
    • UK
    • Russia
    • Rest of Europe
  • Asia Pacific

    • Australia
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Middle East and Africa

    • South Africa
    • South Arabia
    • UAE
    • Rest of Middle East and Africa
  • South America

    • Argentina
    • Rest of South America

Company Profiles

  • Aayuritz Phytonutrients Pvt. Ltd
  • Botanica Natural Products
  • Kuli Kuli, Inc.
  • Moringa Malawi
  • Mosagri Lda
  • Organic India Pvt. Ltd
  • Ancient Greenfields Pvt. Ltd
  • Earth Expo Company
  • Green Virgin Products LLC.
  • Moringa Initiative Ltd

The List of Companies in Moringa Products

  • Aayuritz Phytonutrients Pvt. Ltd.
  • Botanica Natural Products
  • Kuli Kuli, Inc.
  • Moringa Malawi
  • Mosagri Lda
  • Organic India Pvt. Ltd.
  • Ancient Greenfields Pvt. Ltd.
  • Earth Expo Company
  • Green Virgin Products LLC.
  • Moringa Initiative Ltd.
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the global moringa products market, thereby allowing players to develop effective long term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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