Global Moringa Ingredients Market by Source (Leaves, Oil, Seeds), by Application (Food & Beverage, Cosmetic & Personal Care, Pharmaceutical) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Summary of the Report

Global moringa market value was USD 70.6 million in 2019, and is projected to grow at an 8.8% compound annual growth rate (CAGR), between 2020-2027. Moringa powder can be considered a nutritious food. It contains many healthy compounds, including vitamin B1, vitamin A and calcium potassium. The product is low in fat and contains no harmful cholesterol. Moringa is an important part of Indian cuisine. Asia Pacific is likely to see a rise in demand for food supplements due to rising disposable income, increasing geriatric populations, and increased awareness about nutrition. The industry is experiencing a boom because of its low cost and nutritional benefits.

Due to the changing socioeconomic status of consumers, they are now more concerned about their health. The popularity of natural plant products with less side effects has increased over the past few years. It offers a wide range of foods that may offer health benefits that go beyond the conventional nutrients.

Moringa, also known as drumstick, has many medicinal and nutritional benefits. It is high in vitamins and other bioactive substances that can be used to prevent certain diseases.

The leaves, seeds, roots, flowers and leaves of the moringa tree are all suitable for human and animal consumption. The leaves are rich in minerals, protein and antioxidants. They can also be used in traditional medicine and animal nutrition. Moringa oil can be used in place of olive oil for non-food purposes such as cosmetics, biodiesel and as a lubricant in fine machinery.

Due to its nutritional benefits, the product is expected to see huge sales. It contains a protein necessary for tissue growth and deficiency. It contains a higher amount of protein than soybean. Powdered leaves can be used to nourish children of mothers who are pregnant or lactating.

Application Insights

The market for moringa ingredients is classified according to their application in food and beverages, cosmetics, personal care and pharmaceutical. A significant 19.7% share of revenue was registered by cosmetics and personal care applications. This is due to the product's moisturizing properties as well as the benefits of boosting collagen useful for reducing fine lines and sagging skin.

On the other hand, the food & beverages application segment is expected to see significant demand due to customer knowledge about the relationship between nutrition and health as well as increased demand for diets that include functional ingredients such as Moringa Oleifera. This plant is often called the "natural nutrition of the tropical tropics". Many food nutritionists have supported the cultivation, consumption, and incorporation of Moringa Oleifera.

It is considered a nutritiously rich source for specific micro- and macronutrients. It is becoming a popular ingredient in food supplements. Moringa leaves are being used as a food substitute to combat malnutrition in infants and children. The product is being used for food fortification in many countries, including Africa.

Due to the immense medicinal and nutritional benefits of pharmaceutical applications, which have been recognized in Ayurvedic medicine and Unani, there is a substantial demand for this segment. The indigenous medicine uses almost every part of the plant: bark, root, leaf and even seed oil. Traditional therapeutic remedies are used to treat many diseases with the help of various pharmaceutical properties.

Source Insights

Due to the growing demand for dietary supplements, the moringa leaf market is expected to exceed USD 6 billion in 2027. In 2019, the segment held a market share of 35% based on revenue. The growth is expected to be influenced by a rise in the consumption of leaves for treating arthritis, fever and other diseases.

Market growth may also be supported by a rising demand for herbal and botanical supplements used in food applications. Increasing concerns about the glutamic disorder in the U.S., Germany and Japan may increase the demand for plant-derived vitamins.

Moringa leaves can also be used to treat other conditions such as asthma, diabetes, heartburn, dyslipidemias, malaria, syphilis and pneumonia. It is also known to lower cholesterol and blood pressure, act as an antimicrobial and anticancer agent, antidiabetic and antioxidant, and can be used to treat bronchitis and other diseases.

The demand for Moringa oil and seed may result in a CAGR of approximately 8% in volume over the forecast period. The cosmetic market will see a rise in demand due to its functional properties, such as moisturization, non GMO and oxidation stability.

Because of its many medicinal and nutritional advantages, there has been a growing demand for moringa seeds ingredients. It acts as an anti-inflammatory agent and anti-microbial agent, which can be used to treat hyperthyroidism and rheumatism.

Regional Insights

In 2019, the Asia Pacific had the largest market share, with over 40% volume. In developing countries like India, China, and the Philippines, the market is being driven by a growing awareness about the nutritional and health benefits of moringa. Due to the growing trend towards veganism, which is opening the way for plant-based foods products, the demand for the product is expected to rise.

Asia Pacific will see a substantial CAGR in revenue of 7.8% during the forecast period. This is due to rapid urbanization, which has led to changes in food consumption patterns and habits. Additionally, consumers' increasing interest in exercise and increased consumption of food supplements are important factors that will support market growth.

North American countries like the U.S.A. and Canada will see an increase in demand during the forecast period due to consumers' interest in plant-based ingredients. This inclination encourages producers to use plant-based ingredients in cosmetics, food and supplements. The market expansion is also being supported by rising healthcare concerns.

With increasing use of organic food supplements, the product is slowly gaining in popularity in Europe. The wide range of nutritional and health benefits that dried moringa leaves can provide are based on their chemical composition and antioxidant activities. Suppliers may be able to capitalize on the growing global moringa demand. India is the dominant supplier at present.

Market Share Insights & Key Companies

To maintain their competitive edge, key companies have used acquisitions, mergers, and product launches as key strategies. Companies were able to increase their product range and improve the quality of their products through acquisitions and mergers. Companies can now offer higher quality products that meet the changing consumer trends by introducing new products onto the market.

Market has seen key developments, including product innovation and portfolio expansion. Companies have taken the initiative to develop strategies that will give them a competitive edge in the market. However, the presence of internationally-renowned players in the moringa ingredients space is likely to lead to increased instances of mergers and acquisitions over the forecast period, given the inability of smaller and privately-held players to compete with international market participants in terms of revenue generation, regional/ global presence, and establishment of distribution channels. The following are some of the most prominent players in the market for moringa ingredients:

• Earth Expo Company

• Ancient Greenfields Pvt Ltd

• Kuli Kuli, Inc.

• Grenera.Com

• Saipro Biotech Private Limited

• Herbs & Crops Overseas

• Organic India Pvt Ltd.

Up Market Research published a new report titled “Moringa Ingredients Market research report which is segmented by Source (Leaves, Oil, Seeds), by Application (Food & Beverage, Cosmetic & Personal Care, Pharmaceutical), By Players/Companies Saipro Biotech Private Limited, Herbs & Crops Overseas, Organic India Pvt Ltd, Kuli Kuli Inc, GreneraCom, Ancient Greenfields Pvt Ltd, Earth Expo Company”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

Report Scope

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Moringa Ingredients Market Report Segments:

The market is segmented by Source (Leaves, Oil, Seeds), by Application (Food & Beverage, Cosmetic & Personal Care, Pharmaceutical).

Moringa Ingredients Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Moringa Ingredients Market

Overview of the regional outlook of the Moringa Ingredients Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Moringa Ingredients Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Moringa Ingredients Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. Leaves

                2. Oil

                3. Seeds

                1. Food & Beverage

                2. Cosmetic & Personal Care

                3. Pharmaceutical

8. Market scenario by region, sub-region, and country.
9. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
10. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
11. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Moringa Ingredients Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

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Reasons to Purchase the Moringa Ingredients Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.