Moringa Products Market – Global Industry Analysis and Forecast (2023-2029)

Moringa Products Market is expected to reach US$ 17.52 Bn. by 2029, at a CAGR of 10.1% during the forecast period.

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Moringa is the only kind of flowering plant Moringaceae and is native to the Indian sub-continent. Now, moringa is broadly cultivated in India, the Philippines, and African countries, and some parts of the US and the European Union. Moringa products are generally recognized for their health benefits. Also, moringa products are available in several forms, such as moringa tea, moringa oil, moringa leaf powder, and moringa seeds.

Moring is famous for its nutritional qualities, and its leaves, bark, flowers, fruit, seeds, and root are largely used to prepare medicines. For example, the tea prepared with moringa flowers is considered to have nutritional benefits, and to be great medicine. Moringa is loaded with crucial nutrients, like protein, fiber, phosphorous, fat, carbohydrates, and potassium. Because of these attributes, moringa is broadly used to cure cancer, diarrhea, headache arthritis, asthma, diabetes, and other health problems. Also, the leaves of the tree are rich in minerals, like potassium, calcium, zinc, copper, magnesium, and iron, vitamins including folic acid, pyridoxine, and nicotinic acid, vitamins C, D, and E, and phytochemicals, like tannins, sterols, terpenoids, and flavonoids. So, the moringa having health benefits is expected to boost the growth of the moringa products market internationally.
The growing use of moringa products is prompting the number of moringa planters in the market. Likewise, the demand for organic-certified moringa products is going up, mainly in Europe, which has generated opportunities for the growth of the market.

By product type, the leaf powder products segment contributed the largest share as compared to the other product type of the moringa products market in 2022. Moringa leaf powder is made up of dried moringa leaves and is enriched with iron, vitamin K & E, vitamin A & calcium, anti-oxidants, etc. It helps to decrease tiredness & fatigue, recovers skin texture, and boosts immunity, and encourages the growth of the muscle. The demand for moringa leaf powder is relatively high from end-use industries, like dietary supplements, pharmaceuticals, and cosmetics. The moringa having an antibiotic property, leaf powder is also used to limit the growth of several pathogens.

Region-wise, the Asia Pacific is expected to hold the largest share of the global moringa products market by 2029. This is mainly because of the existence of a large consumer base and high consciousness regarding the health benefits of moringa products in Asian countries. Similarly, rising awareness about health benefits obtainable by moringa products is driving the market growth in the Asia Pacific region. The moringa products producers are growing their production doings in developed and developing countries, like China, and India, to meet the rising demands of moringa products in the region. For example, in 2022, Kuli Kuli Inc. has launched Moringa products, like moringa powder, bars, smoothie mixes, shots, and teas into 2,500 Walmarts across the globe. Moringa products of Kuli Kuli Inc. are now obtainable in Walmarts in the UK, US, UAE, China, and many other countries.

The objective of the report is to present a comprehensive analysis of the Global Moringa Products Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Moringa Products Market dynamics, structure by analyzing the market segments and project the Global Moringa Products Market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Moringa Products Market make the report investor’s guide.
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Moringa Products Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2018 to 2022
Market Size in 2022:
US $ 8.93 Bn.


Forecast Period 2023 to 2029 CAGR:
10.1%
Market Size in 2029:
US $ 17.52 Bn.


 Segments Covered:
by Product Type
Leaf Powder
Tea
Oil
Seeds
Others


by Application
Dietary Supplements
Pharmaceuticals
Cosmetics
Others


by Distribution Channel
Supermarkets/Hypermarkets
Convenience Stores
Specialty Stores
Online Retail



Moringa Products Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Key players:
1. New Global Energy Inc.
2. Green Earth Products Pvt. Ltd.
3. Vyora Herbals Private Limited
4. Marudhar Impex
5. Paritosh Herbals
6. Philippine Moringa and More Corporation
7. Jailev International Trading Corporation
8. Tropical Palm Herb Manufacturing
9. Mother’s Farm
10.Genius Nature Herbs Private Limited
11.Kuli Kuli Foods
12.Earth Expo Company
13.Ancient Greenfields
14.Grenera
15.Moringa Pura Vida
16.Organic India Pvt Ltd.
17.Only Natural Inc.
18.Aayuritz Phytonutrients Pvt Ltd.
19.Moringa Initiative Ltd.
20.Green Virgin Products LLC
21.Dominate Industries.

Frequently Asked Questions:

1. Which region has the largest share in Global Moringa Products Market?
Ans: Asia Pacific region holds the highest share in 2022.

2. What is the growth rate of Global Moringa Products Market?
Ans: The Global Moringa Products Market is growing at a CAGR of 10.1% during forecasting period 2023-2029.

3. What is scope of the Global Moringa Products market report?
Ans: Global Moringa Products Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global Moringa Products market?
Ans: The important key players in the Global Moringa Products Market are –
New Global Energy Inc.,Green Earth Products Pvt. Ltd.,Vyora Herbals Private Limited,Marudhar Impex,Paritosh Herbals,Philippine Moringa and More Corporation,Jailev International Trading Corporation,Tropical Palm Herb Manufacturing,Mother’s Farm,Genius Nature Herbs Private Limited,Kuli Kuli Foods,Earth Expo Company,Ancient Greenfields,Grenera,Moringa Pura Vida,Organic India Pvt Ltd.,Only Natural Inc.,Aayuritz Phytonutrients Pvt Ltd.,Moringa Initiative Ltd.,Green Virgin Products LLC,Dominate Industries.

5. What is the study period of this market?
Ans: The Global Moringa Products Market is studied from 2022 to 2029.