According to a recent survey conducted by ChemView Consulting, the Global Moringa Ingredients Market grew at a CAGR of 8.3% between 2017-2021 and is estimated to be US$ 6421.3 Mn in 2022. Currently, the market is anticipated to grow at a CAGR of 8.0% and is expected to reach a valuation of US$ 13,863.1 Mn by 2032 end.
Ingredients from the moringa plant are being utilised more frequently in food fortification across the globe to address vitamin shortages. A number of businesses also include moringa components in their food products for marketing and advertising purposes through voluntary fortification schemes.
Growing public awareness of the advantages of using plant-based products for both health and the environment has also increased demand for plant-based cosmetics. Additionally, producers want to offer cutting-edge cosmetics that contain moringa components.
Customers are now more likely to be able to purchase novel and distinctive food products that are made from plants like moringa due to increases in consumer discretionary money in areas like Asia Pacific, the Middle East, and Africa. These plant-based foods contain chemicals that are both functionally active and have health-promoting qualities.
used in moringa, are being impacted by the consumer consumption trend towards healthy and organic food products. the dietary supplements business could also be a viable market for moringa components, according to a Persistence Market Research researcher
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A list of some of the key suppliers present in the market are:
- 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
- MoringaInitiative Ltd.
- Green Virgin Products LLC
- Dominate Industries
Report Coverage and Highlights
- Our comprehensive, data-backed, and facts-oriented report provides niche and cross-sectional analysis at global and country levels.
- Assessment of the historical (actual data) and current market size (2017-2021), market projections (2022-2032), and CAGR.
- The market assessment across North America, Europe, East Asia, South Asia & Pacific, Latin America, Middle East, and Africa.
- Competitive tactical intelligence, key strategies adopted by top players, production capacity and company shares analysis, product brand surveys, and export-import analysis
- Pricing analysis to set and benchmark your current or future offerings across each product type helps you understand whether your pricing strategy is aligned with market expectations and can be compared to market disruptions.
- Predictions on critical supply and demand trends and technological expertise needed to address operations scalability.
- Consumer behavior shifts and their implications for players, list of end-users, and their consumption analysis.
- Key drivers, restraints, opportunities, and emerging trends impacting the market growth.
- Value chain analysis (list of manufacturers, distributors, end-users, and average profitability margins).
- Strategic market analysis, recommendations, and future headways on crucial winning strategies.
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About ChemView Consulting:
ChemView Consulting is a leading market research firm in the Asia Pacific, with expertise in Chemicals & Materials, Food & Beverages, Packaging, Oil & Gas, New & Renewable Energy, and Disruptive Technologies. We are one of the top market intelligence firms specializing in business analytics with an expertise in the ever-growing chemicals industry. We track high-growth markets with innovative ideas and opportunities insights through B2B research.
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