The global Moringa Products Market is poised to achieve a market value of US$ 17.52 billion by 2029, displaying a robust CAGR of 10.1% during the forecast period. This information comes from an in-depth industry analysis that scrutinizes the revenue impact of the COVID-19 pandemic on market leaders, followers, and disrupters.
Market Values: Moringa, a flowering plant native to the Indian sub-continent, has gained significant recognition for its health benefits. The market, now cultivated globally in countries such as India, the Philippines, Africa, and parts of the US and the European Union, offers various products like moringa tea, moringa oil, moringa leaf powder, and moringa seeds.
Report Scope: The comprehensive report explores the nutritional qualities of moringa, derived from its leaves, bark, flowers, fruit, seeds, and root. With attributes such as protein, fiber, phosphorous, fat, carbohydrates, and potassium, moringa is extensively used in the treatment of diverse health issues, including cancer, diabetes, arthritis, and asthma. Rich in minerals and vitamins, the plant is a source of various phytochemicals, making it a valuable addition to dietary supplements, pharmaceuticals, and cosmetics.
Research Methodology: The study employs a robust research methodology, analyzing market dynamics, key players, and industry trends. The report delves into the impact of micro-economic factors through PORTER, SVOR, and PESTEL analyses, providing decision-makers with a clear and futuristic view of the industry.
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Dynamics: The growing popularity of moringa products has led to an increase in the number of moringa planters, with a rising demand for organic-certified moringa products, especially in Europe.
Regional Insights: The Asia Pacific region is anticipated to dominate the global moringa products market by 2029, attributed to a large consumer base and heightened awareness of moringa’s health benefits. Producers are expanding production in countries like China and India to meet rising demands. For instance, in 2022, Kuli Kuli Inc. launched a range of moringa products in Walmarts globally.
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Moringa Products Market Segmentation:
by Product Type
Leaf Powder
Tea
Oil
Seeds
Others
by Application
Dietary Supplements
Pharmaceuticals
Cosmetics
Others
Moringa Products Market 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.
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Table of content for the Moringa Products Market includes:
Key Offerings:
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