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Moringa Extract Market Trends

Report ID: GMI8677
Published Date: Mar 2024
Report Format: PDF

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Moringa Extract Market Trends

A prevailing trend in the moringa extract industry manifests in the burgeoning consumer consciousness and appetite for natural, plant-derived offerings. This paradigm shift is emblematic of an increasingly health-aware populace, wherein the allure of moringa extract as a cornerstone ingredient in dietary supplements, functional foods, and personal care products gains traction owing to its abundant nutritional virtues and perceived health-promoting properties. Moreover, a discernible shift towards sustainability and ethical sourcing principles underscores a pivotal facet of consumer preference, thereby fostering a burgeoning demand for moringa extract derived from ethically managed sources.

Furthermore, the landscape of moringa extract innovation is characterized by remarkable strides in extraction methodologies and product formulation, catalyzing the development of pioneering formulations endowed with heightened bioavailability and efficacy. This amalgamation of health consciousness, sustainability imperatives, and technological innovation heralds a resounding surge in demand within the market, reflective of an evolving consumer landscape poised at the nexus of health, sustainability, and technological advancement.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of moringa extract reached USD 6.3 billion in 2023 and is set to witness 10.1% CAGR between 2024 and 2032, owing to the increasing consumer awareness of the health benefits associated with the product and the growing demand for natural & nutrient-rich ingredients across multiple sectors.

Moringa leaf extract segment accounted for a revenue of USD 3.1 Billion in 2023, backed by the burgeoning recognition of the product’s myriad health advantages, with moringa leaf extract having vital nutrients, antioxidants, and bioactive compounds.

North America market size held over USD 2 billion in 2023, supported by the thriving healthcare & wellness sector, alongside a wider preference for natural and organic products.

Kuli Kuli Foods, Mighty Leaf, Miracle Tree, Moringa Energy Life, Moringa Farms, Organic India Grenera Nutrients, Earthrise Nutritionals, and Banyan Botanicals among others.