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Moringa Ingredients Market Size

  • Report ID: GMI4352
  • Published Date: Sep 2024
  • Report Format: PDF

Moringa Ingredients Market Size

Moringa Ingredients Market size achieved USD 8.87 billion in 2023 and will grow at 8.9% CAGR from 2024 to 2032. Increasing demand for food supplements owing to rising awareness about nutrition, growing geriatric population, hectic lifestyle, and rising disposable income shall foster the moringa ingredients industry landscape.

 

Growing incidence of obesity and increasing preference of individuals towards fast food products are the key factors augmenting the dietary supplements demand. In dietary supplements, moringa is used as an ingredient due to presence of many essential nutrients that help in improving health.  Rising consumer awareness and dietary supplements consumption in the U.S., Canada, India, China, UK, Germany, and Australia are the key contributing factors towards market expansion.

 

Growing awareness regarding the medicinal benefits of moringa-based products is projected to propel the industry expansion. Moringa flowers, seeds, pods, leaves, gum, and bark have properties to relieve vitamin and mineral deficiencies, promote normal blood glucose levels, provide support for a healthy cardiovascular system, body’s anti-inflammatory mechanisms, immune system, neutralize free radicals, and enrich anemic blood. They have potential benefits to overcome malnutrition, lactating mothers, general weakness, depression, menopause, osteoporosis, and arthritis.

 

Increasing demand for wheat-based products is projected to hamper moringa ingredients industry profitability. Also, stringent government regulations regarding the export of moringa may hinder market growth. Organic certification is important before using it for nutritional supplement purposes, which may drive the market share.

 

The global moringa ingredients market is experiencing significant growth driven by increasing consumer interest in health and wellness. There is a rising demand for dietary supplements as consumers become more health-conscious and seek natural ways to support their well-being. Moringa, known for its rich nutritional profile, fits this trend perfectly. Additionally, the growing preference for organic products has propelled the market, as Moringa is often cultivated using organic practices and is free from synthetic additives. Furthermore, the surge in demand for plant-based cosmetic products is influencing the market, as Moringa’s beneficial properties make it a popular choice for natural skincare and beauty solutions. These drivers reflect a broader shift towards natural and sustainable products, positioning Moringa as a key ingredient in the evolving global marketplace.

 

Authors: Kiran Pulidindi, Manish Verma

Frequently Asked Questions (FAQ) :

Market size for moringa ingredients was valued USD 8.87 billion in 2023 and will grow at an 8.9% CAGR between 2024 and 2032, fueled by increasing consumer awareness of the health benefits of moringa, such as rich nutritional profile and antioxidant properties.

Moringa ingredients industry from the moringa leaf powder segment will reach USD 9.71 billion by 2032, driven by its extensive use in dietary supplements, functional foods, and beverages.

North America industry will witness 9.2% CAGR through 2032, attributed to growing consumer demand for natural and organic products.

Major firms operating in the industry are Ancient Greenfields, Earth Expo Company, Grenera Nutrients, Herbs & Crops Overseas, Genius Nature Herbs, Kuli, Moringa Initiative, Moringa Source, Kuli Kuli, and NutraGreen, among others.

Moringa Ingredients Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 10
  • Tables & Figures: 172
  • Countries covered: 22
  • Pages: 200
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