Global Moringa Ingredients Market to Grow at 7.47% During 2024-2032, Catalyzed by Significant Growth in F&B industry

December 09, 2022 | Food & Beverages

According to the latest report by IMARC Group, titled “Moringa Ingredients Market Report by Source (Leaves, Seed, Oil, and Others), Application (Food and Beverages, Cosmetics and Personal Care, Pharmaceuticals, and Others), Distribution Channel (Supermarkets, Online Stores, Specialty Stores, and Others), and Region 2024-2032," the global moringa ingredients market is expected to grow at a CAGR of 7.47% during 2024-2032. Moringa ingredients are a range of nutrient-rich edible products obtained from different parts of the moringa oleifera plant, including bark, pods, flowers, seeds, leaves, roots, and nuts. They contain vitamins, fibers, carbohydrates, essential amino acids, oils, fatty acids, calcium, potassium, magnesium, zinc, copper, phosphorus, and iron. Apart from this, they are an important food source that retains much of their nutritional value when dried, making them beneficial in fighting malnutrition. Moringa ingredients are widely used in traditional medicines, nutritional supplements, food products, bakery goods, water purification, fertilizers, biodiesel, and cosmetics. These substances also contain several bioactive compounds that exhibit antimicrobial, anti-inflammatory, anticancer, antioxidant, and cardioprotective properties. As a result, they are employed to prevent and treat various diseases, such as cardiovascular disease (CVDs), cancer, diabetes, and obesity.

Global Moringa Ingredients Market Trends:

The rising product utilization in the food and beverage (F&B) industry is one of the primary factors driving the market growth. Moringa ingredients are widely used in soups, chocolate, meats, juices, and sandwiches to increase their nutritional, crude fiber, protein, and ash contents. In addition to this, the widespread product utilization in various bakery products, such as cookies, bread, brownies, cake, crackers, biscuits, and snacks, to augment their physical and sensory properties, provide dough stability, and enhance the level of proteins, lipids, iron, and calcium, is acting as another growth-inducing factor. Furthermore, increasing consumer awareness regarding various health benefits of the product, including nourishing skin and hair, curing infections, protecting the liver, strengthening bones, assisting in wound healing, and treating asthma, anemia, gastrointestinal disorders, depression, anxiety, and fatigue, is providing an impetus to the market growth. Additionally, the recent development of new seed varieties that are drought tolerant, adaptable to varied soil and climatic conditions, ensure accelerated growth, and provide higher yields is positively influencing the market growth. Moreover, rising product adoption in the cosmetics industry to manufacture shampoos, lotions, body oil, conditioners, lip balms, face creams, soaps, perfumes, and deodorants, due to their moisturizing, cleansing, and emollient properties, is facilitating the market growth. Other factors, including increasing product demand in the pharmaceutical industry as an excipient, rising employment of fertilizers in plantations, and widespread adoption of these ingredients in wastewater treatment, are anticipated to drive the market growth.

Market Summary:

  • On the basis of the source, the market has been divided into leaves, seed, oil, and others.
  • Based on the application, the market has been classified into food and beverages, cosmetics and personal care, pharmaceuticals, and others.
  • On the basis of the distribution channel, the market has been divided into supermarkets, online stores, specialty stores, and others.
  • On a regional basis, the market has been categorized into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and Others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and Others), Latin America (Brazil, Mexico, and Others), and Middle East and Africa.
  • The competitive landscape of the industry has also been examined, with some of the key players being Ancient Greenfields Pvt Ltd., Earth Expo Company, Green Era Foods & Nutraceutics, Grenera Nutrients Pvt. Ltd., Herbs & Crops Overseas, Himalaya Drug Company (Himalaya Global Holdings Ltd.), Kuli Kuli Inc., Organic India Pvt. Ltd. (Fabindia Overseas Private Limited), Saipro Biotech Private Limited and Santan International.
     

Report Scope:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Source, Application, Distribution Channel, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Ancient Greenfields Pvt Ltd., Earth Expo Company, Green Era Foods & Nutraceutics, Grenera Nutrients Pvt. Ltd., Herbs & Crops Overseas, Himalaya Drug Company (Himalaya Global Holdings Ltd.), Kuli Kuli Inc., Organic India Pvt. Ltd. (Fabindia Overseas Private Limited), Saipro Biotech Private Limited and Santan International
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Global Moringa Ingredients Market to Grow at 7.47% During 2024-2032, Catalyzed by Significant Growth in F&B industry
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