Moringa Ingredients Market’s annual consumption is expected to surpass 2.5 million tons by 2025. 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 moringa ingredients market expansion.
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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 market profitability. Also, stringent government regulations regarding the export of moringa may hinder the market growth. Organic certification is important before using it for nutritional supplement purpose, which may drive the market share.
|Moringa Ingredients Market Size in 2018:||5.5 Billion (USD)|
|Forecast Period:||2019 to 2025|
|Forecast Period 2019 to 2025 CAGR:||8.9%|
|2025 Value Projection:||10 Billion (USD)|
|Historical Data for:||2014 to 2018|
|No. of Pages:||300|
|Tables, Charts & Figures:||569|
|Segments covered:||Product and Region|
|Pitfalls & Challenges:|
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Moringa ingredients market from leaf powder is expected to exceed USD 6 billion by 2025 on account of increasing demand in the dietary supplement and food applications. Increasing consumption of leaves and leaf powder for the treatment of arthritis, fever, and other diseases is projected to have a positive impact on the market size. Rising concerns regarding the glutamic disorder in the U.S., UK, Germany, and Japan may boost plant-derived supplements demand.
Moringa leaf powder from dietary supplements application is set to register over 8% CAGR during the foreseeable timeframe. Rapid urbanization in the Germany, UK, the U.S., India, and China coupled with rising health awareness among individuals may upsurge market share.
Moringa ingredients market from oil and seed segment is set to register over 8% CAGR during the predicted timeframe on account of its demand in food and cosmetics industries. Increasing application demand in cosmetic sector owing to its functional properties such as oxidatively stable, moisturization, and non-GMO shall foster the industry forecasts.
Moringa tea market size from online distribution channel is expected to register over 7.5% CAGR during the forecast time. Growing per-capita disposable income along with increasing penetration of online purchase in the U.S, India, China, Germany, and UK will contribute towards segment growth.
North America moringa ingredients market driven by Canada, Mexico, and the U.S. is projected to surpass USD 5 billion by 2025 due to the growing demand for plant-based supplements. Increasing demand for natural cosmetic products in the U.S. and Canada may augment regional market size. Increasing demand for organic health supplements as they are used to reduce weight and calorie reduction may support regional industry forecasts.
Europe moringa ingredients industry demand driven by Germany, France, UK, and Italy is set to exceed USD 2 billion by 2025. Increasing demand for food supplements to prevent diseases may support regional industry trends. Growing demand for moringa tea in the region as it promotes weight loss, provides nourishment, help in food digestion, and improves skin health may boost industry demand.
Asia Pacific moringa ingredients market is poised to record around 8% CAGR during the forecast time. Rising awareness among individuals regarding nutritional enrichment may accelerate regional industry demand. Increasing number of brand campaigns on electronic media to create product awareness among individuals by major manufacturers should favor market share. Presence of a large number of moringa products in India and China, owing to the abundant availability of raw materials, and favorable FDI policies will boost the regional market statistics.
Global moringa ingredients market share is fragmented including
Major industrial participants are involved in R&D activities of new products to expand business globally and gain a competitive edge in the value chain.
Moringa ingredients market research report includes in-depth coverage of the industry, with estimates & forecast in terms of volume in Tons and revenue in USD from 2014 to 2025, for the following segments:
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The above information is provided on a regional and country basis for the following: