Moringa Products Market Size, Industry Analysis Report, Regional Outlook (U.S, Canada, Mexico, Germany, UK, France, Italy, Spain, Netherlands, Switzerland, China, Japan, India, South Korea, Malaysia, Australia, Indonesia, Brazil, Argentina, South Africa, Saudi Arabia, UAE), Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025
Report ID: GMI4029
Moringa Products Market size is likely to witness significant increase over the forecasted period owing to its rising demand from pharmaceutical and nutraceutical segment on account of its medicinal benefits. It is known for its various health benefits such as increasing blood antioxidant level, lowering blood sugar & cholesterol level, reducing inflammation, and prevention against arsenic toxicity. Inflammation is a natural mechanism of human body as a response to any injury or infection but is also a sign of major chronic diseases such as heart attack and cancer. Moringa products are widely used in pharmaceutical industry for its anti-inflammatory and antioxidant properties, which reduced toxicity level in kidney, thereby preventing stone in kidneys, uterus or bladder, and heart attacks, which should boost product market demand.
Moringa, also known as ‘drumstick tree’, is a widely cultivated species, native to Asia and Africa. It is a drought-resistant and fast-growing tree, suited for dry regions, majorly cultivated for its leaves and young pod seeds used as vegetables, for medicinal uses, water purification and oil extraction. It is a powerful antioxidant, used in treating edema, is good for liver protection, relieves stomach disorders, is rich in antibacterial properties, effective for treatment of diabetics & neurogenerative diseases, and helps maintain a healthy skin, which should augment moringa products demand from pharmaceutical industry.
Moringa products market size from personal care application may witness a significant growth rate over the forecast timeframe owing to increasing demand for men’s cosmetics and anti-ageing products. Global personal care surpassed USD 130 trillion in 2018 on account of growing penetration of innovative and new products which is an indicator of healthy growth opportunities. It prevents wrinkles, slowdowns aging and neutralizes effect of harmful pollutants on account of its detoxifying and hydrating effects. Moreover, it is highly beneficial for hairs, it acts as a treasured conditioner for scalp, prevents hair from environmental damage, strengthens the roots, and stimulate hair growth, which should further boost moringa product demand from cosmetic industry.
Moringa products market size from pharmaceuticals application is likely to grow significantly on account of increasing disposable income and investments made by several government & private companies in the pharmaceutical sector. Global pharmaceutical market size was valued at over USD 935 billion in 2018 on account of growing prevalence of diseases such as thyroid, skin, and ovarian cancer which should stimulate industry demand. It helps stimulating immune system by enhancing cellular immune responses. It even possesses anti fertility property; it is beneficial for prevention of sexual implantation in the body. Moringa products are commonly used for preventing retinal damage, it keeps the retinal vasculature intact and prevent dilatation of retinal vessels, which is likely to foster product demand by the forecasted timeframe.
North America, led by Mexico, Canada, and U.S. moringa products market size is likely to rise owing to growing demand in cosmetics and pharmaceutical industry. Canada cosmetic market is predicted to surpass USD 550 million by 2025 owing to increasing concern for personal care, which is likely to augment moringa product demand. Increasing cosmetics business in the region on account of its usage in manufacturing creams, moisturiser and ointments due to their skin care benefits.
Europe moringa products market size, led by UK, Germany, Italy, and France may witness substantial rise on account of growing vegan population and awareness of a healthy lifestyle. Regional meat alternative market is predicted to experience a growth of 5% over the forecasted period with UK market likely to surpass USD 740 million by 2021 owing to significant health benefits of these products which should boost market growth.
Asia Pacific, led by India, Japan, South Korea, and China moringa product market share is predicted to witness a significant rise on account of rising prevalence of anaemia. Asia holds the highest share of anaemic population and over 200 million women in Southeast Asia are anaemic pertaining to low haemoglobin content, which indicates tremendous growth opportunities for moringa products market. It maintains normal blood limits by absorbing iron, and thereby increasing count of red blood cells as a result, moringa products are majorly utilized in the pharmaceutical industry for making medicines, which should augment moringa product demand by 2025.
Global moringa products market share is highly competitive and includes various manufacturers including Ancient Greenfields, Only Natural, Herbs & Crops Overseas, Veg India Exports, Grenera Nutrients and Earth Expo Company. Companies are focused on R&D and are investing on technological advancements for optimum production.
Moringa Products Market, By Category, 2014-2025 (Tons) (USD Million)
Moringa Product Market, By Product Type, 2014-2025 (Tons) (USD Million)
- Leaves and leaf powder
- Seeds and seed oil
Moringa Products Market, By Application, 2014-2025 (Tons) (USD Million)
- Animal feed
- Pharmaceuticals & Nutraceuticals
- Functional food & Beverages
- Personal Care
The above information is provided for the following regions and countries:
- North America
- Asia Pacific
- South Korea
- Latin America
- Middle East & Africa
- South Africa
- Saudi Arabia
- Ancient Greenfields
- Only Natural
- Earth Expo Company
- Veg India Exports
- Grenera Nutrients
- Green India
- Genius Nature Herbs
- Botanica Natural Products
- Herbs & Crops Overseas
- Marudhar Foods
What Information does this report contain?
Customize this Report
Our Market Research Reports Include:
- Market snapshot
- Market Segmentation
- Value Chain Analysis
- Growth Dynamics
- Potential Market Opportunities
- Regulatory Overview
- Technology Evolution
- Innovation & Sustainability