Moringa Ingredients Market to Grow with a CAGR of 9.77% through 2028
Increased health
awareness, the demand for natural and organic products, versatility in
applications, and ongoing research into its medicinal properties are expected
to drive the Global Moringa Ingredients Market growth in the forecast period,
2024-2028.
According to
TechSci Research report, “Moringa Ingredients Market – Global Industry Size,
Share, Trends, Competition Forecast & Opportunities, 2028”, the
Global Moringa Ingredients Market stood at USD 7.76 billion in 2022 and is
anticipated to grow with a CAGR of 6.62% in the forecast period, 2024-2028.
This can be attributed to sustainable farming practices. Sustainability has
become a key concern in agriculture, and moringa cultivation aligns well with
sustainable farming practices. The moringa tree is drought-resistant, requires
minimal water, and can thrive in diverse climates, making it an attractive crop
for sustainable agriculture initiatives worldwide.
In addition,
ongoing research into moringa's potential health benefits and applications will
drive innovation. Scientific studies may uncover new uses for moringa
ingredients in pharmaceuticals, functional foods, and more.
Moringa
ingredients encompass various parts of the moringa tree, such as bark, seeds,
pods, flowers, leaves, and others, which are harvested for their nutritional
properties. These components are rich in essential nutrients like protein,
carbohydrates, calcium, phosphorus, potassium, iron, vitamins, beta-carotene,
and other bioactive compounds. The continuously growing food and beverage
sector, coupled with increasing awareness regarding the nutritional benefits of
moringa ingredients, is driving their market growth.
In 2020, the
conventional origin segment dominated the market for moringa ingredients in
India. This was primarily due to its high productivity for local cultivators,
facilitated by the favorable weather conditions and quality of the country's
soil. The rising awareness among consumers about the health advantages of
incorporating moringa into various products, such as dietary supplements,
functional foods, and tea, among others, is further propelling market
expansion.
The cultivation
of moringa ingredients in the Indian market is projected to experience
substantial growth during the forecast period from 2020 to 2028. This growth is
underpinned by continuous advancements in agricultural practices adopted by
farmers, driven by increased access to information and educational resources in
the agricultural sector. Farmers are transitioning from traditional cultivation
methods to more advanced practices, which is augmenting their income.
The market
heavily relies on the supply of moringa plant leaves, pods, and other
nutritious ingredients. Major players source these raw materials from their
native countries, but over time, moringa cultivation is expanding into
non-native regions like North America, South America, and Europe to meet the
growing demand for these ingredients across various industry sectors.
Browse over XX market data Figures spread through XX Pages and an in-depth TOC on "Global Moringa Ingredients Market.”
The Global Moringa
Ingredients Market is segmented into source, origin, application, regional
distribution, and company.
Based on its origin,
the organic segment has taken the lead in the market and is expected to
demonstrate the swiftest CAGR between 2023 and 2028. This growth is attributed
to the health advantages linked with moringa that is cultivated through non-GMO
farming practices, bolstering its popularity and demand across various market
applications. The primary components contributing to the rapid expansion of
organically cultivated moringa typically encompass matured fruits/pods, leaves,
flowers, and roots.
Organic source
ingredients are considered safer for human consumption when compared to their
conventional counterparts. Furthermore, these natural and organic source
ingredients are environmentally friendly as they do not contribute to
significant environmental pollution. Manufacturers across diverse industries,
including food and beverages, cosmetics and personal care, and pharmaceuticals,
are increasingly adopting naturally derived ingredients in response to growing
consumer demand for environmentally friendly products.
Based on application,
the food and beverages segment claimed the largest portion of the total
revenue. This segment encompasses a wide array of products, including
ready-to-cook items like moringa powder and moringa tea, as well as
ready-to-eat options such as moringa chocolates, cakes, juices, and lattes,
which collectively constitute the majority of the market share. The surging
demand for functional food, particularly among urban populations worldwide, is
the primary driver behind the substantial revenue generated by the food and
beverages sector.
The nutritional
attributes of moringa ingredients, which encompass pods/seeds, leaves, flowers,
barks, honey, and roots, are instrumental in driving their adoption within the
food and beverages sector. These moringa-derived ingredients are rich in essential
nutrients, including but not limited to protein, fat, carbohydrates, fiber,
vitamins (such as B1, B2, B3, C, and E), as well as minerals like calcium,
magnesium, phosphorus, potassium, copper, iron, sulfur, and more. These
nutritional elements are contributing significantly to the growth of
applications within the market.
Major companies
operating in Global Moringa Ingredients Market are:
- Organic India
Pvt Ltd
- EARTH EXPO
COMPANY
- Kuli Kuli Inc
- Ancient
Greenfields PVT LTD
- Grenera
Nutrients Private Limited
- Botanica Natural
Products
- Aayuritz
Phytonutrients Pvt.Ltd.
- HNCO Organics
Private Limited
- Moringa
Initiative
- Green Virgin
Products
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“The global
moringa ingredients market is poised for exciting growth as it aligns with
emerging trends in consumer preferences for natural, sustainable, and
health-focused products. From innovative moringa-based foods and supplements to
increased transparency and ethical sourcing, these trends will shape the future
of the moringa industry. As consumer awareness of the nutritional and medicinal
benefits of moringa continues to expand, the market's potential for growth
remains strong,” said Mr. Karan Chechi, Research Director with TechSci
Research, a research-based management consulting firm.
“Moringa Ingredients Market By Source
(Leaves, Seed, Roots, Flowers, Others), By Origin (Organic, Conventional), By
Application (Food & Beverages, Pharmaceuticals, Cosmetics & Personal
Care, Others), By
Region, By Competition Forecast
& Opportunities, 2018-2028F”, has evaluated the future growth
potential of Global Moringa Ingredients Market and provides statistics &
information on market size, structure and future market growth. The report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in Global Moringa Ingredients Market.
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