Reports and Insights freshly added a report titled “Moringa Ingredients Market: Opportunity Analysis and Future Assessment 2022-2030” in its database of market research reports which offers its readers a detailed and profound analysis on the fresh growth opportunities, trends and growth drivers that are closely linked with the growth of the market. The report further provides crucial insights on the COVID-19 impacts on the Moringa Ingredients Market along with the compound growth rate (CAGR) of the market for a forecasted period between 2022 and 2030. The report also comprises assessment of the market by employing various analytical tools, such as Porter’s five forces analysis and PESTEL analysis. These tools also offer an in-depth analysis on the micro and macro-environmental factors that are related to the growth of the market over the projected period.
The moringa ingredients market is expected to reach US$ 10.2 Bn by 2030 from US$ 5.5 Bn in 2022, at a CAGR of 7.9% during the forecast period of 2022 to 2030.
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Moringa Ingredients Introduction
Moringa oleifera is an average-sized tree and is commercially cultivated majorly for its leaves, pods, and seeds. Although the moringa tree has several different names, including drumstick tree, horseradish tree, and benoil tree, it is often referred to as a “wondertree” owing to its multiple uses and numerous benefits.
Moringa is, most of the time, cultivated in semi-arid, subtropical, and tropical areas in almost every kind of soil conditions, however it cannot be cultivated in cold areas as the roots turn rotten in water logged areas.
Over the past decade, Moringa oleifera which is considered a tropical, multipurpose tree has grown and matured from being pretty much unknown, most of the time even unheard of, to being a fresh and promising economic as well as nutritional resource for developing countries.
Moringa oleifera leaves are becoming widely popular owing to the factors like it is highly rich in minerals, vitamins, and proteins as well as it is easy to grow, which further provides it opportunities to serve its utility in numerous projects combating against malnutrition. By the same token, cultivating moringa leaves is also a means of developing the food processing industry, generating agricultural income, and establishing new businesses in the present-day world.
In addition to that, all other parts of moringa oleifera tree can also be used, such as moringa seeds can be used for producing oil, the moringa pods can be used for usual consumption as well as for medicines. At the bottom, the entire moringa tree is extremely useful and nutritious, which is projected to drive the global moringa ingredient market rapidly in the forthcoming future.
Moringa Ingredients Market Dynamics
Moringa oleifera is a greatly acclaimed plant, disseminated in several countries of the tropics and subtropics. It has a massive range of medicinal uses along with immense nutritional value. All the parts of the moringa oleifera tree contain a different profile of essential proteins and minerals and are a rich source of vitamins, amino acids, beta-carotene, and various phenolics.
Over the past decade, the moringa oleifera tree has grown popular in the fight against malnutrition, as well as used as a means of developing the food processing industry, generating agricultural income, and establishing new businesses. Owing to which, the global moringa ingredients market is expected to grow briskly in the upcoming years.
With the same token, the moringa powder is highly valued as an extremely nutritious food and comprises various essential and nourishing compounds such as vitamin A, vitamin B1, folate, calcium potassium, iron, and zinc. In addition to that, it does not contain any harmful cholesterol and is also very low on fats, which further helps it gain momentum in the global markets. Attributing to which, the global moringa ingredients market is projected to escalate higher in the near future.
Other than that, owing to its numerous medicinal benefits, the moringa ingredients further gains massive traction in the global markets. Moringa oleifera is a tree which proves to be highly beneficial for severe medical conditions such as obesity, diabetes, and others.
With the same token, Moringa seeds, gum, leaves, flowers, pods, and bark have characteristics to alleviate mineral and vitamin shortcomings, strengthen usual blood glucose levels, offer assistance for a strong and healthy cardiovascular system, enhance immune system and body’s anti-inflammatory mechanisms, nullify free radicals, as well as enrich anemic blood. Attributing to which, the global moringa ingredients market is estimated to shoot up rapidly over the coming years.
Furthermore, other factors like rising demand for nutritional food supplements due to growing awareness regarding nutrition, soaring geriatric population, chaotic lifestyle, as well as surging disposable income are also playing a positive role in accelerating the growth of the global moringa ingredients market over the forecast period.
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Moringa Ingredients Market Segmentation
The global moringa ingredients is segmented on the basis of source, application, and regions. On the basis of source, the moringa ingredients market is segmented into leaves, seed, oil, and others. On the basis of application, the market is categorized into food & beverages, cosmetics & personal care, pharmaceuticals, and others.
By Source
Leaves
Seeds
Oil
Others
By Application
Food & Beverages
Cosmetics & Personal Care
Pharmaceuticals
Others
By Region
North America
Latin America
Africa
Europe
Asia Pacific
Middle East
Moringa Ingredients Market Key Players
The global moringa ingredients market is dominated by Earth Expo Company, Ancient Greenfields Pvt Ltd., Kuli Kuli, Inc., Grenera.Com, Saipro Biotech Private Limited, Herbs & Crops Overseas, Organic India Pvt Ltd., among others.
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