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Home ➤ Food and Beverage ➤ Food Ingredients ➤ Moringa Ingredients Market
Moringa Ingredients Market

Moringa Ingredients Market

Published date: Apr 2022 • Formats:
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  • Home ➤ Food and Beverage ➤ Food Ingredients ➤ Moringa Ingredients Market

Global Moringa Ingredients Market By Type (Moringa Leaf, Moringa Oil), By Application (Food, Cosmetics, Pharmaceutical), By Region and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2019–2028

  • Published date: Apr 2022
  • Report ID: 25696
  • Number of Pages: 266
  • Format:
  • Overview
  • Table of Contents
  • Major Market Players
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    Moringa Ingredients Market Overview

    The global market for moringa ingredients was valued at US$ 7.50 billion in 2021. This market is forecast to grow at an 8.7% compounded annual growth rate from 2023-2032. A wide range of products is available for use in the food & beverage, dietary, and pharmaceutical industries, as well as the increasing demand for moringa components.

    Global Moringa Ingredients Market

    Source Analysis

    The market was dominated by the leaves segment, which accounted for 44.6% of total revenue in the base year 2021. This nutritive property is gaining popularity in food and beverages, pharmaceuticals, and the beauty & personal care industry. Major players are capitalizing on these nutritive attributes and expanding their product ranges in the market. The revenue share for the seeds segment was 33.1% in 2021. These seeds are mainly derived from the fruit/pods of the Moringa tree. For sowing purposes, approximately 6.5 kg of Moringa Oleifera seeds is needed for an acre. These seeds are of high quality to increase productivity. The plantation can be done either by seeds or directly by plants at any given time throughout the year.

    Moringa seeds contain nutrients such as oleic acids (Ben oil), antibiotics named pterygospermin, and essential fatty acids linoleic and linoleic acids. It also contains phytochemicals like tannins. Moringa seeds also contain fats and fiber, vitamins A, B, and C, amino acids, and minerals. These nutritional properties are being increasingly recognized by health-conscious people, which supports the increase in demand for seeds around the globe. Also, moringa seeds have healing properties. They can be used to treat hyperthyroidism.

    Crohn’s, Crohn’s, antiherpes complex virus arthritis, rheumatism, and sexually transmitted disease. Further contributing to market growth is the increased use of moringa ingredients in pharmaceutical companies for the manufacture of medicines. Moringa seeds have an edible oil, which is commonly known as “Ben Oil” or ” Benol Oil”. This oil can be used in cooking, salad dressings, and as a substitute for olive oil. The benol is safe for human consumption, as well as for commercial uses such as Biodiesel and cosmetics. Additionally, the seed cake that is derived from oil extraction can be used for wastewater treatment and can be used as an organic fertilizer in order to increase agricultural productivity.

    Moringa Ingredients Market

    Origin Analysis

    The market’s largest segment, the organic, dominated by the highest CAGR of 9.9% between 2023-2032. Organically cultivated moringa is renowned for its health benefits. It is grown using non-GMO farming methods, which supports the growth of the market. Organically grown matured fruit/pods, leaves, and flowers are all key ingredients in organically cultivated moringa. Organic ingredients are safer to eat than conventional ones. Natural and organic ingredients don’t cause severe environmental pollution.

    Manufacturers in all industry verticals (food & beverages, cosmetics, and personal-care, pharmaceuticals) are increasingly using naturally derived ingredients due to consumer demand for environmentally friendly products. Farmers also use organic fertilizers to enhance their agricultural productivity. This is done by analyzing the end-use market trends. Organic food products are increasingly popular due to their health benefits, particularly among the elderly.

    Application Analysis

    Food and beverages account for 52.8% of the total revenue share in 2021. The market’s largest share is due to ready-to-cook products like moringa powder, moringa tea, and ready-to-eat moringa chocolates. The food and beverage industry has the highest revenue share due to the growing demand for functional food from the urban population around the globe. The health benefits of moringa products, such as pods/seeds and leaves, flowers, barks, and honey, support its growth in food and beverage. The application market is growing because of the common nutrients found in moringa-derived ingredients, including protein, fat carbohydrates., fiber, vitamins A1, B2, C3, E, calcium, and magnesium. phosphorus. Moringa olifera contains four times as much calcium as milk, four times as much vitamin A as carrots, seven times as much vitamin C as oranges, and three times as much potassium as bananas, according to the US National Library of Medicine, National Institutes of Health. Its demand and usage in the beverage, food and health industries have increased as a result of this nutritional factor. Startups are putting their innovative ideas to use in order to make profits in rapidly changing markets. These young entrepreneurs are now investing in the field to make handsome profits for their respective businesses. One of the Indian Doctors founded the company which sells sugar-free sugarless cookies made from various vegan ingredients such as ragi, jowar, oats, flaxseed, and amaranth.

    The products of these startups can be found in 17 cities and 72 shops. In addition to earning around Rs. 33 lakh, they have prevented the emission of 825 kilos into the atmosphere. According to Oxford University, reducing animal product consumption by 50% and replacing it with a plant-based diet results in a reduction of Greenhouse Gases emissions of 73%.

    This is only one example, but there are many other startups in the market. They are also making significant profits. One factor driving the growth of innovative ideas in the local and international markets is the government’s support for developing countries like India.

    Key Market Segments

    Source

    • Seed

    • Leaves

    • Flowers

    • Roots

    • Others

    Origin

    • Conventional

    • Organic

    Application

    • Food & Beverages

    • Cosmetics & Personal Care

    • Pharmaceuticals

    • Others

    Market Dynamics

    These are the components of moringa, including bark, seeds, pods, and flowers. They are all derived from the tree to provide nutritive properties. These ingredients provide a wealth of nutrients, including protein, carbohydrates, calcium, and phosphorus as well as vitamins, beta-carotene, and many other bioactive compounds. This market is being supported by the continuously expanding food & beverage industry and growing awareness about the nutritional benefits of moringa.

    India’s market for moringa ingredients was dominated by the traditional origin segment in 2020. This can be attributed to India’s high productivity of its cultivators. Market value in India is largely supported by its favorable weather conditions and the quality of the land. The market is also supported by a growing awareness of the health benefits of moringa, which can be used in a variety of products such as functional foods, teas, and dietary supplements.

    According to estimates, the Indian moringa market will see potential growth between 2023 and 2032. The country’s farmers are constantly improving their agricultural practices, thanks to the increased automotive reach and new learnings in agriculture. This is supporting market growth. Farmers are replacing their traditional methods of cultivation with modern techniques that increase their income.

    The supply of moringa leaves, pods, or other nutrients is crucial to the success of this market. These raw materials are sourced from the major players, while the Moringa cultivation is expanding in the non-native regions of North America, South America, and Europe to meet the growing demand across all industry verticals.

    Regional Analysis

    The Asia Pacific dominated this market and was responsible for 44.6% revenue share in 2021. India is the largest country to grow and supply moringa on the global market. This is because of its favorable climate. The regional market value is supported by the increasing learning of farmers as well as technological advances in agriculture.

    Functional food is becoming more popular in emerging countries like India and China due to their rapid urbanization. The increasing awareness of the health benefits associated with moringa components is driving revenue share and continuous improvement. These countries are seeing significant improvements in agricultural practices as well as technological advancements. Increased moringa cultivation has resulted in increased distribution and supply of the ingredients at the local and regional levels. This results in a higher revenue share for the regional market.

    August 2021 saw MRK Paneselvam, Minister for Agriculture, say in favor of Moringa. While presenting the budget, he stated that the high nutritional value of the drumstick and the value-added products made in Tamil Nadu have huge export potential. Theni (Madurai), Thoothukudi, and Ariyalur are all major moringa-growing regions. These districts, along with Tiruppur, have significant export potential. To increase export potential, a special export facilitation facility will likely be established in Madurai at a cost of Rs 1 million. Minister says Tamil Nadu is responsible for 24% of world moringa production. Six of the 13 most loved moringa varieties are found in the state.

    The Asia Pacific is expected to show the fastest growth over the forecast period of 2023-2032. This is due to the growing market demand from the developing economies in the region and the rising purchasing power of the population. In Asia Pacific countries like India and China are high potential markets. This is why innovative products are on the rise.

    The Middle East & Africa was second to the Asia Pacific, accounting for 16.8% of the 2021 revenue share. This is because of the presence in Africa of moringa-producing countries like Ethiopia, Sudan, Somalia, and Northern Kenya. These countries have suitable soil conditions and weather for the cultivation of moringa. With the aim of encouraging the production, consumption, and commercialization of Moringa, the Moringa Development Association of South Africa, (MDASA), was formed in 2013. Since its incorporation in 2013, the number of farmers growing moringa in South Africa has increased significantly, especially in the provinces of Limpopo, Gauteng, and Mpumalanga.

    Because of unfavorable conditions in the native countries for the production and import of nutritional ingredients, regional populations are heavily dependent upon the moringa crop as a source of income and nutrition. This is one reason for the potential regional market share.

    Many of the actors are inclined toward Africa to grow moringa. This will provide income streams for the families and women who live on the right kind of farms for their moringa production, as well as expand their businesses. Botanica Natural Products partnered with several other stakeholders in 2018, for example. The company’s moringa program has seen its potential grow from 20 farmers to 60, and each farmer now has four workers. This has resulted in an additional 300 job creations. The company also offers training for farmers involved in small business management and agriculture.

    Moringa Ingredients Market Value Regional Share

    Key Regions and Countries covered іn thе rероrt:

    • North America

      • US

      • Canada

      • Mexico

    • Europe

      • Germany

      • UK

      • France

      • Italy

      • Russia

      • Spain

      • Rest of Europe

    • APAC

      • China

      • Japan

      • South Korea

      • India

      • Rest of Asia-Pacific

    • South America

      • Brazil

      • Argentina

      • Rest of South America

    • MEA

      • GCC

      • South Africa

      • Israel

      • Rest of MEA

    Market Share Analysis

    Globally, the market is fragmented. This has made it more difficult for players to compete. Players are expanding their reach to meet the growing demand for moringa components in the market. In order to increase their profit margins, players focus on farmers’ productivity and the cultivation of moringa. Moringaconnect, for instance, is a player that sources moringa products from Ghana and provide income to remote populations. It has already planted more than 2,000,000 trees in Ghana and provided over $415,000 in income to more than 2,300 rural families. It is a fragmented market with many small and medium players in the Asia Pacific, North America, the Middle East, and Africa. Companies are constantly working to increase awareness and grow farmers around the world.

    Moringa Ingredients Market Company Share anlysis

    Key Market Players

    Some of the most prominent players in the moringa market are:

    • Earth Expo Company

    • Organic India Pvt. Ltd.

    • Ancient Greenfields Pvt. Ltd

    • KuliKuli Inc.

    • Botanica Natural Products

    • Grenera Nutrients Pvt.

    • Herbs & Crops Overseas

    • Aayuritz Phytonutrients Pvt. Ltd.

    • Green Virgin Products LLC

    • Other Key Players

    For the Global Moringa Ingredients Market research study, the following years have been considered to estimate the market size:

    Attribute Report Details

    Market Size in 2022

    7.50 Billion

    Growth Rate

    8.7%

    Forecast Value in 2032

    18.77 Billion

    Historical Years

    2016-2020

    Base Year

    2021

    Estimated Year

    2022

    Short Term Projection Year

    2028

    Projected Year

    2023

    Long Term Projection Year

    2032

    Report Coverage

    Competitive Landscape, Revenue analysis, Company Share Analysis, Manufacturers Analysis, Volume by Manufacturers, Key Segments, Key company analysis, Market Trends, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis, strategy for existing players to grab maximum market share, and more.

    Regional Scope

    North America, Europe, Asia-Pacific, South America, Middle East & Africa

    Country Scope

    United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa

    Frequently Asked Questions (FAQ)

    What is the size of the Moringa Ingredients market in 2021?

    The Moringa Ingredients market size was US$ 7,500.3 million in 2021.

    What is the projected CAGR at which the Moringa Ingredients market is expected to grow at?

    The Moringa Ingredients market is expected to grow at a CAGR of 8.7% (2023-2032).

    List the segments encompassed in this report on the Moringa Ingredients market?

    Market.US has segmented the Moringa Ingredients market by geographic (North America, Europe, APAC, South America, and Middle East and Africa). By Source, market has been segmented into Seed, Leaves, Flowers, Roots, and Others. By Origin, the market has been further divided into Conventional and Organic. By Application, market has been segmented into Food & Beverages, Cosmetics & Personal Care, Pharmaceuticals, and Others.

    List the key industry players of the Moringa Ingredients market?

    Earth Expo Company, Organic India Pvt. Ltd., Ancient Greenfields Pvt. Ltd, KuliKuli Inc., Botanica Natural Products, Grenera Nutrients Pvt., Herbs & Crops Overseas, Aayuritz Phytonutrients Pvt. Ltd., Green Virgin Products LLC, and Other Key Players engaged in the Moringa Ingredients market.

    Which region is more appealing for vendors employed in the Moringa Ingredients market?

    Asia Pacific is accounted for the highest revenue share of 44.6%. Therefore, the Moringa Ingredients industry in Asia Pacific is expected to garner significant business opportunities over the forecast period.

    Name the key areas of business for Moringa Ingredients?

    China, Japan, India, Australia, Brazil, Argentina, UAE, Etc., are key areas of operation for Moringa Ingredients Market.

    Which segment accounts for the greatest market share in the Moringa Ingredients industry?

    With respect to the Moringa Ingredients industry, vendors can expect to leverage greater prospective business opportunities through the leaves segment, as this area of interest accounts for the largest market share.

    Moringa Ingredients Market
    Moringa Ingredients Market
    Published date: Apr 2022 • Formats:
    add_shopping_cartBuy Now get_appDownload Sample
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  • account_circleAbout Me
  • ondemand_videoVideos
    • Earth Expo Company
    • Organic India Pvt. Ltd.
    • Ancient Greenfields Pvt. Ltd
    • KuliKuli Inc.
    • Botanica Natural Products
    • Grenera Nutrients Pvt.
    • Herbs & Crops Overseas
    • Aayuritz Phytonutrients Pvt. Ltd.
    • Green Virgin Products LLC
    • Other Key Players
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