Moringa products market accounted for US$ 4,506.6 Mn in 2018 and is expected to grow at a CAGR of 8.5% during the forecast period 2019 - 2027, to account for US$ 9,290.1 Mn by 2027.
Asia Pacific accounted for the largest share of the global moringa products market. With the growth in the consumption of dietary supplements, pharmaceuticals, and cosmetics, the demand for moringa products has substantially gone up in India, China, and Japan, which is boosting the overall sales of these products in the Asia Pacific region. Also, increasing consumer’s awareness of the uses and benefits of moringa products is also propelling the growth of the market in the region. Also, manufacturers are investing in research and development activities to diversify the use of moringa products. This has also surged the growth of moringa products market in the Asia Pacific region.
Almost all parts of the moringa tree, including leaves, roots, and fruits, are eaten or used as ingredients in traditional herbal medicines. The leaves and pods are commonly eaten in parts of Africa and India. In Western countries, the dried leaves are usually sold as dietary supplements, either in capsule or powdered form. Compared to the leaves, the pods have lower mineral and vitamin content; however, they are rich in vitamin C. The diet of people in the developing nations usually lacks vitamins, minerals, and protein. Moringa products serve to be a vital source of many essential nutrients and antioxidants. Antioxidants are the compounds acting against free radicals in the body. Higher levels of free radicals can lead to oxidative stress, which can be associated with chronic diseases such as heart diseases and type 2 diabetes. Over the past few years, consumers have become more aware of the advantages of moringa products, which is likely to boost the moringa products market.