Moringa Products Market Trend | COVID – 19 Outbreak, Key Players and Forecast to 2025
Market Analysis
Moringa grows in the tropical and subtropical regions across the world. Moringa is high in nutrition due to the presence of a several essential phytochemicals in seeds, pods and leaves. Additionally, moringa is easily cultivable which leads to increasing usage of the plant in various applications. Moringa is enriched with phytosterols such as sitosterol, stigmasterol, and kampesterol, these molecules stimulate the mammary gland ducts to produce milk in lactating mothers. Moringa is used to treat malnutrition in children younger than three years. Considering these factors, there is an increasing demand of moringa products in the market.
Global Moringa Products Market has been segregated, by application, into functional food & beverages, personal care, pharmaceuticals & nutraceuticals, animal feed, and others. The pharmaceuticals & nutraceuticals segment is projected to gain largest share in the global moringa products market due to the major application of moringa products in nutraceuticals. The high antioxidant activity of moringa leaves categorize them as superfoods and play a vital role as a food supplement. However, the personal care segment is anticipated to grow with the highest growth rate during the forecast period owing to the significant growth of personal care and cosmetics sector.
Key Players:
Some of the key players in the Global Moringa Products Market Trend are Kuli Kuli, Inc. (the US), Ancient GreenFields Pvt Ltd. (India), Organic India Pvt. Ltd. (India), Nova Nutritions (the US), Only Natural Inc. (the US), Grenera (India), Earth Expo Company (India), Moringa Source LLC (the US), Givaudan (Switzerland), and Dawn Moringa (India).
Regional Analysis
Global Moringa Products Market has been segmented on the basis of region, into North America, Europe, Asia-Pacific, and Rest of the World.
Asia-Pacific is expected to dominate the global moringa products market owing to the large production of moringa in the region. Countries such as India, Thailand, the Philippines and Indonesia are among the largest producers of moringa in the region.
Europe and RoW moringa products market are expected to grow at a rapid pace due to the surging production and consumption of moringa products in the regions. Moreover, North America is also expected to project a significant market share owing to the increasing awareness regarding the health benefits of moringa products and increasing preference of healthy food among the consumers in the region.
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Segmentation
Global Moringa Products Market has been segmented on the basis of type, category, application, and region.
The global moringa products market has been divided, by type, into leaves & leaf powder, seeds & seed oil, and others
Based on category, the global moringa products market has been segregated into organic and conventional.
By application, the global moringa products market has been classified as functional food & beverages, personal care, pharmaceuticals, nutraceuticals, animal feed, and others.
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