Global Moringa Ingredients Market

Moringa Ingredients Market: Insights

Moringa, also known as the drumstick tree or horseradish tree, is a plant belonging to the Moringaceae family. Medicines are made by making use of plant leaves, fruit, flowers, seeds, roots, and bark. Moringa leaf powder, moringa oil, moringa seed capsules, and moringa tea are all made from them. It has been extensively used for decades due to its medical and health advantages. Moringa has antiviral, anti-depressant, anti-inflammatory, and antifungal properties. It also contains minerals, vitamins, and proteins, among other things. With the rising demand for water purification applications, the moringa ingredients market will gather momentum.

The global moringa ingredients market is booming. Factors driving the market's expansion include an increase in the elderly population's demand for nutritional supplements, a spike in the number of people who opt for healthier food, and an increasing emphasis on self-care among people. Moringa can be used to relieve edema, nurture and protect the hair and skin, combat infectious disease, protect the liver, strengthen bones, prevent kidney problems, cure diabetes, and in lowering the blood pressure level.

Moringa is also a valuable source of food, and the oil derived from its seeds is being used in hair care products, food, and perfume. Because of both of these advantages, Moringa is commonly used in the cosmetics and healthcare industries, leading to the global market's expansion. An increase in spending power, rising demand due to its rich nutritional value, and a change in customer preferences toward plant-based goods are all contributing to the market's expansion. Moreover, the emergence of moringa oil as a viable alternative to standard biodiesel may create significant growth prospects for the global moringa ingredients market over the forthcoming years. Besides that, by eating powdered leaves, pregnant women and lactating mothers with vitamin E and A deficiency may improve the nutrition of their infants.

However, the availability of other plant-based goods and government regulations can limit the global moringa ingredients market's expansion.

The global moringa ingredients demand grew at a sluggish pace during the Covid-19 pandemic. Most countries were required to enact stringent lockdowns and limits on travel and trade as a result of the epidemic. This disrupted product manufacturing when many businesses, including cosmetics, were forced to shut down their manufacturing plants. The instability in the supply chain resulted in a shortage of raw materials, which led to a drop in final product manufacturing. Demand fell during the pandemic as a result of a shift in customer preferences and their limited buying power. Many of these factors stifled the market's expansion in 2020. However, owing to its excellent nutritional value, the global moringa ingredients market is expected to expand at a healthy pace in the near future as restrictions on staff movement are eased and lockdown is lifted.

Moringa Ingredients Market: By Source

Because of the rising demand for nutritional supplements and food applications, the global moringa leaf powder market is projected to generate the greatest profit share. The demand is expected to rise due to the rising use of leaf powder and leaves for the treatment of fever, arthritis, and other disorders. Market development could be aided by the demand for herbal and botanical supplements. Concerns about glutamic disorder are growing in the United Kingdom, Japan, United States, and Germany, which may fuel demand for plant-derived nutrients.

During the forecast period, the moringa leaf powder market size from nutritional supplements application is expected to grow at the fastest pace. Rapid urbanization in Germany, the United States, China, the United Kingdom, and India, as well as increasing health consciousness among people, may boost consumer demand. Furthermore, due to nutritional deficiencies, the incidence of conditions such as obesity, atherosclerosis, and cardiovascular disease may lead to increased market demand.

Because of its demand in the food and cosmetics sectors, the moringa oil and seed segment is expected to grow at the fastest rate during the forecast period. Because of its functional characteristics such as oxidative stability, non-GMO, and moisturization, it is becoming increasingly popular in the cosmetics market.

Moringa Ingredients Market: By Application

The cosmetics and personal care application category accounted for a large share of sales due to widespread use of the substance due to its moisturizing properties and the advantages associated with collagen stimulation, which help to reduce sagging skin, wrinkles, and fine lines.

The food & beverage application market, on the other hand, is anticipated to experience substantial growth due to increased consumer awareness of the relationship between fitness, food, and nutrition, as well as rising demand for functional ingredients derived from plants such as Moringa oleifera. The herb is also referred to as the ‘natural nutrition of the tropics.' Several food nutrition experts and scientists advocate for Moringa oleifera's use, consumption, and cultivation. The use of moringa leaf as a supplementary food source to combat hunger in babies and children has grown in popularity.

Because of the tremendous nutritional and medicinal properties that have been identified in Ayurvedic and Unani medicine, the pharmaceutical application category is expected to see significant demand. In traditional medicines, almost every component of the herb, including the root, bark, seed oil, leaf, gum, and seed, has been used to treat a variety of conditions.

Moringa Ingredients Market: By Region

In terms of sales, Asia Pacific had the highest market share in 2020. One of the major factors boosting the sector in emerging countries like the Philippines, India, and China is increasing consumer awareness of moringa's nutritional and health advantages. Consequently, due to the growing rise of veganism, which is opening the way for plant-based products and a revolution in consumer dietary preferences is estimated to drive up the market for the product.

Rapid urbanization resulting in altered food intake choices and trends, increasing consumer tendency toward workouts, and increasing consumer intake of food supplement products are key factors estimated to fuel demand growth in the Asia Pacific during the forthcoming years.

Because of customer preference for plant-based foods, North American nations such as the Canada and United States are projected to see rising demand over the forecast period. This trend is pushing manufacturers to use plant-based ingredients to improve supplements, food, and cosmetics products. Furthermore, rising healthcare issues are assisting market growth.

With the increasing usage of organic food supplements, the product is rapidly gaining popularity in Europe. Moringa dried leaves are offered for a variety of nutritional and health advantages, depending on their antioxidant activity and chemical structure. The rise in the global moringa market could present opportunities for a distributor. Currently, India is presently the most important supplier.

Moringa Ingredients Market: Share & Competitor Analysis

Some of the prominent participants in the moringa ingredients market are Ancient Greenfields Pvt Ltd, Organic India Pvt Ltd., Kuli Kuli, Inc., Earth Expo Company, Grenera.Com, Herbs & Crops Overseas, and Saipro Biotech Private Limited.

Please note: This is not an exhaustive list of companies profiled in the report.