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Moringa Products Market Size

ID: MRFR//5495-CR | 112 Pages | Author: Pradeep Nandi| February 2021

Market Size Snapshot

YearValue
2024USD 5.5 Billion
2032USD 11.2 Billion
CAGR (2024-2032)9.2 %

Note – Market size depicts the revenue generated over the financial year

The Moringa products market is set to grow at a CAGR of 11.2% from 2018 to 2032. The same study forecasts the global Moringa seed market to grow at a CAGR of 10.6% from 2018 to 2032. Among the many reasons for this growth is the rising awareness of the nutritional and medicinal properties of the plant. Moreover, the growing popularity of plant-based diets and natural supplements is also driving the market. Technological advancements in the fields of agriculture and product development are also contributing to the market growth. Moreover, new extraction and formulation methods are improving the quality of the products and making them more attractive to consumers. Also, several players such as Kuli Kuli, Moringa Source, and Organic India are launching new products and entering into strategic collaborations. Kuli Kuli has expanded its product offerings to include moringa-based snacks and supplements. Organic India, on the other hand, is focusing on sustainable sourcing and organic certification to establish itself as a leading player in the market.

home-ubuntu-www-mrf_ne_design-batch-3-cp-moringa-products-market size

Regional Market Size

Regional Deep Dive

Moringa products market is a worldwide industry with a large market share. The moringa products market is a worldwide industry with a large market share. The moringa products market is mainly driven by increasing health awareness and the rising demand for natural and organic products. In North America, Europe and Asia-Pacific, the market is characterized by a growing trend towards plant-based nutrition. In these regions, moringa has been recognized for its nutritional value and its potential health benefits. In the Middle East and Africa, the market is characterized by a rise in the local cultivation of moringa and the export of moringa products. In Latin America, moringa is starting to be used in food and cosmetics. Each region is characterized by its own market dynamics influenced by cultural preferences, regulations and economic conditions, which in turn shape the future of the moringa products market.

Europe

  • European consumers are increasingly seeking out Moringa for its antioxidant properties, with brands like Purasana and Moringa Oleifera Europe launching a variety of Moringa-based products, from teas to energy bars.
  • The European Union's stringent regulations on food safety and organic certification are pushing Moringa producers to adopt sustainable farming practices, which is likely to improve product quality and appeal to eco-conscious consumers.

Asia Pacific

  • In Asia-Pacific, countries like India and the Philippines are not only major producers of Moringa but are also seeing a rise in domestic consumption, with local companies like Moringa Farms promoting Moringa as a superfood in traditional diets.
  • Government initiatives in India aimed at promoting Moringa cultivation as a means to improve rural livelihoods are expected to boost production capacity and export potential, further solidifying the region's position in the global market.

Latin America

  • Latin America is beginning to explore the potential of Moringa in both food and cosmetic applications, with companies like Moringa Life leading the way in product development and market education.
  • The region's diverse climate allows for the cultivation of Moringa, and local governments are starting to recognize its economic potential, which may lead to increased investment in Moringa farming and processing facilities.

North America

  • The rise of health-conscious consumers in North America has led to an increased demand for Moringa supplements and powders, with companies like Kuli Kuli Foods and Moringa Source leading the charge in product innovation and distribution.
  • Recent regulatory changes by the FDA regarding dietary supplements have encouraged more companies to enter the Moringa market, ensuring that products meet safety and labeling standards, which is expected to enhance consumer trust and market growth.

Middle East And Africa

  • The Middle East is witnessing a growing interest in Moringa as a natural remedy, with companies like Moringa Health and local herbalists incorporating it into traditional medicine, which is driving demand for Moringa products.
  • Moreover, in Africa, the African Moringa Network has taken up the task of encouraging the development of the cultivation of moringa. This will strengthen the local economies and make moringa products more widely available in the local and international markets.

Did You Know?

“Moringa leaves contain seven times the vitamin C of oranges and four times the calcium of milk, making it a powerhouse of nutrition that is gaining popularity worldwide.” — World Health Organization (WHO)

Segmental Market Size

The Moringa market is growing rapidly due to growing awareness of the nutritional and health benefits associated with the tree. In particular, the trend towards plant-based diets and the increasing popularity of natural food supplements, particularly among health-conscious consumers, are driving demand. Regulations supporting herbal products are also enhancing market potential, as seen in North America and Europe where health claims for Moringa are increasingly being accepted. At present, the market for Moringa products is in its mature phase with companies such as Kuli Kuli and Moringa Source leading product innovation and distribution. These companies are using Moringa in a range of applications, including dietary supplements, food and beverages, and cosmetics, highlighting the versatility of the product. This is expected to continue as consumers seek out ethically sourced, sustainable products. Technological advances, such as advanced extraction methods and formulation, are shaping the market, ensuring that it meets consumer demands.

Future Outlook

During the forecast period, the market value for moringa products is projected to grow from $5.5 billion to $11.1 billion, with a strong CAGR of 9.2 percent. This growth is being driven by an increasing awareness of health and wellness among consumers, as well as the growing demand for dietary supplements, functional foods, and cosmetics. Among consumers who are interested in natural and organic products, moringa, which is known for its high nutritional value and anti-oxidant properties, is expected to penetrate the mass market. Among health-conscious consumers, the use of moringa could reach 30 percent by 2032. In addition, the development of extraction and processing methods will improve the quality and availability of moringa products, thereby increasing their appeal. Also, supportive government policies will further boost the market. Also, the rise of plant-based diets and the growing popularity of superfoods will also play a role in shaping the moringa products market. In order to keep up with these trends, the industry must be flexible and continue to develop.

Covered Aspects:
Report Attribute/Metric Details
Market Size Value In 2022 USD 5.1 Billion
Market Size Value In 2023 USD 5.5 Billion
Growth Rate 9.20% (2023-2032)
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