Moringa Ingredients Market

Moringa Ingredients Market Size Analysis

According to a recent survey conducted by ChemView Consulting, the Global Moringa Ingredients Market grew at a CAGR of 8.3% between 2017-2021 and is estimated to be US$ 6421.3 Mn in 2022. Currently, the market is anticipated to grow at a CAGR of 8.0% and is expected to reach a valuation of US$ 13,863.1 Mn by 2032 end.

The drumstick tree-like moringa plant offers many health advantages. Because of their antifungal, antidepressant, and anti-inflammatory characteristics, moringa ingredients like leaf powder, moringa oil, and moringa seeds are widely employed in various industries, including food and beverage, pharmaceutical and nutraceutical, and personal care.

Additionally, moringa includes vitamins A, B2, and B3, calcium, potassium, iron, magnesium, zinc, and ascorbic acid, among other nutrients. Ingredients from moringa nourish and protect hair and skin, reduce edema, protect the liver, and aid in treating several malignancies. Additionally, they help with digestion and alleviate stomachaches.

Market Dynamic

THE GROWING UTILIZATION OF MORINGA INGREDIENTS IN THE PROCESSED FOOD INDUSTRY IS DRIVING THE MARKET

The demand for functional components from plant sources like moringa oleifera has increased as consumer awareness of healthy and nutritional meals has grown. The moringa tree’s leaves, pods, and seeds provide a variety of antioxidants and dietary advantages.

Fresh and dried moringa leaves are used in food to enhance flavor and nutritional value. Given their long shelf life, dried leaves are incredibly easy to store. After being dried, the concentrated nutrients in moringa leaves produce a unique and opulent flavor profile. Foods like soups, halwa, and chocolates employ moringa components to boost their nutritional, crude fiber, protein, and ash content.

HEALTH ISSUES RELATED WITH CONSUMPTION RESTRAIN THE MARKET

Consuming moringa is unsafe because the tree’s roots and bark contain harmful materials. Moringa seeds that have been roasted contain mutagens such as 4-(lramnopyranosyloxy)-benzyl glucosinolate, which can cause some genes to malfunction or accumulate mutations that may cause cancer.

Saponins, a naturally occurring substance that may produce foam resembling soap in aqueous solutions, are present in high concentrations in the moringa plant leaves and can be dangerous. The poisonous compounds found in the tree’s roots and bark, such as moringa spirochin, alkaloids, and the phytochemical benzothiocyanate, could impede the increase of demand for moringa ingredients on the international market.

POTENTIAL USE OF MORINGA INGREDIENTS IN COSMETICS & PERSONAL CARE PRODUCTS

The cosmetics industry increasingly uses moringa leaves and fruits for their fragrant properties. Their inherent protective qualities are also utilized to shield the skin from harsh and arid environments. The emollient, lubricating, and soothing qualities of moringa extracts are used to replenish the skin’s natural oils and enhance general moisture levels.

Additionally, sebaceous fatty acids, which are odorless, transparent, resistant to rancidity, and compatible with the majority of the skin’s surface, are present in moringa. The use of moringa as an ingredient in cosmetic goods is expanding due to its cleaning, regular moisturizing, and emollient qualities. Since moringa ingredient products combine well with essential oils and are regarded as an excellent carriers, they are also used in massage oils and aromatherapy.

Market Segments Covered in Report

By Source:

• Leaves
• Seed
• Roots
• Flowers
• Others

By Origin:

• Organic
• Conventional

By Application:

• Food & Beverages
• Pharmaceuticals
• Cosmetics & Personal Care
• Others

By Region and Country:

• North America (U.S., Canada)
• Latin America (Brazil, Mexico, Rest of Latin America)
• Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
• Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
• Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
• Africa (South Africa, Nigeria, Egypt, Rest of Africa)

Segment-Wise Analysis

Why is Organic estimated to account for the largest market share?

The organic segment dominated the market, which is also expected to grow at the quickest rate, with a CAGR of 11.2% from 2023 to 2032. Because organic moringa is produced using non-GMO farming techniques, health benefits encourage its growth and demand in various market uses. Organically developed ripe fruits/pods, mature leaves, mature flowers, and organically grown roots are frequently included as the main components promoting the quickest growth of organically cultivated moringa.

Why are Food & Beverages expected to expand the fastest during the forecast period?

The food and beverage industry will account for 54.6% of total revenue. The section includes ready-to-cook product lines like moringa powder and moringa tea and ready-to-eat products like moringa chocolates, cakes, juices, and lattes, which account for the largest market share. The largest revenue share of the food and beverage sector is supported by the rising demand for functional food among urban populations worldwide.

Region-Wise Analysis

The regions analyzed for the market include North America, Europe, Latin America, Asia Pacific, Middle East, and Africa.

• Asia Pacific dominated the market and generated 43.9% of total revenue. Due to its suitable climate for growing moringa, India is the main nation cultivating and supplying the plant on the international market. Farmers’ increasing learning habits and technological advancements in agricultural methods support the regional market value.
• Middle East & Africa accounted for more than 18.9% of the revenue share. This is because nations including Ethiopia, Sudan, Northern Kenya, Somalia, Ghana, Mozambique, Zambia, Nigeria, Rwanda, Niger, Cambodia, and Haiti are moringa-producing nations. The weather and soil in these nations are ideal for moringa cultivation.

Competition Analysis

Because of the global market’s fragmentation, there is more competition among companies. The players are extending their reach to meet the market’s growing knowledge of and demand for moringa components. To increase their profit margins, players are concentrating on farmers’ productivity and moringa production.

A list of some of the key suppliers present in the market are:

• Organic India Pvt. Ltd.
• Earth Expo Company
• KuliKuli, Inc.
• Ancient Greenfields Pvt. Ltd
• Grenera Nutrients Pvt.
• Botanica Natural Products
• Aayuritz Phytonutrients Pvt. Ltd.
• Herbs & Crops Overseas
• MoringaInitiative Ltd.
• Green Virgin Products LLC
• Dominate Industries

Report Coverage and Highlights

• Our comprehensive, data-backed, and facts-oriented report provides niche and cross-sectional analysis at global and country levels.
• Assessment of the historical (actual data) and current market size (2017-2021), market projections (2022-2032), and CAGR.
• The market assessment across North America, Europe, East Asia, South Asia & Pacific, Latin America, Middle East, and Africa.
• Competitive tactical intelligence, key strategies adopted by top players, production capacity and company shares analysis, product brand surveys, and export-import analysis
• Pricing analysis to set and benchmark your current or future offerings across each product type helps you understand whether your pricing strategy is aligned with market expectations and can be compared to market disruptions.
• Predictions on critical supply and demand trends and technological expertise needed to address operations scalability.
• Consumer behavior shifts and their implications for players, list of end-users, and their consumption analysis.
• Key drivers, restraints, opportunities, and emerging trends impacting the market growth.
• Value chain analysis (list of manufacturers, distributors, end-users, and average profitability margins).
• Strategic market analysis, recommendations, and future headways on crucial winning strategies.