Moringa Market by Product (Moringa Leaves, Moringa Flowers and Fruits, Moringa Oil and Seed, and Moringa Tea), by Application (Cosmetics and Skincare Products, Food and Beverage, Bakery and Confectionery, and Pharmaceutical Industry) - Global Analysis & Forecast 2019-2030
Report ID : 184 | Published Date : May 2020 | Pages : 190 | Region : Global | Report Code : FB-23
Moringa Market Introduction & Overview
Moringa Oleifera, popularly known as Drumstick tree or simply as moringa, grows in tropical and subtropical regions of the world. Because of its multifunctional use and adaptability to dry and hot environments, Moringa has grown its significance. Scientists have described it as a plant with several health benefits including nutritional and medicinal benefits. Moringa contains essential amino acids, carotenoids, vitamins and are known to have anti-oxidant, anti-inflammatory, anti-diabetic, anti-microbial properties among others. Therefore, almost all parts of the moringa plant confer different health benefits and are used as a source for nutrition.
The global moringa market is mainly driven owing to its medicinal, nutritional and therapeutic properties. As they contain a variety of proteins, vitamins, and minerals that help in preventing and curing a range of diseases. Every part of the moringa tree such as leaves, flowers, barks, and roots have number of beneficial nutrients in larger quantities. Moreover, it is a fast-growing and drought-resistant plant making it easy to grow. Moringa leaves has intact nutritional content when cooked & boiled, and shelf life is extended in powdered form.
Furthermore, people are becoming more aware and health-conscious and opting for healthier food options. Growing demand from the millennial population and increasing vegan demographics is positively impacting market growth.
The global moringa market is segmented by product, application, and region.
Moringa Market By Product
Based on product, the moringa market is segmented into moringa leaves, moringa flowers and fruits, moringa oil and seed, and moringa tea. Moringa tea prepared from moringa leaves is gaining popularity as it is caffeine-free and rich in antioxidants. Moringa tea stabilizes blood sugar levels, blood pressure, and cholesterol. Also, moringa powder is used in salad dressings, bakery, cereal bars, and smoothies among others to enrich nutrition in products and contribute to a healthy lifestyle.
Moringa Market By Application
Based on application, the market is segmented into cosmetics and skincare products, food and beverage, bakery and confectionery, and pharmaceutical industry. The bakery industry is incorporating moringa leaves into biscuits to improve its nutritional profile and reduce calorie intake. Also, moringa extracts are used by the cosmetic and skincare industry in treating minor skin problems such as blackheads, pimples, and wrinkles among others. Moringa infused beauty products such as concealers, creams/gels, lip creams, shampoo & conditioners, and moisturizers among others are also driving the moringa market.
Moringa Market By Region
Based on region, the global moringa market is segmented into North America, Europe, Asia Pacific, and the Rest of the World (ROW). Asia Pacific widely cultivates moringa and is the largest exporter of moringa products. The region's production is mostly consumed locally because of traditional use of moringa in wellness, skincare, and hair care. Also, inclination towards nutritional supplements over to their daily diet in North America is further driving the market growth. Moreover, consumer awareness towards the side effects of chemical-based skin products is driving them to opt for plant based organic products.
Moringa Market Prominent Players
The prominent players present in the global moringa market include Healing Moringa Tree TM, Green India ( A Brand of R. K. Impex ), Grenera, Genius Nature Herbs Private Limited, Holy Natural, Kuli Kuli, Inc., Naturesvelvet, Moringa Farms, Inc., Bio Moringa Oleifera GmbH, and Ancient Greenfields PVT LTD., among others.