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Moringa Ingredients Market Report 2023-2032: Market Share, Size, Statistics And Industry Forecast | Grenera, Kuli Kuli, Ancient Greenfields Pvt. Ltd. (AGF), Green Virgin Products LLC, Organic India Pvt. Ltd
Moringa Ingredients Market
The Business Research Company's Moringa Ingredients Global Market Report 2023 identifies shift of customer preferences towards plant-based foods as the major driver for the Moringa Ingredients market's growth in the forecast period. Plant-based foods such as moringa contain high levels of protein, minerals, and antioxidants. Consumers are increasingly preferring plant-based foods to improve overall health, weight management, and eat a healthier diet.
The global moringa ingredients market size grew from $7.21 billion in 2022 to $7.88 billion in 2023 at a compound annual growth rate (CAGR) of 9.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The moringa ingredients market size is expected to grow to $10.96 billion in 2027 at a CAGR of 8.6%.
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Major competitors in the Moringa Ingredients market are Grenera, Kuli Kuli, Ancient Greenfields Pvt. Ltd. (AGF), Green Virgin Products LLC, Organic India Pvt. Ltd.
A key trend in the Moringa Ingredients market includes Strategic partnerships between market companies. Companies are focusing on strategic partnerships to expand their market size, to leverage their global presence, and to gain a competitive advantage. For instance, in 2020, Griffith Foods, a US-based product development company involved in quality food ingredients, partnered with Kuli Kuli, a US-based moringa food business, to scale up the positive impact by bringing moringa powder across segments in the food industry, such as food service, protein processors, and snack processors. The companies KuliKuli and Giffith Foods are looking forward to bringing sustainable and healthy offerings to the food sector by introducing moringa powder to the wider food industry.
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The Moringa Ingredients market is segmented -
1. By Product Type: Moringa Seeds, Moringa Leaves, Moringa Fruits, Moringa Tea, Moringa Pod.
2. By Form: Moringa Powder, Moringa Oil
3. By Application: Dietary Supplements, Cosmetics And Personal Care, Pharmaceuticals, Textiles And Paper, Other Applications
4. By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Europe was the largest region in the Moringa Ingredients market.
The Business Research Company's "Global Moringa Ingredients Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Moringa Ingredients Market Include:
1. Executive Summary
2. Moringa Ingredients Market Characteristics
3. Moringa Ingredients Market Trends And Strategies
4. Moringa Ingredients Market - Macro Economic Scenario
5. Moringa Ingredients Market Size And Growth
……
26. Africa Moringa Ingredients Market
27. Moringa Ingredients Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Moringa Ingredients Market
29. Moringa Ingredients Market Future Outlook and Potential Analysis
30. Appendix
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