Press release
Moringa Market- Accelerating Rapid Growth with Excellent Future CAGR and Top Players by 2024-2031 | Ancient Greenfields PVT LTD, Earth Expo Company, Grenera Nutrients Private Limited.
Moringa Market || 2024-2031
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What is the projected growth rate (CAGR) of the Global Moringa market from 2024 to 2031, and what is the market value expected to change by 2031?
Global Moringa Market reached US$ 6.17 billion in 2023 and is expected to reach US$ 11.40 billion by 2031, growing with a CAGR of 7.98% during the forecast period 2024-2031.
What is Moringa Market?
The moringa market focuses on the production and distribution of products derived from the moringa tree, known for its nutritional benefits and medicinal properties. Commonly used in dietary supplements, food ingredients, and cosmetics, moringa is rich in vitamins, minerals, and antioxidants. The market is expanding due to the growing consumer interest in natural health products, increased awareness of sustainable sourcing, and the rising popularity of plant-based diets. As research highlights moringa's health benefits, its applications in functional foods and nutraceuticals are driving market growth and innovation.
Growth Driver
Rising Awareness of Nutritional Benefits Associated with Moringa
The increasing awareness of the nutritional benefits of moringa is driving consumer adoption of moringa-based products, including oil, tea, powder, and more. Moringa is renowned for its healthful compounds, which include vitamins such as vitamin A, vitamin B1, and folate, along with essential minerals like calcium, potassium, iron, and zinc.
Key Players:
Profiles of some of the major players in the global Moringa market, which include Ancient Greenfields PVT LTD, Earth Expo Company, Grenera Nutrients Private Limited, HNCO Organics Private Limited., Saipro Biotech Private Limited., Unilever., All Moringa, Moringa Connect, The Good Leaf, and Organic India Pvt. Ltd.
Industry Development:
In June 2021, Vasu Healthcare Pvt. Ltd., a company specializing in Ayurvedic and herbal products, launched a new range of herbal supplements named Vasu Safe Herbs. This product line features single-herb vegetarian capsules, including ingredients like holy basil, moringa, turmeric, and more.
In December 2020, Kerala entrepreneur Ambika Somasundaran exported her brand of drumstick-based products to the UAE. This range includes Moringa Products such as Rice Powder, Leaf Powder, and Soup Mix. Future exports are planned to feature additional items like Moringa Millet Mix and Moringa Capsules under the brand name Dry Mix.
The purpose of the report is to offer a comprehensive analysis of the market, along with insightful conclusions, statistical data, historical information, market data that has been confirmed by the industry, and predictions based on a sound methodology. By identifying and examining market segments and forecasting global market size, the study also contributes to understanding the dynamics and structure of the global Moringa market.
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Market Segments:
The report covers the segmentation of the market into different segments based on various classifications such as applications, end users, product types, and others. The segmentation is divided into two sections, one for development and the other for different roles, needs, and behaviours.
By Product: Moringa Seed, Moringa Tea, Moringa Oil, Leaf Powder, Moringa Fruits/Pods, Others.
By Distribution Channel: Supermarket and Hypermarkets, Convenience Stores, Specialty Stores, Online Sales, Others.
By Application: Food, Pharmaceuticals, Cosmetics & Personal Care, Water Purification, Dietary Supplements, Others.
Regional Break out:
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Colombia, Rest of South America
☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
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Key Features
➧ Gain deep insights into market dynamics, trends, and opportunities to stay ahead in a competitive landscape.
➧ Track competitor's movements in real time, allowing you to swiftly adapt strategies and remain competitive.
➧ Compare your performance with industry leaders to identify gaps, strengths, and areas for improvement.
➧ Stay updated with emerging market trends, technological advancements, and customer behaviour to refine your strategy.
➧ Receive actionable insights and recommendations to drive your business toward growth and long-term success.
➧ Tailor competitive intelligence to your unique business needs, ensuring relevant and focused analysis.
➧ Evaluate supply chain efficiency and logistics strategies to optimize operations and minimize disruptions.
➧ Understand key players, stakeholders, and partnerships to navigate the competitive landscape more effectively.
➧ Identify and target specific market segments with detailed intelligence on customer preferences and behaviours.
➧ Stay informed on regulatory changes and legal requirements impacting your industry to ensure compliance and mitigate risks.
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Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
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About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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