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Moringa Ingredients Market Set to Reach US$ 13.1 Billion by 2031, Driven by Health Trends and Nutraceutical Demand

11-05-2024 09:27 AM CET | Food & Beverage

Press release from: Persistence Market Research

Moringa Ingredients Market Set to Reach US$ 13.1 Billion by 2031,

The global moringa ingredients market is on a robust growth trajectory, currently valued at US$ 6.6 billion, with expectations to expand at a compound annual growth rate (CAGR) of 7.1%, reaching US$ 13.1 billion by 2031. This upward trend is largely attributed to the increasing consumer awareness regarding healthy diets and the rising demand for functional ingredients derived from plant sources, particularly Moringa oleifera.

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Market Drivers
The surge in health consciousness among consumers has led to a growing preference for moringa ingredients due to their exceptional nutritional benefits. Moringa leaves, pods, and seeds are renowned for their high concentrations of antioxidants and essential nutrients, making them valuable in both culinary and health applications. Moringa ingredients are incorporated into a variety of food products, including soups, halwa, and chocolates, enhancing nutritional value while simultaneously lowering carbohydrate and fat content.

In addition to culinary uses, the ethnopharmacological benefits of moringa are propelling its popularity in the nutraceutical sector. Moringa's antimicrobial and anti-inflammatory properties contribute to strengthening the immune system, making its leaves a vital addition to dietary supplements. Rich in vitamins A, C, calcium, iron, and riboflavin, moringa leaves are gaining traction as a preferred ingredient in nutritional formulations.

Rising Demand in Cosmetics and Personal Care
Moringa ingredients are increasingly being utilized in the cosmetics industry for their aromatic and protective properties. The natural benefits of moringa, including its emollient, lubricant, and soothing effects, make it an ideal choice for restoring skin hydration and protecting against harsh environmental conditions. Furthermore, moringa extracts are finding applications in massage oils and aromatherapy, enhancing their appeal as a multifunctional ingredient.

Challenges to Overcome
Despite the promising growth prospects, the moringa ingredients market faces several challenges. Certain parts of the moringa plant, particularly the roots and bark, contain toxic substances that can pose health risks. Additionally, limited knowledge regarding processing methods and certification issues from regulatory authorities like the FDA may hinder market expansion.

Regional Insights
The European market for moringa ingredients is witnessing significant growth, with countries such as Poland, Italy, and Spain projected to experience CAGRs of 10.1%, 8.7%, and 8.1%, respectively, during the forecast period. The demand in Europe is driven by the increasing use of moringa in nutritional supplements and functional foods.

In Latin America, Brazil stands out as a leader in the moringa ingredients market, anticipated to register a CAGR of 5.8%. The country's market share is around 42.8%, attributed to heightened consumer awareness and growing applications in dietary supplements and food products.

Moringa Powder: A Key Player
Among the various forms of moringa ingredients, moringa powder holds the largest market share at 68.9%. Its protective benefits for vital organs, combined with its rich antioxidant properties, position it as a highly sought-after ingredient. The moringa powder segment is projected to exceed US$ 4.5 billion by 2031.

Read More: https://www.persistencemarketresearch.com/market-research/moringa-ingredients-market.asp

Conclusion
The global moringa ingredients market is poised for significant growth, driven by rising health awareness and the increasing popularity of natural and functional ingredients in food and cosmetics. Industry stakeholders must address safety concerns and improve processing knowledge to fully capitalize on the opportunities presented by this burgeoning market.

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About Persistence Market Research:

At Persistence Market Research, we specialize in creating research studies that serve as strategic tools for driving business growth. Established as a proprietary firm in 2012, we have evolved into a registered company in England and Wales in 2023 under the name Persistence Research & Consultancy Services Ltd. With a solid foundation, we have completed over 3600 custom and syndicate market research projects, and delivered more than 2700 projects for other leading market research companies' clients.

Our approach combines traditional market research methods with modern tools to offer comprehensive research solutions. With a decade of experience, we pride ourselves on deriving actionable insights from data to help businesses stay ahead of the competition. Our client base spans multinational corporations, leading consulting firms, investment funds, and government departments. A significant portion of our sales comes from repeat clients, a testament to the value and trust we've built over the years.

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