Moringa Products Market Size, Share, Growth Analysis – Global Industry Overview, Statistical Data, Competitive Intelligence, Trends, Outlook and Forecast 2030
SANDY, UTAH, USA, July 28, 2022 /EINPresswire.com/ — The size of the global market for moringa products was worth approximately USD 5.6 billion in 2021 and is expected to grow to approximately USD 10.4 billion by 2030 with a compound annual growth rate (CAGR) of approximately 8% between 2022 and 2030. The report analyzes the moringa products market, as well as the impact they have on demand throughout the projection period. Additionally, the report examines the global opportunities in the global moringa products market.
Moringa Products Market: Overview
Moringa, also known as drumstick tree or horseradish tree, is a plant in the Moringa family. It is widely used and used for centuries, due to its health benefits and medicinal properties, Moringa has antidepressant, anti-inflammatory, antifungal and antiviral properties. Moreover, this also consists of minerals, vitamins and proteins. Due to its nutritional properties, moringa is well known to its consumers as a healthy food. The mentioned properties of moringa influence the global demand for moringa products.
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The demand for moringa products in the cosmetics industry is growing, which provides many growth opportunities for market players. Cosmetic and personal care applications of moringa products are expected to increase further due to the growing preference for herbal products. The moisturizing properties of moringa products as well as their ability to stimulate collagen influence the demand for moringa products.
Asia-Pacific is estimated to dominate the moringa products market in 2021. High consumption of moringa and its abundant availability is driving the moringa products market in the region. However, the North America region is expected to witness strong growth over the forecast period.
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High disposable income and growing awareness of health benefits are influencing the growth of the market. ConnOils LLC is one of the leading Moringa Oil supplement manufacturers and suppliers in the North American region. Other key players include Moringa Malawi, among others. Europe is also witnessing market growth, with Germany, UK, Italy, and the Netherlands being the major contributors to moringa products market revenue in Europe.
Some of the prominent players
Food and nutraceuticals of the green era
Earth Expo Company
Kuli Kuli, Inc.
Bio Moringa Oleifera GmbH
The Global Moringa Products Market is segmented as follows:
Leaves and leaf powder
By distribution channel
Food and drinks
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The rest of Europe
Rest of Asia-Pacific
The Middle East and Africa
United Arab Emirates
Rest of the Middle East and Africa
Rest of Latin America
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