Moringa Products Market

Market Overview

The global moringa products market size was valued at USD 7.71 billion in 2021, and is projected to reach USD 17.55 billion by 2030, registering a CAGR of 9.57% from 2022 to 2030.

Moringa is the most well-known of the thirteen species that comprise the genus moringaceae. The Romans, Egyptians, and Greeks derived edible oil from the seeds used in skin treatments and perfumes. Ancient Egyptians utilised moringa oil as an effective treatment for skin diseases. Moringa oil is rich in essential fatty acids, making it a perfect moisturising agent and a healing and soothing emollient for dry, rough skin; it can also be utilised in therapeutic massages. Perfume manufacturers approve of the oil due to its strong ability to absorb and keep even the most volatile odours and its stability. Moringa oil is comparable to olive oil in terms of its fatty acid makeup. It is light and readily absorbed by the skin, making it ideal for massage and aromatherapy, in which it is used as a carrier oil. Moringa oil is utilised in lotions, creams, balms, scrubs, body oils, and hair care formulations. Consequently, the tradition of utilising Moringa in cosmetics drives the global moringa products market expansion.

Almost every component of the moringa tree, including its leaves, roots, and fruits, is consumed or utilised in traditional herbal remedies. The leaves and pods are consumed in many parts of Africa and India. In Western countries, the dried leaves are typically sold as capsules or powdered dietary supplements. The pods have a lesser mineral and vitamin content than the leaves. However, they are high in vitamin C. Generally, the diets of individuals in developing nations are deficient in vitamins, minerals, and protein. Numerous critical minerals and antioxidants can be found in abundance in moringa products. Antioxidants are substances that combat free radicals in the body. Higher amounts of free radicals can result in oxidative stress, linked to chronic diseases such as cardiovascular disease and type 2 diabetes. In current years, general cognition of the benefits of moringa products has increased, which is anticipated to stimulate the market for moringa products.

Market Dynamics

Global Moringa Products Market Drivers

Moringa's fantastic health benefits

Because of its advantageous characteristics, Moringa is becoming increasingly popular worldwide. It is anticipated that a greater emphasis on wellness and a better understanding of preventative medicine would increase the moringa market's value, which will, in turn, help the moringa product market. Due to its exotic qualities, Moringa has been frequently included in high-end products such as oils, fragrances, and cosmetics by the industry's most reputable producers. In the forthcoming years, it is predicted that the increased demand for organic products will give expanding opportunities for moringa medicinal items. Thanks to their acceptable and safe cultivation methods, which will positively impact Moringa Products Market Analysis, these opportunities will arise due to the increased demand for organic products.

Increasing Interest in Organic Dietary Supplements

The massive growth and increased demand seen in the market for organic products, which is not limited to the food and beverage industry itself, are primarily attributable to the rise in awareness about the safety and benefits of the product as compared to its conventional counterparts. This phenomenon is not limited to the food and beverage industry alone. These days, people are more concerned about buying things that are safer and healthier for themselves, which influences their eating preferences. They choose organic and natural supplements these days to reduce their exposure to potentially harmful chemicals. In particular, in the developed economies of Europe and North America, the rising trend of clean-label items is beneficial to market performance. This is notably the case. This has encouraged several producers to develop organic moringa-based products to appeal to more diverse consumers, which is expected to fuel growth in the market for these goods.

Global Moringa Products Market Restraints

Outpacing supply

The rising demand for Moringa worldwide outperforms the available supply, so the market for goods based on Moringa will be restricted very soon. The only point that will slow down the expansion of the moringa product market is that there is a considerable need for these items, and it is often impossible to supply that need. Moringa is a plant that is used to make various products. The outlook for the market for moringa products will be impacted as a result of this development.

Global Moringa Products Market Opportunities

Growing Understanding of the Health Benefiting Properties

One of the primary elements pushing the market is the growing awareness among consumers of the multiple health benefits of drumsticks and their traditional use as a vegetable in many Asian nations. This is one of the main reasons why the market is growing. Its widespread application in various dietary supplements, cosmetic products, and pharmaceutical goods has also contributed to the expansion of the industry. The product is acquiring a substantial amount of popularity among customers concerned about their health. It is also gaining traction as a component that can be added to food to combat malnutrition and hunger. In addition, a substantial amount of research is being conducted to ascertain the complete scope of the product's possible applications within the pharmaceutical business. For instance, a study article edition of the International Journal of Current Pharmaceutical Research discusses how moringa capsules can be used as a natural polymer for efficient medication administration. This exemplifies the significant scope of the market's potential for expansion in the years to come.

Regional Analysis

Because of the continuously rising demand for nutritional supplements, Europe was the most lucrative regional market in 2021. The United States of America was the largest market for moringa in North America, accounting for more than 75 % of the market share. The most critical element contributing to expanding the moringa product market is the growing interest in organic dietary supplements. Since moringa also assists in preventing weight gain, the culture that emphasises eating fewer calories and getting rid of excess weight is also a factor in the market's growth. Most people in the United States believe supplements are superior to their regular meals. Moringa leaves are a potential extra source of many nutrients, including multivitamins, antioxidants, amino acids, and more.

The market in Asia and the Pacific is expanding at the highest rate. Suppose moringa is included in people's daily diets in the right way. In that case, developing nations like India can reduce their reliance on other nutritional supplements that must be imported. Consumers in APAC are showing a growing preference for cosmetics derived from plant oils over those derived from mineral oils. This has increased demand for unusual plant species throughout the APAC region, particularly moringa. China was the only country that imported many moringa plants from India.

Segmental Analysis

The leaf powder, tea, oil, and seeds are the several product categories that make up the market. In 2021, leaf powder held more than 30 % of the market share, making it the most popular product in this category. One of the primary contributors to the expansion of this market segment is the rising prevalence of the practice of including nutritional supplements into one's regular diet. The ground-up leaves are combined with other ingredients to produce effective medicines that can be used to treat a wide variety of skin conditions. Leaf extracts have shown promise as a potential treatment for various gastrointestinal conditions, including constipation, gastritis, and ulcerative colitis. Moringa's high vitamin B concentration helps with digestion, and its antibiotic and antibacterial characteristics may help suppress the growth of many diseases. Moringa also contains antifungal capabilities. Compared to its other forms, moringa powder has a longer shelf life and is also simpler to carry; as a result, this form of the plant is the one that is most commonly used.

The market has been divided into online and offline categories based on the used distribution channels. In 2021, the offline market held the highest percentage of the overall market. Because numerous people have access to the internet, the online market sector has a good chance of becoming the one with the highest growth rate throughout the projected period. Only India and several African regions significantly contribute to the global moringa industry. Because of the geographical constraints on production, the only way to satisfy the demand all around the world is through export, which is a process that takes place offline. In addition, the popularity of this plant, as well as the benefits it provides, are not yet universally known. As a result, people like making purchases online rather than in a traditional store. However, the availability of coupons and discounts is one of the primary elements influencing internet users to buy products online instead of visiting physical locations to make their purchases. One of the essential elements driving growth in the online segment is the meteoric rise of online purchasing.

Recent Developments

• In February 2022, Moringa Pura Vida, Best & Safest way to Fall Asleep Quickly & Get up Feeling Refreshed.
• In January 2022, Kuli Kuli taking moringa mainstream with Walmart debut.
• In June 2022, Organic India Pvt Ltd, International Yoga Day: A Step Toward Healthy, Conscious Living.
• In May 2022, Grenera Nutrients Pvt Ltd., Moringa soap contains more than 90 nutrients, 46 different antioxidants, and all 8 essential amino acids.