The global moringa
products market is estimated to reach USD
10.9 billion, growing with a CAGR of 10.4% during the forecasted period, from
2019 to 2025, according to a new report by Million Insights. The market is
majorly driven by the increasing demand for healthy supplements, and growing
health awareness among consumers.
Moringa Products are
gaining popularity among consumers owing to factors such as plant-based
products and organic products. These plant-based products possess
antidepressant, antifungal and antiviral properties that play a vital role in
curing various diseases. Moreover, the plants can be easily raised in tropical
parts at a very low cost. It is useful in treating malnutrition in children
under 3 years. These factors are expected to provide prominent growth
opportunities for the global moringa products market.
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Moringa is potent with
ingredients such as Vitamins, Zinc, iron and calcium potassium. It does not
contain harmful cholesterol and has low fats content. Moreover, moringa has
antibacterial and antibiotic properties that help in eliminating pathogens and
improves indigestion. Moringa leaf powder helps in treating stomach disorders
such as constipation, ulcerative colitis, and gastritis. In the vegetable
category, the moringa is frequently used in Southern Indian foods for flavor
and provides a delicious taste. The product demand is rising owing to its
health benefits and availability at a low price, this trend is projected to
continue in the coming few years.
In 2018, Europe held the
largest market share owing to a rise in demand for nutritional products. In
North America, the U.S. holds the highest market share of over 75.0% in the
overall market. The growing awareness about organic health products is driving
market growth. The growth is majorly due to the presence of low-calorie and
fats content in the product and its positive impact on health. These effects
help in weight loss, healthy diet with nutritional supplements. Owing to all
these benefits, the demand for moringa products is rising among health-conscious
people, this is boosting the growth of the moringa products market.
Further key findings from
the report suggest:
• The leaf powder is
projected to grow at a CAGR of 11.2% from 2019 to 2025.
• The online segment in
distribution channel is anticipated to grow at fastest CAGR of 11.6% during the
forecasted period, 2019 to 2025.
• China, U.S., Germany,
Brazil and Ethiopia are the main countries in the market and holds the largest
market share.
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