The global moringa products market size
is expected to reach USD 10.9 billion by 2025, according to a new report by
Grand View Research, Inc., expanding at a CAGR of 10.4% over the forecast
period. Growing need for nutritional supplements, improving health awareness
among people, and shifting focus towards organic medication are the key factors
for industry growth.
Increase in awareness among consumers regarding health
benefits of moringa is one of the major reasons for the market growth. It has
antifungal, antiviral, antidepressant, and anti-inflammatory properties,
which are beneficial in healing various diseases. Additionally, it can be
easily grown in tropical and subtropical regions with low cost, thereby
resulting in increased usage of the plant in various applications. It is also
one of the best products to treat malnutrition children younger than 3 years.
Considering all these factors, demand for moringa is increasing in the market.
Moringa contains various healthful compounds such as
vitamin A, vitamin B1, folate, calcium potassium, iron, and zinc. It is also
extremely low in fats and contains no harmful cholesterol.
The antibiotic and antibacterial properties of this plant may help
inhibit the growth of various pathogens, and its high vitamin B content helps
with digestion. Among all the vegetables, moringa is commonly used by South
Indians for its flavor and delicious taste in Sambar and Curry preparation.
Rising demand for the product due to its rich nutritional properties and low
price is boosting the growth of this moringa products market.
Europe was the largest regional market in
the year 2018 owing to growing demand for nutritional supplements. In
2018, U.S was the largest market with more than 75.0% share in North America.
Rising awareness regarding organic health supplements is a major factor
boosting the regional market growth. Growing trend of calorie reduction and
weight management is also driving the regional market since moringa helps in
reducing weight gain. Majority of the Americans prefer supplements over their
daily diets. Moringa is an additional source of multivitamins, antioxidants,
amino acids, and other nutrients. Due to all these health benefits, demand for
this plant based product is rising among individuals, thereby boosting regional
moringa products market growth.
Access Research Report of Moringa
Products Market @ https://www.grandviewresearch.com/industry-analysis/moringa-products-market
Further key findings from the study suggest:
· The leaf powder segment is projected to
expand at a CAGR of 11.2% over the forecast period
· The online distribution channel will
register the highest CAGR of 11.6% through 2025
· U.S., China, Germany, Ethiopia, and Brazil
are the major countries accounting for the largest market share in their
respective regions.
Grand View Research has segmented the
global moringa products market on the basis of product, distribution channel,
and region:
Moringa Products Product Outlook (Revenue,
USD Billion, 2015 - 2025)
·
Leaf Powder
·
Tea
·
Oil
·
Seeds
Moringa Products Distribution Channel
Outlook (Revenue, USD Billion, 2015 - 2025)
·
Online
·
Offline
Moringa Products Regional Outlook (Revenue,
USD Billion, 2015 - 2025)
·
North America
·
Europe
·
Asia Pacific
·
Middle East & Africa
·
Central & South America
About
Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research
reports, and consulting services. To help clients make informed business
decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
For More Information: www.grandviewresearch.com
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