Moringa Ingredients Market Size, Share, Growth Analysis, By Source(Leaves, Seed, Root, Flowers), By Origin(Organic, Conventional), By Application(Food & Beverages, Pharmaceuticals, Cosmetics & Personal Care and Others), By Region - Industry Forecast 2024-2031

Moringa Ingredients Market size was valued at USD 7.3 billion in 2019 and is poised to grow from USD 8.03 billion in 2023 to USD 15 billion by 2031, growing at a CAGR of 10% in the forecast period (2024-2031).

The moringa ingredients market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to the moringa ingredients market. 'Kuli Kuli Inc.', 'Organic India Pvt. Ltd.', 'Ancient Greenfields Pvt. Ltd.', 'Grenera Nutrients Pvt. Ltd.', 'Earth Expo Company', 'Herbs and Crops Overseas', 'Saosis', 'The Moringa Company', 'Genius Nature Herbs Pvt. Ltd.', 'Moringa Farms Inc.', 'Moringa Initiative Ltd.', 'BioG Moringa Oleifera GmbH', 'True Moringa', 'Moringa Wellness', 'The Moringa Tree Company', 'Green Era Foods and Nutraceutics', 'Ben Oil Ltd', 'Moringa Connect', 'Moringa Life', 'Moringa Garden Circle', 'In August 2021, the Minister for Agriculture MRK Panneerselvam had said in favor of moringa while presenting the budget that the moringa (drumstick) and its value-added products produced in Tamil Nadu have huge export potential in various foreign countries due to its high nutritional benefits.', 'In June 2021 – Vasu Healthcare Pvt. Ltd., an Ayurvedic and herbal products manufacturing company, launched a new range of herbal supplements called Vasu Safe Herbs. The product range consists of single herb vegetarian capsules such as holy basil, moringa, turmeric, and others.'

The main reason driving the market is due to growing consumer’s knowledge of numerous health benefits of moringa other than its traditional consumption as a vegetable in various Asian countries. Its wide utilization in various dietary supplements, cosmetics, and pharmaceutical products has also contributed to the market growth. The product is gaining significant popularity among health-conscious consumers along with gaining traction as a food fortification ingredient to curb malnutrition and hunger. The massive growth and increased demand observed in the organic products market, which is not limited to the food and beverage industry itself, are mainly due to a rise in awareness about the safety and benefits of the products than its conventional counterparts.

In moringa seeds it have medicinal properties as it helps in the treatment of hyperthyroidism, Crohn’s disease, anti herpes-simplex virus arthritis, rheumatism, gout, cramp, epilepsy, and sexually transmitted diseases, it can act as an antimicrobial and anti-inflammatory agent. The use of moringa ingredients by pharma companies has increased the market growth. Another reason for market growth is the natural and organic origin ingredients are also environment friendly because they do not contribute to environment pollution, and the manufacturers across the globe are inclining towards the use of naturally derived ingredients. The farmer also uses organic fertilizers to improve agricultural productivity by analysing the end-use market trends.

Asia Pacific dominated the market and accounted for the largest revenue share of 45.8% in 2021. It is also anticipated to exhibit the fastest growth during the forecast period. Due to favourable weather conditions for moringa farming, India is the major country cultivating and supplying moringa in the market. The rising learning practices among farmers along with the technological advancement in the agricultural practices are supporting the regional market value. In developing countries like China and India due to urbanization it drives demand for functional food. The growing awareness among the urban population about the health benefits associated with the moringa ingredients is contributing to the revenue share and continuous development. According to the minister, the Tamil Nadu State in India accounts for 24% of world moringa production and the state is home of six out of 13 popular moringa varieties across the globe.