Report ID: SQMIG30C2074
Report ID:
SQMIG30C2074 |
Region:
Global |
Published Date: February, 2024
Pages:
242
|
Tables:
91 |
Figures:
78
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 demand for moringa ingredients is driven by the availability of a wide variety of product applications across food & beverages, dietary supplements, pharmaceuticals, wastewater treatment, and animal feed industry along with their increasing consumption. Moringa ingredients contain the part such as moringa bark, seeds, pods, flowers, leaves and others which are derived from the moringa tree for their nutritive properties. These ingredients are a rich source of nutrients like proteins, carbohydrates, calcium, phosphorus, potassium, iron, vitamins, and other bioactive compounds. The market growth is supported by the continuously growing food & beverages sector. Also, the rising awareness about the nutritive properties of moringa ingredients is supporting its growth in the market. The market growth is also increasing due to increasing awareness among people about the health benefits of moringa consumed through a variety of products like dietary supplements, functional foods, tea, and others.
The moringa ingredients cultivation in the Indian market is estimated to exhibit potential growth over the forecast period. The market growth is supported by continuous advancing agricultural practices by farmers of the country due to expanding automotive reach and learnings in the agricultural sector. The farmers are upgrading their traditional practices of cultivation with advanced practices which are helping them in increasing their income value.
US Moringa Ingredients Market is poised to grow at a sustainable CAGR for the next forecast year.
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REQUEST FREE CUSTOMIZATIONMoringa 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).
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Report ID: SQMIG30C2074