Moringa Market

Global Moringa Market Size (2024 to 2029)

Moringa market share value is expected to grow at a CAGR of 9.63% during the forecast period 2024-2029 to reach USD 13.54 billion by 2029 from 8.55 billion in 2024. 

In recent times, a global inclination towards healthier lifestyles and a heightened emphasis on natural, nutrient-dense foods has surfaced. Moringa leaf powder, extracted from the Moringa oleifera tree's leaves, has garnered substantial attention for its exceptional nutritional value and potential health advantages. India, enriched with vast agricultural resources and a historical association with Moringa, has assumed a pivotal role in the moringa market. Virtually every part of the moringa tree, spanning leaves, roots, and fruits, finds use in traditional herbal remedies. Across Africa and India, leaves and pods are integral dietary components. In Western nations, dried leaves are typically available as powdered dietary supplements or capsules. While pods have lower mineral and vitamin levels than leaves, they boast high vitamin C content. Generally, diets in developing countries lack vitamins, minerals, and protein. Moringa products abound in essential minerals and antioxidants, vital for combating the body's free radicals. This report’s objective is to assess the current landscape of the moringa market and forecast its future expansion. By scrutinizing market dynamics, consumer behaviours, and industry trends, this analysis seeks to provide valuable insights into growth prospects and forthcoming opportunities within India's Moringa leaf powder market.

The rising awareness among consumers about the nutritional benefits of moringa presents untapped opportunities in the moringa market. Rising consumer awareness of drumsticks' health benefits and their traditional role as Asian vegetables is a key market driver. Its use in dietary supplements, cosmetics, and pharmaceuticals fuels industry growth. Growing health consciousness boosts its popularity, along with its potential to combat malnutrition and enhance food. Extensive research explores moringa's pharmaceutical applications, such as its use as a natural polymer for drug delivery. For instance, the utilization of moringa capsules is spotlighted in the International Journal of Current Pharmaceutical Research. This underscores the significant potential for market growth, thereby shaping a promising path for its future advancement.

Global Moringa Market Drivers:

The major market drivers in the case of the moringa market can be the amazing health benefits associated with moringa products. Also, the rise in consumption of organic dietary supplements is likely to fuel this moringa market. The global popularity of moringa stems from its advantageous attributes. Forecasts indicate that a growing focus on wellness and preventive healthcare will augment the value of the moringa market, thereby benefiting the moringa product sector. The premium qualities of Moringa have led reputable industry players to integrate it into upscale offerings such as oils, fragrances, and cosmetics. The surge in organic product demand holds promise for moringa-based medicinal items bolstered by safe and sustainable cultivation practices.

Furthermore, the remarkable expansion and heightened demand in the organic product market, extending beyond just the food and beverage sector, are primarily driven by heightened awareness of safety and benefits compared to conventional counterparts. This trend resonates beyond food supplements, as consumers seek safer and healthier options, inclining towards organic and natural supplements to reduce exposure to potentially harmful substances. For instance, in Europe and North America, the ascendant clean-label trend favors market performance, prompting producers to develop diverse organic moringa-based products to cater to a broader consumer base and thereby stimulate market growth.

Global Moringa Market Restraints:

The factors likely to hamper the market growth of the moringa market encompass challenges in supply chain management, quality control, and pricing volatility due to substitute products. Awareness of these issues and their potential consequences is vital for gauging future market expansion. For instance, in 2019, Brazil's ban on moringa use in food and supplements due to safety concerns exemplifies such challenges. Organic certification prerequisites in certain nations also affect its inclusion in nutritional products. Moreover, limited awareness in emerging economies impedes growth. Global demand for moringa surpasses supply, imposing restrictions. A notable factor constraining the growth of the moringa product market is the significant demand for these items, often surpassing supply capacity. Moringa, a versatile plant used in diverse product creation, faces challenges in meeting this demand, influencing the market's prospects.

Impact Of COVID-19 on the Moringa Market:

The COVID-19 pandemic triggered widespread disruptions across industries globally, with lockdown measures by governments causing manufacturing closures and production interruptions. Amidst this, the food and beverages sector experienced heightened demand for natural and organic food supplements. Although, moringa products faced challenges due to supply chain disruptions and shortages of raw materials caused by import/export restrictions. The pandemic's unparalleled impact led to a modestly adverse effect on moringa product demand across regions. Nevertheless, the demand for moringa products was high due to their nutritional benefits. During the pandemic, consumers were getting more inclined towards a healthy lifestyle, and thus, moringa product demand was high in the dietary supplement industry.

REPORT COVERAGE: 

This research report on the Global Moringa Market has been segmented and sub-segmented based on type, distribution channel, & region. 

Global Moringa Market - By Type:

• Tea
• Oil
• Seeds
• Leaf Powder 

Based on type, the leaf powder segment dominated the Moringa market in 2022, and it is anticipated to grow at the highest CAGR during the projected period. This is attributed to the growing utilization of manufacturing nutraceuticals. Moringa powder serves a dual purpose, finding application not only in creating diverse medicinal solutions for skin issues but also as a potent detoxifying dietary supplement. This versatile product is experiencing a notable upsurge in demand within the dietary supplement and the food & beverage sectors, propelling the growth of the moringa market.

Simultaneously, the popularity of moringa tea is on the rise, driven by consumers seeking soothing and tranquil options. The tea's rich antioxidant properties play a pivotal role in neutralizing harmful free radicals, thereby contributing to the deceleration of the aging process. This will eventually contribute to the market revenue of the moringa market.

Global Moringa Market - By Distribution Channel:

• Supermarkets/Hypermarkets
• Convenience Stores
• Specialty Stores
• Online Retail

Based on the distribution channel, supermarket/hypermarket is expected to dominate the moringa market during the forecast period. These retail outlets offer a wide array of nutritional and functional food items. Shopping convenience is a hallmark of these mass merchandisers, with features like extensive choices, bulk purchase discounts, and the advantage of a comprehensive shopping experience all within the same establishment.On the other hand, specialty stores are experiencing rapid growth and are expected to record the fastest CAGR during the forecast period. The availability of various brands and the expertise of specialized staff assisting consumers in making informed purchases contribute to the allure of these distinct stores, attracting an increasing number of customers.

Global Moringa Market– By Region:

• North America 

• Europe 

• Asia-Pacific 

• South America 

• Middle East & Africa 

Based on region, the Asia Pacific region secured its position at the forefront of the moringa market and is expected to record the highest CAGR during the forecast period. This accomplishment can be attributed to the abundant availability of moringa throughout the region, coupled with its widespread utilization in countries like India and Japan, where moringa products such as pods and leaves are consumed extensively. For instance, India, as the world's largest producer of moringa, holds a pivotal role in this landscape, poised to capitalize on its growing agricultural and food industries to enhance its supplement offerings. Also, the promising trajectory of the market is further driven by a significant surge in research and development activities aimed at exploring the diverse applications of moringa. This exploration opens new avenues for market expansion. Additionally, governmental efforts in promoting the benefits of moringa products through awareness campaigns contribute to the market's momentum, expected to provide additional force for market growth.

Europe's growth potential is driven by the strong consumer demand for nutritional and dietary supplements. The region exhibits high awareness of moringa products. Additionally, the industrial utilization of moringa drumsticks for biodiesel, pharmaceuticals, and personal care is on the rise. In Europe, the emphasis on balanced diets and fitness further fuels the growth of the moringa market.

Moreover, in North America, the increasing adoption of dietary supplements and functional products supports market expansion. Moringa oil's benefits in skincare enhance its appeal. The U.S. stands out as a major moringa importer, with its integration into multivitamins and supplements contributing to market performance.

On the other hand, the rest of the world is expected to grow at a substantial CAGR throughout the projection period.

KEY MARKET PLAYERS:

Key Market Players Of Global Moringa Market are Aayuritz Phytonutrients Pvt. Ltd, Botanica Natural Products, Organic India, Moringa Connect, Earth Expo Company, Moringa Malawi, Saipro Biotech Private Ltd, Himalaya Global Holdings Ltd, Ancient GreenFields Pvt. Ltd, Herbs & Crops Overseas.

RECENT HAPPENINGS IN THE MARKET:

In June 2021, Vasu Healthcare Pvt. Ltd. introduced a fresh lineup of herbal supplements named Vasu Safe Herbs. This collection comprises vegetarian capsules featuring individual herbs like holy basil, moringa, turmeric, and various others, all rooted in Ayurvedic and herbal product traditions.