Moringa seeds are obtained from the pods of Moringa oleifera popularly known as drumstick tree, which is native to Northern India. Fresh and raw seeds are quite tender but as soon as they get dried, they become hard. Moringa is also regarded as a vegetable tree which full of minerals, vitamins, and is eaten as a healthy super food. It is known to have numerous health promoting benefits and is used to cure and prevent diseases. Moringa can be taken in various forms viz., raw, powdered and is used in food supplements, tea and oil. The market of these products is influenced by multiple factors like rise in need for nutritional supplements, which imparts health awareness among various sectors of society and shifting focus toward organic products in medication. It possesses antifungal, antiviral, antidepressant, and anti-inflammatory properties which helps to cure various diseases. It is regarded as one of the best products to treat severe malnutrition in children less than 3 years. Demand for Moringa has been on a perpetual rise, on account of the increase in advocacy of consumers toward a healthy lifestyle.
COVID-19 Impact analysis
- There is an increase in demand for moringa seeds among people owing to rise in health consciousness due to huge widespread of COVID-19.
- However, the fact cannot be neglected that the economies were shut down during the spread of the COVID-19 across the globe, which led to shut down of the various plants, factories, and sites, which resulted in the low production.
- Lockdowns across the globe in 2020 and continuing restrictions in 2021 disrupted the supply chain posing challenges for manufactures in the moringa seeds market. Intense competition, pricing issues, and shifting consumer preferences continue to put pressure on vendors' profit margins.
Top Impacting Factors
- The customers need for staying healthy and fit is major growth driving factor responsible for the growth of the moringa seeds market.
- It possesses antifungal, antiviral, antidepressant, and anti-inflammatory properties which helps to cure various diseases. It is regarded as one of the best products to treat severe malnutrition in children less than 3 years. This is another factor that drives the growth of the moringa seeds market.
- The consumers are more inclined toward a healthy lifestyle. Thus, leading to the growth of the market.
Market Trends
Moringa – A super food
Availability of moringa in various types of food products is anticipated to intensify the growth of the market. Manufacturers across the world have been focusing on offering it in various forms to make it easily consumable owing to increase in popularity of moringa as a superfood. Thus, most of the companies offer Moringa in powdered form, which can be added to the food products, to enhance its nutritional value. In addition, the rise in importance of breakfast is expected to create increased demand for Moringa as breakfast cereals, nutritional shakes, smoothies, soups, and snack bars.
There has been a significant rise in the demand for Moringa capsules attributed to increase in health supplements for the treatment of hair and skin related problems, detoxification, and offset stabilization of the insulin level in the body. As a result, easily consumable capsules are yet another concrete growth drivers for the growth of the global moringa market.
Asia-Pacific is the largest revenue contributor
Asia Pacific enjoys supremacy in the global moringa market since the trees are native to India. In the Asia Pacific region, India is the forerunning supplier of moringa oil, moringa leaf, moringa seeds, and moringa fruits, which further contributes toward the growing size of the moringa market.
Being protein-rich in nature, moringa has been utilized as a great substitute for meat. Rise in trends of veganism in American countries are paving the path for the plant-based food products, which is expected to create strong demand for moringa in the forthcoming years.
Key Benefits of the Report
- This study presents the analytical depiction of the Moringa Seeds industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the Moringa Seeds market share.
- The current market is quantitatively analyzed to highlight the XYZ market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed Moringa Seeds market analysis based on competitive intensity and how the competition will take shape in coming years
Questions answered in the Report
- Who are the leading market players active in the Moringa Seeds market?
- What current trends will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What future projections would help in taking further strategic steps?
- What is "Moringa seeds” Market prediction in the future?
- Which will be the niches at which players profiling with recent advancements should set a presence?
- What are the driving factors and opportunities in the market?
- What are the current trends and predicted trends?
- What are the challenges faced in the "Moringa Seeds" Market?
Key Market Segments
- By Product Type
- Moringa Seeds & Oil
- Moringa Leaves & Leaf Powder
- Moringa Fruits, Tea & Pods
- By Application
- Dietary Supplements
- Pharmaceuticals
- Cosmetics
- By Distribution Channel
- By Region
- North America
- Europe
- France
- Germany
- Italy
- Spain
- UK
- Russia
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Thailand
- Malaysia
- Indonesia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- South Africa
- Saudi Arabia
- UAE
- Argentina
- Rest of LAMEA
Key Market Players
- Marudhar Impex
- Genius Nature Herbs Private Limited
- Mother’s Farm
- Kuli Kuli Foods
- Jailev International Trading Corporation
- Vyora Herbals Private Limited
- Green Earth Products Pvt. Ltd.
- Philippine Moringa and More Corporation
- Grenera
- New Global Energy Inc.
- Tropical Palm Herb Manufacturing
- Paritosh Herbals
- Ancient Greenfields
- Earth Expo Company