Moringa Products Market Size, Future Trends, Growth Key Factors, Demand, Business Share, Sales & Income, Manufacture Players, Application, Scope, and Opportunities Analysis by Outlook 2027
Posted on Sep 25 2021 12:55 PM
"Key Companies Covered in the Moringa Products Market Report are Ancient GreenFields Pvt. Ltd., Earth Expo Company, Herbs & Crops Overseas, Saipro Biotech Private Ltd., and Himalaya Global Holdings Ltd. "
The global moringa products market size is expected to showcase considerable growth backed by the increasing awareness regarding the adoption of a healthy diet worldwide. This information is published by Fortune Business Insights in its upcoming report, titled, “Moringa Products Market, 2021-2028.” The report further observes that the significant shift of consumers towards consumption of organic medication is likely to propel the product’s demand during the forecast period. In February 2019, All Moringa, the beauty and wellness product supplier, announced the launch of therapeutic skin care and supplements produced using the moringa tree with 0% synthetic ingredients.
The drastic effect of the global pandemic, COVID-19, has been felt across several economies facing unprecedented loss. The lockdown imposed by the government agencies has led to several industries facing halted industrial operations. However, a collective effort from the government and the industries is likely to bring the economy back on track and aid in the resumption of industrial activities.
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On the basis of product form, the market is segmented into powdered, liquid/lotion, capsule, and others. Based on the end-user, the market is bifurcated into food supplements and medicines, cosmetics and personal care. Moreover, on the basis of distribution, the market is categorized into channels and others. Lastly, based on region, the market is segregated into the Middle East and Africa, North America, Europe, Asia-Pacific, South America.
What does the Report Include?
The global market for moringa products report includes qualitative and quantitative analysis of several factors such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers different regions, contributing to the growth of the market. It includes the competitive landscape that involves the leading companies and the adoption of strategies to announce partnerships, introduce new products, and collaborate to further contribute to the growth of the market between 2021 and 2028. Moreover, the research analyst has adopted several research methodologies to extract information about the current trends and industry developments that will drive the market growth during the forecast period.
Major Segments includes:
By Product Form
- By End-Use
- Food Supplements and Medicines
- Cosmetics and Personal Care
By Distribution Channel
- Convenience Stores
- Online Retails
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Increasing Demand for Organic Medication to Promote Growth
According to the World Health Organization, around 1 in every 5 patients suffer from side effects of the prescription drugs in the U.S. annually. The increasing incidence of health complications due to medication is driving people towards consuming organic medications. These medications are manufactured using natural ingredients and do not have any side-effects when consumed by the patients. Therefore, this is expected to contribute to the global moringa products market growth in the forthcoming years.
Asia-Pacific – The region is expected to hold a significant global moringa products market share in the forthcoming years. This is attributable to the increasing demand for traditional and natural products in the region.
North America – The market in the region is expected to experience considerable growth backed by the increasing consumption of natural supplements that is likely to surge the demand for nutritional moringa products in the region between 2021 and 2028.
Prominent Companies Focus on Facility Expansion to Strengthen Their Global Footprint
The market comprises small, medium, and large companies striving to maintain their stronghold by expanding their production facilities to cater to the growing demand for moringa products due to their nutritional content globally. Additionally, adoption of strategies such as partnership, collaboration, and merger and acquisition by other key players is expected to bode well for the growth of the market.
January 2021 – The Agricultural and Processed Food Products Export Development Authority (APEDA) of India announced its plans to set up several moringa processing units to ramp up the exports to cater to the growing demand for moringa powder worldwide.
List of the Companies Profiled in the Global Market:
- Ancient GreenFields Pvt. Ltd.
- Earth Expo Company
- Herbs & Crops Overseas
- Saipro Biotech Private Ltd.
- Himalaya Global Holdings Ltd.
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