Moringa Products Market has been Segmented into Type, End Use and Region

Market Insight

Based on type, the global moringa products market has been segmented into leaves & leaf powder, seeds & seed oil, and others. The leaves & leaf powder segment is anticipated to gain the largest revenue share in the global moringa products market and shall maintain lead throughout the forecast period. Moringa leaves and leaf powder are being used in various applications such as pharmaceuticals, nutraceuticals, animal feed, and others due to the health benefits offered by the plant. This is a crucial determinant that is catalyzing the growth of leaves & leaf powder segment in the global moringa products market. The same segment is expected to grow with the highest growth rate owing to the growth of end-use industries in which moringa leaves and leaf powder is used.

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The global moringa products market has been segregated, by application, into functional food & beverages, personal care, pharmaceuticals & nutraceuticals, animal feed, and others. The pharmaceuticals & nutraceuticals segment is projected to gain largest share in the global moringa products market due to the major application of moringa products in nutraceuticals. The high antioxidant activity of moringa leaves categorize them as superfoods and play a vital role as a food supplement. However, the personal care segment is anticipated to grow with the highest growth rate during the forecast period owing to the significant growth of personal care and cosmetics sector.

Key Players

Some of the key players in the Global Moringa Products Market are Organic India PVT. Ltd. (India), KULI KULI, Inc. (the US), Ancient Greenfields Pvt Ltd. (India), Nova NUTRITIONS (the US), Only Natural Inc. (the US), GRENERA (India), Earth Expo Company (India), Moringa Source LLC (the US), Givaudan (Switzerland) and Dawn Moringa (India)

Regional Analysis

Europe and RoW moringa products market are expected to grow at a rapid pace due to the surging production and consumption of moringa products in the regions. Moreover, North America is also expected to project a significant market share owing to the increasing awareness regarding the health benefits of moringa products and increasing preference of healthy food among the consumers in the region.

Segmentation

The global Moringa Products Market has been segmented based on type, category, application, and region.

By application, the global moringa products market has been classified as functional food & beverages, personal care, pharmaceuticals, nutraceuticals, animal feed, and others.

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