Market Overview and Dynamics
The moringa ingredients market in Asia Pacific is expected to grow from US$ 1,574.83 million in 2021 to US$ 2,520.97 million by 2028; it is estimated to grow at a CAGR of 7.0% from 2021 to 2028. Moringa ingredients obtained from the moringa plant are extremely nutritious and possess many health uses. All the parts obtained from a moringa tree can be utilized as ingredients for moringa products. For instance, seeds can be used for the preparation of oil and the pod is utilized in medicines and for human consumption. In addition, the leaf can be utilized as animal feed and in various health products. It is well-known that moringa has applications in food & beverages, cosmetics & personal care products, pharmaceuticals, and other industries. However, there is an increasing demand for organic plant-based products such as food, skincare, haircare, and medicines, from consumers since they are aware of side effects caused by conventionally produced products. This is showcasing a new platform for organic moringa products in the Asia Pacific market. Major market players such as Kuli Kuli Foods and Ishka Farms, are offering organic moringa powder for the consumers. Also, Organic India is offering moringa supplement capsules containing organic leaf powder. This capsule is quite suitable for athletes, bodybuilders, sports persons, expecting and lactating mothers, growing children, and chronically ill persons. Moringa flower possesses D-glucose, wax, and sucrose. Also, it is rich in potassium and calcium, along with nine amino acids. The tea made with organic moringa flowers is considered to have numerous nutritional benefits and is considered to be powerful medicine. Moringa leaves also contain many anti-aging compounds, including vitamin C, beta-carotene, polyphenols, quercetin, and chlorogenic acid, which further scale back the consequences of oxidative stress and inflammation. The surge in the Asia Pacific demand for organic moringa products can create a new path for organic product manufacturers to invest in this market.
Key Market Segments
Based on type, the leaves and leaf powder segment accounted for the largest share of the Asia Pacific moringa ingredients market in 2020. Based on category, the conventional segment accounted for the largest share of the Asia Pacific moringa ingredients market in 2020. Based on application, the food and beverages segment accounted for the largest share of the Asia Pacific moringa ingredients market in 2020.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the Asia Pacific moringa ingredients market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report include Dominate Industries, Moringa Initiative Ltd., Green Era Foods & Nutraceutics, All Herbscare, Sarvaayush Ayurved & Herbals, Earth Expo Company, Saipro Biotech Private Ltd., ConnOils LLC, Santan International and Herbs & Crops Overseas.
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Asia Pacific Moringa Ingredients Market Segmentation
Asia Pacific Moringa Ingredients Market -By Type
Asia Pacific Moringa Ingredients Market – By Category
Asia Pacific Moringa Ingredients Market -By Application
Asia Pacific Moringa Ingredients Market – By Country
Asia Pacific Moringa Ingredients Market – Company Profiles