PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1215467
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1215467
Global Moringa Seeds Market is valued at approximately USD 7.79 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 9.63 % over the forecast period 2022-2029. Moringa Seeds are sourced from pods of Moringa oleifera also known as drumstick tree. Moringa is mostly found in the Himalayan areas of India, Bangladesh, Afghanistan, and Pakistan and is grown across the Indian sub-continent. Moringa seeds are considered rich in essential amino acids, antioxidants, Vitamins, and Minerals among others. Moreover, bioactive compounds found in Moringa seeds cure and prevent different diseases including hypercholesterolemia, high blood pressure, diabetes, insulin resistance, and non-alcoholic liver disease among others. The increasing consumption of organic dietary supplements and growing medicinal benefits associated with moringa seeds are key factors accelerating the market growth.
The rising consumption of dietary supplements is contributing to the growth of the Global Moringa Seeds Market. For instance, according to Statista - in 2018, the North American dietary supplement market was valued at USD 42.6 billion, and it further increased to USD 50.7 billion in 2020. Additionally, the market would grow to USD 72 billion by 2026. Moreover, as per Statista - in 2021, the global market for dietary supplements was valued at USD 137 billion, and the market is projected to grow to USD 185.1 billion by 2025. Also, growing number of health-conscious individuals and rising pharmaceuticals industry in developing regions would create a lucrative growth prospectus for the market over the forecast period. However, side effects associated with Moringa Seeds such as upset stomach, blood pressure, slow heart rate, etc. and lack of penetration coupled with stringent regulatory framework stifle market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Moringa Seeds Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific dominated the market in terms of revenue, owing to the dominance of leading market players and large cultivation of Moringa (Drumsticks) in the region. Whereas North America is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising demand for dietary supplements and increasing penetration of branded products from leading market players in the region.
Major market players included in this report are:
New Global Energy Inc.
Green Earth Products Pvt. Ltd.
Vyora Herbals Private Limited
Marudhar Impex
Paritosh Herbals
Philippine Moringa and More Corporation
Jailev International Trading Corporation
Tropical Palm Herb Manufacturing
Mother's Farm
Genius Nature Herbs Private Limited
Recent Developments in the Market:
Global Moringa Seeds Market Report Scope:
Historical Data: 2019-2020-2021
Base Year for Estimation: 2021
Forecast period: 2022-2029
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Application, Product Type, Distribution Channel, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Application
Dietary Supplements
Pharmaceuticals
Cosmetics
By Product Type
Moringa Seeds & Oil
Moringa Leaves & Leaf Powder
Moringa Fruits, Tea & Pods
By Distribution Channel
Direct
Indirect
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
List of figures
List of tables and figures and dummy in nature, final lists may vary in the final deliverable