The Asia Pacific Moringa products market is accounted to US$ 1688.8 Mn in 2018 and is expected to grow at a CAGR of 8.4 % during the forecast period 2019 – 2027, to account to US$ 3455.9 Mn by 2027.
Moringa is a plant found in sub-Himalayan areas such as India, Pakistan, Bangladesh, and Afghanistan and is grown across tropics. Moring is known for its nutritional attributes and its leaves, bark, flowers, fruit, seeds, and root are largely used to prepare medicines. Moringa is loaded with essential nutrients such as protein, fiber, phosphorous, fat, carbohydrates, and potassium. Owing to such attributes, moringa is widely used to cure anaemia, cancer, diarrhea, headache arthritis, asthma, diabetes, and other health problems. The leaves and pods are commonly eaten in parts of Asia Pacific. In Western countries, the dried leaves are usually sold as dietary supplements, either in capsule or powdered form. Moringa products serve to be a vital source of many essential nutrients and antioxidants. Antioxidants are the compounds acting against free radicals in the bod . Moringa products also help in reducing inflammation. Inflammation is the body’s physiological response to infection or injury. It is an essential protective mechanism but can become a major health issue if continues for long. However, It is unsafe to expose the pregnant women to the bark or roots of moringa. Chemicals in the bark, root, and flowers make the uterus contract, and this can possibly lead to miscarriages. The rising consciousness about health benefits offered by moringa products is driving the market growth in the Asia Pacific region. The low caloric content of Moringa leaves helps in management of obesity, which in turn drives the demand in the entire Asia Pacific region. Moringa oleifera is known as a miracle plant with enormous potentials as it is yet to be fully explored in the food application. The use of moringa leaf powder, moringa seed powder, moringa flower powder in various food applications such as in fortifying ogi (maize gruel), amala (stiff dough), bread, yogurt, cheese, biscuits, and soup preparations has been known.
The Asia Pacifiic moringa products market is segmented based on product as leaf powder, tea, oil, seeds and others. The leaf powder segment holds the largest share in the Asia Pacific moringa products. The rich nutritional profile and the various benefits such as antioxidants, anti-aging, muscle growth and others attributed with the moringa leaf powder have favored the Asia Pacific moringa products market to a large extend.The tea that is made from the leaves of moringa or drumstick tree is a popular beverage with several foods and drinks manufacturers investing in on the trend. Moringa tea is becoming a popular choice among the health-conscious population, and the drink is also attributed to have several health benefits such as fat loss, blood pressure control, beauty benefits, and many more. The moringa oil is rich in vitamin C and can be used as an edible oil in regular cooking for stronger immunity. Moringa oil also contains anti-oxidants. These help in gaining energy and keeps one feeling fresh all day long. The moringa seeds possess a wide variety of nutrients that give these seeds anti-inflammatory and antioxidant properties. The other segment includes capsules, juices, and others. Moringa capsules are natural supplements that are widely known to provide all the nutrients and health-promoting properties to feel vibrant and energized.
Asia Pacific moringa products market is segmented based on country as – Australia, Japan, India, China, South Korea, and Rest of Asia Pacific. India holds the largest share in the Asia Pacific moringa products market, and the moringa product market in China is expected to grow at a faster pace over the forecast period. Asia-Pacific is the largest producer of moringa globally. The production in the region is mostly devoured locally due to the traditional use of moringa in wellness, skincare, and hair care. The Asia Pacific region is also the quickest increasing local market for moringa products. Emerging territories like India can reduce their dependence on various trade-in dietary inserts if moringa is used properly in their daily consumptions. Consumers in APAC are increasingly choosing cosmetics that are sourced from plants rather than mineral oils.
Some of the players present in Asia Pacific moringa products market are Aayuritz Phytonutrients Pvt. Ltd., Kuli Kuli Inc., Organic India Pvt. Ltd., Ancient Greenfields Pvt. Ltd , Earth Expo Company.
The overall Asia Pacific Moringa products market size has been derived using both primary and secondary source. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the Asia Pacific Moringa products market. Also, multiple primary interviews were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders