Global Moringa Supplements Market to Rise at CAGR of 8% During forecast Period, Notes TMR Study
- Hectic lifestyle and willingness to make healthy life choices are likely to drive the intake of moringa-derived supplements
- Moringa powder and oil promise in boosting immunity and combating nutritional shortage of essential compounds
ALBANY, N.Y., Jan. 13, 2022 /PRNewswire/ -- The moringa supplements market is estimated to cross the valuation of US$ 2.9 Bn by 2031. Increasing occurrences of viral illnesses and dizziness in women and children is boosting the need for iron supplements, which is likely to drive the global moringa market. Moringa supplements are plant-based, and as a result of increasing adoption of veganism globally, they are becoming popular.
Firms in the global moringa supplements market are projected to collaborate with researchers to develop a variety of products to meet the needs of the global healthcare and pharmaceutical industries. Moringa leaves and seeds have been proven to be effective in treating sleepiness, exhaustion, and blood sugar regulation. During the ongoing pandemic, people are making deliberate attempts to remain healthy and fit. The growing popularity and awareness about moringa products globally is likely to be aided by increasing government spending on healthcare.
Consumers are increasingly turning to nutritional supplements to improve their energy levels. Organic and plant-based products are gathering steam in the market. However, excessive intake of these supplements can have adverse side effects as well, which is likely to stifle growth of the global market. If used in moderation, these products provide several health advantages. Moringa products need to be certified organic before being exported to other nations. For the production of moringa supplements, companies are focusing on employing high-quality equipment and infrastructure. In order to raise knowledge about moringa supplements, governments are focusing on promotional operations in developing nations.
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Key Findings of Market Report
- Moringa supplements are becoming increasingly popular as one of the richest sources of iron and other important minerals & vitamins. Manufacturers are working to boost production of moringa-based products and supplements. Following the coronavirus outbreak, there has been an increase in demand for such products.
- As moringa plant contains substantial levels of bioactive components such as vitamins, saponins, isothiocyanates, flavonoids, tannins, and phenolic acids, it has gained popularity in the production of supplements that aid in the prevention of chronic illnesses
- Athletes require natural meals and supplements such as moringa supplements are still highly recognized for the nutritional boost that they bring. Moringa supplements include antioxidants that protect the liver, muscular tissue, and blood, improving athletic fitness and performance.
- Moringa is a cost-effective plant since its roots, leaves, and seeds are all utilized to make supplements. Majority of the moringa plant is used to make supplements, resulting in less wastage. As a result, it is referred to as the "wonder tree." In addition, moringa plants can flourish in drought-prone locations, as they require less care.
- Iron is a vital element that aids in the production of red blood cells in the body, especially in women and children. Anemia is a dangerous condition caused by lack of iron in the body. Moringa-based supplements are among the most effective, since they are high in iron and provide other salts, vitamins, and minerals.
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Global Moringa Supplements Market: Growth Drivers
- Moringa is regarded as a superfood and is in great demand globally, which is likely to assist firms in generating more revenue from untapped geographies
- Major moringa supplement producers are focusing on obtaining appropriate label claims and certifications in order to boost the adoption of their supplements in leading regions such as North America and Europe
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Global Moringa Supplements Market: Key Players
Some of the key market players are
- The Himalaya Drug Company
- Green Era Foods & Nutraceutics
- K V Natural Ingredients Pvt. Ltd.
- Darsh Biotech Private Limited
- Organic Dehydrated Foods Pvt. Ltd.
- Angel Starch and Food Pvt. Ltd.
Global Moringa Supplements Market: Segmentation
Nature
- Organic
- Conventional
Source
- Seeds
- Leaves
Form
- Powder
- Oil
- Others
Sales Channel
- Hypermarkets/Supermarkets
- Convenience Stores
- Specialty Stores
- Online Retail
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