USD 2.85 Bn growth in Moringa Products Market | Driven by Health
NEW YORK, Nov. 9, 2021 /PRNewswire/ — The moringa products market is set to grow by USD 2.85 billion, accelerating at a CAGR of over 8% from 2020 to 2025, according to the latest market research report by Technavio.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Aayuritz Phytonutrients Pvt. Ltd., Ancient GreenFields Pvt. Ltd., Bio Moringa Oleifera GmbH, Earth Expo Co., GREEN ERA FOODS & NUTRACEUTICS, Grenera Nutrients Pvt. Ltd., Kuli Kuli Inc., KV Natural Ingredients Pvt. Ltd., Moringa Farms Inc., and ORGANIC INDIA Pvt. Ltd. are some of the major market participants. The rising awareness of the health benefits of moringa products and the growth of organized retail sector will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments.
The report covers the following areas:
Moringa Products Market 2021-2025: Segmentation
By Product, the moringa seeds and oil segment generated maximum growth in the market in 2020. The segment is driven by the growing demand for moringa seeds and oil globally. By region, APAC is expected to offer significant growth opportunities for market players during the forecast period. About 57% of the market growth is expected to originate in APAC over the forecast period. India and China are the key markets for moringa products in APAC.
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Moringa Products Market 2021-2025: Vendor Analysis and Scope
To help businesses improve their market position, the moringa products market provides a detailed analysis of around 25 vendors operating in the market. Some of these vendors include Aayuritz Phytonutrients Pvt. Ltd., Ancient GreenFields Pvt. Ltd., Bio Moringa Oleifera GmbH, Earth Expo Co., GREEN ERA FOODS & NUTRACEUTICS, Grenera Nutrients Pvt. Ltd., Kuli Kuli Inc., KV Natural Ingredients Pvt. Ltd., Moringa Farms Inc., and ORGANIC INDIA Pvt. Ltd.
The growing popularity of organic moringa products is likely to emerge as one of the primary drivers of the market. However, distribution challenges might threaten the growth of the market.
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Moringa Products Market 2021-2025: Key Highlights
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CAGR of the market during the forecast period 2021-2025
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Detailed information on factors that will assist moringa…
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