Moringa Extract Market to be Worth $10.65 Billion by 2031 Moringa Extract Market by Type (Moringa Leaf Extract, Moringa Seed Extract, Moringa Bark Extract, Moringa Root Extract), Form (Powder, Liquid), Application (Food & Beverage, Cosmetics & Personal Care, Pharmaceuticals), and Geography - Global Forecast to 2031

Meticulous Research®— leading global market research company, published a research report titled ‘Moringa Extract Market by Type (Moringa Leaf Extract, Moringa Seed Extract, Moringa Bark Extract, Moringa Root Extract), Form (Powder, Liquid), Application (Food & Beverage, Cosmetics & Personal Care, Pharmaceuticals), and Geography - Global Forecast to 2031.’

According to this latest publication from Meticulous Research®, the Moringa Extract Market is projected to reach $10.65 billion by 2031, at a CAGR of 9.8% during the forecast period 2024–2031. Factors driving the growth of this market include the growing demand for natural & plant-based supplements, increasing awareness of health and wellness among consumers, and rising demand for natural and organic ingredients. However, factors such as limited awareness about the benefits and uses of moringa extract and the lack of regulations and quality standards for moringa extract restrain this market’s growth.

Further, the growing interest in moringa extract as a functional ingredient in the food and beverage industry is expected to generate market growth opportunities for the stakeholders operating in this market. Furthermore, the rising consumer preference for superfoods is a major trend in the moringa extract market.

Key Players

Some of the key players operating in the global moringa extract market are Medikonda Nutrients (India), Sabinsa Corporation (U.S.), Botanic Healthcare Pvt. Ltd. (India), Allpure Organics (India), Himalayan Herbaria, Inc. (India), Phyto Life Sciences Pvt. Ltd. (India), S.A. Herbal Bioactives LLP (India), Alpspure Lifesciences Private Limited (India), Taiyo Kagaku Co., Ltd. (Japan), Hunan New Mstar Biotechnology Co., Ltd. (China), Vedaoils Private Limited (India), and Victoriafalls Ingredients Pvt. Ltd (India).

Based on type, the global moringa extract market is segmented into moringa leaf extract, moringa seed extract, moringa bark extract, and moringa root extract. In 2024, the moringa leaf extract segment is expected to account for the largest share of 54.2% of the global moringa extract market. This segment’s large market share is attributed to the wide availability of raw materials and the growing demand for moringa leaf extracts in industries like dietary supplements, pharmaceuticals, cosmetics, and food and beverages. The rich nutritional profile of moringa leaf, which includes vitamins, minerals, and antioxidants, along with rising consumer awareness of its health benefits, is expected to further drive the demand for moringa leaf extract globally.

Based on form, the global moringa extract market is segmented into powder and liquid. In 2024, the powder moringa extract segment is expected to account for the larger share of 77.0% of the global moringa extract market. This segment’s large market share is attributed to the benefits offered by powdered moringa, including its ease of use, longer shelf life compared to liquid extracts and versatility, especially in the supplements industry. Powdered moringa is easier to incorporate into food and beverage products and more convenient for manufacturers in terms of transport and storage.

Based on application, the global moringa extract market is segmented into dietary supplements, food & beverage, cosmetics & personal care, pharmaceuticals, and other applications. In 2024, the dietary supplements segment is expected to account for the largest share of 39.5% of the global moringa extract market. This segment’s large market share is attributed to the increasing demand for natural and plant-based ingredients in dietary supplements, a rising focus on preventive healthcare, and consumer interest in health and wellness. The rising popularity of moringa-based supplements, driven by their perceived health benefits, is expected to contribute significantly to the growth of this segment.

Geographic Review This research report analyzes major geographies and provides a comprehensive analysis of North America (U.S., Canada), Europe (Germany, France, U.K., Italy, Spain, Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Rest of Asia-Pacific), Latin America (Brazil, Mexico, Rest of Latin America), and Middle East & Africa. In 2024, Asia-Pacific is expected to account for the largest share of 35.3% of the moringa extract market, followed by North America, Europe, Latin America, and the Middle East & Africa. Asia-Pacific’s significant market share can be attributed to several key factors, including the presence of a large number of key players, easy and abundant availability of raw materials, increasing awareness about the health benefits of moringa extract in the region, increasing consumer focus on health and wellness, and rising demand for plant-based products.

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Key Questions Answered in the Report:

•  What is the revenue generated by the moringa extract market?
• At what rate is the global demand for moringa extract projected to grow for the next 5-7 years?
• What is the historical market size and growth rate for the moringa extract market?
• What are the major factors impacting the growth of this market at global and regional levels?
• What are the major opportunities for existing players and new entrants in the market?
• Which type, form, and application segments create major traction for the manufacturers in this market?
• What are the key geographical trends in this market? Which regions/countries are expected to offer significant growth opportunities for the manufacturers operating in the moringa extract market?
• Who are the major players in the moringa extract market? What are their specific product offerings in this market?
• What recent developments have taken place in the moringa extract market? What impact have these strategic developments created on the market?

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