The moringa supplements market is estimated to cross the valuation of US$ 2.9 Bn by 2031, according to a Transparency Market Report. 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.
Key Findings
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 recognised for the nutritional boost that they bring. The 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 utilised to make supplements. Majority of the the plant is used to make supplements, resulting in less wastage. As a result, it is referred to as the “wonder tree.” In addition, the 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.
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.
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.
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