Market Research Future (Food and Beverages) Moringa Products Market | Page 3

Moringa Products Market Research Report - Forecast till 2023 2 Market Overview Moringa products are witnessing a high growth in the pharmaceuticals and cosmetics industry due to the health benefits offered by them. Moringa is gaining popularity and is used in various dishes, due to its high nutritional content. The market is experiencing a rise in its growth owing to the increasing demand for moringa products due to its nutritional values. The moringa leaves are enriched with vitamins, minerals, and vital phytochemicals for human body. The substance extracted from the moringa leaves is utilized in augmenting breast milk in lactating mothers and also aids in treating malnutrition. The market players are focusing on their R&D activities to launch new and innovative moringa products, as there is an increasing demand for the moringa supplements. In addition, the players are also focusing on making such products accessible and visible to the customers across the globe, owing to its antioxidant, antimicrobial and anti- inflammatory properties. Moreover, moringa works as an antidiabetic agent, that aids in controlling both type 1 and type 2 diabetes. Thus, these factors are expected to drive the moringa market during the forecast period. Regional Analysis: Asia Pacific is expected to dominate the moringa products market during the forecast period. The region’s dominance can be attributed to various factors such as the presence of several market players, increasing awareness regarding health benefits of moringa among consumers. Moringa provides several health benefits, which leads to its usage in treating Hypertension, Asthma, Urolithiasis, Diabetes, Neurodegenerative Diseases, and Edema. Increasing usage of moringa in cosmetics, medicines and water purification by European consumers is expected to render a significant share of the market to Europe during the upcoming years. However, North America is anticipated to register the highest CAGR due higher inclination of consumers towards trying new products, as the awareness about health benefits of moringa is increasing. Page | 3 Copyright © 2017 Market Research Future.