Moringa Ingredients Market to Witness Increased Revenue Growth Owing to HeightenPosted by Pradnya on December 3rd, 2020 The global moringa ingredients market has witnessed substantial growth over the past few years, and is expected to continue increasing throughout the forecast period of 2019-2027. Global consumption of moringa ingredients is poised to exhibit a robust CAGR of 7% over the forecast period, as suggested by a new Persistence Market Research (PMR). Moringa ingredients, as dietary supplements, are gaining rapid attraction across the world, attributed to the presence of key nutrients that offer various health benefits. Most parts of the moringa tree are filled with nutritional properties. The moringa fruit, moringa leaf, seed oil, and seed extract, all are highly nutritious moringa ingredients, which are all gaining popularity in the nutraceutical industry. The booming nutraceutical industry, especially in developed regions, is also increasing the use of moringa ingredients in dietary supplements. Key Takeaways of Moringa Ingredients Market Study
“Manufacturers can gain significant profits by focusing on the production of moringa ingredients for dietary supplements, with special focus on moringa powder for nutritional supplements, attributable to the growing demand for nutraceutical products across the globe,” says a PMR analyst. Impact of COVID-19 on Moringa Ingredients Market The food & beverage industry, which has been a significant end user of moringa ingredients, is a saving grace for this market, which found an adversary in the form of this global pandemic. The widespread outbreak across the globe has hindered the supply chain, thereby posing a challenge to the import and export of these ingredients. However, moringa ingredients, which comprise several healthy nutrients such as calcium, iron, and potassium, are finding increased application in the food & beverage industry, as the need for healthy food is higher than ever. Despite demand from the F&B sector, travel restrictions are expected to limit imports into North America, thereby limiting overall sales. Moringa Ingredients Market: Competitive Landscape Players in the moringa ingredients market are adapting their market strategies as per the current trends in the market. Leading manufacturers are using strategies such as new product launches and global expansion. Additionally, these companies are also focusing on investments in research & development facilities to further provide tailored solutions for the moringa ingredients market. Buy Now With Covid-19 Analysis and Updated Information@ https://www.persistencemarketresearch.com/checkout/31380 Explore More Valuable Insights on Global Moringa Ingredients Market Persistence Market Research, in its upcoming study, offers an impartial analysis of the global moringa ingredients market, presenting historical data (2014-2018) and estimation statistics for the period of 2019-2029. The study offers compelling insights on the moringa ingredients market based on application (food and beverages, dietary supplements, cosmetics and personal care, pharmaceuticals, textile & paper industry, others [biofuel]), nature (organic and conventional), distribution channel (business to business and business to consumer), source (leaves and fruits/pods), and form (powder and oil), across seven regions of the world. About Food & Beverage Division at Persistence Market Research The Food and Beverages team at Persistence Market Research provides all the necessary insights and consulting analysis to fulfill the unique business intelligence needs of clients worldwide. With a catalog of more than 500 reports pertaining to the latest statistics and analysis from the food & beverage industry, the team is happy to help with every business intelligence research and consulting requirement. Like it? Share it!More by this author |