Moringa's market size is projected to grow by $2.85 bn during 2021-2025, progressing at a CAGR of 8% during the forecast period.
Moringa oleifera is a tree usually titled as the drumstick tree or “the miracle tree”, that has been considerably recognized owing to the benefits it contributes towards physical and mental wellness for many years.
A single cup of fresh minced leaves (21 grams) includes 2 grams of protein, vitamin B6 - 19% of the RDA, vitamin C - 12% of the RDA, iron - 11% of the RDA, riboflavin(B2) - 11% of the RDA, vitamin A (from beta-carotene) - 9% of the RDA and magnesium - 8% of the RDA.
Asia Pacific Moringa Market has dominated the Moringa market share for a long time and according to 2020, the owing has heightened moreover about the health and nutritive advantages of moringa in traditional herbal medicine, particularly in developing economies like India and China. Furthermore, the rising inclination towards veganism and plant-based diet options is fuelling the Moringa market during the forecast period of 2021-2026. According to 2020, market research, Asia Pacific dominated the market with 35%, followed by North America 28%, Europe 22%, etc.
The moringa tree's exceptional nutritional properties for its ingredients such as seeds, pods, flowers, leaves, and so on are propelling its growth in the global market. Protein, carbohydrate, calcium, phosphorus, potassium, iron, vitamins, beta carotene, and other bioactive compounds make it popular among health-conscious consumers.
Moringa is used in Food And Beverages, Cosmetic And Skincare Products, Bakery And Confectionery, Pharmaceutical Industry.
Almost 80 per cent of the production of moringa leaves happens in India with a growing rate of 26-30 per cent annually. The export of moringa leaves is a big business in Tamil Nadu, Andhra Pradesh, Karnataka and Odisha state. The major countries which import moringa leaves are China, the US, Germany, Canada, South Korea and European countries.
We, Malligha Foods is a fast and upcoming company that has a rich heritage and richer experience in the foods business. Our forefathers started the business in 1920 by importing sugar, pulses, and coconut oil from erstwhile Ceylon (now Sri Lanka). Later, we added Tamarind to the list. Subsequently, we ventured into manufacturing and exporting of asafoetida products. In fact, we were the first South Indian importer of raw asafoetida from Afghanistan. We also started manufacturing sugar candy for the Indian market.
Keeping in line with our vision to provide healthy products, we have recently started dealing in moringa and a range of value added products within it, under the name Moringuard. As a company, we have always been guided by and take immense pride in providing the best natural foods to enhance the quality of our customer’s lives. We take utmost care and effort in ensuring every product that leaves our gates is made to stringent quality standards. It’s a family legacy for generations and a promise we religiously strive to keep!
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