Description
North America Moringa Products Market Research Report—Forecast till 2026
Market Overview
North America Moringa Products Market is anticipated to exhibit a CAGR of 10.0% to reach USD 2,263.6 Million during the review period. Moringa products are extracted from various parts of the Moringa tree which are also referred to as drumstick tree, horseradish tree, or ben oil tree. These plants have many medicinal properties and health benefits, and it is a rich source of proteins, vitamins, and minerals. The moringa products are consumed in powders, oils, capsules, pills, soaps, and seeds and help in lowering blood sugar levels, reducing joint pain, and improving heart function. Moringa leaves are a healthy source of minerals such as potassium, calcium, zinc, copper, magnesium, and iron, vitamins such as folic acid, pyridoxine, and nicotinic acid, vitamins C, D, and E, and phytochemicals such as tannins, sterols, terpenoids, and flavonoids. Additionally, Moringa leaves have a low-caloric value, leading to their use in treating obesity.
North America Moringa Products Market is estimated to exhibit significant market expansion during the review period owing to the nutritive and medicinal properties of moringa and the growing use of moringa in various industries. Additionally, all parts of the moringa tree are used for treating various ailments in the indigenous medicine of North America. However, regardless of the high cultivation of moringa in Asia and Africa, the demand in North America far exceeds the production and import leads to a widening demand-supply gap. Therefore, the gap in the demand and supply of moringa is evaluated to restrain the growth of the North American moringa products market during the study period.
Market Segmentation
North America moringa products have been segmented by type and end-use segment. By type segment, the market has been divided into leaves & leaf powder, oil, seeds, and others. The leaves & leaf powder segment dominated the market owing to the largest market share in 2019.
Based on end-use type, the market is classified into functional food & beverages, nutraceuticals, pharmaceuticals, personal care, and others. The nutraceuticals segment is expected to contribute to the largest market during the review period.
Regional Analysis
The country-specific analysis of the North America moringa products market is studied across the US, Canada, and Mexico.
In 2019 the US accounted for the largest share of the moringa products market owing to 65% of the market share. The region is expected to exhibit an expansion of healthy CAGR of CAGR 9.9% during the review period due to the nutritive properties of moringa, its application is rising as dietary supplements in the US. However, in 2019, All Moringa, a company based in the US, launched powdered moringa and moringa capsules. Furthermore, the rising application of natural ingredients in cosmetic products is expected to surge the demand for moringa in the personal care industry of the country.
Major Players
The Key Players in the North America moringa products market are Moringa Pura Vida (Mexico), Kuli Kuli, Inc. (US), Sunfood (US), ADUNA Ltd. (UK), Ancient Greenfields Pvt Ltd (India),Only Natural Inc. (US), Green Virgin Products LLC (US), Kiva (US), Bio Nutrition Inc. (US), and Nutramarks, Inc.(US).
COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.
Table of Contents
TABLE OF CONTENT
1 EXECUTIVE SUMMARY
1.1.1 NORTH AMERICA MORINGA PRODUCTS MARKET, BY PRODUCT TYPE 14
1.1.2 NORTH AMERICA MORINGA PRODUCTS MARKET, BY END USE 15
2 MARKET INTRODUCTION
2.1 DEFINITION 16
2.2 SCOPE OF STUDY 16
2.3 MARKET STRUCTURE 16
2.4 KEY BUYING CRITERIA 17
3 RESEARCH METHODOLOGY
3.1 RESEARCH PROCESS 18
3.2 PRIMARY RESEARCH 19
3.3 SECONDARY RESEARCH 20
3.4 MARKET SIZE ESTIMATION 21
3.5 FORECAST MODEL 22
3.6 LIST OF ASSUMPTIONS & LIMITATIONS 23
4 MARKET DYNAMICS
4.1 INTRODUCTION 24
4.2 DRIVERS 25
4.2.1 NUTRITIVE AND MEDICINAL PROPERTIES OF MORINGA 25
4.2.2 INCREASING APPLICATION OF MORINGA IN VARIOUS INDUSTRIES 27
4.2.3 DRIVERS IMPACT ANALYSIS 27
4.3 RESTRAINT 28
4.3.1 GAP IN DEMAND AND SUPPLY 28
4.3.2 RESTRAINT IMPACT ANALYSIS 28
4.4 OPPORTUNITY 29
4.4.1 RISING DEMAND FOR NATURAL PRODUCTS 29
4.5 CHALLENGE 29
4.5.1 LIMITED CONSUMER AWARENESS 29
5 MARKET FACTOR ANALYSIS
5.1 VALUE CHAIN ANALYSIS 30
5.1.1 RAW MATERIAL PROCUREMENT 31
5.1.2 PROCESSING 31
5.1.3 PACKAGING 31
5.2 SUPPLY CHAIN ANALYSIS 32
5.3 PORTER’S FIVE FORCES MODEL 33
5.3.1 THREAT OF NEW ENTRANTS 33
5.3.2 BARGAINING POWER OF SUPPLIERS 34
5.3.3 BARGAINING POWER OF BUYERS 34
5.3.4 THREAT OF SUBSTITUTES 34
5.3.5 INTENSITY OF RIVALRY 34
5.4 IMPACT OF COVID-19 ON THE NORTH AMERICA MORINGA PRODUCTS MARKET 35
5.5 LIST OF POTENTIAL BUYERS IN NORTH AMERICA 36
5.6 IMPORT VOLUME FOR NORTH AMERICA 36
5.7 AVERAGE PRICING PER TON FOR NORTH AMERICAN REGION 36
6 NORTH AMERICA MORINGA PRODUCTS MARKET, BY PRODUCT TYPE
6.1 OVERVIEW 37
6.1.1 NORTH AMERICA MORINGA PRODUCTS MARKET ESTIMATES & FORECAST, BY PRODUCT TYPE, 2020–2026 (USD MILLION) 38
6.1.2 NORTH AMERICA MORINGA PRODUCTS MARKET ESTIMATES & FORECAST, BY PRODUCT TYPE, 2020–2026 (KT) 38
6.2 LEAVES & LEAF POWDER 39
6.2.1 LEAVES & LEAF POWDER: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020–2026 (USD MILLION) 39
6.2.2 LEAVES & LEAF POWDER: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020–2026 (KT) 39
6.3 OIL 40
6.3.1 OIL: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020–2026 (USD MILLION) 40
6.3.2 OIL: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020–2026 (KT) 40
6.4 SEEDS 41
6.4.1 SEEDS: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020–2026 (USD MILLION) 41
6.4.2 SEEDS: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020–2026 (KT) 41
6.5 OTHERS 42
6.5.1 OTHERS: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020–2026 (USD MILLION) 42
6.5.2 OTHERS: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020–2026 (KT) 42
7 NORTH AMERICA MORINGA PRODUCTS MARKET, BY END USE
7.1 OVERVIEW 43
7.1.1 NORTH AMERICA MORINGA PRODUCTS MARKET ESTIMATES & FORECAST, BY END USE, 2020–2026 (USD MILLION) 44
7.1.2 NORTH AMERICA MORINGA PRODUCTS MARKET ESTIMATES & FORECAST, BY END USE, 2020–2026 (KT) 44
7.2 FUNCTIONAL FOOD & BEVERAGES 45
7.2.1 FUNCTIONAL FOOD & BEVERAGES: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020–2026 (USD MILLION) 45
7.2.2 FUNCTIONAL FOOD & BEVERAGES: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020–2026 (KT) 45
7.3 NUTRACEUTICAL 46
7.3.1 NUTRACEUTICALS: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020–2026 (USD MILLION) 46
7.3.2 NUTRACEUTICALS: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020–2026 (KT) 46
7.4 PHARMACEUTICALS 47
7.4.1 PHARMACEUTICALS: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020–2026 (USD MILLION) 47
7.4.2 PHARMACEUTICALS: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020–2026 (KT) 47
7.5 PERSONAL CARE 48
7.5.1 PERSONAL CARE: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020–2026 (USD MILLION) 48
7.5.2 PERSONAL CARE: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020–2026 (KT) 48
7.6 OTHERS 49
7.6.1 OTHERS: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020–2026 (USD MILLION) 49
7.6.2 OTHERS: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020–2026 (KT) 49
8 NORTH AMERICA MORINGA PRODUCTS MARKET, BY COUNTRY
8.1 OVERVIEW 50
8.2 US 52
8.3 CANADA 54
8.4 MEXICO 56
9 COMPETITIVE LANDSCAPE
9.1 COMPETITIVE OVERVIEW 58
9.2 MARKET STRATEGY ANALYSIS 58
9.3 COMPETITIVE BENCHMARKING 59
10 COMPANY PROFILES
10.1 MORINGA PURA VIDA 60
10.1.1 COMPANY OVERVIEW 60
10.1.2 FINANCIAL OVERVIEW 60
10.1.3 PRODUCTS OFFERED 60
10.1.4 KEY DEVELOPMENTS 60
10.1.5 SWOT ANALYSIS 61
10.1.6 KEY STRATEGIES 61
10.2 KULI KULI, INC. 62
10.2.1 COMPANY OVERVIEW 62
10.2.2 FINANCIAL OVERVIEW 62
10.2.3 PRODUCTS OFFERED 62
10.2.4 KEY DEVELOPMENTS 63
10.2.5 SWOT ANALYSIS 63
10.2.6 KEY STRATEGIES 63
10.3 ONLY NATURAL INC. 64
10.3.1 COMPANY OVERVIEW 64
10.3.2 FINANCIAL OVERVIEW 64
10.3.3 PRODUCTS OFFERED 64
10.3.4 KEY DEVELOPMENTS 64
10.3.5 SWOT ANALYSIS 65
10.3.6 KEY STRATEGIES 65
10.4 GREEN VIRGIN PRODUCTS LLC 66
10.4.1 COMPANY OVERVIEW 66
10.4.2 FINANCIAL OVERVIEW 66
10.4.3 PRODUCTS OFFERED 66
10.4.4 KEY DEVELOPMENTS 67
10.4.5 SWOT ANALYSIS 67
10.4.6 KEY STRATEGIES 67
10.5 ANCIENT GREENFIELDS PVT LTD. 68
10.5.1 COMPANY OVERVIEW 68
10.5.2 FINANCIAL OVERVIEW 68
10.5.3 PRODUCTS OFFERED 68
10.5.4 KEY DEVELOPMENTS 68
10.5.5 SWOT ANALYSIS 69
10.5.6 KEY STRATEGIES 69
10.6 KIVA 70
10.6.1 COMPANY OVERVIEW 70
10.6.2 FINANCIAL OVERVIEW 70
10.6.3 PRODUCTS OFFERED 70
10.6.4 KEY DEVELOPMENTS 70
10.6.5 KEY STRATEGIES 70
10.7 SUNFOOD 71
10.7.1 COMPANY OVERVIEW 71
10.7.2 FINANCIAL OVERVIEW 71
10.7.3 PRODUCTS OFFERED 71
10.7.4 KEY DEVELOPMENTS 71
10.7.5 KEY STRATEGIES 71
10.8 ADUNA LTD. 72
10.8.1 COMPANY OVERVIEW 72
10.8.2 FINANCIAL OVERVIEW 72
10.8.3 PRODUCTS OFFERED 72
10.8.4 KEY DEVELOPMENTS 72
10.8.5 KEY STRATEGIES 72
10.9 BIO NUTRITION INC. 73
10.9.1 COMPANY OVERVIEW 73
10.9.2 FINANCIAL OVERVIEW 73
10.9.3 PRODUCTS OFFERED 73
10.9.4 KEY DEVELOPMENTS 73
10.9.5 KEY STRATEGIES 73
10.10 NUTRAMARKS, INC. 74
10.10.1 COMPANY OVERVIEW 74
10.10.2 FINANCIAL OVERVIEW 74
10.10.3 PRODUCTS OFFERED 74
10.10.4 KEY DEVELOPMENTS 74
10.10.5 KEY STRATEGIES 74