Moringa Oil Market to Hit US$ 12.6 Billion by 2030: Riding the Wave of Wellness and Sustainability – Market Study by RationalStat

The global moringa oil market is expected to reach US$ 12.6 billion by 2030, with an annual growth rate of more than 9.5%


Wilmington, Delaware, Nov. 23, 2023 (GLOBE NEWSWIRE) -- Global Moringa Oil Market is valued at US$ 6.7 billion in 2023 and is expected to grow at a significant CAGR of over 9.5% over the forecast period of 2023-2030, according to the published market report by RationalStat


Market Definition, Market Scope, and Report Overview

Moringa oil is a highly nutritious and versatile vegetable oil extracted from the seeds of the Moringa oleifera tree, often referred to as the "drumstick tree" or "horseradish tree." This tree is native to parts of Asia and Africa and is renowned for its various culinary, medicinal, and industrial applications. Moringa oil is commonly used for its exceptional nutritional properties and is valued for its potential health benefits, as well as its applications in the beauty and cosmetic industry.

Growing awareness among consumers about the health and beauty benefits of moringa oil has led to increased demand for products containing this oil. Consumers are becoming more conscious of using natural and organic ingredients in their skincare and haircare routines.

  • According to a deep-dive market assessment by RationalStat, the global moringa oil market has been analyzed on the basis of market segments, including extraction method, nature, end user and geography/regions (including North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa, and Asia Pacific). The report also offers global and regional market sizing for the historical period of 2019-2022 and the forecast period of 2023-2030.
  • Market intelligence for the global moringa oil market covers market sizes on the basis of market value (US$/EUR Million) and volume (Liters) by various products/services/equipment, demand assessment across the key regions, customer sentiments, price points, cost structures, margin analysis across the value chain, financial assessments, historical and forecast data, key developments across the industry, import-export data, trade overview, components market by leading companies, etc.
  • In addition, the long-term sector and products/services 10-year outlook and its implications on the global moringa oil market. It also includes the industry's current state – Production Levels, Capacity Utilization, Tech quotient, etc. Key information will be manufacturing capacity by country, installed base, import volumes, market size, key players, market size, dynamics, market data, insights, etc.

Request A Customization- https://store.rationalstat.com/store/global-moringa-oil-market/#tab-ux_global_tab

Global Moringa Oil Market: Segmental and Market Share Analysis

  • On the basis of end user, personal care & cosmetic is expected to dominate the moringa oil market, primarily due to the wide benefits associated with the use of moringa oil, and the rising demand for natural and organic beauty products.
  • On the basis of nature, organic is expected to experience significant growth.

Report Synopsis

Report Metrics Details
Base Year 2023
Forecast Period 2023-2030
Base Year Market Size US$ 6.7 billion
Market Size Forecast US$ 12.6 billion
Growth Rate 9.5%
Key Market Drivers
  • Rising consumer awareness
  • Rising health consciousness
  • Increasing beauty consciousness
  • Rising demand for natural and organic products
Companies Profiled
  • Ancient Greenfields PVT LTD
  • Grenera Nutrients Private Limited
  • The Moringa Group
  • Earth Expo Company
  • Green Virgin Products
  • Aayuritz Phytonutrients Pvt.Ltd
  • True Moringa
  • Moringa Connect
  • Mr. Nature’s
  • Organic India

Explore more about this report- https://store.rationalstat.com/store/global-moringa-oil-market/#tab-ux_global_tab

Competition Analysis and Market Structure

Some of the prominent players and suppliers operating and contributing significantly to the global moringa oil market growth include Ancient Greenfields PVT LTD, Grenera Nutrients Private Limited, The Moringa Group, Earth Expo Company, Green Virgin Products, Aayuritz Phytonutrients Pvt.Ltd, True Moringa, Moringa Connect, Mr. Nature’s, and Organic India, among others.

Get A Free Sample- https://store.rationalstat.com/store/global-moringa-oil-market/#tab-ux_global_tab

RationalStat has segmented the global moringa oil market based on extraction method, nature, end user and region

  • Global Moringa Oil Market Value (US$ Million), Volume (Liters), and Market Share (2019-2030) Analysis by Extraction Method
    • Cold Press
    • Soxhlet Extraction Method
    • Supercritical Fluid Extraction
    • Microwave Assisted Extraction (MAE)
    • Others
  • Global Moringa Oil Market Value (US$ Million), Volume (Liters), and Market Share (2019-2030) Analysis by Nature
    • Conventional
    • Organic
  • Global Moringa Oil Market Value (US$ Million), Volume (Liters), and Market Share (2019-2030) Analysis by End User
    • Personal Care & Cosmetic
    • Food & Beverage
    • Pharmaceutical
    • Industrial
    • Others
  • Global Moringa Oil Market Value (US$ Million), Volume (Liters), and Market Share (2019-2030) Analysis by Region
    • North America Moringa Oil Market Value (US$ Million), Volume (Liters), and Market Share (2019-2030) Analysis by Country
      • US
      • Canada
    • Latin America Moringa Oil Market Value (US$ Million), Volume (Liters), and Market Share (2019-2030) Analysis by Country
      • Brazil
      • Mexico
      • Rest of Latin America
    • Western Europe Moringa Oil Market Value (US$ Million), Volume (Liters), and Market Share (2019-2030) Analysis by Country
      • Germany
      • UK
      • France
      • Spain
      • Italy
      • Benelux
      • Nordic
      • Rest of Western Europe
    • Eastern Europe Moringa Oil Market Value (US$ Million), Volume (Liters), and Market Share (2019-2030) Analysis by Country
      • Russia
      • Poland
      • Hungary
      • Other CIS Countries
      • Rest of Eastern Europe
    • Asia Pacific Moringa Oil Market Value (US$ Million), Volume (Liters), and Market Share (2019-2030) Analysis by Country
      • China
      • Japan
      • India
      • South Korea
      • Australia
      • ASEAN
        • Indonesia
        • Thailand
        • Philippines
        • Vietnam
        • Malaysia
        • Rest of ASEAN
      • Rest of Asia Pacific
    • Middle East & Africa Moringa Oil Market Value (US$ Million), Volume (Liters), and Market Share (2019-2030) Analysis by Country
      • GCC
        • Saudi Arabia (KSA)
        • United Arab Emirates (UAE)
        • Rest of the GCC
      • South Africa
      • Nigeria
      • Turkey
      • Rest of the Middle East & Africa

For more information about this report- https://store.rationalstat.com/store/global-moringa-oil-market

Key Questions Answered in the Moringa Oil Report:

  • What will be the market value of the global moringa oil market by 2030?
  • What is the market size of the global moringa oil market?
  • What are the market drivers of the global moringa oil market?
  • What are the key trends in the global moringa oil market?
  • Which is the leading region in the global moringa oil market?
  • What are the major companies operating in the global moringa oil market?
  • What are the market shares by key segments in the global moringa oil market?  

Explore Our Trending Reports

  • Global Castor Oil and Derivatives Market-The global castor oil and derivatives market is expected to grow at a CAGR of around 4.5% during the forecast period of 2023-2030 and is estimated at US$ 1.21 billion in 2023.
  • Global Citronella Oil Market- The global citronella oil market is estimated to witness a moderate growth rate of around 5.5% during the forecast period of 2023–2028 and was valued at around US$ 178 million in 2022.
  • Global Cottonseed Oil Market- The global cottonseed oil production reached around 5 million tons in 2022 and is poised to grow with a CAGR of 3.0% from 2023-2030, due to its increasing demand for cottonseed oil in food products.
  • Global Sesame Oil Market-Global sesame oil market is expected to grow at a CAGR of around 4.5% during the forecast period of 2023-2028 and was valued at around US$ 2.1 billion in 2022.
  • Global Clover Leaf Oil Market- Global sesame oil market is expected to grow at a CAGR of around 4.5% during the forecast period of 2023-2028 and was valued at around US$ 2.1 billion in 2022.
  • Global Biodegradable Diapers Market - Increasing consumers’ focus on eco-friendly diapers is propelling the demand for biodegradable market.
  • Global Halal Cosmetics Market- Halal cosmetics market is highly vibrant, and with over 1.8 billion Muslims on the planet, it is rapidly developing. Muslims choose halal items as these items are in line with their religious views.
  • Global Baby Prams & Strollers Market- Global baby prams & strollers market is estimated to witness a moderate growth rate of around 5% during the period 2019-2028.
  • Global Air Purifiers Market -Global air purifiers market is expected to witness a significant growth rate of over 6.5% during the forecast period 2022-2028.
  • Global Smart Kitchen Appliances Market - Global smart kitchen appliances market is estimated to exhibit a strong CAGR of around 14% during the forecast period.
  • Global Hair Extensions Market - Global hair extensions market stood at US$ 7.5 billion in 2021 and is expected to grow at a significant growth rate of 5.3% in the period of 2022-2028.

Research Methodology

RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts’ viewpoint to create a research methodology for market sizing and forecasting.

RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:

  • Defining the problem by understanding the type of market and data required by the client.
  • Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
  • Formulating a hypothesis to create market numbers, forecasts, influencing factors, and their relevance.
  • Evaluating and analyzing the data by referring to data sources utilized and leveraged.
  • Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.

Download Key Insights and Market Data - Raise a Query

About RationalStat LLC                    

RationalStat is an end-to-end global market intelligence and consulting company that provides comprehensive market research reports, customized strategy, and consulting studies. The company has sales offices in India, Mexico, and the US to support global and diversified businesses. The company has over 80 consultants and industry experts, developing more than 850 market research and industry reports for its report store annually.

RationalStat has strategic partnerships with leading data analytics and consumer research companies to cater to the client’s needs. Additional services offered by the company include consumer research, country reports, risk reports, valuations and advisory, financial research, due diligence, procurement and supply chain research, data analytics, and analytical dashboards.

Contact

RationalStat LLC

Kimberly Shaw,

Content and Press Manager

sales@rationalstat.com

US Phone: +1 302 803 5429

UK Phone:  +44 203-287-1245

LinkedIn | FacebookTwitterInstagramPinterest