Herbal medicine is increasingly becoming popular because they need found success in treating certain diseases that conventional medicines have failed. Other attributes of herbal medicines includes better tolerance and fewer side-effects, efficacy, widespread availability and low costs. Moringa oleifera Lam utilized in the treatment of varied diseases including hepatitis, hypertension, diabetes, cancer, and HIV-AIDS, diarrhea, ulcer, rheumatism, anemia, alopecia and tract infections. It’s also been reported to be beneficial in enhancing lactation and management of several nutritional deficiencies like obesity, scurvy, marasmus, kwashiorkor etc.
Moringa is grown in home gardens in west bengal and Odisha and as living fences in southern India and Thailand, where it's commonly sold in local markets. Within the Philippines and Indonesia, it's commonly grown for its leaves which are used as food. Moringa is additionally actively cultivated by the planet Vegetable Center in Taiwan, a middle for vegetable research. In Haiti, it's grown as windbreaks and to assist reduce erosion. More generally, moringa grows within the wild or is cultivated in Central America and therefore the Caribbean, northern countries of South America, Africa, Southeast Asia and various countries of Oceania.
Due to its high nutritional value, moringa has been wont to reduce malnutrition, specifically among infants and nursing mothers, in developing tropical countries. The leaves of the plant are consumed fresh and also stored as dried powder for months.
Growing awareness regarding the medicinal benefits of moringa-based products is projected to propel industry growth. Moringa flowers, seeds, pods, leaves, gum, and bark have properties to alleviate vitamin and mineral deficiencies, promote normal blood sugar levels, provide support for a healthy circulatory system, body’s anti-inflammatory mechanisms, and system, and neutralize free radicals, andenrich anaemic blood. They need potential benefits to beat malnutrition, lactating mothers, general weakness, depression, menopause, osteoporosis, and arthritis.
Growing incidence of obesity and increasing preference of people towards nutriment products are the key factors augmenting the dietary supplements market demand.
Global cosmetics market size may grow significantly at around 5.5%during the forecast timeframe because of growing consumer demand for hair and skin potions. Shift in consumer’s preference towards herbal cosmetic products which successively may accelerate the general market demand.
The Global Moringa Products Market is expected to register a CAGR of 9.3% and reach USD 7902.9 Million by 2025. Moringa manufactured goods such as powders, oils, capsules, tablets, soaps, and seeds are acquired from separate parts of the moringa tree. The global moringa products market is projected to expand at a considerable rate over the last few years owing to the health advantages related with the products obtained from the tree. The ever-increasing use of moringa products is changing the number of moringa growers in the market. It is understood to have several advantages and it utilizes variety from health and attraction to helping prevent and cure illnesses. It can be used in various forms such as raw moringa, moringa powder used in food additions, tea and oil.
India is the prime producer of Moringa (Drumstick) with an annual production of 2.2 million tonnes of tender fruits from an area of 43,600 ha leading to the productivity of around 51 tonnes per ha. Among the different states, Andhra Pradesh leads in both area and production (15,665 ha) followed by Tamil Nadu (13042 ha) and Karnataka (10,280 ha). In other states, it occupies an area of 4,613 ha.
India is the main supplier of moringa worldwide, accounting for around 80% of global demand. In India, most moringa is produced on large plantations as a conventional ingredient. This makes it possible to sell the product at low prices. As a whole any entrepreneur can venture in this project without risk and earn profit.
Few Indian major players are as under
Shelter Pharma Ltd.
Oriental Remedies & Herbals Ltd.
Organic India Pvt. Ltd.
Kitex Herbals Ltd
Kerala Ayurveda Vaidyasala Ltd.
Kerala Ayurveda Ltd
Harrit Health Care Pvt. Ltd.
Changaramkulam Arya Vaidya Sala Ltd.
Chaitanya Pharmaceuticals Pvt. Ltd.
Ban Labs Pvt. Ltd
Ayurvedshri Herbals Ltd.
