Moringa Tea Market Size 2024 Global Industry Share, Top Players, Opportunities And Forecast To 2034
The global moringa tea market size to record a valuation of US$ 8,001.40 million in 2024. Looking ahead to 2034, the current forecast projects a CAGR of 10.40% throughout. Current projections of the moringa tea industry imply a valuation of US$ 21,456.10 million by 2034.
Impelling Causes Bolstering Moringa Tea Demand
Owing to its health benefits, moringa tea is a proliferating
trend among other tea beverages on the market, such as the well-known matcha
tea. The market niche of moringa tea is evolving due to its appeal to tea
lovers and health-conscious consumers. Moringa tea stands out from other tea
products due to its high nutritious content and lack of caffeine.
Among the products made from moringa are oil, tea, seeds,
and other health-related items. The global moringa tea market is augmenting due
to the ease with which raw materials can be obtained and the extensive network
of exporters of moringa tea.
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Constraining Point Limiting Adoption of Moringa Tea
Since the United States FDA does not monitor moringa, there
are issues regarding the safety and purity of the product. It is inhibiting
moringa tea market growth since customers prefer regulated products approved by
some government organizations before hitting the market.
Regional Outlook
Asia Pacific propels the moringa tea market expansion,
grabbing a substantial market share. The large presence of the moringa tree
population and the broad consumption of leaves and pods in Japan, India, and
other countries cater to the market growth of moringa tea in Asia Pacific.
The promoters of Ayurveda and alternative medication aid the
widespread cultivation of moringa trees in the Asia Pacific. The massive export
of moringa tea to Western countries, mainly to feed their enormous populations,
ushers the Asia Pacific moringa tea market.
“The moringa product market reflects
opportunistic growth due to consumer interest in health-aware and eco-friendly
products. The escalating cognizance of prospective health benefits and
environmentally safe cultivation culture optimistically induces the moringa tea
market growth.” States a lead analyst at FMI.
Key Takeaways
- The
boxes segment in the packing type category to possess a share of 68.8% in
2024.
- In
the nature category, the organic segment to grab a share of 67.1% in 2024.
- The
United States moringa tea market reflects expansion between 2024 and 2034
at a CAGR of 9.00%.
- Germany’s
moringa tea industry indicates a CAGR of 8.10% through 2034.
- Through
2034, China’s moringa tea market to show escalation at a CAGR of 5.30%.
- Between
2024 and 2034, Japan’s moringa tea industry to imply growth at a CAGR of
5.20%.
- From
2024 to 2034, the India moringa tea market to equate at a CAGR of 4.20%.
Competitive Landscape
Leading moringa tea manufacturers have introduced new items
with enhanced features. Notable moringa tea providers are concentrating on
creating novel moringa tea items with improved flavor and taste. The moringa
tea vendors are introducing tea made with organically cultivated moringa leaves
to meet the growing consumer demand for organic food and beverages.
Latest Developments
- NEXE
Innovations launched XOMA Superfoods, a new internal brand, in January
2021, catering to the developing needs of environmentally concerned and
health-conscious consumers. With the declaration of a new
direct-to-consumer e-commerce platform, NEXE aspires to spur the quantity
of products offered for online and subscription purchases.
- Premium
moringa leaves make Green Provisions’ new moringa iced tea, which debuted
in May 2020. It is a high-quality iced tea in a handy bottle pack.
Prominent Moringa Tea Vendors
- Kuli
Kuli
- Grener
- Rootalive
- Rainforest
Herbs
- Ayuritz
Phytonutrients Pvt. Ltd.
Key Segments
By Nature:
- Organic
- Conventional
By Formulation:
- Original
- Flavored
By Packing Type:
- Boxes
- Bags
- Loose
- Gift
Packing
By Type:
- Crushed
Leaves
- Tea
Infusion Bags
By Region:
- North
America
- Latin
America
- Western
Europe
- Eastern
Europe
- Japan
- Asia
Pacific
- Middle
East and Africa
Information Source:
https://www.futuremarketinsights.com/reports/moringa-tea-market
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