Market revenue in 2020 | USD 5,669.2 million |
Market revenue in 2028 | USD 11,743.7 million |
Growth rate | 9.5% (CAGR from 2020 to 2028) |
Largest segment | Seed |
Fastest growing segment | Leaves |
Historical data covered | 2017 - 2019 |
Base year for estimation | 2020 |
Forecast period covered | 2021 - 2028 |
Quantitative units | Revenue in USD million |
Market segmentation | Leaves, Seed, Roots, Flowers |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to moringa ingredients market will help companies and investors design strategic landscapes.
Seed was the largest segment with a revenue share of 44.05% in 2020. Horizon Databook has segmented the Global moringa ingredients market based on leaves, seed, roots, flowers covering the revenue growth of each sub-segment from 2017 to 2028.
As the population ages, the occurrence of chronic diseases associated with excess calorie intake is on the rise along with healthcare costs. Consumers these days are searching for cost-efficient methods to prevent the occurrence of such diseases. The changing lifestyle trends have led to an increase in diseases such as cardiovascular and diabetes.
The cost of treating heart diseases and diabetes is generally high. Thus, the increased healthcare and pharmaceutical costs have led consumers towards adopting self-health management and healthy eating habits, in turn, boosting the demand for moringa ingredients.
Horizon Databook provides a detailed overview of global-level data and insights on the Global moringa ingredients market , including forecasts for subscribers. This global databook contains high-level insights into Global moringa ingredients market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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