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Home > News > Food Industry News > The European market for Moringace products is growing at a compound annual rate

The European market for Moringace products is growing at a compound annual rate

2020-09-21

According to a new report published by market research firm Reportlinker, the European Moringaceoe products market was valued at USD 903.1 million in 2018 and is expected to reach USD 1,895.2 million by 2027, growing at a CAGR of 8.7% during the forecast period (2019-2027).

The European Moringaceoe products market can be segmented on the basis of product into leaf powder, tea, oil, seeds, and others, with leaf powder accounting for the largest market share. Leaf powder made from naturally dried Moringaceoe leaves enhances the flavor of curries, soups, stews, salads, and others. Tea made from Moringaceoe leaves is a popular beverage that is rich in antioxidants including polyphenols and other plant compounds for effective weight control. Moringaceoe oil is rich in vitamin C for cooking, and high levels of vitamin C help boost the immune system. The anti-inflammatory and antioxidant properties of horseradish seeds help lower cholesterol levels, thereby reducing the risk of heart disease, as well as stabilize blood sugar levels and boost the immune system. Other product segments include capsules and juices, wherein horseradish capsules are used as natural nutritional supplements.

The EuropeanMoringaceoe products market can be segmented on the basis of country into Germany, France, Italy, UK, Russia, and Rest of Europe. Germany holds the largest share in the European horseradish products market.

The demand for Moringaceoe products in Germany is driven by consumers seeking various weight loss products. In recent years, the popularity of pepperwood products has also increased in France. The consumer base in France and Russia is expanding rapidly due to the growing awareness of the importance of pepperwood products and their antioxidant properties. In Italy, consumers can buy these products in many food stores and online retail outlets. As a result, high awareness and ease of purchase of Moringaceoe products has further boosted their sales in France, Russia and Italy.


Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.

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