New York, Feb, 2022: Axiom Market Research & Consulting™ added a report on global moringa tea which includes study on nature, type, packaging, formulation, distribution channel across various countries of key regions across the globe. The global moringa tea was projected to grow at a CAGR of 9.50% for the forecast period 2022 to 2028. The global moringa tea market is estimated and forecasted in terms of revenue (USD Million) generated by the moringa tea market.
The factors such as increased use and growing preferance for caffeine-free beverages, easy availability of moringa tea through both online and offline retail channels. And rising health awareness regarding health benefits offered by the moringa tea further become of the important reason for market growth which are likely to contribute to the healthy growth of the market.
The report analyses the global moringa tea industry based on nature, type, packaging, formulation, distribution channel and geography. The moringa tea by nature is present in conventional, organic. By type, the moringa tea segmented into crushed leaves and tea infusion bags. The moringa tea market is studied according to various packaging like bags, loose and boxes. By formulation, the global moringa tea is segmented into flavoured and original. The moringa tea market by distribution channel is segmented into the online and offline. The global moringa tea market is studied across various key countries of regions such as, North America, Europe, Asia Pacific and Rest of the World.
Organic is likely to have rising new demand for moringa tea market. The organic nature has increased its demand due pure moringa contains, nutrients, antioxidants, amino acids among others. Likewise, conventional is also expected to witness new growth opportunity in the market.
The crushed leaves segment is dominate the moringa tea market. Moringa crushed leaves are easily available in the market and online platform. Consumers are more attracted to the moringa crushed leaves due to its long shelf life and convenience factor.
Loose form of packaging segment is dominates the market due to easy availability and loose form of powder can use in multiple purpose. Loose form of moringa is available in low cost and bulky.
Moringa tea is generally used in flavour. Moringa tea is available in different types of flavour like ginger, mint, lemongrass and mango.
Offline segment its offering and facilities such as discount offers on bulky buying and separate section for moringa products for easy shopping and other services.
Asia Pacific is expected to witness the fastest growth in upcoming years owing to hold significant share in terms of value. The growing demand for moringa tea in region is attributed by daily consumption, developing countries, sparked a desire for exotic plants such as moringa in Asia Pacific, the industry is expanding across the region. China followed by India and Japan is projected to be the fastest growing market due to increasing consumers of products in the region.
The key player in global moringa tea are Aayuritz Phytonutrients Pvt. Ltd, Ancient Greenfields Pvt Ltd., Asia Botanicals Sdn Bhd, Bio moringa Oleifera Gmbh, Earth Expo Company, Green Earth Products Pvt. Ltd, Grenera, Kuli Kuli, Inc., Philippine Moringa, Rainforest Herbs among others.
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