Trusted Business Insights answers what are the scenarios for growth and recovery and whether there will be any lasting structural impact from the unfolding crisis for the Mobility as a Service market.
Trusted Business Insights presents an updated and Latest Study on Mobility as a Service Market 2020-2029. The report contains market predictions related to market size, revenue, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. The report further elaborates on the micro and macroeconomic aspects including the socio-political landscape that is anticipated to shape the demand of the Mobility as a Service market during the forecast period (2020-2029).
It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary, and SWOT analysis.
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The global moringa products market is estimated to value over US$ 6 Bn in 2019, and is projected to register a CAGR of 12.9% in terms of revenue over the forecast period. The global Moringa products market is segmented on the basis of product, application, and region.
Global Moringa Products Market: Introduction
Moringa is the sole genus in the flowering plant family Moringaceae. The name is derived from murungai, Tamil word for drumstick. It comprises 13 species from tropical and subtropical regions, and it varies in size -from tiny herbs to massive trees.
Global Moringa Products Market: Dynamics
Increasing awareness about medicinal benefits of Moringa and Moringa-based products is expected to support growth of the target market over the forecast period. Moringa leaves, pods, seeds, gum, bark, and flowers have properties to relieve mineral and vitamin deficiencies, support a healthy cardiovascular system, promote normal blood-glucose levels, neutralize free radicals, provide excellent support to the bodys anti-inflammatory mechanisms, enrich anemic blood, and support the immune system.
It is also known to improve eyesight, enhance mental alertness and bone strength. It has potential benefits to overcome shortcomings of malnutrition, general weakness, lactating mothers, menopause, depression, arthritis, and osteoporosis.
Hectic lifestyles, growing number of individuals with obesity issues, and shifting preference towards intake of fast food products are major factors expected to boost demand dietary supplements, which in turn is expected to drive revenue growth of Moringa products market over the next few years. Use of Moringa products as an ingredient in dietary supplements due to presence of essential nutrients that aid in maintaining or improving health, and rising awareness and consumption of such products, especially in developed countries such as the US, Canada, UK, and Australia are factors expected to drive growth of the global market.
Moringa can be useful for treating tired blood (anemia), asthma, constipation, diabetes, diarrhea, epilepsy, stomach pain, stomach and intestinal ulcers, intestinal spasms, headache, heart-related problems, high blood pressure, kidney stones, fluid retention, thyroid disorders, and bacterial, fungal, viral, and parasitic infections. Moringa is also used to reduce swelling, increase sex drive (as an aphrodisiac), prevent pregnancy, and increase breast milk production.
However, increasing demand for other superfoods such as spirulina-, barley grass-, and wheat grass-based products in various countries for application in food and dietary supplements is a major factor that could restrain growth of the market to a certain extent.
Global Moringa Products Market Analysis, by Product
Among the product segments, the Moringa leaves and leaf powder segment is expected to contribute major revenue share to the global market, and is expected to maintain its dominance over the forecast period. The Moringa leaves and leaf powder segment is projected to register highest CAGR over 13% over the next ten years. Growing consumption of Moringa leaves and leaf powder for treatment of ascites, rheumatism and venomous bites, and as cardiac and circulatory stimulants in folk remedies is expected to support revenue growth of this segment in the global market.
Global Moringa Products Market Analysis, by Application
Among the application segments, the dietary supplements/nutraceuticals segment accounts for highest share in terms of revenue in the global market. Rising focus and concern related to weight management among working professionals in developing and developed countries, coupled with increasing number of brand campaigns by nutritional product manufacturers are factors expected to drive revenue growth of this segment to a significant extent.
Global Moringa Products Market Analysis, by Region
North America market accounted for major share in terms of revenue in the global Moringa products market in 2018. Growing awareness regarding various health benefits offered by Moringa products is major factor expected to drive growth of the Moringa products market in North America over the forecast period.
Rising preference for dietary supplements and superfood products among consumers, especially among aging individuals in countries in the region is among some of the other major factors expected to further support growth of the Moringa products market in North America.
High consumption of Moringa and Moringa-based products in countries in North America, especially the US and Canada, coupled with commercial as well as online availability of various innovative products such as cosmetic products and personal care products offered by prominent Moringa producers are other factors contributing to growth of the market in North America.
The market in Asia Pacific is expected to register considerable growth in terms of revenue over the forecast period. Growing food industry, shifting consumer preference towards nutritious foods, and changing lifestyles are among some of the major factors expected to drive growth of the market in the region. Increasing inclination towards workouts and rapid urbanization is resulting in changing food consumption patterns and preferences, and rising consumption of dietary supplements, coupled with rising awareness about benefits of Moringa-based products among consumers are among other major factors expected to support growth of the market in Asia Pacific.
Moreover, large number of dietary supplement product producers in countries in the region, coupled with increasing investment in R&D activities for product innovation is expected to result into rising demand for Moringa leaves and pods for producing dietary supplements, which in turn is expected to drive revenue growth of the Moringa products market in Asia Pacific.
Furthermore, growing cosmetics industry in Asia Pacific and increasing demand for Moringa-based products among consumers owing to its benefits and properties are expected to drive market growth in the region.
Global Moringa Products Market Segmentation:
Segmentation on the basis of product:
- Moringa seeds and oil
- Moringa fruits, tea, and pods
- Moringa leaves and leaf powder
Segmentation on the basis of application:
- Cosmetics/ Cosmeceuticals
- Dietary Supplements/ Nutraceuticals
Segmentation on the basis of region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Key Market Players included in the report: Global Mobility as a Service Market
- Uber Technologies Inc.
- Didi Chuxing Technology Co., Ltd.
- Lyft Inc.
- Gett, Inc.
- Ola Cabs
- Kakao Corp.
- Addison Lee Limited
- MERU Cabs
- Via Transportation Inc.
- Yandex N.V. (Yandex.Taxi)
- LeCab SAS
- Ingogo PTY LTD
- Flywheel Software, Inc.
- Easy Taxi Servicos Ltd.
Key Insights Covered: Global Mobility as a Service Market
1. North America, Europe, Asia Pacific, Middle East & Africa, Latin America market size (sales, revenue and growth rate) of Mobility as a Service industry.
2. Global major manufacturers operating situation (sales, revenue, growth rate and gross margin) of Mobility as a Service industry.
3. Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, China, Japan, Korea, India, Australia, New Zealand, Southeast Asia, Middle East, Africa, Mexico, Brazil, C. America, Chile, Peru, Colombia) market size (sales, revenue and growth rate) of Mobility as a Service industry.
4. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Mobility as a Service industry.
5. Global market size (sales, revenue) forecast by regions and countries from 2019 to 2024 of Mobility as a Service industry.
Research Methodology: Global Mobility as a Service Market
- Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
- Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
- Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others.
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