Moringa Oil Market Set to Make Strong Impact by Attaining Valuation of USD 504.4 Million By 2032 | Astute Analytica [Yahoo! Finance]
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Estee Lauder Companies, Inc. (The) (EL)
Last estee lauder companies, inc. (the) earnings: 5/1 06:45 am
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Source: Yahoo! Finance
health and wellness trends, and favorable economic and market dynamics. Manufacturers and retailers effectively capitalizing on trends and communicating moringa oil's unique benefits will thrive. New Delhi, June 13, 2024 (GLOBE NEWSWIRE) -- The global moringa oil market valuation is expected to exceed US$ 504.4 million by 2032, up from US$ 291.1 million in 2023, at a CAGR of 6.3% from 2024 to 2032. The global demand for moringa oil has surged significantly in recent years, driven by its versatile applications and numerous health benefits. One of the primary factors contributing to this trend is the high yield of moringa seeds, which can produce between 30% to 40% oil content, making it a highly efficient source of vegetable oil. This efficiency is particularly appealing in the context of increasing demand for alternative vegetable oils, as traditional sources face sustainability challenges. Additionally, the moringa variety Periyakalum-1 (PKM-1) from India has shown consistent pro
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EL
Earnings
- 5/1/24 - Beat
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Sec Filings
- 6/18/24 - Form 4
- 6/18/24 - Form 4
- 6/18/24 - Form 4
- EL's page on the SEC website