IMARC Group’s latest research report, titled “Neem Extract Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027,” offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.
The global neem extract market size reached US$ 1.16 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 2.16 Billion by 2027, exhibiting a growth rate (CAGR) of 10.53% during 2022-2027.
Neem extract is a yellow-brown plant oil extracted from the leaves, roots, barks, flowers, fruits, and seeds of the neem tree. It is an antimicrobial agent and strong antioxidant that aids in countering free radicals to neutralize bacteria, viruses, and fungi and reduce inflammation. Neem extract also assists in minimizing blood sugar levels, eliminating the risks of developing leprosy, eye disorders, diabetes, ulcers on the skin and in the digestive tract, preventing plaque formation in the mouth, etc. It is widely used as an effective pest-repellant and as a plant fertilizer to protect against soil pests and diseases. As a result, neem extract finds widespread applications in agriculture, personal care items, animal feed, pharmaceuticals, etc.
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Important Attribute and highlights of the Report:
- Detailed analysis of the global market share
- Market Segmentation by type, application and region.
- Historical, current, and projected size of the market in terms of volume and value
- Latest industry trends and developments
- Competitive Landscape for Neem Extract Market
- Strategies of major players and product offerings
The escalating product demand in nutraceuticals and dietary supplements to reduce cholesterol, blood clotting, and blood pressure levels in the body is among the primary factors driving the neem extract market. Besides this, the elevating need for bio-based extracts and essential oils to manufacture premium-quality styling gels, fairness creams, shampoos, body lotions, hand creams, etc., to minimize frizz, acne, blemishes, and redness on the skin is further augmenting the market growth. Apart from this, the increasing requirement for neem extract in livestock feed as an anti-helminthic and antihyperglycemic agent to prevent animal diseases and infections is also catalyzing the global market. Moreover, the launch of innovative fertilizers and pesticides to organically cultivate vegetables and fruits is anticipated to propel the neem extract market over the forecasted period.
Key Players Included in Global Research Report:
- Agro Extracts Limited
- Bros India Group
- E.I.D. – Parry (India) Limited
- Fortune Biotech Ltd.
- Gramin India Agri BusiNest
- GreeNeem Agri Pvt Ltd.
- Neem India Products Pvt Ltd.
- Neeming Australia Pty Ltd
- Ozone Biotech
- PJ Margo Pvt. Ltd.
- TechnoServe Inc.
- Trifolio-M GmbH.
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COVID-19 Impact Overview:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Breakup by Type:
- Seed Extract
- Leaf Extract
- Bark Extract
Breakup by Application:
- Personal Care Products
- Animal Feed
The Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
TOC for the Neem Extract Market Research Report:
- Scope and Methodology
- Executive Summary
- Global Neem Extract Market
- SWOT Analysis
- Value Chain Analysis
- Price Analysis
- Competitive Landscape
Who we are:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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