Neem Extract Market Report to Share Key Aspects of the Industry with the details of Influence Factors

The global neem extract market report provides an in-depth study of the market dynamics such as drivers, restraints, opportunities, and the current market scenario. The neem extract market report also focuses on the subjective aspect of the industry. Furthermore, the study takes in the key findings, in regards to market overview and investment opportunities. At the same time, the report also encompasses the competitive landscape including comprehensive profiles of the major frontrunners in the industry. The leading players are considered based on their revenue size, product portfolio, market share, key marketing stratagems, and overall contribution to the market growth.

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Increased R&D and study in the field of neem has resulted in growing awareness. About the efficacy of different parts of a neem tree, thus making it an important ingredient in several organic food and cosmetics products. Based on the application, the global neem extract market is categorized into agriculture, personal care, pharmaceutical, and animal feed. In 2015, the personal care segment contributed approximately 1/7th of the overall neem extract market revenue and is estimated to grow at a CAGR of 19.6% during the forecast period. 

The regions are further bifurcated into major countries, such as the U.S., Canada, and Mexico in North America; U.K., Germany, France and Rest of Europe in Europe; India, China, Japan and Rest of Asia-Pacific in APAC; and the Middle East, Africa, and Latin America in LAMEA. The demand for organic food, personal care products and growing concerns about environmental-friendly agriculture products are expected to foster the growth of neem-based products, globally.

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Some ruling enterprises in the global neem extract market are examined in the report along with the citation of innovative product launches by them, their collaborative undertakings & endeavors, several merges & acquisitions, and many more. The frontrunners operating in the global neem extract industry include E.I.D Parry India Ltd., Neeming Australia Pvt. Ltd., Bros India Group, Agro Extracts Limited, Parker India Group

Key findings of Neem Extract Market:

  • The neem extract market is expected to exhibit significant growth during the forecast period owing to the growing awareness about the side effects of chemical-based personal care products, concerns regarding environmental degradation, and adoption of natural and herbal products to cure health diseases.
  • In 2015, the agriculture segment accounted for 67.9% share of the overall neem extract market revenue.
  • APAC is the highest revenue-generating segment and is likely to continue this trend throughout the forecast period.
  • The personal care segment is expected to grow with a rapid CAGR of 19.6%
  • Europe would be one of the most lucrative markets in terms of growth, registering a CAGR of 20.3% during 2016 – 2022.

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