Neem extract market Information by types (Seed Extract, Leaf Extract and Bark Extract) by application (Agriculture, Animal feed and personal care & pharmaceuticals) - Forecast to 2021
Pune, India -- (SBWIRE) -- 08/15/2017 -- Market Research Future adds new report of "Neem Extract market Research Report - Forecast to 2021" it contains Company information, geographical data and Table of Content
E.I.D-Parry (India) Limited, Neeming Australia Pty Ltd, P.J. Margo Pvt. Ltd, Agro Extract Limited, Ozone Biotech Pvt Ltd, GreeNeem Agri Private Limited, Fortune Biotech Ltd, Parker India Group, The Indian Neem Tree Company, and, Bros India Group are some of the prominent players at the forefront of competition in the Global Market of Neem Extract and are profiled in MRFR Analysis.
Neem Extract Global Market – Segments
The Neem Extract Market can be segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;
- Segmentation by Types: Comprises Seed Extract, Leaf Extract and Bark Extract
- Segmentation by Application: Comprises Agriculture, Animal feed and personal care & pharmaceuticals
- Segmentation by Regions: Comprises Geographical regions - North America, Europe, APAC and Rest of the World
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Neem Extract Global Market – Overview
Neem Extract Market has gained a huge traction around the globe primarily owing to the increasing awareness towards the adverse effects in the agricultural sector of the synthetic chemicals. The rising usage of neem extract as a bioactive constituent in fertilizers for the protection of grain, increasing usage of neem oil in fungicide, insecticide, and pesticides. According to a recent study report published by the Market Research Future, The global market of Neem Extract is projected to grow at a rapid pace during the forecast period (2017 – 2022). The Market is forecasted to demonstrate a significant growth by 2022; with a striking CAGR during forecast period 2017-2022.
Globally, the market for Neem extract has been increasing significantly due to increasing awareness of health concerns, Neem extract benefits are well known in Asia-Pacific due to this reason there is a high growth rate of manufacture and production of medicinal and personal care products for human. In western countries there are expanding markets for neem extracts, in developed countries government are prompting regulation regarding producing chemical free vegetables; fruits owing to this neem market are shooting up. For animal feed and pet care products, neem extract is treated as safe and effective, and it is the key reason behind the growth of this segment. Besides, neem extracts are extensively used in the manufacture of high quality herbal cosmetics and beauty products. Demand for these products is increasing globally owing to their efficiency and low side effects which are expected to result in high demand.
Neem has an enormous track record of benefits including its ability to treat dandruff, soothe irritation, protect the skin, boost the immune system, reduce inflammation, treat gastric conditions, slow the aging process, increase hair and scalp health and reduce blood sugar levels. The list goes on and on! Neem is anti-bacterial, anti-viral and anti-fungal so it's no wonder they call it the 'miracle tree'. Neem oil, Neem bark and Neem leaves have been shown to support the immune system. Topical uses in soaps, creams and lotions help soothe redness, itching and swelling. Neem bark, rich in antioxidants, can be ground and made into neem tooth powder to support and maintain healthy teeth and gums. Virtually every part of the Neem tree can be used to help with improved health in humans, animals and plants.
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Neem Extract Global Market – Synopsis
The bio-based animal farming has increased during the past few years owing to increasing demand for meat obtained from biologically grown animals. Neem leaves and neem seed cake are used as animal feed that contain proteins, amino acids, carotene and minerals. Animals such as camel, goat, sheep and crossbred lambs are fed with neem leaves during winters, a part of their daily feed, as they increase productivity of these animals during the season. Neem is also well known as an effective pest repellent for pet animals. The increasing population of pet animals globally and people's growing concern for safety of their pets has encouraged neem oil manufacturing.
Neem Extract Global Market – Competitive Analysis
The Neem Extract market appears to be highly competitive owing to the presence of several large and small key players accounting for a substantial market share. Emphasising upon new product development initiatives, and geographical expansion; Marketers compete based upon price and brand reinforcement. Well established players incorporate acquisition, collaboration, partnership, expansion, and technology launch in order to gain competitive advantage in this market and to maintain their market position.
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Neem Extract Global Market – Regional Analysis
Asia-Pacific region has the world's largest area under Neem extract production and manufactures, and its growth rate is anticipated to grow at a substantial CAGR during 2017 -2022 followed by developed countries like UK, US, Germany, Spain region which will be accounted for a considerable CAGR. Owing to stringent government regulations on the use of chemical fertilizers; demand for bio fertilizers is rising in developed regions including North America and Europe is likely to boost neem extracts market over the forecast period. At present, India is the largest producer of neem extracts products.
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