Zion Market Research added a new report “Neem Extract Market for Pharmaceutical, Personal Care, Agriculture, Animal Feeds and Other Applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2015 - 2021.” in its database.

Sarasota, FL -- (SBWire) -- 01/16/2018 --Zion Market Research has published a new report titled "Neem Extract Market for Pharmaceutical, Personal Care, Agriculture, Animal Feeds and Other Applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2015 - 2021." According to the report, the global neem extract market was accounted for USD 721.3 million in 2015 and is expected to reach USD 1,882.9 million by 2021, growing at a CAGR of around 17.3% between 2016 and 2021.

Neem is an ideal ingredient in various products due to its manifold medicinal properties. Neem trees are versatile in nature and grow in tropical and semi-tropical regions. Neem extracts are made from leaves, bark and neem seed. Neem extracts are used in various application sectors including pharmaceutical, agriculture, personal care and animal feeds.

Request Free Sample Research Report @
https://goo.gl/t6Leao

Neem is becoming popular as an effective bio-fertilizer and bio-pesticide. Increasing awareness regarding the side effects of the synthetic chemicals in agricultural field is the major factor driving the neem extract market growth. Governmental regulation coupled with the versatility of the plant is expected to contribute impulse growth to the neem extract market. Growing demand for herbal cosmetic and pharmaceutical products is expected to boost the growth of neem extract market in coming years. However, decreasing neem plantation and lack of availability of raw material in developed countries is expected to have an adverse impact on neem extract market growth. Nonetheless, rising preference towards organic food is expected to offer new opportunities to the major participants during the coming years.

Based on applications, the global neem extract market is bifurcated into pharmaceuticals, agriculture, personal care, animal feed and other. Agriculture was leading application segment of global neem extract market and expected to maintain its dominance throughout the forecast period. It accounted for over 72% share of the entire market in 2015. Moreover, personal care segment experienced significant growth in past few years due to the growing awareness of chemical-based personal care products such as soaps, shampoos, and cosmetics. The pharmaceutical segment accounted for around 8.7% market share in 2015 and expected to have significant growth due to the rising preference towards Ayurveda and natural treatment of diseases.

Browse detail report with in-depth TOC @
https://goo.gl/grHjf6

Asia-Pacific was the largest market for neem extract market in the world due to the huge agriculture area. It accounted more than 58% of market share in terms of revenue in 2015. Presently, India is the largest producer and exporter of neem extracts products across the globe. Due to the stringent government regulation over chemical fertilizers in western countries, demand for neem extract is expected to boost in Europe and North America.

Companies in the neem extract market are majorly located in Asia Pacific. E.I.D Parry India Ltd., Gramin India Agri Businest, PJ Margo Pvt. Ltd, Neeming Australia, Ozone biotech, Prithvi exports, Agro extracts limited and Parker India group among others are some of the leading profiles in the neem extract market.

For Media Inquiry contact our sales Team @ sales@zionmarketresearch.com

About Zion Market Research
Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client's needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.