Global Neem Extract Market Outlook
The Neem Extract market is anticipated to grow with a CAGR of 14.7% over the forecast period of 2019-2028. Neem is a type of evergreen tree that is native to India. In the ayurvedic system of medicine, neem extract has long been used for various health-related purposes. Neem seeds are a rich source of fatty acids and proteins but remain primarily unexploited because of the presence of bitter, toxic principles. If the bitters are often substantially reduced, then the toxicity of neem parts is often overcome, and its going to be utilized as a superb nutraceutical. Its bioactivities, mammalian safety, and eco-friendly temperament are quite encouraging to prospect its bright future in nutraceuticals. Its bioactivities, mammalian safety, and eco-friendly character are quite promising to prospect its bright future within the field of nutraceuticals. Various health benefits of neem extract and its applications in cosmetics are expected to drive the market widely. Moreover, the increasing inclination of people towards natural products is also a primary driver for the market.
Top Driver: Increasing Application of Neem Extract in Medicine and Cosmetics is Propelling the Market Growth
The Neem Extracts are widely used in the field of medicine for various purposes such as antimicrobial, antipyretic, antimalarial, antioxidant, contraceptive, anticarcinogenic, anti-inflammatory, and others. Such huge applications of neem, especially in the ayurvedic system of medicine, could fuel the market growth extensively in the forecast period. Various such medical applications of neem have influenced a lot of medical practitioners to recommend neem-based medicine. Various pharmaceutical companies are investing in research and development to develop innovative medicinal products that are expected to drive the market widely in the future. It is also used in the agricultural sector as pesticide and insecticide fueling the market growth.
Biofertilizers Segment Accounted for the Largest Market Share in the Market
Based on Application, the market is segmented into Biofertilizer, pharmaceutical industry, personal care, and others. The biofertilizers market is expected to hold the largest market share. The use of chemical fertilizers is controlled by stringent government regulations since chemical fertilizers are quite harmful to health. Therefore neem extract is in great demand as a biofertilizer. The pharmaceutical industry accounted for the second-largest share owing to various health benefits of neem extract.
The Asia Pacific is Dominating the Market and Shows Steady Growth
The Asia Pacific region is expected to grow widely in the forecast period owing to various reasons such as favorable climate for neem production, availability of raw material, and rising agricultural activities across the region. Although, even with such a huge presence of aw material, the lack of advanced technology to obtain neem extract may be a major restraint for the market. Moreover, regions such as North America and Europe do not have a favorable condition for the production of neem, and hence key players are unable to establish themselves in such a region due to the high cost of inventory.
Players to Focus on Expanding Applications in the Agriculture Industry
The global Neem Extract market is expected to grow with a significant CAGR due to the presence of various companies including Fortune Biotech, Agro Extracts Limited, E.I.D. Parry, PJ Margo, Ozone Biotech, Trifolio-M GmbH, Parker Biotech, Gramin India AgriBusiNes, Bros India Group, Neeming Australia Pvt. Ltd, and others are developing new products to drive the market growth. The companies are trying to set themselves in fragments so as to increase sales, especially in the APAC region. Moreover, increasing application on neem extract and ongoing research activities are expected to produce opportunities for new entrants in the market.
Bajaj Consumer Care: Recently, in May 2020, Bajaj Consumer Care announced that they have entered into the personal hygiene segment with the launch of their new hand sanitizer product. The new hand sanitizer, called Nomarks, includes 70% alcohol and aloe vera and neem extracts.
Scope of the Report
By Application
• Biofertilizers
• Pharmaceutical Industry
• Personal care
• Others
By Region
• North America
• Europe
• Asia Pacific
• Rest of the World
Key Reasons to Purchase this Report
1. It provides a technological development map over time to understand the growth rate of the industry.
2. The report offers a dynamic method to various factors that drive or restrain the growth of the market.
3. It renders a definite analysis for changing competitive dynamics.
4. It builds a seven-year estimate based on how the market is predicted to grow.
Chapter 1 Overview And Scope
1.1 Market Vision
1.1.1 Market Definition
1.1.2 Market Scope
1.2 Market Segmentation
Chapter 2 Our Research Practice
2.1 Our Research Methodology
2.2 Data Triangulation
2.3 Data Sources
2.4 Assumptions for the study
2.5 Approach Adopted
Chapter 3 Executive Summary
3.1 Market Snapshot
3.2 Regional Snapshot
3.3 Segment Summary
Chapter 4 Covid-19 Impact Analysis
4.1 Overview
4.2 Prevalence analysis
4.3 Key Factor Impact Analysis
Chapter 5 Global Neem Extract Market Forces
5.1 What’s Driving the Market
5.2 Porter’s Five Forces Analysis
5.2.1 Power of Suppliers
5.2.2 Threats From New Entrants
5.2.3 Power of Buyer
5.2.4 Threat From Substitute Product
5.2.5 Degree of Competition
Chapter 6 Global Neem Extract Market -Industry Snapshots
6.1 Overview
6.1.1 Global Neem Extract Market Value, 2019 - 2028, (US$ Bn)
6.2 Market Overview
6.2.1 Drivers Analysis
6.2.2 Restraint/Challenges analysis
6.2.3 Opportunity Analysis
6.3 Supply Chain/Value Chain Analysis
6.4 Market SWOT Analysis
Chapter 7 Global Neem Extract Market Analysis, by Application
7.1 Overview
7.2 Key Findings for Neem Extract Market- By Application
7.2.1 Neem Extract Market- Biofertilizers
7.2.2 Neem Extract Market- Pharmaceutical Industry
7.2.3 Neem Extract Market- Personal care
7.2.4 Neem Extract Market- Others
Chapter 8 Neem Extract Market Analysis by Region
8.1 Key Findings for Neem Extract Market- By region
8.2 Overview
8.2.1 Global Neem Extract Market Analysis, By Application, 2019 - 2028
8.3 Neem Extract Market – North America
8.3.1 Overview
8.3.2 U.S.
8.3.3 Canada
8.3.4 Mexico
8.3.5 North America Market, By Application
8.4 Neem Extract Market – Europe
8.4.1 Overview
8.4.2 Germany
8.4.3 United Kingdom
8.4.4 France
8.4.5 Italy
8.4.6 Rest Of Europe
8.4.7 Europe Market, By Application
8.5 Neem Extract Market – Asia Pacific
8.5.1 Overview
8.5.2 China
8.5.3 Japan
8.5.4 India
8.5.5 Rest of APAC
8.5.6 Asia Pacific Market, By Application
8.6 Neem Extract Market – Rest Of World
8.6.1 Overview
8.6.2 Middle East & Africa (MEA)
8.6.3 South America
8.6.4 Rest Of World
8.6.5 South America, Middle East and Africa Market, By Application
Chapter 9 Market Competition Analysis
9.1 Market Share/Positioning Analysis
9.1.1 Market Positioning of Key Vendors, 2019
9.1.2 Key Strategies Adopted by the Leading Players
9.1.3 Recent Developments
Chapter 10 Company Profiles- Snapshot
10.1 Fortune Biotech
10.1.1 Business Fundamentals
10.1.2 Financial Snapshots
10.1.3 Product Portfolio
10.1.4 Recent Developments
10.2 Agro Extracts Limited
10.3 E.I.D. Parry
10.4 PJ Margo
10.5 Ozone Biotech
10.6 Trifolio-M GmbH
10.7 Parker Biotech
10.8 Gramin India AgriBusiNes
10.9 Bros India Group
10.10 Neeming Australia Pvt. Ltd
*More than 10 Companies are profiled in this Research Report*
*Financials would be provided on a best efforts basis for private companies
Chapter 11 Appendix
List Of Tables
TABLE 1 Neem Extract market by Application 1, 2019 - 2028 (USD Million)
TABLE 2 Neem Extract market by Application 2, 2019 - 2028 (USD Million)
TABLE 3 Neem Extract market by Application 2, 2019 - 2028 (USD Million)
TABLE 4 Neem Extract market by Application 3, 2019 - 2028 (USD Million)
TABLE 5 Global Neem Extract Market Value, By Application, 2019 - 2028 (US$ Bn)
TABLE 6 Neem Extract Market Analysis by North America (USD Million), 2019 - 2028
TABLE 7 U.S. Neem Extract Market, 2019 - 2028 (USD Million)
TABLE 8 U.S. Neem Extract Market, By Application, 2019 - 2028 (USD Million)
TABLE 9 Canada Neem Extract Market, 2019 - 2028 (USD Million)
TABLE 10 Canada Neem Extract Market, By Application, 2019 - 2028 (USD Million)
TABLE 11 Mexico Neem Extract Market, 2019 - 2028 (USD Million)
TABLE 12 Mexico Neem Extract Market, By Application, 2019 - 2028 (USD Million)
TABLE 13 Neem Extract Market Analysis by Europe (USD Million), 2019 - 2028
TABLE 14 Germany Neem Extract Market, 2019 - 2028 (USD Million)
TABLE 15 Germany Neem Extract Market, By Application, 2019 - 2028 (USD Million)
TABLE 16 United Kingdom Neem Extract Market, 2019 - 2028 (USD Million)
TABLE 17 United Kingdom Neem Extract Market, By Application, 2019 - 2028 (USD Million)
TABLE 18 France Neem Extract Market, 2019 - 2028 (USD Million)
TABLE 19 France Neem Extract Market, By Application, 2019 - 2028 (USD Million)
TABLE 20 Italy Neem Extract Market, 2019 - 2028 (USD Million)
TABLE 21 Italy Neem Extract Market, By Application, 2019 - 2028 (USD Million)
TABLE 22 Rest Of Europe Neem Extract Market, 2019 - 2028 (USD Million)
TABLE 23 Rest Of Europe Neem Extract Market, By Application, 2019 - 2028 (USD Million)
TABLE 24 Neem Extract Market Analysis by Asia Pacific (USD Million), 2019 - 2028
TABLE 25 China Neem Extract Market, 2019 - 2028 (USD Million)
TABLE 26 China Neem Extract Market, By Application, 2019 - 2028 (USD Million)
TABLE 27 Japan Neem Extract Market, 2019 - 2028 (USD Million)
TABLE 28 Japan Neem Extract Market, By Application, 2019 - 2028 (USD Million)
TABLE 29 India Neem Extract Market, 2019 - 2028 (USD Million)
TABLE 30 India Neem Extract Market, By Application, 2019 - 2028 (USD Million)
TABLE 31 Rest of APAC Neem Extract Market, 2019 - 2028 (USD Million)
TABLE 32 Rest of APAC Neem Extract Market, By Application, 2019 - 2028 (USD Million)
TABLE 33 Neem Extract Market Analysis by Rest Of World (USD Million), 2019 - 2028
TABLE 34 Middle East & Africa (MEA) Neem Extract Market, 2019 - 2028 (USD Million)
TABLE 35 Middle East & Africa (MEA) Neem Extract Market, By Application, 2019 - 2028 (USD Million)
TABLE 36 South America Neem Extract Market, 2019 - 2028 (USD Million)
TABLE 37 South America Neem Extract Market, By Application, 2019 - 2028 (USD Million)
TABLE 38 Rest Of World Neem Extract Market, 2019 - 2028 (USD Million)
TABLE 39 Rest Of World Neem Extract Market, By Application, 2019 - 2028 (USD Million)
List Of Figures
FIG. 1 Global Neem Extract: Market Segmentation
FIG. 2 Global Neem Extract Market: Research Methodology
FIG. 3 Top-Down and Bottom Up Approach
FIG. 4 Market Snapshot
FIG. 5 Porter’s Five Forces Analysis
FIG. 6 Global Neem Extract Market Value, 2019 - 2028, (US$ Bn)
FIG. 7 Supply Chain/Value Chain Analysis
FIG. 8 Global Neem Extract Market Value Contribution, By Application, 2019 & 2026 (%)
FIG. 9 Global Neem Extract Market Value, 2019 - 2028, (US$ Bn)
FIG. 10 North America Neem Extract Market Value, 2019 - 2028, (US$ Bn)
FIG. 11 Neem Extract Market Segment 1 – North America
FIG. 12 Neem Extract U.S. outlook, 2019 & 2026
FIG. 13 Neem Extract Canada outlook, 2019 & 2026
FIG. 14 Neem Extract Mexico outlook, 2019 & 2026
FIG. 15 Europe Neem Extract Market Value, 2019 - 2028, (US$ Bn)
FIG. 16 Neem Extract Market Segment 1 – Europe
FIG. 17 Neem Extract Germany outlook, 2019 & 2026
FIG. 18 Neem Extract United Kingdom outlook, 2019 & 2026
FIG. 19 Neem Extract France outlook, 2019 & 2026
FIG. 20 Neem Extract Italy outlook, 2019 & 2026
FIG. 21 Neem Extract Rest Of Europe outlook, 2019 & 2026
FIG. 22 Asia Pacific Neem Extract Market Value, 2019 - 2028, (US$ Bn)
FIG. 23 Neem Extract Market Segment 1 – Asia Pacific
FIG. 24 Neem Extract China outlook, 2019 & 2026
FIG. 25 Neem Extract Japan outlook, 2019 & 2026
FIG. 26 Neem Extract India outlook, 2019 & 2026
FIG. 27 Neem Extract Rest of APAC outlook, 2019 & 2026
FIG. 28 Rest Of World Neem Extract Market Value, 2019 - 2028, (US$ Bn)
FIG. 29 Neem Extract Market Segment 1 – Rest Of World
FIG. 30 Neem Extract Middle East & Africa (MEA) outlook, 2019 & 2026
FIG. 31 Neem Extract South America outlook, 2019 & 2026
FIG. 32 Neem Extract Rest Of World outlook, 2019 & 2026
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Neem leaves have both insecticidal and medicinal properties. In the context of China-US trade war and global economic volatility and uncertainty, it will have a big influence on this market.
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