India Neem Extract Market Size, by Segment (Seed Extract, Leaf Extract, Bark Extract), by Application (Agriculture, Health and Personal Care, Animal Products), Trend Analysis, Competitive Market Share & Forecast, 2016-2026

Published:
October 2020
Report Code:
bwc20188
Available Format:
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Pages:
182

india neem extract market bwc20188

India Neem Extract Market Size - Industry Trends & Outlook Report 2026

India's neem extract market will perceive a continuous development in the coming years, due to large neem production and increasing attraction to better and herbal goods in the country. Three broad use sections of the Indian neem extract market are animal products, fitness and personal care, and agriculture - where agriculture grips the primary market size. Based on product types, the neem extract market is considered into bark extract and seed extract, where seed extract has been the leading revenue creator in new years. In India, Neem extract is used in three types of bio-pesticides: bio-herbicides, bio-insecticides, and bio-fungicides. Households for gardening purpose extensively use neem extracts as pesticides.

 

India Neem Extract Market: Market Outlook and Trends

 

Neem extracts are attained from neem seed, neem leaves, and bark. Neem extracts are used in numerous products across the pharmaceutical, agriculture, cosmetics sectors. Neem is also known to be the most real pest repellent for pet animals, which encourages producing neem oil and finally surges the market request for the neem extract market. Neem fertilizer can be recognized as one of the key development drivers for the neem extract market as they are widely used as a defense against soil pest and diseases. The growth of effective and progress technology, rising requests for personal care products are the primary development drivers of the India Neem Extract market. The surge in demand for neem products is led by the Upsurging need for biopesticides and fertilizers and the growing appeal for herbal personal care products. Besides developing economies such as India and others will create new chances for the Indian Neem Extract market during the prediction period. However, the advanced cost of the research and development and lack of active neem mine companies are the critical limits for the India Neem Extract market.

 

India Neem Extract Market

 

Growth Drivers

 

Growing awareness among people 

With the increasing mindfulness amid persons concerning the damaging effects of based neem extracts, pesticide, and fertilizer, the request for bio-based pesticides and fertilizers has increased to a substantial amount. As neem is the main component in most of the bio-based products, the request for neem extracts is also mounting. The Indian Farmers Fertilizer Cooperative Limited (IFFCO) proclaimed a pattern in 2016, under which it planned to buy neem tree fruits from growers for growing the making of bio-based fertilizers, across the country. For this, IFFCO planted around 150,000 neem trees in the recent past.

 

 

 

Increasing demand for bioinsecticides and biopesticides

The usage of chemical pesticides and fertilizers in farming response lessens the quality of the product and has a damaging result on the preservation. This makes neem-based fertilizer and pesticide ideal for agriculture. Hence, increasing requests for pesticides, bio-based fertilizers, and insecticides in developed and emerging regions owing to the presence of stringent regulations executed by numerous agencies is predictable to fuel product requests over the prediction period. Growing demand for bioinsecticides and biopesticides in advanced regions is predicted to fuel the market development. Intimidating answers received from customers on the use of chemical pesticides due to environmental worries is projected to trigger product demand, especially in the Asia Pacific, in the near upcoming. Chemical pesticides and insecticides have damaging effects on soil, water, and living creatures, which make neem, based products perfect for these uses. Furthermore, the medicinal and medicinal properties of these products are likely to intensify market growth.

 

Medical Benefits 

Neem extracts offer frequent therapeutic welfares counting reduced blood coagulation, lowered blood pressure and cholesterol, eased palpitation, and controlled ingestion. Such welfares are expected to supplement product development in the pharmaceutical sector over the projected period. However, a prominent demand-supply gap and high rates of neem products in the area are likely to hinder market development.

 

Impact of COVID-19

 

The number of coronavirus cases is rapid, which has not only taken several lives but has also affected the global economic structure. The Coronavirus Disease Pandemic (COVID-19) has affected all parts of the world. However, the request of the Neem Extract market has been increased during this COVID-19 pandemic. It can improve the immune function and help recover faster if anyone gets the COVID-19 infection by any chance. Consuming Neem leaves can prevent one from being serious due to coronavirus contamination and debilitating indications associated with it. 

 

India Neem Extract Market: Segmentation

 

Based on segment types, the neem extract market is considered into leaf extract, bark extract, and seed extract, where seed extract has been the largest revenue generator in recent years. Three broad use sections of the Indian neem mine market are animal products, health and personal care, and agriculture - where cultivation grips the significant market size.

 

India Neem Extract Market: Regional Insights

 

India is a primary neem extract market, where numerous ayurvedic companies, including Baidyanath Dabur, Patanjali, and Zandu, are the critical consumers of neem extract. The consumption of fertilizer-based neem extract goods is the highest of the total ingesting of neem extract in the market's agriculture segment. In India, neem extract also finds use as a pesticide, where 300 parts per million (PPM) and 1,500 PPM are the favored attentions. The request for neem extract for purposes in personal care is higher than nutraceuticals.

 

In India, neem extracts are highly produced and exported on account of the medicinal benefits associated with them. This district donates the highest to the neem extract exports in India. Many mergers and attainments were seen in the recent past in the Indian neem extract market. 

 

Competitive Landscape

The leading players in the Neem Extract Market include Patanjali, E.I.D. Parry (India) Limited, P.J. Margo Pvt. Ltd., Agro Extract Limited, Ozone Biotech Pvt. Ltd., GreeNeem Agri Private Limited, Fortune Biotech Ltd., The Indian Neem Tree Company, and Bros India Group and other prominent players.

Recent Development:

·         In 2014, E.I.D. Parry acquired Alimtec S.A. Also, Terramerra acquired the India-based Plasma Neem, in the same year.

·         Parry’s wins the ‘Economic Times Best Brands 2019’ award! The award was presented by Economic Times in partnership with AC Nielsen and was based on their research done covering 15 industries and conducted across 12 tier 1 and tier 2 cities amongst demographics in the age group of 24 – 50 years with a sample size of 7500+ in these towns.

Scope of Report

Attribute

Details

Years Considered

Historical data – 2016-2018

Base Year – 2019

Forecast – 2020 – 2026

Facts Covered

Revenue in USD Billion

Market Coverage

U.S, Canada, Germany, UK, France, Italy, Spain, Brazil, Mexico, Japan, South Korea, China, India, UAE, South Africa, Saudi Arabia .

Product/Service Segmentation

By Segment, By Application, By Region

Key Players

The leading players considered for market analysis are Patanjali, E.I.D. Parry (India) Limited, P.J. Margo Pvt. Ltd., Agro Extract Limited, Ozone Biotech Pvt. Ltd., GreeNeem Agri Private Limited, Fortune Biotech Ltd., The Indian Neem Tree Company, and Bros India Group and other prominent players.

 

 

·         By Segment

ü  Seed Extract

ü  Leaf Extract

ü  Bark Extract

·         By Application

ü  Agriculture

ü  Health and Personal Care

ü  Animal Products

·         By Region

ü  North America

ü  Europe

ü  Asia Pacific

ü  South America

ü  Middle East & Africa

 

The objective of the Study:

• To analyze and forecast the India Neem Extract Market size of the market in terms of value.

• To examine the careful market segmentation and forecast the market size, in terms of value, based on the region by segmenting.

• The India Neem Extract Market segmented into five regions, namely, North America, Europe, Asia Pacific, Middle East, South America, and their leading countries.

• To outline, categorized, and forecast the India Neem Extract Market based on the Segment, By Application.

• To examine competitive developments, like by Segment, By Application within the India Neem Extract Market.

• To highlight the impact analysis of the factors affecting the market dynamics such as growth drivers.

• To strategically profile the key players and comprehensively analyze their market shares along with detailing the competitive landscape for market leaders.

 

Business Questions Answer by the Report

Ø  How will the market drivers, restraints, and opportunities affect the market dynamics?

Ø  What will be the market size in terms of value and volume and market statistics with a detailed classification?

Ø  Which segment dominates the market or region, and one will be the fastest - growing, and why?

Ø  A comprehensive survey of the competitive landscape and the market participant players

Ø  Analysis of strategy adopted by the key player and their impact on other players.

Customization Scope for the Client

Client satisfaction is our first and last priority, and that is why BlueWeave Consulting offers customization according to Company’s specific needs. The following customization options are available for the report:

Additional Company Information

•    With five additional company detail analysis

•    Additional country analysis

•    Detailed segment analysis

COVID-19

We've been tracking the direct impact of COVID-19 on this market, and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Contact our sales team for more details at

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