Blueweave
India Neem Extract Market Bwc20188

India Neem Extract Market Bwc20188

India Neem Extracts Market, By Type (Seed Extract, Leaf Extract, and Bark Extract), By Application (Agriculture, Pharmaceuticals, Personal Care Products, and Animal Products), By Region (North India, South India, East India, West India), Trend Analysis, Competitive Market Share & Forecast, 2018-2028

  • Published Date: August 2022
  • Report ID: BWC20188
  • Available Format: PDF
  • Page: 116

Report Overview

India Neem Extracts Market is growing steadily owing to the rising interest in organic and herbal products along with the increasing awareness of neem extract benefits in agriculture, pharmaceuticals, and personal care products which are further driving the growth of the India Neem Extracts Market.

India Neem Extracts Market - Industry Trends & Forecast Report 2028

India Neem Extracts Market is anticipated to grow at a CAGR of 11.3% during the forecast period (2022-2028). The growth of the India Neem Extracts Market is primarily attributed to the rising demand for neem extract fertilizer, neem soil conditioner, and neem pesticides in agriculture. This is because neem helps to improve the quality of soil, reduces bacteria, and enhances the growth of plants as well as fruits. Also, neem is considered a unique medicinal plant and is widely used in cosmetics, dental products, animal products, and medicines. All these factors aid to fuel the growth of the India Neem Extracts Market during the forecast period (2022-2028).

Neem Extract - Overview

Neem Extract is an oil extracted from the seeds, and fruits of the neem. Neem is a tree in the mahogany family Meliaceae and is native to the Indian subcontinent. Neem extract exhibits insecticidal properties and is used as an herbicide, pesticide, and fungicide. Also, neem oil contains fatty acids, antimicrobial compounds, antioxidants, anti-viral, anti-inflammatory, and many different traditional uses. These compounds help fight skin infections and are beneficial for blood sugar management, hair, teeth, liver, and kidneys.

India Neem Extracts Market Forecast and Trends

Growth Drivers

Increasing Awareness about Side-Effects associated with Chemical-Based Personal Care Products Fostering the Neem-Based Products

In recent years, there are rising concerns about health, skin, and allergic issues. Consumers are more aware of the side-effects of chemical products, chemical-based shampoos, soaps, and cosmetics. Thus, people are significantly adopting herbal and organic personal care products. In addition, neem extract-based shampoos, soaps, face wash, face gel, and a variety of skincare products are surging in demand. All these neem extract-based products are safe and beneficial to the body, such as helps fighting acne, and dandruff, slowing down aging processes and relieving skin allergic conditions. All these factors offer lucrative opportunities for the growth of the India Neem Extracts Market during the forecast period ( 2023-2028).

Use of Neem Extract for Bio-Based Agricultural Products

The expanding use of neem extract in agricultural activities is the main driving factor for the growth of the India Neem Extracts Market. There are rising concerns about the environment due to the extensive use of chemical fertilizers and pesticides. Neem is bio-degradable and eco-friendly, and a most accepted bio-pesticides by Indian farmers. The neem tree and its derivatives have traditionally been used in Indian Farming. Neem extract is widely adopted as an organic fertilizer and natural soil conditioner in agriculture. Also, it is used as a bio-herbicides, bio-fungicides, and bio-insecticides. This is because neem extracts and oil are sustainable pest control and prevent plants from various synthetic insecticides. This increases higher crop yield resulting in boosting the growth of the India Neem Extracts Market during the forecast period.

Restraints

Limited Manufacturing Capacity by Small-Size Neem Extracts Players

In India Neem Extracts Market, the market is fragmented with very small-sized players. The market lacks international sales. This is because the market players do not have a fixed channel for international sales, except online. which results in hindering the growth of the India Neem Extracts Market. However, herbal therapy is growing due to the campaigns and advertisements by Indian ayurvedic companies like Patanjali. This is expected to increase the growth of the neem extract in the personal care sector during the forecast period.

Impact of COVID-19 on India Neem Extracts Market.

The unprecedented COVID-19 pandemic outbreak impacted both positively and negatively the growth of the India Neem Extracts Market. The nationwide lockdown declines the economy with a complete shutdown imposed across all sectors. In the initial phase, agriculture, and pharmaceutical also faced large-scale disruptions. This negatively affected the demand for Neem Extract. However, the demand for organic food increased during the pandemic which increased the use of natural resources like neem extract products in agriculture. This resulted in fueling the growth of the India Neem Extracts Market during the forecast period (2023-2028).

India Neem Extracts Market – By Type

Based on type, India Neem Extracts Market is segmented into Seed Extract, Leaf Extract, and Bark Extract. The leaf extract segment accounts for the largest market share because of the various health benefits found in neem leaves. Also, the neem leaf extract is largely available as well as easy to extract than neem seeds and bark. Moreover, seed extract is expected to drive the market owing to its expanding usage in farming to control many insect pests. All these factors boost the growth of the India Neem Extracts Market during the forecast period ( 2023-2028).

India Neem Extracts Market – By Application

Based on application, the Indian Neem Extracts Market is segmented into Agriculture, Pharmaceuticals, Personal Care Products, and Animal Products. The agriculture segment dominates the market owing to rising soil degradation and environmental concerns. Farmers are adopting sustainable agriculture thereby, using neem-based fertilizers and pesticides. This usage is resulting in driving the growth of the India Neem Extracts Market during the forecast period.

India Neem Extracts Market - Regional Insights

Geographically, the India Neem Extracts Market is segmented into North India, West India, East India, and South India. Many farmers and producers in India are looking for cost-effective, eco-friendly, and superior options in the production of agriculture. The rising technological innovation, growing investments, and efforts to promote Neem Extracts are expected to drive the market. Moreover, the adoption of herbal beauty products, ayurvedic medicines, and organic farming is growing. Also, the eco-friendly alternative to hazardous chemical products is boosting the growth of the India Neem Extracts Market during the forecast period.

Competitive Landscape

The leading market players in the India Neem Extracts Market 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, Gramin India Agri BusiNest, Parker India Group, Bros India Group., Dabur, Baidyanath, Zandu and other prominent players.

The market is highly fragmented and competitive with the presence of various regional industry participants. The companies constantly launch new products with advanced features to gain a competitive edge over the market. Multinational corporations also invest in expanding their production capacities to meet the growing demand and boost their market penetration. Furthermore, the adoption of competitive strategies such as partnerships, mergers, acquisitions, joint ventures, etc., is also prominent in this market.

Scope of the Report

Attributes Details
Years Considered Historical data – 2018-2021
Base Year – 2022
Forecast – 2023 – 2028
Facts Covered Revenue in USD Million
Market Coverage North India, South India, East India, and West India
Product Service/Segmentation By Type, By Application, By Region
Key Players 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, Gramin India Agri BusiNest, Parker India Group, Bros India Group., Dabur, Baidyanath, Zandu and other prominent players.

 

By Type

  • Seed Extract
  • Leaf Extract
  • Bark Extract

By Application

  • Agriculture
  • Pharmaceuticals
  • Personal Care Products
  • Animal Products

By Region

  • North India
  • South India
  • East India
  • West India
 
  1. Research Framework
    1. Research Objective
    2. Product Overview
    3. Market Segmentation
  2. Research Methodology
    1. Qualitative Research
      1. Primary & Secondary Research
    2. Quantitative Research
    3. Market Breakdown & Data Triangulation
      1. Secondary Research
      2. Primary Research
    4. Breakdown of Primary Research Respondents, By Region
    5. Assumption & Limitation
  3. Executive Summary
  4. India Neem Extract Market Insights
    1. Industry Value Chain Analysis
    2. DROC Analysis
      1. Growth Drivers
        1. Increasing awareness about side-effects associated with chemical-based personal care products fostering the neem-based products
        2. Use of neem extract for bio-based agricultural products
      2. Restraints
        1. Limited manufacturing capacity by small-size neem extract players
      3. Opportunities
        1. Increased research and development would lead to awareness about neem extract usage and benefits
      4. Challenges
    3. Technological Landscape/Recent Development
    4. Pricing Analysis
    5. Regulatory Framework
    6. PESTEL Analysis
    7. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
  5. India Neem Extract Market Overview
    1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Type
        1. Seed Extract
        2. Leaf Extract
        3. Bark Extract
      2. By Application
        1. Agriculture (Chemicals and Fertilizers)
        2. Pharmaceutical
        3. Personal Care Products
        4. Animal Products
      3. By Region
        1. North India
        2. South India
        3. East India
        4. West India
  6. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. Global Players Market Share Analysis, 2021
    3. Competitive Benchmarking, By Operating Parameters
    4. Key Strategic Development (Merger, Acquisition, Business Expansion, Agreement, Partnership and Product Launch)
  7. Impact of COVID-19 on India Neem Extract Industry
  8. Company Profile (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook) **
    1. Patanjali
    2. E.I.D. Parry (India) Limited
    3. P.J. Margo Pvt. Ltd.
    4. Agro Extract Limited
    5. Ozone Biotech Pvt. Ltd.
    6. GreeNeem Agri Private Limited
    7. Fortune Biotech Ltd.
    8. The Indian Neem Tree Company
    9. Gramin India Agri BusiNest
    10. Parker India Group
    11. Bros India Group.
  9. Key Strategic Recommendations

Note:

  1. Financial Information of non-listed companies will be provided as per the availability.
  2. The segmentation and the companies are subjected to modification based on in-depth secondary study for the final deliverable.

 

List of Figures

 

Figure 1        India Neem Extract Segmentation

Figure 2        India Neem Extract Market Value Chain Analysis

Figure 3        Company Market Share Analysis, 2021

Figure 4        India Neem Extract Market Size, By Value (USD Million), 2018-2028

Figure 5        India Neem Extract Market Share, By Type, By Value, 2018-2028

Figure 6        India Neem Extract Market Share, By Application, By Value, 2018-2028

Figure 7        India Neem Extract Market Share, By Region, By Value, 2018-2028

 

List of Tables

 

Table 1         India Neem Extract Market Size, By Type, By Value, 2018-2028

Table 2         India Neem Extract Market Size, By Application, By Value, 2018-2028

Table 3         India Neem Extract Market Size, By Region, By Value, 2018-2028

Table 4         Patanjali Company Overview

Table 5         Patanjali Financial Overview

Table 6         E.I.D. Parry (India) Limited Company Overview

Table 7         E.I.D. Parry (India) Limited Financial Overview

Table 8         P.J. Margo Pvt. Ltd. Company Overview

Table 9         P.J. Margo Pvt. Ltd. Financial Overview

Table 10        Agro Extract Limited Company Overview

Table 11        Agro Extract Limited Financial Overview

Table 12        Ozone Biotech Pvt. Ltd. Company Overview

Table 13        Ozone Biotech Pvt. Ltd. Financial Overview

Table 14        GreeNeem Agri Private Limited Company Overview

Table 15        GreeNeem Agri Private Limited Financial Overview

Table 16        Fortune Biotech Ltd. Company Overview

Table 17        Fortune Biotech Ltd. Financial Overview

Table 18        The Indian Neem Tree Company Overview

Table 19        The Indian Neem Tree Company Financial Overview

Table 20        Gramin India Agri BusiNest Company Overview

Table 21        Gramin India Agri BusiNest Financial Overview

Table 22        Parker India Group Company Overview

Table 23        Parker India Group Financial Overview

Table 24        Bros India Group. Company Overview

Market Segmentation

By Type

  • Seed Extract
  • Leaf Extract
  • Bark Extract

By Application

  • Agriculture
  • Pharmaceuticals
  • Personal Care Products
  • Animal Products

By Region

  • North India
  • South India
  • East India
  • West India

To request a free sample copy of this report, please complete the form below.

We value your investment and offer free customization with every report to fulfil your exact research needs.

This website is secure and your personal details are safe.