Neem Extracts Market to be at Forefront By 2019-2026: E.I.D. Parry Ind. Ltd., Godrej Group, Agro Extract Limited, Neeming Australia Pty Ltd., ITC Limited, W R Grace & Co., Margo Pvt. Ltd., Ozone Biotech Pvt. Ltd., GreeNeem Agri Pvt. Ltd.
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The use of chemical fertilizers increase soil erosion and also increases salt-content of soil. Chemical pesticides sprayed on fruits and vegetables can cause food-poisoning, as chemicals used for manufacturing of pesticides are carcinogenic in nature and poisonous if consumed due to negligence in washing the fruits and vegetables. Small amount of neem extract is used as animal feed, as it helps the animals to fight against bacteria and pathogens during digestion.
Increasing disposable income in Asian countries is a major factor driving growth of the neem extracts market, as customers can afford high quality natural beauty products for their daily use.
Key players operating in the global neem extracts market include E.I.D. Parry Ind. Ltd., Godrej Group, Agro Extract Limited, Neeming Australia Pty Ltd., ITC Limited, W R Grace & Co., Margo Pvt. Ltd., Ozone Biotech Pvt. Ltd., GreeNeem Agri Pvt. Ltd., Nimbarka, The Indian Neem Tree Company, Bayer AG, Bros India Group, Fortune Biotech Ltd, Certis USA LLC, Terramera Inc., and American Vanguard Corporation
On the basis of application, the global neem extracts market is segmented into:
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