Press release
Neem Oil Market: Projected to Reach USD 5.21 Bn by 2029, Growing at 16.2% CAGR
Neem Oil Market
Neem oil, derived from the seeds of the neem tree, is a naturally occurring pesticide. It is rich in minerals and antioxidants that protect the skin from environmental damage and oxidative stress. Neem oil is used in various cosmetics, including soaps, hair products, hand creams, and pet shampoos, which are made using cold-pressed neem oil.
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The report explores the market segments of neem oil, including type, application, and region. It presents data provided by market participants and covers regions such as North America, Asia Pacific, Europe, Middle East & Africa, and South America. The research methodology includes a thorough analysis of historical data from 2017 to 2022, presenting facts, figures, illustrations, and presentations to provide key data analysis.
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What are Neem Oil Market Dynamics:
The report identifies multiple benefits of neem oil that are driving market growth. Neem oil finds extensive use in medicine and cosmetics, with its leaves being used to create various cosmetics and pesticides. Neem oil's chemical composition allows for the creation of herbal products that are safe for consumption. The versatility of neem in Indian culture has led to its use in skin salves, tea, and herbal supplements.
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The market's booming demand for Ayurvedic and Unani remedies has artificially boosted neem oil sales. In addition to the medical community, neem oil is now being used in waste management, agriculture, physiology, and dermatology. It is a powerful anti-dandruff and skin conditioning agent and is incorporated into bio-insecticides and bio-pesticides.
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Neem Oil Market Regional Insights:
The Asia Pacific region dominates the market, accounting for the largest market share of 47 percent in 2022. The region is expected to witness significant growth at a CAGR of 12.8 percent throughout the forecast period. The region benefits from ideal climatic conditions, availability of raw materials, and the prevalence of agriculture. However, scarcity of raw materials in developed regions like North America and Europe poses a challenge. Price fluctuations due to supply-demand mismatch impact market growth.
What is Neem Oil Market Segmentation:
By Type:
Leaf Extract
Seed Extract
Bark Extract
By Application:
Pesticides
Pharmaceutical
Personal Care
Cosmetics
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Who are Neem Oil Market Key Players:
1. PJ Margo Private Limited
2. Manorama Industries Limited
3. Neem India Products Pvt. Ltd.
4. Ozone Biotech
5. Neeming Australia
6. NOW Foods
7. Fortune Biotech Ltd.
8. SUN BIONATURALS (INDIA) PRIVATE LTD.
9. Banyan Botanicals
10. Group Velocity LLC.
11. Parry's BIO
12. United Industries Corporation
13. Murugappa Group
14. The Velocity Group
15. Agro Extracts Limited
Table of content for the Neem Oil Market includes:
1. Global Neem Oil: Research Methodology
2. Global Neem Oil Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3. Global Neem Oil Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4. Global Neem Oil Market Segmentation
• Global Market, by Type (2022-2029)
• Global Market, by Application (2022-2029)
5. Regional Neem Oil Market (2022-2029)
• Regional Market, by Type (2022-2029)
• Regional Market, by Application (2022-2029)
• Regional Market, by Country (2022-2029)
6. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by Type and Application
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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