Press release
Neem Oil Market to Reach USD 5.30 Bn by 2029, emerging at a CAGR of 14.3 percent and forecast 2023-2029
Neem Oil Market Report Scope and Research Methodology:Data for the report is sourced from market participants and regions, encompassing North America, Asia Pacific, Europe, Middle East & Africa, and South America. The analysis utilizes historical data from 2018 to 2023, employing facts, figures, illustrations, and presentations for key data analysis.
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What are Neem Oil Market Dynamics:
Neem plant is considered the most useful traditional plant in India. The various properties of different parts of the neem tree are used mainly as an insecticide, fertilizer, manure, soil conditioner, urea coating agent, fumigant, etc. In the recent era the major challenge is to increase food production and safeguard food from pests without harming the environment. Pesticides have become an integral component of sustainable agriculture and modern cultural practices. The use of chemical pesticides and fertilizers are in eliminable. This use is expected to influence the demand for the Neem Oil Market over the forecast period. The natural pesticides from Azadirachta indicia are considered less harmful, biodegradable, least persistent, less toxic to the non-target organism and also economic. Fruitful results of the application of formulated neem-based products in agriculture will provide a cost-effective technology to the farming community. Many manufacturers are developing new products regarding neem oil that help to push the market forward.
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Neem Oil Market Regional Insights:
The Asia Pacific region emerged as the largest market for neem oil in 2023, capturing 47% of the global market share. Factors such as a well-established domestic market, increasing awareness of neem oil benefits, and rising demand for natural and organic products contribute to the region's dominance. Europe and North America also exhibit significant growth potential driven by increasing demand for organic products and stringent regulations on synthetic pesticides.
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What is Neem Oil Market Segmentation:
by Type
Leaf Extract
Seed Extract
Bark Extract
by Application
Pesticides/agriculture
Personal care
Animal products
Pharmaceuticals
Pharmaceutical Industry
Food Industry
by Form
Crude Neem Oil
Cold-Pressed Neem Oil
Neem Oil Extract
Who are Neem Oil Market Key Players:
1. PJ Margo Private Limited
2. Agro Extracts Limited
3. Fortune Biotech Ltd
4. GreeNeem Agri Private Limited
5. Manorama Industries Limited
6. Neem India Products Pvt. Ltd.
7.Ozone Biotech
8. Neeming Australia
9. NOW Foods
10. Fortune Biotech Ltd.
11. SUN BIONATURALS (INDIA) PRIVATE LTD.
12. Banyan Botanicals
13. Group Velocity LLC.
14. Parry's BIO
15. United Industries Corporation
16. Murugappa Group
17. The Velocity Group
18. Agro Extracts Limited
19. Certis USA LLC
20. E.I.D. Parry
21. PJ Margo Pvt. Ltd.
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Table of content for the Neem Oil Market includes:
Global Neem Oil Market: Research Methodology
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
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Summary
The Europe Neem Oil/Neem extract Industry 2016 Market Research Report is a professional and in-depth study on the current state of the Neem Oil/Neem extract industry.
The report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Neem Oil/Neem extract market analysis is provided for the Europe markets including development trends, competitive landscape analysis, and key regions development status.
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