info@marketresearchfuture.com   📞  +1 (855) 661-4441(US)   📞  +44 1720 412 167(UK)
Certified Global Research Member
Isomar fd.webp Wcrc 57.webp
Key Questions Answered
  • Global Market Outlook
  • In-depth analysis of global and regional trends
  • Analyze and identify the major players in the market, their market share, key developments, etc.
  • To understand the capability of the major players based on products offered, financials, and strategies.
  • Identify disrupting products, companies, and trends.
  • To identify opportunities in the market.
  • Analyze the key challenges in the market.
  • Analyze the regional penetration of players, products, and services in the market.
  • Comparison of major players financial performance.
  • Evaluate strategies adopted by major players.
  • Recommendations
Why Choose Market Research Future?
  • Vigorous research methodologies for specific market.
  • Knowledge partners across the globe
  • Large network of partner consultants.
  • Ever-increasing/ Escalating data base with quarterly monitoring of various markets
  • Trusted by fortune 500 companies/startups/ universities/organizations
  • Large database of 5000+ markets reports.
  • Effective and prompt pre- and post-sales support.

Neem Extract Market Research Report Information by Type (Leaf Extracts, Fruit and seed Extracts, and Bark Extracts), Application (Pharmaceuticals and nutraceuticals, Personal Care, Agriculture and farming, Food and beverages, and Others), And By Region (North America, Europe, Asia-Pacific, and Rest of the World) - Forecast Till 2032


ID: MRFR/F-B & N/0561-CR | 180 Pages | Author: Sakshi Gupta| October 2023

Global Neem Extract Market Overview


Neem Extract Market Size was valued at USD 2.01 billion in 2023. The Neem Extract industry is projected to grow from USD 2.31 billion in 2024 to USD 9.410 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 15.09% during the trajectory period (2024 - 2032). The key factors associated with the growth of the Neem Extract Market are surging demand for neem extracts to treat various health ailments along with the increasing acceptance of organic cultivation skyrocketing the demand for neem extract market around the world.


Neem Extract Market Overview


Source: Secondary Research, Primary Research, MRFR Database and Analyst Review


Neem Extract Market Trends



  • High Demand for Neem Extracts for The Treatment of Multiple Diseases


The demand for neem extract has been increasing owing to the immense benefits of neem extract in treating diseases such as infectious, metabolic, and cancer. In April 2023, Memorial Sloan Kettering Cancer Center (US) announced that, as per its research on neem extract treatment for cancer, neem extract has anticancer activities that assist in inhibiting cancer cell growth. Moreover, neem extracts extracted from all the parts of neem, including leaf, bark, flower, fruit, twig, gum, and seed, have multiple properties, thus, the below table represents the uses of different parts of neem as an extract in several diseases. Neem extracts derived from leaves are beneficial in leprosy, eye problems, epistaxis, intestinal worms, anorexia, biliousness, are skin ulcers. The bark extracts of neem work as an analgesic, and cures fever. Flower extracts of neem help in bile suppression, and the elimination of intestinal worms, and phlegm. The fruit extracts of neem are useful in piles, intestinal worms, urinary disorders, epistaxis, phlegm, eye problems, diabetes, wounds, and leprosy. Extracts derived from twigs prevent Cough, Asthma, Piles, Phantom, Tumors, Intestinal Worms, Spermatorrhoea, Obstinate Urinary Disorder, and Diabetes. Neem seed extracts are beneficial in the treatment of leprosy and intestinal worms. Apart from that, the neem extracts are also beneficial in scabies, wounds, ulcers, skin diseases leprosy, and intestinal worms. The multiple treatment properties of neem extracts are represented below:














































S.No.



Parts



Medicinal Use



1.



Leaf



Leprosy, Eye Problem, Epistaxis, Intestinal Worms, Anorexia, Biliousness, Skin Ulcers



2.



Bark



Analgesic, Alternative, and Curative of Fever



3.



Flower



Bile Suppression, Elimination of Intestinal Worms, and Phlegm



4.



Fruit



Piles, Intestinal Worms, Urinary Disorder, Epistaxis, Phlegm, Eye Problem, Diabetes, Wounds, and Leprosy



5.



Twig



Cough, Asthma, Piles, Phantom, Tumor, Intestinal Worms, Spermatorrhoea, Obstinate Urinary Disorder, and Diabetes



6.



Gum



Scabies, Wounds, Ulcers, Skin Diseases Leprosy and Intestinal Worms



7.



Seed



Leprosy and Intestinal Worms



Besides that, neem extract is also one of the environment-friendly choices as it is one of the sustainable sources of plant-based ingredients. Apart from that, the most imperative factor supporting the growth of the market is the increasing adoption of organic cultivation. This is mainly owing to the increasing organic farming trend associated with increasing awareness regarding the health impacts associated with conventional food products. In addition, organic cultivation reduces the total cost of agricultural production and boosts soil health. Moreover, the neem extracts also possess various properties required for farming, including bactericidal, and spermicidal.


Moreover, various nations are adopting organic farming techniques across the globe.  According to the report of the Government of Tamil Nadu (India), associated with organic farming Australia has 35.7 million hectares, Argentina has 3.7 million hectares, along with 2.4 million hectares in Spain in 2019. Apart from that, various nations are also reporting a continuous surge in organic farming, and among them, India was at a leading position with a surge in organic farming up to 0.36 million hectares, and Kazakistan at second position with 0.1 million hectares in 2019.


Neem Extract Market Segment Insights


Neem Extract Type Insights


The Neem Extract Market segmentation is based on the type, such as leaf extracts, fruit & seed extracts, and bark extracts. The fruit & seed extracts segment accounted for the leading market share in the Neem Extract Market in 2022 approximately 38.3%. Neem is a well-known medicinal plant with a long history of usage in several diseases in the traditional medicine system of India. Each part of the neem has therapeutic benefits, such as leaves bark extracts, fruit, roots, and seeds. Neem extracts are used in preparations associated with anthelminthic, contraceptive, sedative, and antibacterial treatment. In addition, the chewing of neem bark enhances oral hygiene. Moreover, stearic, oleic, linoleic, and palmitic acids are enriched in neem seed oil. According to animal research, neem leaf extract is also one of the novel ingredients for the treatment of diabetes as it helps in reviving the cells that produce insulin. Moreover, neem extract is also used fully in the treatment of malaria, skin problems, stomach & intestinal ulcers, and fever. The neem flower extracts are used to cure intestinal worms, regulate phlegm, and reduce bile. The fruit extracts of neem are used to treat various urinary tract diseases, eye ailments, bloody nose, phlegm, intestinal worms, hemorrhoids, wounds, leprosy, along diabetes.


Figure 2: Neem Extract Market, by Type, 2021 & 2032 (USD Billion)


Neem Extract Market, by Type, 2021 & 2032


Source: Secondary Research, Primary Research, MRFR Database and Analyst Review


Neem Extract Application Insights


The Neem Extract Market is also analyzed based on application, pharmaceuticals & nutraceuticals, personal care, agriculture & farming, food & beverages, and others. Among these segments, Pharmaceuticals & nutraceuticals, and personal care held more than 50% of the market share associated with the neem extract market in 2022. Neem-based products have a major role in the treatment and prevention of various diseases by increasing antioxidant activity and restricting the growth of bacteria and harmful pathogens. It has been used for a long time for the cure and treatment of several ailments. Similarly, the antibacterial and antifungal properties of neem extracts help to heal skin ailments and boost the susceptible system. In addition, the surging demand for naturally sourced products among consumers is anticipated to propel growth during the review period. Moreover, the curative properties of neem extracts along with long-term benefits, are being used in various products such as soaps, shampoos, conditioners, and toothpaste. In addition, neem extracts are enriched with flavonoids and antioxidants, and are widely used in food and beverages.


Furthermore, Neem-derived extracts are also beneficial in several insect repellents, diabetic management, anti-inflammatory supplements, along with cancer treatment. These benefits associated with neem extracts are anticipated to have a positive impact on the market. Besides that, the usage of chemical-based insecticides and pesticides impacted the yield of soil and it also spoils the nutrient value of agriculture products, owing to which the neem extract-based products are gaining more consumer traction these days. In addition, surged demand and application for bio-based fungicides and herbicides in developed and developing countries are anticipated to propel the demand for products during the forecast period.


Neem Extract Regional Market Insights

Based on regions, the Neem Extract Market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. Asia Pacific neem extract market accounted for 39.4% in 2022 and is likely to grow with a CAGR of 16.25% during the review period. The increasing demand for neem extracts in the Asia-Pacific region is creating huge growth opportunities for the neem extract market. Many of the Asia-Pacific countries such as India, China, and the Philippines use a huge number of bio-based fertilizers that are made from crop and animal waste. Also, the medicinal benefits of neem are well known in Asia-Pacific, and its awareness is spreading worldwide. Hence, above mentioned factors help to boost the market growth of the Asia-Pacific neem extract market.


Europe is accounted for the second position with a market share of 28.9% in 2022, and the major players associated with the neem extract market are anticipated to observe noticeable growth owing to surging demand for organic pesticides.


North America is anticipated to grow with a CAGR of 14.43% till 2032, owing to surged awareness regarding the application of neem extracts attracting customers owing to the health-beneficial properties in their daily lives.


In addition, the key countries considered for this study include are the U.S, Germany, Canada, France, Italy, the UK, Spain, Japan, India, China, Australia, Brazil, New Zealand, and South Korea.


Figure 3: NEEM EXTRACT MARKET SHARE BY REGION 2021 (%)


NEEM EXTRACT MARKET SHARE BY REGION 2021


Source: Secondary Research, Primary Research, MRFR Database and Analyst Review


Neem Extract Key Players & Market Competitive Landscape


The neem extract market is projected to observe a noticeable growth, mainly due to the presence of several local, regional, and global. These players are catering to the neem extract processing techniques which are progressing at a rapid pace. The increasing demand for neem extract is further driving the growth of the Neem Extract Market during the forecast period. The key manufacturers have adopted a strategy of obtaining regulatory approval from government agencies for their products and signing contracts and agreements to broaden their reach and reduce operational costs. Apart from that, the players are also focusing on strategic collaborations, and investment in R&D to gain more market share. Mergers and acquisitions strategies are also followed by the companies for the expansion of their product portfolio and to launch a new product. The growth of prominent players associated with the neem extract market is dependent on several factors, including market conditions, industry development, and government support. The major companies in the neem extract market are aiming to develop new products with advanced properties. These are the major strategic growth approaches considered by the major players in the global neem extracts to uphold a major share in the long run.


Key Companies in the Neem Extract market include



  • Neeming Australia (Australia)

  • Gramin India Agri BusiNest (India)

  • PJ Margo Pvt. Ltd (India)

  • Agro Extracts Limited (India)

  • GreeNeem Agri Pvt Ltd (India)

  • Parker Biotech Private Limited (India)

  • Fortune Biotech Ltd (India)

  • EID Parry Ltd (India)

  • Ozone Biotech (India)

  • Trifolio-M GmbH (Germany)


Neem Extract Market Segmentation


Neem Extract Type of Cover Outlook



  • Leaf Extracts

  • Fruit & Seed Extracts

  • Bark Extracts


Neem Extract Application Outlook



  • Pharmaceuticals & Nutraceuticals

  • Personal Care

  • Agriculture & Farming

  • Food & Beverages

  • Others


Neem Extract Regional Outlook



  • North America

    • US

    • Canada

    • Mexico



  • Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe



  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia & New Zealand

    • Rest of Asia-Pacific



  • Rest of the World

    • South America

    • Africa

    • Middle East



Report Attribute/Metric Details
Market Size 2023 USD 2.01 billion
Market Size 2024 USD 2.31 billion
Market Size 2032 USD 9.410 billion
Compound Annual Growth Rate (CAGR) 15.09% (2024-2032)
Base Year 2023
Forecast Period 2024-2032
Historical Data 2019, 2020, & 2021
Forecast Units Value (USD Billion) and Volume (Billion Tons)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered Type, Application, and Region
Geographies Covered North America, Europe, Asia Pacific, and Rest of the World
Countries Covered The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, South Korea, Brazil, Mexico, Argentina, GCC Countries and South Africa.
Key Companies Profiled Neeming Australia (Australia), Gramin India Agri BusiNest (India), PJ Margo Pvt. Ltd (India), Agro Extracts Limited (India), GreeNeem Agri Pvt Ltd (India), Parker Biotech Private Limited (India), Fortune Biotech Ltd (India), EID Parry Ltd (India), Ozone Biotech (India), and Trifolio-M GmbH (Germany) among others.
Key Market Opportunities Favourable Government Policies to Support Organic FarmingFunding And Investment to Promote Organic Farming.  
Key Market Dynamics High Demand for Neem Extracts for The Treatment of Multiple DiseasesHigher Adoption of Organic Farming


Frequently Asked Questions (FAQ) :

Neem Extract Market is pegged at USD 2.31 billion as of 2023.

US Neem Extract market is poised to grow at 79.82% market share during 2021.

Neem Extract Market is poised to grow at 15.09% CAGR during 2024-2032.

Asia-Pacific region held the largest market share in the Neem Extract Market and market share of 39.4% in 2021.

Neeming Australia (Australia), Gramin India Agri BusiNest (India), PJ Margo Pvt. Ltd (India), Agro Extracts Limited (India), GreeNeem Agri Pvt Ltd (India), Parker Biotech Private Limited (India), Fortune Biotech Ltd (India), EID Parry Ltd (India), Ozone Biotech (India), and Trifolio-M GmbH (Germany)

Fruit & Seed Extracts is poised to drive the Neem Extract market, which is poised to grow at 16.01% CAGR during 2024-2032

Leading companies partner with us for data-driven Insights
client_1 client_2 client_3 client_4 client_5 client_6 client_7 client_8 client_9 client_10
Kindly complete the form below to receive a free sample of this Report
Please fill in Business Email for Quick Response

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

Purchase Option
Single User $ 4,950
Multiuser License $ 5,950
Enterprise User $ 7,250
Compare Licenses
Tailored for You
  • Dedicated Research on any specifics segment or region.
  • Focused Research on specific players in the market.
  • Custom Report based only on your requirements.
  • Flexibility to add or subtract any chapter in the study.
  • Historic data from 2014 and forecasts outlook till 2040.
  • Flexibility of providing data/insights in formats (PDF, PPT, Excel).
  • Provide cross segmentation in applicable scenario/markets.