Neem Extract Market Research Report - Global Forecast till 2027

Neem Extracts Market Global Research Report by Type (Leaf Extract, Fruit and Seed Extract, and Bark Extract), Application (Pharmaceuticals and Nutraceuticals, Personal Care, Agriculture and Farming, Food & Beverages and others), and Region (North America, Europe, Asia-Pacific, and Rest of the World) – Forecast till 2027

ID: MRFR/F-B & N/0561-HCR | 115 Pages | Published By Sakshi Gupta on March 2023         

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Neem Extracts Market Scenario


The global neem extract market size is expected to register a growth rate of 5.8% from 2020 to 2027, and reach USD 4.5 billion by 2027. The Neem Extracts Market is witnessing a high growth due to the increasing usage of neem extracts in a variety of products across the agriculture, personal care, food & beverages, and pharmaceuticals industries. The neem plant possesses various medicinal properties, which, in turn, makes it an ideal ingredient for different organic and natural products. The global market is experiencing a rise in demand for neem-based products owing to the presence of antioxidants and its ability to work as an anti-inflammatory agent. Additionally, neem is also known for its pest and mosquito repellent properties. Therefore, most of the pest repellent products contain neem oil. Additionally, this encourages manufacturers to produces neem extract and eventually rises the market demand for neem extract market. Thus, these factors are expected to drive the growth of neem extracts industry.The neem extracts market is expected to grow with an impressive growth rate during the forecast period owing to the increasing demand for neem in personal care products because of its anti-inflammatory properties. In addition to that, neem helps in dealing with various skin issues, including acne, blemishes, and skin redness. Surging global demand for biopesticides and fertilizers is boosting the production of natural agricultural commodities, which, in turn, is fuelling the market for neem extracts.



Key Players



Neeming Australia Pty Ltd (Australia), Agro Extracts Limited (India), Parker India Group (India), Fortune Biotech Ltd (India), The Indian Neem Tree Company (India), Ozone Biotech (India), PJ Margo Pvt. Ltd (India), Gramin India Agri Businest (India), GreeNeem Agri Pvt Ltd (India), Bros India Group (India), Phyto Life Sciences P. Ltd (India), Green Earth Products Pvt. Ltd (India), Ichimaru Pharcos Co., Ltd (India), Neem India (India), and Trifolio-M GmbH (Germany) are some of the key players operating in the neem extracts industry.


Segmentation



The global market has been segmented based on type, application, and region.   By type, the global market has been classified into leaf extract, fruit and seed extract, and bark extract. The leaf extract segment is expected to garner the largest revenue share and also is expected to be the fastest-growing segment in the global neem extract market. By application, the global neem extracts market has also been segregated into pharmaceuticals and nutraceuticals, personal care, agriculture and farming, food & beverages, and others. The personal care segment is expected to gain the highest revenue share of the global market. However, neem extracts are used as a natural fertilizer in the agriculture and farming industries and as there is an increasing demand for organically grown food products among consumers. This, in turn, is expected to boost the growth of the market.   The global market has been studied with regard to four key regions—North America, Europe, Asia-Pacific, and the rest of the world.   The North American neem extracts market has further been segmented into the US, Canada, and Mexico. The European market has been classified as the UK, Germany, France, Italy, Spain, and the rest of Europe. The market in Asia-Pacific has been segmented into China, India, Japan, Australia & New Zealand, and the rest of Asia-Pacific. The market in the rest of the world has been segmented into South America, the Middle East, and Africa.

Regional Market Summary


Asia-Pacific is projected to gain the lion’s share in the global neem extracts market and grow with an impressive CAGR during the forecast period. India, China, Japan, and Vietnam are among the major markets contributing to the regional market growth. Moreover, increasing awareness among farmers regarding the benefits of neem extracts as natural fertilizers is also boosting the demand for neem extracts in Asia-Pacific.


Neem Extracts Market, by Type



  • Leaf Extract

  • Fruit and Seed Extract

  • Bark Extract


Neem Extracts Market, by Application



  • Pharmaceuticals and Nutraceuticals

  • Personal Care

  • Agriculture and Farming

  • Food & Beverages

  • Others


By Region



  • North America

    • US

    • Canada

    • Mexico





  • Europe

    • Germany

    • France

    • Italy

    • Spain

    • UK

    • Rest of Europe





  • Asia-Pacific

    • Japan

    • China

    • India

    • Australia and New Zealand

    • Rest of Asia-Pacific





  • Rest of the World (RoW)

    • South America

    • Middle East

    • Africa 




Intended Audience

  • Neem extracts manufacturers

  • Neem extracts exporters and importers

  • Raw material suppliers

  • Agriculture associations



Report Scope:

Report Attribute/Metric Details
  Market Size   USD 4.5 Billion
  CAGR   5.8%
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Billion)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   By Type, Application, and Region
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Neeming Australia Pty Ltd (Australia), Agro Extracts Limited (India), Parker India Group (India), Fortune Biotech Ltd (India), The Indian Neem Tree Company (India), Ozone Biotech (India), PJ Margo Pvt. Ltd (India), Gramin India Agri Businest (India), GreeNeem Agri Pvt Ltd (India), Bros India Group (India), Phyto Life Sciences P. Ltd (India), Green Earth Products Pvt. Ltd (India), Ichimaru Pharcos Co., Ltd (India), Neem India (India), and Trifolio-M GmbH (Germany)
  Key Market Opportunities   Surging global demand for biopesticides and fertilizers
  Key Market Drivers   Increasing demand for neem in personal care products


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Frequently Asked Questions (FAQ) :

Neem extracts market is projected to grow at a 5.8% CAGR between 2020-2027.

Neeming Australia Pty Ltd (Australia), Agro Extracts Limited (India), Parker India Group (India), Fortune Biotech Ltd (India), The Indian Neem Tree Company (India), Ozone Biotech (India), PJ Margo Pvt. Ltd (India), Gramin India Agri Businest (India), GreeNeem Agri Pvt Ltd (India), and Trifolio-M GmbH (Germany) are some of the top players in the global global neem extracts industry.

Neem extracts market is predicted to touch USD 4.5 billion by 2027.

The personal care segment will lead the neem extracts market.

Increasing use of neem in personal care products and fertilizers are the key factors driving the neem extracts market.

The Asia Pacific is expected to dominate the neem extracts market.