Reports and Data estimates the global Neem Extracts Market competitive landscape is highly fragmented with numerous players operating on a global and regional scale. The key companies in the market are engaged in mergers and acquisitions, joint ventures, collaborations, and product launches to gain a robust revenue growth over the forecast period.
The global Neem Extracts Market is forecasted to reach USD 3,461.7 million by 2027, according to a new report by Reports and Data. The increasing awareness among consumers regarding the health benefits of neem in the developing economies is expected to drive the growth of the neem extracts market in the region. The neem extract products are widely used in the pharmaceutical, personal care, agriculture, and food & beverages industries. The rising awareness among the farmers regarding the adverse effects of chemical fertilizers and pesticides on plant growth and agricultural productivity has resulted in the increasing demand for neem-based pesticides and fertilizers. Increasing investments by the established herbal companies in the manufacturing of high-quality herbal cosmetics are most likely to drive the growth of the neem extracts market over the forecast period. The demand for bio-based personal care products is more compared to chemical-based personal due to the high quality of herbal cosmetics and beneficial medicinal properties.
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Major companies profiled in the report include:
E.I.D. Parry India Ltd., Agro Extracts Limited., Parry America, Ozone Biotech, Trifolio-M GmbH, PJ Margo Pvt. Ltd., Neeming Australia Pvt. Ltd., The Indian Neem Tree Company, Phyto Life Sciences P. Ltd., and Green Earth Products Pvt. Ltd, among others.
Type Outlook (Revenue, USD Million; 2017-2027)
- Leaf Extract
- Fruit and Seed Extract
- Bark Extract
Application Outlook (Revenue, USD Million; 2017-2027)
- Animal Feed
- Personal Care
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Regional Analysis of the Neem Extracts Market:
The global Neem Extracts market is categorized into several leading geographical regions, including North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. The report emphasizes the demands and trends for the market, more essentially, in the global market that is spread across the major regions of the world. Under this section of the report, the global Neem Extracts market presence across the major regions in terms of the global market share, market size, revenue contribution, sales network, and distribution channels has been analyzed.
Key Questions answered by the Report:
- What is the expected year-on-year growth of the Neem Extracts market during the forecast period?
- What key trends are expected influence revenue growth of the market going ahead?
- Which region is expected to account for largest revenue share over the forecast period?
- Which key companies are profiled in the report?
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