A substantial
increase in demand for organic and natural products from fresh
produce, personal care, pharmaceutical and animal feed sectors are
expected to push the demand for neem extracts over the period of 213
- 2019 globally. Moreover, increasing awareness about the side
effects of the synthetic chemicals in agricultural field is likely to
prompt the usage of bio-fertilizers and bio-pesticides over the next
six years. Neem is considered as one of the most effective and
efficient bio-pesticide and bio-fertilizer. The versatility of the
plant is expected to increase its demand in almost all sectors in the
global market.
Some of the
medicinal benefits of neem are- it reduces blood clotting, lowers
blood pressure and cholesterol, eases palpitations and regulates
digestion. These medicinal benefits of neem are expected to augment
its growth in the pharmaceutical sector over the forecast period.
Moreover, government initiatives in countries such as India and China
would increase the production of neem extracts over the next six
years. India, at present, is the largest producer and exporter of
neem extracts. Among the application sectors, Chemicals and
Fertilizers is the largest consumer of neem extracts followed by
animal feed and pet care.
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Geographically, Asia
Pacific is the largest market for neem extracts, whereas Europe is
expected to grow at a faster rate over the forecast period. Globally,
the neem extracts market is expected to grow at a substantial single
digit growth rate from 2013 to 2019. In North America, the U.S. is
the largest consumer of neem extracts followed by Canada. The demand
for neem extracts among the European countries such as Spain, Germany
and Italy is expected to grow substantially due to growing organic
farming and increasing demand for organic personal care products.
This report has been
segmented by applications of neem extracts and by geographies. It
also includes the drivers, restraints and opportunities (DROs),
Porter’s five forces analysis and value chain of neem extracts. The
study highlights current market trends and provides the forecast from
2013 to 2019.
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The study covers the
analysis of geographies such as North America, Europe, Asia Pacific
and Rest of the World (RoW). The current market size and forecast
till 2019 have been provided in the report in terms of both Value
(USD million) and Volume (million kg).
The report also
analyzes macro-economic factors influencing and inhibiting the growth
of neem extracts market. Porter’s five forces analysis offers
insights on market competition throughout its value chain. In
addition, the market attractiveness analysis provided in the report
highlights key investing areas in this industry. The report will help
manufacturers, suppliers and distributors to understand the present
and future trends in this market and formulate their strategies
accordingly.
The neem extracts
market here refers to the market by applications in the industry and
by geography. The market is categorized into the following segments:
Global Neem Extracts
Market by Applications
The different
applications of neem extracts in industry segments covered under this
research study are defined as follows:
Personal Care
Pharmaceuticals
Chemicals and
Fertilizers
Animal Feed and Pet
Care
Others
Global Neem Extracts
Market by Geography
The different
geographies covered under this research study are defined as follows:
North America
Europe
Asia Pacific
Rest of the World
(RoW)
It also includes
detailed profiles of the major players in this market with attributes
such as product portfolio, strategy, SWOT analysis and recent
developments. Some of the major players in the neem extracts market
are EID Parry India Ltd, Agro Extracts Ltd., Parker Biotech Pvt Ltd.
Neeming Australia Pvt Ltd., PJ Margo Pvt Ltd., Ozone Biotech, Gramin
India Agri BusiNest and Greeneem Agri Pvt Ltd.
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the full Press
Release:http://www.transparencymarketresearch.com/pressrelease/neem-extract-market.htm
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