Neem Oil/Neem Extract Market was valued at USD 3.12 Billion in 2022 and is projected to reach USD 5.85 Billion by 2030, growing at a CAGR of 8.6% from 2024 to 2030.
The global neem oil and neem extract market was valued at approximately USD 1.2 billion in 2022. The market is projected to grow at a compound annual growth rate (CAGR) of 8.4% from 2023 to 2028. This growth is driven by the increasing demand for natural and organic products in various sectors, including agriculture, personal care, and pharmaceuticals. The agricultural segment, in particular, is experiencing heightened interest due to neem oil’s efficacy as a natural pesticide and fungicide. Furthermore, the rising awareness of the benefits of neem oil in personal care products, such as skincare and haircare, is contributing to market expansion.
Opportunities in the neem oil and neem extract market are substantial, with emerging markets in Asia-Pacific and Latin America showing significant potential. The growing inclination towards eco-friendly and sustainable solutions in these regions is expected to fuel market growth. Additionally, advancements in extraction technologies and increasing investments in research and development are anticipated to open new avenues for market players. The incorporation of neem oil in innovative products and the expanding application of neem extracts in the pharmaceutical industry are also likely to enhance market prospects.
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E.I.D. Parry
Neeming Australia Pty Ltd.
P.J. Margo Pvt. Ltd.
Agro Extract Limited
Ozone Biotech Pvt. Ltd.
GreeNeem Agri Private Limited
Fortune Biotech Ltd.
Swedenn Neem Tree Company
Bros Sweden Group
Certis USA LLC
Terramera Inc.
Grupo Ultraquimia
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Neem Oil/Neem Extract Market
Pesticides/Agriculture
Personal Care
Others
Based on Types the Market is categorized into Below types that held the largest Neem Oil/Neem Extract market share In 2023.
Seed Extract
Leaf Extract
Bark Extract
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Neem Oil/Neem Extract Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Neem Oil/Neem Extract Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Neem Oil/Neem Extract Market, By Type
6. Global Neem Oil/Neem Extract Market, By Application
7. Global Neem Oil/Neem Extract Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Neem Oil/Neem Extract Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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