Neem Extract Market
Report ID: SQMIG30B2038
Neem Extract Market Size, Share, Growth Analysis, By Application(Pharmaceuticals & nutraceuticals, Personal care, agriculture & farming, Food & beverages), By Type(Leaf extracts, Fruit & seed extracts, and Bark extracts), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG30B2038 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|Tables:
65
|Figures:
66
Neem Extract Market Insights
Global Neem Extract Market size was valued at USD 2.31 billion in 2022 and is poised to grow from USD 2.66 billion in 2023 to USD 8.18 billion by 2031, growing at a CAGR of 15.09% in the forecast period (2024-2031).
Neem essence is a yellowish-brown vegetable oil extracted from the stems, leaves, stems, flowers, berries, berries and seeds. It is a powerful anti-inflammatory and anti-inflammatory that helps fight free radicals reducing inflammation and neutralizing bacteria, viruses and fungi to lower blood sugar levels, reduce leprosy, eye infections , diabetes, skin and digestive ulcers and prevents plaque formation f helps protect plants from soil insects and diseases as an effective insecticide, fertilizer and widely used Used Extractants include a variety of dental products, such as toothpaste, mouthwash and toothpaste, cosmetic and hair care products to prevent skin rashes, eczema and lice.
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Neem Extract Market Segmental Analysis
The Neem Extract Market is also analyzed based on application, pharmaceuticals & nutraceuticals, personal care, agriculture & farming, food & beverages, and others. The Neem Extract Market segmentation is based on the type, such as leaf extracts, fruit & seed extracts, and bark extracts. Based on regions, the Neem Extract Market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World.
Analysis by Application
The agricultural segment is dominating the market due to land degradation and increasing environmental concerns. So farmers are adopting sustainable agriculture, using neem-based fertilizers and pesticides. These activities drive the growth of the India Neem Essence market during the forecast period.
Pharmaceuticals & nutraceuticals held over 50% of the market share associated with Neem extract market by 2022 . It has long been used to treat and cure many diseases. Similarly, the antibacterial and antifungal properties of neem help treat skin infections and enhance sensitive systems. Moreover, high demand for naturally derived products among consumers is expected to boost growth during the review period.
Analysis by Type
The fruit and seed extracts segment held the leading market share in the neem extracts market by 2022 at around 38.3%. Neem is a popular remedy that has been used for a long time in the traditional Indian system of medicine for many ailments. Every part of neem has therapeutic benefits, including leaf extracts, fruits, roots and seeds. Neem extract is used in preparations related to mosquito repellents, contraceptives, sedatives and antiseptics. In addition, chewing neem pods improves oral hygiene.
The leaf extract segment holds the largest market share owing to the various health benefits found in neem leaves. Also, neem leaf extract is ubiquitous and easier to extract than neem seed and peel.
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Neem Extract Market Regional Insights
North America is expected to grow at a CAGR of 14.43% till 2032, owing to increasing awareness in the use of neem extract attracting consumers for its health-beneficial properties in their daily lives.
Asia-Pacific attained a share of 39.4% by 2022 and is likely to grow at a CAGR of 16.25% during the forecast period. The growing demand for neem in the Asia-Pacific region is creating huge growth opportunities for the neem extract market. Many Asia-Pacific countries such as India, China and the Philippines use bio-based fertilizers produced from crop and animal manure Also, the medicinal value of neem is well known in Asia-Pacific and its awareness has spread across the globe .
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Neem Extract Market Dynamics
Drivers
Rising Demand for Neem Medicine
- The demand for neem medicine is increasing due to its significant benefits in treating diseases such as inflammatory and somatic cancer In April 2023, Memorial Sloan Kettering Cancer Center (USA) announced that, according to research conducted on neem remedy for cancer shows, neem -Extracts have anti-cancer activities, which promote the growth of cancer cells Also, Neem extracts from all parts such as leaves, seedlings, flowers, fruits. shoots, gums and seeds have many properties, therefore, the table below shows the use of Neem parts as an extract.
Restraints
Rising Consumption of Neem Leaf
- Although neem has been proved to have more than one benefit for humans and animals, there may be a difference in opinion amongst Indian researchers in this topic, that is discouraging some human beings from full-size intake of neem merchandise. Certain research shows that consumption of neem leaf or neem bark based totally drug treatments can be harmful during pregnancy. This aspect is hindering the increase of the neem extract market in India.
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Neem Extract Market Competitive Landscape
The competitive environment of the global Neem Extract market is dynamic and characterized by the presence of a mix of well-established brands, emerging players, and niche producers. Innovation is a key competitive factor. Leading brands invest in research and development to introduce new flavors, packaging formats, and health-focused variations to cater to changing consumer preferences. They often set the trends in the industry.
Top Player’s Company Profiles
- Patanjali
- E.I.D. Parry (India) Limited
- Ozone Biotech Pvt. Ltd.
- GreeNeem Agri Private Limited
- Fortune Biotech Ltd.
- The Indian Neem Tree Company
- Gramin India Agri BusiNest
- Parker India Group
- Bros India Group.
Recent Developments
- In May 2021, Indian biotechnology company Nisarga Biotech Pvt. Ltd., released Nisarga Neem Capsules as a preventive treatment for COVID-1 This capsule improves the immune system and purifies the blood, thus improving overall health.
Neem Extract Key Market Trends
- The neem extract market is projected to take a look at a noticeable increase, Wespecially due to the presence of several local, nearby, and global. These players are catering to the neem extract processing strategies which are progressing at a speedy tempo. The growing demand for neem extract is in addition driving the increase of the Neem Extract Market throughout the forecast length. The key producers have adopted a method of acquiring regulatory approval from government agencies for his or her products and signing contracts and agreements to expand their reach and reduce operational prices.
Neem Extract Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research. The powdered neem pods act as an analgesic and cure migraines. Neem flower extract helps block bile, eliminating intestinal worms and mucus. Powdered neem fruits are useful in clusters, intestinal worms, urinary tract infections, epistaxis, phlegm, eye trouble, diabetes, ulcers and leprosy Drugs obtained from the shoots prevent cough, asthma, clusters, phantoms, constipation , intestinal worms, semen, urinary tract infections and diabetes. Powdered neem seeds are useful in treating leprosy and intestinal worms. Additionally, neem extract is also beneficial for warts, boils, ulcers, skin diseases, leprosy and intestinal worms.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 2.31 billion |
| Market size value in 2031 | USD 8.18 billion |
| Growth Rate | 15.09% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Neem Extract Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Neem Extract Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Neem Extract Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Neem Extract Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Neem Extract Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Neem Extract Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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