The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The global neem extracts market is set to witness substantial growth, with projections indicating an increase from $2.36 billion in 2022 to $2.66 billion in 2023, boasting a robust Compound Annual Growth Rate (CAGR) of 12.8%. This upward trajectory is anticipated to continue, with expectations to reach $4.29 billion by 2027 at a CAGR of 12.7%.

Driving Force: Surge in Demand for Organic Products

• The neem extract market is riding on the wave of the global demand for organic products.
• Organic products, devoid of artificial chemicals, hormones, antibiotics, or GMOs, are gaining popularity among consumers.
• Neem extract, renowned for its antibacterial and antifungal properties, finds applications in agriculture, personal care, medicines, and animal feed.
• According to the U.S. Department of Agriculture, organic product sales in the U.S. surged to $11.2 billion in 2021, marking a 13% increase from 2019.
• Neem extract’s unique properties position it as a key component in the production of organic and natural goods, driving market growth.

Industry Titans: Key Players in the Neem Extract Market
Major players shaping the neem extract market include:

• East India Distilleries Parry Limited
• Neeming Australia Pty Ltd.
• Parker Hannifin India Private Limited
• Bros India Group
• Gramin India Agri BusiNest
• Agro Extracts Limited
• Fortune Biotech Ltd.
• The Indian Neem Tree Company
• Ozone Biotech
• PJ Margo Pvt. Ltd.
• Trifolio-M-Gmbh
• GreeNeem Agri Pvt. Ltd.
• Neem India Products Pvt. Ltd.
• Phyto Life sciences Pvt. Ltd.
• Green Earth Products Pvt. Ltd.
• Ichimaru Pharcos Co. Ltd.

Innovation: A Catalyst for Market Growth

• Product innovation emerges as a pivotal trend, allowing companies to fortify their market positions.
• Nisarga Biotech Pvt. Ltd., in May 2021, introduced Nisarga Neem Capsules, positioning it as a preventive treatment for COVID-19.
• Clinically validated and patented, these capsules leverage neem’s anti-inflammatory characteristics to enhance the body’s natural immune response.
• The product serves as a dual-purpose cleanser and blood purifier, promoting overall health.
• The study supporting its efficacy has been peer-reviewed and is listed as authentic research on the US government’s PubMed website.

Market Segmentation: Navigating the Landscape
The global neem extract market is segmented based on:

1. Type: Leaf Extract, Fruit And Seed Extract, Bark Extract
2. Formulation: Dry, Liquid
3. Application: Food And Beverages, Pharmaceutical, Nutraceutical, Personal Care And Cosmetics, Agriculture And Farming, Other Applications
4. Regional Dynamics: Asia-Pacific Leads, Western Europe Gears Up

• In 2022, Asia-Pacific emerged as the largest region in the global neem extracts market.
• Western Europe is anticipated to be the fastest-growing region in the forecast period, signaling evolving trends and increasing adoption of neem-based products.

View More On The Neem Extract Market Report 2023 – https://www.thebusinessresearchcompany.com/report/neem-extract-global-market-report

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The Neem Extract Global Market Report 2023  offers a comprehensive overview on the neem extract market size, growth rate, trends and drivers, opportunities, strategies, and competitor landscape. The countries covered in the neem extract market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

The Table Of Content For The Neem Extract Market Include:
1. Neem Extract Market Executive Summary
2. Neem Extract Market Segments
3. Neem Extract Market Size And Neem Extract Market Growth Rate
4. Key Neem Extract Market Trends
5. Major Neem Extract Market Drivers
……
25. Key Mergers And Acquisitions In The Neem Extract Market
26. Top Neem Extract Companies
27. Neem Extract Market Opportunities And Strategies
28. Neem Extract Market, Conclusions And Recommendations
29. Appendix

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