Neem oil is a naturally occurring pesticide, which is found in seeds from the neem tree. It is yellow to brown, has a bitter taste and a garlic/ sulfur smell. Neem oil has been used for more than hundreds of years to control pests and diseases. Neem oil is the most important of the commercially available products of neem for medicines and organic farming. Neem oil is also loaded with antioxidants and nutrients, which protect the skin from environmental damage and help fighting radical damage.
MARKET DYNAMICS
The changing inclination of the purchasers in regards to the nourishment quality and its health benefits has set off the market development. Neem oil is used in various medicines and organic products, which helps to cure diseases, improving agricultural productivity, and is also used in a wide range of cosmetics. Some of the active users of neem oil are pharmaceutical industries along with Ayurveda and Unani. Increasing uses of neem oil in enhancing the agricultural activities in bio-based farm products is also surging the demand of neem oil in the market. One of the by-products of the neem oil industry, which is neem cake, can also be used as a natural pesticide and livestock. Its has immense potential as a mosquito repellent in countries that are facing diseases due to malarial pathogen.
MARKET SCOPE
The "Global Neem oil Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the neem oil market with detailed market segmentation by type, application and geography. The global neem oil market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading neem oil market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global neem oil market is segmented on the basis of type and application. On the basis of type the global neem oil market is segmented into leaf extrac oil, seed extract oil and bark extract oil. By application the neem oil market is classified into pesticides, pharmaceuticals and personal care and cosmetics.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global neem oil market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The neem oil market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the neem oil market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the neem oil market in these regions.
MARKET PLAYERS
The reports cover key developments in the neem oil market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from neem oil market are anticipated to lucrative growth opportunities in the future with the rising demand for neem oil in the global market. Below mentioned is the list of few companies engaged in the neem oil market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the neem oil market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Manorama Industries Limited
- Neem India Products Pvt. Ltd
- Ozone Biotech
- Neeming Australia
- NOW Foods
- Fortune Biotech Ltd
- SUN BIONATURALS PRIVATE LTD
- Banyan Botanicals
- Group Velocity LLC
- Parry's BIO
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.