Neem Extracts Market Opportunities, Drivers, Growth Rate and
Emerging Countries Forecasts by 2020
“The rising demand for neem extracts can be attributed to the increasing end
use scope of the product in pharmaceuticals, personal care, and agriculture.
In addition, the increasing awareness regarding the benefits of the product is
expected to boost demand during the forecast period.”
Industry insights
The Global Neem Extracts Market to reach around USD 1.32 billion by 2020. The rising demand for neem
extracts can be attributed to the increasing end use scope of the product in pharmaceuticals, personal care, and
agriculture. In addition, the increasing awareness regarding the benefits of the product is expected to boost
demand during the forecast period. The backlash of synthetic products and environmental-friendly products are
expected to drive the growth of this market.
India, Burma and Sri Lanka are major exporters of neem extracts. Countries such as the U.S., the UK, and
Australia are also witnessing significant growth in neem cultivation owing to the increasing demand from the
several end-use verticals.
The stringent regulations, particularly in the UK, the U.S., Italy, and Spain, are encouraging the cultivation of
fruits and vegetables organically, which has promoted the use of neem extracts in fertilizers and pesticides.
The product is widely being used in pharmaceutical drugs, owing to its superior benefits such as reduction in
blood clotting, controlling of blood pressure & cholesterol, and improved digestion. The rapid growth of the
pharmaceuticals industry is therefore anticipated to boost the product demand during the forecast period.
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