India Neem Extract Market by Segment, Application, Size,Growth and Demand Forecast, 2013-2023


Posted September 19, 2018 by Rahul_Gautam

In India, neem extracts are highly produced and exported on account of medicinal benefits associated with them.
 
The Indian neem extract market will be observing a constant growth in the coming years, due to large neem production and rising attraction towards healthier and herbal goods in the country. Three broad application segments of the Indian neem extract market are animal products, health and personal care, and agriculture - where agriculture holds the largest market size.

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India is a major neem extract market, where several ayurvedic companies including Dabur, Patanjali, Baidyanath and Zandu are the key users of neem extract. The consumption of fertilizer based neem extract products is the highest of the total consumption of neem extract in the agriculture sector of the market. In India, neem extract also find application as pesticide, where 300 parts per million (PPM) and 1,500 PPM are the preferred concentrations. The demand of neem extract for applications in personal care is higher than nutraceuticals.

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Although neem has been proved to have multiple benefits for human and animals, there is difference in opinion among Indian researchers on this topic, which is discouraging some people from extensive consumption of neem products. Certain studies show that consumption of neem leaf or neem bark based medicines may be harmful during pregnancy. This factor is hindering the growth of the neem extract market in India.

The major players operating in the Indian neem extract market include Patanjali, E.I.D. Parry (India) Limited, P.J. Margo Pvt. Ltd., Agro Extract Limited, Ozone Biotech Pvt. Ltd., GreeNeem Agri Private Limited, Fortune Biotech Ltd., The Indian Neem Tree Company, and Bros India Group.

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Issued By Rahul Gautam
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Categories Business , Consumer , Research
Tags india neem extract market , india neem extract market by region , india neem extract market demand , india neem extract market research report , india neem extract market scope , india neem extract market size
Last Updated September 19, 2018