Neem Extract Demand Expected to Shoot Up in India in Coming Years

Posted December 17, 2021 by Rahul_Gautam

India Neem Extract Market is Poised to Drive Accelerated Expansion in Coming Years: P&S Intelligence
Neem extracts are being increasingly used in the production of bio-pesticides due to their ability to exhibit unparalleled insecticidal effects. As these extracts act as nonneurotoxic pest control agents, they are being preferred over chemical-based bio-herbicides, bio-fungicides, and bio-insecticides. Neem extracts have antifeedant and deterrent effects on many insects, especially the ones belonging to the polyphagous species. Thus, the surging public awareness about the harmful effects of fertilizers and pesticides and the increasing requirement for soil and water preservation, will create a huge demand for neem extracts in India in the foreseeable future.

Moreover, the rising shortage of animal feed, on account of the burgeoning demand for animal products, is creating a huge requirement for an alternative feed, such as neem extract-based feed. Neem extract is one of the most ideal plant-based feeds as it helps in facilitating the growth of animals. Additionally, the soaring number of pet animals will also boost the Indian neem extract market growth in the coming years. To meet the increasing need for animal feed, the country is witnessing the large-scale plantation of neem trees.

According to P&S Intelligence, the Indian neem extract market is characterized by the presence of several small-sized companies such as P.J. Margo Pvt. Ltd., Bros India Group, Patanjali, Agro Extract Limited, The Indian Neem Tree Company, and Ozone Biotech Pvt. Ltd., which do not have a fixed channel for international sales. Even though these companies do not have a definite international sales channel, their products are being offered to overseas customers through e-commerce platforms.

Thus, the increasing demand for water and soil preservation, rising prevalence of diabetes, and soaring awareness about oral health will boost the adoption of neem extracts in India in the forthcoming years.
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Tags india neem extract market , india neem extract market report , india neem extract market share
Last Updated December 17, 2021