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03.06.2019, 08:12
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by rajsingh50901 · November 23, 2018

23 Nov 2018 –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 Tarvarius Moore 49ers Jersey , 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 Fred Warner 49ers Jersey , 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 Eli Harold 49ers Jersey , 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. The major challenge this industry faces is the high cost of neem extracts and the demand & supply gap, which can restrict the growth of this industry over the coming years.

Neem and its extracts are widely used in the cosmetics industry owing to their properties of ero side effects? The use of the product in skin care commodities such as body lotions, fairness creams Jaquiski Tartt 49ers Jersey , and hand wash will further augment the product demand during the forecast period.

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Major FMCG and cosmetics companies, such as Himalaya, Garnier, and Hindustan Unilever, are developing new neem-based products to leverage the growing consumer demand and thereby strengthen their positions in the overall industry.

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Application Insights

The industry is expected to observe significant growth during the forecast period Arik Armstead 49ers Jersey , primarily driven by growing applications of the product in bio-fertilizers and bio-pesticides. The pesticide-like characteristics of the product are largely attributable to Azadirachtin, which can protect the crops from over 200 different species of pests. The demand for the product in this end-use vertical is anticipated to grow owing to the stringent laws against the use of chemical fertilizers and pesticides.

The personal care products segment is expected to be the key driver during the forecast period. The rising consumer awareness regarding the benefits of neem extracts and its zero side effects is expected to augment the growth of this market.

The rising demand for neem extracts from pharmaceutical companies, owing to their anti-inflammatory, anti-microbial, and anti-oxidant properties DeForest Buckner 49ers Jersey , is expected to further boost the product demand during the forecast period.

Regional Insights

The Asia Pacific is the largest market for neem extracts owing to the favorable climate for cultivation, particularly in China, India, and Sri Lanka. These countries are also majorly focused on agriculture, making them potential markets for expansion.

North America and Europe are expected to witness sluggish growth ow. Cheap Asics Gel Kayano Shoes Cheap Asics Mens Shoes Cheap Asics Shoes Adidas NMD Grey For Sale Adidas NMD Red For Sale Adidas NMD Pink For Sale Cheap Nike Air Max Womens Cheap Nike Air Max Outlet Cheap Nike Air Max Mens Clearance Cheap Nike Air Max Womens Online
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