Global Neem Extracts Market Is Expected To Achieve 1 334 Million Value By 2020

Topics: Organic food, Organic farming, Pesticide Pages: 10 (1128 words) Published: May 9, 2015
Global Neem Extracts Market is expected to achieve $1,334
million value by 2020

Published: January 2015
Available Format: PDF
No. of Pages: 66
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Global Neem Extracts Market is expected to
achieve $1,334 million value by 2020
P&S Market Research releases a new research report with market overview, trends, DRO analysis, market segmentation, market size, share, forecast, porter analysis, recent developments, competitive scenario and top competitor profiles in: Global Industry Insight: Neem Extract Market Development and Demand Forecast to 2020

According to the new research publication from P&S Market Research, the key insights from the research report include:
• The neem extract market is export-driven, where large percentage of the needs are catered by a small group of countries
• Neem extract market is expected to witness significant growth in agriculture segment, especially bio-pesticides during the forecast period
• The European market is expected to be the key growth driver for neem extract market during the forecast period
• Brazil and Spain are expected to generate significant demand for neem extract during 2014-2020

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Global Neem Extracts Market is expected to
achieve $1,334 million value by 2020
The global neem extract market is mainly driven by the increasing consumption of biobased fertilizers and pesticides, especially in Europe. The rejuvenation of ayurvedabased therapy owing to campaigns and advertisements by the domestic ayurvedic companies, such as Patanjali (India), has increased the scope of neem extract in personal care domain. The increase in bio-based animal farming during the past few years is also expected to increase demand for neem extract globally. The increasing consumption of bio-based pesticides and fertilizers in the Asian countries is laying opportunities for the neem extract market. The key restraints for the market include less concentration of neem plantations in non-Asian countries and negative opinion of certain people about the safety profile of neem-based health products.

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Global Neem Extracts Market is expected to
achieve $1,334 million value by 2020
The increasing concern of people and regulatory authorities towards harmful effects of chemical-based fertilizers and pesticides on human health has been compelling the farmers to use bio-based farm products. This has led to a significant increase in the demand for bio-based fertilizers and pesticides. Following the effect, the demand of neem extract based fertilizers and pesticides are also escalating. The demand for organic food has also been increasing in the recent past, especially in Europe, wherein people are preferring products with organic label due to which retailers are increasing the percentage of organic products in their shelves. Countries such as Spain, France and Denmark have reduced the agricultural chemical usage by about 30%. Among the Asian countries, China is the leading market for biobased products including neem-extract based fertilizers and pesticides. Australia and India are the other major countries in the region using neem-extract based farm products.

Global Neem Extracts Market is expected to
achieve $1,334 million value by 2020
The government authorities across the globe have been encouraging the reduction in consumption of antibiotics due to their long term health impacts. In 2013, out of 506 new drugs development in U.S., only five were antibiotics. The declining profitability and time loss occurring in the development of new antibiotics has been discouraging them...
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