India neem extracts market is
anticipated to grow with an impressive CAGR in the forecast period,
FY2023-FY2027. The market is expected to grow with the projected cumulative
annular growth rate on the account of rising demand for the organic and herbal
products. Neem extracts are derived from the neem seeds, leaves, and barks.
They are further utilized in various cosmetics, pharmaceuticals, and
agricultural products. The added advantages of neem extracts and its quality of
medicinal properties makes it an integral ingredient for various organic
products is a clear driving factor for the market growth in upcoming five
years. Moreover, surging demands for the neem extract pharmaceutical and neem
extract beauty products like face packs, face wash, scrubs, acne and blemishes
fighting facial masks, body wash, soaps, etc. Even in the cleaning appliances
the neem extracts are incorporated to ensure complete cleaning, and freshness
like floor cleaning detergents, dishwashing soaps, laundry detergents etc. and
these factors are supporting the India neem extracts market in the next five
years.
Furthermore, India is the
land of Ayurveda and neem is considered as the base of medicinal sections of
the centuries old manuscripts. The use of neem extracts is also popularized,
and this factor is expected to support the growth of India neem extracts market
in the next five years of forecast.
The India neem extracts
market segmentation is based on type, application, competitional landscape, and
regional distribution. Based on type, the market is further bifurcated into leaf
extract, fruit & seed extract, and bark extract. Leaf extracts are expected
to dominate the market with most revenue shares of the market in the next five years on
the account of health benefits of the elements specifically found in the neem
leaves. Moreover, the neem leaves are best source of the all the beneficial
elements over fruit, seed, and bark extracts. Additionally, extracting the neem
extracts from the leaves is easier and efficient over barks, fruits and seeds
and these advantages are actively driving the growth of the market segment,
directly substantiating the growth of the India neem extracts market in the
upcoming five years. Fruit & seed extracts are often utilized for the
eatables, pharmaceuticals, and organic drink products. The surge in the demand
of such organic products is aiding the growth of the fruit & seed extract
segment and driving the growth of the market in the future five years until
FY2027.
Some of the top players in
the India neem extracts market is Dabur India Ltd., Patanjali Ayurved Limited, Baidyanath
Group, Emami Limited, GreeNeem Agri Private Limited, The Indian Neem Tree
Company, P.J. Margo Pvt. Ltd., Ozone Biotech Pvt. Ltd., Bros India Group, E.I.D
Parry India Ltd, among others. The companies are involving themselves into
research and development for more advanced medical devices. Neem Extracts are
diagnostic imaging products and are in demand owing to the need of the
healthcare industry. The utilization of the extracts for the various products
that are used in the personal care and beauty sector is aiding the market
expansion. New players entering the market may form partnerships with other
players or the end users of the industry for a consistent inflow of the
product. Research and technological advancement for the extracts use in various
other products would support the new players in the market establishment.
Years considered
for this report:
Historical Years: FY2017 – FY2020
Base Year: FY2021
Estimated Year: FY2022
Forecast Period: FY2023 – FY2027
Objective of the Study:
- To analyze the historical
growth of the market size of India Neem extracts market from FY2017 to FY2020.
- To estimate and forecast the market size of India neem
extracts market from FY2021 to FY2027 and growth rate until FY2027.
- To classify and forecast India neem extracts market based on type, application, regional distribution, top 3 states analysis,
and competitional landscape.
- To identify dominant region or segment in the
India neem extracts market.
- To identify drivers and challenges for India neem
extracts market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in
India neem extracts market.
- To identify and analyze
the profile of leading players operating in India neem extracts market.
- To identify key sustainable strategies adopted
by market players in India neem extracts market.
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TechSci Research performed both primary
as well as exhaustive secondary research for this study. Initially, TechSci
Research sourced a list of manufacturers, suppliers, and across the country.
Subsequently, TechSci Research conducted primary research surveys with the
identified companies. While interviewing, the respondents were also enquired
about their competitors. Through this technique, TechSci Research could include
the manufactures which could not be identified due to the limitations of
secondary research. TechSci Research analyzed the manufactures, distribution
channels and presence of all major players across the country.
TechSci Research calculated the market
size of India Neem
Extracts market
using a bottom-up approach, wherein data for various end-user segments was
recorded and forecast for the future years. TechSci Research sourced these
values from the industry experts and company representatives and externally
validated through analyzing historical data of these product types and
applications for getting an appropriate, overall market size. Various secondary
sources such as company websites, news articles, press releases, company annual
reports, investor presentations and financial reports were also studied by
TechSci Research.
Key
Target Audience:
- Neem extracts manufacturers, end users, and other
stakeholders
- Distributers and suppliers of Neem Extracts and other
stakeholders
- Organizations, forums and alliances related to neem
extracts
- Market research and consulting firms
The study is useful in providing answers
to several critical questions that are important for the industry stakeholders
such as manufacturers, suppliers, end users, etc., besides allowing them in
strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, India Neem Extracts market has been segmented into
following categories, in addition to the industry trends which have also been
detailed below:
- India Neem Extracts Market, By Type:
- Leaf Extract
- Fruit & Seed Extract
- Bark Extract
- India Neem Extracts Market, By Application:
o Pharmaceuticals
o Nutraceuticals
o Personal Care
o Agriculture & Farming
o Food & Beverages
o Others
- India Neem Extracts Market, By Region:
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in India neem extracts market.
Available Customizations:
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The
following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to
five).
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