Neem Extracts are extracted from neem seed, leaves, and bark and are utilized in a wide range of agricultural, cosmetic, and pharmaceutical goods. Because of its therapeutic characteristics, neem is an excellent ingredient in a variety of organic products. Neem (Azadirachta indica) is a medicinal tree that is utilized in the production of many pharmaceutical medications. Neem extracts are used to control blood pressure, purify the blood, lower cholesterol, and manage insulin levels in the body. Neem extracts are also widely employed in the personal care business, where they are used to make natural face wash, soaps, and beauty creams.Neem Extracts are derived primarily from neem seed, neem leaves, and neem bark. Neem extracts are used in a variety of products in the agriculture, cosmetics, and medicinal industries. Neem is also known as the most efficient pest repellant for pets, which increases the production of neem oil
Chemical pesticides sprayed on fruits and vegetables can cause food poisoning since the chemicals used to make pesticides are carcinogenic in nature and deadly if swallowed owing to poor washing practices. A small amount of neem extract is fed to animals to assist them fight germs and pathogens during digestion. Neem Extracts is also utilized in the production of bio-based fertilizers and insecticides. The need for bio-based fertilizers is growing as a result of the numerous negative impacts of chemical fertilizers on soil, crops, and the environment.
11 February 2020 - The global Neem Extracts Market to reach around USD 1.32 billion by 2020.
Request a Sample Copy of This Report @ https://www.millioninsights.com/industry-reports/neem-extracts-market The stringent regulations, particularly in the UK, 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 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.
The rising demand for neem extracts from pharmaceutical companies, owing to their anti-inflammatory, anti-microbial, and anti-oxidant properties, 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.
