About Neem Oil
Neem oil is defined as the vegetable oil, which is derived from neem trees. In addition, it is obtained when the fruits as well as seeds of the neem tree are pressed, extracting the oils. It varies in color, and also it has a strong odor. It is also used as a pesticide, particularly in organic farming. It is widely used in beauty products such as hair products, body lotions, skin creams and cosmetics. Moreover, it can also be applied to plants as a foliar spray
Attributes | Details |
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Study Period | 201-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The market is fragmented with numerous players focusing on technique and quality of the product due to which the global neem oil market can witness an upsurge in the forecast period Analyst at AMA Research estimates that India Vendors will contribute the maximum growth to Global Neem Oil market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
NOW Foods (United States), SUN BIONATURALS PRIVATE LTD (India), Banyan Botanicals (United States), United Industries Corporation (United States), Murugappa Group (India), Neeming Pvt. Ltd. (Australia), Ozone Biotech (India), Neem India Pvt. Ltd. (India), East India Distilleries Parry Limited (India) and P.J. Margo Pvt. Ltd. (India) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Agro Extract Limited (India), GreeNeem Agri Private Limited (India), Fortune Biotech Ltd. (India), Certis USA LLC (United States), Terramera Inc. (Canada) and Grupo Ultraquimia (Mexico).
Segmentation Overview
AMA Research has segmented the market of Global Neem Oil market by Type (Seed Extract Oil, Leaf Extract Oil and Bark Extract Oil), Application (Cosmetic {Purpose Cream, Hair Oils, Tooth Paste, Bathing Soaps, Hair Shampoo, Face Pack, Dog Shampoo}, Human Medicine {Piles, Ulcers, Asthma, Skin Disorders, Chronic Diarrhea, Others}, Pets Use, Agriculture Use and Others) and Region.
On the basis of geography, the market of Neem Oil has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. General Departmental Store will boost the Neem Oil market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technology Advancement in Neem Oil Products
Market Growth Drivers:
Increasing usage of Ayurveda and Unani medicines and Rising Disposable Income along With Changing Life Style
Challenges:
Lack of awareness regarding the benefit of neem oil
Restraints:
Rising Concern amongst Researchers Regarding Infiltration of Adulterated Neem Oil in the Market
Opportunities:
Rising demand from emerging economics Such as India, China and others.
Key Target Audience
Manufacturers of Neem Oil, Suppliers of Neem Oil, Wholesalers, Distributors and Retailers of Neem Oil, Research and Development (R&D) Companies, Research Organization, Federal Agencies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.