India Neem Extract Market Business Outlook - P&S Intelligence


Posted September 9, 2020 by Rahul_Gautam

The demand of neem extract for applications in personal care is higher than nutraceuticals.
 
The Indian neem extract market will be observing a constant growth in the coming years, due to large neem production and rising attraction towards healthier and herbal goods in the country. Three broad application segments of the Indian neem extract market are animal products, health and personal care, and agriculture - where agriculture holds the largest market size.

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India is a major neem extract market, where several ayurvedic companies including Dabur, Patanjali, Baidyanath and Zandu are the key users of neem extract. The consumption of fertilizer based neem extract products is the highest of the total consumption of neem extract in the agriculture sector of the market.

In India, neem extract also find application as pesticide, where 300 parts per million (PPM) and 1,500 PPM are the preferred concentrations. The demand of neem extract for applications in personal care is higher than nutraceuticals.

The major players operating in the Indian neem extract market include Patanjali, E.I.D. Parry (India) Limited, P.J. Margo Pvt. Ltd., Agro Extract Limited, Ozone Biotech Pvt. Ltd., GreeNeem Agri Private Limited, Fortune Biotech Ltd., The Indian Neem Tree Company, and Bros India Group.

The neem extract market is fragmented with very small-sized players who do not have a fixed channel for international sales, except online marketplace. The rejuvenation of ayurveda-based 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. Some of the key importers from India are the U.S., Vietnam, North Korea, Spain, and Italy.
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Last Updated September 9, 2020