Market World Neem Extracts Market Opportunities | Page 3

However, the growing focus on the cultivation of fruits and vegetables through organic means is anticipated to
boost the demand in Europe and North America during the forecast period. In addition, the increasing demand
for natural cosmetics from European and North American countries is expected to boost the demand for the
product in this region.
Competitive Insights
The increasing penetration of small players in the market has fragmented the market considerably, in recent
years. The availability of raw material and low cost of labor has attracted manufacturers to view Asia-Pacific,
particularly India and China, as the manufacturing hub of the product. The key participants of this industry are
Trifolio-M GmbH, Agro Extracts Limited, Ozone Biotech, Nikita Agro Industries, PJ Margo, Fortune Biotech,
Parker Biotech and Trifolio-M GmbH, and E.I.D. Parry.
Most players in this industry have adopted strategies such as new product developments and R&D to identify
pharmaceutical benefits to cure diseases such as cancer, and capacity expansion in order to acquire a
competitive edge over their competitors in terms of production outputs.
Market Segments
Application Outlook (Revenue, USD Million, 2013 - 2020)
• Pharmaceuticals
• Personal care
• Bio fertilizers
• Animal feed
• Others
Regional Outlook (Revenue, USD Million, 2013 - 2020)
• North America
• Europe
• Latin America
• Asia Pacific
• MEA
See More Reports of this Category by Million Insights @
https://www.millioninsights.com/industry/agriculture