The global market for neem products has witnessed massive traction in the recent years, thanks to the rising awareness regarding their benefits over products with synthetic substances, especially in areas such as pharmaceuticals, skincare, oral care, and fertilizers. The rising set of applications of neem is also boding well for the global market for neem products.
This report presents a thorough account of the past and present growth dynamics of the global neem products market. An informed way to understand the growth prospects of the market in the next few years is also presented in the report.
The report does so with the help of detailed quantitative as well as qualitative insights regarding all critical aspects of the market, historical data, and verifiable predictions about the potential size of the market in the next few years. The projections in the report have been derived with the help of industry-best research methods, assumptions, and inputs from industry experts.
The vast rise in demand for anti-ageing products formulated with the help of organic components and changing lifestyles have chiefly contributed to the overall development of the global neem products market in the recent years.
The market has also significantly benefitted from the increase in numbers of retail stores selling organic products and the establishment of a strong retail network in promising regional markets.
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Increased global awareness regarding the vast benefits of neem-based pesticides over chemical pesticides in terms of reduced toxicity, no residue on plants or soils, and a better scope of managing all varieties of pests are also working in favor of the global neem products market.
Increased demand for natural pesticides owing to the rising uproar regarding ill-effects of chemical pesticides on the soil and human health and encouragement from environment-protection agencies could also benefit the market in the next few years.