Global Cold Pressed Neem Oil Market is valued at approximately USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2023-2030. Neem extract is commonly utilized in the production of nutritional supplements. Neem oil concentrations help regulate blood sugar, blood pressure, weight, disease prevention, and workout recovery. It comes in capsules, liquids, and powder form. Consumption of dietary supplements has increased in recent years, and the industry is likely to rise at an exponential rate in the near future. Globally, consumer health consciousness is increasing, which is impacting sales of dietary supplements as healthier alternatives to conventional medication.
The global neem oil concentrates market is set to experience significant growth over the forecast period, with several factors expected to contribute to this trend. These include the expansion of retail markets, rising demand for organic products, and an increasing working population. Additionally, the use of neem as a natural ingredient in the personal care industry is gaining popularity due to growing concerns about the hazards of chemical-based products. Moreover, the market is likely to be propelled by the increasing use of biofertilizers, which are becoming increasingly popular in agricultural practices. The European cosmetics and personal care market holds a prominent position in the global industry, boasting a substantial retail sales value of USD 80 billion in 2021. Alongside the United States, it stands as one of the largest markets for cosmetic products worldwide. Among the European nations, several key players emerge as the largest national markets for cosmetics and personal care products. Germany leads the pack with a market value of USD 13.6 billion, followed closely by France at USD 12.0 billion. Italy secures its position with a market value of USD 10.6 billion, while the United Kingdom follows suit at USD 9.9 billion. Spain and Poland also make their mark with market values of USD 6.9 billion and USD 4.0 billion, respectively. These countries collectively contribute significantly to the overall growth and success of the European cosmetics and personal care market.
The key regions considered for the Global Cold Pressed Neem Oil Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Neem oil, including the cold-pressed variety, has gained popularity in the North American cosmetics market. Consumers are increasingly drawn to natural and organic skincare products, and neem oil aligns with these preferences due to its botanical origin and beneficial properties. It is used in various skincare formulations, such as lotions, creams, serums, and soaps. Furthermore, Neem oil is also utilized in the European cosmetics industry, with a growing demand for natural and sustainable beauty products. European consumers are seeking alternatives to synthetic ingredients, and cold-pressed neem oil fits the criteria. It is employed in skincare, haircare, and personal care products, catering to individuals who prioritize organic and eco-friendly choices.
Major market player included in this report are:
Sensient Technologies Corporation (U.S.)
P.T. INDESSO AROMA (Indonesia)
P.T. Haldin Pacific Semesta. (Indonesia)
Vidya Herbs (India)
TOKIWA PHYTOCHEMICAL CO. LTD. (Japan)
Native Extracts Pty Ltd. (Australia)
The Real Seed Company
Recent Developments in the Market:
Ø In April 2023, Terramera, a company specializing in sustainable agricultural solutions, recently introduced a ground-breaking product called SOCORO. This innovative pesticide utilizes cold-pressed neem oil as its key ingredient and offers comprehensive insect, mite, and disease management in a single application.
Global Cold Pressed Neem Oil Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered – Type, Application Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Seed Extract Oil
Leaf Extract Oil
Bark Extract Oil
Personal Care Product
Middle East & Africa
Rest of Middle East & Africa