The global neem oil and concentrates market is experiencing significant growth, driven by the increasing demand for organic and natural products in various industries. Neem oil, derived from the seeds of the neem tree, is known for its medicinal and insecticidal properties, making it a popular choice in agriculture, healthcare, and personal care products. The growing awareness about the harmful effects of chemical-based products has led to a shift towards natural alternatives, boosting the demand for neem oil. In addition, the rising prevalence of diseases and pests in crops has increased the adoption of neem-based pesticides and fertilizers, further driving market growth. With increasing investments in research and development to enhance product quality and expand application areas, the global neem oil and concentrates market is poised for continued growth.
The Global Neem Oil and Concentrates Market size is projected to reach 3,758,612.66 thousand by 2030, with a CAGR of 13.4% during the forecast period of 2023 to 2030.
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Below are the Top Five Neem Oil and Concentrates Companies with a Significant Market Share:
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Rank
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Company
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Overview
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Product Portfolio
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Sales Geographical Coverage
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Developments
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1.
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Spectrum Brands, Inc.
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Spectrum Brands, Inc. is a leading company in the global neem oil and concentrates market, known for its diverse portfolio of consumer products. The company's commitment to sustainability and natural solutions aligns with the growing demand for neem-based products in various industries. Spectrum Brands' expertise in manufacturing and distribution enables it to offer high-quality neem oil and concentrates to meet the needs of the agricultural, healthcare, and personal care sectors. The company's strong market presence and innovative approach make it a key player in driving the growth of the global neem oil and concentrates market.
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North America, Middle East and Africa, Europe, South America, Asia- Pacific
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Spectrum Brands Inc.'s Garden Safe Neem Oil Extracts Concentrate is a high-quality product designed specifically for dedicated gardeners. This concentrate is a powerful solution that effectively manages aphids, garden flies, and other pests, ensuring plants stay healthy and vibrant. Additionally, it aids in preventing black spots, rust, and powdery mildew, preserving the beauty of the garden. Suitable for roses, flowers, indoor plants, and more, this concentrate provides a complete solution for pest and disease control. Garden Safe Neem Oil Extracts Concentrate promotes superior plant care and helps gardens thrive.
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2.
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Murugappa Group
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The Murugappa Group, presence is notable through its subsidiary, EID Parry, which is involved in the production of neem-based products. EID Parry is known for its focus on sustainable agriculture and environmentally friendly practices, aligning well with the increasing demand for natural and organic products. The Murugappa Group's commitment to innovation and quality in its products positions it as a key player in the global neem oil and concentrates market, contributing to the growth and development of the industry.
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North America, Middle East and Africa, Europe, South America, Asia- Pacific
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Murugappa Group's Coromandel brand, offers a selection of bio products, such as Neemazal F and Neemazal T/S. These products are formulated with azadirachtin, with concentrations ranging from 10,000 to 50,000 ppm. These bio products are designed to combat both sucking and chewing bugs, ensuring effective control over insects at every stage of development, from eggs and larvae to pupae and adults.
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3.
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SBM Company
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SBM Company, headquartered in France, is a prominent player in the global neem oil and concentrates market. With a focus on agricultural solutions, SBM Company offers a range of products for crop protection and plant nutrition, including neem-based products. The company's commitment to sustainability and environmental responsibility is reflected in its use of natural ingredients, such as neem oil, in its products. SBM Company's strong presence in the agricultural sector, combined with its dedication to innovation and quality, positions it as a key contributor to the growth of the global neem oil and concentrates market.
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North America, Europe
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In March 2022, Taking advantage of the JdC Garden Trends, SBM Company Life Science France formalized an exclusive agreement with the French start-up AXIOMA. With the help of this partnership, SBM expanded its selection of natural remedies and provide distributors and their clients with a brand-new plant booster based on natural plant extracts that promoted the development of plants in vegetable gardens.
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4.
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ConnOils LLC
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ConnOils LLC, based in the United States, is a specialized provider of neem oil and concentrates for various industries, including agriculture, personal care, and healthcare. The company is known for its high-quality neem-based products, which are derived from sustainable and environmentally friendly practices. ConnOils LLC has a strong focus on research and development, continually innovating to improve the effectiveness and versatility of its neem oil products. With a commitment to customer satisfaction and sustainable practices, ConnOils LLC has established itself as a reliable and reputable supplier in the global neem oil and concentrates market.
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North America, Middle East and Africa, Europe, South America, Asia- Pacific
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Connoils is a renowned global supplier specializing in the manufacturing, distribution, and wholesale supply of bulk neem oil orders. Their commitment is to produce neem oils and oil powders that meet the exacting standards of various industries. Serving a diverse clientele ranging from startups to large multinational corporations, caters to various product forms such as gels, capsules, pills, dried beverages, tablets, drinks, and more. With their Peterson Plant Products (PPP) subsidiary, they either cultivate or source conventional, organic, and biodynamic products with complete traceability and quality documentation.
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5.
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Manorama Industries Limited
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Manorama Industries Limited, based in India, is a leading manufacturer and exporter of neem-based products, including neem oil and concentrates. The company has a strong presence in the global neem oil market, catering to diverse industries such as agriculture, pharmaceuticals, and personal care. Manorama Industries is known for its commitment to quality and sustainability, sourcing neem seeds from organic farms and utilizing eco-friendly extraction methods. The company's extensive research and development efforts have led to the development of innovative neem-based products, meeting the evolving needs of its customers worldwide.
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North America, Middle East and Africa, Europe, South America, Asia- Pacific
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In 2020, Birkoni, Chhattisgarh, Manorama Industries Limited opened a brand-new facility. To meet the enormous increase in demand for customized custom-made fats and CBE. This aids businesses in developing and manufacturing new items and fortifying their local and global supply networks.
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Conclusion
The global neem oil and concentrates market is experiencing significant growth, driven by several key factors. Increasing awareness about the benefits of natural and organic products, along with a shift towards sustainable agricultural practices, is fueling the demand for neem-based products. Furthermore, favorable changes in regulations related to the use of neem oil in the sports industry and the growing acceptance of modest fashion are creating new opportunities for market expansion. Companies such as Spectrum Brands, Murugappa Group, SBM Company, ConnOils LLC, and Manorama Industries Limited are at the forefront of driving innovation and meeting the rising demand for neem oil and concentrates globally. With their commitment to quality, sustainability, and innovation, these companies are well-positioned to capitalize on the growing market trends and drive the continued growth of the global neem oil and concentrates market.
