According to a new report published by Reports Monitor titled, “Azadirachtin Market By Type, Property & Applications: Global Opportunity Analysis and Industry Forecast, 2017–2025,” the Azadirachtin Market was valued at XX million in 2016, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025. Asia Pacific dominates the Azadirachtin Market, both in terms of volume and value, and is expected to maintain this trend throughout the forecast period.
Azadirachtin is a chemical compound associated to the limonoid group, and is present in the neem seeds. It is an insecticide of complex structure which is extracted from the seeds of neem. In many pesticides such as TreeAzin, AzaMax, BioNeem, AzaGaurd, and others, azadirachtin is one of the active ingredients. The commercially beneficial way to produce azadirachtin is extraction from seeds. Therefore, their availability is very limited as the tree flowers only once in the year and due to various operational problems only one-third of fruits are collected.
The market has offered many advantages over chemical pesticides because of eco-friendly and non-toxic actions towards organisms. The growing awareness towards environment friendly and non-toxic pesticides the market is gaining more and more importance. Increasing demand by the industries due to its application as a biodegradable, bio pesticide and also due to its various other significant bioactivities.
On the basis of segmentation the Azadirachtin market is separated into different segments, the market is segmented by type, by application, by end-use, and by region. The type segment is classified into microwave extraction, solvent extraction, and supercritical fluid extraction. The application of the market is bifurcated into deworming, personal care, and others. There different end-users of the market which includes, agriculture, animal husbandry, and others.
Key Question Answered:
- What will be the market size in 2025 and at what rate it will grow?
- Who are the major key players in global Azadirachtin market and what are their strategies?
- Which vertical industry is expected to show major growth?
- What segment and region will lead the market and why?
The major companies profiled in the report include: Agro Extract Limited, American Vanguard Corporation, Bros India Group, Certis USA LLC Bayer AG, E.I.D. Parry (India) Limited, Fortune Biotech Ltd, GreeNeem Agri Private Limited, Grupo Ultraquimia and Bioneem Technology Industria e Comercio Ltd, Neeming Australia Pty Ltd, Ozone Biotech Pvt. Ltd, P.J. Margo Pvt. Ltd, Terramera Inc, The Indian Neem Tree Company, and others.
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