Neem-based Fertilizers Market by Formulation (Dry, Liquid), by Application (Cereals, Oilseeds, Pulses, Fruits, Vegetables, Others), by North America (U.S., Canada, Mexico), by Europe (UK, Germany, France, Italy, Spain, Russia, Netherlands, Switzerland, Poland, Sweden, Belgium), by Asia Pacific (China, India, Japan, South Korea, Australia, Singapore, Malaysia, Indonesia, Thailand, Philippines, New Zealand), by Latin America (Brazil, Mexico, Argentina, Chile, Colombia, Peru), by MEA (UAE, Saudi Arabia, South Africa, Egypt, Turkey, Israel, Nigeria, Kenya) Forecast 2024-2032
The size of the Neem-based Fertilizers Market was valued at USD 1.89 USD Billion in 2023 and is projected to reach USD 4.12 USD Billion by 2032, with an expected CAGR of 11.78% during the forecast period. Neem-based fertilizers are eco-friendly soil enhancers derived from the neem tree's seeds and leaves. They are rich in essential nutrients and bioactive compounds that improve soil health and boost plant growth. Types of neem-based fertilizers include neem cake, neem seed powder, and neem-based compost. Neem cake is a byproduct of neem oil extraction and serves as an excellent organic fertilizer and pest repellent. Neem seed powder acts as a nutrient-rich supplement, while neem-based compost combines neem with decomposed organic matter for enhanced soil fertility. Features of neem-based fertilizers include their slow-release nutrient properties, pest-deterrent effects, and ability to improve soil structure. They are used in various agricultural practices to promote sustainable farming and reduce the need for chemical inputs.
Neem-based Fertilizers Trends
Formulation:
Application:
Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 11.78% from 2018-2032 |
Segmentation |
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Aspects | Details |
---|---|
Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 11.78% from 2018-2032 |
Segmentation |
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Note* : In applicable scenarios
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