10:20 ETNeem Extract Market Size to Reach USD 4.37 Bn by 2031 Amid Growing Demand for Herbal Cosmetics and Natural Ingredients, Says Mordor Intelligence

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2026.05.21 14:20
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The global neem extract market is projected to grow from USD 2.69 billion in 2026 to USD 4.37 billion by 2031, driven by rising demand for herbal cosmetics and sustainable agriculture. Key factors include consumer preference for plant-based ingredients, government support for neem-coated fertilizers, and increasing adoption of neem-based biopesticides in Europe. However, supply constraints due to dieback disease affecting neem trees in India are pushing reliance on imports from East Africa.