Latin America Neem Extracts Market Size & Outlook, 2024-2030
The neem extracts market in Latin America is expected to reach a projected revenue of US$ 186.7 million by 2030. A compound annual growth rate of 10.3% is expected of Latin America neem extracts market from 2024 to 2030.
Revenue, 2023 (US$M)
$94.1
Forecast, 2030 (US$M)
$186.7
CAGR, 2024 - 2030
10.3%
Report Coverage
Latin America
Latin America neem extracts market highlights
- The Latin America neem extracts market generated a revenue of USD 94.1 million in 2023.
- The market is expected to grow at a CAGR of 10.3% from 2024 to 2030.
- In terms of segment, personal care was the largest revenue generating application in 2023.
- Personal care is the most lucrative application segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 94.1 million |
| Market revenue in 2030 | USD 186.7 million |
| Growth rate | 10.3% (CAGR from 2023 to 2030) |
| Largest segment | Personal care |
| Fastest growing segment | Personal care |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Personal care |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.0% of the global neem extracts market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Europe is the fastest growing regional market and is projected to reach USD 982.3 million by 2030.
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Neem Extracts Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Trifolio-M | View profile | 1-10 | Waldgirmes, Hessen, Germany, Europe | https://www.trifolio-m.de/ |
| GreeNeem | View profile | 11-50 | Madurai, Tamil Nadu, India, Asia | https://www.greeneem.com |
| PJ Margo | View profile | 51-100 | Bangalore, Karnataka, India, Asia | http://pjmargo.com |
| Ozone Biotech | View profile | 11-50 | Faridabad, Haryana, India, Asia | https://www.ozonebiotech.com |
| Fortune Biotech | View profile | 11-50 | Edison, New Jersey, United States, North America | http://fortunebiotech.com |
| Agro Extracts | View profile | 11-50 | Bangalore, Karnataka, India, Asia | https://www.agroextracts.com |
| Parker | View profile | 1-10 | New York, New York, United States, North America | https://getparker.com |
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