Chemical Industry Updates

  Neem based pesticides are plant-derived pest control solutions obtained from the seeds and berries of the neem tree. Neem based pesticides provide effective and eco-friendly control of various pests including insects, fungi and nematodes. Their advantages include being non-toxic to humans and having insect repellent properties. The global Neem based Pesticides Market is estimated to be valued at US$ 2.08 Bn in 2024 and is expected to exhibit a CAGR of 14.% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: The soaring demand for natural pest control solutions is one of the key trends driving the growth of the neem based pesticides market . Consumers are increasingly preferring organic and eco-friendly pest control products to chemical-based ones due to rising health and environmental concerns. Neem based pesticides are completely natural and biodegradable, which is increasing their popularity. This growing

  The Neem-based pesticides market is witnessing significant growth as agriculture industries around the globe shift towards more sustainable and environmentally friendly pest control solutions. Neem, a versatile tree native to the Indian subcontinent, has been recognized for its myriad benefits in traditional medicine, skincare, and agriculture. In recent years, the utilization of neem-based pesticides has gained traction due to their efficacy, minimal environmental impact, and potential for promoting sustainable farming practices. Market Overview: The  neem-based pesticides market  has experienced a surge in demand, driven by the increasing awareness of the harmful effects of synthetic pesticides on the environment, human health, and beneficial insects. Neem-based pesticides, derived from the neem tree's seeds, leaves, and oil, offer a natural alternative that addresses pest issues while minimizing the ecological footprint of agricultural activities. Key Drivers: Environmentally