Neem based Pesticides Market Growth Accelerated by Soaring Demand for Natural Pest Control Solutions
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 grow...