Europe Neem Extract Market to witness major growth in coming years Due to Favorable Regulatory Envir

The European neem extract market will be observing a consistent growth in the coming years due to favorable regulatory environment, and increasing adoption of herbal goods in the region. On the basis of agricultural applications of neem extract, biopesticides accounted for a larger share in the European market, than fertilizer, due to rising health consciousness among people and increasing federal and municipal programs on forest improvement.

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Spain has been the key seed extract user in Europe, while Italy is the largest importer for bark extract products. Neem based toothpaste market is growing at a swift pace in the U.K., which is leading to increased demand for neem bark extracts in the region. Neem extract imports are growing in Europe due the increasing level of awareness about the safety profile of neem.

The European neem extract market is growing at a fast pace and is expected to continue its momentum due to rising government support in the region. The rising awareness regarding the uses of neem extract has made consumers in Europe more interested to use neem extract products for their daily needs.

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Some of the major players operating in the European neem extract market include Neem BioTech, Certis USA LLC, Terramera Inc., American Vanguard Corporation, and Bayer AG. Due to low switching cost for buyers and high industrial growth, the rivalry amongst the key players is high.

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P&S Market Research is a global market research and consulting company. We provide market research reports, industry reports, business intelligence and research based consulting services across a range of industries.