How to Start Neem Extracts Business? Opportunities for Entrepreneurs to Start Industry of Neem-Based Products.
Today, neem has become that natural product that has a lot to offer in solving global agricultural, environmental, and public health problems. The neem tree and hundreds of its active compounds are used to manufacture various products. The natural properties of neem do not consist of any toxic reaction so these are helpful in plant protection and management. All parts of neem such as seed, flowers, bark, and leaf can be used in producing a high-quality product. These products are used ad neem insecticide, neem pesticide, neem pest fumigant, neem fertilizer, neem manure, neem compost, neem urea coating agent, and neem soil conditioner which are mentioned below-
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- Neem Used As Fertilizer
The material that is left after the oil is squeezed out from the neem seeds is also known as seed cake; it works as a bio fertilizer and helps in providing the required nutrients to plants. It is majorly used to ensure a high yield of crops. Neem is used as a fertilizer for both food crops and cash crops, particularly rice and sugarcane crops.
- Neem used as Manure
Neem manure is gaining popularity widely due to its environment and also because the compounds found in it helps in increasing the nitrogen and phosphorus content in the soil. It is rich in Sulphur, potassium, calcium, nitrogen, etc. The neem cake is used in manufacturing high quality organic or natural manure that does not have any aftermaths on plants, soil, and other living organisms. It can also be obtained with high technology extraction methods such as cold pressing or other solvent extraction. It can also be used directly by mixing in the soil or can also be blended with urea and other organic manures like farmyard manure and seaweed for best results
- Neem as urea coating agent
The parts of neem and neem itself are used to manufacture urea coating agents to improve and maintain the fertility of the soil. The usage of a neem urea coating agent helps to retard the activity and growth of bacteria that is responsible for denitrifying. It also prevents the loss of urea in the soil. It is also used in controlling a large number of pests like caterpillars, beetles, leafhoppers, borer, mites, etc. The coating of neem rea are excellent soil conditioners, natural or bio pesticides, environmentally friendly, non-toxic, and gives high soil fertility.
- Neem as a fumigant
Neem has been used to kill household, storage pests, and crop pests. The neem pest fumigant is available in a gaseous state and is also used as a pesticide and disinfectant. The 100% natural product is exported as it is non-toxic and doesn’t affect the environment. This natural fumigant is not only used to kill pests but also affects them negatively by acting as feeding and oviposition deterrence.
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Global Demand of Neem Extracts
Globally the market of neem extracts was 503.5 USD million in the year 2017 and is anticipated to reach a CAGR of 14.8% from 2018 to 2025. The industry is anticipated to see growth on account of increasing demand from different end-use industries that included personal care, pharmaceutical, animal feed, and agriculture. Moreover, high consumer awareness regarding the health benefits of neem, majorly in developed regions, is expected to increase the market growth in the forecasted period.
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Conclusion
NPCS has written a book named “Hand Book on Neem & Allied Products” that talks about various important topics such as uses of neem are an indigenous system of medicine, cold processing of neem seed, products from neem, evaluation of nematicidal potential in neem, etc. The book is a one-stop destination for all who are related to the field of neem manufacturers and the new entrepreneurs.
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