Boswellia Market Size, Share, Opportunities And Trends By Types (Boswellia Cartetii, Boswellia Serrata, Boswellia Papyrifera, Boswellia Sacra), By Application (Herbal Medicinal Products, Personal Care Products, Food Supplements, Aromatherapy, Others) And By Geography - Forecasts From 2019 To 2024

  • Published : Mar 2020
  • Report Code : KSI061614665
  • Pages : 120

Boswellia market is projected to grow at a CAGR of XX.XX% to reach US$XX.XX billion in 2024 from US$XX.XX billion in 2018. Boswellia, also known as Indian frankincense, is an herbal extract taken from the Boswellia serrata tree. It is a genus of trees in the order Sapindales, known for their fragrant resin. Different species are used in the production of resins, essential oils, and extracts. Boswellia is used in various herbal medicines for joint health, inflammatory bowel disease, asthma, and digestive disorders and also in cosmetics. The rising awareness regarding the benefits of organic and naturally extracted ingredients is expected to drive the market for Boswellia. Further, the growing geriatric population coupled with rising preference for natural products in health supplements is anticipated to fuel the market in the near future. In addition, the growing adoption of Boswellia for pharmaceutical purposes is estimated to boost the market during the forecast period. However, the high cost associated with the extraction of Boswellia is expected to hamper the market growth.

DRIVERS

Increasing adoption in the pharmaceutical industry.

An increasing number of health-conscious consumers.

RESTRAINTS

High cost related to Boswellia extraction.

Allergic reactions or side effects caused by Boswellia.

Major industry players profiled as part of the report are Nutra Green Biotechnology Co Ltd, Sabinsa Corporation, Alchem International Private Limited, Marven Bio Chem, PLT Health Solutions Inc, Arjuna Natural Extracts Ltd, Alpspure Lifesciences Private Limited, S.A Herbal Bioactives LLP, and Gurjar Phytochem Pvt Ltd.

Segmentation

The Boswellia market has been analyzed through the following segments:

By Types

Boswellia cartetii

Boswellia serrata

Boswellia papyrifera

Boswellia sacra

 

By Application

Herbal medicinal products

Personal care products

Food supplements

Aromatherapy

Others

 

By Geography

North America

USA

Canada

Mexico

Others

 

South America

Brazil

Argentina

Others

 

Europe

Germany

France

United Kingdom

Spain

Others

 

Middle East and Africa

Saudi Arabia

Israel

Others

 

Asia Pacific

China

Japan

South Korea

India

Others


1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Currency

1.5. Assumptions

1.6. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY

2.1. Research Design

2.2. Secondary Sources

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

4.1. Market Segmentation

4.2. Market Drivers

4.3. Market Restraints

4.4. Market Opportunities

4.5. Porter’s Five Force Analysis

4.5.1. Bargaining Power of Suppliers

4.5.2. Bargaining Power of Buyers

4.5.3. Threat of New Entrants

4.5.4. Threat of Substitutes

4.5.5. Competitive Rivalry in the Industry

4.6. Life Cycle Analysis - Regional Snapshot

4.7. Market Attractiveness

5. BOSWELLIA MARKET BY TYPE

5.1. Boswellia cartetii

5.2. Boswellia serrata

5.3. Boswellia papyrifera

5.4. Boswellia sacra

6. BOSWELLIA MARKET BY APPLICATION

6.1. Herbal medicinal products

6.2. Food supplements

6.3. Personal care products

6.4. Aromatherapy

6.5. Others

7. BOSWELLIA MARKET BY GEOGRAPHY

7.1. North America

7.1.1. USA

7.1.2. Canada

7.1.3. Mexico

7.1.4. Others

7.2. South America

7.2.1. Brazil

7.2.2. Argentina

7.2.3. Others

7.3. Europe

7.3.1. Germany

7.3.2. France

7.3.3. United Kingdom

7.3.4. Spain

7.3.5. Others

7.4. Middle East and Africa

7.4.1. Saudi Arabia

7.4.2. Israel

7.4.3. Others

7.5. Asia Pacific

7.5.1. China

7.5.2. Japan

7.5.3. South Korea

7.5.4. India

7.5.5. Others

8. COMPETITIVE INTELLIGENCE

8.1. Company Benchmarking and Analysis

8.2. Recent Investment and Deals

8.3. Strategies of Key Players

9. COMPANY PROFILES

9.1. Nutra Green Biotechnology co. Ltd.

9.2. Sabinsa corporation

9.3. Alchem International

9.4. Marven Bio Chem

9.5. PLT Health Solutions Inc.

9.6. Arjuna Natural Extracts Ltd

9.7. Alpspure Lifesciences Private Ltd.

9.8. S.A Herbal Bioactives LLP

9.9. Gurjar Phytochem Pvt Ltd.

LIST OF FIGURES

LIST OF TABLES

DISCLAIMER


Nutra Green Biotechnology Co Ltd

Sabinsa Corporation

Alchem International Private Limited

Marven Bio Chem

PLT Health Solutions Inc

Arjuna Natural Extracts Ltd

Alpspure Lifesciences Private Limited

S.A Herbal Bioactives LLP

Gurjar Phytochem Pvt Ltd