Boswellia Market By Form and Application – Global Industry Analysis & Forecast to 2025
Boswellia Market By Form (Powder, Liquid) and Application (Food & Beverage, Pharmaceutical, Aromatherapy and Others) – Global Industry Analysis & Forecast to 2025
Industry Outlook and Trend Analysis
The Boswellia Market has encountered significant development over the recent years and is anticipated to grow tremendously over the forecast period. Boswellia is an Indian home grown item accessible liberally in the nation, primarily around the forests of Central and Western India. This particular organic plant is recognized as Indian Olibanum. Different sorts of Boswellia trees incorporate Boswellia carteri and Boswellia Sacra, which develop in locales of the Middle East such as North Africa and Oman. Astoundingly, Boswellia gives off an impression of being non-lethal and has a past filled with use in the pharmaceutical business. The extract of Boswellia, otherwise called Shalaki extract, is obtained from the Boswellia tree and made into a fine powder and changed into a fluid.
Drivers and Restraints
Owing to its anti-inflammatory components and a few different properties of Boswellia is expanding the use of its items in the market, because of which it is seeing high development sought after in the cosmetics business. Boswellia likewise has anti-cancer components, which will help the interest for its cosmetic items since individuals like to take medications that don't require utilization of meds. Beauty care products produced using Boswellia concentrate can observe significant demand because of their highlights and wide utilization in beautifiers, herbal treatment, and spa.
Asia Pacific is the leading region of the Boswellia Market as the product is majorly found in the region, primarily in India boosting the exposure and awareness towards the benefits of the product.
Rest of Europe
Rest of Asia-Pacific
Rest of South America
Middle East and Africa
Rest of MEA
The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
Jayshree Nath Herbals
S.A. HERBAL BIOACTIVES LLP
Venkatesh Naturals Extract Pvt Ltd
Arjuna Natural Extracts Ltd.
AMBE NS AGRO PRODUCTS PVT. LTD.
Alpspure Lifesciences Private Limited
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2025?
What will be the industry market growth from 2015 to 2025?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?