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Global Boswellia Serrata Extract Market Research Report 2025
Synopsis
Boswellia serrata is Indian frankincense or Salai. It is found in Rajasthan and Madhya Pradesh in India.
The global Boswellia Serrata Extract market was valued at US$ 118.7 million in 2023 and is anticipated to reach US$ 151.6 million by 2030, witnessing a CAGR of 3.5% during the forecast period 2024-2030.
Plant extracts are substances or active substances with desired properties extracted from plant tissue and processed for a specific purpose. It is used in various fields, such as health foods, therapeutic drugs, cosmetics, processing aids, additives chemical substitutes. The market’s growth is driven by lifestyle changes, consumer awareness, increasing use of products based on natural ingredients, and biotechnology breakthroughs. Additionally, macroeconomic variables such as rising consumer disposable income, research and development, imports and exports, growth in the agriculture industry, population aging, and population growth have positively impacted the demand for plant extracts in recent years. It is also becoming increasingly popular in cosmetics, perfumes, pharmaceuticals, and dietary supplements. The plant extracts market was valued at USD 31.84 billion in 2022 and is expected to grow at a CAGR of 11.3% during the forecast period.
This report aims to provide a comprehensive presentation of the global market for Boswellia Serrata Extract, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Boswellia Serrata Extract.
Report Scope
The Boswellia Serrata Extract market size, estimations, and forecasts are provided in terms of output/shipments (MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Boswellia Serrata Extract market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Boswellia Serrata Extract manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Bio Component Research
Siris Impex
Herbasian Industries Pakistan
Xi’an Lyphar Biotech
Himalayan Herbaria
Sandhus
Bioprex Labs
Segment by Type
0.65
0.9
Others
Segment by Application
Food Industry
Pharmaceuticals Industry
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Boswellia Serrata Extract manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Boswellia Serrata Extract by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Boswellia Serrata Extract in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Boswellia serrata is Indian frankincense or Salai. It is found in Rajasthan and Madhya Pradesh in India.
The global Boswellia Serrata Extract market was valued at US$ 118.7 million in 2023 and is anticipated to reach US$ 151.6 million by 2030, witnessing a CAGR of 3.5% during the forecast period 2024-2030.
Plant extracts are substances or active substances with desired properties extracted from plant tissue and processed for a specific purpose. It is used in various fields, such as health foods, therapeutic drugs, cosmetics, processing aids, additives chemical substitutes. The market’s growth is driven by lifestyle changes, consumer awareness, increasing use of products based on natural ingredients, and biotechnology breakthroughs. Additionally, macroeconomic variables such as rising consumer disposable income, research and development, imports and exports, growth in the agriculture industry, population aging, and population growth have positively impacted the demand for plant extracts in recent years. It is also becoming increasingly popular in cosmetics, perfumes, pharmaceuticals, and dietary supplements. The plant extracts market was valued at USD 31.84 billion in 2022 and is expected to grow at a CAGR of 11.3% during the forecast period.
This report aims to provide a comprehensive presentation of the global market for Boswellia Serrata Extract, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Boswellia Serrata Extract.
Report Scope
The Boswellia Serrata Extract market size, estimations, and forecasts are provided in terms of output/shipments (MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Boswellia Serrata Extract market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Boswellia Serrata Extract manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Bio Component Research
Siris Impex
Herbasian Industries Pakistan
Xi’an Lyphar Biotech
Himalayan Herbaria
Sandhus
Bioprex Labs
Segment by Type
0.65
0.9
Others
Segment by Application
Food Industry
Pharmaceuticals Industry
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Boswellia Serrata Extract manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Boswellia Serrata Extract by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Boswellia Serrata Extract in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Boswellia Serrata Extract Market Overview
1.1 Product Definition
1.2 Boswellia Serrata Extract Segment by Type
1.2.1 Global Boswellia Serrata Extract Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 0.65
1.2.3 0.9
1.2.4 Others
1.3 Boswellia Serrata Extract Segment by Application
1.3.1 Global Boswellia Serrata Extract Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Food Industry
1.3.3 Pharmaceuticals Industry
1.3.4 Others
1.4 Global Market Growth Prospects
1.4.1 Global Boswellia Serrata Extract Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Boswellia Serrata Extract Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Boswellia Serrata Extract Production Estimates and Forecasts (2019-2030)
1.4.4 Global Boswellia Serrata Extract Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Boswellia Serrata Extract Production Market Share by Manufacturers (2019-2024)
2.2 Global Boswellia Serrata Extract Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Boswellia Serrata Extract, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Boswellia Serrata Extract Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Boswellia Serrata Extract Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Boswellia Serrata Extract, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Boswellia Serrata Extract, Product Offered and Application
2.8 Global Key Manufacturers of Boswellia Serrata Extract, Date of Enter into This Industry
2.9 Boswellia Serrata Extract Market Competitive Situation and Trends
2.9.1 Boswellia Serrata Extract Market Concentration Rate
2.9.2 Global 5 and 10 Largest Boswellia Serrata Extract Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Boswellia Serrata Extract Production by Region
3.1 Global Boswellia Serrata Extract Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Boswellia Serrata Extract Production Value by Region (2019-2030)
3.2.1 Global Boswellia Serrata Extract Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Boswellia Serrata Extract by Region (2025-2030)
3.3 Global Boswellia Serrata Extract Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Boswellia Serrata Extract Production by Region (2019-2030)
3.4.1 Global Boswellia Serrata Extract Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Boswellia Serrata Extract by Region (2025-2030)
3.5 Global Boswellia Serrata Extract Market Price Analysis by Region (2019-2024)
3.6 Global Boswellia Serrata Extract Production and Value, Year-over-Year Growth
3.6.1 North America Boswellia Serrata Extract Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Boswellia Serrata Extract Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Boswellia Serrata Extract Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Boswellia Serrata Extract Production Value Estimates and Forecasts (2019-2030)
4 Boswellia Serrata Extract Consumption by Region
4.1 Global Boswellia Serrata Extract Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Boswellia Serrata Extract Consumption by Region (2019-2030)
4.2.1 Global Boswellia Serrata Extract Consumption by Region (2019-2024)
4.2.2 Global Boswellia Serrata Extract Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Boswellia Serrata Extract Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Boswellia Serrata Extract Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Boswellia Serrata Extract Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Boswellia Serrata Extract Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Boswellia Serrata Extract Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Boswellia Serrata Extract Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Boswellia Serrata Extract Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Boswellia Serrata Extract Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Boswellia Serrata Extract Production by Type (2019-2030)
5.1.1 Global Boswellia Serrata Extract Production by Type (2019-2024)
5.1.2 Global Boswellia Serrata Extract Production by Type (2025-2030)
5.1.3 Global Boswellia Serrata Extract Production Market Share by Type (2019-2030)
5.2 Global Boswellia Serrata Extract Production Value by Type (2019-2030)
5.2.1 Global Boswellia Serrata Extract Production Value by Type (2019-2024)
5.2.2 Global Boswellia Serrata Extract Production Value by Type (2025-2030)
5.2.3 Global Boswellia Serrata Extract Production Value Market Share by Type (2019-2030)
5.3 Global Boswellia Serrata Extract Price by Type (2019-2030)
6 Segment by Application
6.1 Global Boswellia Serrata Extract Production by Application (2019-2030)
6.1.1 Global Boswellia Serrata Extract Production by Application (2019-2024)
6.1.2 Global Boswellia Serrata Extract Production by Application (2025-2030)
6.1.3 Global Boswellia Serrata Extract Production Market Share by Application (2019-2030)
6.2 Global Boswellia Serrata Extract Production Value by Application (2019-2030)
6.2.1 Global Boswellia Serrata Extract Production Value by Application (2019-2024)
6.2.2 Global Boswellia Serrata Extract Production Value by Application (2025-2030)
6.2.3 Global Boswellia Serrata Extract Production Value Market Share by Application (2019-2030)
6.3 Global Boswellia Serrata Extract Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Bio Component Research
7.1.1 Bio Component Research Boswellia Serrata Extract Corporation Information
7.1.2 Bio Component Research Boswellia Serrata Extract Product Portfolio
7.1.3 Bio Component Research Boswellia Serrata Extract Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Bio Component Research Main Business and Markets Served
7.1.5 Bio Component Research Recent Developments/Updates
7.2 Siris Impex
7.2.1 Siris Impex Boswellia Serrata Extract Corporation Information
7.2.2 Siris Impex Boswellia Serrata Extract Product Portfolio
7.2.3 Siris Impex Boswellia Serrata Extract Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Siris Impex Main Business and Markets Served
7.2.5 Siris Impex Recent Developments/Updates
7.3 Herbasian Industries Pakistan
7.3.1 Herbasian Industries Pakistan Boswellia Serrata Extract Corporation Information
7.3.2 Herbasian Industries Pakistan Boswellia Serrata Extract Product Portfolio
7.3.3 Herbasian Industries Pakistan Boswellia Serrata Extract Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Herbasian Industries Pakistan Main Business and Markets Served
7.3.5 Herbasian Industries Pakistan Recent Developments/Updates
7.4 Xi’an Lyphar Biotech
7.4.1 Xi’an Lyphar Biotech Boswellia Serrata Extract Corporation Information
7.4.2 Xi’an Lyphar Biotech Boswellia Serrata Extract Product Portfolio
7.4.3 Xi’an Lyphar Biotech Boswellia Serrata Extract Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Xi’an Lyphar Biotech Main Business and Markets Served
7.4.5 Xi’an Lyphar Biotech Recent Developments/Updates
7.5 Himalayan Herbaria
7.5.1 Himalayan Herbaria Boswellia Serrata Extract Corporation Information
7.5.2 Himalayan Herbaria Boswellia Serrata Extract Product Portfolio
7.5.3 Himalayan Herbaria Boswellia Serrata Extract Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Himalayan Herbaria Main Business and Markets Served
7.5.5 Himalayan Herbaria Recent Developments/Updates
7.6 Sandhus
7.6.1 Sandhus Boswellia Serrata Extract Corporation Information
7.6.2 Sandhus Boswellia Serrata Extract Product Portfolio
7.6.3 Sandhus Boswellia Serrata Extract Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Sandhus Main Business and Markets Served
7.6.5 Sandhus Recent Developments/Updates
7.7 Bioprex Labs
7.7.1 Bioprex Labs Boswellia Serrata Extract Corporation Information
7.7.2 Bioprex Labs Boswellia Serrata Extract Product Portfolio
7.7.3 Bioprex Labs Boswellia Serrata Extract Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Bioprex Labs Main Business and Markets Served
7.7.5 Bioprex Labs Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Boswellia Serrata Extract Industry Chain Analysis
8.2 Boswellia Serrata Extract Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Boswellia Serrata Extract Production Mode & Process
8.4 Boswellia Serrata Extract Sales and Marketing
8.4.1 Boswellia Serrata Extract Sales Channels
8.4.2 Boswellia Serrata Extract Distributors
8.5 Boswellia Serrata Extract Customers
9 Boswellia Serrata Extract Market Dynamics
9.1 Boswellia Serrata Extract Industry Trends
9.2 Boswellia Serrata Extract Market Drivers
9.3 Boswellia Serrata Extract Market Challenges
9.4 Boswellia Serrata Extract Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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