Market Overview:
The global basil essential oil market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for basil essential oil in various applications such as beauty agencies, home care, and other applications. Basil essential oil is also used as a flavor agent in food and beverage products. Additionally, the growing awareness about the benefits of using basil essential oil is expected to drive its demand during the forecast period.
Product Definition:
Basil oil is a volatile essential oil with a strong, spicy odor. It is used in aromatherapy and as a flavoring agent.
Grade A:
Grade A is the highest quality essential oil available in the market. It has a very high usage rate and growth factor than other grades. Grade A essential oils are steam distilled, cold extracted, and have no chemical additives or carrier oils mixed with them. They retain their natural properties due to no interference of any chemical during their production process.
Grade B:
Grade B is a colorless and highly refined essential oil that contains very small amount of THC. It has high potential for medical use due to its analgesic, anti-inflammatory, antifungal, and antibacterial properties. Due to low content of THC in grade B oil it can be sold legally in many countries like Canada & European countries without a doctor’s prescription.
Application Insights:
The beauty agencies application segment accounted for the largest share of over 40.0% in 2017. The product is widely used in cosmetic products as an ingredient to enhance the skin condition, owing to its anti-inflammatory, antiseptic and antioxidant properties. Moreover, it is also used for treating various skin problems including acne & blackheads due to its antibacterial and anti-inflammatory properties. These factors are anticipated to propel the demand from beauty agencies over the forecast period.
The home care application segment was valued at USD 575 million in 2017.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for approximately 60% of the total population, 50% of global GDP, 80% of international trade and 75% of all foreign investments in developing economies worldwide. It has been observed that consumer spending patterns are shifting towards high-end luxury goods as well as essential oils due to increasing disposable income coupled with rising living standards. This trend is projected to positively influence regional growth over the coming years.
The Middle East & Africa accounted for a significant share owing to rapid urbanization along with growing per capita income levels among consumers in countries such as UAE, Saudi Arabia and Egypt since 2010s on account of economic diversification programs by governments there aimed at reducing their dependence on oil revenues by encouraging domestic consumption through various incentives such as subsidies or tax cuts etcetera).
Growth Factors:
- Increasing demand for natural and organic products
- Rising awareness about the benefits of basil oil
- Growing popularity of aromatherapy and essential oils
- Rapid urbanization and growing disposable income in developing countries
- Proliferation of online retailing
Scope Of The Report
Report Attributes
Report Details
Report Title
Basil Essential Oil Market Research Report
By Type
Grade A, Grade B, Grade C, Grade D
By Application
Beauty Agencies, Home Care, Other
By Companies
Young Living, DoTERRA, Edens Garden, Radha Beauty, Majestic Pure, Now Foods, ArtNaturals, Healing Solutions, Rocky Mountain, Plant Therapy
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Basil Essential Oil Market Report Segments:
The global Basil Essential Oil market is segmented on the basis of:
Types
Grade A, Grade B, Grade C, Grade D
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Beauty Agencies, Home Care, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Young Living
- DoTERRA
- Edens Garden
- Radha Beauty
- Majestic Pure
- Now Foods
- ArtNaturals
- Healing Solutions
- Rocky Mountain
- Plant Therapy
Highlights of The Basil Essential Oil Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Grade A
- Grade B
- Grade C
- Grade D
- By Application:
- Beauty Agencies
- Home Care
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Basil Essential Oil Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Basil essential oil is derived from the leaves and flowering tops of the basil plant. Basil oil has a warm, woodsy scent that is often used in aromatherapy to promote relaxation.
Some of the major players in the basil essential oil market are Young Living, DoTERRA, Edens Garden, Radha Beauty, Majestic Pure, Now Foods, ArtNaturals, Healing Solutions, Rocky Mountain, Plant Therapy.
The basil essential oil market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Basil Essential Oil Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Basil Essential Oil Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Basil Essential Oil Market - Supply Chain
4.5. Global Basil Essential Oil Market Forecast
4.5.1. Basil Essential Oil Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Basil Essential Oil Market Size (000 Units) and Y-o-Y Growth
4.5.3. Basil Essential Oil Market Absolute $ Opportunity
5. Global Basil Essential Oil Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Basil Essential Oil Market Size and Volume Forecast by Type
5.3.1. Grade A
5.3.2. Grade B
5.3.3. Grade C
5.3.4. Grade D
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Basil Essential Oil Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Basil Essential Oil Market Size and Volume Forecast by Application
6.3.1. Beauty Agencies
6.3.2. Home Care
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Basil Essential Oil Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Basil Essential Oil Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Basil Essential Oil Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Basil Essential Oil Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Basil Essential Oil Demand Share Forecast, 2019-2029
9. North America Basil Essential Oil Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Basil Essential Oil Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Basil Essential Oil Market Size and Volume Forecast by Application
9.4.1. Beauty Agencies
9.4.2. Home Care
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Basil Essential Oil Market Size and Volume Forecast by Type
9.7.1. Grade A
9.7.2. Grade B
9.7.3. Grade C
9.7.4. Grade D
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Basil Essential Oil Demand Share Forecast, 2019-2029
10. Latin America Basil Essential Oil Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Basil Essential Oil Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Basil Essential Oil Market Size and Volume Forecast by Application
10.4.1. Beauty Agencies
10.4.2. Home Care
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Basil Essential Oil Market Size and Volume Forecast by Type
10.7.1. Grade A
10.7.2. Grade B
10.7.3. Grade C
10.7.4. Grade D
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Basil Essential Oil Demand Share Forecast, 2019-2029
11. Europe Basil Essential Oil Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Basil Essential Oil Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Basil Essential Oil Market Size and Volume Forecast by Application
11.4.1. Beauty Agencies
11.4.2. Home Care
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Basil Essential Oil Market Size and Volume Forecast by Type
11.7.1. Grade A
11.7.2. Grade B
11.7.3. Grade C
11.7.4. Grade D
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Basil Essential Oil Demand Share, 2019-2029
12. Asia Pacific Basil Essential Oil Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Basil Essential Oil Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Basil Essential Oil Market Size and Volume Forecast by Application
12.4.1. Beauty Agencies
12.4.2. Home Care
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Basil Essential Oil Market Size and Volume Forecast by Type
12.7.1. Grade A
12.7.2. Grade B
12.7.3. Grade C
12.7.4. Grade D
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Basil Essential Oil Demand Share, 2019-2029
13. Middle East & Africa Basil Essential Oil Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Basil Essential Oil Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Basil Essential Oil Market Size and Volume Forecast by Application
13.4.1. Beauty Agencies
13.4.2. Home Care
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Basil Essential Oil Market Size and Volume Forecast by Type
13.7.1. Grade A
13.7.2. Grade B
13.7.3. Grade C
13.7.4. Grade D
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Basil Essential Oil Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Basil Essential Oil Market: Market Share Analysis
14.2. Basil Essential Oil Distributors and Customers
14.3. Basil Essential Oil Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Young Living
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. DoTERRA
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Edens Garden
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Radha Beauty
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Majestic Pure
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Now Foods
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. ArtNaturals
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Healing Solutions
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Rocky Mountain
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Plant Therapy
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
