Basil Oleoresin is a natural extract obtained from the leaves of the basil plant. It is used as a flavoring agent in food and beverages, as well as in pharmaceuticals and cosmetics. The global basil oleoresin market was valued at USD 1.2 billion in 2018 and is projected to reach USD 1.6 billion by 2030, growing at a CAGR of 3.5% during the forecast period from 2021 to 2030. On the basis of type: Sweet Basil Oleoresin accounted for over 50% share of total revenue generated by this market in 2018 owing to its wide usage across various applications such as medicinal products, cooking oils & sauces, confectionery & bakery products etc; Bitter Basil Oleoresin accounted for over 40% share due to its high demand for use in medicinal products such as cough syrups; Other types accounted for less than 10% share due to their limited usage across various applications such as cooking oils & sauces etc; On the basis of application: Medicinal segment dominated this market with over 60% revenue share owing to its wide usage across various applications such as cough syrups; Cooking segment accounted for over 30% revenue share due to its high demand among consumers who prefer using it while preparing food items like pasta sauce or pizza sauce; Other segments contributed less than 10%. On the basis of region: North America led this market with more than 50% revenue share followed by Europe which contributed more than 30%; Asia Pacific was expected to grow at highest CAGR during forecast period owing mainly due increasing population base coupled with rising disposable income levels; Latin America was expected grow at second highest CAGR during forecast period owing mainly due increasing population base coupled with rising disposable income levels.
- The demand for basil oleoresin is increasing due to the growing popularity of herbal medicine.
- The demand for basil oleoresin is increasing due to the growing number of people who are allergic to traditional medicines and are looking for alternative treatments.
- The demand for basil oleoresin is increasing due to the increased use of natural ingredients in food products, cosmetics, and pharmaceuticals.
- The demand for basil oleoresin is increasing due to the increased use of natural ingredients in food products, cosmetics, and pharmaceuticals that are not genetically modified or irradiated which makes them more expensive than their counterparts that contain artificial ingredients or preservatives such as artificial colors or flavors which makes them less desirable by consumers who want a healthier lifestyle.
- The demand for basil oleoresin is increasing because it has been shown that it can be used as an insect repellent.
Industry Growth Insights published a new data on “Basil Oleoresin Market”. The research report is titled “Basil Oleoresin Market research by Types (Sweet Basil Oleoresin, Bitter Basil Oleoresin), By Applications (Medicinal, Cooking), By Players/Companies India Essential Oils, Ranklex Intermediates, India Aroma Oils and Company, Kancor, Venkatramna Industries, Lionel Hitchen, Acumen, NaturMed Scientific, Sri Venkatesh Aromas, JANVI HERBS, Kalsec, Naturex, Nature Pure Supercritical Extracts, Aramacs, Akay, Acumen”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Basil Oleoresin Market Research Report
By Type
Sweet Basil Oleoresin, Bitter Basil Oleoresin
By Application
Medicinal, Cooking
By Companies
India Essential Oils, Ranklex Intermediates, India Aroma Oils and Company, Kancor, Venkatramna Industries, Lionel Hitchen, Acumen, NaturMed Scientific, Sri Venkatesh Aromas, JANVI HERBS, Kalsec, Naturex, Nature Pure Supercritical Extracts, Aramacs, Akay, Acumen
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 Oleoresin Market Report Segments:
The global Basil Oleoresin market is segmented on the basis of:
Types
Sweet Basil Oleoresin, Bitter Basil Oleoresin
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
Medicinal, Cooking
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:
- India Essential Oils
- Ranklex Intermediates
- India Aroma Oils and Company
- Kancor
- Venkatramna Industries
- Lionel Hitchen
- Acumen
- NaturMed Scientific
- Sri Venkatesh Aromas
- JANVI HERBS
- Kalsec
- Naturex
- Nature Pure Supercritical Extracts
- Aramacs
- Akay
- Acumen
Highlights of The Basil Oleoresin 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:
- Sweet Basil Oleoresin
- Bitter Basil Oleoresin
- By Application:
- Medicinal
- Cooking
- 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 Oleoresin 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.
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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 Oleoresin is a natural extract of basil that has been used as a flavoring and fragrance in foods and beverages for centuries.
Some of the major companies in the basil oleoresin market are India Essential Oils, Ranklex Intermediates, India Aroma Oils and Company, Kancor, Venkatramna Industries, Lionel Hitchen, Acumen, NaturMed Scientific, Sri Venkatesh Aromas, JANVI HERBS, Kalsec, Naturex, Nature Pure Supercritical Extracts, Aramacs, Akay, Acumen.
The basil oleoresin market is expected to grow at a compound annual growth rate of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Basil Oleoresin 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 Oleoresin Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Basil Oleoresin Market - Supply Chain
4.5. Global Basil Oleoresin Market Forecast
4.5.1. Basil Oleoresin Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Basil Oleoresin Market Size (000 Units) and Y-o-Y Growth
4.5.3. Basil Oleoresin Market Absolute $ Opportunity
5. Global Basil Oleoresin 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 Oleoresin Market Size and Volume Forecast by Type
5.3.1. Sweet Basil Oleoresin
5.3.2. Bitter Basil Oleoresin
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Basil Oleoresin 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 Oleoresin Market Size and Volume Forecast by Application
6.3.1. Medicinal
6.3.2. Cooking
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Basil Oleoresin 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 Oleoresin 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 Oleoresin 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 Oleoresin 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 Oleoresin Demand Share Forecast, 2019-2026
9. North America Basil Oleoresin 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 Oleoresin 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 Oleoresin Market Size and Volume Forecast by Application
9.4.1. Medicinal
9.4.2. Cooking
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Basil Oleoresin Market Size and Volume Forecast by Type
9.7.1. Sweet Basil Oleoresin
9.7.2. Bitter Basil Oleoresin
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 Oleoresin Demand Share Forecast, 2019-2026
10. Latin America Basil Oleoresin 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 Oleoresin 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 Oleoresin Market Size and Volume Forecast by Application
10.4.1. Medicinal
10.4.2. Cooking
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Basil Oleoresin Market Size and Volume Forecast by Type
10.7.1. Sweet Basil Oleoresin
10.7.2. Bitter Basil Oleoresin
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 Oleoresin Demand Share Forecast, 2019-2026
11. Europe Basil Oleoresin 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 Oleoresin 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 Oleoresin Market Size and Volume Forecast by Application
11.4.1. Medicinal
11.4.2. Cooking
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Basil Oleoresin Market Size and Volume Forecast by Type
11.7.1. Sweet Basil Oleoresin
11.7.2. Bitter Basil Oleoresin
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
11.1.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Basil Oleoresin Demand Share, 2019-2026
12. Asia Pacific Basil Oleoresin 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 Oleoresin 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 Oleoresin Market Size and Volume Forecast by Application
12.4.1. Medicinal
12.4.2. Cooking
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Basil Oleoresin Market Size and Volume Forecast by Type
12.7.1. Sweet Basil Oleoresin
12.7.2. Bitter Basil Oleoresin
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 Oleoresin Demand Share, 2019-2026
13. Middle East & Africa Basil Oleoresin 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 Oleoresin 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 Oleoresin Market Size and Volume Forecast by Application
13.4.1. Medicinal
13.4.2. Cooking
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Basil Oleoresin Market Size and Volume Forecast by Type
13.7.1. Sweet Basil Oleoresin
13.7.2. Bitter Basil Oleoresin
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 Oleoresin Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Basil Oleoresin Market: Market Share Analysis
14.2. Basil Oleoresin Distributors and Customers
14.3. Basil Oleoresin Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. India Essential Oils
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Ranklex Intermediates
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. India Aroma Oils and Company
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Kancor
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Venkatramna Industries
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Lionel Hitchen
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Acumen
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. NaturMed Scientific
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Sri Venkatesh Aromas
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. JANVI HERBS
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Kalsec
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Naturex
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Nature Pure Supercritical Extracts
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Aramacs
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Akay
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Acumen
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