Market Overview:
The global basil extracts market is expected to register a CAGR of 5.8% during the forecast period, 2018-2030. The market growth can be attributed to the increasing demand for natural ingredients in various applications such as healthcare and personal care. Basil extracts are used in various products such as dietary supplements, functional foods & beverages, skin care products, and hair care products. The powder segment is projected to register the highest CAGR during the forecast period owing to its properties such as anti-inflammatory and antioxidant effects. In terms of application, the healthcare segment is projected to account for the largest share of the global basil extracts market in 2018. This can be attributed to factors such as an increase in awareness about health benefits associated with basil extracts and an increase in disposable income levels across regions.
Product Definition:
A distillate or infusion of basil (Ocimum basilicum), used as a flavoring.
Powder:
Powder is a dry, free-flowing solid and is made up of organic materials. It can be produced from almost all natural substances such as rice bran, corn meal, wheat flour, talc powder (for making baby food), limestone (for making concrete), etc.
Liquid:
Liquid is a water-based solution of essential oils and natural fragrances. It is usually produced by steam distillation or expression process, both of which are time consuming processes. The most commonly used method to produce liquid is the fractional distillation process, also known as the double boiler method.
Application Insights:
Healthcare was the largest application segment in 2017 and is expected to maintain its dominance over the forecast period. The product has a wide range of applications in healthcare including pain management, anxiety, arthritis, cough suppression, gastrointestinal comfort and protection against colds & flu. Basil oil contains eugenol which exhibits anti-inflammatory properties which makes it suitable for treating various inflammatory diseases. It also possesses antifungal and antibacterial properties making it an ideal ingredient for use in skin care products as well as pharmaceutical formulations. These factors are anticipated to drive demand from healthcare applications over the forecast period.
Personal care is projected to be one of the fastest growing segments during the study period owing to increasing awareness about personal grooming among consumers around the world especially in developed regions such as North America.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to increasing consumer spending on personal care products, coupled with rising healthcare expenditure in developing economies of this region. Moreover, growing awareness regarding natural ingredients used for manufacturing cosmetics is anticipated to fuel industry growth over the next eight years.
Europe accounted for a significant share of revenue in 2017 owing to high demand from Germany and Italy wherein basil essential oil forms a major ingredient used across various industries including food & beverage, pharmaceuticals, perfumery among others. Growing demand for cosmetic products due to increased disposable income is also expected drive regional market growth during the forecast period.
North America emerged as one of the prominent consumers of basil extracts owing to presence of large number of manufacturers operating within this region along with high adoption rate by end-use industries such as cosmetics and food & beverages among others which has led it dominate overall industry trends observed during recent years (2016 - 2018).
Growth Factors:
- Increasing demand for natural and organic products: The global basil extracts market is expected to grow at a CAGR of 6.5% during the forecast period owing to the increasing demand for natural and organic products.
- Rising awareness about the health benefits of basil extracts: Basil extracts are known for their various health benefits such as reducing stress levels, improving cognitive function, aiding weight loss, etc. This is expected to drive the growth of the global basil extracts market during the forecast period.
- Growing popularity of Mediterranean cuisine: The popularity of Mediterranean cuisine is growing rapidly across the world due to its healthy and nutritious nature. Basil extract is a key ingredient in many dishes from this region, which is expected to fuel the growth ofthe global basil extracts market duringthe forecastperiod .
Scope Of The Report
Report Attributes
Report Details
Report Title
Basil Extracts Market Research Report
By Type
Powder, Liquid
By Application
Healthcare, Personal Care
By Companies
Penta Manufacturing Company, Martin Bauer Group, Kefiplant, Cepham Inc, Amoretti, Todd Botanical Therapeutics, FLAVEX Naturextrakte GmbH, DaXingAnLing Lingonberry Organic Foodstuffs, Penta Manufacturing Company
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
196
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global Basil Extracts Market Report Segments:
The global Basil Extracts market is segmented on the basis of:
Types
Powder, Liquid
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
Healthcare, Personal Care
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:
- Penta Manufacturing Company
- Martin Bauer Group
- Kefiplant
- Cepham Inc
- Amoretti
- Todd Botanical Therapeutics
- FLAVEX Naturextrakte GmbH
- DaXingAnLing Lingonberry Organic Foodstuffs
- Penta Manufacturing Company
Highlights of The Basil Extracts 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:
- Powder
- Liquid
- By Application:
- Healthcare
- Personal Care
- 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 Extracts 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
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- Consumer Insights
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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 extract is a concentrated form of basil oil that has been extracted from the plant. Basil extract can be used as an additive in food products to give them a flavor and aroma similar to that of basil.
Some of the key players operating in the basil extracts market are Penta Manufacturing Company, Martin Bauer Group, Kefiplant, Cepham Inc, Amoretti, Todd Botanical Therapeutics, FLAVEX Naturextrakte GmbH, DaXingAnLing Lingonberry Organic Foodstuffs, Penta Manufacturing Company.
The basil extracts market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Basil Extracts Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Basil Extracts Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Basil Extracts Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Basil Extracts Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Basil Extracts Market Size & Forecast, 2020-2028
4.5.1 Basil Extracts Market Size and Y-o-Y Growth
4.5.2 Basil Extracts Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Powder
5.2.2 Liquid
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Healthcare
6.2.2 Personal Care
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Basil Extracts Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Basil Extracts Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Powder
9.6.2 Liquid
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Healthcare
9.10.2 Personal Care
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Powder
10.6.2 Liquid
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Healthcare
10.10.2 Personal Care
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Powder
11.6.2 Liquid
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Healthcare
11.10.2 Personal Care
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Powder
12.6.2 Liquid
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Healthcare
12.10.2 Personal Care
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Powder
13.6.2 Liquid
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Healthcare
13.10.2 Personal Care
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Basil Extracts Market: Competitive Dashboard
14.2 Global Basil Extracts Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Penta Manufacturing Company
14.3.2 Martin Bauer Group
14.3.3 Kefiplant
14.3.4 Cepham Inc
14.3.5 Amoretti
14.3.6 Todd Botanical Therapeutics
14.3.7 FLAVEX Naturextrakte GmbH
14.3.8 DaXingAnLing Lingonberry Organic Foodstuffs
14.3.9 Penta Manufacturing Company
