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Basil Extracts Market Size - By Form (Liquid, Powder, Oil), Application (Food and Beverages, Cosmetics and Personal Care, Pharmaceuticals, Others), Distribution channel (Retail Stores, Online Retail, Others) & Global Forecast, 2023 - 2032

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  • Naturex(now part of Givaudan)
  • Arjuna Natural Pvt. Ltd.
  • Nutra Green Biotechnology Co., Ltd.
  • Indena S.p.A.
  • Amoretti
  • Synthite Industries Ltd.
  • Mountain Rose Herbs
  • Nature's Answer
  • NutraMarks, Inc.
  • The Green Labs LLC
  • Kalsec Inc.
  • Shaanxi Jiahe Phytochem Co., Ltd.
  • Kefiplant
  • OliveNation
  • Bio-Botanica Inc.
LSH 23.11.23

Basil extracts market size is slated to expand at 3.5% CAGR from 2023 to 2032, driven by the increasing awareness of health benefits, including anti-inflammatory and antioxidant properties. The growing consumer interest in natural and organic ingredients is amplifying the demand for basil extracts in food, pharmaceuticals, and cosmetics sector.

Basil extracts record versatile application scope in culinary uses and therapeutic formulations. The rising trend of herbal and plant-based products is further expected to create numerous opportunities for the industry growth. Moreover, the global inclination towards healthier lifestyles and the higher recognition of basil as functional ingredient will foster the market expansion.

The basil extracts market is segregated based on form, application, distribution channel, and region.

Based on form, the industry share from the powder segment is anticipated to increase at rapid pace by 2032. This is owing to the extended shelf life, ease of storage, and versatile applications offered by basil powder in various industries. The rising consumer demand for convenient and concentrated basil flavors will also amplify the demand for powdered basil extracts.

The pharmaceutical application segment is estimated to accumulate commendable share of the basil extracts industry during the forecast period. Basil extracts find increased usage in pharmaceutical formulations for their anti-inflammatory, antimicrobial, and antioxidant characteristics.

Based on distribution channel, the market value from online segment will expand at significant rate during 2023-2032. The growth can be attributed to advantages, such as easy access, wide product range, and the convenience of doorstep delivery. Moreover, the thriving e-commerce sector along with increasing preference for hassle-free shopping will drive the segment growth.

Regionally, the Asia Pacific basil extracts industry is projected to exhibit substantial CAGR from 2023 to 2032, owing to the presence of rich culinary heritage and the increasing adoption of herbal ingredients in traditional medicine. The growing health consciousness coupled with the rising versatile applications of basil extracts will contribute to the regional market expansion.

Table of Contents

Chapter 1 Methodology & Scope

  • 1.1 Industry coverage
  • 1.2 Market scope & definition
  • 1.3 Base estimates & calculations
    • 1.3.1 Data collection
  • 1.4 Forecast parameters
  • 1.5 COVID-19 impact analysis at global level
  • 1.6 Data validation
  • 1.7 Data Sources
    • 1.7.1 Primary
    • 1.7.2 Secondary
      • 1.7.2.1 Paid sources
      • 1.7.2.2 Unpaid sources

Chapter 2 Executive Summary

  • 2.1 Basil extracts industry 360 degree synopsis, 2018 - 2032
  • 2.2 Business trends
  • 2.3 Form trends
  • 2.4 Application trends
  • 2.5 Distribution channel
  • 2.6 Regional trends

Chapter 3 Basil extracts Industry Insights

  • 3.1 Industry ecosystem analysis
  • 3.2 Industry impact forces
    • 3.2.1 Growth drivers
    • 3.2.2 Industry pitfalls & challenges
  • 3.3 Growth potential analysis
    • 3.3.1 By form
    • 3.3.2 By application
    • 3.3.3 By distribution channel
  • 3.4 COVID- 19 impact analysis
  • 3.5 Regulatory landscape
    • 3.5.1 U.S.
    • 3.5.2 Europe
  • 3.6 Pricing analysis, 2022
  • 3.7 Reimbursement scenario
  • 3.8 Technology landscape
  • 3.9 Future market trends
  • 3.10 GAP analysis
  • 3.11 Porter's analysis
  • 3.12 PESTEL analysis
  • 3.13 Impact of Russia Ukraine war

Chapter 4 Competitive Landscape, 2022

  • 4.1 Introduction
  • 4.2 Company matrix analysis, 2022
  • 4.3 Global company market share analysis, 2022
  • 4.4 Competitive positioning matrix
  • 4.5 Strategy dashboard

Chapter 5 Basil extracts Market Size and Forecast, By Form 2018 - 2032

  • 5.1 Liquid
  • 5.2 Powder
  • 5.3 Oil

Chapter 6 Basil extracts Market Size and Forecast, By Application 2018 - 2032

  • 6.1 Food and Beverages
  • 6.2 Cosmetics and Personal Care
  • 6.3 Pharmaceuticals
  • 6.4 Others

Chapter 7 Basil extracts Market Size and Forecast, By Distribution Channel 2018 - 2032

  • 7.1 Retail Stores
  • 7.2 Online Retail
  • 7.3 Others

Chapter 8 Basil extracts Market Size and Forecast, By Region 2018 - 2032

  • 8.1 Key trends, by region
  • 8.2 North America
    • 8.2.1 U.S.
    • 8.2.2 Canada
  • 8.3 Europe
    • 8.3.1 Germany
    • 8.3.2 UK
    • 8.3.3 France
    • 8.3.4 Spain
    • 8.3.5 Italy
  • 8.4 Asia Pacific
    • 8.4.1 Japan
    • 8.4.2 China
    • 8.4.3 India
    • 8.4.4 Australia
    • 8.4.5 South Korea
    • 8.4.6 Indonesia
    • 8.4.7 Malaysia
  • 8.5 Latin America
    • 8.5.1 Brazil
    • 8.5.2 Mexico
    • 8.5.3 Argentina
  • 8.6 MEA
    • 8.6.1 South Africa
    • 8.6.2 Saudi Arabia
    • 8.6.3 UAE
    • 8.6.4 Egypt

Chapter 9 Company Profiles

  • 9.1 Naturex (now part of Givaudan)
  • 9.2 Arjuna Natural Pvt. Ltd.
  • 9.3 Nutra Green Biotechnology Co., Ltd.
  • 9.4 Indena S.p.A.
  • 9.5 Amoretti
  • 9.6 Synthite Industries Ltd.
  • 9.7 Mountain Rose Herbs
  • 9.8 Nature's Answer
  • 9.9 NutraMarks, Inc.
  • 9.10 The Green Labs LLC
  • 9.11 Kalsec Inc.
  • 9.12 Shaanxi Jiahe Phytochem Co., Ltd.
  • 9.13 Kefiplant
  • 9.14 OliveNation
  • 9.15 Bio-Botanica Inc.
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