Frankincense Extracts Market - Size, Share, Trends, and Forecast, 2022 - 2028
Frankincense is a resinous tree, popularly known as loban, Indian olibanum or kundur. The frankincense tree produces resins by tapping them. Tapping produces tears (hardened resins) due to their high aromatic content which is used as an incense. In addition to this, it is also used for fumigating preparation in cultural ceremonies, for religious rituals and as a remedy for treating variety of diseases such as inflammatory chronic diseases. Due to this, it is expected to propel growth of global frankincense extracts market. However, it may cause some allergic reactions such as diarrhea, stomach pain, nausea, and others, which is expected to be a major restraining factor for growth of this market.
Market Dynamics
Asia Pacific is expected to be dominant in the global market over the forecast period. This is attributed to steadily growing cosmetics and personal care industry in the region. Japan is one of the largest markets for personal care products in the world. According to the International Trade Administration (ITA), the cosmetics sector in Japan was valued at US$ 13,208 in 2015 and per capita expenditure on personal care and cosmetic products was US$ 174 in 2014. However, decline in the number of tree owing to insect attacks and fire, results in increasing cost of frankincense extracts. This is negatively affecting the growth of frankincense extracts market.
Key features of the study:
This report provides in-depth analysis of frankincense extracts and provides market size (US$ Mn and Kilotons (KT)) and Compound Annual Growth Rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players
It profiles leading players in the global frankincense extracts market on the basis of the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include De Monchy Aromatics Limited, AOS Products Private Limited, TriVita, Inc., Edens Garden Inc., Prime Natural Beauty, and Phyto Life Sciences P. Ltd. among others.
Insights from this report would allow marketers and the management authorities of companies to make informed decisions regarding their future product launch, technology up-gradation, market expansion, and marketing tactics
The global frankincense extracts market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the frankincense extracts market
Detailed Segmentation:
Global Frankincense Extracts Market, By Product Type:
Cosmetic Grade
Pharmaceutical Grade
Others
Global Frankincense Extracts Market, By Application:
Oral Care
Skin Care
Medicine
Perfumes
Aromatherapy
Others
Global Frankincense Extracts Market, By Geography:
North America
U.S.
By Product Type:
Cosmetic Grade
Pharmaceutical Grade
Others
By Application:
Oral Care
Skin Care
Medicine
Perfumes
Aromatherapy
Others
Canada
By Product Type:
Cosmetic Grade
Pharmaceutical Grade
Others
By Application:
Oral Care
Skin Care
Medicine
Perfumes
Aromatherapy
Others
Europe
U.K.
By Product Type:
Cosmetic Grade
Pharmaceutical Grade
Others
By Application:
Oral Care
Skin Care
Medicine
Perfumes
Aromatherapy
Others
Germany
By Product Type:
Cosmetic Grade
Pharmaceutical Grade
Others
By Application:
Oral Care
Skin Care
Medicine
Perfumes
Aromatherapy
Others
Italy
By Product Type:
Cosmetic Grade
Pharmaceutical Grade
Others
By Application:
Oral Care
Skin Care
Medicine
Perfumes
Aromatherapy
Others
France
By Product Type:
Cosmetic Grade
Pharmaceutical Grade
Others
By Application:
Oral Care
Skin Care
Medicine
Perfumes
Aromatherapy
Others
Russia
By Product Type:
Cosmetic Grade
Pharmaceutical Grade
Others
By Application:
Oral Care
Skin Care
Medicine
Perfumes
Aromatherapy
Others
Spain
By Product Type:
Cosmetic Grade
Pharmaceutical Grade
Others
By Application:
Oral Care
Skin Care
Medicine
Perfumes
Aromatherapy
Others
Rest of Europe
By Product Type:
Cosmetic Grade
Pharmaceutical Grade
Others
By Application:
Oral Care
Skin Care
Medicine
Perfumes
Aromatherapy
Others
Asia Pacific
China
By Product Type:
Cosmetic Grade
Pharmaceutical Grade
Others
By Application:
Oral Care
Skin Care
Medicine
Perfumes
Aromatherapy
Others
India
By Product Type:
Cosmetic Grade
Pharmaceutical Grade
Others
By Application:
Oral Care
Skin Care
Medicine
Perfumes
Aromatherapy
Others
Japan
By Product Type:
Cosmetic Grade
Pharmaceutical Grade
Others
By Application:
Oral Care
Skin Care
Medicine
Perfumes
Aromatherapy
Others
ASEAN
By Product Type:
Cosmetic Grade
Pharmaceutical Grade
Others
By Application:
Oral Care
Skin Care
Medicine
Perfumes
Aromatherapy
Others
Australia
By Product Type:
Cosmetic Grade
Pharmaceutical Grade
Others
By Application:
Oral Care
Skin Care
Medicine
Perfumes
Aromatherapy
Others
South Korea
By Product Type:
Cosmetic Grade
Pharmaceutical Grade
Others
By Application:
Oral Care
Skin Care
Medicine
Perfumes
Aromatherapy
Others
Rest of Asia Pacific
By Product Type:
Cosmetic Grade
Pharmaceutical Grade
Others
By Application:
Oral Care
Skin Care
Medicine
Perfumes
Aromatherapy
Others
Latin America
Brazil
By Product Type:
Cosmetic Grade
Pharmaceutical Grade
Others
By Application:
Oral Care
Skin Care
Medicine
Perfumes
Aromatherapy
Others
Argentina
By Product Type:
Cosmetic Grade
Pharmaceutical Grade
Others
By Application:
Oral Care
Skin Care
Medicine
Perfumes
Aromatherapy
Others
Mexico
By Product Type:
Cosmetic Grade
Pharmaceutical Grade
Others
By Application:
Oral Care
Skin Care
Medicine
Perfumes
Aromatherapy
Others
Rest of Latin America
By Product Type:
Cosmetic Grade
Pharmaceutical Grade
Others
By Application:
Oral Care
Skin Care
Medicine
Perfumes
Aromatherapy
Others
Middle East
GCC
By Product Type:
Cosmetic Grade
Pharmaceutical Grade
Others
By Application:
Oral Care
Skin Care
Medicine
Perfumes
Aromatherapy
Others
Israel
By Product Type:
Cosmetic Grade
Pharmaceutical Grade
Others
By Application:
Oral Care
Skin Care
Medicine
Perfumes
Aromatherapy
Others
Rest of Middle East
By Product Type:
Cosmetic Grade
Pharmaceutical Grade
Others
By Application:
Oral Care
Skin Care
Medicine
Perfumes
Aromatherapy
Others
Africa
North Africa
By Product Type:
Cosmetic Grade
Pharmaceutical Grade
Others
By Application:
Oral Care
Skin Care
Medicine
Perfumes
Aromatherapy
Others
Central Africa
By Product Type:
Cosmetic Grade
Pharmaceutical Grade
Others
By Application:
Oral Care
Skin Care
Medicine
Perfumes
Aromatherapy
Others
Southern Africa
By Product Type:
Cosmetic Grade
Pharmaceutical Grade
Others
By Application:
Oral Care
Skin Care
Medicine
Perfumes
Aromatherapy
Others
Company Profiles
De Monchy Aromatics Limited *
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
AOS Products Private Limited
TriVita, Inc.
Edens Garden Inc.
Prime Natural Beauty
Phyto Life Sciences P. Ltd
“*” marked represents similar segmentation in other categories in the respective section.
- 1. Research Objective and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- 2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By Application
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- 3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Supply Side Drivers
- Demand Side Drivers
- Economic Drivers
- Restraints
- Market Opportunities
- Regulatory Scenario
- Industry Trend
- Epidemiology/Prevalence/Incidence
- Merger and Acquisitions
- New Product Approvals/Launch
- Promotion and Marketing Initiatives
- Cost Tier Down Analysis
- 4. Global Frankincense Extracts Market, By Product Type, 2017 - 2028, (US$ Million & Kilotons)
- Introduction
- Market Share Analysis, 2022 and 2028 (%)
- Y-o-Y Growth Analysis, 2022 - 2028
- Segment Trends
- Cosmetic Grade
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2028, (US$ Million & Kilotons)
- Pharmaceutical Grade
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2028, (US$ Million & Kilotons)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2028, (US$ Million & Kilotons)
- 5. Global Frankincense Extracts Market, By Application, 2017 - 2028, (US$ Million & Kilotons)
- Introduction
- Market Share Analysis, 2022 and 2028 (%)
- Y-o-Y Growth Analysis, 2022 - 2028
- Segment Trends
- Oral Care
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2028, (US$ Million & Kilotons)
- Skin Care
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2028, (US$ Million & Kilotons)
- Medicine
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2028, (US$ Million & Kilotons)
- Perfume
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2028, (US$ Million & Kilotons)
- Aromatherapy
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2028, (US$ Million & Kilotons)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2028, (US$ Million & Kilotons)
- 6. Global Frankincense Extracts Market, By Regions, 2017 - 2028, (US$ Million & Kilotons)
- Introduction
- Market Share Analysis, By Region, 2022 and 2028 (%)
- Y-o-Y Growth Analysis, For Regions, 2022 - 2028
- North America
- Market Share Analysis, By Country, 2022 and 2028 (%)
- Y-o-Y Growth Analysis, By Country, 2022 - 2028
- U.S.
- Country Trends
- Market Size and Forecast, By Product Type, 2017 - 2028, (US$ Million & Kilotons)
- Market Size and Forecast, By Application, 2017 - 2028, (US$ Million & Kilotons)
- Canada
- Country Trends
- Market Size and Forecast, By Product Type, 2017 - 2028, (US$ Million & Kilotons)
- Market Size and Forecast, By Application, 2017 - 2028, (US$ Million & Kilotons)
- Europe
- Market Share Analysis, By Country, 2022 and 2028 (%)
- Y-o-Y Growth Analysis, By Country, 2022 - 2028
- U.K.
- Country Trends
- Market Size and Forecast, By Product Type, 2017 - 2028, (US$ Million & Kilotons)
- Market Size and Forecast, By Application, 2017 - 2028, (US$ Million & Kilotons)
- Germany
- Country Trends
- Market Size and Forecast, By Product Type, 2017 - 2028, (US$ Million & Kilotons)
- Market Size and Forecast, By Application, 2017 - 2028, (US$ Million & Kilotons)
- Italy
- Country Trends
- Market Size and Forecast, By Product Type, 2017 - 2028, (US$ Million & Kilotons)
- Market Size and Forecast, By Application, 2017 - 2028, (US$ Million & Kilotons)
- France
- Country Trends
- Market Size and Forecast, By Product Type, 2017 - 2028, (US$ Million & Kilotons)
- Market Size and Forecast, By Application, 2017 - 2028, (US$ Million & Kilotons)
- Russia
- Country Trends
- Market Size and Forecast, By Product Type, 2017 - 2028, (US$ Million & Kilotons)
- Market Size and Forecast, By Application, 2017 - 2028, (US$ Million & Kilotons)
- Spain
- Country Trends
- Market Size and Forecast, By Product Type, 2017 - 2028, (US$ Million & Kilotons)
- Market Size and Forecast, By Application, 2017 - 2028, (US$ Million & Kilotons)
- Rest of Europe
- Country Trends
- Market Size and Forecast, By Product Type, 2017 - 2028, (US$ Million & Kilotons)
- Market Size and Forecast, By Application, 2017 - 2028, (US$ Million & Kilotons)
- Asia Pacific
- Market Share Analysis, By Country, 2022 and 2028 (%)
- Y-o-Y Growth Analysis, By Country, 2022 - 2028
- China
- Country Trends
- Market Size and Forecast, By Product Type, 2017 - 2028, (US$ Million & Kilotons)
- Market Size and Forecast, By Application, 2017 - 2028, (US$ Million & Kilotons)
- India
- Country Trends
- Market Size and Forecast, By Product Type, 2017 - 2028, (US$ Million & Kilotons)
- Market Size and Forecast, By Application, 2017 - 2028, (US$ Million & Kilotons)
- Japan
- Country Trends
- Market Size and Forecast, By Product Type, 2017 - 2028, (US$ Million & Kilotons)
- Market Size and Forecast, By Application, 2017 - 2028, (US$ Million & Kilotons)
- ASEAN
- Country Trends
- Market Size and Forecast, By Product Type, 2017 - 2028, (US$ Million & Kilotons)
- Market Size and Forecast, By Application, 2017 - 2028, (US$ Million & Kilotons)
- Australia
- Country Trends
- Market Size and Forecast, By Product Type, 2017 - 2028, (US$ Million & Kilotons)
- Market Size and Forecast, By Application, 2017 - 2028, (US$ Million & Kilotons)
- South Korea
- Country Trends
- Market Size and Forecast, By Product Type, 2017 - 2028, (US$ Million & Kilotons)
- Market Size and Forecast, By Application, 2017 - 2028, (US$ Million & Kilotons)
- Rest of Asia Pacific
- Country Trends
- Market Size and Forecast, By Product Type, 2017 - 2028, (US$ Million & Kilotons)
- Market Size and Forecast, By Application, 2017 - 2028, (US$ Million & Kilotons)
- Latin America
- Market Share Analysis, By Country, 2022 and 2028 (%)
- Y-o-Y Growth Analysis, By Country, 2022 - 2028
- Brazil
- Country Trends
- Market Size and Forecast, By Product Type, 2017 - 2028, (US$ Million & Kilotons)
- Market Size and Forecast, By Application, 2017 - 2028, (US$ Million & Kilotons)
- Mexico
- Country Trends
- Market Size and Forecast, By Product Type, 2017 - 2028, (US$ Million & Kilotons)
- Market Size and Forecast, By Application, 2017 - 2028, (US$ Million & Kilotons)
- Argentina
- Country Trends
- Market Size and Forecast, By Product Type, 2017 - 2028, (US$ Million & Kilotons)
- Market Size and Forecast, By Application, 2017 - 2028, (US$ Million & Kilotons)
- Rest of Latin America
- Country Trends
- Market Size and Forecast, By Product Type, 2017 - 2028, (US$ Million & Kilotons)
- Market Size and Forecast, By Application, 2017 - 2028, (US$ Million & Kilotons)
- Middle East
- Market Share Analysis, By Country, 2022 and 2028 (%)
- Y-o-Y Growth Analysis, By Country, 2022 - 2028
- GCC Countries
- Country Trends
- Market Size and Forecast, By Product Type, 2017 - 2028, (US$ Million & Kilotons)
- Market Size and Forecast, By Application, 2017 - 2028, (US$ Million & Kilotons)
- Israel
- Country Trends
- Market Size and Forecast, By Product Type, 2017 - 2028, (US$ Million & Kilotons)
- Market Size and Forecast, By Application, 2017 - 2028, (US$ Million & Kilotons)
- Rest of Middle East
- Country Trends
- Market Size and Forecast, By Product Type, 2017 - 2028, (US$ Million & Kilotons)
- Market Size and Forecast, By Application, 2017 - 2028, (US$ Million & Kilotons)
- Africa
- Market Share Analysis, By Country, 2022 and 2028 (%)
- Y-o-Y Growth Analysis, By Country, 2022 - 2028
- Northern Africa
- Country Trends
- Market Size and Forecast, By Product Type, 2017 - 2028, (US$ Million & Kilotons)
- Market Size and Forecast, By Application, 2017 - 2028, (US$ Million & Kilotons)
- Central Africa
- Country Trends
- Market Size and Forecast, By Product Type, 2017 - 2028, (US$ Million & Kilotons)
- Market Size and Forecast, By Application, 2017 - 2028, (US$ Million & Kilotons)
- South Africa
- Country Trends
- Market Size and Forecast, By Product Type, 2017 - 2028, (US$ Million & Kilotons)
- Market Size and Forecast, By Application, 2017 - 2028, (US$ Million & Kilotons)
- 7. Competitive Landscape
- Heat Map Analysis
- Market Share Analysis (3x3 Matrix)
- Company Profiles
- De Monchy Aromatics Limited
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- AOS Products Private Limited
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- TriVita, Inc
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Phyto Life Sciences P. Ltd.
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Edens Garden Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Prime Natural Beauty
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Analyst Views
- 8. Section
- References
- Research Methodology
- About Us and Sales Contact
- *Browse 180 market data tables and 110 figures on "Global Frankincense Extracts Market - Global forecast to 2028”.
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