Frankincense Extracts Market by Product (Cosmetics Grade, Pharmaceutical Grade), Application (Aromatherapy, Incense & Perfumes, Medicine) - Global Forecast 2024-2030

Frankincense Extracts Market by Product (Cosmetics Grade, Pharmaceutical Grade), Application (Aromatherapy, Incense & Perfumes, Medicine) - Global Forecast 2024-2030


The Frankincense Extracts Market size was estimated at USD 325.59 million in 2023 and expected to reach USD 360.29 million in 2024, at a CAGR 11.14% to reach USD 682.12 million by 2030.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Frankincense Extracts Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Frankincense Extracts Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Frankincense Extracts Market, highlighting leading vendors and their innovative profiles. These include Albert Vieille SAS, Alchem International Pvt. Ltd., AOS Products Private Limited, Aromaaz International, Avi Naturals, De Monchy Aromatics Limited, Edens Garden Inc., Fabulous Frannie, Natural Sourcing, LLC, Phyto Life Sciences P. Ltd., Prime Natural Beauty, Sabinsa Corporation, Scents of Earth LLC, TriVita, Inc., and Vizu Organics.

Market Segmentation & Coverage



This research report categorizes the Frankincense Extracts Market to forecast the revenues and analyze trends in each of the following sub-markets:

Product
Cosmetics Grade
Pharmaceutical Grade
Application
Aromatherapy
Incense & Perfumes
Medicine
Oral Care
Skincare
Region
Americas
Argentina

Brazil

Canada

Mexico

United States
California

Florida

Illinois

New York

Ohio

Pennsylvania

Texas
Asia-Pacific
Australia

China

India

Indonesia

Japan

Malaysia

Philippines

Singapore

South Korea

Taiwan

Thailand

Vietnam
Europe, Middle East & Africa
Denmark

Egypt

Finland

France

Germany

Israel

Italy

Netherlands

Nigeria

Norway

Poland

Qatar

Russia

Saudi Arabia

South Africa

Spain

Sweden

Switzerland

Turkey

United Arab Emirates

United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Frankincense Extracts Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Frankincense Extracts Market?
3. What are the technology trends and regulatory frameworks in the Frankincense Extracts Market?
4. What is the market share of the leading vendors in the Frankincense Extracts Market?
5. Which modes and strategic moves are suitable for entering the Frankincense Extracts Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Frankincense Extracts Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Growing application of frankincense extracts in the pharmaceuticals industry
5.1.1.2. High adoption in aromatherapy to relieve stress and anxiety
5.1.1.3. Increasing adoption in regards to its beneficial properties like antibacterial, antioxidant and anti-inflammatory
5.1.2. Restraints
5.1.2.1. Side effects associated with the frankincense extracts
5.1.3. Opportunities
5.1.3.1. Improve product offerings by manufacturers
5.1.3.2. Customer inclination towards organic products
5.1.4. Challenges
5.1.4.1. Limited awareness and reach of product in low-income countries
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Frankincense Extracts Market, by Product
6.1. Introduction
6.2. Cosmetics Grade
6.3. Pharmaceutical Grade
7. Frankincense Extracts Market, by Application
7.1. Introduction
7.2. Aromatherapy
7.3. Incense & Perfumes
7.4. Medicine
7.5. Oral Care
7.6. Skincare
8. Americas Frankincense Extracts Market
8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States
9. Asia-Pacific Frankincense Extracts Market
9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Taiwan
9.12. Thailand
9.13. Vietnam
10. Europe, Middle East & Africa Frankincense Extracts Market
10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.10. Nigeria
10.11. Norway
10.12. Poland
10.13. Qatar
10.14. Russia
10.15. Saudi Arabia
10.16. South Africa
10.17. Spain
10.18. Sweden
10.19. Switzerland
10.20. Turkey
10.21. United Arab Emirates
10.22. United Kingdom
11. Competitive Landscape
11.1. FPNV Positioning Matrix
11.2. Market Share Analysis, By Key Player
11.3. Competitive Scenario Analysis, By Key Player
12. Competitive Portfolio
12.1. Key Company Profiles
12.1.1. Albert Vieille SAS
12.1.2. Alchem International Pvt. Ltd.
12.1.3. AOS Products Private Limited
12.1.4. Aromaaz International
12.1.5. Avi Naturals
12.1.6. De Monchy Aromatics Limited
12.1.7. Edens Garden Inc.
12.1.8. Fabulous Frannie
12.1.9. Natural Sourcing, LLC
12.1.10. Phyto Life Sciences P. Ltd.
12.1.11. Prime Natural Beauty
12.1.12. Sabinsa Corporation
12.1.13. Scents of Earth LLC
12.1.14. TriVita, Inc.
12.1.15. Vizu Organics
12.2. Key Product Portfolio
13. Appendix
13.1. Discussion Guide
13.2. License & Pricing
FIGURE 1. FRANKINCENSE EXTRACTS MARKET RESEARCH PROCESS
FIGURE 2. FRANKINCENSE EXTRACTS MARKET SIZE, 2023 VS 2030
FIGURE 3. FRANKINCENSE EXTRACTS MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. FRANKINCENSE EXTRACTS MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. FRANKINCENSE EXTRACTS MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. FRANKINCENSE EXTRACTS MARKET DYNAMICS
FIGURE 7. FRANKINCENSE EXTRACTS MARKET SIZE, BY PRODUCT, 2023 VS 2030 (%)
FIGURE 8. FRANKINCENSE EXTRACTS MARKET SIZE, BY PRODUCT, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. FRANKINCENSE EXTRACTS MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
FIGURE 10. FRANKINCENSE EXTRACTS MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. AMERICAS FRANKINCENSE EXTRACTS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 12. AMERICAS FRANKINCENSE EXTRACTS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. UNITED STATES FRANKINCENSE EXTRACTS MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 14. UNITED STATES FRANKINCENSE EXTRACTS MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. ASIA-PACIFIC FRANKINCENSE EXTRACTS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 16. ASIA-PACIFIC FRANKINCENSE EXTRACTS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. EUROPE, MIDDLE EAST & AFRICA FRANKINCENSE EXTRACTS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. EUROPE, MIDDLE EAST & AFRICA FRANKINCENSE EXTRACTS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. FRANKINCENSE EXTRACTS MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 20. FRANKINCENSE EXTRACTS MARKET SHARE, BY KEY PLAYER, 2023

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