Boswellia Market (Product Type: Resin, Essential Oil, and Extract; and Source: Boswellia Papyrifera, Boswellia Sacra, Boswellia Serrata, Boswellia Cartetii, and Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2023-2031
Boswellia Market – Scope of Report
TMR’s report on the global boswellia market studies the past as well as the current growth trends and opportunities to gain valuable insights of the indicators of the market during the forecast period from 2023 to 2031. The report provides revenue of the global boswellia market for the period 2017–2031, considering 2023 as the base year and 2031 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of the global boswellia market from 2023 to 2031.
The report has been prepared after an extensive research. Primary research involved bulk of the research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players’ product literature, annual reports, press releases, and relevant documents to understand the boswellia market.
Secondary research also included Internet sources, statistical data from government agencies, websites, and trade associations. Analysts employed a combination of top-down and bottom-up approaches to study various attributes of the global boswellia market.
The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Moreover, the report throws light on the changing competitive dynamics in the global boswellia market. These serve as valuable tools for existing market players as well as for entities interested in participating in the global boswellia market.
The report delves into the competitive landscape of the global boswellia market. Key players operating in the global boswellia market have been identified and each one of these has been profiled in terms of various attributes. Company overview, financial standings, recent developments, and SWOT are the attributes of players in the global boswellia market profiled in this report.
Key Questions Answered in Global boswellia Market Report
- What is the sales/revenue generated by boswellia across all regions during the forecast period?
- What are the opportunities in the global boswellia market?
- What are the major drivers, restraints, opportunities, and threats in the market?
- Which regional market is set to expand at the fastest CAGR during the forecast period?
- Which segment is expected to generate the highest revenue globally in 2031?
- Which segment is projected to expand at the highest CAGR during the forecast period?
- What are the market positions of different companies operating in the global market?
The comprehensive report on the global boswellia market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products.
For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller ones. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.
The report analyzes the global boswellia market in terms of product, end-user, and region. Key segments under each criterion have been studied at length, and the market share for each of these at the end of 2031 has been provided. Such valuable insights enable market stakeholders in making informed business decisions for investment in the global boswellia market.
- 1. Executive Summary
- 1.1. Global Market Outlook
- 1.2. Demand Side Trends
- 1.3. Supply Side Trends
- 1.4. Analysis and Recommendations
- 2. Market Overview
- 2.1. Market Coverage / Taxonomy
- 2.2. Market Definition / Scope / Limitations
- 3. Key Market Trends
- 3.1. Increase in Demand for Dietary Supplements Due to Their Various Health Benefits
- 3.2. Demand for Natural Products by Consumers
- 4. Key Success Factors
- 4.1. Product Adoption / Usage Analysis
- 4.2. Product USPs / Features
- 5. Global Boswellia Market Demand Volume (Tons) Analysis 2018–2022 and Forecast, 2023–2031
- 5.1. Historical Market (Tons) Analysis, 2018–2022
- 5.2. Current and Future Market (Tons) Projections, 2023–2031
- 6. Global Boswellia Market - Pricing Analysis
- 6.1. Regional Pricing Analysis
- 6.2. Global Average Pricing Analysis Benchmark
- 7. Global Boswellia Market Demand Value (US$ Mn) Analysis 2018–2022 and Forecast, 2023-2031
- 7.1. Historical Market Value (US$ Mn) Analysis, 2018–2022
- 7.2. Current and Future Market Value (US$ Mn) Projections, 2023–2031
- 7.2.1. Y-o-Y Growth Trend Analysis
- 7.2.2. Absolute $ Opportunity Analysis
- 8. Market Background
- 8.1. Macro-Economic Factors
- 8.2. Global Essential Oil Industry Outlook
- 8.3. Global Dietary Supplements Overview
- 8.4. Industry Value and Supply Chain Analysis
- 8.4.1. Profit Margin Analysis at each point of sales
- 8.4.1.1. Boswellia Processors
- 8.4.1.2. Distributors/Suppliers/Wholesalers
- 8.4.1.3. Traders/Retailers
- 8.4.1.4. End-users
- 8.5. Key Certifications/Key Regulations
- 8.6. Market Dynamics
- 8.6.1. Drivers
- 8.6.2. Restraints
- 8.6.3. Opportunity Analysis
- 8.7. Forecast Factors - Relevance & Impact
- 9. Global Boswellia Market Analysis 2018–2022 and Forecast 2023–2031, By Product Type
- 9.1. Introduction / Key Findings
- 9.2. Historical Market Size (US$ Mn) and Volume Analysis By Product Type, 2018–2022
- 9.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Product Type, 2023–2031
- 9.3.1. Resin
- 9.3.2. Essential Oil
- 9.3.3. Extract
- 9.4. Market Attractiveness Analysis By Product Type
- 10. Global Boswellia Market Analysis 2018–2022 and Forecast 2023–2031, By Source
- 10.1. Introduction / Key Findings
- 10.2. Historical Market Size (US$ Mn) and Volume Analysis By Source, 2018–2022
- 10.3. Current and Future Market Size (US$ Mn) and Volume Forecast By Source, 2023–2031
- 10.3.1. Boswellia Papyrifera
- 10.3.2. Boswellia Sacra
- 10.3.3. Boswellia Serrata
- 10.3.4. Boswellia Cartetii
- 10.3.5. Others
- 10.4. Market Attractiveness Analysis By Source
- 11. Global Boswellia Market Analysis 2018–2022 and Forecast 2023–2031, by Application
- 11.1. Introduction
- 11.2. Historical Boswellia Market (US$ Mn) and Volume Analysis By Application, 2018–2022
- 11.3. Current Boswellia Market (US$ Mn) Analysis and Volume Forecast By Application, 2023–2031
- 11.3.1. Joint Health
- 11.3.2. Stress/Anxiety Relief
- 11.3.3. Anti-inflammation
- 11.3.4. Asthma
- 11.3.5. Digestive Disorder
- 11.3.6. Incense
- 11.3.7. Others
- 11.4. Market Attractiveness Analysis By Application
- 12. Global Boswellia Market Analysis 2018–2022 and Forecast 2023–2031, By End-use
- 12.1. Introduction / Key Findings
- 12.2. Historical Boswellia Market (US$ Mn) and Volume Analysis By End-use, 2018–2022
- 12.3. Current and Future Boswellia Market (US$ Mn) and Volume Forecast By End-use, 2023–2031
- 12.3.1. Food Supplements
- 12.3.2. Herbal Medicinal Products
- 12.3.3. Aromatherapy
- 12.3.4. Personal Care Products
- 12.3.5. Others
- 12.4. Market Attractiveness Analysis By End-use
- 13. Global Boswellia Market Analysis 2018–2022 and Forecast 2023–2031, by Region
- 13.1. Introduction
- 13.2. Historical Boswellia Market (US$ Mn) and Volume Analysis By Region, 2018–2022
- 13.3. Current Boswellia Market (US$ Mn) and Volume Forecast By Region, 2023–2031
- 13.3.1. North America
- 13.3.2. Latin America
- 13.3.3. Western Europe
- 13.3.4. Eastern Europe
- 13.3.5. South Asia
- 13.3.6. East Asia
- 13.3.7. Oceania
- 13.3.8. Middle East & Africa
- 13.4. Market Attractiveness Analysis By Region
- 14. North America Boswellia Market Analysis 2018–2022 and Forecast 2023–2031
- 14.1. Introduction
- 14.2. Historical Market Value (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2018–2022
- 14.3. Current and Future Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2023–2031
- 14.3.1. By Country
- 14.3.1.1. U.S.
- 14.3.1.2. Canada
- 14.3.1.3. Mexico
- 14.3.2. By Product Type
- 14.3.3. By End-use
- 14.3.4. By Source
- 14.3.5. By Application
- 14.4. Market Attractiveness Analysis
- 14.4.1. By Product Type
- 14.4.2. By End-use
- 14.4.3. By Source
- 14.4.4. By Application
- 14.5. Drivers and Restraints - Impact Analysis
- 15. Latin America Boswellia Market Analysis 2018–2022 and Forecast 2023–2031
- 15.1. Introduction
- 15.2. Historical Market Value (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2018–2022
- 15.3. Current and Future Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2023–2031
- 15.3.1. By Country
- 15.3.1.1. Brazil
- 15.3.1.2. Argentina
- 15.3.1.3. Rest of Latin America
- 15.3.2. By Product Type
- 15.3.3. By End-use
- 15.3.4. By Source
- 15.3.5. By Application
- 15.4. Market Attractiveness Analysis
- 15.4.1. By Product Type
- 15.4.2. By End-use
- 15.4.3. By Source
- 15.4.4. By Application
- 15.5. Drivers and Restraints - Impact Analysis
- 16. Western Europe Boswellia Market Analysis 2018–2022 and Forecast 2023–2031
- 16.1. Introduction
- 16.2. Historical Market Value (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2018–2022
- 16.3. Current and Future Market Size (US$ Mn) and Volume Forecast By Market Taxonomy2023–2031
- 16.3.1. By Country
- 16.3.1.1. Germany
- 16.3.1.2. Italy
- 16.3.1.3. France
- 16.3.1.4. U.K.
- 16.3.1.5. Spain
- 16.3.1.6. BENELUX
- 16.3.1.7. Nordic
- 16.3.1.8. Rest of Western Europe
- 16.3.2. By Product Type
- 16.3.3. By End-use
- 16.3.4. By Source
- 16.3.5. By Application
- 16.4. Market Attractiveness Analysis
- 16.4.1. By Product Type
- 16.4.2. By End-use
- 16.4.3. By Source
- 16.4.4. By Application
- 16.5. Drivers and Restraints - Impact Analysis
- 17. Eastern Europe Boswellia Market Analysis 2018–2022 and Forecast 2023–2031
- 17.1. Introduction
- 17.2. Historical Market Value (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2018–2022
- 17.3. Current and Future Market Size (US$ Mn) and Volume Forecast By Market Taxonomy2023–2031
- 17.3.1. By Country
- 17.3.1.1. Russia
- 17.3.1.2. Hungary
- 17.3.1.3. Poland
- 17.3.1.4. Balkan & Baltics
- 17.3.1.5. Rest of Eastern Europe
- 17.3.2. By Product Type
- 17.3.3. By End-use
- 17.3.4. By Source
- 17.3.5. By Application
- 17.4. Market Attractiveness Analysis
- 17.4.1. By Product Type
- 17.4.2. By End-use
- 17.4.3. By Source
- 17.4.4. By Application
- 17.5. Drivers and Restraints - Impact Analysis
- 18. South Asia Boswellia Market Analysis 2018–2022 and Forecast 2023–2031
- 18.1. Introduction
- 18.2. Historical Market Value (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2018–2022
- 18.3. Current and Future Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2023–2031
- 18.3.1. By Country
- 18.3.1.1. India
- 18.3.1.2. Thailand
- 18.3.1.3. Indonesia
- 18.3.1.4. Malaysia
- 18.3.1.5. Rest of South Asia
- 18.3.2. By Product Type
- 18.3.3. By End-use
- 18.3.4. By Source
- 18.3.5. By Application
- 18.4. Market Attractiveness Analysis
- 18.4.1. By Product Type
- 18.4.2. By End-use
- 18.4.3. By Source
- 18.4.4. By Application
- 18.5. Drivers and Restraints - Impact Analysis
- 19. East Asia Boswellia Market Analysis 2018–2022 and Forecast 2023–2031
- 19.1. Introduction
- 19.2. Historical Market Value (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2018–2022
- 19.3. Current and Future Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2023–2031
- 19.3.1. By Country
- 19.3.1.1. China
- 19.3.1.2. Japan
- 19.3.1.3. South Korea
- 19.3.2. By Product Type
- 19.3.3. By End-use
- 19.3.4. By Source
- 19.3.5. By Application
- 19.4. Market Attractiveness Analysis
- 19.4.1. By Product Type
- 19.4.2. By End-use
- 19.4.3. By Source
- 19.4.4. By Application
- 19.5. Drivers and Restraints - Impact Analysis
- 20. Oceania Boswellia Market Analysis 2018–2022 and Forecast 2023–2031
- 20.1. Introduction
- 20.2. Historical Market Value (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2018–2022
- 20.3. Current and Future Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2023–2031
- 20.3.1. By Country
- 20.3.1.1. Australia
- 20.3.1.2. New Zealand
- 20.3.2. By Product Type
- 20.3.3. By End-use
- 20.3.4. By Source
- 20.3.5. By Application
- 20.4. Market Attractiveness Analysis
- 20.4.1. By Product Type
- 20.4.2. By End-use
- 20.4.3. By Source
- 20.4.4. By Application
- 20.5. Drivers and Restraints - Impact Analysis
- 21. Middle East & Africa Boswellia Market Analysis 2018–2022 and Forecast 2023–2031
- 21.1. Introduction
- 21.2. Historical Market Value (US$ Mn) and Volume Trend Analysis By Value Taxonomy, 2018–2022
- 21.3. Current and Future Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2023–2031
- 21.3.1. By Country
- 21.3.1.1. KSA
- 21.3.1.2. Other GCC Countries
- 21.3.1.3. South Africa
- 21.3.1.4. Other Africa Union
- 21.3.1.5. Rest of Middle East & Africa
- 21.3.2. By Product Type
- 21.3.3. By End-use
- 21.3.4. By Source
- 21.3.5. By Application
- 21.4. Market Attractiveness Analysis
- 21.4.1. By Product Type
- 21.4.2. By End-use
- 21.4.3. By Source
- 21.4.4. By Application
- 21.5. Drivers and Restraints - Impact Analysis
- 22. Country Wise Boswellia Market Analysis 2022
- 22.1. Introduction
- 22.2. U.S. Boswellia Market Analysis
- 22.2.1. By Product Type
- 22.2.2. By End-use
- 22.2.3. By Source
- 22.2.4. By Application
- 22.3. Canada Boswellia Market Analysis
- 22.3.1. By Product Type
- 22.3.2. By End-use
- 22.3.3. By Source
- 22.3.4. By Application
- 22.4. Mexico Boswellia Market Analysis
- 22.4.1. By Product Type
- 22.4.2. By End-use
- 22.4.3. By Source
- 22.4.4. By Application
- 22.5. Brazil Boswellia Market Analysis
- 22.5.1. By Product Type
- 22.5.2. By End-use
- 22.5.3. By Source
- 22.5.4. By Application
- 22.6. Argentina Boswellia Market Analysis
- 22.6.1. By Product Type
- 22.6.2. By End-use
- 22.6.3. By Source
- 22.6.4. By Application
- 22.7. Germany Boswellia Market Analysis
- 22.7.1. By Product Type
- 22.7.2. By End-use
- 22.7.3. By Source
- 22.7.4. By Application
- 22.8. Italy Boswellia Market Analysis
- 22.8.1. By Product Type
- 22.8.2. By End-use
- 22.8.3. By Source
- 22.8.4. By Application
- 22.9. France Boswellia Market Analysis
- 22.9.1. By Product Type
- 22.9.2. By End-use
- 22.9.3. By Source
- 22.9.4. By Application
- 22.10. U.K. Boswellia Market Analysis
- 22.10.1. By Product Type
- 22.10.2. By End-use
- 22.10.3. By Source
- 22.10.4. By Application
- 22.11. Spain Boswellia Market Analysis
- 22.11.1. By Product Type
- 22.11.2. By End-use
- 22.11.3. By Source
- 22.11.4. By Application
- 22.12. Russia Boswellia Market Analysis
- 22.12.1. By Product Type
- 22.12.2. By End-use
- 22.12.3. By Source
- 22.12.4. By Application
- 22.13. Poland Boswellia Market Analysis
- 22.13.1. By Product Type
- 22.13.2. By End-use
- 22.13.3. By Source
- 22.13.4. By Application
- 22.14. Hungary Boswellia Market Analysis
- 22.14.1. By Product Type
- 22.14.2. By End-use
- 22.14.3. By Source
- 22.14.4. By Application
- 22.15. Balkan & Baltics Boswellia Market Analysis
- 22.15.1. By Product Type
- 22.15.2. By End-use
- 22.15.3. By Source
- 22.15.4. By Application
- 22.16. China Boswellia Market Analysis
- 22.16.1. By Product Type
- 22.16.2. By End-use
- 22.16.3. By Source
- 22.16.4. By Application
- 22.17. Japan Boswellia Market Analysis
- 22.17.1. By Product Type
- 22.17.2. By End-use
- 22.17.3. By Source
- 22.17.4. By Application
- 22.18. South Korea Boswellia Market Analysis
- 22.18.1. By Product Type
- 22.18.2. By End-use
- 22.18.3. By Source
- 22.18.4. By Application
- 22.19. India Boswellia Market Analysis
- 22.19.1. By Product Type
- 22.19.2. By End-use
- 22.19.3. By Source
- 22.19.4. By Application
- 22.20. Thailand Boswellia Market Analysis
- 22.20.1. By Product Type
- 22.20.2. By End-use
- 22.20.3. By Source
- 22.20.4. By Application
- 22.21. Indonesia Boswellia Market Analysis
- 22.21.1. By Product Type
- 22.21.2. By End-use
- 22.21.3. By Source
- 22.21.4. By Application
- 22.22. Malaysia Boswellia Market Analysis
- 22.22.1. By Product Type
- 22.22.2. By End-use
- 22.22.3. By Source
- 22.22.4. By Application
- 22.23. Australia Boswellia Market Analysis
- 22.23.1. By Product Type
- 22.23.2. By End-use
- 22.23.3. By Source
- 22.23.4. By Application
- 22.24. New Zealand Boswellia Market Analysis
- 22.24.1. By Product Type
- 22.24.2. By End-use
- 22.24.3. By Source
- 22.24.4. By Application
- 22.25. Turkiye Boswellia Market Analysis
- 22.25.1. By Product Type
- 22.25.2. By End-use
- 22.25.3. By Source
- 22.25.4. By Application
- 22.26. South Africa Boswellia Market Analysis
- 22.26.1. By Product Type
- 22.26.2. By End-use
- 22.26.3. By Source
- 22.26.4. By Application
- 23. Market Structure Analysis
- 23.1. Market Analysis by Tier of Companies
- 23.2. Market Concentration
- 23.3. Market Presence Analysis
- 24. Competition Analysis
- 24.1. Competition Dashboard
- 24.2. Competition Deep Dive
- 24.2.1. Sabinsa Corporation
- 24.2.1.1. Overview
- 24.2.1.2. Product Portfolio
- 24.2.1.3. Sales Footprint
- 24.2.1.4. Key Developments
- 24.2.1.5. Strategy Overview
- 24.2.2. Arjuna Natural Ltd.
- 24.2.2.1. Overview
- 24.2.2.2. Product Portfolio
- 24.2.2.3. Sales Footprint
- 24.2.2.4. Key Developments
- 24.2.2.5. Strategy Overview
- 24.2.3. PLT Health Solutions, Inc.
- 24.2.3.1. Overview
- 24.2.3.2. Product Portfolio
- 24.2.3.3. Sales Footprint
- 24.2.3.4. Key Developments
- 24.2.3.5. Strategy Overview
- 24.2.4. Alchem International
- 24.2.4.1. Overview
- 24.2.4.2. Product Portfolio
- 24.2.4.3. Sales Footprint
- 24.2.4.4. Key Developments
- 24.2.4.5. Strategy Overview
- 24.2.5. Gurjar Phytochem Pvt. Ltd.
- 24.2.5.1. Overview
- 24.2.5.2. Product Portfolio
- 24.2.5.3. Sales Footprint
- 24.2.5.4. Key Developments
- 24.2.5.5. Strategy Overview
- 24.2.6. Nutra Green Biotechnology Co., Ltd.
- 24.2.6.1. Overview
- 24.2.6.2. Product Portfolio
- 24.2.6.3. Sales Footprint
- 24.2.6.4. Key Developments
- 24.2.6.5. Strategy Overview
- 24.2.7. S.A. Herbal Bioactives LLP
- 24.2.7.1. Overview
- 24.2.7.2. Product Portfolio
- 24.2.7.3. Sales Footprint
- 24.2.7.4. Key Developments
- 24.2.7.5. Strategy Overview
- 24.2.8. Alpspure Lifesciences Private Limited
- 24.2.8.1. Overview
- 24.2.8.2. Product Portfolio
- 24.2.8.3. Sales Footprint
- 24.2.8.4. Key Developments
- 24.2.8.5. Strategy Overview
- 24.2.9. Venkatesh Naturals Extract Pvt. Ltd.
- 24.2.9.1. Overview
- 24.2.9.2. Product Portfolio
- 24.2.9.3. Sales Footprint
- 24.2.9.4. Key Developments
- 24.2.9.5. Strategy Overview
- 24.2.10. Herbal Creations
- 24.2.10.1. Overview
- 24.2.10.2. Product Portfolio
- 24.2.10.3. Sales Footprint
- 24.2.10.4. Key Developments
- 24.2.10.5. Strategy Overview
- 24.2.11. Others
- 24.2.11.1. Overview
- 24.2.11.2. Product Portfolio
- 24.2.11.3. Sales Footprint
- 24.2.11.4. Key Developments
- 24.2.11.5. Strategy Overview
- 25. Research Methodology
- 26. Assumptions and Acronyms Used
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