Global Boswellia Market Growth 2023-2029

Boswellia is an active compound extracted from a variety of different species of frankincense.

LPI (LP Information)' newest research report, the “Boswellia Industry Forecast” looks at past sales and reviews total world Boswellia sales in 2022, providing a comprehensive analysis by region and market sector of projected Boswellia sales for 2023 through 2029. With Boswellia sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Boswellia industry.

This Insight Report provides a comprehensive analysis of the global Boswellia landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Boswellia portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Boswellia market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Boswellia and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Boswellia.

The global Boswellia market size is projected to grow from US$ 55 million in 2022 to US$ 70 million in 2029; it is expected to grow at a CAGR of 70 from 2023 to 2029.

Consumer inclination to buy natural personal care products is shifting significantly, due to the increasing awareness regarding the benefits of natural and organic ingredients present in them.

This report presents a comprehensive overview, market shares, and growth opportunities of Boswellia market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Resins
    Essential Oils
    Extracts

Segmentation by application
    Food Supplements
    Herbal Medicinal Products
    Aromatherapy
    Personal Care Products
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Sabinsa
    Arjuna Natural
    PLT Health Solutions
    Alchem International
    Nutra Green Biotechnology
    Gurjar Phytochem
    Herbal Bioactives
    Alpspure Lifesciences Private

Key Questions Addressed in this Report
What is the 10-year outlook for the global Boswellia market?
What factors are driving Boswellia market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Boswellia market opportunities vary by end market size?
How does Boswellia break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

List of Tables
    Table 1. Boswellia Annual Sales CAGR by Geographic Region (2018, 2022 & 2029) & ($ millions)
    Table 2. Boswellia Annual Sales CAGR by Country/Region (2018, 2022 & 2029) & ($ millions)
    Table 3. Major Players of Resins
    Table 4. Major Players of Essential Oils
    Table 5. Major Players of Extracts
    Table 6. Global Boswellia Sales by Type (2018-2023) & (K MT)
    Table 7. Global Boswellia Sales Market Share by Type (2018-2023)
    Table 8. Global Boswellia Revenue by Type (2018-2023) & ($ million)
    Table 9. Global Boswellia Revenue Market Share by Type (2018-2023)
    Table 10. Global Boswellia Sale Price by Type (2018-2023) & (USD/MT)
    Table 11. Global Boswellia Sales by Application (2018-2023) & (K MT)
    Table 12. Global Boswellia Sales Market Share by Application (2018-2023)
    Table 13. Global Boswellia Revenue by Application (2018-2023)
    Table 14. Global Boswellia Revenue Market Share by Application (2018-2023)
    Table 15. Global Boswellia Sale Price by Application (2018-2023) & (USD/MT)
    Table 16. Global Boswellia Sales by Company (2018-2023) & (K MT)
    Table 17. Global Boswellia Sales Market Share by Company (2018-2023)
    Table 18. Global Boswellia Revenue by Company (2018-2023) ($ Millions)
    Table 19. Global Boswellia Revenue Market Share by Company (2018-2023)
    Table 20. Global Boswellia Sale Price by Company (2018-2023) & (USD/MT)
    Table 21. Key Manufacturers Boswellia Producing Area Distribution and Sales Area
    Table 22. Players Boswellia Products Offered
    Table 23. Boswellia Concentration Ratio (CR3, CR5 and CR10) & (2018-2023)
    Table 24. New Products and Potential Entrants
    Table 25. Mergers & Acquisitions, Expansion
    Table 26. Global Boswellia Sales by Geographic Region (2018-2023) & (K MT)
    Table 27. Global Boswellia Sales Market Share Geographic Region (2018-2023)
    Table 28. Global Boswellia Revenue by Geographic Region (2018-2023) & ($ millions)
    Table 29. Global Boswellia Revenue Market Share by Geographic Region (2018-2023)
    Table 30. Global Boswellia Sales by Country/Region (2018-2023) & (K MT)
    Table 31. Global Boswellia Sales Market Share by Country/Region (2018-2023)
    Table 32. Global Boswellia Revenue by Country/Region (2018-2023) & ($ millions)
    Table 33. Global Boswellia Revenue Market Share by Country/Region (2018-2023)
    Table 34. Americas Boswellia Sales by Country (2018-2023) & (K MT)
    Table 35. Americas Boswellia Sales Market Share by Country (2018-2023)
    Table 36. Americas Boswellia Revenue by Country (2018-2023) & ($ Millions)
    Table 37. Americas Boswellia Revenue Market Share by Country (2018-2023)
    Table 38. Americas Boswellia Sales by Type (2018-2023) & (K MT)
    Table 39. Americas Boswellia Sales by Application (2018-2023) & (K MT)
    Table 40. APAC Boswellia Sales by Region (2018-2023) & (K MT)
    Table 41. APAC Boswellia Sales Market Share by Region (2018-2023)
    Table 42. APAC Boswellia Revenue by Region (2018-2023) & ($ Millions)
    Table 43. APAC Boswellia Revenue Market Share by Region (2018-2023)
    Table 44. APAC Boswellia Sales by Type (2018-2023) & (K MT)
    Table 45. APAC Boswellia Sales by Application (2018-2023) & (K MT)
    Table 46. Europe Boswellia Sales by Country (2018-2023) & (K MT)
    Table 47. Europe Boswellia Sales Market Share by Country (2018-2023)
    Table 48. Europe Boswellia Revenue by Country (2018-2023) & ($ Millions)
    Table 49. Europe Boswellia Revenue Market Share by Country (2018-2023)
    Table 50. Europe Boswellia Sales by Type (2018-2023) & (K MT)
    Table 51. Europe Boswellia Sales by Application (2018-2023) & (K MT)
    Table 52. Middle East & Africa Boswellia Sales by Country (2018-2023) & (K MT)
    Table 53. Middle East & Africa Boswellia Sales Market Share by Country (2018-2023)
    Table 54. Middle East & Africa Boswellia Revenue by Country (2018-2023) & ($ Millions)
    Table 55. Middle East & Africa Boswellia Revenue Market Share by Country (2018-2023)
    Table 56. Middle East & Africa Boswellia Sales by Type (2018-2023) & (K MT)
    Table 57. Middle East & Africa Boswellia Sales by Application (2018-2023) & (K MT)
    Table 58. Key Market Drivers & Growth Opportunities of Boswellia
    Table 59. Key Market Challenges & Risks of Boswellia
    Table 60. Key Industry Trends of Boswellia
    Table 61. Boswellia Raw Material
    Table 62. Key Suppliers of Raw Materials
    Table 63. Boswellia Distributors List
    Table 64. Boswellia Customer List
    Table 65. Global Boswellia Sales Forecast by Region (2024-2029) & (K MT)
    Table 66. Global Boswellia Revenue Forecast by Region (2024-2029) & ($ millions)
    Table 67. Americas Boswellia Sales Forecast by Country (2024-2029) & (K MT)
    Table 68. Americas Boswellia Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 69. APAC Boswellia Sales Forecast by Region (2024-2029) & (K MT)
    Table 70. APAC Boswellia Revenue Forecast by Region (2024-2029) & ($ millions)
    Table 71. Europe Boswellia Sales Forecast by Country (2024-2029) & (K MT)
    Table 72. Europe Boswellia Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 73. Middle East & Africa Boswellia Sales Forecast by Country (2024-2029) & (K MT)
    Table 74. Middle East & Africa Boswellia Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 75. Global Boswellia Sales Forecast by Type (2024-2029) & (K MT)
    Table 76. Global Boswellia Revenue Forecast by Type (2024-2029) & ($ Millions)
    Table 77. Global Boswellia Sales Forecast by Application (2024-2029) & (K MT)
    Table 78. Global Boswellia Revenue Forecast by Application (2024-2029) & ($ Millions)
    Table 79. Sabinsa Basic Information, Boswellia Manufacturing Base, Sales Area and Its Competitors
    Table 80. Sabinsa Boswellia Product Portfolios and Specifications
    Table 81. Sabinsa Boswellia Sales (K MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 82. Sabinsa Main Business
    Table 83. Sabinsa Latest Developments
    Table 84. Arjuna Natural Basic Information, Boswellia Manufacturing Base, Sales Area and Its Competitors
    Table 85. Arjuna Natural Boswellia Product Portfolios and Specifications
    Table 86. Arjuna Natural Boswellia Sales (K MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 87. Arjuna Natural Main Business
    Table 88. Arjuna Natural Latest Developments
    Table 89. PLT Health Solutions Basic Information, Boswellia Manufacturing Base, Sales Area and Its Competitors
    Table 90. PLT Health Solutions Boswellia Product Portfolios and Specifications
    Table 91. PLT Health Solutions Boswellia Sales (K MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 92. PLT Health Solutions Main Business
    Table 93. PLT Health Solutions Latest Developments
    Table 94. Alchem International Basic Information, Boswellia Manufacturing Base, Sales Area and Its Competitors
    Table 95. Alchem International Boswellia Product Portfolios and Specifications
    Table 96. Alchem International Boswellia Sales (K MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 97. Alchem International Main Business
    Table 98. Alchem International Latest Developments
    Table 99. Nutra Green Biotechnology Basic Information, Boswellia Manufacturing Base, Sales Area and Its Competitors
    Table 100. Nutra Green Biotechnology Boswellia Product Portfolios and Specifications
    Table 101. Nutra Green Biotechnology Boswellia Sales (K MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 102. Nutra Green Biotechnology Main Business
    Table 103. Nutra Green Biotechnology Latest Developments
    Table 104. Gurjar Phytochem Basic Information, Boswellia Manufacturing Base, Sales Area and Its Competitors
    Table 105. Gurjar Phytochem Boswellia Product Portfolios and Specifications
    Table 106. Gurjar Phytochem Boswellia Sales (K MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 107. Gurjar Phytochem Main Business
    Table 108. Gurjar Phytochem Latest Developments
    Table 109. Herbal Bioactives Basic Information, Boswellia Manufacturing Base, Sales Area and Its Competitors
    Table 110. Herbal Bioactives Boswellia Product Portfolios and Specifications
    Table 111. Herbal Bioactives Boswellia Sales (K MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 112. Herbal Bioactives Main Business
    Table 113. Herbal Bioactives Latest Developments
    Table 114. Alpspure Lifesciences Private Basic Information, Boswellia Manufacturing Base, Sales Area and Its Competitors
    Table 115. Alpspure Lifesciences Private Boswellia Product Portfolios and Specifications
    Table 116. Alpspure Lifesciences Private Boswellia Sales (K MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 117. Alpspure Lifesciences Private Main Business
    Table 118. Alpspure Lifesciences Private Latest Developments
List of Figures
    Figure 1. Picture of Boswellia
    Figure 2. Boswellia Report Years Considered
    Figure 3. Research Objectives
    Figure 4. Research Methodology
    Figure 5. Research Process and Data Source
    Figure 6. Global Boswellia Sales Growth Rate 2018-2029 (K MT)
    Figure 7. Global Boswellia Revenue Growth Rate 2018-2029 ($ Millions)
    Figure 8. Boswellia Sales by Region (2018, 2022 & 2029) & ($ Millions)
    Figure 9. Product Picture of Resins
    Figure 10. Product Picture of Essential Oils
    Figure 11. Product Picture of Extracts
    Figure 12. Global Boswellia Sales Market Share by Type in 2022
    Figure 13. Global Boswellia Revenue Market Share by Type (2018-2023)
    Figure 14. Boswellia Consumed in Food Supplements
    Figure 15. Global Boswellia Market: Food Supplements (2018-2023) & (K MT)
    Figure 16. Boswellia Consumed in Herbal Medicinal Products
    Figure 17. Global Boswellia Market: Herbal Medicinal Products (2018-2023) & (K MT)
    Figure 18. Boswellia Consumed in Aromatherapy
    Figure 19. Global Boswellia Market: Aromatherapy (2018-2023) & (K MT)
    Figure 20. Boswellia Consumed in Personal Care Products
    Figure 21. Global Boswellia Market: Personal Care Products (2018-2023) & (K MT)
    Figure 22. Boswellia Consumed in Others
    Figure 23. Global Boswellia Market: Others (2018-2023) & (K MT)
    Figure 24. Global Boswellia Sales Market Share by Application (2022)
    Figure 25. Global Boswellia Revenue Market Share by Application in 2022
    Figure 26. Boswellia Sales Market by Company in 2022 (K MT)
    Figure 27. Global Boswellia Sales Market Share by Company in 2022
    Figure 28. Boswellia Revenue Market by Company in 2022 ($ Million)
    Figure 29. Global Boswellia Revenue Market Share by Company in 2022
    Figure 30. Global Boswellia Sales Market Share by Geographic Region (2018-2023)
    Figure 31. Global Boswellia Revenue Market Share by Geographic Region in 2022
    Figure 32. Americas Boswellia Sales 2018-2023 (K MT)
    Figure 33. Americas Boswellia Revenue 2018-2023 ($ Millions)
    Figure 34. APAC Boswellia Sales 2018-2023 (K MT)
    Figure 35. APAC Boswellia Revenue 2018-2023 ($ Millions)
    Figure 36. Europe Boswellia Sales 2018-2023 (K MT)
    Figure 37. Europe Boswellia Revenue 2018-2023 ($ Millions)
    Figure 38. Middle East & Africa Boswellia Sales 2018-2023 (K MT)
    Figure 39. Middle East & Africa Boswellia Revenue 2018-2023 ($ Millions)
    Figure 40. Americas Boswellia Sales Market Share by Country in 2022
    Figure 41. Americas Boswellia Revenue Market Share by Country in 2022
    Figure 42. Americas Boswellia Sales Market Share by Type (2018-2023)
    Figure 43. Americas Boswellia Sales Market Share by Application (2018-2023)
    Figure 44. United States Boswellia Revenue Growth 2018-2023 ($ Millions)
    Figure 45. Canada Boswellia Revenue Growth 2018-2023 ($ Millions)
    Figure 46. Mexico Boswellia Revenue Growth 2018-2023 ($ Millions)
    Figure 47. Brazil Boswellia Revenue Growth 2018-2023 ($ Millions)
    Figure 48. APAC Boswellia Sales Market Share by Region in 2022
    Figure 49. APAC Boswellia Revenue Market Share by Regions in 2022
    Figure 50. APAC Boswellia Sales Market Share by Type (2018-2023)
    Figure 51. APAC Boswellia Sales Market Share by Application (2018-2023)
    Figure 52. China Boswellia Revenue Growth 2018-2023 ($ Millions)
    Figure 53. Japan Boswellia Revenue Growth 2018-2023 ($ Millions)
    Figure 54. South Korea Boswellia Revenue Growth 2018-2023 ($ Millions)
    Figure 55. Southeast Asia Boswellia Revenue Growth 2018-2023 ($ Millions)
    Figure 56. India Boswellia Revenue Growth 2018-2023 ($ Millions)
    Figure 57. Australia Boswellia Revenue Growth 2018-2023 ($ Millions)
    Figure 58. China Taiwan Boswellia Revenue Growth 2018-2023 ($ Millions)
    Figure 59. Europe Boswellia Sales Market Share by Country in 2022
    Figure 60. Europe Boswellia Revenue Market Share by Country in 2022
    Figure 61. Europe Boswellia Sales Market Share by Type (2018-2023)
    Figure 62. Europe Boswellia Sales Market Share by Application (2018-2023)
    Figure 63. Germany Boswellia Revenue Growth 2018-2023 ($ Millions)
    Figure 64. France Boswellia Revenue Growth 2018-2023 ($ Millions)
    Figure 65. UK Boswellia Revenue Growth 2018-2023 ($ Millions)
    Figure 66. Italy Boswellia Revenue Growth 2018-2023 ($ Millions)
    Figure 67. Russia Boswellia Revenue Growth 2018-2023 ($ Millions)
    Figure 68. Middle East & Africa Boswellia Sales Market Share by Country in 2022
    Figure 69. Middle East & Africa Boswellia Revenue Market Share by Country in 2022
    Figure 70. Middle East & Africa Boswellia Sales Market Share by Type (2018-2023)
    Figure 71. Middle East & Africa Boswellia Sales Market Share by Application (2018-2023)
    Figure 72. Egypt Boswellia Revenue Growth 2018-2023 ($ Millions)
    Figure 73. South Africa Boswellia Revenue Growth 2018-2023 ($ Millions)
    Figure 74. Israel Boswellia Revenue Growth 2018-2023 ($ Millions)
    Figure 75. Turkey Boswellia Revenue Growth 2018-2023 ($ Millions)
    Figure 76. GCC Country Boswellia Revenue Growth 2018-2023 ($ Millions)
    Figure 77. Manufacturing Cost Structure Analysis of Boswellia in 2022
    Figure 78. Manufacturing Process Analysis of Boswellia
    Figure 79. Industry Chain Structure of Boswellia
    Figure 80. Channels of Distribution
    Figure 81. Global Boswellia Sales Market Forecast by Region (2024-2029)
    Figure 82. Global Boswellia Revenue Market Share Forecast by Region (2024-2029)
    Figure 83. Global Boswellia Sales Market Share Forecast by Type (2024-2029)
    Figure 84. Global Boswellia Revenue Market Share Forecast by Type (2024-2029)
    Figure 85. Global Boswellia Sales Market Share Forecast by Application (2024-2029)
    Figure 86. Global Boswellia Revenue Market Share Forecast by Application (2024-2029)

Sabinsa
Arjuna Natural
PLT Health Solutions
Alchem International
Nutra Green Biotechnology
Gurjar Phytochem
Herbal Bioactives
Alpspure Lifesciences Private

LP Information presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

• Primary Source
  Players/Suppliers
  Industry Experts
  Distributors/Traders
  Opinion Leaders
  Front-line Staff
  Marketing Executives

  Secondary Source
  Journals and Periodicals
  Government Bodies
  Annual Reports
  Presentations
  Paid Databases
  LPI Internal Repository

• Data Synthesis
  Information Gathering
  Collation of Data
  Estimation of Key Figures
  Analysis of Derived Insights

  Data Validation
  Triangulation with Data Models
  Reference Against Proprietary
  Databases
  Corroboration with Industry Experts

• Qualitative Analysis
  Market drivers
  Market challenges
  Market trends
  Five forces analysis

  Qualitative Analysis
  Market size and forecast
  Market segmentation
  Geographical insights
  Competitive landscape