Global Frankincense Extract 麻豆原创 Growth 2025-2031

Publication ID:

LPI01254834

Publication Date:

January 24, 2025

Pages:

115

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

Food Processing [2]

Food [3]

Food & Beverages [4]

Description:

The global Frankincense Extract market size is predicted to grow from US$ 290 million in 2025 to US$ 444 million in 2031; it is expected to grow at a CAGR of 7.4% from 2025 to 2031.
The driving factors for frankincense extract can include:

1. Traditional and Cultural Use: Frankincense extract has a long history of traditional and cultural use in various parts of the world, particularly in religious ceremonies, aromatherapy, and traditional medicine. This long-standing cultural significance drives the demand for frankincense extract in these contexts.

2. Aromatherapy and Wellness: Frankincense extract is valued for its aromatic properties, which are believed to have therapeutic effects on mental and physical well-being. It is commonly used in aromatherapy practices to promote relaxation, reduce stress, and improve mood. The increasing interest in holistic health and wellness contributes to the demand for frankincense extract in aromatherapy and related applications.

3. Cosmetic and Skincare Industry: Frankincense extract is known for its potential cosmetic and skincare benefits. It is believed to have anti-aging, anti-inflammatory, and moisturizing properties, making it a sought-after ingredient in skincare products. The demand for natural and plant-based skincare ingredients has driven the use of frankincense extract in the cosmetic industry.

4. Traditional Medicine and Herbal Remedies: In traditional medicine systems, frankincense extract is used for various health conditions, including respiratory disorders, digestive issues, and inflammation. The adoption and interest in traditional medicine practices, as well as the demand for natural and herbal remedies, contribute to the utilization of frankincense extract in these contexts.

5. Research and Scientific Interest: Scientific studies have started exploring the potential health benefits and therapeutic properties of frankincense extract. Research on its anti-inflammatory, anti-cancer, and antimicrobial properties, among others, drives the scientific interest and potential future applications of frankincense extract in medical and healthcare fields.

6. Sustainable Sourcing and Ethical Practices: The demand for sustainably sourced and ethically produced natural ingredients has grown in recent years. This includes resins such as frankincense. The promotion of sustainable harvesting practices, fair trade agreements, and responsible sourcing contributes to the market demand for ethically sourced frankincense extract.

7. Consumer Awareness and Preference for Natural Products: In line with the growing consumer preference for natural and plant-based products, there is an increasing demand for frankincense extract as a natural ingredient. Consumers are seeking alternatives to synthetic ingredients and chemical-based products, and frankincense extract aligns with their preference for natural options.

8. Cultural and Religious Tourism: In locations where frankincense has historical and cultural significance, such as certain regions in the Middle East, there is a demand for frankincense extract as a souvenir or for cultural and religious tourism purposes. This contributes to the demand for frankincense extract in these regions.

These driving factors contribute to the utilization and demand for frankincense extract in various industries, including aromatherapy, skincare, traditional medicine, scientific research, and cultural contexts. Its historical and cultural significance, potential health benefits, aromatic properties, and alignment with consumer preferences for natural ingredients all contribute to the growing market demand for frankincense extract.
The 鈥淔rankincense Extract Industry Forecast鈥� looks at past sales and reviews total world Frankincense Extract sales in 2024, providing a comprehensive analysis by region and market sector of projected Frankincense Extract sales for 2025 through 2031. With Frankincense Extract sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Frankincense Extract industry.
This Insight Report provides a comprehensive analysis of the global Frankincense Extract 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 Frankincense Extract portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Frankincense Extract market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Frankincense Extract 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 Frankincense Extract.
This report presents a comprehensive overview, market shares, and growth opportunities of Frankincense Extract market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Pharmaceutical Grade
Cosmetic Grade
Other
Segmentation by Application:
Medicine
Skin care
Oral Care
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 analysing the company's coverage, product portfolio, its market penetration.
AMeO
De Monchy Aromatics
DoTERRA
AOS Products Private Limited
Nature's Sunshine Products
TriVita
Edens Garden
Radha Beauty
Majestic Pure
Prime Natural
Mountain Rose Herbs
Fabulous Frannie
Key Questions Addressed in this Report
What is the 10-year outlook for the global Frankincense Extract market?
What factors are driving Frankincense Extract market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Frankincense Extract market opportunities vary by end market size?
How does Frankincense Extract break out by Type, by Application?

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Scope of the Report
1.1 麻豆原创 Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 麻豆原创 Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 麻豆原创 Estimation Caveats
2 Executive Summary
2.1 World 麻豆原创 Overview
2.1.1 Global Frankincense Extract Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Frankincense Extract by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Frankincense Extract by Country/Region, 2020, 2024 & 2031
2.2 Frankincense Extract Segment by Type
2.2.1 Pharmaceutical Grade
2.2.2 Cosmetic Grade
2.2.3 Other
2.3 Frankincense Extract Sales by Type
2.3.1 Global Frankincense Extract Sales 麻豆原创 Share by Type (2020-2025)
2.3.2 Global Frankincense Extract Revenue and 麻豆原创 Share by Type (2020-2025)
2.3.3 Global Frankincense Extract Sale Price by Type (2020-2025)
2.4 Frankincense Extract Segment by Application
2.4.1 Medicine
2.4.2 Skin care
2.4.3 Oral Care
2.5 Frankincense Extract Sales by Application
2.5.1 Global Frankincense Extract Sale 麻豆原创 Share by Application (2020-2025)
2.5.2 Global Frankincense Extract Revenue and 麻豆原创 Share by Application (2020-2025)
2.5.3 Global Frankincense Extract Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Frankincense Extract Breakdown Data by Company
3.1.1 Global Frankincense Extract Annual Sales by Company (2020-2025)
3.1.2 Global Frankincense Extract Sales 麻豆原创 Share by Company (2020-2025)
3.2 Global Frankincense Extract Annual Revenue by Company (2020-2025)
3.2.1 Global Frankincense Extract Revenue by Company (2020-2025)
3.2.2 Global Frankincense Extract Revenue 麻豆原创 Share by Company (2020-2025)
3.3 Global Frankincense Extract Sale Price by Company
3.4 Key Manufacturers Frankincense Extract Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Frankincense Extract Product Location Distribution
3.4.2 Players Frankincense Extract Products Offered
3.5 麻豆原创 Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 麻豆原创 M&A Activity & Strategy
4 World Historic Review for Frankincense Extract by Geographic Region
4.1 World Historic Frankincense Extract 麻豆原创 Size by Geographic Region (2020-2025)
4.1.1 Global Frankincense Extract Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Frankincense Extract Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Frankincense Extract 麻豆原创 Size by Country/Region (2020-2025)
4.2.1 Global Frankincense Extract Annual Sales by Country/Region (2020-2025)
4.2.2 Global Frankincense Extract Annual Revenue by Country/Region (2020-2025)
4.3 Americas Frankincense Extract Sales Growth
4.4 APAC Frankincense Extract Sales Growth
4.5 Europe Frankincense Extract Sales Growth
4.6 Middle East & Africa Frankincense Extract Sales Growth
5 Americas
5.1 Americas Frankincense Extract Sales by Country
5.1.1 Americas Frankincense Extract Sales by Country (2020-2025)
5.1.2 Americas Frankincense Extract Revenue by Country (2020-2025)
5.2 Americas Frankincense Extract Sales by Type (2020-2025)
5.3 Americas Frankincense Extract Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Frankincense Extract Sales by Region
6.1.1 APAC Frankincense Extract Sales by Region (2020-2025)
6.1.2 APAC Frankincense Extract Revenue by Region (2020-2025)
6.2 APAC Frankincense Extract Sales by Type (2020-2025)
6.3 APAC Frankincense Extract Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Frankincense Extract by Country
7.1.1 Europe Frankincense Extract Sales by Country (2020-2025)
7.1.2 Europe Frankincense Extract Revenue by Country (2020-2025)
7.2 Europe Frankincense Extract Sales by Type (2020-2025)
7.3 Europe Frankincense Extract Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Frankincense Extract by Country
8.1.1 Middle East & Africa Frankincense Extract Sales by Country (2020-2025)
8.1.2 Middle East & Africa Frankincense Extract Revenue by Country (2020-2025)
8.2 Middle East & Africa Frankincense Extract Sales by Type (2020-2025)
8.3 Middle East & Africa Frankincense Extract Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 麻豆原创 Drivers, Challenges and Trends
9.1 麻豆原创 Drivers & Growth Opportunities
9.2 麻豆原创 Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Frankincense Extract
10.3 Manufacturing Process Analysis of Frankincense Extract
10.4 Industry Chain Structure of Frankincense Extract
11 麻豆原创ing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Frankincense Extract Distributors
11.3 Frankincense Extract Customer
12 World Forecast Review for Frankincense Extract by Geographic Region
12.1 Global Frankincense Extract 麻豆原创 Size Forecast by Region
12.1.1 Global Frankincense Extract Forecast by Region (2026-2031)
12.1.2 Global Frankincense Extract Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Frankincense Extract Forecast by Type (2026-2031)
12.7 Global Frankincense Extract Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 AMeO
13.1.1 AMeO Company Information
13.1.2 AMeO Frankincense Extract Product Portfolios and Specifications
13.1.3 AMeO Frankincense Extract Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 AMeO Main Business Overview
13.1.5 AMeO Latest Developments
13.2 De Monchy Aromatics
13.2.1 De Monchy Aromatics Company Information
13.2.2 De Monchy Aromatics Frankincense Extract Product Portfolios and Specifications
13.2.3 De Monchy Aromatics Frankincense Extract Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 De Monchy Aromatics Main Business Overview
13.2.5 De Monchy Aromatics Latest Developments
13.3 DoTERRA
13.3.1 DoTERRA Company Information
13.3.2 DoTERRA Frankincense Extract Product Portfolios and Specifications
13.3.3 DoTERRA Frankincense Extract Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 DoTERRA Main Business Overview
13.3.5 DoTERRA Latest Developments
13.4 AOS Products Private Limited
13.4.1 AOS Products Private Limited Company Information
13.4.2 AOS Products Private Limited Frankincense Extract Product Portfolios and Specifications
13.4.3 AOS Products Private Limited Frankincense Extract Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 AOS Products Private Limited Main Business Overview
13.4.5 AOS Products Private Limited Latest Developments
13.5 Nature's Sunshine Products
13.5.1 Nature's Sunshine Products Company Information
13.5.2 Nature's Sunshine Products Frankincense Extract Product Portfolios and Specifications
13.5.3 Nature's Sunshine Products Frankincense Extract Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Nature's Sunshine Products Main Business Overview
13.5.5 Nature's Sunshine Products Latest Developments
13.6 TriVita
13.6.1 TriVita Company Information
13.6.2 TriVita Frankincense Extract Product Portfolios and Specifications
13.6.3 TriVita Frankincense Extract Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 TriVita Main Business Overview
13.6.5 TriVita Latest Developments
13.7 Edens Garden
13.7.1 Edens Garden Company Information
13.7.2 Edens Garden Frankincense Extract Product Portfolios and Specifications
13.7.3 Edens Garden Frankincense Extract Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Edens Garden Main Business Overview
13.7.5 Edens Garden Latest Developments
13.8 Radha Beauty
13.8.1 Radha Beauty Company Information
13.8.2 Radha Beauty Frankincense Extract Product Portfolios and Specifications
13.8.3 Radha Beauty Frankincense Extract Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 Radha Beauty Main Business Overview
13.8.5 Radha Beauty Latest Developments
13.9 Majestic Pure
13.9.1 Majestic Pure Company Information
13.9.2 Majestic Pure Frankincense Extract Product Portfolios and Specifications
13.9.3 Majestic Pure Frankincense Extract Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 Majestic Pure Main Business Overview
13.9.5 Majestic Pure Latest Developments
13.10 Prime Natural
13.10.1 Prime Natural Company Information
13.10.2 Prime Natural Frankincense Extract Product Portfolios and Specifications
13.10.3 Prime Natural Frankincense Extract Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 Prime Natural Main Business Overview
13.10.5 Prime Natural Latest Developments
13.11 Mountain Rose Herbs
13.11.1 Mountain Rose Herbs Company Information
13.11.2 Mountain Rose Herbs Frankincense Extract Product Portfolios and Specifications
13.11.3 Mountain Rose Herbs Frankincense Extract Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 Mountain Rose Herbs Main Business Overview
13.11.5 Mountain Rose Herbs Latest Developments
13.12 Fabulous Frannie
13.12.1 Fabulous Frannie Company Information
13.12.2 Fabulous Frannie Frankincense Extract Product Portfolios and Specifications
13.12.3 Fabulous Frannie Frankincense Extract Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 Fabulous Frannie Main Business Overview
13.12.5 Fabulous Frannie Latest Developments
14 Research Findings and Conclusion

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