Global Basil Extract Market Size Study & Forecast, by Type (Powder, Capsule, Oil), by Application (Healthcare, Personal Care) and Regional Analysis, 2023-2030

PUBLISHED: July 28, 2023

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Global Basil Extract Market is valued at approximately USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2023-2030. Basil, a culinary plant from the mint family, has great antibacterial qualities and is widely used in Ayurvedic medicine. A substantial source of calcium, zinc, vitamin A, and iron is found in basil extracts. Basil extracts are high in demand in a variety of pharmaceutical products due to their antioxidant capabilities. Basil extracts' demand has grown as a result of the increasing number of health advantages provided by basil extract. Also, it efficiently alleviates stress, which is anticipated to expand its commercial potential across the global market

Basil extracts are widely used in skin ointments, cough syrups, and juices, expanding its range of potential medical applications. According to the World Health Organization, about 70-80% of the world's population, mostly from herbal sources, relies on non-conventional medicines for their treatment. Moreover, basil is major source of vitamins that further helps in treating cancer, cardiovascular diseases and various type of ulcers. According to GLOBOCAN, in 2020, about 19.3 million new cases of cancer were reported worldwide and this number is expected to increase to 30.2 million in the year 2040. The rising adverse effects of synthetic pharmaceuticals, the high expense of new drugs, microbial resistance, developing disorders, etc. leads medical professionals have placed a strong emphasis on the significance of basil extracts, particularly in the fields of Ayurveda and homeopathy. It is incorporated into the creation of a number of drugs that Ayurvedic physicians prescrib. A rise in the use of basil extracts in pharmaceutical and personal care products is anticipated to raise demand for the market. However, basil's adverse effects, like hypoglycemia and blood thinning are expected to limit market expansion during the estimated period of 2023-2030

The key regions considered for the Global Basil Extract Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia-Pacific has dominated the market in 2022 with the highest number of market shares. The market for basil extracts in this region is expanding as a result of the high population, along with the presence of the largest base for the production and consumption of basil extract. As people become more aware of the benefits of basil, it is being used more frequently in personal care products and pharmaceuticals, which is contributing to the rise of the target market in Asia-Pacific. North America is anticipated as the significantly growing region, followed by Europe. The regional basil market is likely to be driven by the usage of basil in the packaging industry due to its anti-microbial qualities, as well as increasing demand in various cuisines and from the personal care industry.

Major market player included in this report are:

Penta Manufacturing Company
Martin Bauer Group
Kefiplant
Cepham Inc
Amoretti
Todd Botanical Therapeutics
FLAVEX Naturextrakte GmbH
DaXingAnLing Lingonberry Organic Foodstuffs
NOW foods
Martin Bauer Group

Recent Developments in the Market:

In March 2021, the Martin Bauer Group, a company with a focus on botanical products, purchased a sizable portion of food maker Power Brands.
In September 2020, the top North American manufacturer of specialized mint leaf products, Core Botanica, is acquired by The Martin Bauer Group. The Martin Bauer Group has expertise in botanical products.
In May 2022, New USDA-certified organic 'Indolce' basil from Soli Organic Inc. arrived on fruit aisle shelves in over 2,000 chosen stores across more than 15 Mid-Atlantic distribution centres.

Global Basil Extract Market Report Scope:

Historical Data: 2020 - 2021
Base Year for Estimation: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Type, Application, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

Powder
Capsule
Oil

By Application:

Healthcare
Personal Care

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Basil Extract Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Basil Extract Market, by Type, 2020-2030 (USD Billion)
- 1.2.3. Basil Extract Market, by Application, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Basil Extract Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Basil Extract Market Dynamics

3.1. Basil Extract Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing number of health advantages concerned with basil
  - 3.1.1.2. Efficiency in alleviating stress
  - 3.1.1.3. Growing application in the medical industry
- 3.1.2. Market Challenges
  - 3.1.2.1. Adverse side effects concerned with basil
- 3.1.3. Market Opportunities
  - 3.1.3.1. Increasing application in the ayurvedic products
  - 3.1.3.2. Rise in the use of basil extracts in pharmaceutical and personal care products

Chapter 4. Global Basil Extract Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Basil Extract Market, by Type

5.1. Market Snapshot
5.2. Global Basil Extract Market by Type, Performance - Potential Analysis
5.3. Global Basil Extract Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
5.4. Basil Extract Market, Sub Segment Analysis
- 5.4.1. Powder
- 5.4.2. Capsule
- 5.4.3. Oil

Chapter 6. Global Basil Extract Market, by Application

6.1. Market Snapshot
6.2. Global Basil Extract Market by Application, Performance - Potential Analysis
6.3. Global Basil Extract Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
6.4. Basil Extract Market, Sub Segment Analysis
- 6.4.1. Healthcare
- 6.4.2. Personal care

Chapter 7. Global Basil Extract Market, Regional Analysis

7.1. Top Leading Countries
7.2. Top Emerging Countries
7.3. Basil Extract Market, Regional Market Snapshot
7.4. North America Basil Extract Market
- 7.4.1. U.S. Basil Extract Market
  - 7.4.1.1. Type breakdown estimates & forecasts, 2020-2030
  - 7.4.1.2. Application breakdown estimates & forecasts, 2020-2030
- 7.4.2. Canada Basil Extract Market
7.5. Europe Basil Extract Market Snapshot
- 7.5.1. U.K. Basil Extract Market
- 7.5.2. Germany Basil Extract Market
- 7.5.3. France Basil Extract Market
- 7.5.4. Spain Basil Extract Market
- 7.5.5. Italy Basil Extract Market
- 7.5.6. Rest of Europe Basil Extract Market
7.6. Asia-Pacific Basil Extract Market Snapshot
- 7.6.1. China Basil Extract Market
- 7.6.2. India Basil Extract Market
- 7.6.3. Japan Basil Extract Market
- 7.6.4. Australia Basil Extract Market
- 7.6.5. South Korea Basil Extract Market
- 7.6.6. Rest of Asia Pacific Basil Extract Market
7.7. Latin America Basil Extract Market Snapshot
- 7.7.1. Brazil Basil Extract Market
- 7.7.2. Mexico Basil Extract Market
7.8. Middle East & Africa Basil Extract Market
- 7.8.1. Saudi Arabia Basil Extract Market
- 7.8.2. South Africa Basil Extract Market
- 7.8.3. Rest of Middle East & Africa Basil Extract Market

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
- 8.1.1. Company 1
- 8.1.2. Company 2
- 8.1.3. Company 3
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. Penta Manufacturing Company
  - 8.3.1.1. Key Information
  - 8.3.1.2. Overview
  - 8.3.1.3. Financial (Subject to Data Availability)
  - 8.3.1.4. Product Summary
  - 8.3.1.5. Recent Developments
- 8.3.2. Martin Bauer Group
- 8.3.3. Kefiplant
- 8.3.4. Cepham Inc
- 8.3.5. Amoretti
- 8.3.6. Todd Botanical Therapeutics
- 8.3.7. FLAVEX Naturextrakte GmbH
- 8.3.8. DaXingAnLing Lingonberry Organic Foodstuffs
- 8.3.9. NOW foods
- 8.3.10. Martin Bauer Group

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Basil Extract Market, report scope
TABLE 2. Global Basil Extract Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Basil Extract Market estimates & forecasts by Type 2020-2030 (USD Billion)
TABLE 4. Global Basil Extract Market estimates & forecasts by application 2020-2030 (USD Billion)
TABLE 5. Global Basil Extract Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 6. Global Basil Extract Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Basil Extract Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Basil Extract Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Basil Extract Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Basil Extract Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Basil Extract Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Basil Extract Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Basil Extract Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Basil Extract Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. U.S. Basil Extract Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Basil Extract Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 17. U.S. Basil Extract Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. Canada Basil Extract Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 19. Canada Basil Extract Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 20. Canada Basil Extract Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. UK Basil Extract Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 22. UK Basil Extract Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 23. UK Basil Extract Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. Germany Basil Extract Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 25. Germany Basil Extract Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 26. Germany Basil Extract Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. France Basil Extract Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 28. France Basil Extract Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 29. France Basil Extract Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. Italy Basil Extract Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 31. Italy Basil Extract Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 32. Italy Basil Extract Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Spain Basil Extract Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 34. Spain Basil Extract Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 35. Spain Basil Extract Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. RoE Basil Extract Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 37. RoE Basil Extract Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 38. RoE Basil Extract Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. China Basil Extract Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 40. China Basil Extract Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 41. China Basil Extract Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. India Basil Extract Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 43. India Basil Extract Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 44. India Basil Extract Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. Japan Basil Extract Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 46. Japan Basil Extract Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 47. Japan Basil Extract Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. South Korea Basil Extract Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 49. South Korea Basil Extract Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 50. South Korea Basil Extract Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. Australia Basil Extract Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 52. Australia Basil Extract Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 53. Australia Basil Extract Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. RoAPAC Basil Extract Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 55. RoAPAC Basil Extract Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 56. RoAPAC Basil Extract Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. Brazil Basil Extract Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 58. Brazil Basil Extract Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 59. Brazil Basil Extract Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Mexico Basil Extract Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 61. Mexico Basil Extract Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 62. Mexico Basil Extract Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. RoLA Basil Extract Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 64. RoLA Basil Extract Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 65. RoLA Basil Extract Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. Saudi Arabia Basil Extract Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 67. South Africa Basil Extract Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 68. RoMEA Basil Extract Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. List of secondary sources, used in the study of global Basil Extract Market
TABLE 70. List of primary sources, used in the study of global Basil Extract Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered