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Report updated on 11th September, 2021: Global Basil Oil Market 2021 (Includes Business Impact of COVID-19)Global Basil Oil Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2030 is a recent report generated by Trusted Business Insights. The global basil oil market report has been segmented on the basis of type, application, and region. Request Covid - 19 Impact
Global Basil Oil Market: OverviewBasil oil is manufactured from the Ocimum basilicum plant. It is used to treat allergies, cough, headache, nervous disorder, etc. It is commonly used as an essence in the food industries. Basil oil has anti-microbial properties that find major applications in cosmetic products such as to treatment for the cure of acne and skin infections.
Global Basil Oil Market: DynamicsIncreasing use of basil oil as a massage oil to reduce inflammation and for treatment of joint and muscle pain is the key factor projected to drive growth of the global basil oil market. In addition, the growing use of basil oil in aromatherapy projected to drive growth of the global market. Rising use of basil oil in cosmetic products owing to its anti-inflammatory properties and increasing preference for the herbal and natural cosmetic products among individuals are other factors projected to propel growth of the global market in the near future. Moreover, increasing use of basil oil in the pharmaceuticals industry is projected to augment growth of the target market over the next 10 years. Increasing demand for basil oil in cough syrups for relaxing sore throats and treatment of respiratory disorders is projected to drive growth of the global market. However, the high cost of basil oil is projected to restrain growth of the global market over the next few years.
Global Basil Oil Market: Segment AnalysisAmong the type segments, the sweet linalool basil segment is projected to account for significant revenue share in the near future. Increasing demand for basil oil in personal care products is expected to drive growth of the segment. The tropical basil oil segment is projected to register for highest CAGR in the global market. Among the application segments, the pharmaceuticals segment is projected to contribute to major revenue share in the global market in the next few years. The inclination of consumers towards natural medicines owing to its properties and rising adoption of basil oil in the treatment of nervous disorders, arthritis, allergies, and anti-depressing is projected to drive growth of the segment.
Global Basil Oil Market: Region AnalysisAsia Pacific basil oil market is projected to account for major revenue share and is projected to maintain its dominance during the forecast period. Presence of a large number of manufacturers in the countries in this region is projected to support growth of the target market in the Asia Pacific. In addition, growing demand for basil oil from the food industry and cosmetic industry is projected to support growth of the Asia Pacific basil oil market. North America market is projected to register lucrative growth in terms of revenue during the forecast period, followed by Europe. Usage of basil oil in aromatherapy and medicines is a factor driving growth of the target market in North America.
Below are the active patents related to Basil Oil Market.Patent Number: CN102100300B Frozen beverage containing basil seeds and preparation method thereof Abstract The invention relates to a frozen beverage containing basil seeds and a preparation method thereof. The frozen drink containing basil seeds comprises the following ingredients in percentage by weight: 7-20% of sweet substances, 1-2% of basil seeds, 6-9% of milk powder, 5-7% of malto dextrin, 0.05-0.3% of stabilizer and the balance of water. The invention also provides the preparation method of the frozen beverage. According to the invention, natural health care food of basil seeds in a specific percentage is added in the traditional frozen beverage, thereby not only increasing the moderate sour and sweet taste of the frozen beverage, but also ensuring a simple beverage to achieve the health care functions of promoting digestion, curing constipation, scavenging intestinal tract, improving skin, expelling toxin, losing weight, lowering blood pressure, blood sugar and cholesterol and promoting body metabolism. The frozen beverage is suitable for consumer groups of all ages, and a new vision and a new field of the frozen drinks are developed. Application File Date: 2010-12-28 Application Granted Date: 2013-01-23 Current Assignee: Inner Mongolia Yili Industrial Group Co Ltd Patent Number: US10159212B1 Downy mildew resistant/tolerant sweet basil varieties Abstract Eight new sweet basil (Ocimum basilicum L.) cultivars designated ‘Rutgers Thunderstruck-DMR’, ‘Rutgers Passion-DMR’, Rutgers Obsession-DMR’, ‘Rutgers Devotion-DMR’, ‘26_24_33’, ‘50_03_05’, ‘50_03_34’, and ‘42_21_02’ are provided, as are parts of the plants, extracts and biomasses from the variety, and uses thereof, for example as a food or in a food product. These plants have basil downy mildew resistance/tolerance. Application File Date: 2017-11-14 Application Granted Date: 2018-12-25 Current Assignee: Rutgers State University of New Jersey
Global Basil Oil Market Segmentation:Segmentation by type:
Table of Contents Chapter 1. Methodology and Scope 1.1. Research Methodology 1.2. Research Scope & Assumptions 1.3. List of Data SourcesChapter 2. Executive SummaryChapter 3. Global Basil Oil Market Outlook 3.1. Market Segmentation 3.2. Market Size and Growth Prospects, 2016 - 2027 3.3. Value Chain Analysis 3.4. Market Dynamics 3.4.1. Market driver analysis 3.4.2. Market restraint analysis | read more...