What is Basil Oil Market?
Basil Essential Oil is also called Sweet Basil Essential Oil. It is derived from the leaves of the Ocimum basilicum botanical, which is better known as the Basil herb. The oil is said to enhance mood, improve digestion, increase alertness, and soothe muscle aches. It is also sometimes used as an insect repellent.
The market study is being classified by Type (Holy basil, Tropical (exotic) basil and Sweet Linalool Basil), by Application (Food & beverage, Cosmetics and personal care products, Home care products, Therapeutic massage oil, Pharmaceutical and Other) and major geographies with country level break-up.
Albert Vieille (France), Berje (United States), Elixens (United States), Ernesto Ventos (Spain), Fleurchem (United States), H.Interdonati (United States), Indukern Internacional (Spain), Penta Manufacturing Company (United States), Robertet Group (France) and Ultra-international (India) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Treatt Plc (United Kingdom), PerfumersWorld (Thailand) and Ungerer & Company (United States).
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Basil Oil market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Basil Oil market by Type, Application and Region.
On the basis of geography, the market of Basil Oil has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Benefits Such as Improved Digestion, Alertness, and Others
- Wide Range of Uses of Basil Oil
- Increasing Use of Cosmetic Products with Natural Ingredients
- Increased Awareness About the Health Benefits
- Availability of Alternative Products
- Increased Disposable Income
- Increased Demand 0f Stress Reducing Solutions
- Health Issues After Consumption or Applying Basil Oil
Market Leaders and some development strategies
On December 2019, Robertet Group has announced the acquisition of a majority stake in Sirius which is organic and natural raw material developer. This investment provides opportunity for the Robertet Group to offer a range of well-being products.
Key Target AudienceManufacturers, Raw material suppliers, Government associations, Research organisations and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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