Trusted Press Release Distribution   Plans | Login    

Briefing Search
Keyword:
Category:

       

    
Author Details
Imarc Group
www.imarcgroup.com/
Kanika Sharma
sales@imarcgroup.com
8130434268
GB Nagar
Nehru Complex

Bookmark and Share
Basil Extract Market Share, Demand, Growth, Trends and Forecast 2024-2032
The global basil extract market size reached US$ 1.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 2.1 Billion by 2032, exhibiting a growth rate (CAGR) of 5.6% during 2024-2032.


Basil Extract Market
BriefingWire.com, 2/17/2024 - The latest report by IMARC Group, titled “Basil Extract Market Report by Type (Powder, Capsule, Oil), Application (Food and Beverages, Pharmaceuticals, Personal Care), and Region 2024-2032”, offers a comprehensive analysis of the industry, which comprises insights on the basil extract market share. The global market size reached US$ 1.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 2.1 Billion by 2032, exhibiting a growth rate (CAGR) of 5.6% during 2024-2032.

Factors Affecting the Growth of Basil Extract Industry:

Growing Awareness about Health Benefits:

The first significant factor fueling the basil extract market is the increasing awareness about its numerous health benefits. Basil is rich in antioxidants, vitamins, and essential oils that have been linked to various health advantages. These include anti-inflammatory properties, improved digestion, and potential anti-cancer effects. As consumers become more health-conscious, they are seeking natural remedies and supplements, leading to a rise in demand for basil extracts. Additionally, basil extract is gaining traction for its potential role in managing stress and anxiety. Its adaptogenic properties are of particular interest in the fast-paced world. As scientific research continues to validate these health benefits, consumers are increasingly incorporating basil extracts into their daily routines, driving market growth.

Expanding Use in Food and Beverage Industry:

Another significant driver of the basil extract market is its expanding application in the food and beverage industry. The unique flavor profile of Basil, with hints of sweetness and a mild peppery taste, makes it a versatile ingredient. It is commonly used in sauces, dressings, marinades, and even desserts. As consumers seek new and exotic flavors, basil extracts are finding their way into a wide range of culinary creations. Moreover, the natural green color of basil is appealing to manufacturers looking to replace artificial food colorings with natural alternatives. This trend toward clean labeling and natural ingredients has further boosted the demand for basil extracts in the food and beverage sector.

Competitive Landscape:

- Amoretti

- International Flavors & Fragrances Inc

- Kefiplant

- NOW Foods

- Plant Extracts International Inc.

- Synthite Industries Ltd

- Vidya Herbs Pvt. Ltd

For an in-depth analysis, you can request the sample copy of the report: https://www.imarcgroup.com/basil-extract-market/requestsample

Basil Extract Market Report Segmentation:

By Type:

- Powder

- Capsule

- Oil

By Application:

- Food and Beverages

- Pharmaceuticals

- Personal Care

Regional Insights:

North America

- United States

- Canada

Asia-Pacific

- China

- Japan

- India

- South Korea

- Australia

- Indonesia

-Others

Europe

- Germany

- France

- United Kingdom

- Italy

- Spain

- Russia

- Others

- Latin America

- Brazil

- Mexico

- Others

Middle East and Africa

Global Basil Extract Market Trends:

The global trend toward functional foods and nutraceuticals, which offer health benefits beyond basic nutrition, has driven the demand for basil extracts. These extracts are being incorporated into dietary supplements, energy drinks, and functional food products to enhance their nutritional value, thereby expanding their market presence.

 
 
FAQs | Contact Us | Terms & Conditions | Privacy Policy
© 2025 Proserve Technology, Inc.