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Boswellia Market: Herbal Medicine Attributes Create Demand for Boswellia

Press release Description

Albany, New York, January 9, 2019: Boswellia, also called as Indian frankincense, is rich in boswellic acids and substances that may have anti-inflammatory effects. Given the application of boswellia as herbal medicine to manage collagenous arthritis, asthma, menstrual cramps and ulcerative, boswellia is gaining popularity among consumers.

Owing to the use of boswellia serrate and other species in burned or essential oils as incense, the demand for boswellia has spurred. These excerpts are according to the report titled, “Boswellia Market—Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018-2026,” which has been added to the extensive repository of Market Research Reports Search Engine (MRRSE).

A shift towards natural personal care products is being witnessed due to the existence of toxic ingredients in the synthetic personal care products. Boswellia can help reduce appearance of fine lines and wrinkles and tames redness.

Historically used as painkiller, boswellia is found to be effective against arthritis. When taking boswellia extract, people with arthritis experience less swelling, enhanced movement and less knee pain. These attributes have had considerable impact in the augmentation of boswellia market.

A 2015 study published in the European Review for Medical and Pharmacological Sciences states boswellia may assist in reducing the need for inhalation therapy in people with persistent asthma. Meanwhile, given the side effects of boswellia causing diarrhea, acid reflux, nausea and allergic reactions, the growth of the market has been hampered.

Boswellia Market: Report Content

The report provides an exhaustive analysis on the boswellia market for the forecast period 2018-2026. The report gives insights on the market through qualitative and quantitative analysis. Furthermore, the report includes drivers, trends, opportunities and restraints that have considerable impact in the growth of the boswellia market. The report also includes the segregation of the market on the basis of product type, source, application, end-use and region.

The report starts with executive summary followed by market introduction and global economic outlook. The report further delves into the macro-economic factors and value chain analysis focusing on raw material suppliers, processors and end-use segments. The final section of the report incorporates competitive landscape with a dashboard view. This section sheds light on the financial overview, company overview, production footprint, sales footprint, recent developments and strategy overview. Some of the prominent companies delineated in the report are, namely, Alchem International, Arjuna Natural Ltd., Gurjar Phytochem Pvt. Ltd., and Alpspure LIfesciences Private Limited.

Boswellia Market: Research Methodology

The research methodology in this report includes primary sources, secondary resources and assessment from expert panel for the forecast period 2018-2026. Primary sources encompass telephonic interviews, e-mail interactions and face to face interviews. Whereas, the secondary sources incorporate annual reports, national government documents, SEC filings, investors’ presentation, World Bank database, internal and external proprietary database, market reports, industry white paper, regulatory database and statistical database. With the view to furnish readers with unbiased and authentic report, expert panel rigorously assesses the report.  The analysis of revenue forecast has been done on the basis of absolute dollar opportunity analysis.

Browse Full Global Boswellia Market Report with TOC :

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