According to Goldstein Research, global basil extracts market is expected to reach USD 1.4 billion by 2024, growing at a CAGR of 6.40% over the forecast period 2016-2024.The basil extracts is majorly used in therapeutics as it has various health beneficial properties such as anti-oxidant so it has huge demand from the growing number of health conscious people, which is thus, driving the growth of the market. Global basil extracts market segmentation has beendoneon the basis of form of extract, end-user and geography. Healthcare industry is primary user of basil extracts in pharmaceuticals, having 42.1% market share in 2016.Global basil extracts market is largely dominated by Asia-Pacific region with 42.1% market share in 2016 as major production of basil is in Asia-Pacific region, such as in India, producing around 70% of the global basil essential oil.
Market Segmentation
On the basis of our in-depth analysis, Global Basil ExtractsMarket can be segmented as follows:
• By Form of extract
o Capsule
o Tablet
o Powder
o Soft gel
o Oil
• By End-User
o Personal Care industry
o Food and Beverages industry
o Healthcare industry
• By Region
o North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
o Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

“Global Basil Extracts MarketOutlook 2024”contains detailed overview of the globalbasil extracts market.On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by form of extract and end-user.
Further, for the in-depth analysis, Global Basil ExtractsMarket Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such asCroda ,Kefiplant , Cepham Inc., Amoretti, FLAVEX Naturextrakte GmbH, A.M. Todd Botanical Therapeutics, DaXingAnLingLingonberry Organic Foodstuffs Co., Ltd.,Arora Aromatics Pvt. Ltd.,etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents the global basil extracts market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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