Worldwide Market Reports Recently Added Premium Research Reports on ” Frankincense Extract Market 2026” Which Gives in-depth Analysis of Regional data with Size and Share of Top 10 Players in the Globes.
Frankincense extract, also known as Boswellia, is an herbal extract obtained from the Boswellia serrata tree. The four main species of Boswellia, which includes B. sacra, B. frereana, B. papyrifera, and B. serrata, together forms true frankincense and different grades of each type of resin are available. It has strong anti-inflammatory and anticancer effects.

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When inflammation-lowering medications and supplements were not available, extracts derived from different species of boswellia tree were used for the treatment of inflammatory conditions such as arthritis, inflammatory bowel disease, and heart disease. It also finds application in food industries, medicine, skin care, and others. Frankincense oil contains alpha pinene, actanol, bornyl acetate, linalool, octyl acetate, incensole, incensyl acetate, p-pinene, camphene, dipentene, and phellandrene.

The rapid expansion of food industries and increasing consumer disposable incomes are expected to drive growth of the global frankincense extract market. Health benefits associated with frankincense oil will increase the demand for it, thereby boosting growth of the frankincense extract market. Moreover, increasing applications in aromatherapy and rising demand for fragrances and flavors in personal care are also expected to propel the frankincense extract market growth.

However, side effects such as nausea, diarrhea, and skin rashes caused by frankincense extract and in some cases, interaction of the extract with medications are expected to hamper growth of the global frankincense extract market.

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Key Developments in Frankincense Extract Market

Key players are adopting various strategies such as mergers, acquisitions, new product launches, expansions, collaborations, partnerships, approvals, and joint ventures to retain its position in the frankincense extract market. On June 15, 2016, doTERRA international executives and sales leaders inaugurated its new distillery that is located in Bulgaria. Also, doTERRA funded a study that provides the first evidence of the biological activities of frankincense essential oil (FREO) in human dermal fibroblasts, which was conducted by its employees.

The Omani government-funded research used the compound AKBA (acetyl-11-keto-beta-boswellic acid) in their research and found that frankincense has the ability to target cancer cells in late-stage ovarian cancer patients.

Some of the major players operating in the global frankincense extract market AMeO, De Monchy Aromatics, DoTERRA, AOS Products Private Limited, Nature’s Sunshine Products, TriVita, Edens Garden, Radha Beauty, Majestic Pure, Prime Natural, Mountain Rose Herbs, and Fabulous Frannie among others.

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