Press release
Basil Extracts Market Growth 2018-2026 NOW Foods, Kefiplant, Amoretti, FLAVEX Naturextrakte GmbH
Holy basil also known as Ocimum sanctum, part of the Lamiaceae family, is an adaptogen that helps the human body to cope up with stress and helps improve mental balance. Basil extract is antiviral, antifungal, analgesic, antibacterial, and anti-inflammatory and thus, has myriad applications especially in the pharmaceuticals and cosmetics industries.
It is widely used in traditional medicines, with almost every part of the plant (leaves, stem, and seeds) used to prepare medicines. Extensive research studies have been conducted therapeutic properties of basil have led to Basil extracts have witnessed increased demand due to extensive use in medicinal and personal care products such as those used to cure infections such as keloids, raised scars, acne, and mouth ulcers. Basil extracts is also used in curing dental problems such as pyorrhea, bad breath, bleeding gums, tooth decay, and is also an effective antioxidant.
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Basil oil has wide range of health benefits and is used in treating nausea, indigestion, constipation, motion sickness, diabetes, and respiratory problems. A major application of basil extracts and one that is projected to be a major growth driver is its application in cancer treatment. Basil contains phytochemicals which help prevent chemical induced lung, skin, oral and skin cancers.
Asia Pacific is the major producer and consumer of basil extract and associated products, with India being the largest producer. The region is expected to retain its dominance in the basil extracts market over the forecast period.
Research and development of bioprocessed basil extracts is one of the key strategies adopted by the key players to stay ahead in the basil extracts market. Some of the major companies operating in the global basil extracts industry include NOW Foods, Kefiplant, Amoretti, FLAVEX Naturextrakte GmbH, A.M. Todd Botanical Therapeutics, DaXingAnLing Lingonberry Organic Foodstuffs Co., Ltd. and Arora Aromatics Pvt. Ltd.
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