Basil Extracts Market Growth 2018-2026 |Key Players 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. Different types of basil include Christmas basil, cinnamon basil, dark opal basil, lemon basil spicy bush basil, purple ruffles basil, lime basil, sweet basil and sweet Thai basil.

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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. Changing consumer preference characterized by higher inclination towards products made from natural ingredients is influencing major players in the pharmaceuticals and cosmetics industries to develop products using natural ingredients such as basil extracts. Basil extracts also finds application in minimal amount in food and beverages industry such as herbal tea and in preparation of pesto.

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. For instance, holy basil leaf extract decreases tumorigenicity and metastasis of aggressive human pancreatic cancer cells in vitro and in vivo and thus can lead to development of alternative therapies for treatment of lethal pancreatic cancer (National Center for Biotechnology Information, U.S. National Library of Medicine, 2013).

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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