Basil Essential Oil Market: The Biggest Trends to Watch out for 2017-2025
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Basil essential oil is available in various type which includes scented basil oil, exotic basil, holy basil, sweet linalool basil and tropical basil. Scented basil oil and exotic basil oil have wide application in perfume or cosmetic industry. Holy basil and sweet linalool basil essential oil are gaining importance due wide usage in pharmaceutical industry.
Basil Essential Oil Market: Segmentation:
By nature, the basil essential oil market is segmented into organic and conventional. The organic basil essential oil segment is anticipated to dominate the conventional basil essential oil segment over the years. Organic products are considered to be healthier and pure, thus increasing acceptance for organic labelled products among the consumers is expected to support the segment growth over the forecast period.
Basil essential oil is segmented on the basis of application. It has its applications mainly in pharmaceutical industry, cosmetics industry and food industry. For instance, basil essential oil is a good tonic for the treatment of nervous disorders and stress related headaches, migraines, and allergies. It is used to clear the mind and relieve intellectual fatigue while giving clarity and mental strength. Whereas scented basil essential oil ranges from lemon, clove, and cinnamon in the aroma. Basil essential oil is also applicable in the food industry, where it used to enhance the flavor of many recipes.
Basil essential oil is further segmented on the basis of distribution channel, which includes direct and indirect channels. When it comes to indirect distribution, the market is sub-segmented into modern stores, medical stores and food stores.
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