Due to an increase in products due to an increase in health-related problems, consumers are favoring food and beverage items with natural components. In the food and beverage business, frankincense extracts are used as stabilizers, emulsifiers, and flavors, giving producers a chance to grow and expand the market.
Based on form, end use, and geography, the frankincense extract market is divided into subgroups. The market is divided into three categories based on form: oil, powder, and resin. It is divided into categories for food and drink, pharmaceutical, pesticide, aromatherapy, and others based on the ultimate use.
The long-term effects of COVID-19 are anticipated to have an effect on the industry to expand over the forecast period. COVID-19 was an unparalleled global public health emergency that had an impact on almost every sector.
The market for Frankincense Extracts worldwide was estimated to be worth $302.1 million in 2022.
Prominent Companies in the Frankincense Extracts Industry:
1) De Monchy Aromatics Limited: Founded in 1851 as a commercial firm with a concentration on Rotterdam. Your distributor and market consultant is De Monchy International. Products for thermoplastics, coatings, waxes, adhesives, and culinary components are our areas of expertise. We connect top product manufacturers with businesses who use their products thanks to our strong network. Headquarters at Holton Heath Industrial Park's Blackhill Road.
2) AOS Products Private Limited: AOS Products Private Limited was established in 2009 with the goal of offering natural goods that are pure, of the highest quality, and well suited for the pharmaceutical, food, and cosmetic industries. The business operates three cutting-edge manufacturing facilities in Ghaziabad that employ cutting-edge technologies for packaging, quality control, and production. Manufacturer from Ghaziabad, India, Aos Products Pvt Ltd.
3) Edens Garden Inc.: Giving people access to healthy, safe, and toxic-free aromatherapy choices at an accessible price is one way businesses can share their love of nature with others. created in 2009. San Clemente, California, in the United States, is where Edens Garden is situated.
4) Prime Natural Beauty: The services, goods, and accessories offered by Prime Naturals Beauty for hair locking are of the highest calibre. master loctitian with more than ten years of expertise working with natural hair. committed to fostering and advancing natural beauty and hair.
5) Phyto Life Sciences P. Ltd.: The first business to produce natural and herbal extracts in Gujarat is Phyto Life Sciences P. Ltd. a fully computerised company with technology. On October 12, 2007, Phyto Life Sciences Private Limited, a non-government organisation, was established
