Basil Extracts Market

Basil Extracts Market — Global Industry Insights, Trends,
Outlook, and Opportunity Analysis, 2018-2026
Basil Extracts Market Overview
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. Holy basil is
considered to be sacred, especially in the Indian subcontinent and thus the name.
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. 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. Thus, increasing application areas of basil extracts
is expected to significantly boost basil extracts market revenue over the forecast
period (2016–2024).
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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. 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). This creates a highly lucrative growth opportunity that has led
to the entry of new manufacturers in the basil extracts market recent past. Basil
extracts can also help alleviate various health issues such as diabetes by
lowering blood sugar, aid weight loss by enhancing various metabolic functions
of the body, and also helps improve blood circulation, in turn improving overall
cardiovascular health. It is also used to treat anxiety, adrenal fatigue, and
hyperthyroidism. Basil oil is a good source of Vitamin A, magnesium, iron,
calcium, and potassium and thus, is extensively used in the capsule form as a
health supplement. Besides, basil oil is also used for cooking dry fish and spicy
soups.
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Basil Extracts Market report categorizes global market by form, and application — Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2016–2024

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