Basil
Essential Oil is derived from Ocimum basilicum plant. It is also
known as European, French, common or sweet basil. The basil essential
oil has a watery viscosity and is pale greenish-yellow in color. The
aroma is evident, light and peppery and gives a nice, green top note
to blends. The oil basil essential oil is extracted by steam
distillation from the leaves and the flowering tops. Basil essential
oil has various chemical compounds that include a-pinene, camphene,
b-pinene, myrcene, limonene, cis-ocimene, camphor, linalool, methyl
chavicol, y-terpineol, citronellol, geraniol, methyl cinnamate and
eugenol. The basil essential oil are primarily from North Africa,
Cypress, Seychelles, and Europe.
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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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Basil
Essential Oil Market: Regional Outlook:
Basil
essential oil is popular in Europe, Asia-Pacific, and Middle East
Region. In terms of volume consumption European region is expected to
be dominant in global basil essential oil market. Asia-Pacific region
is anticipated to grow at significant pace over the forecast period.
The growth of personal care & cosmetic industry is expected to
drive the market for basil essential oil. The basil essential oil is
extensively used for culinary purposes in the Mediterranean region.
In Asian countries like India and China, basil essential oil has been
widely used for medicinal purposes for treatment of many diseases and
illness such as indigestion, stomach cramp, asthma, bronchitis,
bladder infection, stress disorder, which is further expected to
support the market growth during the forecast period.
Basil
Essential Oil: Drivers and Restraints:
Basil
essential oil market is expected to be driven by increasing awareness
for its associated health benefits and medicinal properties in its
contents. Basil essential oil market is growing with its increasing
application in personal care industry. The increase in a rate of
diseases caused such as asthma; bronchitis, digestion problem has
increased the consumption of medicine having ingredients of basil
essential oil which is expected to drive the market growth. Moreover,
increasing application of basil essential oil as an ingredient in
cosmetic industry is also driving the market.
The
cost factor of basil essential oil is a major factor hindring the
growth of market. Basil essential oil is used widely as ingredient in
cosmetic, personal care and healthcare industry which leads to
increase in cost of final products.
Basil
Essential Oil Market: Key Players:
Some
of the key players in this basil essential oil market are, d?TERRA
International, Gangotri Essential Oils Pvt. Ltd, Eskage – Eskamint
Schierholz GMBH, Life Resonance AG, Equinox Aromas and Bio Neuf.
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