Industry: Chemical & Material
Published Date: 2026-07-09
Pages: 132 Pages
Report ld: 6860182
Request Sample
Customized Report
Boswellia Serrata Extract Market Size(US$)

CAGR 2026-2032
3.5%
Market Size,2032
USD 166
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for Boswellia Serrata Extract was estimated to be worth US$ 131 million in 2025 and is projected to reach US$ 166 million, growing at a CAGR of 3.5% from 2026 to 2032.
The potential shifts in the 2025 U.S. tariff framework pose substantial volatility risks to global markets. This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Boswellia Serrata Extract cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Boswellia serrata is Indian frankincense or Salai. It is found in Rajasthan and Madhya Pradesh in India.
Plant extracts are substances or active substances with desired properties extracted from plant tissue and processed for a specific purpose. It is used in various fields, such as health foods, therapeutic drugs, cosmetics, processing aids, additives chemical substitutes. The market’s growth is driven by lifestyle changes, consumer awareness, increasing use of products based on natural ingredients, and biotechnology breakthroughs. Additionally, macroeconomic variables such as rising consumer disposable income, research and development, imports and exports, growth in the agriculture industry, population aging, and population growth have positively impacted the demand for plant extracts in recent years. It is also becoming increasingly popular in cosmetics, perfumes, pharmaceuticals, and dietary supplements. The plant extracts market was valued at USD 31.84 billion in 2022 and is expected to grow at a CAGR of 11.3% during the forecast period.
This report provides a comprehensive view of the global market for Boswellia Serrata Extract, covering total sales volume, sales revenue, pricing, the market share and ranking of key companies, along with analyses by region & country, by Type, and by Application.
The Boswellia Serrata Extract market size, estimations, and forecasts are presented in terms of sales volume (MT) and revenue ($ millions), with 2025 as the base year and historical and forecast data from 2021 to 2032. The report combines quantitative and qualitative analysis to help readers develop growth strategies, assess the competitive landscape, evaluate their position in the current marketplace, and make informed business decisions regarding Boswellia Serrata Extract.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the scope of the report and the global market size (value, volume, and price). It also summarizes market dynamics and Recent Developments; identifies key drivers and restraints; outlines challenges and risks for manufacturers; reviews relevant industry policies and U.S. tariff implications.
Chapter 2: Provides a detailed analysis of the Boswellia Serrata Extract manufacturers' competitive landscape—including pricing, sales and revenue shares, Recent Developments plans, and mergers and acquisitions (M&A).
Chapter 3: Analyzes market segmentation by Type, presenting the size and growth potential of each segment to help readers identify blue-ocean opportunities.
Chapter 4: Analyzes market segmentation by Application, presenting the size and growth potential of each downstream segment to help readers identify blue-ocean opportunities.
Chapter 5: Presents Boswellia Serrata Extract sales and revenue at the regional level. It offers a quantitative assessment of market size and growth potential by region and summarizes market development, future prospects, addressable space, and country-level market size worldwide.
Chapter 6: Presents Boswellia Serrata Extract sales and revenue at the country level. It provides segmented data by Type and by Application for each country/region.
Chapter 7: Profiles key players, detailing the main companies' product sales, revenue, pricing, gross margin, product portfolios, Recent Developments, etc.
Chapter 8: Analyzes the industry value chain, including upstream suppliers and downstream applications/customers.
Chapter 9: Conclusion.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Market Overview
1.1 Boswellia Serrata Extract Product Introduction
1.2 Global Boswellia Serrata Extract Market Size Forecast
1.2.1 Global Boswellia Serrata Extract Sales Value (2021–2032)
1.2.2 Global Boswellia Serrata Extract Sales Volume (2021–2032)
1.2.3 Global Boswellia Serrata Extract Sales Price (2021–2032)
1.3 Boswellia Serrata Extract Market Trends & Drivers
1.3.1 Boswellia Serrata Extract Industry Trends
1.3.2 Boswellia Serrata Extract Market Drivers & Opportunities
1.3.3 Boswellia Serrata Extract Market Challenges
1.3.4 Boswellia Serrata Extract Market Restraints
1.3.5 Impact of U.S. Tariffs
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Boswellia Serrata Extract Players Revenue Ranking (2025)
2.2 Global Boswellia Serrata Extract Revenue by Company (2021–2026)
2.3 Global Boswellia Serrata Extract Sales Volume Ranking of Players (2025)
2.4 Global Boswellia Serrata Extract Sales Volume by Company (2021–2026)
2.5 Global Boswellia Serrata Extract Average Price by Company (2021–2026)
2.6 Key Manufacturers Boswellia Serrata Extract Manufacturing Base and Headquarters
2.7 Key Manufacturers Boswellia Serrata Extract Product Offerings
2.8 Key Manufacturers Start of Mass Production of Boswellia Serrata Extract
2.9 Boswellia Serrata Extract Market Competitive Analysis
2.9.1 Boswellia Serrata Extract Market Concentration Rate (2021–2026)
2.9.2 Global 5 and 10 Largest Manufacturers by Boswellia Serrata Extract Revenue in 2025
2.9.3 Global Companies by Tier (Tier 1, Tier 2, Tier 3), based on Boswellia Serrata Extract revenue, 2025
2.10 Mergers & Acquisitions and Expansion
3 Segmentation Boswellia Serrata Extract Market Classification
3.1 Introduction by Type
3.1.1 0.65
3.1.2 0.9
3.1.3 Others
3.1.4 Global Boswellia Serrata Extract Sales Value by Type
3.1.4.1 Global Boswellia Serrata Extract Sales Value by Type (2021 vs 2025 vs 2032)
3.1.4.2 Global Boswellia Serrata Extract Sales Value, by Type (2021–2032)
3.1.4.3 Global Boswellia Serrata Extract Sales Value, by Type (%), 2021–2032
3.1.5 Global Boswellia Serrata Extract Sales Volume by Type
3.1.5.1 Global Boswellia Serrata Extract Sales Volume by Type (2021 vs 2025 vs 2032)
3.1.5.2 Global Boswellia Serrata Extract Sales Volume, by Type (2021–2032)
3.1.5.3 Global Boswellia Serrata Extract Sales Volume, by Type (%), 2021–2032
3.1.6 Global Boswellia Serrata Extract Average Price by Type (2021–2032)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Food Industry
4.1.2 Pharmaceuticals Industry
4.1.3 Others
4.2 Global Boswellia Serrata Extract Sales Value by Application
4.2.1 Global Boswellia Serrata Extract Sales Value by Application (2021 vs 2025 vs 2032)
4.2.2 Global Boswellia Serrata Extract Sales Value, by Application (2021–2032)
4.2.3 Global Boswellia Serrata Extract Sales Value, by Application (%), 2021–2032
4.3 Global Boswellia Serrata Extract Sales Volume by Application
4.3.1 Global Boswellia Serrata Extract Sales Volume by Application (2021 vs 2025 vs 2032)
4.3.2 Global Boswellia Serrata Extract Sales Volume, by Application (2021–2032)
4.3.3 Global Boswellia Serrata Extract Sales Volume, by Application (%), 2021–2032
4.4 Global Boswellia Serrata Extract Average Price by Application (2021–2032)
5 Segmentation by Region
5.1 Global Boswellia Serrata Extract Sales Value by Region
5.1.1 Global Boswellia Serrata Extract Sales Value by Region: 2021 vs 2025 vs 2032
5.1.2 Global Boswellia Serrata Extract Sales Value by Region (2021–2026)
5.1.3 Global Boswellia Serrata Extract Sales Value by Region (2027–2032)
5.1.4 Global Boswellia Serrata Extract Sales Value by Region (%), 2021–2032
5.2 Global Boswellia Serrata Extract Sales Volume by Region
5.2.1 Global Boswellia Serrata Extract Sales Volume by Region: 2021 vs 2025 vs 2032
5.2.2 Global Boswellia Serrata Extract Sales Volume by Region (2021–2026)
5.2.3 Global Boswellia Serrata Extract Sales Volume by Region (2027–2032)
5.2.4 Global Boswellia Serrata Extract Sales Volume by Region (%), 2021–2032
5.3 Global Boswellia Serrata Extract Average Price by Region (2021–2032)
5.4 North America
5.4.1 North America Boswellia Serrata Extract Sales Value, 2021–2032
5.4.2 North America Boswellia Serrata Extract Sales Value by Country (%), 2025 vs 2032
5.5 Europe
5.5.1 Europe Boswellia Serrata Extract Sales Value, 2021–2032
5.5.2 Europe Boswellia Serrata Extract Sales Value by Country (%), 2025 vs 2032
5.6 Asia Pacific
5.6.1 Asia Pacific Boswellia Serrata Extract Sales Value, 2021–2032
5.6.2 Asia Pacific Boswellia Serrata Extract Sales Value by Region (%), 2025 vs 2032
5.7 South America
5.7.1 South America Boswellia Serrata Extract Sales Value, 2021–2032
5.7.2 South America Boswellia Serrata Extract Sales Value by Country (%), 2025 vs 2032
5.8 Middle East & Africa
5.8.1 Middle East & Africa Boswellia Serrata Extract Sales Value, 2021–2032
5.8.2 Middle East & Africa Boswellia Serrata Extract Sales Value by Country (%), 2025 vs 2032
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Boswellia Serrata Extract Sales Value Growth Trends, 2021 vs 2025 vs 2032
6.2 Key Countries/Regions Boswellia Serrata Extract Sales Value and Sales Volume
6.2.1 Key Countries/Regions Boswellia Serrata Extract Sales Value, 2021–2032
6.2.2 Key Countries/Regions Boswellia Serrata Extract Sales Volume, 2021–2032
6.3 United States
6.3.1 United States Boswellia Serrata Extract Sales Value, 2021–2032
6.3.2 United States Boswellia Serrata Extract Sales Value by Type (%), 2025 vs 2032
6.3.3 United States Boswellia Serrata Extract Sales Value by Application, 2025 vs 2032
6.4 Europe
6.4.1 Europe Boswellia Serrata Extract Sales Value, 2021–2032
6.4.2 Europe Boswellia Serrata Extract Sales Value by Type (%), 2025 vs 2032
6.4.3 Europe Boswellia Serrata Extract Sales Value by Application, 2025 vs 2032
6.5 China
6.5.1 China Boswellia Serrata Extract Sales Value, 2021–2032
6.5.2 China Boswellia Serrata Extract Sales Value by Type (%), 2025 vs 2032
6.5.3 China Boswellia Serrata Extract Sales Value by Application, 2025 vs 2032
6.6 Japan
6.6.1 Japan Boswellia Serrata Extract Sales Value, 2021–2032
6.6.2 Japan Boswellia Serrata Extract Sales Value by Type (%), 2025 vs 2032
6.6.3 Japan Boswellia Serrata Extract Sales Value by Application, 2025 vs 2032
6.7 South Korea
6.7.1 South Korea Boswellia Serrata Extract Sales Value, 2021–2032
6.7.2 South Korea Boswellia Serrata Extract Sales Value by Type (%), 2025 vs 2032
6.7.3 South Korea Boswellia Serrata Extract Sales Value by Application, 2025 vs 2032
6.8 Southeast Asia
6.8.1 Southeast Asia Boswellia Serrata Extract Sales Value, 2021–2032
6.8.2 Southeast Asia Boswellia Serrata Extract Sales Value by Type (%), 2025 vs 2032
6.8.3 Southeast Asia Boswellia Serrata Extract Sales Value by Application, 2025 vs 2032
6.9 India
6.9.1 India Boswellia Serrata Extract Sales Value, 2021–2032
6.9.2 India Boswellia Serrata Extract Sales Value by Type (%), 2025 vs 2032
6.9.3 India Boswellia Serrata Extract Sales Value by Application, 2025 vs 2032
7 Company Profiles
7.1 Bio Component Research
7.1.1 Bio Component Research Company Information
7.1.2 Bio Component Research Introduction and Business Overview
7.1.3 Bio Component Research Boswellia Serrata Extract Sales, Revenue, Price and Gross Margin (2021–2026)
7.1.4 Bio Component Research Boswellia Serrata Extract Product Offerings
7.1.5 Bio Component Research Recent Developments
7.2 Siris Impex
7.2.1 Siris Impex Company Information
7.2.2 Siris Impex Introduction and Business Overview
7.2.3 Siris Impex Boswellia Serrata Extract Sales, Revenue, Price and Gross Margin (2021–2026)
7.2.4 Siris Impex Boswellia Serrata Extract Product Offerings
7.2.5 Siris Impex Recent Developments
7.3 Herbasian Industries Pakistan
7.3.1 Herbasian Industries Pakistan Company Information
7.3.2 Herbasian Industries Pakistan Introduction and Business Overview
7.3.3 Herbasian Industries Pakistan Boswellia Serrata Extract Sales, Revenue, Price and Gross Margin (2021–2026)
7.3.4 Herbasian Industries Pakistan Boswellia Serrata Extract Product Offerings
7.3.5 Herbasian Industries Pakistan Recent Developments
7.4 Xi’an Lyphar Biotech
7.4.1 Xi’an Lyphar Biotech Company Information
7.4.2 Xi’an Lyphar Biotech Introduction and Business Overview
7.4.3 Xi’an Lyphar Biotech Boswellia Serrata Extract Sales, Revenue, Price and Gross Margin (2021–2026)
7.4.4 Xi’an Lyphar Biotech Boswellia Serrata Extract Product Offerings
7.4.5 Xi’an Lyphar Biotech Recent Developments
7.5 Himalayan Herbaria
7.5.1 Himalayan Herbaria Company Information
7.5.2 Himalayan Herbaria Introduction and Business Overview
7.5.3 Himalayan Herbaria Boswellia Serrata Extract Sales, Revenue, Price and Gross Margin (2021–2026)
7.5.4 Himalayan Herbaria Boswellia Serrata Extract Product Offerings
7.5.5 Himalayan Herbaria Recent Developments
7.6 Sandhus
7.6.1 Sandhus Company Information
7.6.2 Sandhus Introduction and Business Overview
7.6.3 Sandhus Boswellia Serrata Extract Sales, Revenue, Price and Gross Margin (2021–2026)
7.6.4 Sandhus Boswellia Serrata Extract Product Offerings
7.6.5 Sandhus Recent Developments
7.7 Bioprex Labs
7.7.1 Bioprex Labs Company Information
7.7.2 Bioprex Labs Introduction and Business Overview
7.7.3 Bioprex Labs Boswellia Serrata Extract Sales, Revenue, Price and Gross Margin (2021–2026)
7.7.4 Bioprex Labs Boswellia Serrata Extract Product Offerings
7.7.5 Bioprex Labs Recent Developments
8 Industry Chain Analysis
8.1 Boswellia Serrata Extract Industrial Chain
8.2 Boswellia Serrata Extract Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Key Suppliers of Raw Materials
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customer Analysis)
8.5 Sales Model and Sales Channelss
8.5.1 Boswellia Serrata Extract Sales Model
8.5.2 Sales Channels
8.5.3 Boswellia Serrata Extract Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
Related Reports
The global Boswellia Serrata Extract market was valued at US$ 131 million in 2025 and is anticipated to reach US$ 166 million by 2032, at a CAGR of 3.5% from 2026 to 2032.
Published Date: 2026-04-25
Pages: 129
USD 2900.00
(Single User License)
The global Boswellia Serrata Extract market is projected to grow from US$ 127 million in 2024 to US$ 161 million by 2031, at a CAGR of 3.5% (2025-2031), driven by critical product segments and diverse end‑use applications, while evolving U.S. tariff policies introduce trade‑cost volatility and supply‑chain uncertainty.
Published Date: 2025-10-25
Pages: 136
USD 4900.00
(Single User License)
The global Boswellia Serrata Extract market size was US$ 127 million in 2024 and is forecast to a readjusted size of US$ 161 million by 2031 with a CAGR of 3.5% during the forecast period 2025-2031.
Published Date: 2025-02-21
Pages: 79
USD 4250.00
(Single User License)
The global market for Boswellia Serrata Extract was valued at US$ 127 million in the year 2024 and is projected to reach a revised size of US$ 161 million by 2031, growing at a CAGR of 3.5% during the forecast period.
Published Date: 2025-02-21
Pages: 89
USD 2900.00
(Single User License)
The global market for Boswellia Serrata Extract was estimated to be worth US$ 127 million in 2024 and is forecast to a readjusted size of US$ 161 million by 2031 with a CAGR of 3.5% during the forecast period 2025-2031.
Published Date: 2025-02-21
Pages: 97
USD 3950.00
(Single User License)
Boswelia Serrata is a gummy oleoresin extracted from the trunk of the tree is used to prepare modern herbal remedies.
Published Date: 2024-04-22
Pages: 109
USD 4900.00
(Single User License)
Boswellia serrata is Indian frankincense or Salai. It is found in Rajasthan and Madhya Pradesh in India.
Published Date: 2024-01-10
Pages: 91
USD 2900.00
(Single User License)
The global Boswellia Serrata Extract market was valued at US$ 131 million in 2025 and is anticipated to reach US$ 166 million by 2032, at a CAGR of 3.5% from 2026 to 2032.
Published: 2026-04-25
Pages: 129
The global Boswellia Serrata Extract market is projected to grow from US$ 127 million in 2024 to US$ 161 million by 2031, at a CAGR of 3.5% (2025-2031), driven by critical product segments and diverse end‑use applications, while evolving U.S. tariff policies introduce trade‑cost volatility and supply‑chain uncertainty.
Published: 2025-10-25
Pages: 136
The global Boswellia Serrata Extract market size was US$ 127 million in 2024 and is forecast to a readjusted size of US$ 161 million by 2031 with a CAGR of 3.5% during the forecast period 2025-2031.
Published: 2025-02-21
Pages: 79
The global market for Boswellia Serrata Extract was valued at US$ 127 million in the year 2024 and is projected to reach a revised size of US$ 161 million by 2031, growing at a CAGR of 3.5% during the forecast period.
Published: 2025-02-21
Pages: 89
The global market for Boswellia Serrata Extract was estimated to be worth US$ 127 million in 2024 and is forecast to a readjusted size of US$ 161 million by 2031 with a CAGR of 3.5% during the forecast period 2025-2031.
Published: 2025-02-21
Pages: 97
Boswelia Serrata is a gummy oleoresin extracted from the trunk of the tree is used to prepare modern herbal remedies.
Published: 2024-04-22
Pages: 109
Boswellia serrata is Indian frankincense or Salai. It is found in Rajasthan and Madhya Pradesh in India.
Published: 2024-01-10
Pages: 91
REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
INTEREST IN THIS REPORT?
Get A Free Sample
Request For Quotation
OR
NEED A CUSTOMIZED REPORT?
Customized Report
Request Sample
Pre-Order Enquiry
Add to Cart
Buy Now