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Frankincense Essential Oil Market, Global Outlook and Forecast 2023-2032

This report aims to provide a comprehensive presentation of the global market for Frankincense Essential Oil, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Frankincense Essential Oil. This report contains market size and forecasts of Frankincense Essential Oil in global, including the following market information:


  • Global Frankincense Essential Oil Market Revenue, 2018-2023, 2024-2032, ($ millions)

  • Global Frankincense Essential Oil Market Sales, 2018-2023, 2024-2032, (K MT)



Global top five Frankincense Essential Oil companies in 2022 (%)

The global Frankincense Essential Oil market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.

Below 85% Segment to Reach $ Million by 2029, with a % CAGR in next six years.

The global key manufacturers of Frankincense Essential Oil include AMBE PHYTOEXTRACTS PRIVATE LIMITED(IN), AROMAAZ INTERNATIONAL(IN), AVA PLANT CO., LTD.(TH), BO INTERNATIONAL(IN), Cn Lab Canada, Asian Group(CA), ECUADORIAN RAINFOREST, LLC.(US), Harry Baba(IN), Herblink Biotech Corporation (CN) and KANTA ENTERPRISES PRIVATE LIMITED(IN), etc. in 2022, the global top five players have a share approximately % in terms of revenue.

We surveyed the Frankincense Essential Oil manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Frankincense Essential Oil Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (K MT)

Global Frankincense Essential Oil Market Segment Percentages, by Type, 2022 (%)


  • Below 85%

  • 85%-90%

  • 90%-95%

  • Above 95%

Global Frankincense Essential Oil Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (K MT)

Global Frankincense Essential Oil Market Segment Percentages, by Application, 2022 (%)


  • Research Uses

  • Drug Formula

  • Dietic Foods

  • Cosmetics

  • Others

Global Frankincense Essential Oil Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (K MT)

Global Frankincense Essential Oil Market Segment Percentages, By Region and Country, 2022 (%)


  • North America (United States, Canada, Mexico)

  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)

  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)

  • The Middle East and Africa (Middle East, Africa)

  • South and Central America (Brazil, Argentina, Rest of SCA)

Competitor Analysis


  • The report also provides analysis of leading market participants including:

  • Key companies Frankincense Essential Oil revenues in global market, 2018-2023 (Estimated), ($ millions)

  • Key companies Frankincense Essential Oil revenues share in global market, 2022 (%)

  • Key companies Frankincense Essential Oil sales in global market, 2018-2023 (Estimated), (K MT)

  • Key companies Frankincense Essential Oil sales share in global market, 2022 (%)

Key players include:


  • AMBE PHYTOEXTRACTS PRIVATE LIMITED(IN)

  • AROMAAZ INTERNATIONAL(IN)

  • AVA PLANT CO., LTD.(TH)

  • BO INTERNATIONAL(IN)

  • Cn Lab Canada, Asian Group(CA)

  • ECUADORIAN RAINFOREST, LLC.(US)

  • Harry Baba(IN)

  • Herblink Biotech Corporation (CN)

  • KANTA ENTERPRISES PRIVATE LIMITED(IN)

  • KARMOTECH(BG)

  • KATYANI EXPORTS(IN)

  • KOPRULU MAKINA HIRDAVAT INSAAT TARIM GIDA BIYO ENERJI KIMYA SANAYI VE TICARET LIMITED SIRKETI(TR)

  • LALA JAGDISH PRASAD & CO.(IN)

  • NGAI TIN ENTERPRISE - CHELSEA(MO)

  • NUVARIA INGREDIENTS(US)

  • Organic Herb Inc. (CN)

  • PRAVEEN AROMA PVT LTD(IN)

  • Shaanxi Orient Industrial Co., Ltd.(CN)

  • Xian Fengzu Biotechnology Co., Ltd.(CN)

  • ZEN SUPPLEMENTS LTD(UK)

  • Zhong Tang (Dalian) Materials Co., Ltd.(CN)


Outline of Major Chapters:

Chapter 1: Introduces the definition of Frankincense Essential Oil, market overview.

Chapter 2: Global Frankincense Essential Oil market size in revenue and volume.

Chapter 3: Detailed analysis of Frankincense Essential Oil manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Frankincense Essential Oil in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Frankincense Essential Oil capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.


Table of content

1 Introduction to Research & Analysis Reports 1.1 Frankincense Essential Oil Market Definition 1.2 Market Segments 1.2.1 Market by Type 1.2.2 Market by Application 1.3 Global Frankincense Essential Oil Market Overview 1.4 Features & Benefits of This Report 1.5 Methodology & Sources of Information 1.5.1 Research Methodology 1.5.2 Research Process 1.5.3 Base Year 1.5.4 Report Assumptions & Caveats 2 Global Frankincense Essential Oil Overall Market Size 2.1 Global Frankincense Essential Oil Market Size: 2022 VS 2032 2.2 Global Frankincense Essential Oil Revenue, Prospects & Forecasts: 2018-2032 2.3 Global Frankincense Essential Oil Sales: 2018-2032 3 Company Landscape 3.1 Top Frankincense Essential Oil Players in Global Market 3.2 Top Global Frankincense Essential Oil Companies Ranked by Revenue 3.3 Global Frankincense Essential Oil Revenue by Companies 3.4 Global Frankincense Essential Oil Sales by Companies 3.5 Global Frankincense Essential Oil Price by Manufacturer (2018-2023) 3.6 Top 3 and Top 5 Frankincense Essential Oil Companies in Global Market, by Revenue in 2022 3.7 Global Manufacturers Frankincense Essential Oil Product Type 3.8 Tier 1, Tier 2 and Tier 3 Frankincense Essential Oil Players in Global Market 3.8.1 List of Global Tier 1 Frankincense Essential Oil Companies 3.8.2 List of Global Tier 2 and Tier 3 Frankince

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