Boswellia
is also called as Indian frankincense which belongs to a family of resinous
trees well known for their aromatic oil. Boswellia trees grow in the dry,
mountainous forests of western and central India. They have a thick, papery
bark that yields a gum containing natural sugars, essential oils, and several
triterpene acids called as boswellic acids which are used in medicines.
Boswellia is a specific botanical plant known as Indian Olibanum. It is
non-toxic and has a history of usage in the pharmaceutical industry. Boswellia
powder is extracted and transformed into a liquid known as Shalaki extract.
Boswellia carries the astringent, bitter, and sweet tastes and is available at
herbal stores or health food stores.
According
to the study “Asia
Boswellia Industry Situation and Prospects Research Report”, it was
observed that there is an increasing adoption of boswellia in the
pharmaceutical industry and almost all the companies are producing various
types of products from its extract. Boswellia is used in many industries such
as food, beverage, cosmetics, spa treatment and aromatherapy. The medicinal
properties of Boswellia extract are antimicrobial activity that is used for the
treatment for cancerous diseases. Western world has not witnessed any market for
Boswellia extract but there is a huge market in India and Asia for many
decades. Boswellia extract is becoming popular amongst health-conscious
consumers and pharmaceutical manufacturers due to its multiple health and
medicinal benefits. With anti-cancer and anti-inflammatory properties, Bowellia
is used to treat inflammatory conditions, such as osteoarthritis, rheumatoid
arthritis, asthma, soothe sore muscles, used as mouthwash, infections and
ulcerative colitis. Treatment with boswellia is safe than other treatments
which cause side effects such as gastrointestinal bleeding.
The
leading players in global Boswellia extract market are Alchem International,
Arjuna Natural, Venkatesh Natural Extract Pvt Ltd., Now Foods, Alps Pure, Ambe
NS Agro Product Private Limited, Herbal Creations, Jayshree Nath Herbals,
Sanat, S.A. Hernal BioActives LLP, Marven Bio Chem, Manus Aktteva BioPharma
LLP, and Sydler India. Geographically, Asia Boswellia industry is spread across
China, Japan, India, Korea, Saudi Arabia and other regions. The leading vendors
in Asia Boswellia industry are BIO EXTRACT, Arjuna Natural Extracts Ltd, Alchem
International Pvt., KISALAYA HERBALS LTD, Kanakdhara Co, Giellepi S.p.A,
Streamline Pharma Private Limited, La-Medicca (India) Private Limited, Himalayan
Herbaria Inc. and Morning Star Impex.
The
anti-inflammatory properties and other medicinal properties in Boswellia
extract are encouraging the use of its products in Asian market. The
anti-cancer property has boosted the demand in the cosmetic industry because
consumer’s are demanding for products that do not require consumption of
medicines. Boswellia extract in cosmetics industry is used in cosmetics, spa,
and herbal treatment. Majority of the manufacturers in Asia are focusing on
launching more Boswellia extract based products and are investing significantly
more in research to develop new product ranges to expand their customer base
and enhance their regional presence. With the increasing use of boswellia, has
encouraged the market in Asia and will continue over the next few years due to
its great healing properties.
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Research
Ankur
Gupta, Head Marketing & Communications
0124-4230204
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