Global Boswellia Market: Increasing Spending on Naturally Sourced Consumer Goods boosts Growth

Boswellia is an active compound extracted from a variety of different species of frankincense. Frankincense is an oleogum-resin, also known as olibanum. Boswellia is commonly found in the gum belt in Central Africa, the Middle East, India, and Pakistan. Different species are used in the production of resins, essential oils, and extracts. In our scope of study, the various applications of boswellia covered are its use in herbal medicinal products for joint health, as an anti-inflammatory, and for asthma, digestive disorders, and other applications and uses. Boswellia is also predominantly used as an essential oil for stress relief during aromatherapy.

A deficiency of fatty acids in the body leads to the attraction of various diseases, owing to which, senior citizens are more prone to diseases because of loss of appetite, weakening of the bones, joint pain, and the polluted environment. This can be addressed by consuming additional dietary supplements for joint health. Boswellia extracts possess anti-inflammatory properties that can be used as an effective painkiller in case of arthritis. This helps in the growth of the boswellia market.

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  • According to the United Nations Department of Economic and Social Affairs (UN-DESA) Population Division, in 2013, around 841 million people were aged 60 years and above as compared to 205 million people in 1950. The global population aged 60 and above is projected to go to over 2 billion by 2050.

Aromatherapy, is otherwise known as essential oil therapy, and refers to a range of traditional, alternative, or complementary therapies that use essential oils and other aromatic plant compounds.

  • The primary active ingredients of boswellia are two boswellic acids, which have been found to block the chemical reactions involved in inflammation. People with ulcerative colitis, rheumatoid arthritis, and other inflammatory conditions use it. The results of clinical research indicate that, boswellia acids can rival the anti-inflammatory actions of NSAIDs, without their side effects.

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