Frankincense Extracts Market: Size, Growth, Regional Analysis, And Market Analysis
Frankincense: Frankincense, also known as olibanum, is made from the resin of the Boswellia tree, which grows in India, Africa, and the Middle East's mountainous regions. It has a woody, spicy aroma that can be inhaled, absorbed through the skin, steeped in tea, or taken as a supplement. In the past, frankincense was used as a medicine to treat ailments including arthritis and asthma. However, because of its anti-inflammatory, antibacterial, and antifungal qualities, frankincense extracts are increasingly used in pharmaceuticals. Market Growth: The increasing use of frankincense extracts in various applications by the pharmaceutical and cosmetic industries around the world is predicted to propel the global Frankincense Extracts Market forward. Furthermore, increasing public awareness of the anti-inflammatory, antioxidant, cytophylactic, antifungal, antibacterial and other health benefits connected with it have increased demand for frankincense extracts worldwide. This is another a