Global Bursiera Oil Market: Growth Analysis and Forecast

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Global Bursiera Oil Market: Growth Analysis and Forecast

Market Overview

 Global Bursera Oil Market continues to demonstrate robust expansion, with its valuation reaching USD 36 million in 2024.

 According to the latest industry analysis, the market is projected to grow at a CAGR of 5.9%, reaching approximately USD 57 million by 2032.

Market Drivers

 The market is propelled by three main factors:

• The global shift toward plant-based pharmaceuticals

• Increasing demand for natural food additives

• Growing popularity of essential oils in wellness products.

Market Segmentation

By Type

Food Chemical Industry

Others

Key Companies

 MRT ORGANIC

Swapna Herbals

Toni Natural

Indo Asian Perfumers

 Others

Regional Analysis

North America : Currently leads the global Bursera oil market with a 38% revenue share, driven by strong demand from the pharmaceutical and personal care sectors.

Asia-Pacific:

Is witnessing the fastest growth, particularly in India and China, where traditional medicine practices incorporate Bursera oil. Europe: Follows closely, with Germany and France emerging as key consumption hubs for aromatherapy applications.

Latin America:

As the native growing region, serves as both a production base and emerging consumer market.

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