Sample Global Frankincense Oil

Global Frankincense Oil Market Report
2022

GlobalFrankincenseOil Market Report 2022
2
Table of Content
Chapter 1 Executive Summary........................................................................................14
1.1 Global Frankincense Oil Market Report Scope:............................................................14
1.2 Global Frankincense Oil Market, 2016 – 2028, (USD Million)........................................15
1.3 Global Frankincense Oil Market: Snapshot..................................................................16
Chapter 2 Frankincense Oil Market Overview...............................................................17
2.1 Product Overview and Scope of Frankincense Oil ........................................................17
2.2 Frankincense Oil Segment by End Use Industry............................................................18
2.2.1 Global FrankincenseOil Revenue(USD Million) and Growth Rate (%)
Comparison by End Use Industry (2016-2022) .................................................. 18
2.2.2 Global FrankincenseOil RevenueMarket Share(%) by End Use Industry in
2020............................................................................................................. 18
2.2.3 Food ............................................................................................................ 19
2.2.4 Cosmetic ...................................................................................................... 20
2.2.5 Pharmaceutical............................................................................................. 21
2.2.6 Therapeutic .................................................................................................. 22
2.2.7 Others.......................................................................................................... 23
2.3 Frankincense Oil Segment by Type..............................................................................24
Comparison by Type (2016-2022).................................................................... 24
2.3.2 Global Frankincense Oil Revenue Market Share (%) by Type in 2020 .................. 24
2.3.3 Organic ........................................................................................................ 25
2.3.4 Conventional................................................................................................ 26
2.4 Global Frankincense Oil Market by Regions (2016-2022)..............................................27
2.4.1 Global FrankincenseOil Market Size and Growth Rate(%) Comparison by
Regions (2016-2022)...................................................................................... 27
2.5 Global Frankincense Oil Import by Regions (2016-2022) ..............................................28
2.6 Global Frankincense Oil Export by Regions (2016-2022) ...............................................28
2.6.1 North America Frankincense Oil Status and Prospect (2016-2028)...................... 29
2.6.2 Europe Frankincense Oil Status and Prospect (2016-2028)................................. 30
2.6.3 Asia Pacific Frankincense Oil Status and Prospect (2016-2028)........................... 31
2.6.4 Latin America Frankincense Oil Status and Prospect (2016-2028)....................... 32
2.6.5 Middle East and Africa Frankincense Oil Status and Prospect (2016-2028) .......... 33

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2.7 Global Frankincense Oil Market Size (2016-2028) ........................................................34
2.7.1 Global Frankincense Oil Revenue Status and Outlook (2016-2028)..................... 34
Chapter 3 Global Frankincense Oil Market Competition by Manufacturers
(Subject To Data Availability) ........................................................................35
3.1 Global Frankincense Oil Revenue and Share by Manufacturers (2016-2020) .................35
Chapter 4 COVID – 19 Impact Analysis on Frankincense Oil Market............................38
4.1 Global Market – COVID – 19 Impact Analysis...............................................................38
4.1.1 Influencing Factors........................................................................................ 39
4.1.2 Forecast Assumptions.................................................................................... 39
4.1.3 Impact of COVID-19 on Global Frankincense Oil Market.................................... 40
4.2 Consumer Buying Behavior on Global Frankincense Oil Market....................................41
4.3 Global Frankincense Oil Market – PESTEL Analysis.......................................................42
4.3.1 America........................................................................................................ 43
4.3.2 Europe......................................................................................................... 43
4.3.3 Asia Pacific ................................................................................................... 43
4.3.4 Latin America................................................................................................ 44
4.3.5 Middle East & Africa ...................................................................................... 44
4.4 Global Frankincense Oil Market – Porters Five Forces Analysis.....................................45
Chapter 5 Frankincense Oil Market – Industry Analysis................................................46
5.1 Market Drivers...........................................................................................................46
5.1.1 Drivers for Frankincense Oil Market: Impact Analysis ....................................... 46
5.2 Market Restraints.......................................................................................................47
5.2.1 Restraints for Frankincense Oil Market: Impact Analysis ................................... 47
5.3 Opportunity...............................................................................................................48
5.4 Market Attractiveness Analysis...................................................................................49
5.4.1 Market Attractiveness Analysis by Product Segment ........................................ 49
5.4.2 Market Attractiveness Analysis by Application................................................. 50
5.4.3 Market Attractiveness Analysis by Regional Segment....................................... 51
Chapter 6 Global Frankincense Oil Sales by Regions (2016-2022)................................52
6.1 Global Frankincense Oil Revenue and Market Share (%) by Regions (2016-2022)..........52
Chapter 7 North America Frankincense Oil Market Development Status and
Outlook...........................................................................................................54

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7.1 North America Frankincense Oil Market by Country, 2016-2022 ..................................54
7.2 North America Frankincense Oil Market Size (2016-2022)............................................54
7.2.1 North America FrankincenseOil Market (USD Million) Size by End Use
Industry (2016-2022) ..................................................................................... 55
7.2.2 North America FrankincenseOil Market (USD Million) Size by Type(2016-
2022) ........................................................................................................... 56
Chapter 8 Europe Frankincense Oil Market Development Status and Outlook...........57
8.1 Europe Frankincense Oil Market by Country, 2016-2022..............................................57
8.2 Europe Frankincense Oil Market Size (2016-2022) .......................................................57
8.2.1 EuropeFrankincenseOil Market (USD Million) Sizeby End Use Industry
(2016-2022) .................................................................................................. 58
8.2.2 Europe Frankincense Oil Market (USD Million) Size by Type (2016-2022)............ 59
Chapter 9 Asia Pacific Frankincense Oil Market Development Status and
Outlook...........................................................................................................60
9.1 Asia Pacific Frankincense Oil Market by Country, 2016-2022........................................60
9.2 Asia Pacific Frankincense Oil Market Size (2016-2022) .................................................60
9.2.1 Asia Pacific FrankincenseOil Market (USD Million) Size by End Use
Industry (2016-2022) ..................................................................................... 61
9.2.2 Asia Pacific FrankincenseOil Market (USD Million) Size by Type (2016-
2022) ........................................................................................................... 62
Chapter 10 Latin America Frankincense Oil Market Development Status and
Outlook...........................................................................................................63
10.1 Latin America Frankincense Oil Market by Country, 2016-2022....................................63
10.2 Latin America Frankincense Oil Market Size (2016-2022) .............................................63
10.2.1 Latin America FrankincenseOil Market (USD Million) Size by End Use
Industry (2016-2022) ..................................................................................... 64
10.2.2 Latin America FrankincenseOil Market (USD Million) Size by Type(2016-
2022) ........................................................................................................... 65
Chapter 11 Middle East and Africa Frankincense Oil Market Development
Status and Outlook ........................................................................................66
11.1 Middle East and Africa Frankincense Oil Market by Country, 2016-2022 ......................66
11.2 Middle East and Africa Frankincense Oil Market Size (2016-2022) ................................66
11.2.1 Middle East and Africa FrankincenseOil Market (USD Million) Size by End
Use Industry (2016-2022) ............................................................................... 67

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11.2.2 Middle East and Africa FrankincenseOil Market (USD Million) Size by Type
(2016-2022) .................................................................................................. 68
Chapter 12 Global Frankincense Oil Market Revenue (Value) by End Use
Industry...........................................................................................................69
12.1 Global Frankincense Oil Revenue and Market Share (%) by End Use Industry
(2016-2022)................................................................................................................69
Chapter 13 Global Frankincense Oil Market Revenue (Value) by Type..........................71
13.1 Global Frankincense Oil Revenue and Market Share (%) by Type (2016-2022) ..............71
Chapter 14 Global Frankincense Oil Manufacturers Profiles/Analysis...........................73
14.1 HEALING SOLUTIONS..................................................................................................73
14.1.1 HEALING SOLUTIONS Basic Information, Manufacturing Base, SalesArea
and its Competitors....................................................................................... 73
14.1.2 Frankincense Oil Types Specification............................................................... 73
14.1.3 Financials ..................................................................................................... 74
14.1.4 HEALING SOLUTIONS S.W.O.T Analysis............................................................ 75
14.1.5 Main Business/Business Overview.................................................................. 75
14.2 NOW HEALTH GROUP, INC..........................................................................................76
14.3 EDENS GARDEN..........................................................................................................76
14.4 YOUNG LIVING ESSENTIAL OILS...................................................................................76
14.5 PLANT THERAPY INC...................................................................................................76
14.6 NATURE'S SUNSHINE PRODUCTS INC...........................................................................76
14.7 SYSCOM CONSUMER PRODUCTS PVT. LTD ..................................................................76
14.8 ALBERT VIEILLE SAS ....................................................................................................76
14.9 AOS PRODUCTS PRIVATE LIMITED...............................................................................76
14.10 DOTERRA INTERNATIONAL .........................................................................................76
Chapter 15 Frankincense Oil Manufacturing Cost Analysis.............................................77
15.1 Key Raw Material Analysis..........................................................................................77
15.2 Key Distributors of Raw Materials...............................................................................78
15.3 Proportion of Manufacturing Cost Structure................................................................79
15.3.1 Labor Cost .................................................................................................... 80
15.3.2 USA Labor CostAnalysis.................................................................................. 80
15.3.3 EU Labor Costs Analysis ................................................................................. 80
15.3.4 China Labor Costs Analysis............................................................................. 81

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15.3.5 Manufacturing Expenses................................................................................ 81
Chapter 16 Market Effect Factors Analysis......................................................................82
16.1 Consumer Needs/Customer Preference Change ..........................................................82
16.2 Economic/Political Environmental Change ..................................................................82
Chapter 17 Industrial Chain, Sourcing Strategy, and Downstream Buyers ....................85
17.1 Frankincense Oil Chain Analysis..................................................................................85
17.2 List of Downstream Buyers .........................................................................................86
17.3 List of Distributors......................................................................................................87
Chapter 18 Marketing Strategy Analysis..........................................................................88
18.1 Marketing Channel.....................................................................................................88
18.1.1 Direct Marketing........................................................................................... 89
18.1.2 Indirect Marketing......................................................................................... 89
18.1.3 Indirect Marketing......................................................................................... 89
18.2 Market Positioning.....................................................................................................90
18.2.1 Pricing Strategy............................................................................................. 90
Chapter 19 Global Frankincense Oil Market Forecast (2022-2028)................................91
19.1 Global Frankincense Oil Revenue Forecast (2022-2028) ...............................................91
Forecast (2022-2028) ..................................................................................... 91
19.2 Global Frankincense Oil Revenue (USD Million) Forecast by Regions (2022-2028).........92
19.2.1 North America FrankincenseOil Revenue(USD Million) Forecast (2022-
2028) ........................................................................................................... 93
19.2.2 Europe Frankincense Oil Revenue (USD Million) Forecast (2022-2028) ............... 93
19.2.3 Asia Pacific Frankincense Oil Revenue (USD Million) Forecast (2022-2028).......... 93
19.2.4 Latin America FrankincenseOil Revenue(USD Million) Forecast (2022-
2028) ........................................................................................................... 94
19.2.5 Middle East and Africa FrankincenseOil Revenue(USD Million) Forecast
(2022-2028) .................................................................................................. 94
19.3 Global Frankincense Oil Revenue and Forecast by End Use Industry (2022-2028)..........96
19.4 Global Frankincense Oil Revenue and Forecast by Type (2022-2028) ............................96
Chapter 20 North America Frankincense Oil Market Forecast 2022- 2028....................98
20.1 North America............................................................................................................98
20.1.1 North America Frankincense Oil Market by Country, 2022-2028 ........................ 98

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20.1.2 North America Frankincense Oil Market Size (2022-2028) ................................. 99
20.1.3 North America FrankincenseOil Market (USD Million) Size by End Use
Industry (2022-2028) ................................................................................... 100
20.1.4 North America FrankincenseOil RevenueMarket Sizeby End Use Industry
2024........................................................................................................... 101
20.1.5 North America FrankincenseOil Market (USD Million) Size by Type(2022-
2028) ......................................................................................................... 101
20.1.6 North America Frankincense Oil Revenue Market Size by Type 2024................ 102
Chapter 21 Europe Frankincense Oil Market Forecast 2022- 2028...............................103
21.1 Europe ..................................................................................................................... 103
21.1.1 Europe Frankincense Oil Market by Country, 2022-2028 ................................. 103
21.1.2 Europe Frankincense Oil Market Size (2022-2028) .......................................... 104
21.1.3 EuropeFrankincenseOil Market (USD Million) Sizeby End Use Industry
(2022-2028) ................................................................................................ 105
21.1.4 Europe Frankincense Oil Revenue Market Size by End Use Industry 2024 ......... 106
21.1.5 Europe Frankincense Oil Market (USD Million) Size by Type (2022-2028).......... 106
21.1.6 Europe Frankincense Oil Revenue Market Size by Type 2024........................... 107
Chapter 22 Asia Pacific Frankincense Oil Market Forecast 2022- 2028........................108
22.1 Asia Pacific............................................................................................................... 108
22.1.1 Asia Pacific Frankincense Oil Market by Country, 2022-2028 ........................... 108
22.1.2 Asia Pacific Frankincense Oil Market Size (2022-2028) .................................... 109
22.1.3 Asia Pacific FrankincenseOil Market (USD Million) Size by End Use
Industry (2022-2028) ................................................................................... 110
22.1.4 Asia Pacific FrankincenseOil RevenueMarket Size by End Use Industry
2024........................................................................................................... 111
22.1.5 Asia Pacific FrankincenseOil Market (USD Million) Size by Type (2022-
2028) ......................................................................................................... 111
22.1.6 Asia Pacific Frankincense Oil Revenue Market Size by Type 2024 ..................... 112
Chapter 23 Latin America Frankincense Oil Market Forecast 2022- 2028....................113
23.1 Latin America........................................................................................................... 113
23.1.1 Latin America Frankincense Oil Market by Country, 2022-2028........................ 113
23.1.2 Latin America Frankincense Oil Market Size (2022-2028)................................. 114
23.1.3 Latin America FrankincenseOil Market (USD Million) Size by End Use
Industry (2022-2028) ................................................................................... 115

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23.1.4 Latin America FrankincenseOil RevenueMarket Size by End Use Industry
2024........................................................................................................... 116
23.1.5 Latin America FrankincenseOil Market (USD Million) Size by Type(2022-
2028) ......................................................................................................... 116
23.1.6 Latin America Frankincense Oil Revenue Market Size by Type 2024 ................. 117
Chapter 24 Middle East and Africa Frankincense Oil Market Forecast 2022-
2028 ..............................................................................................................118
24.1 Middle East and Africa.............................................................................................. 118
24.1.1 Middle East and Africa Frankincense Oil Market by Country, 2022-2028........... 118
24.1.2 Middle East and Africa Frankincense Oil Market Size (2022-2028).................... 119
24.1.3 Middle East and Africa FrankincenseOil Market (USD Million) Size by End
Use Industry (2022-2028) ............................................................................. 120
24.1.4 Middle East and Africa FrankincenseOil RevenueMarket Size by End Use
Industry 2024.............................................................................................. 121
24.1.5 Middle East and Africa FrankincenseOil Market (USD Million) Size by Type
(2022-2028) ................................................................................................ 121
24.1.6 Middle East and Africa FrankincenseOil RevenueMarket Size by Type
2024........................................................................................................... 122
Chapter 25 Research Findings and Conclusion ..............................................................124
25.1 Key Insights from Primary Interviews& Survey’s Respondents .................................. 124
25.2 Key Takeaways from Analysts, Consultants, and Industry Leaders.............................. 125
Chapter 26 Research Methodology................................................................................127
26.1.1 Secondary Research: ................................................................................... 128
26.1.2 Primary Research ........................................................................................ 129
26.2 Market Size Estimation Methodology........................................................................ 130
26.2.1 Market Value Is Estimated Using: Top-Down Analysis and Bottom-Up
Analysis...................................................................................................... 130
26.3 Data Triangulation.................................................................................................... 131

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List of Figures
FIG. 1 Regional Overview 14
FIG. 2 Global Frankincense Oil Market, 2016 – 2028, (USD Million) 15
FIG. 3 Global Frankincense Oil Revenue Market Share (%) by End Use Industry in 2020 18
FIG. 4 Global Food Market Revenue (USD Million) and Growth Rate (%), (2016 – 2028) 19
FIG. 5 Global Cosmetic Market Revenue (USD Million) and Growth Rate (%), (2016 –
2028) 20
FIG. 6 Global Pharmaceutical Market Revenue (USD Million) and Growth Rate (%), (2016
– 2028) 21
FIG. 7 Global Therapeutic Market Revenue (USD Million) and Growth Rate (%), (2016 –
2028) 22
FIG. 8 Global Others Market Revenue (USD Million) and Growth Rate (%), (2016 – 2028) 23
FIG. 9 Global Frankincense Oil Revenue Market Share (%) by Type in 2020 24
FIG. 10 Global Organic Market Revenue (USD Million) and Growth Rate (%), (2016 –
2028) 25
FIG. 11 Global Conventional Market Revenue (USD Million) and Growth Rate (%), (2016 –
2028) 26
FIG. 12 Global Frankincense Oil Market Size Comparison and Growth Rate (%) by
Regions (2016-2022) 27
FIG. 13 North America Frankincense Oil Revenue (USD Million) and Growth Rate (2016-
2028) 29
FIG. 14 Europe Frankincense Oil Revenue (USD Million) and Growth Rate (2016-2028) 30
FIG. 15 Asia Pacific Frankincense Oil Revenue (USD Million) and Growth Rate (2016-
2028) 31
FIG. 16 Latin America Frankincense Oil Revenue (USD Million) and Growth Rate (2016-
2028) 32
FIG. 17 Middle East and Africa Frankincense Oil Revenue (USD Million) and Growth Rate
(2016-2028) 33
FIG. 18 Global Frankincense Oil Revenue (USD Million) Status and Outlook (2016-2028) 34
FIG. 19 2018 Global Frankincense Oil Revenue Share by Manufacturers 37
FIG. 20 Global Frankincense Oil Market – PESTEL Analysis 42
FIG. 21 Porter’s five forces analysis 45
FIG. 1 Market Attractiveness Analysis by Product Segment 49
FIG. 2 Market Attractiveness Analysis by Application 50
FIG. 3 Market Attractiveness Analysis by Regional Segment 51
FIG. 4 Global Frankincense Oil Revenue Market Share (%) by Regions (2016-2022) 53
FIG. 5 Global Frankincense Oil Revenue Market Share (%) by Regions, 2020 53
FIG. 6 North America Frankincense Oil Market Share (%) by Country (2016-2022) 54
FIG. 7 North America Frankincense Oil Market Size by End Use Industry 2020 55
FIG. 8 North America Frankincense Oil Market Size by Type 2020 56
FIG. 9 Europe Frankincense Oil Market Share (%) by Country (2016-2022) 57

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FIG. 10 Europe Frankincense Oil Market Size by End Use Industry 2020 58
FIG. 11 Europe Frankincense Oil Market Size by Type 2020 59
FIG. 12 Asia Pacific Frankincense Oil Market Share (%) by Country (2016-2022) 60
FIG. 13 Asia Pacific Frankincense Oil Market Size by End Use Industry 2020 61
FIG. 14 Asia Pacific Frankincense Oil Market Size by Type 2020 62
FIG. 15 Latin America Frankincense Oil Market Share (%) by Country (2016-2022) 63
FIG. 16 Latin America Frankincense Oil Market Size by End Use Industry 2020 64
FIG. 17 Latin America Frankincense Oil Market Size by Type 2020 65
FIG. 18 Middle East and Africa Frankincense Oil Market Share (%) by Country (2016-
2022) 66
FIG. 19 Middle East and Africa Frankincense Oil Market Size by End Use Industry 2020 67
FIG. 20 Middle East and Africa Frankincense Oil Market Size by Type 2020 68
FIG. 21 Global Frankincense Oil Market Revenue Share (%) by End Use Industry (2016-
2022) 70
FIG. 22 2020 Revenue Market Share (%) of Frankincense Oil by End Use Industry 70
FIG. 23 Global Frankincense Oil Market Revenue Share (%) by Type (2016-2022) 72
FIG. 24 2020 Revenue Market Share (%) of Frankincense Oil by Type 72
FIG. 25 HEALING SOLUTIONS Revenue Market Share (%) (2016-2020) 74
FIG. 26 Price Trend of Key Raw Materials 77
FIG. 27 Manufacturing Cost Structure of Frankincense Oil 79
FIG. 28 Economic/Political Environmental Change 82
FIG. 29 Frankincense Oil Chain Analysis 85
FIG. 30 Marketing Channel Framework 88
FIG. 31 Global Frankincense Oil Revenue (USD Million) and Growth Rate (%) Forecast
(2022-2028) 91
FIG. 32 Global Frankincense Oil Revenue (USD Million) Market Share (%) Forecast by
Regions (2022-2028) 92
FIG. 33 North America Frankincense Oil Revenue (USD Million) and Growth Rate (%)
Forecast (2022-2028) 93
FIG. 34 Europe Frankincense Oil Revenue (USD Million) and Growth Rate (%) Forecast
(2022-2028) 93
FIG. 35 Asia Pacific Frankincense Oil Revenue (USD Million) and Growth Rate (%)
Forecast (2022-2028) 93
FIG. 36 Latin America Frankincense Oil Revenue (USD Million) and Growth Rate (%)
Forecast (2022-2028) 94
FIG. 37 Middle East and Africa Frankincense Oil Revenue (USD Million) and Growth Rate
(%) Forecast (2022-2028) 94
FIG. 38 Global Frankincense Oil Revenue Market Share (%) Forecast by End Use Industry
(2022-2028) 96
FIG. 39 Global Frankincense Oil Revenue Market Share (%) Forecast by Type (2022-
2028) 96
FIG. 40 North America Frankincense Oil Market Share (%) by Country (2022-2028) 99

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FIG. 41 North America Frankincense Oil Revenue Market Size by End Use Industry 2022 101
FIG. 42 North America Frankincense Oil Revenue Market Size by Type 2022 102
FIG. 43 Europe Frankincense Oil Market Share (%) by Country (2022-2028) 104
FIG. 44 Europe Frankincense Oil Revenue Market Size by End Use Industry 2022 106
FIG. 45 Europe Frankincense Oil Revenue Market Size by Type 2022 107
FIG. 46 Asia Pacific Frankincense Oil Market Share (%) by Country (2022-2028) 109
FIG. 47 Asia Pacific Frankincense Oil Revenue Market Size by End Use Industry 2022 111
FIG. 48 Asia Pacific Frankincense Oil Revenue Market Size by Type 2022 112
FIG. 49 Latin America Frankincense Oil Market Share (%) by Country (2022-2028) 114
FIG. 50 Latin America Frankincense Oil Revenue Market Size by End Use Industry 2022 116
FIG. 51 Latin America Frankincense Oil Revenue Market Size by Type 2022 117
FIG. 52 Middle East and Africa Frankincense Oil Market Share (%) by Country (2022-
2028) 119
FIG. 53 Middle East and Africa Frankincense Oil Revenue Market Size by End Use
Industry 2022 121
FIG. 54 Middle East and Africa Frankincense Oil Revenue Market Size by Type 2022 122
FIG. 55 Market Research Process 127
FIG. 56 Market Size Estimation Methodology: Bottom-Up and Top-Down Approach 130
FIG. 1 DATA Triangulation 131
List of Tables
TABLE 1 Market Snapshot 16
TABLE 2 Global Frankincense Oil Revenue (USD Million) and Growth Rate (%) Comparison
by End Use Industry (2016-2022) 18
TABLE 3 Global Frankincense Oil Revenue (USD Million) and Growth Rate (%) Comparison
by Type (2016-2022) 24
TABLE 4 Frankincense Oil Market Revenue (USD Million) Comparison by Regions (2016-
2028) 28
TABLE 5 Global Frankincense Oil Import by Regions (2016-2022) 28
TABLE 6 Global Frankincense Export by Regions (2016-2022) 28
TABLE 7 Global Frankincense Oil Revenue (USD Million) by Manufacturers (2016-2020) 35
TABLE 8 Global Frankincense Oil Revenue Share by Manufacturers (2016-2020) 36
TABLE 9 Drivers For Frankincense Oil Market: Impact Analysis 46
TABLE 10 Restraints For Frankincense Oil Market: Impact Analysis 47
TABLE 11 Global Frankincense Oil Revenue (USD Million) by Regions (2016-2022) 52
TABLE 12 Global Frankincense Oil Revenue Market Share (%) by Regions (2016-2022) 52
TABLE 13 North America Frankincense Oil Market by Country Revenue, 2016-2022 54
TABLE 14 North America Frankincense Oil Market (USD Million) Size by End Use Industry
(2016-2022) 55

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TABLE 15 North America Frankincense Oil Market (USD Million) Size by Type (2016-2022) 56
TABLE 16 Europe Frankincense Oil Market by Country Revenue, 2016-2022 57
TABLE 17 Europe Frankincense Oil Market (USD Million) Size by End Use Industry (2016-
2022) 58
TABLE 18 Europe Frankincense Oil Market (USD Million) Size by Type (2016-2022) 59
TABLE 19 Asia Pacific Frankincense Oil Market by Country Revenue, 2016-2022 60
TABLE 20 Asia Pacific Frankincense Oil Market (USD Million) Size by End Use Industry
(2016-2022) 61
TABLE 21 Asia Pacific Frankincense Oil Market (USD Million) Size by Type (2016-2022) 62
TABLE 22 Latin America Frankincense Oil Market by Country Revenue, 2016-2022 63
TABLE 23 Latin America Frankincense Oil Market (USD Million) Size by End Use Industry
(2016-2022) 64
TABLE 24 Latin America Frankincense Oil Market (USD Million) Size by Type (2016-2022) 65
TABLE 25 Middle East and Africa Frankincense Oil Market by Country Revenue, 2016-2022 66
TABLE 26 Middle East and Africa Frankincense Oil Market (USD Million) Size by End Use
Industry (2016-2022) 67
TABLE 27 Middle East and Africa Frankincense Oil Market (USD Million) Size by Type (2016-
2022) 68
TABLE 28 Global Frankincense Oil Revenue (USD Million) by End Use Industry (2016-2022) 69
TABLE 29 Global Frankincense Oil Revenue Share (%) by Type (2016-2022) 69
TABLE 30 Global Frankincense Oil Revenue (USD Million) by Type (2016-2022) 71
TABLE 31 Global Frankincense Oil Revenue Share (%) by Type (2016-2022) 71
TABLE 32 HEALING SOLUTIONS Basic Information, Manufacturing Base, Sales Area and Its
Competitors 73
TABLE 33 HEALING SOLUTIONS Revenue (USD Million), Gross Margin (%) and Market
Share (%) (2016-2020) 74
TABLE 34 Global Frankincense Oil Revenue (USD Million) Forecast by Regions (2022-2028) 92
TABLE 35 Global Frankincense Oil Revenue (USD Million) Forecast by End Use Industry
(2022-2028) 96
TABLE 36 Global Frankincense Oil Revenue (USD Million) Forecast by Type (2022-2028) 96
TABLE 37 North America Frankincense Oil Market by Country Revenue, 2022-2028 98
TABLE 40 Europe Frankincense Oil Market by Country Revenue, 2022-2028 103
TABLE 43 Asia Pacific Frankincense Oil Market by Country Revenue, 2022-2028 108
TABLE 46 Latin America Frankincense Oil Market by Country Revenue, 2022-2028 113

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TABLE 49 Middle East and Africa Frankincense Oil Market by Country Revenue, 2022-2028 118
TABLE 52 Secondary Research Sources that are typically referred to include, but are not
limited to: 128

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Chapter 1 Executive Summary
1.1 Global Frankincense Oil Market Report Scope:
FIG. 1 Regional Overview
Source: Secondary Research, Interviews, and Expert Analysis

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1.2 Global Frankincense Oil Market, 2016 – 2028, (USD Million)
The globalFrankincense Oil Market is valuedat USDxx Millionin 2016 andis expected to reach USDxx Million bythe endof
2028, growing at a CAGR of xx% between 2022 and2028.
FIG. 2 Global Frankincense Oil Market, 2016 – 2028, (USD Million)

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1.3 Global Frankincense Oil Market: Snapshot
TABLE 1 Market Snapshot
Frankincense Oil
Market
2016 2020
Global Revenue (USD
Million)
xx xx
CAGR (2022 – 2028) xx%
Key End Use Industry
Segment
(Revenue Share)
Food:xx%
Cosmetic:xx%
Pharmaceutical:xx%
Therapeutic:xx%
Others:xx%
Food:xx%
Cosmetic:xx%
Pharmaceutical:xx%
Therapeutic:xx%
Others:xx%
Key Type Segment
(Revenue Share)
Organic:xx%
Conventional:xx%
Organic:xx%
Conventional:xx%
Key Regional
Segment (Revenue
Share)
North America:xx%
Europe:xx%
Asia Pacific:xx%
Latin America:xx%
Middle East andAfrica:xx%
North America:xx%
Europe:xx%
Asia Pacific:xx%
Latin America:xx%
Middle East andAfrica:xx%
Driver xxxxxxxxxxxxxxxx
Restraint xxxxxxxxxxxxxxxx
Opportunity xxxxxxxxxxxxxxxx

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Chapter 2 Frankincense Oil Market Overview
2.1 Product Overview and Scope of Frankincense Oil

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2.2 Frankincense Oil Segment by End Use Industry
2.2.1 Gl obal Franki nc ens e Oi l Rev enu e ( US D Mi l l i on) and Gro wth Ra te ( %) Co mpari son
by End Use Industry (2016-2022)
TABLE 2 Global Frankincense Oil Revenue (USD Million) and Growth Rate (%) Comparison by End
Use Industry (2016-2022)
Market Segment Type 2016 2017 2018 2019 2020 2022
Food xx xx xx xx xx xx
-YOY (%) Xx Xx xx xx xx xx
Cosmetic xx xx xx xx xx xx
Pharmaceutical xx xx xx xx xx xx
Therapeutic xx xx xx xx xx xx
Others xx xx xx xx xx xx
Total xx xx xx xx xx xx
-YOY (%) xx xx xx xx xx xx
2.2.2 Gl obal Franki ncense Oi l Revenue Market Share (%) by End Use Industry i n 2020
FIG. 3 Global Frankincense Oil Revenue Market Share (%) by End Use Industry in 2020
Source: Secondary Research, Interviews, and Expert Analysis Secondary Research, Interviews, and Expert Analysis

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2.2.3 Food
In 2016, the Food Revenue (USD Million) was USDxx Millionandit expectedto reachat USD xx Million in2028
FIG. 4 Global Food Market Revenue (USD Million) and Growth Rate (%), (2016 – 2028)

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2.2.4 Cosmeti c
In 2016, the Cosmetic Revenue (USDMillion)was USDxx Millionandit expectedto reachat USDxx Million in 2028
FIG. 5 Global Cosmetic Market Revenue (USD Million) and Growth Rate (%), (2016 – 2028)

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2.2.5 Pharmaceuti cal
In 2016, the Pharmaceutical Revenue (USD Million) was USDxx Millionandit expectedto reachat USD xx Million in2028
FIG. 6 Global Pharmaceutical Market Revenue (USD Million) and Growth Rate (%), (2016 – 2028)

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2.2.6 Therapeuti c
In 2016, the Therapeutic Revenue (USD Million) was USDxx Million andit expectedto reachat USD xx Million in2028
FIG. 7 Global Therapeutic Market Revenue (USD Million) and Growth Rate (%), (2016 – 2028)

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2.2.7 Others
In 2016, the Others Revenue (USDMillion) wasUSD xx Million and it expected to reach at USDxx Millionin2028
FIG. 8 Global Others Market Revenue (USD Million) and Growth Rate (%), (2016 – 2028)

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2.3 Frankincense Oil Segment by Type
2.3.1 Gl obal Franki nc ens e Oi l Rev enu e ( US D Mi l l i on) and Gro wth Ra te ( %) Co mpari son
by Type (2016-2022)
TABLE 3 Global Frankincense Oil Revenue (USD Million) and Growth Rate (%) Comparison by Type
(2016-2022)
Market Segment Type 2016 2017 2018 2019 2020 2022
Organic xx xx xx xx xx xx
Conventional xx xx xx xx xx xx
-YOY (%) xx xx xx xx xx xx
2.3.2 Gl obal Franki ncense Oi l Revenue Market Share (%) by Type i n 2020
FIG. 9 Global Frankincense Oil Revenue Market Share (%) by Type in 2020

25
2.3.3 Organi c
In 2016, the Organic Revenue (USDMillion)was USDxx Million andit expectedto reachat USDxx Million in 2028
FIG. 10 Global Organic Market Revenue (USD Million) and Growth Rate (%), (2016 – 2028)

26
2.3.4 Conventi onal
In 2016, the Conventional Revenue (USDMillion)was USDxx Million andit expectedto reachat USDxx Million in 2028
FIG. 11 Global Conventional Market Revenue (USD Million) and Growth Rate (%), (2016 – 2028)

27
2.4 Global Frankincense Oil Market by Regions (2016-2022)
2.4.1 Gl obal Franki ncense Oi l Mark et Si ze and Gro wth Rate ( %) C o mpari son by Regi ons
(2016-2022)
FIG. 12 Global Frankincense Oil Market Size Comparison and Growth Rate (%) by Regions (2016-2022)

28
TABLE 4 Frankincense Oil Market Revenue (USD Million) Comparison by Regions (2016-2028)
Region 2016 2019 2028 Market
Share
(%) 2028
CAGR (%)
(2022-2028)
North America xx xx xx xx Xx
Europe xx xx xx xx Xx
Asia Pacific xx xx xx xx Xx
Latin America xx xx xx xx Xx
Middle East and Africa xx xx xx xx Xx
Total xx xx xx xx xx
2.5 Global Frankincense Oil Import by Regions (2016-2022)
TABLE 5 Global Frankincense Oil Import by Regions (2016-2022)
Regions 2016 2017 2018 2019 2020 2022
North America xx xx xx xx xx xx
Europe xx xx xx xx xx xx
Asia Pacific xx xx xx xx xx xx
Latin America xx xx xx xx xx xx
Middle East and Africa xx xx xx xx xx xx
2.6 Global Frankincense Oil Export by Regions (2016-2022)
TABLE 6 Global Frankincense Export by Regions (2016-2022)
Regions 2016 2017 2018 2019 2020 2022

29
2.6.1 North Ameri ca Franki ncense Oi l Status and Prospect (2016 -2028)
The North America Frankincense Oil market size was USDxx Millionin 2016 andit will be USDxx Millionin 2028.
FIG. 13 North America Frankincense Oil Revenue (USD Million) and Growth Rate (2016-2028)

30
2.6.2 Europe Franki ncense Oi l Status and Prospect (2016 -2028)
FIG. 14 Europe Frankincense Oil Revenue (USD Million) and Growth Rate (2016-2028)

31
2.6.3 Asi a Paci fi c Franki ncense Oi l Status and Prospect (2016 -2028)
FIG. 15 Asia Pacific Frankincense Oil Revenue (USD Million) and Growth Rate (2016-2028)

32
2.6.4 Lati n Ameri ca Franki ncense Oi l Status and Prospect (2016 -2028)
FIG. 16 Latin America Frankincense Oil Revenue (USD Million) and Growth Rate (2016-2028)

33
2.6.5 Mi ddl e East and Afri ca Franki ncense Oi l Status and Prospect (2016 -2028)
FIG. 17 Middle East and Africa Frankincense Oil Revenue (USD Million) and Growth Rate (2016-2028)

34
2.7 Global Frankincense Oil Market Size (2016-2028)
2.7.1 Gl obal Franki ncense Oi l Revenue Status and Outl ook (2016 -2028)
The global Frankincense Oil Market is valued at USD xx Million in 2016 and is expected to reach USD xx Million by the end of
2028.
FIG. 18 Global Frankincense Oil Revenue (USD Million) Status and Outlook (2016-2028)

35
Chapter 3 Global Frankincense Oil Market Competition by Manufacturers (Subject To Data
Availability)
3.1 Global Frankincense Oil Revenue and Share by Manufacturers (2016-2020)
TABLE 7 Global Frankincense Oil Revenue (USD Million) by Manufacturers (2016-2020)
Manufacturers 2016 2017 2018 2019 2020
HEALING SOLUTIONS xx xx xx xx xx
NOW HEALTH GROUP, INC. xx xx xx xx xx
EDENS GARDEN xx xx xx xx xx
YOUNG LIVING ESSENTIAL OILS xx xx xx xx xx
PLANT THERAPY INC. xx xx xx xx xx
NATURE'S SUNSHINE PRODUCTS INC. xx xx xx xx xx
SYSCOM CONSUMER PRODUCTS PVT. LTD xx xx xx xx xx
ALBERT VIEILLE SAS xx xx xx xx xx
AOS PRODUCTS PRIVATE LIMITED xx xx xx xx xx
DOTERRAINTERNATIONAL xx xx xx xx xx

36
TABLE 8 Global Frankincense Oil Revenue Share by Manufacturers (2016-2020)
Manufacturers 2016 2017 2018 2019 2020
HEALING SOLUTIONS xx xx xx xx xx
NOW HEALTH GROUP, INC. xx xx xx xx xx
EDENS GARDEN xx xx xx xx xx
YOUNG LIVING ESSENTIAL OILS xx xx xx xx xx
PLANT THERAPY INC. xx xx xx xx xx
NATURE'S SUNSHINE PRODUCTS INC. xx xx xx xx xx
SYSCOM CONSUMER PRODUCTS PVT. LTD xx xx xx xx xx
ALBERT VIEILLE SAS xx xx xx xx xx
AOS PRODUCTS PRIVATE LIMITED xx xx xx xx xx
DOTERRAINTERNATIONAL xx xx xx xx xx

37
FIG. 19 2018 Global Frankincense Oil Revenue Share by Manufacturers

38
Chapter 4 COVID – 19 Impact Analysis on Frankincense Oil Market
4.1 Global Market – COVID – 19 Impact Analysis
An analysis of the market developments between December 2019 to till date revealed that product commercialization,
developmental collaborations,and product distribution partnerships were adopted by market players to maintain a competitive
position in the Frankincense Oil market to mitigate the COVID-19 impact. Product commercialization was the most widely
adoptedgrowth strategy.

39
4.1.1 Infl uenci ng Factors
There are three major influencing factors:
• COVID-19 infectionrates
• Governments’ actions to control the pandemic
• The annualized monthlyGDPrates
4.1.2 Forecast Assumpti ons
AnnualizedmonthlyGDPgrowthrates will varybyregionandcountry.

40
4.1.3 Impact of COVID-19 on Gl obal Franki ncense Oi l Market
There is hardly any place in the world that has remained unaffected by the brutality of the Covid -19 pandemic, almost every
company is suffering from ruthless Novel Coronavirus Disease. To encompass the pandemic, many nations and Governments
around the world has imposed a lockdown, whichis restricting the gatherings and the movement of people. Along with this, the
transportation hasn’t been opened completely which also impacted import and export of chemical industry and there is also
shortage of raw-materials. In addition to this, the Covid-19 cases are increasing and government is re-imposing the lockdown
situation, hence there will be again shortage of workforce in the factories that may impact the business functioning. This re-
imposingof lockdownwill also impact the logistic & supplychain, which willshow the huge lossinthe industry.

41
4.2 Consumer Buying Behavior on Global Frankincense Oil Market
The COVID-19 (Coronavirus Disease)pandemic have forced many companies to halt theirbusiness operation in order to comply
with the new government regulations. Therefore, consumer’s priorities are more inclined towards basic needs, which increases
demand for hygiene, cleaning and staples products, while there is decrease in demand for non-essential categories products.
Moreover, consumers are also feeling anxious and worried, which lead them towards panic-buying of staples and hygiene
products. Along with this, in this pandemic crisis, consumers are also changing their buying preferences because there is ris e in
buy local trend, therefore consumers are migrating towards digital commerce for their grocery and other shopping instead of
buying it from physical stores.

42
4.3 Global Frankincense Oil Market – PESTEL Analysis
FIG. 20 Global Frankincense Oil Market – PESTEL Analysis

43
4.3.1 Ameri ca
4.3.2 Europe
4.3.3 Asi a Paci fi c

44
4.3.4 Lati n Ameri ca
4.3.5 Mi ddl e East & Afri ca

45
4.4 Global Frankincense Oil Market – PortersFive Forces Analysis
FIG. 21 Porter’s five forces analysis

46
Chapter 5 Frankincense Oil Market – Industry Analysis
5.1 Market Drivers
5.1.1 Dri vers for Franki ncense Oi l Market: Impact Anal ysi s
TABLE 9 Drivers For Frankincense Oil Market: Impact Analysis
Market drivers
2016 – 18 2019 – 21 2022 – 28
Impact
xxx xx x xx
xxx xx x xx
QualitativeAnalysis

47
5.2 Market Restraints
5.2.1 Restrai nts for Franki ncense Oi l Market: Impact Anal ysi s
TABLE 10 Restraints For Frankincense Oil Market: Impact Analysis
Market Restraints 2014–18 2018–22 2022–2028
Impact
xxx xx x xx
QualitativeAnalysis

48
5.3 Opportunity
QualitativeAnalysis

49
5.4 Market Attractiveness Analysis
5.4.1 Market Attracti veness Anal ysi s by Product Segment
FIG. 1 Market Attractiveness Analysis by Product Segment
Source: Cognitive Market Research
Qualitative Analysis
Market
Size
Market Attractiveness
High
High
Low

50
5.4.2 Market Attracti veness Anal ysi s by Appl i cati on
FIG. 2 Market Attractiveness Analysis by Application
QualitativeAnalysis
Market
Size
High
High
Low

51
5.4.3 Market Attracti veness Anal ysi s by Regi onal Segment
FIG. 3 Market Attractiveness Analysis by Regional Segment
QualitativeAnalysis
Market
Size
North America Europe Asia Pacific South America Middle East & Africa
High
High
Low

52
Chapter 6 Global Frankincense Oil Sales by Regions (2016-2022)
6.1 Global Frankincense Oil Revenue and Market Share (%) by Regions (2016-2022)
TABLE 11 Global Frankincense Oil Revenue (USD Million) by Regions (2016-2022)
Regions 2016 2017 2018 2019 2020 2022
TABLE 12 Global Frankincense Oil Revenue Market Share (%) by Regions (2016-2022)
Regions 2016 2017 2018 2019 2020 2022

53
FIG. 4 Global Frankincense Oil Revenue Market Share (%) by Regions (2016-2022)
FIG. 5 Global Frankincense Oil Revenue Market Share (%) by Regions, 2020

54
Chapter 7 North America Frankincense Oil Market Development Status and Outlook
7.1 North America Frankincense Oil Market by Country, 2016-2022
TABLE 13 North America Frankincense Oil Market by Country Revenue, 2016-2022
2016 2017 2018 2019 2020 2022
U.S.
xx xx xx xx xx xx
Canada xx xx xx xx xx xx
Mexico xx xx xx xx xx xx
Total
xx xx xx xx xx xx
7.2 North America Frankincense Oil Market Size (2016-2022)
FIG. 6 North America Frankincense Oil Market Share (%) by Country (2016-2022)

55
7.2.1 Nor th Ameri ca Franki nc ens e Oi l Mar k et ( USD Mi l l i on) Si ze by End Us e In dustr y
(2016-2022)
TABLE 14 North America Frankincense Oil Market (USD Million) Size by End Use Industry (2016-2022)
2016 2017 2018 2019 2020 2022
FIG. 7 North America Frankincense Oil Market Size by End Use Industry 2020

56
7.2.2 North Ameri ca Franki ncense Oi l Market (USD Mi l l i on) Si ze by Type (2016-2022)
TABLE 15 North America Frankincense Oil Market (USD Million) Size by Type (2016-2022)
2016 2017 2018 2019 2020 2022
FIG. 8 North America Frankincense Oil Market Size by Type 2020

57
Chapter 8 Europe Frankincense Oil Market Development Status and Outlook
8.1 Europe Frankincense Oil Market by Country, 2016-2022
TABLE 16 Europe Frankincense Oil Market by Country Revenue, 2016-2022
2016 2017 2018 2019 2020 2022
UK
xx xx xx xx xx xx
France xx xx xx xx xx xx
Germany xx xx xx xx xx xx
Italy
xx xx xx xx xx xx
Russia xx xx xx xx xx xx
Spain xx xx xx xx xx xx
Rest of Europe
xx xx xx xx xx xx
8.2 Europe Frankincense Oil Market Size (2016-2022)
FIG. 9 Europe Frankincense Oil Market Share (%) by Country (2016-2022)

58
8.2.1 Eur op e Franki nc ens e Oi l Mark et ( US D Mi l l i on) Si ze by En d Us e In dustr y (2016 -
2022)
TABLE 17 Europe Frankincense Oil Market (USD Million) Size by End Use Industry (2016-2022)
2016 2017 2018 2019 2020 2022
FIG. 10 Europe Frankincense Oil Market Size by End Use Industry 2020

59
8.2.2 Europe Franki ncense Oi l Market (USD Mi l l i on) Si ze by Type (2016-2022)
TABLE 18 Europe Frankincense Oil Market (USD Million) Size by Type (2016-2022)
2016 2017 2018 2019 2020 2022
FIG. 11 Europe Frankincense Oil Market Size by Type 2020

60
Chapter 9 Asia Pacific Frankincense Oil Market Development Status and Outlook
9.1 Asia Pacific Frankincense Oil Market by Country, 2016-2022
TABLE 19 Asia Pacific Frankincense Oil Market by Country Revenue, 2016-2022
2016 2017 2018 2019 2020 2022
China
xx xx xx xx xx xx
Japan xx xx xx xx xx xx
India xx xx xx xx xx xx
Korea
xx xx xx xx xx xx
South East Asia xx xx xx xx xx xx
Rest of APAC xx xx xx xx xx xx
Total
xx xx xx xx xx xx
9.2 Asia Pacific Frankincense Oil Market Size (2016-2022)
FIG. 12 Asia Pacific Frankincense Oil Market Share (%) by Country (2016-2022)

61
9.2.1 Asi a Paci fi c Franki ncens e Oi l Mark et ( US D Mi l li on) Si ze by End Us e In dustr y
(2016-2022)
TABLE 20 Asia Pacific Frankincense Oil Market (USD Million) Size by End Use Industry (2016-2022)
2016 2017 2018 2019 2020 2022
FIG. 13 Asia Pacific Frankincense Oil Market Size by End Use Industry 2020

62
9.2.2 Asi a Paci fi c Franki ncense Oi l Market (USD Mi l l i on) Si ze by Type (2016-2022)
TABLE 21 Asia Pacific Frankincense Oil Market (USD Million) Size by Type (2016-2022)
2016 2017 2018 2019 2020 2022
FIG. 14 Asia Pacific Frankincense Oil Market Size by Type 2020

63
Chapter 10 Latin America Frankincense Oil Market Development Status and Outlook
10.1 Latin America Frankincense Oil Market by Country, 2016-2022
TABLE 22 Latin America Frankincense Oil Market by Country Revenue, 2016-2022
2016 2017 2018 2019 2020 2022
Brazil
xx xx xx xx xx xx
Argentina xx xx xx xx xx xx
Columbia xx xx xx xx xx xx
Rest of Latin America
xx xx xx xx xx xx
10.2 Latin America Frankincense Oil Market Size (2016-2022)
FIG. 15 Latin America Frankincense Oil Market Share (%) by Country (2016-2022)

64
10.2.1 Lati n Ameri ca Franki nc ens e Oi l Market ( USD Mi l li on) Si ze b y End Use In dustr y
(2016-2022)
TABLE 23 Latin America Frankincense Oil Market (USD Million) Size by End Use Industry (2016-2022)
2016 2017 2018 2019 2020 2022
FIG. 16 Latin America Frankincense Oil Market Size by End Use Industry 2020

65
10.2.2 Lati n Ameri ca Franki ncense Oi l Market (USD Mi l l i on) Si ze by Type (2016-2022)
TABLE 24 Latin America Frankincense Oil Market (USD Million) Size by Type (2016-2022)
2016 2017 2018 2019 2020 2022
FIG. 17 Latin America Frankincense Oil Market Size by Type 2020

66
Chapter 11 Middle East and Africa Frankincense Oil Market Development Status and
Outlook
11.1 Middle East and Africa Frankincense Oil Market by Country, 2016-2022
TABLE 25 Middle East and Africa Frankincense Oil Market by Country Revenue, 2016-2022
2016 2017 2018 2019 2020 2022
GCC Countries xx xx xx xx xx xx
Egypt
xx xx xx xx xx xx
South Africa xx xx xx xx xx xx
Nigeria xx xx xx xx xx xx
Turkey
xx xx xx xx xx xx
Rest of MEA xx xx xx xx xx xx
11.2 Middle East and Africa Frankincense Oil Market Size (2016-2022)
FIG. 18 Middle East and Africa Frankincense Oil Market Share (%) by Country (2016-2022)

67
11.2.1 Mi ddl e East and Afri ca Fra nki nc ense Oi l Mark et (USD Mi l l i on) Si ze by En d Us e
Industry (2016-2022)
TABLE 26 Middle East and Africa Frankincense Oil Market (USD Million) Size by End Use Industry
(2016-2022)
2016 2017 2018 2019 2020 2022
FIG. 19 Middle East and Africa Frankincense Oil Market Size by End Use Industry 2020

68
11.2.2 Mi ddl e East an d Afri ca Franki nc ens e Oi l Mark et (USD Mi l li on) Si ze b y Typ e (2016 -
2022)
TABLE 27 Middle East and Africa Frankincense Oil Market (USD Million) Size by Type (2016-2022)
2016 2017 2018 2019 2020 2022
FIG. 20 Middle East and Africa Frankincense Oil Market Size by Type 2020

69
Chapter 12 Global Frankincense Oil Market Revenue (Value) by End Use Industry
12.1 Global Frankincense Oil Revenue and Market Share (%) by End Use Industry (2016-2022)
TABLE 28 Global Frankincense Oil Revenue (USD Million) by End Use Industry (2016-2022)
2016 2017 2018 2019 2020 2022
TABLE 29 Global Frankincense Oil Revenue Share (%) by Type (2016-2022)
2016 2017 2018 2019 2020 2022
Food xx xx xx xx Xx xx
Cosmetic xx xx xx xx Xx xx
Pharmaceutical xx xx xx xx Xx xx
Therapeutic xx xx xx xx Xx xx
Others xx xx xx xx Xx xx
Total
xx xx xx xx xx xx

70
FIG. 21 Global Frankincense Oil Market Revenue Share (%) by End Use Industry (2016-2022)
FIG. 22 2020 Revenue Market Share (%) of Frankincense Oil by End Use Industry

71
Chapter 13 Global Frankincense Oil Market Revenue (Value) by Type
13.1 Global Frankincense Oil Revenue and Market Share (%) by Type (2016-2022)
TABLE 30 Global Frankincense Oil Revenue (USD Million) by Type (2016-2022)
2016 2017 2018 2019 2020 2022
TABLE 31 Global Frankincense Oil Revenue Share (%) by Type (2016-2022)
2016 2017 2018 2019 2020 2022
Organic xx xx xx xx Xx xx
Conventional xx xx xx xx Xx xx
Total
xx xx xx xx xx xx

72
FIG. 23 Global Frankincense Oil Market Revenue Share (%) by Type (2016-2022)
FIG. 24 2020 Revenue Market Share (%) of Frankincense Oil by Type

73
Chapter 14 Global Frankincense Oil Manufacturers Profiles/Analysis
14.1 HEALING SOLUTIONS
14.1.1 HEALI NG S O LUTIO NS Basi c Informati on, Manu facturi ng Base, Sal es Area and i ts
Competi tors
TABLE 32 HEALING SOLUTIONS Basic Information, Manufacturing Base, Sales Area and Its Competitors
# Item Description
1 CompanyName HEALING SOLUTIONS
2 Website xx
EstablishedDate xx
4 Headquartered xx
6 Market Position or History xx
8 Contact Information xx
14.1.2 Franki ncense Oi l Types Speci fi cati on
Type Type Picture
xx xx
xx xx
xx xx
xx xx
xx xx

74
14.1.3 Fi nanci al s
TABLE 33 HEALING SOLUTIONS Revenue (USD Million), Gross Margin (%) and Market Share (%) (2016-
2020)
Value 2016 2017 2018 2019 2020
Revenue xx xx xx xx xx
Gross Margin xx xx xx xx xx
FIG. 25 HEALING SOLUTIONS Revenue Market Share (%) (2016-2020)

75
14.1.4 HEALI NG SOLUTI ONS S.W.O.T Anal ysi s
14.1.5 Mai n Busi ness/Busi ness Overvi ew

76
Note: Followingcompany’s data will be provided in the same format, for example 1st
company profile
shown above. In case you need any data Customization please feel free to contact us!
14.2 NOW HEALTH GROUP, INC.
14.3 EDENS GARDEN
14.4 YOUNG LIVING ESSENTIAL OILS
14.5 PLANT THERAPY INC.
14.6 NATURE'S SUNSHINE PRODUCTS INC.
14.7 SYSCOM CONSUMER PRODUCTS PVT. LTD
14.8 ALBERT VIEILLE SAS
14.9 AOS PRODUCTS PRIVATE LIMITED
14.10 DOTERRA INTERNATIONAL
Note: Company Revenue Information Will Be Provided Subject to Data Availability!

77
Chapter 15 Frankincense Oil Manufacturing Cost Analysis
15.1 Key Raw Material Analysis
Raw Materials Production Base
Raw Material 1 China, Russia, Canada, United Arab South Africa, Indiaand
United States
Raw Material 2 China, India, UK, France, Italy, Germany, U.S., Brazil
FIG. 26 Price Trend of Key Raw Materials

78
15.2 Key Distributors of Raw Materials
Raw Material Company Name Website Contact Details
Raw Material 1 Company1 www.companyname.com Russia
Company2 www.companyname.com US
Company3 www.companyname.com China
Company4 www.companyname.com Russia
Raw Material 2 Company1 www.companyname.com US
Company2 www.companyname.com China
Company3 www.companyname.com Russia
Company4 www.companyname.com US

79
15.3 Proportion of Manufacturing Cost Structure
FIG. 27 Manufacturing Cost Structure of Frankincense Oil

80
15.3.1 Labor Cost
15.3.2 USA Labor Cost Anal ysi s
15.3.3 EU Labor Costs Anal ysi s

81
15.3.4 Chi na Labor Costs Anal ysi s
15.3.5 Manufacturi ng Expenses

82
Chapter 16 Market Effect Factors Analysis
16.1 Consumer Needs/Customer Preference Change
16.2 Economic/Political Environmental Change
FIG. 28 Economic/Political Environmental Change
U.S.
Shifting direction of policy
Europe
Economic activity in Western Europe will remain subdued
Africa
Growth to recover
moderately amid
challenges
East Asia
Domestic demand
continues to drive positive
near-term outlook amid
weak export performance
Japan
Policy easing supports
short-term prospects
Latin America and the
Caribbean
xxxxxxxxxxxxxxxxxxxxxxxxxxxx
xxxxxxxxxxxxxxxxxxxxxxxxxx

83
U.S.
Europe
Japan

84
Africa
East Asia
Latin America and the Caribbean

85
Chapter 17 IndustrialChain, Sourcing Strategy, and Downstream Buyers
17.1 Frankincense Oil Chain Analysis
FIG. 29 Frankincense Oil Chain Analysis
Upstream
• Content has been removed for sample
Product
• Content has been removed for sample
Downstream
•Contenthasbeenremovedforsample

86
17.2 List of Downstream Buyers
Company Name Website Contact Details
Company 1 www.companyname.com Russia
Company 2 www.companyname.com US
Company 3 www.companyname.com China

87
17.3 List of Distributors
Company Name Website Contact Details

88
Chapter 18 Marketing Strategy Analysis
18.1 Marketing Channel
FIG. 30 Marketing Channel Framework

89
18.1.1 Di rect Marketi ng
18.1.2 Indi rect Marketi ng
18.1.3 Indi rect Marketi ng

90
18.2 Market Positioning
18.2.1 Pri ci ng Strategy

91
Chapter 19 Global Frankincense Oil Market Forecast (2022-2028)
19.1 Global Frankincense Oil Revenue Forecast (2022-2028)
19.1.1 Gl obal Franki nc ense Oi l Rev en u e ( US D Mi l l i on) and Gro wth Rate ( %) F or ecast
(2022-2028)
FIG. 31 Global Frankincense Oil Revenue (USD Million) and Growth Rate (%) Forecast (2022-2028)

92
19.2 Global Frankincense Oil Revenue (USD Million) Forecast by Regions (2022-2028)
TABLE 34 Global Frankincense Oil Revenue (USD Million) Forecast by Regions (2022-2028)
2022 2022 2023 2024 2025 2026 2027 2028
North America xx xx xx xx xx xx xx xx
Europe xx xx xx xx xx xx xx xx
Asia Pacific xx xx xx xx xx xx xx xx
Latin America xx xx xx xx xx xx xx xx
Middle East and Africa xx xx xx xx xx xx xx xx
Total xx xx xx xx xx xx xx xx
FIG. 32 Global Frankincense Oil Revenue (USD Million) Market Share (%) Forecast by Regions (2022-2028)

93
19.2.1 North Ameri ca Franki ncense Oi l Revenue (USD Mi l l i on) Forecast (2022-2028)
FIG. 33 North America Frankincense Oil Revenue (USD Million) and Growth Rate (%) Forecast (2022-2028)
19.2.2 Europe Franki ncense Oi l Revenue (USD Mi l l i on) Forecast (2022-2028)
FIG. 34 Europe Frankincense Oil Revenue (USD Million) and Growth Rate (%) Forecast (2022-2028)
19.2.3 Asi a Paci fi c Franki ncense Oi l Revenue (USD Mi l l i on) Forecast (2022-2028)
FIG. 35 Asia Pacific Frankincense Oil Revenue (USD Million) and Growth Rate (%) Forecast (2022-2028)

94
19.2.4 Lati n Ameri ca Franki ncense Oi l Revenue (USD Mi l l i on) Forecast (2022-2028)
FIG. 36 Latin America Frankincense Oil Revenue (USD Million) and Growth Rate (%) Forecast (2022-2028)
19.2.5 Mi ddl e East and Afri ca Franki nc ens e Oi l Rev en u e ( USD Mi l l i on) For ecast (2022 -
2028)
FIG. 37 Middle East and Africa Frankincense Oil Revenue (USD Million) and Growth Rate (%) Forecast (2022-2028)

95

96
19.3 Global Frankincense Oil Revenue and Forecast by End Use Industry (2022-2028)
TABLE 35 Global Frankincense Oil Revenue (USD Million) Forecast by End Use Industry (2022-2028)
2022 2022 2023 2024 2025 2026 2027 2028
Food xx xx xx xx xx xx xx xx
Cosmetic xx xx xx xx xx xx xx xx
Pharmaceutical xx xx xx xx xx xx xx xx
Therapeutic xx xx xx xx xx xx xx xx
Others xx xx xx xx xx xx xx xx
FIG. 38 Global Frankincense Oil Revenue Market Share (%) Forecast by End Use Industry (2022-2028)
19.4 Global Frankincense Oil Revenue and Forecast by Type (2022-2028)
TABLE 36 Global Frankincense Oil Revenue (USD Million) Forecast by Type (2022-2028)
2022 2022 2023 2024 2025 2026 2027 2028
Organic xx xx xx xx xx xx xx xx
Conventional xx xx xx xx xx xx xx xx
FIG. 39 Global Frankincense Oil Revenue Market Share (%) Forecast by Type (2022-2028)

97

98
Chapter 20 North AmericaFrankincense OilMarket Forecast 2022-2028
20.1 North America
20.1.1 North Ameri ca Franki ncense Oi l Market by Country, 2022-2028
TABLE 37 North America Frankincense Oil Market by Country Revenue, 2022-2028
2022 2022 2023 2024 2025 2026 2027 2028
U.S. xx xx xx xx xx xx xx xx
Canada
xx xx xx xx xx xx xx xx
Mexico xx xx xx xx xx xx xx xx

99
20.1.2 North Ameri ca Franki ncense Oi l Market Si ze (2022-2028)
FIG. 40 North America Frankincense Oil Market Share (%) by Country (2022-2028)

10
0
20.1.3 Nor th Ameri ca Franki nc ens e Oi l Mar k et ( USD Mi l l i on) Si ze by End Us e In dustr y
(2022-2028)
2022 2022 2023 2024 2025 2026 2027 2028

10
1
20.1.4 North Ameri ca Franki ncense Oi l Revenue Market Si ze by End Use Industry 2024
FIG. 41 North America Frankincense Oil Revenue Market Size by End Use Industry 2022
20.1.5 North Ameri ca Franki ncense Oi l Market (USD Mi l l i on) Si ze by Type (2022-2028)
2022 2022 2023 2024 2025 2026 2027 2028

10
2
20.1.6 North Ameri ca Franki ncense Oi l Revenue Market Si ze by Type 2024
FIG. 42 North America Frankincense Oil Revenue Market Size by Type 2022

10
3
Chapter 21 Europe Frankincense Oil Market Forecast 2022- 2028
21.1 Europe
21.1.1 Europe Franki ncense Oi l Market by Country, 2022-2028
TABLE 40 Europe Frankincense Oil Market by Country Revenue, 2022-2028
2022 2022 2023 2024 2025 2026 2027 2028
UK xx xx xx xx xx xx xx xx
France
Germany xx xx xx xx xx xx xx xx
Italy xx xx xx xx xx xx xx xx
Russia
Spain xx xx xx xx xx xx xx xx
Rest of Europe xx xx xx xx xx xx xx xx
Total

10
4
21.1.2 Europe Franki ncense Oi l Market Si ze (2022-2028)
FIG. 43 Europe Frankincense Oil Market Share (%) by Country (2022-2028)

10
5
21.1.3 Eur op e Franki nc ens e Oi l Mark et ( US D Mi l l i on) Si ze by En d Us e In dustr y (2022 -
2028)
2022 2022 2023 2024 2025 2026 2027 2028

10
6
21.1.4 Europe Franki ncense Oi l Revenue Market Si ze by End Use Industry 2024
FIG. 44 Europe Frankincense Oil Revenue Market Size by End Use Industry 2022
21.1.5 Europe Franki ncense Oi l Market (USD Mi l l i on) Si ze by Type (2022-2028)
2022 2022 2023 2024 2025 2026 2027 2028

10
7
21.1.6 Europe Franki ncense Oi l Revenue Market Si ze by Type 2024
FIG. 45 Europe Frankincense Oil Revenue Market Size by Type 2022

10
8
Chapter 22 Asia Pacific Frankincense OilMarket Forecast 2022-2028
22.1 Asia Pacific
22.1.1 Asi a Paci fi c Franki ncense Oi l Market by Country, 2022-2028
TABLE 43 Asia Pacific Frankincense Oil Market by Country Revenue, 2022-2028
2022 2022 2023 2024 2025 2026 2027 2028
China xx xx xx xx xx xx xx xx
Japan
India xx xx xx xx xx xx xx xx
Korea xx xx xx xx xx xx xx xx
South East Asia
Rest of APAC xx xx xx xx xx xx xx xx

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22.1.2 Asi a Paci fi c Franki ncense Oi l Market Si ze (2022-2028)
FIG. 46 Asia Pacific Frankincense Oil Market Share (%) by Country (2022-2028)

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22.1.3 Asi a Paci fi c Franki ncens e Oi l Mark et ( US D Mi l li on) Si ze by End Us e In dustr y
(2022-2028)
2022 2022 2023 2024 2025 2026 2027 2028

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22.1.4 Asi a Paci fi c Franki ncense Oi l Revenue Market Si ze by End Use Industry 2024
FIG. 47 Asia Pacific Frankincense Oil Revenue Market Size by End Use Industry 2022
22.1.5 Asi a Paci fi c Franki ncense Oi l Market (USD Mi l l i on) Si ze by Type (2022-2028)
2022 2022 2023 2024 2025 2026 2027 2028

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22.1.6 Asi a Paci fi c Franki ncense Oi l Revenue Market Si ze by Type 2024
FIG. 48 Asia Pacific Frankincense Oil Revenue Market Size by Type 2022

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Chapter 23 Latin America Frankincense OilMarket Forecast 2022- 2028
23.1 Latin America
23.1.1 Lati n Ameri ca Franki ncense Oi l Market by Country, 2022-2028
TABLE 46 Latin America Frankincense Oil Market by Country Revenue, 2022-2028
2022 2022 2023 2024 2025 2026 2027 2028
Brazil xx xx xx xx xx xx xx xx
Argentina
Columbia xx xx xx xx xx xx xx xx
Rest of Latin America xx xx xx xx xx xx xx xx
Total

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23.1.2 Lati n Ameri ca Franki ncense Oi l Market Si ze (2022-2028)
FIG. 49 Latin America Frankincense Oil Market Share (%) by Country (2022-2028)

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23.1.3 Lati n Ameri ca Franki nc ens e Oi l Market ( USD Mi l li on) Si ze b y End Use In dustr y
(2022-2028)
2022 2022 2023 2024 2025 2026 2027 2028

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23.1.4 Lati n Ameri ca Franki ncense Oi l Revenue Market Si ze by End Use Industry 2024
FIG. 50 Latin America Frankincense Oil Revenue Market Size by End Use Industry 2022
23.1.5 Lati n Ameri ca Franki ncense Oi l Market (USD Mi l l i on) Si ze by Type (2022-2028)
2022 2022 2023 2024 2025 2026 2027 2028

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23.1.6 Lati n Ameri ca Franki ncense Oi l Revenue Market Si ze by Type 2024
FIG. 51 Latin America Frankincense Oil Revenue Market Size by Type 2022

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Chapter 24 Middle East and Africa Frankincense Oil Market Forecast 2022- 2028
24.1 Middle East and Africa
24.1.1 Mi ddl e East and Afri ca Franki ncense Oi l Market by Country, 2022-2028
TABLE 49 Middle East and Africa Frankincense Oil Market by Country Revenue, 2022-2028
2022 2022 2023 2024 2025 2026 2027 2028
GCC Countries xx xx xx xx xx xx xx xx
Egypt
South Africa xx xx xx xx xx xx xx xx
Nigeria xx xx xx xx xx xx xx xx
Turkey
Rest of MEA xx xx xx xx xx xx xx xx

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24.1.2 Mi ddl e East and Afri ca Franki ncense Oi l Market Si ze (2022-2028)
FIG. 52 Middle East and Africa Frankincense Oil Market Share (%) by Country (2022-2028)

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24.1.3 Mi ddl e East and Afri ca Fra nki nc ense Oi l Mark et (USD Mi l l i on) Si ze by En d Us e
Industry (2022-2028)
2022 2022 2023 2024 2025 2026 2027 2028

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24.1.4 Mi ddl e Eas t and Afri ca Fran ki ncense Oi l Rev en u e Mark et Si ze by End Us e In dustr y
2024
FIG. 53 Middle East and Africa Frankincense Oil Revenue Market Size by End Use Industry 2022
24.1.5 Mi ddl e East an d Afri ca Franki nc ens e Oi l Mark et (USD Mi l li on) Si ze b y Typ e (2022 -
2028)
2022 2022 2023 2024 2025 2026 2027 2028

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24.1.6 Mi ddl e East and Afri ca Franki ncense Oi l Revenue Market Si ze by Type 2024
FIG. 54 Middle East and Africa Frankincense Oil Revenue Market Size by Type 2022

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Chapter 25 Research Findings and Conclusion
25.1 Key Insights from Primary Interviews & Survey’s Respondents

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25.2 Key Takeaways from Analysts, Consultants, and Industry Leaders

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RESEARCH METHODOLOGY

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Chapter 26 Research Methodology
Our research studyinvolved the extensive usage of both primaryandsecondary data sources for market surveys, estimates and
for developing forecast. This report is based on in-depth qualitative and quantitative analyses of the Global Frankincense Oil
Market. Moreover, research studyinvolves the use of secondarysources and databases such as key companies’annual reports,
paid & public database, Bloomberg, and Factiva to identify and collect information useful for a technical and market-oriented
studyof the Frankincense Oil Market.
FIG. 55 Market Research Process
We conducted interviews and discussions with numerous key industry players. We reviewed annual reports, press
releases and relevant documents for competitive analysis and better understanding of the market. The market
dynamics have been ascertained following a detailed study of the micro, and macroeconomic indicators of the
market. To calculate the market size, the report considers the revenue generated from the sales of manufacturers.
The market size calculation also includes product segmentation determined using secondary sources and verified
through primary sources. The primary sources mainly involve industry experts from core & related industries and
preferred suppliers, manufacturers, distributors, technologists, standard & certification organizations, and
organizations related to all segments of this industry’s valuechain
Market
Research
Material
Micro
Econimic
Indicators
Meso
Economic
Indicators
Macro
Economic
Indicators
Data
Collection
Data
Analysis

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In-depth interviews were conducted with primary respondents such as keyindustry participants, subject matter experts (SMEs),
executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and
quantitative information as well as to assess future prospects. The following figure depicts the market research methodology
appliedindraftingthis report on the Global Frankincense Oil Market.
26.1.1 Secondary Research:
Secondary research includes in-depth research on current trends, technical writing, recent trade, internet sources, trade
associations, and statistical data from government websites and associated authorized agency websites. This has proven to be
the most effective andreliable approach for obtaining data, capturingindustry, andanalyzingopportunitiesandgrowth.
Secondary research was mainly used to obtain key information about the industry’s supply chain, the total pool of key players ,
market classification & segmentation according to industry trends to the bottom-most level, and regional markets. It has also
been used to obtaininformation about the keydevelopments froma market-orientedperspective.
TABLE 52 Secondary Research Sources that are typically referred to include, but are not limited to:
Parameters Secondary Research Sources
Market Size
(Value)  Companyfinancials
 Magazines
 Journals
 Press releases
 Paid databases
 Statistical Databases
Revenue Of Companies
 Financial reports
 Companywebsites
 Public databases
Qualitative Information
(Market Dynamics and Market Trends)  Companywebsites
 Annual reports
 Press releases
 Internalandexternalproprietarydatabases
 Relevant patent andregulatorydatabases

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26.1.2 Pri mary Research
This report is based on in-depth qualitative and quantitative analyses of the Global Frankincense Oil Market. The qualitative
analysis involved primary interviews, surveys, and vendor briefings. The data gathered as a result of these process were
validated through industry expertise. The primary sources from the supply side include industry experts such as CEOs, vice
presidents, marketing directors, sales professionals, and related keyexecutives from various key companies and organizations
operating in the Frankincense Oil Market. The primary sources from the demand side include key opinion leaders, builders &
contractors, andkeyexecutives fromthe residentialand non-residentialindustries.
A typical research interviewfulfillsthe followingfunctions:
 Provides firsthand informationon market size, market trends, growthtrends, competitive landscape, outlook, etc.
 Helps invalidatingandstrengthening the secondaryresearch findings
 Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews foreach market,
category, segment andsub-segment across geographies

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26.2 Market Size Estimation Methodology
FIG. 56 Market Size Estimation Methodology: Bottom-Up and Top-Down Approach
26.2.1 Market Val ue Is Esti mated Usi ng: Top -Down Anal ysi s and Bottom-Up Anal ysi s
Top-down analysis generally refers to using comprehensive factors as a basis for decision making. Top -down analysis is
commonlyassociated with the macro or macroeconomics. In the top-down approach, the overall market size has been used to
estimate the size of other individual markets (mentioned under the segments on the basis of Distribution Channel, by Type;
end-use industry;andregion) via percentage splits from secondaryand primaryresearch.
The bottom-up analysis takes a completely different approach. In Bottom-up approach, the data is analyzed at segment, sub-
segment or micro-level and the data is summed to achieve a macro market estimate. The bottom-up procedure was employed
to arrive at the overall size of the global market from the consumption of and their respective market share in the market. The
bottom-up approach was also used for data extracted from secondary research to validate the market size of the segments
obtained, in terms ofvalue.

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26.3 Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; marke t
breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate
the critical numbers arrived at. The data was triangulated by studying various factors and trends from both, the demand and
supplysides. Along withthis, the market size was validated using both the top-downandbottom-upapproaches.
FIG. 1 DATA Triangulation

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