Boswellia Market Is Set To Rise At 5.1% CAGR And Account For Us$ 156.47 Million By 2032
The Global Boswellia Market was valued at USD 100 Million in 2023 and is likely to reach USD 156.47 Million by 2032, increasing at a CAGR of 5.1% from 2024 to 2032.
The Boswellia market is experiencing steady growth, driven by its increasing recognition for health and wellness benefits. Boswellia, commonly known as frankincense, is derived from the resin of Boswellia trees and has been traditionally used in Ayurvedic and traditional Chinese medicine. It is known for its anti-inflammatory, anti-arthritic, and analgesic properties, making
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