Market Dynamics: Boswellia Extracts in Skincare and Cosmetics
The global boswellia market, valued at approximately USD 99.6 million in 2022, is projected to grow at a compound annual growth rate (CAGR) of 4.9% from 2023 to 2031, reaching around USD 152.0 million by the end of the forecast period. This growth is driven by several factors, including the increasing prevalence of anti-inflammatory diseases and a rising preference for natural ingredients in...
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