Product Code: ETC219204 | Publication Date: Aug 2023 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India Basil Leaves Market registered a growth of 7.83% in value shipments in 2022 as compared to 2021 and an increase of 9.81% CAGR in 2022 over a period of 2017. In Basil Leaves Market India is becoming less competitive as HHI index in 2022 was 930 while in 2017 it was 749. Herfindahl Index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means less numbers of players or countries exporting in the market. India has reportedly relied more on domestic production to meet its growing demand in Basil Leaves Market.
India is unable to meet its increasing needs of this product with domestic production hence we see the trend is shifting towards import shipment to meet its demand The import factor of Basil Leaves Market in 2022 was 0.26 while in 2017 it was 0.21. Viet Nam, Indonesia, Afghanistan, Australia and Nepal were among the top players of the market in 2022, where Viet Nam acquired the largest market share of 21.91% with a shipment value of 25.18 million USD in 2022 Viet Nam also offered the product below the average market price thus having a competitive advantage over others In 2017 Australia had the largest market share of 12.13% with the shipment value of 7.37 million USD. The country was offering its product with an average price which is higher than the average market price offered in the country. Although Australia offers its product above the market average price, it remained at the leadership position indicating the brand value it holds in the India Basil Leaves Market in 2017.
India Basil Leaves Market has been growing on the back of growing demand for herbs and spices in the country. Generally, basil leaves are popular herb and spice and the demand for herbs and spices is increasing with the growing awareness about health and wellness. India is a major producer of basil leaves and the growing export market is driving the basil leaves market. However, high production cost, lack of awareness and unsuitable climate conditions of India are the major restraint to the market growth. moreover, basil leaves are susceptible to pest and disease attack, which could lead to crop loss and impedes the market development.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Basil Leaves Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Basil Leaves Market Revenues & Volume, 2021 & 2028F |
3.3 India Basil Leaves Market - Industry Life Cycle |
3.4 India Basil Leaves Market - Porter's Five Forces |
3.5 India Basil Leaves Market Revenues & Volume Share, By Product Type, 2021 & 2028F |
3.6 India Basil Leaves Market Revenues & Volume Share, By End Use, 2021 & 2028F |
4 India Basil Leaves Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Basil Leaves Market Trends |
6 India Basil Leaves Market, By Types |
6.1 India Basil Leaves Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Basil Leaves Market Revenues & Volume, By Product Type, 2018 - 2028F |
6.1.3 India Basil Leaves Market Revenues & Volume, By Basil Leaves, 2018 - 2028F |
6.1.4 India Basil Leaves Market Revenues & Volume, By Basil Paste, 2018 - 2028F |
6.1.5 India Basil Leaves Market Revenues & Volume, By Dried Leaves, 2018 - 2028F |
6.2 India Basil Leaves Market, By End Use |
6.2.1 Overview and Analysis |
6.2.2 India Basil Leaves Market Revenues & Volume, By Essential Oils, 2018 - 2028F |
6.2.3 India Basil Leaves Market Revenues & Volume, By Pharmaceutical, 2018 - 2028F |
6.2.4 India Basil Leaves Market Revenues & Volume, By Snacks, 2018 - 2028F |
6.2.5 India Basil Leaves Market Revenues & Volume, By Baked Foods, 2018 - 2028F |
6.2.6 India Basil Leaves Market Revenues & Volume, By Beverages, 2018 - 2028F |
6.2.7 India Basil Leaves Market Revenues & Volume, By Others, 2018 - 2028F |
7 India Basil Leaves Market Import-Export Trade Statistics |
7.1 India Basil Leaves Market Export to Major Countries |
7.2 India Basil Leaves Market Imports from Major Countries |
8 India Basil Leaves Market Key Performance Indicators |
9 India Basil Leaves Market - Opportunity Assessment |
9.1 India Basil Leaves Market Opportunity Assessment, By Product Type, 2021 & 2028F |
9.2 India Basil Leaves Market Opportunity Assessment, By End Use, 2021 & 2028F |
10 India Basil Leaves Market - Competitive Landscape |
10.1 India Basil Leaves Market Revenue Share, By Companies, 2021 |
10.2 India Basil Leaves Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |