United States (US) Olibanum Gum Market (2025-2031) | Companies, Growth, Competitive Landscape, Outlook, Forecast, Trends, Segmentation, Industry, Analysis, Share, Size & Revenue, Value

Market Forecast By Type (Tigraye, Ogaden, Borena), By Application (Perfume, Incense, Soap, Insecticide, Confectionary, Other) And Competitive Landscape
Product Code: ETC9971968 Publication Date: Sep 2024 Updated Date: Nov 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Dhaval Chaurasia No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

United States (US) Olibanum Gum Market Top 5 Importing Countries and Market Competition (HHI) Analysis

The United States experienced a significant shift in the import sources of olibanum gum in 2024, with Brazil, Somalia, El Salvador, Guatemala, and Canada emerging as the top exporting countries. The market concentration, as measured by the HHI index, transitioned from high to moderate in 2024, indicating a more diversified import market. Despite a negative compound annual growth rate (CAGR) of -4.92% from 2020 to 2024, there was a remarkable growth spurt with a 56.41% increase in import shipments from 2023 to 2024, showcasing the dynamic nature of the olibanum gum market in the US.

United States (US) Olibanum Gum Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

  • United States (US) Olibanum Gum Market Outlook
  • Market Size of United States (US) Olibanum Gum Market, 2024
  • Forecast of United States (US) Olibanum Gum Market, 2031
  • Historical Data and Forecast of United States (US) Olibanum Gum Revenues & Volume for the Period 2021- 2031
  • United States (US) Olibanum Gum Market Trend Evolution
  • United States (US) Olibanum Gum Market Drivers and Challenges
  • United States (US) Olibanum Gum Price Trends
  • United States (US) Olibanum Gum Porter's Five Forces
  • United States (US) Olibanum Gum Industry Life Cycle
  • Historical Data and Forecast of United States (US) Olibanum Gum Market Revenues & Volume By Type for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Olibanum Gum Market Revenues & Volume By Tigraye for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Olibanum Gum Market Revenues & Volume By Ogaden for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Olibanum Gum Market Revenues & Volume By Borena for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Olibanum Gum Market Revenues & Volume By Application for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Olibanum Gum Market Revenues & Volume By Perfume for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Olibanum Gum Market Revenues & Volume By Incense for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Olibanum Gum Market Revenues & Volume By Soap for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Olibanum Gum Market Revenues & Volume By Insecticide for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Olibanum Gum Market Revenues & Volume By Confectionary for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Olibanum Gum Market Revenues & Volume By Other for the Period 2021- 2031
  • United States (US) Olibanum Gum Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Application
  • United States (US) Olibanum Gum Top Companies Market Share
  • United States (US) Olibanum Gum Competitive Benchmarking By Technical and Operational Parameters
  • United States (US) Olibanum Gum Company Profiles
  • United States (US) Olibanum Gum Key Strategic Recommendations

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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 United States (US) Olibanum Gum Market Overview

3.1 United States (US) Country Macro Economic Indicators

3.2 United States (US) Olibanum Gum Market Revenues & Volume, 2021 & 2031F

3.3 United States (US) Olibanum Gum Market - Industry Life Cycle

3.4 United States (US) Olibanum Gum Market - Porter's Five Forces

3.5 United States (US) Olibanum Gum Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 United States (US) Olibanum Gum Market Revenues & Volume Share, By Application, 2021 & 2031F

4 United States (US) Olibanum Gum Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing consumer awareness about the health benefits of olibanum gum

4.2.2 Growing demand for natural and organic products in the US

4.2.3 Rising popularity of aromatherapy and use of olibanum gum in wellness products

4.3 Market Restraints

4.3.1 Fluctuations in raw material supply affecting production costs

4.3.2 Regulatory challenges related to sourcing and quality control of olibanum gum

4.3.3 Competition from alternative products in the market

5 United States (US) Olibanum Gum Market Trends

6 United States (US) Olibanum Gum Market, By Types

6.1 United States (US) Olibanum Gum Market, By Type

6.1.1 Overview and Analysis

6.1.2 United States (US) Olibanum Gum Market Revenues & Volume, By Type, 2021- 2031F

6.1.3 United States (US) Olibanum Gum Market Revenues & Volume, By Tigraye, 2021- 2031F

6.1.4 United States (US) Olibanum Gum Market Revenues & Volume, By Ogaden, 2021- 2031F

6.1.5 United States (US) Olibanum Gum Market Revenues & Volume, By Borena, 2021- 2031F

6.2 United States (US) Olibanum Gum Market, By Application

6.2.1 Overview and Analysis

6.2.2 United States (US) Olibanum Gum Market Revenues & Volume, By Perfume, 2021- 2031F

6.2.3 United States (US) Olibanum Gum Market Revenues & Volume, By Incense, 2021- 2031F

6.2.4 United States (US) Olibanum Gum Market Revenues & Volume, By Soap, 2021- 2031F

6.2.5 United States (US) Olibanum Gum Market Revenues & Volume, By Insecticide, 2021- 2031F

6.2.6 United States (US) Olibanum Gum Market Revenues & Volume, By Confectionary, 2021- 2031F

6.2.7 United States (US) Olibanum Gum Market Revenues & Volume, By Other, 2021- 2031F

7 United States (US) Olibanum Gum Market Import-Export Trade Statistics

7.1 United States (US) Olibanum Gum Market Export to Major Countries

7.2 United States (US) Olibanum Gum Market Imports from Major Countries

8 United States (US) Olibanum Gum Market Key Performance Indicators

8.1 Average selling price of olibanum gum products

8.2 Growth in the number of manufacturers and suppliers in the US market

8.3 Consumer satisfaction levels with olibanum gum products

8.4 Number of research studies validating the health benefits of olibanum gum

9 United States (US) Olibanum Gum Market - Opportunity Assessment

9.1 United States (US) Olibanum Gum Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 United States (US) Olibanum Gum Market Opportunity Assessment, By Application, 2021 & 2031F

10 United States (US) Olibanum Gum Market - Competitive Landscape

10.1 United States (US) Olibanum Gum Market Revenue Share, By Companies, 2024

10.2 United States (US) Olibanum Gum Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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