Basil Seed Market Is Gaining Rapid Traction With Martin Bauer Group Acquiring BI Nutraceuticals, A Manufacturer Of Plant-Based Ingredients In The U.S.
The basil flower has a long history as one of the most popular and earliest known herbs. In fact, basil has been used for medicinal purposes since early times. This herb is one of nature's most well-known and easily-grown herbs. It can be found in every cuisine from traditional Italian to contemporary Southwestern cuisines. As far as the regional footprint is considered, emerging regions such as Asia Pacific has gained significant prominence in the basil seed market. Furthermore, the demand for basil seed is witnessing a high surge in developed regions such as Europe and North America. Consumers in the aforementioned regions have become aware of the health benefits of basil seeds, which is accelerating the regional growth of the basil seed market.
Basil seeds have been associated with
providing numerous health benefits. Basil is a rich source of vitamins and
helps in fighting cardiovascular diseases. It also helps in reducing body heat,
constipation, weight loss, stress, hypertension, and controlling blood sugar
levels. As per the World Health Organization (WHO), in 2019, around 1.13
billion people across the globe were suffering from hypertension or elevated
blood pressure. It is one of the most serious medical conditions and increases
the risk of stroke, heart, and kidney significantly. As per the Centers for
Diseases Control and Prevention (CDC), around 108 million U.S. adults had
hypertension in 2018. Furthermore, according to the American Institute of
Stress, in 2020, around 33% of people report extreme stress in the U.S. Basil
extract is used in stress-reducing pills. Such factors can stimulate growth of
the basil seed market.
Basil, also called Ocimum Basilicum
or Saint Joseph's wart is an herbaceous plant that is grown in different kinds
of cuisines from Southeast Asia to Central Africa. It is an old perennial plant
that grows up to four feet tall and has gray-green leaves. It is often used in
blending and cooking sauces, or in making marmalades and salsas. That being
said, the price of basil seeds is significantly high, which could inhibit
growth of the basil seed market.
Similarly, consumers are increasingly
preferring organic and natural food products. Consumers have become
increasingly aware of the health benefits of natural and organic basil seeds.
Hence, such factors can augment growth of the basil seed market.
Recently, in March 2019, Martin Bauer
Group, a German botanical products supplier, acquired BI Nutraceuticals, a
manufacturer of plant-based ingredients in the U.S.
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