The global Boswellia Serrata Extract market was valued at US$ 115.5 million in 2023 and is projected to reach US$ 163 million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.1% during the forecast period (2024–2030). This robust growth is fueled by rising consumer demand for natural anti-inflammatory solutions, increasing applications in pharmaceuticals and dietary supplements, and growing awareness of the health benefits associated with Boswellia Serrata’s active compounds, particularly AKBA (3-O-acetyl-11-keto-β-boswellic acid).

As the wellness industry pivots towards plant-based and scientifically-backed ingredients, the focus intensifies on the key extract manufacturers and suppliers ensuring quality, purity, and consistent supply. This blog profiles the Top 10 Companies in the Boswellia Serrata Extract Industry—a combination of established ingredient specialists, research-focused laboratories, and global distributors shaping the future of natural health.

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🔟 1. Indena S.p.A.

Headquarters: Milan, Italy
Key Offering: High-Purity Boswellia Serrata Extract (Casiphar®), Standardized for AKBA and other Boswellic Acids

Indena is a world leader in the identification, development, and production of high-quality active botanical derivatives. Their Boswellia Serrata extract, part of the Casiphar® line, is renowned for its high concentration of active boswellic acids and is produced using advanced purification technologies to ensure superior bioavailability and efficacy for pharmaceutical and nutraceutical applications.

Innovation and Quality Initiatives:

• Patented extraction and purification processes

• Strong focus on clinical research and scientific validation

• Sustainability and traceability programs for raw material sourcing

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9️⃣ 2. Sabinsa Corporation

Headquarters: East Windsor, New Jersey, USA
Key Offering: Boswellin® (Boswellia Serrata Extract)

Sabinsa is a leading supplier of herbal extracts, phytochemicals, and specialty ingredients. Its flagship Boswellia product, Boswellin®, is one of the most clinically studied Boswellia extracts globally, widely used in dietary supplements for joint health and inflammatory support. The company holds numerous patents related to its extraction methodologies.

Innovation and Quality Initiatives:

• Extensive portfolio of patented ingredients (Boswellin® PS, Boswellin® Super)

• Commitment to cGMP manufacturing and rigorous quality control

• Active investment in new clinical trials to expand application claims

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8️⃣ 3. PLT Health Solutions, Inc.

Headquarters: Morristown, New Jersey, USA
Key Offering: ApresFlex® (Boswellia Serrata Extract)

PLT Health Solutions is a prominent ingredient supplier specializing in science-backed natural products. Their ApresFlex® ingredient is a proprietary, enhanced-absorption Boswellia Serrata extract, specifically developed to support joint comfort and flexibility. It is a key player in the market for high-efficacy, branded ingredients.

Innovation and Quality Initiatives:

• Focus on bioavailability-enhanced ingredient formats

• Strategic partnerships with global brands for product development

• Robust scientific dossier supporting health claims

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7️⃣ 4. Arjuna Natural Pvt. Ltd.

Headquarters: Kerala, India
Key Offering: BSM-210 (Standardized Boswellia Serrata Extract), Rhuleave-K®

Arjuna Natural is an India-based manufacturer with a strong focus on evidence-based botanical extracts. Leveraging its proximity to the source of Boswellia Serrata resin, the company produces highly standardized extracts like BSM-210 and Rhuleave-K®, which are widely used for their potent anti-inflammatory properties in global markets.

Innovation and Quality Initiatives:

• Vertical integration from farming to finished extract

• Significant investment in R&D for new extraction technologies

• Multiple international certifications (ISO, Kosher, Halal)

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6️⃣ 5. NutraGreen Biotechnology Co., Ltd.

Headquarters: Xi’an, China
Key Offering: Boswellia Serrata Extract Powder (Various Potencies)

NutraGreen is a major Chinese manufacturer of plant extracts, supplying ingredients to the nutraceutical, cosmetic, and functional food industries. The company offers a range of Boswellia Serrata extracts with different standardization levels for AKBA, catering to diverse customer specifications and price points.

Innovation and Quality Initiatives:

• Large-scale production capacity for cost-effective supply

• Advanced analytical capabilities for quality assurance

• Strong export network across North America, Europe, and Asia

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5️⃣ 6. Bioprex Labs

Headquarters: Ahmedabad, Gujarat, India
Key Offering: Boswellia Serrata Extract (65% & 90% Boswellic Acids)

Bioprex Labs specializes in the manufacturing of standardized herbal extracts. The company is a significant supplier of Boswellia Serrata extract, producing both 65% and the high-potency 90% boswellic acid variants. Its focus on quality and competitive pricing makes it a key supplier for many supplement brands.

Innovation and Quality Initiatives:

• Specialization in high-potency extracts

• Adherence to strict quality control protocols

• Strategic location in a major herbal ingredient hub

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4️⃣ 7. Alpspure Lifesciences Pvt. Ltd.

Headquarters: Mumbai, Maharashtra, India
Key Offering: Boswellia Serrata Extract (Standardized and Customized)

Alpspure Lifesciences is an emerging player in the phytochemical market, offering a range of botanical extracts including Boswellia Serrata. The company caters to both domestic and international clients, providing standardized extracts and custom formulations based on specific client requirements for AKBA content.

Innovation and Quality Initiatives:

• Flexible manufacturing for custom specifications

• Investment in modern extraction infrastructure

• Focus on building long-term supplier relationships

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3️⃣ 8. VIVATIS Pharma

Headquarters: Chennai, Tamil Nadu, India
Key Offering: Pharmaceutical-Grade Boswellia Serrata Extract

VIVATIS Pharma specializes in developing and manufacturing high-quality Active Pharmaceutical Ingredients (APIs) and plant-based extracts for the pharmaceutical industry. Their Boswellia Serrata extract is produced under stringent GMP conditions, targeting applications in prescription and OTC anti-inflammatory medications.

Innovation and Quality Initiatives:

• Focus on pharmaceutical compliance and documentation

• R&D aimed at improving purity and consistency

• Collaborations with research institutions for new therapeutic applications

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2️⃣ 9. Himalayan Herbaria Inc.

Headquarters: Kathmandu, Nepal
Key Offering: Organic and Wildcrafted Boswellia Serrata Extract

Himalayan Herbaria focuses on sourcing and processing botanicals from the Himalayan region. The company offers organic and wildcrafted Boswellia Serrata extract, appealing to brands that prioritize sustainable and ethical sourcing. Their products are often positioned in the premium segment of the market.

Innovation and Quality Initiatives:

• Emphasis on organic certification and sustainable harvesting

• Direct relationships with local harvesters

• Traceability from source to finished product

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1️⃣ 10. Azelis

Headquarters: Antwerp, Belgium
Key Offering: Distribution of Specialty Ingredients, including Boswellia Serrata Extract

Azelis is a leading global distributor of specialty chemicals and food ingredients. While not a manufacturer, Azelis plays a crucial role in the Boswellia Serrata extract market by providing distribution, technical support, and market development services for several extract producers, ensuring global reach and application expertise for brand owners.

Innovation and Quality Initiatives:

• Extensive global distribution network

• Technical expertise in formulation and application development

• Partnerships with multiple ingredient manufacturers to offer a range of options

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Boswellia Serrata Extract Market – View in Detailed Research Report

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🌍 Outlook: The Future of Boswellia Serrata Extract is Driven by Science and Sustainability

The Boswellia Serrata extract market is experiencing a significant transformation. While traditional applications in Ayurvedic medicine laid the foundation, the market is now being propelled by modern scientific validation, clinical research, and demand for clean-label, natural health solutions.

📈 Key Trends Shaping the Market:

• Increasing clinical research validating efficacy for joint health, respiratory wellness, and inflammatory conditions.

• Growing consumer preference for natural anti-inflammatory alternatives to conventional products.

• Rising demand for high-potency, bioavailability-enhanced formats from supplement manufacturers.

• Emphasis on sustainable and ethical sourcing of raw Boswellia resin to ensure long-term supply chain stability.

Get Full Report Here:
Boswellia Serrata Extract Market – View in Detailed Research Report

The companies profiled above are not only supplying a valuable botanical extract—they are advancing the scientific understanding and sustainable utilization of a key natural resource for global health and wellness.