The Global Frankincense Essential Oil Market was valued at USD 72.5 Million in 2023 and is projected to reach USD 112.8 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 6.5% during the forecast period (2023–2030). This robust growth is primarily driven by rising consumer demand for natural and organic personal care products, increasing applications in aromatherapy, and the expanding use of frankincense oil in pharmaceutical and nutraceutical formulations.

As the wellness industry pivots towards ancient, plant-based remedies with scientifically-backed benefits, the spotlight turns to the key producers and suppliers who ensure the purity, sustainability, and efficacy of this precious resin-derived oil. In this blog, we profile the Top 10 Companies in the Frankincense Essential Oil Industry—a blend of established herbal extract specialists, sustainable harvesters, and global distributors shaping the future of therapeutic essential oils.

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🔟 1. doTERRA International

Headquarters: Pleasant Grove, Utah, USA
Key Offering: Boswellia sacra (Frankincense) Essential Oil, Boswellia carterii Oil

doTERRA is a global leader in the essential oils market, renowned for its Co-Impact Sourcing® initiative. The company sources high-grade Frankincense essential oil directly from Somalia and Oman, ensuring ethical harvesting practices and providing economic stability to local communities. Their Frankincense oil is a cornerstone product, widely used for its calming aromatic properties and skincare benefits.

Sustainability & Sourcing Initiatives:

• Co-Impact Sourcing partnerships in Somalia and Oman

• Rigorous CPTG® (Certified Pure Therapeutic Grade) quality testing

• Healing Hands Foundation projects supporting sourcing communities

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9️⃣ 2. Young Living Essential Oils

Headquarters: Lehi, Utah, USA
Key Offering: Frankincense Essential Oil (Boswellia carterii), Sacred Frankincense (Boswellia sacra)

Young Living, a pioneer in the essential oils industry, operates its own farms and partners with global growers through its Seed to Seal® program. Their Frankincense oil is sourced with a commitment to purity and potency, making it a favorite among wellness enthusiasts for meditation, topical application, and diffusion.

Sustainability & Sourcing Initiatives:

• Seed to Seal® quality commitment covering sourcing, science, and standards

• Strategic sourcing from Oman and other regions known for high-quality Boswellia species

• Investment in sustainable harvesting techniques to protect Boswellia tree populations

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Frankincense Essential Oil Market – View in Detailed Research Report

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8️⃣ 3. Edens Garden

Headquarters: San Juan Capistrano, California, USA
Key Offering: 100% Pure Frankincense Carterii Essential Oil, Organic Frankincense Serrata Oil

Edens Garden is a leading woman-owned essential oil company known for providing high-quality, affordable oils directly to consumers. They prioritize transparency, providing GC/MS reports for every batch of Frankincense oil they sell. Their product line includes various Frankincense species to cater to different therapeutic needs and preferences.

Sustainability & Sourcing Initiatives:

• Direct-to-consumer model ensuring competitive pricing and quality control

• Commitment to sustainable and ethical sourcing from verified suppliers

• Transparent batch-specific GC/MS testing available online

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7️⃣ 4. Plant Therapy Essential Oils

Headquarters: Twin Falls, Idaho, USA
Key Offering: Frankincense Serrata Essential Oil, Frankincense Carterii, Organic Frankincense

Plant Therapy has built a strong reputation for offering kid-safe, high-quality essential oils at an affordable price. They employ a team of aromatherapists and provide detailed information on the safe use of their Frankincense oils. The company is committed to ethical sourcing and rigorous third-party testing for purity.

Sustainability & Sourcing Initiatives:

• KidSafe® program and aromatherapist support

• Rigorous third-party testing for every batch of oil

• Ethical sourcing partnerships with global distillers

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6️⃣ 5. Mountain Rose Herbs

Headquarters: Eugene, Oregon, USA
Key Offering: Organic Frankincense Essential Oil (Boswellia carterii), Frankincense Resin

Mountain Rose Herbs is a respected supplier of organic herbs, spices, and essential oils. They are known for their strong commitment to organic certification, sustainable practices, and environmental activism. Their Frankincense essential oil is popular among herbalists and natural health practitioners for its high quality and purity.

Sustainability & Sourcing Initiatives:

• Primary focus on organic and sustainably wildcrafted ingredients

• Carbon-neutral shipping and extensive environmental initiatives

• Transparent sourcing and strong relationships with ethical suppliers

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5️⃣ 6. Now Foods (Now Essential Oils)

Headquarters: Bloomingdale, Illinois, USA
Key Offering: Frankincense Oil (Boswellia carterii), 100% Pure Essential Oil

Now Foods is a major player in the natural products industry, offering a wide range of vitamins, supplements, and essential oils at accessible price points. Their Frankincense essential oil is steam-distilled and rigorously tested for purity, making it a reliable choice for both personal and professional use.

Sustainability & Sourcing Initiatives:

• Commitment to quality assurance with in-house and third-party testing

• Affordable pricing strategy increasing market accessibility

• Wide distribution network in health food stores and online platforms

Download FREE Sample Report:
Frankincense Essential Oil Market – View in Detailed Research Report

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4️⃣ 7. Florihana Distillery

Headquarters: Saint-Auban-sur-l’Ouvèze, France
Key Offering: Organic Frankincense Essential Oil (Boswellia carterii), Certified Organic and Bio

Florihana is a French company renowned for producing high-quality, organic essential oils using low-temperature distillation to preserve active compounds. They are a leading supplier of organic Frankincense oil in the European market, favored by aromatherapists and cosmetic formulators for its exceptional quality.

Sustainability & Sourcing Initiatives:

• Pioneer in organic certification for essential oils in Europe

• Low-temperature distillation process for maximum therapeutic benefit

• Strong focus on sustainable and traceable sourcing from origin countries

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3️⃣ 8. Aromaaz International

Headquarters: Ghaziabad, Uttar Pradesh, India
Key Offering: Pure Frankincense Essential Oil, Indian Frankincense (Boswellia serrata) Oil

Aromaaz International is a prominent Indian manufacturer and global exporter of essential oils, including Frankincense derived from the indigenous Boswellia serrata tree. They leverage their geographical advantage to offer high-quality oil at competitive prices, serving both domestic and international markets.

Sustainability & Sourcing Initiatives:

• Specialization in Indian-origin Boswellia serrata oil

• Cost-effective production and export capabilities

• Compliance with international quality standards for export markets

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2️⃣ 9. Praveen Aroma Pvt Ltd

Headquarters: Kannauj, Uttar Pradesh, India
Key Offering: Frankincense Essential Oil, Natural Aromatherapy Oils

Praveen Aroma is a well-established Indian company with decades of experience in the distillation and export of essential oils. They are known for their expertise in traditional extraction methods and supply Frankincense oil to fragrance, flavor, and pharmaceutical industries worldwide.

Sustainability & Sourcing Initiatives:

• Long-standing expertise in traditional Indian distillation techniques

• Strong B2B focus supplying to major international brands

• Commitment to maintaining consistent quality for industrial applications

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1️⃣ 10. Organic Herb Inc.

Headquarters: China (Primary Manufacturing Base)
Key Offering: Frankincense Extract, Frankincense Essential Oil for Cosmetic and Pharmaceutical Use

Organic Herb Inc. is a major Chinese supplier of plant extracts and essential oils, catering to the global nutraceutical and cosmetic industries. They offer Frankincense oil and standardized extracts, emphasizing their application in advanced formulations for health and wellness products.

Sustainability & Sourcing Initiatives:

• Large-scale production capacity for global B2B supply

• Focus on standardized extracts for pharmaceutical and nutraceutical applications

• Competitive pricing for bulk industrial buyers

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Frankincense Essential Oil Market – View in Detailed Research Report

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🌿 Outlook: The Future of Frankincense Essential Oil Is Rooted in Purity and Sustainability

The Frankincense essential oil market is experiencing a profound transformation. As consumer awareness about authenticity and ethical sourcing grows, the industry is shifting towards greater transparency, scientific validation, and sustainable harvesting practices.

📈 Key Trends Shaping the Market:

• Increased demand for organic and therapeutic-grade certifications

• Growing scientific research validating traditional uses in anti-inflammatory and skincare applications

• Rising consumer preference for brands with transparent and ethical sourcing stories

• Expansion into new application areas like functional foods and advanced cosmetics

Get Full Report Here:
Frankincense Essential Oil Market – View in Detailed Research Report

The companies listed above are not only supplying a cherished ancient remedy—they are custodians of its future, ensuring that the benefits of Frankincense can be enjoyed by generations to come through responsible and innovative practices.

Get Full Report Here:
Frankincense Essential Oil Market – View in Detailed Research Report