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The global basil leaves market size reached approximately USD 1611.56 million in 2024. The market is further projected to grow at a CAGR of 4.20% between 2025 and 2034, reaching a value of USD 2333.75 million by 2034.
Basil leaves are obtained from the basil plant that is a member of the mint family. These large, green, and fragrant leaves are an integral part of various cuisines including Asian and Mediterranean, among others. They have a sweet and slightly peppery flavour along with cupped or toothed edges.
On the basis of type, the market is bifurcated into fresh basil leaves and dry basil leaves. Based on end use, the market is divided into food and beverage and pharmaceuticals, among others. On the basis of distribution channel, the market is categorised into offline and online. Based on region, the basil leaves market segmentation includes North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
Dry basil leaves are expected to account for a significant basil leaves market share in the coming years owing to their longer shelf life. They also offer various advantages including strong flavour and cost effectiveness. Dried basil leaves have a more concentrated flavour than fresh basil leaves along with an altered flavour profile making them suitable for seasoning tomato sauces, chickpeas, fish, meat, pasta, and soups, among others. Due to the savoury nature of dry basil leaves they are also used in the preparation of Italian seasonings and herbal tea blends.
The market is anticipated to witness significant growth in the Asia Pacific over the forecast period. This growth can be attributed to the rising demand for basil leaves for preparation of various Asian cuisines including Thai and Vietnamese, among others, because of their aromatic and bold flavours. The basil leaves market demand is also increasing in the region due to growing awareness about the various health benefits associated with basil including reduction of oxidative stress, prevention of heart diseases, reduced inflammation, and protection against infections, among others.
McCormick & Company, Inc., headquartered in Maryland, United States, is a food manufacturing and distribution company, supplying basil leaves, spices, and condiments, among other flavouring products to manufacturers and food outlets around the globe.
Mountain Rose Herbs, headquartered in Oregon, United States, is distributor, processor, and retailer of spices, teas, essential oils, and herbs. The company is known for providing sustainably sourced and organic products including, basil leaves.
Starwest Botanicals, LLC is known for supplying organic herbs, spices, essential oils, herbal extracts, and tea, among others. The company was founded in 1975 and is headquartered in California, United States.
Other basil leaves market key players include Frontier Cooperative, LLC, Litehouse, Inc., Nurtured in Norfolk, Rosa Food Products Co., Inc., and Bixa Botanical, among others.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2024 |
Forecast Period | 2025-2034 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by End Use |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market reached a value of approximately USD 1611.56 in 2024.
The market is projected to grow at a CAGR of 4.20% between 2025 and 2034.
The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach USD 2333.75 million by 2034.
The major market drivers include rising demand from the pharmaceutical sector due to the therapeutic properties of basil leaves and growing requirement of dry basil leaves in production of herbal tea blends and seasonings.
The key trends fuelling the growth of the market include increased utilisation of basil leaves in the production of hair care products and rising availability across various online distribution channels.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The end uses of basil leaves include food and beverage and pharmaceuticals, among others.
The key players in the market are McCormick & Company, Inc., Frontier Cooperative, Mountain Rose Herbs, Starwest Botanicals, LLC, Litehouse, Inc., Nurtured in Norfolk, Rosa Food Products Co., Inc., and Bixa Botanical, among others.
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Philippines
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Vietnam
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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