Lettuce Leaf Basil Market By Application (Restaurants & Cafes, Residential, Pharmaceuticals), By Form (Fresh, Frozen), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Online Platforms) By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2022-2032

Lettuce Leaf Basil Market Overview:

Lettuce Leaf Basil Market is projected to reach a valuation of USD 66.56 million by 2031 at a CAGR of 1.3%, from USD 57.74 million in 2021.

Lettuce leaf basil (Ocimum basilicum crispum), a rare herb also known as large-leafed Italian, large leaf basil, or crispum basil, is a variety of basil. ‘Lettuce Leaf’ originated in Japan and has a large leaf size, as its name suggests.

While this variety of basil has larger leaves, it doesn’t taste the same as the Genovese variety. Instead, it has a sweet basil flavor. A welcomed addition to salads and is excellent when used in pesto and herbal oils. Its leaves are approximately 5 inches in length, i.e., 12.5 cm long, and the plant grows to 61 cm in height.

The appearance of these leaves is similar to that of a leaf of lettuce. These leaves are highly aromatic but are not quite as strong as other forms of basil and have been portrayed as possessing a clove and minty taste or, on the other hand, a gently spicy, peppery taste.

These herbs prefer warmer temperatures of around 25 to 30°C and can grow indoors and outdoors.

Properties:

Latin Name: Ocimum basilicum crispum

Plant Type: Herb

Flavor: Savory with a hint of mint and pepper

Nutritional Values: Contains vitamins C and A, as well as calcium, iron, potassium, and magnesium

Origin Country: Japan

Detailed Segmentation:

Based On Application

• Restaurants & Cafes
• Residential
• Pharmaceuticals

Based On Form

• Fresh
• Frozen

Based on the Distribution Channel:

• Supermarkets/Hypermarkets
• Convenience Stores
• Online Platforms

Segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Market Dynamics:

Lettuce leaf basil is widely used in salads, sandwiches, pizza, and other dishes as an alternative to pepper, paprika, oregano, and other herbs due to its health benefits as it possesses antioxidant, anti-inflammatory, anti-microbial, and anti-bacterial properties. Adding to this, increasing awareness levels concerning the benefits of vegan diets, the demand for fresh ingredients, and the increasing use of this herb in several cuisines are expected to augment this market further.

This herb needs fertile and moist soil to grow along with optimum weather conditions. Excessive consumption of this herb may lower blood sugar levels in some individuals. These elements could negatively influence the economic growth of this market.

However, the excellent nutritious properties of this herb allow for it to be used in dietary supplements, as these leaves also help to reduce stress and depression and increase mental awareness. This anticipated increase in demand is expected to create high revenue opportunities for players in this target market.

Competitive Landscape:

The global lettuce leaf basil market is relatively competitive, with a presence of a moderate number of local and global cultivators and distributors such as

• The Growers Exchange
• Southern Exposure Seed Exchange
• Burpee Holding Company Inc.
• Gardening Know How
• McKenzie Seeds>
• Seedaholic
• West Coast Seeds
• Baker Creek Heirloom Seeds
• Urban Farmer LLC
• Pinetree Garden Seeds,among others.

For the Lettuce Leaf Basil Market research study, the following years have been considered to estimate the market size: