Global Black Seed Oil Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
“Global Black Seed Oil Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global black seed oil market report has been segmented on the basis of form, application, and region.
Global Black Seed Oil Market: Overview
Black seed oil is made from the Nigella sativa plant that is native to Southwest Asia. Black seed oil, an incredibly powerful seed oil, is used for herbal medicine and has gained acknowledgement for use in food dishes such as soups, curries, soups, and meat dishes, because of its aroma and taste. The black seed oil is also known as black cumin seed oil. It is an essential oil with diverse characteristics relating to health and wellness such as analgesic, anti-bacterial, anti-inflammatory, anti-fungal, antiviral, antioxidant, insulin sensitizing, anti-hypertensive, and others.
Global Black Seed Oil Market: Dynamics
Rising demand for natural ingredients in various sectors such as pharmaceuticals, food, and personal care is a major factor expected to drive growth of the target market in years to come. In addition, black seed oil is a good source of unsaturated fatty acid, which help in improving digestion and boosting immune system. Moreover, black seed oil contains many vitamins and nutrients such as vitamin B1, B2, B3, folate, calcium, phosphorous, copper, and zinc, in order to support different body functions is another factor expected to support growth of the target market. Furthermore, growing demand for high quality natural product in bakery, nutraceutical products, and functional foods which contain thymoquinone, p-cymene, carvacrol, longifolene, α-thujene, β-pinene, and α-pinene are factors expected to boost growth of the global black seed oil market in the near future.
However, melanthin present in the products can be toxic, and personal care products may cause allergy if applied directly onto skin in some individuals, are factors that could affect growth of the global black seed oil market.
Global Black Seed Oil Market: Segment Analysis
Among the form segments, the capsule segment is projected to register high growth in terms of revenue in the next 10 years, due to low cost and easy availability of the product.
Among the application segments, the personal care & cosmetic application segment is expected to account for major share in terms of revenue in the near future. These products contain a high level of anti-oxidants which can be used in protecting skin from harmful radicals in the environment. The pharmaceutical segment is anticipated to account for highest growth rate in the global market, due to its several health benefits such as asthma, headaches allergies, high blood pressure, diabetes, digestive disorder, and rheumatoid arthritis.
Global Black Seed Oil Market: Region Analysis
The Asia Pacific black seed oil market is expected to account for major share in terms of revenue in the next 10 years, owing to growing farm of Nigella sativa in the region. Increasing adoption rate of black seed oil in food supplements and pharmaceuticals in countries in the region, owing to its therapeutic properties such as to reduce cholesterol and glucose level. In addition, growing demand for nutraceutical product in countries such as India, China, and Japan in the region. The market in Europe is expected to register significant growth for black seed oil. This can be due to increasing demand for cosmetic & personal care product coupled with shifting consumer preference towards essential oil in countries such as Russia, Italy, UK, and Germany.
Global Black Seed Oil Market Segmentation:
Segmentation by Form:
Segmentation by Application:
- Personal Care & Cosmetics
- Flavors & Dressing
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Manish Agro, Inc.
- AOS Products
- Organika Health Products, Inc.
- Sabinsa Corporation, Inc.
- Z-company, Inc.
- Kerfoot Group, Inc.
- Flavex, Inc.
- Amazing Nutrition, Inc.
- Safa Honey Company, Inc.
- Sanabio GmbH, Inc.
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