Black Seed Oil Market
Black Seed Oil Market Size, Share & Trends Analysis Report, By Form Type (Capsule and Oil), By Application (Personal Care & Cosmetics, Pharmaceuticals, Nutraceutical, Flavoring & Dressing, and Culinary), Forecast Period (2022-2028)
Black seed oil market is anticipated to grow at a CAGR of 6.5% during the forecast period. Black seed oil is a supplement extracted from the seeds of Nigella sativa, a flowering plant that grows in Asia, Pakistan, and Iran. The black seed oil contains the phytochemicals thymoquinone, which can act as an antioxidant. Antioxidants detoxify harmful chemicals in the body called free radicals. The increasing use of black seed oil for various medicinal benefits such as curing several ailments including diabetes, cholesterol, asthma, and others is supporting to drive the market growth. These lifestyle chronic diseases are a major challenge across the globe. According to the Centers for Disease Control and Prevention (CDC), around 37.3 million people in the US have diabetes, which is around 11.3% of the US population, and around 96 million people aged 18 years or older have prediabetes. Black seed oil improves insulin production and blood sugar, thereby supporting curing disease. Therefore, the increasing prevalence of chronic diseases, such as diabetes contributes to the market growth during the forecast period.
Segmental Outlook
The global black seed oil market is segmented based on form type and application. Based on the form type, the market is segmented into capsule and oil. Based on the application, the market is segmented into personal care & cosmetics, pharmaceuticals, nutraceutical, flavoring & dressing, and others. The above-mentioned segments can be customized as per the requirements. Based on the form type, the oil segment is anticipated to hold a significant share in the global black seed oil market. The rising demand from various applications such as cosmetic products, body lotions, face washes, drug manufacturing, functional foods, and others is supporting the growth of the oil segment. In addition, the easy mixability and formulation also encourage the growth of the segment. The black seed oil-based products support hydrating skin and prevent acne and unwanted blemishes, and other problems. It also supports reducing the fine lines on the face and wrinkles owing to its anti-ageing properties. Most of the anti-ageing and cosmetics products are used by adults. According to the United Nations (UN) in 2019 there were around 704 million people aged 65 years or more across the globe. This number is anticipated to double to 1.5 billion in 2050. Hence, the increasing ageing population across the globe is expected to further propel the black seed oil segment as it is used in many cosmetics products.
Regional Outlook
The global black seed oil market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa and Latin America). The market can be analyzed for a particular region or country level as per the requirement. Asia-Pacific is anticipated to hold a significant share in the global black seed oil market during the forecast period owing to the increasing cultivation of black seed oil which provides a sufficient supply of raw black seed for the production of oil in the region.
Global Black Seed Oil Market Growth, by Region 2022-2028
Asia-Pacific to Witness Potential Share in the Market During the Forecast Period.
Asia-Pacific is anticipated to hold a significant share in the global black seed oil during the forecast period. The region is major for the cultivation of black seed and it is derived from the plant Nigella sativa which is mainly found in this region. Therefore, it has a sufficient amount of raw black seeds for the extraction of oil, which in turn, is boosting the market growth in the Asia-Pacific. These black seed oils have many medicinal and other benefits which are good for health and owing to the large production of oil in the region, it is used by many industries and exported which boosts the market growth. Moreover, the increasing consumption of functional foods such as curries, soups, sauces, and other products fortified with natural ingredients is expected to raise the demand for black seed oil in the region.
Market Players Outlook
The major companies serving the global black seed oil market include Amazing Nutrition, FLAVEX Naturextrakte GmbH, Sabinsa Corp., The Kerfoot Group Ltd., and TriNutra Ltd. The market players are contributing significantly to the market growth by the adoption of various strategies including mergers and acquisitions, collaborations, and new product launches, to stay competitive in the market. For instance, in November 2020, TriNutra, Ltd. launched organic cold-pressed black seed oil with around 3% of the active ingredient thymoquinone. The product has taken three years to cultivate organically and boasts a positive impact on blood pressure and heart rates.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global black seed oil market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Recovery Scenario of Global Black Seed Oil Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Amazing Nutrition
3.1.1.1. Overview
3.1.1.2. Financial Analysis
3.1.1.3. SWOT Analysis
3.1.1.4. Recent Developments
3.1.2. FLAVEX Naturextrakte GmbH
3.1.2.1. Overview
3.1.2.2. Financial Analysis
3.1.2.3. SWOT Analysis
3.1.2.4. Recent Developments
3.1.3. Sabinsa Corp.
3.1.3.1. Overview
3.1.3.2. Financial Analysis
3.1.3.3. SWOT Analysis
3.1.3.4. Recent Developments
3.1.4. The Kerfoot Group Ltd.
3.1.4.1. Overview
3.1.4.2. Financial Analysis
3.1.4.3. SWOT Analysis
3.1.4.4. Recent Developments
3.1.5. TriNutra, Ltd.
3.1.5.1. Overview
3.1.5.2. Financial Analysis
3.1.5.3. SWOT Analysis
3.1.5.4. Recent Developments
3.2. Key Strategy Analysis
4. Market Segmentation
4.1. Global Black Seed Oil Market by Form Type
4.1.1. Capsule
4.1.2. Oil
4.2. Global Black Seed Oil Market by Application
4.2.1. Personal Care and Cosmetics
4.2.2. Pharmaceuticals
4.2.3. Nutraceutical
4.2.4. Flavoring and Dressing
4.2.5. Culinary
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. AOS Products Pvt. Ltd
6.2. Biopraep
6.3. HalalEveryday
6.4. Healths Harmony Usa Supplements LLCLlc
6.5. Inlife Healthcare
6.6. Life Extension Foundation Buyers Club, Inc.
6.7. Manish Agro
6.8. Naturoil Food And Chemical Industry Trade Ltd. Co.
6.9. Nuverus Usa Inc.
6.10. Safa Honey Company
6.11. Sanabio
6.12. The Black Seed Co.
6.13. Z-Company
6.14. Zhou Nutrition
1. GLOBAL BLACK SEED OIL MARKET RESEARCH AND ANALYSIS BY FORM TYPE, 2021-2028 ($ MILLION)
2. GLOBAL BLACK SEED OIL IN CAPSULE FORM MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL BLACK SEED OIL IN OIL FORM MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL BLACK SEED OIL MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
5. GLOBAL BLACK SEED OIL FOR PERSONAL CARE & COSMETICS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL BLACK SEED OIL FOR PHARMACEUTICALS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL BLACK SEED OIL FOR NUTRACEUTICAL MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL BLACK SEED OIL FOR FLAVORING & DRESSING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL BLACK SEED OIL FOR CULINARY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL BLACK SEED OIL MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)
11. NORTH AMERICAN BLACK SEED OIL MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
12. NORTH AMERICAN BLACK SEED OIL MARKET RESEARCH AND ANALYSIS BY FORM TYPE, 2021-2028 ($ MILLION)
13. NORTH AMERICAN BLACK SEED OIL MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
14. EUROPEAN BLACK SEED OIL MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
15. EUROPEAN BLACK SEED OIL MARKET RESEARCH AND ANALYSIS BY FORM TYPE, 2021-2028 ($ MILLION)
16. EUROPEAN BLACK SEED OIL MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
17. ASIA-PACIFIC BLACK SEED OIL MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
18. ASIA-PACIFIC BLACK SEED OIL MARKET RESEARCH AND ANALYSIS BY FORM TYPE, 2021-2028 ($ MILLION)
19. ASIA-PACIFIC BLACK SEED OIL MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
20. REST OF THE WORLD BLACK SEED OIL MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
21. REST OF THE WORLD BLACK SEED OIL MARKET RESEARCH AND ANALYSIS BY FORM TYPE, 2021-2028 ($ MILLION)
22. REST OF THE WORLD BLACK SEED OIL MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
1. GLOBAL BLACK SEED OIL MARKET SHARE BY FORM TYPE, 2021 VS 2028 (%)
2. GLOBAL BLACK SEED OIL IN CAPSULE FORM MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
3. GLOBAL BLACK SEED OIL IN OIL FORM MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
4. GLOBAL BLACK SEED OIL MARKET SHARE BY APPLICATION, 2021 VS 2028 (%)
5. GLOBAL BLACK SEED OIL FOR PERSONAL CARE & COSMETICS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
6. GLOBAL BLACK SEED OIL FOR PHARMACEUTICALS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
7. GLOBAL BLACK SEED OIL FOR NUTRACEUTICAL MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
8. GLOBAL BLACK SEED OIL FOR FLAVORING & DRESSING MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
9. GLOBAL BLACK SEED OIL FOR CULINARY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
10. GLOBAL BLACK SEED OIL MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
11. US BLACK SEED OIL MARKET SIZE, 2021-2028 ($ MILLION)
12. CANADA BLACK SEED OIL MARKET SIZE, 2021-2028 ($ MILLION)
13. UK BLACK SEED OIL MARKET SIZE, 2021-2028 ($ MILLION)
14. FRANCE BLACK SEED OIL MARKET SIZE, 2021-2028 ($ MILLION)
15. GERMANY BLACK SEED OIL MARKET SIZE, 2021-2028 ($ MILLION)
16. ITALY BLACK SEED OIL MARKET SIZE, 2021-2028 ($ MILLION)
17. SPAIN BLACK SEED OIL MARKET SIZE, 2021-2028 ($ MILLION)
18. REST OF EUROPE BLACK SEED OIL MARKET SIZE, 2021-2028 ($ MILLION)
19. INDIA BLACK SEED OIL MARKET SIZE, 2021-2028 ($ MILLION)
20. CHINA BLACK SEED OIL MARKET SIZE, 2021-2028 ($ MILLION)
21. JAPAN BLACK SEED OIL MARKET SIZE, 2021-2028 ($ MILLION)
22. SOUTH KOREA BLACK SEED OIL MARKET SIZE, 2021-2028 ($ MILLION)
23. REST OF ASIA-PACIFIC BLACK SEED OIL MARKET SIZE, 2021-2028 ($ MILLION)
24. REST OF THE WORLD BLACK SEED OIL MARKET SIZE, 2021-2028 ($ MILLION)
