The GMI Research predicts that the Black Seed Oil Market will perceive an augmenting demand over the forecast period. This is mainly because of the increasing drift of individuals towards natural ingredients across different applications, ongoing product innovation, and rising adoption for industrial uses.
Introduction of the Black Seed Oil Market
Black seed oil produced from the nigella plant includes the essential amino acids which are synthesized to make the whole protein. Also, the oil is extensively used across pharmaceuticals, flavoring & dressing, cosmetics & personal care. It is rich in major nutrients such as vitamin B1, calcium, iron, copper, vitamin B2, folic acid, vitamin B3, zinc, and phosphorous.
Key Players of Market:
- Complete Organics
- Kerfoot Group
- Safa Honey Company
- The Blessed Seed
- Z-Company
- Amazing Nutrition
- Sabinsa Corporation
- Hab Shifa
- Organika Health Products, Inc.
- Henry Lamotte Oils GmbH
Black Seed Oil Market Dynamics
The factor impelling the growth of the global black seed oil market includes the skin and health advantages imparted by them such as meliorating asthma and other respiratory ailments, stabilizing the immune system, reducing liver and kidney disease, help in balancing blood sugar levels, fighting with candida in digestive systems and fungal infections as well as strengthening hair growth and skin. In addition, they serve as a convenient solution against scars, thereby strengthening the market black seed oil Market size. Besides this, the augmenting inclination of consumers towards natural ingredients and the surging demand for this oil-based product further stimulates market growth. However, the unstable prices of raw materials, availability of substitutes, and the health issues concerned with their usages like stomach infection and vomiting may restrain the market growth.
Application Segment Drivers
Based on application, pharmaceutical is projected to capture a larger share over the coming years. This is because of the aggravating demand for organic medicine and high incidences of diseases like allergies, headaches, diabetes, and asthma. Additionally, the increasing proof that the oil helps to reduce the size of the tumor in rats is propelling the black seed oil market share.
Regional Drivers
As per the regional coverage, Asia-Pacific is expected to expand at a notable rate because of the expansion in the planting of Nigellia. Moreover, the global black seed oil market report states that the demand in China is contributing to the market share as a result of the intensifying knowledge among consumers regarding health benefits concerned with the acquisition of a healthy diet routine has bolstered the market growth.
Black Seed Oil Market Segmentation:
Segmentation by Form
- Capsule
- Oil
Segmentation by Application
- Personal Care & Cosmetics
- Pharmaceuticals
- Nutraceutical
- Flavoring & Dressing
- Others
Segmentation by End-User
- Online Stores
- Supermarkets
- Specialized Stores
- Others
Segmentation by Region:
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- North America
- United States of America
- Canada
- RoW
- UAE
- Brazil
- South Africa
- Saudi Arabia
About GMI Research
GMI is a consulting and market research organization assisting its clients to reach actionable and managerial decisions. The organization, with the help of expert analysts and research team, offers a detailed market research report and business perception to various SMEs. Our team of research analysts collects all the required information about the sectors using external and internal data basis. We offer step-by-step guidance to our client to comprehend them about the upcoming challenges and opportunities. The team further assists in acknowledging the influence of market size, drivers, growth opportunities, and restraints.
