Industry Background:
Black cumin seed oil, which is also known by black seed, Kalonji, and Nigella sativa is native to North America and southeastern Asia. With an aroma and taste reminiscent of black pepper, onions, and oregano, this black cumin seed oil has gained acknowledgment for its various use in Indian or Middle Eastern cuisine, like as curries, vegetables, soups, and meat dishes for a peppery flavor. Additionally with this, black cumin seed oil has various characteristics pertaining to wellness and health such as anti-bacterial, analgesic, anti-inflammatory, anti-fungal, anti-hypertensive, antioxidant, antiviral, insulin-sensitizing, and others.This growth is primarily driven by Potential use to alleviate asthma, allergies, and other respiratory issues
.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Volume Unit | K Litre |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Chemicals - Organics sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Henry Lamotte OILS GmbH (Germany), FLAVEX Naturextrakte GmbH (Germany), Kerfoot Group (United Kingdom), Earthoil Plantations (Kenya), Life Extension (United States), Nuverus (United States), Omega Pharma (Belgium), BioPraep (Germany), The Blessed Seed (United Kingdom) and Z-Company (Netherlands), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In July 2015, Kerfoot is acquired by Avril Group a player in the French vegetable oil and protein industry
Manufacturers are developing new products using black cumin seed oil, such as dietary supplements, skin care products, and hair care products. These products offer a convenient and natural way to incorporate the potential health benefits of black cumin seed oil into daily life.The market is fragmented by key vendors who are focusing on production technologies, improving efficiency and shelf life. Growth opportunities can be captured by tracking the ongoing process improvement and financial flexibility to invest in optimal strategies
Regulatory Insights:
United States, the Food and Drug Administration (FDA) regulates dietary supplements, including black cumin seed oil supplements. The FDA has established regulations for the production, labeling, and marketing of dietary supplements to ensure that they are safe for consumption and labeled appropriately
Influencing Trend:
Growing advancements in the extraction technology
Market Growth Drivers:
Potential use to alleviate asthma, allergies, and other respiratory issues, Fight microbes including bacteria, viruses, helminths, and fungus, aid digestion, and decrease gas, bloating, and stomach pain and Treat skin problems like eczema and psoriasis, promote healthy cholesterol levels, normalizes blood pressure, Inhibits Candida and fungus growth
Challenges:
Side effects of black cumin seed oil, for instance, the onset of contact dermatitis, hypotension, and other allergic reactions
Restraints:
Lack of research, availability of numerous essential oils, and their potentially toxic nature at high dose and lack of awareness amongst the population regarding the product and selection of potential alternatives
Opportunities:
Growing demand from the developing region
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Black Cumin Seed Oil Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Black Cumin Seed Oil Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Black Cumin Seed Oil players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Black Cumin Seed Oil Study Sheds Light on
The Black Cumin Seed Oil Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Black Cumin Seed Oil industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Black Cumin Seed Oil industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.