About Black Seed Oil
Black seed oil is that the oil extracted from the seeds of Nigella sativa, a plant that is in the main cultivated in Southwest Asia and a few elements of the center East. It possesses medicative properties and might be used as a good remedy for set many ailments as well as polygenic disorder, cholesterol, asthma, arthritis, metastasis infections, etc. it is a rich supply of B complex, copper, calcium, zinc, phosphoric and pteroylglutamic acid a rich seemingly to create it a perfect alternative for consumption as a daily dietary supplement.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Billion) |
CAGR | 7.3% |
The global market for the black seed oil is fragmented by the global players owing to rising awareness for healthy food consumptions and demand for the plant-based diets. The players should focus on the innovative product launchers and clean label packaging for grabbing the market share and sustaining the high competition. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Black Seed Oil market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Sabinsa Corporation (United States), OAS Products (Brazil), Safa Honey Company (India), Kerfoot Group (United Kingdom), Manish Agro (India), Sanabio (Germany), Z-company (United States), Organika Health Products, Inc. (Canada), Flavex, Inc. (Germany) and Amazing An Nutrition, Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Biosash Business Pvt. Ltd. (India).
Segmentation Overview
AMA Research has segmented the market of Global Black Seed Oil market by , Application (Food and Beverages, Pharmaceuticals, Nutraceutical, Personal care & Cosmetics and Others) and Region.
On the basis of application, Nutraceutical segment is dominating the market in the year 2023 where as Personal care & cosmetics segment stood as second largest market .On the basis of geography, the market of Black Seed Oil has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Europe region held largest market share in the year 2023.
Influencing Trend:
Products Development and Infusion of the Black Seed Oil in Different Foods for Healthier Consumption
Market Growth Drivers:
Growing Black Seed Oil Demand in Functional Foods and Rising Demand for the Healthy Foods Consumption due to Rising Awareness of Health and Wellness
Challenges:
Absence of Regulatory Norms and Usage Directions by Experts and Lack of Consumer Awareness About Product
Restraints:
Side Effects Like Skin Allergies, Dermatitis and Hypotension Hampers the Market Growth
Opportunities:
Rise in Pharmaceutical Industries Applications
In 2019, Biosash Business Pvt. Ltd. Launched the premium supplement range of the naturally procured and processed ingredients black seed oil capsules for different health benefits. This launch included awareness about natural ingredients complementing healthy lifestyle and other products made from sea buckthorn berry.
Key Target Audience
Black Seed Oil Manufacturer, Distributor/Supplier, Research Institutes, End User Industry and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.