Black Cumin Seed Oil Market Trends, Share, Growth, Demand, Industry Analysis, Key Player Profile And Regional Outlook By 2030

Published: 2024-07-10
Views: 95
Author: Pujammr
Published in: Food & Drinks

Black Cumin Seed Oil Market Growth or Demand Increase or Decrease for what contains ?

The global Black Cumin Seed Oil Market reached a value of US$ 19.33 million in 2022 and is expected to grow significantly, with an anticipated value of US$ 33.79 million by 2029. This indicates a strong demand increase, driven by its extensive applications in various industries such as pharmaceuticals, food, and personal care.

Black seed oil is a supplement that is widely used in alternative medicine to treat a variety of conditions. Black seed oil can help with asthma, weight loss, and lower blood sugar and cholesterol levels. Aside from that, some people use black seed oil supplements to treat a range of conditions, including arthritis, allergies, asthma, diabetes, and weight management.
While some studies support health claims, the bulk are small and warrant further investigation. Black seed interacts with sedative medications (CNS depressants). Black seed may cause drowsiness and decrease breathing. Sedatives, or sleep aids, can also cause drowsiness and sluggish breathing.

Black Cumin Seed Oil Market CAGR Estimation:

The market is expected to grow at a CAGR of 8.3% during the forecast period (2023-2029).

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Black Cumin Seed Oil Market Segmentation:

The Black Cumin Seed Oil Market is segmented by:

Distribution Channel
- Specialty Stores
- Online
- Supermarkets
- Others
Application
- Personal Care & Cosmetics
- Pharmaceuticals
- Flavoring and Dressing
- Culinary
- Others

The market is divided into five segments based on application: personal care and cosmetics, pharmaceuticals, flavouring and dressing, culinary, and others. By 2029, the Personal Care & Cosmetics segment is estimated to account for 29.6% of total market value. These products include a high concentration of antioxidants, which can help protect the skin from harmful environmental radicals.
However, the Pharmaceuticals section is predicted to increase at a CAGR of 8.4% throughout the projection period. This is owing to a growth in demand for natural-ingredient treatments, as well as an increase in the occurrence of diseases such as asthma, allergies, headaches, diabetes, and other conditions.

Product Type
- Food Grade
- Cosmetic Grade

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Black Cumin Seed Oil Market Overview:

The Maximise Market Research study provides clients with a comprehensive understanding of the competitive landscape and acts as a useful resource for strategic planning. The comprehensive Black Cumin Seed Oil Market overview includes detailed information on market size, trade statistics, key players, and a number of industry indicators such as the life cycle and current trends.

Black cumin seed oil, known for its health benefits and culinary uses, is gaining popularity across various industries. Its applications range from alternative medicine to culinary uses in curries and soups, driven by its numerous health properties, such as antibacterial, antifungal, anti-inflammatory, and antioxidant.

Black Cumin Seed Oil Market Growth or Demand in which regions??

Asia Pacific: The leading region with the highest growth, expected to grow at a CAGR of 7.5% during the forecast period. Key contributors include India, Indonesia, Singapore, Malaysia, and Sri Lanka due to increased black seed cultivation and rising consumer preference for nutraceuticals.
North America: Significant market presence, particularly in the United States.
Europe: Countries such as Germany, the United Kingdom, and France are major importers of black cumin seed oil.

Black Cumin Seed Oil Market Scope & Methodology:

The competitive landscape of the Black Cumin Seed Oil market includes technological adoption, financial strength, portfolio, mergers and acquisitions, joint ventures, and strategic alliances. A thorough examination of the Black Cumin Seed Oil Market’s drivers, limits, opportunities, and challenges. The estimations and growth rates for the Black Cumin Seed Oil market were calculated using a bottom-up approach.

To gain insight into Black Cumin Seed Oil Market penetration, price dynamics, demand analysis, and competitive landscape, the report conducted regional analysis at the local, regional, and global levels. Essential information on the Black Cumin Seed Oil Market, including stakeholders, investors, and new entrants, is supplied to assist in the development of marketing strategies and investment plans.

The Black Cumin Seed Oil Market was studied utilising both primary and secondary data collection methods. Primary methods comprised surveys, questionnaires, and interviews with industry executives and business owners, whilst secondary data sources included news releases, annual and financial reports, white papers, and so on. The SWOT analysis was utilised to identify market vulnerabilities and weaknesses, while the PORTER framework was employed to evaluate industry competitiveness in the Black Cumin Seed Oil market.

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Black Cumin Seed Oil Market Key Players:

1. The Blessed Seed
2. Z-Company
3. Hab Shifa
4. Organika Health Products Inc.
5. Complete Capsules
6. Manish Agro, Inc.
7. AOS Products
8. Sabinsa Corporation, Inc.
9. Kerfoot Group, Inc.
10.Flavex, Inc.
11.Amazing Nutrition, Inc.
12.Safa Honey Company, Inc.
13.Sanabio GmbH, Inc.
14.Henry Lamotte Oils GmbH
15.Life Extension

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Key questions answered in the Black Cumin Seed Oil Market are:

What is Black Cumin Seed Oil Market?
What is the growth rate of the Black Cumin Seed Oil Market?
Which are the factors expected to drive the Black Cumin Seed Oil Market growth?
What are the different segments of the Black Cumin Seed Oil Market?
What are the factors restraining the growth of the Black Cumin Seed Oil Market?
What is the demand pattern of the Black Cumin Seed Oil Market?
What major challenges could the Black Cumin Seed Oil Market face in the future?

Key Offerings:

Past Market Size and Competitive Landscape
Past Pricing and price curve by region
Market Size, Share, Size & Forecast by different segment |
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation – A detailed analysis by segment with their sub-segments and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective

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