Black Seed Oil Industry Overview
The global black seed oil market size was estimated at USD 18.0 million in 2021 and is expected to expand at a CAGR of 7.2% from 2022 to 2028.
The rising need to boost the immunity system, increasing consumer awareness, and the busy lifestyle of citizens are expected to promote market growth over the next few years. Consumer awareness of physical fitness and adoption of a healthy dietary lifestyle is driving consumer interest to include immunity-boosting elements in their daily diet, which will enhance the demand for black seed oil and encourage market growth. The remarkable features of black seed oil, such as its high content of copper, vitamin B, zinc, phosphorous, calcium, and folate, are anticipated to make it ideal for use as a daily dietary supplement, boosting demand for the product. Increased cases of chronic diseases and lifestyle disorders such as cholesterol, Alzheimer's disease, diabetes, heart difficulties, obesity, blood pressure, and others are predicted to shift consumer attention to organic therapies for addressing these conditions, boosting the market growth.
Gather more insights about the market drivers, restrains and growth of the Global Black Seed Oil Market
Black seed oil is extracted from Nigella Sativa seeds. The plant is also called black caraway, black cumin, nigella, or kalonji and can be offered as oil, powder, tablets, capsules, and soft gel. Nigella sativa is majorly cultivated in Southwest & Western Asia, the Middle East, North America, and Eastern Europe. Due to increased product demand from various applications such as medicine, cosmetic product formulations such as facial creams, face washes, body washes, body lotions, and functional foods, the black seed oil is likely to see significant growth throughout the forecast period. The simplicity of formulation and miscibility in diverse components are two factors that contribute to black seed oil's widespread use in a range of applications.
Furthermore, rising consumer awareness of the long-term negative effects of chemical-based products on human skin and scalp, as well as the rising prevalence of skin issues such as inflammation, acne, and psoriasis, is promoting the use of natural components such as black seed oil and boost the market growth in upcoming years. Pharmaceutical firms' increased attempts to limit the use of chemical-based ingredients in various medicine formulations could encourage the use of organically derived substances such as black seed oil in drug manufacture, hence increasing sales. However, a lack of consumer understanding of the product's health advantages, particularly in developing countries, may hamper the market's expansion.
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Key Companies Profile
Some of the prominent players in the black seed oil market include:
- TriNutra, Ltd.
- Z-COMPANY
- The Kerfoot Group Limited
- Sabinsa Corporation
- FLAVEX Naturextrakte GmbH
- Amazing Nutrition
- Safa Honey Co.
- ConnOils LLC
- SanaBio GmbH
- Manish Agro
Order a free sample PDF of Black Seed Oil Market Intelligence Study, published by Grand View Research.
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These segments are studied in detail incorporating the market estimates and forecasts at regional and country level.
The segment analysis is useful in understanding the growth areas and probable opportunities of the market.Download Free Sample Report of Global Black Seed Oil Market @ https://www.decisiondatabases.com/contact/download-sample-23340The report also covers the complete competitive landscape of the global Black Seed Oil market with company profiles of key players such as: Swanson Health ProductsHemani HerbalPure EncapsulationsYUPINXIANGCHEUREUXMedihealLUKENIThe detailed description of each has been included, with information in terms of H.Q, future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other latest industrial developments.SEGMENTATIONS IN THE REPORT: By ProductFood GradeCosmetic GradeBy ApplicationsFoodCosmeticOthersBy Geography:North America (NA) – US, Canada, and MexicoEurope (EU) – UK, Germany, France, Italy, Russia, Spain & Rest of EuropeAsia-Pacific (APAC) – China, India, Japan, South Korea, Australia & Rest of APACLatin America (LA) – Brazil, Argentina, Peru, Chile & Rest of Latin AmericaMiddle East and Africa (MEA) – Saudi Arabia, UAE, Israel, South AfricaBrowse the complete Global Black Seed Oil Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027 @ https://www.decisiondatabases.com/ip/23340-black-seed-oil-market-report The Global Black Seed Oil Market has been exhibited in detail in the following chapters –Chapter 1 Black Seed Oil Market Preface Chapter 2 Executive SummaryChapter 3 Black Seed Oil Industry AnalysisChapter 4 Black Seed Oil Market Value Chain AnalysisChapter 5 Black Seed Oil Market Analysis By ProductChapter 6 Black Seed Oil Market Analysis By ApplicationChapter 7 Black Seed Oil Market Analysis By GeographyChapter 8 Competitive Landscape Of Black Seed Oil CompaniesChapter 9 Company Profiles Of Black Seed Oil IndustryPurchase the complete Global Black Seed Oil Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-23340Other Reports by DecisionDatabases.com:Global Garlicin Oil Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027Global Corn Oil Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027Global Sweet Almond Oil Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
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