The global demand for Black Cumin Seed Oil Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period of 2022 - 2028. Regarding volume, the market was calculated XX K Units in 2021 and forecast to touch XX K Units by 2028 with a CAGR of XX% during 2022-2028.
Black cumin seed oils have been found to have healing effects and be capable of curing or alleviating various medical and skin ailments. Black cumin seed oil is made by pressing the seeds of the Nigella sativa plant. It has been employed in multiple medicinal applications because of its reparative and regenerative qualities. The health benefits of black cumin seed oils include relief from rheumatoid arthritis and asthma symptoms and cholesterol and blood pressure control. The thymoquinone's antioxidant and anti-inflammatory component in black cumin seed oils can combat cancers. Black cumin seed oil is high in vitamins, minerals, and fatty acids, and it provides mild nourishing moisture that absorbs quickly. It creates the appearance of glowing, smooth, moisturized, and nourished skin. Black cumin seed oil is an antiseptic and antibacterial substance that kills bacteria on the skin while limiting their growth, making it a common element in pharmaceuticals.
Market Dynamics
The black cumin seed oil is becoming increasingly popular due to the numerous benefits it provides. The multiple health benefits of black cumin seed oil and increased consumer knowledge of black cumin seed oil have increased the demand for black cumin seed oil. Black cumin seed oils for topical use are in high demand since they boost skin health, hydrate, soothe, and nourish the skin. It's also used aesthetically to fight dangerous free radicals, prevent wrinkles, dark spots, and blemishes, and minimize the appearance. The growing knowledge of the health advantages of using black cumin seed oil on skin and hair is expected to boost demand for black cumin seed oil. During the forecast period, demand for black cumin seed oil in the form of encapsulated soft-gel capsules as nutraceuticals for boosting immunity, improving digestion, promoting weight loss, strengthening hair follicles, rejuvenating the appearance of skin, and preventing type 1 and type 2 diabetes is expected to drive the black cumin seed oil market. Furthermore, the usage of black cumin seed oil in culinary applications as a flavouring agent to add scent and taste to salad dressings, bread, bakery items, curries, and other dishes is expected to contribute significantly to the market's growth. Black cumin seed seed oil has several benefits that are primarily driving the black cumin seed oil market, including its potential use to alleviate asthma, allergies, and other respiratory issues, as well as its ability to balance the immune system, reduce cancer tumours, induce anti-inflammatory properties for encephalomyelitis, colitis, peritonitis, oedama, and arthritis by suppressing the inflammatory mediators prostaglandins and leukotriens, and fight microbes such as bacteria, viruses, helminths, and fungus, improve digestion and reduce gas, bloating, and stomach pain, address skin disorders like eczema and psoriasis, support healthy cholesterol levels, normalize blood pressure, and inhibit Candida and fungal growth. The market limitations for black cumin seed oil are minor, but they can harm the market. They include low market penetration due to a lack of awareness about the product and a lack of viable alternatives.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of black cumin seed oil. The growth and trends of Black Cumin Seed Oil Industry provide a holistic approach to this study.
Market Segmentation
This section of the black cumin seed oil market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Product Type
- Food Grade
- Cosmetic Grade
By Product Application
- Soap
- Health Food
- Personal Care Products (Massage Oils, Skin Care Products)
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Black Cumin Seed Oil market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Black Cumin Seed Oil Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the black cumin seed oil market include Henry Lamotte OILS GmbH, FLAVEX Naturextrakte GmbH, Henry Lamotte Oils GmbH, Kerfoot Group, Earthoil Plantations, Life Extension, Nuverus, Omega Pharma, BioPraep. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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