As per this study the Global Nigella Sativa Extract Market was valued USD XX MN (by revenue) in 2019 and is anticipated to reach USD XX MN by 2026 with a CAGR of XX%.
Nigella sativa is commonly used as a spice, a common name is black cumin. Nigella sativa is extracted from an herb and has significant application in pharmaceutical industries. It is also used as a food element for lowering the cholesterol level and for maintaining the blood pressure. Additionally, it possesses some important effects which include immune stimulation, anti-inflammatory, antioxidant, anticancer, hypoglycemic, antihypertensive, anti-asthmatic, antimicrobial and anti-parasitic, etc.
The increasing awareness among consumers about healthy lifestyle and herbal products is driving the market growth. Also, a wide range of applications in pharma and food industries are expected to accelerate market growth. Additionally, the property of anti-cancer, anti-inflammatory, and antioxidant of the product is further fuelling the market growth. On the other hand, slow penetration in the market and side effects of nigella sativa such as contact dermatitis, hypotension, and other allergic reactions may restrict market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of nigella sativa extract.
The broad nigella sativa extract market has been sub-grouped into form, end-user and distribution channel. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Distribution Channel
- Food industries
- Wholesaler retailers
- Online retail
- Specialty stores
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for nigella sativa extract in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Nigella Sativa Extract Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the nigella sativa extract market include ShiffaHome Natural Herbal Products Inc., Marie d’Argan, Sweet sunnah, Safa Honey Co., Black Seed Products, Inc., and Keter Wellness. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.