Black Cumin Seed Oil Market Growth:
Black Cumin Seed Oil Market reached a value of US$ 19.33 Mn. in 2022. The global market is expected to grow at a CAGR of 8.3% during the forecast period. The market is expected to reach a value of US$ 33.79 Mn. by 2029.
Black Cumin Seed Oil Market Report Overview
Maximise Market Research has issued papers to help clients understand the landscape of the Black Cumin Seed Oil Market in which they compete. The research provides market insights to help clients understand future demand for their product and the Black Cumin Seed Oil’s competitiveness. The Black Cumin Seed Oil market overview provides detailed information on the market’s size, trade data, key players, and several market metrics such as life cycle, trends, and so on.
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Market Dynamics:
Black cumin seed oil is becoming increasingly popular in a variety of industries, including pharmaceuticals and food.
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 Report Scope and Research Methodology
The Black Cumin Seed Oil market report delves into the importance of segments and regional markets, based on factors like market size and growth rate. A comprehensive overview of all segments and regions is outlined within the report. An in-depth analysis of projected statistics, significant developments, and revenue is encompassed in the Black Cumin Seed Oil market report. It also entails a thorough examination of the key strategies employed by leading market players to enhance business growth on a global scale while maintaining a competitive edge. The research on the Black Cumin Seed Oil market encompasses an evaluation of production, consumption, revenue, market share, and growth rates across the following regions: North America, Europe, Asia-Pacific, South America, the Middle East, and Africa. The application of SWOT analysis offers insights into the strengths and weaknesses of the Black Cumin Seed Oil market.
Black Cumin Seed Oil Market Segmentation:
by Distribution Channel
Specialty Store
Online
Supermarkets
Others
The Black Cumin Seed Oil Market is divided into the following distribution channels: specialty stores, online, supermarkets, and others. By 2029, the Specialty Store category is estimated to account for 35.6% of total market sales. The segment’s expansion was fueled by favourable demographics and a growing interest in healthy oil alternatives. Customers can view and compare things in stores before buying them, and they have instant control over them.
However, the online category is predicted to increase at a 9.4% CAGR over the forecast period. After the COVID-19 pandemic, people used to prefer less connectivity with the people, and therefore the sale of online sales has increased,
by Application
Personal Care & Cosmetic
Pharmaceuticals
Flavouring 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.
by Product Type
Food Grade
Cosmetic Grade
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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
Black Cumin Seed Oil Market Regional Insights:
The report is segmented into several key countries, with market size, growth rate, import and export of Black Cumin Seed Oil market in these countries, which covering North America, U.S., Canada, Mexico, Europe, UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and Middle East and Africa.
Table of Content: Black Cumin Seed Oil Market
Part 01: Executive Summary
Part 02: Scope of the Black Cumin Seed Oil Market Report
Part 03: Black Cumin Seed Oil Market Landscape
Part 04: Black Cumin Seed Oil Market Sizing
Part 05: Black Cumin Seed Oil Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
Key questions answered in the Black Cumin Seed Oil Market are:
- What are the Black Cumin Seed Oil Market segments?
- Which Black Cumin Seed Oil market segment is expected to grow rapidly during the forecast period?
- What is the expected CAGR of the Black Cumin Seed Oil market during the forecast period?
- Who are the top players in the Black Cumin Seed Oil industry?
- Which region is expected to grow at a high CAGR during the forecast period?
- Which region held the largest Black Cumin Seed Oil market share in 2024?
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Key Offerings:
- Market Overview
- Market Share
- Market Size
- Forecast by Revenue | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis by segments, sub-segments and region
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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