Black Seed Oil Market Key Insights Based on Product Type, End-Use and Regional Demand Till 2020-2027

The GMI Research forecasts that the black seed oil market is witnessing an upsurge in demand during the forecast period. This is mainly due to the high demand for black seed oil-based products and the increasing preference of consumers towards the use of natural ingredients.

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Black Seed Oil Market’s leading Manufacturers:

  • The Blessed Seed
  • Z-Company
  • Hab Shifa
  • Amazing Nutrition
  • Organika Health Products Inc.
  • Complete Organics
  • Kerfoot Group
  • Henry Lamotte Oils GmbH
  • Sabinsa Corporation
  • Safa Honey Company

Black Seed Oil Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)

Key Drivers

The global black seed oil market is expected to grow at a significant rate during the forecast period due to the high demand for black seed oil-based products and the increasing preference of consumers towards the use of natural ingredients. The skin and health benefits such as improves asthma and other respiratory issues, decreases liver and kidney disease, encourages healthy cholesterol levels, helps in regulating blood sugar levels, balance the immune system, and strengthen skin are the factors contributing to the growth of the black seed oil market. Additionally, some other factors, such as boosts in hair growth, helpful in battling fungal infections and candida in the digestive system and are a very useful remedy against scars will further pay the way for the growth of the market. On the other hand, the factors hindering the growth of the black seed oil market include increasing health problems regarding digestion include stomach upset and vomiting, variations in prices of raw material, limited awareness among the consumers associated with the use of black seed oil-based products, and selection of substitutes.

Regional Drivers

Based on the region, the Asia-Pacific is expected to increase at a higher CAGR during the forecast period. The increasing plantation of the nigella plant is further augmenting the growth of the market. There has been an upsurge in demand in China owing to the rising consumer awareness associated with health benefits with the adoption of a healthy diet routine, thus fuelling the growth of the global black seed oil market. On the other hand, Europe is anticipated to dominate the market include the growing use of natural ingredient-based cosmetics and personal care products.

Black Seed Oil Market Segmentation:

Segmentation by Form:

  • Capsule
  • Oil

Segmentation by Application:

  • Personal Care & Cosmetics
  • Pharmaceuticals
  • Nutraceutical
  • Flavoring & Dressing
  • Others

Segmentation by End-Users:

  • Online Stores
  • Supermarkets
  • Specialized Stores
  • Others

Segmentation by Region:

  • North America

o   United States of America

o   Canada

  • Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

  • Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

  • RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a market research and consulting company that provides syndicated research reports, consulting services, and customized market research reports. Our reports are based on market intelligence studies to ensure relevant and fact-based research across numerous sectors, including healthcare, automotive, information technology & communication, FMCG, and other industries. GMI Research’s deep understanding related to the business environment helps us in generating objective strategic insights. Our research teams consisting of seasoned analysts and researchers have hands-on experience in various regions, including Asia-pacific, Europe, North America, and the Rest of the World. The market research report offers in-depth analysis, which contains refined forecasts, a bird’s eye view of the competitive landscape, factors impacting the market growth, and several other market insights to aid companies in making strategic decisions. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to help our clients to stay ahead of the curve.

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