Black Cumin Seed Oil Market- By Product Type , By Application , By Distribution Channel , By Geography - Global Opportunity Analysis & Industry Forecast, 2024 - 2030

Report Code: FBR 0297 Report Format: PDF + Excel
Black Cumin Seed Oil Market Overview

Black Cumin Seed Oil Market Size is forecast to reach $ 34,146.11 Million by 2030, at a CAGR of 7.50% during forecast period 2024-2030.  Black cumin seed oil, also termed Black seed oil or black coriander oil is obtained from the Nigella sativa plant that is indigenous to Asia. The antioxidants and additional beneficial compounds in black cumin seed oil may boost the immune system. Numerous investigations analyze this impact. When provided black seed oil, one may endure a more powerful immune system response instantly subsequent to exercise. The principal constituent of black cumin termed thymoquinone displays anti-inflammatory characteristics, assisting in treating the immune response that brings about pain, swelling and redness. Thymoquinone is also considered an analgesic that assists in handling pain. Hematological investigations on black cumin oil from the seeds of Nigella sativa L have been conducted. The methanol soluble portion of black cumin oil, which is made by compression of seeds of Nigella sativa L., demonstrated inhibitory impacts on arachidonic acid (AA)-induced platelet aggregation and blood coagulation. A high level of insulin assists in decreasing the raised-up glucose levels that bring about diabetes. Different research investigations performed on mice have demonstrated the ability of black cumin oil to combat type I diabetes. The oil is insulin-sensitizing and therefore assists in boosting the sensitivity of the liver cells to insulin thereby performing to avert type 2 diabetes. Certain typical Black Cumin Seed Oil Industry applications include opposing tumor impacts of cancer and treating type 1 diabetes and type 2 diabetes.

The possible application of Black Cumin Seed Oil to relieve asthma, allergies and additional respiratory issues is set to drive the Black Cumin Seed Oil Market. The beneficial medicinal features of black cumin seed oil like analgesic, antibacterial, anti-inflammatory, antifungal, antiviral, insulin-sensitizing and anti-hypertensive characteristics utilized in the treatment of different ailments like decrease of blood sugar, cholesterol relief, alleviation of blood pressure levels, weight loss and safeguarding of brain health are set to propel the growth of the Black Cumin Seed Oil Industry during the forecast period 2022-2027. This represents the Black Cumin Seed Oil Industry Outlook.

Black Cumin Seed Oil Market Report Coverage

The Black Cumin Seed Oil Market Report - Forecast (2022-2027)” by Industry ARC, covers an in-depth analysis of the following segments in the Black Cumin Seed Oil Market.

by Product Type: Food Grade and Cosmetic Grade.
by Application: Personal Care & Cosmetics, Pharmaceuticals, Flavouring And Dressing, Culinary and Others.
by Distribution Channel: Supermarkets And Hypermarkets, Specialty Stores, Online Stores and Others.
by Geography: North America (the US, Canada and Mexico), Europe (Germany, France, the UK, Italy, Spain, Russia and the Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand and the Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia and the Rest of South America) and the Rest of the World (the Middle East and Africa).

Key Takeaways

  • Geographically, Asia-Pacific (Black Cumin Seed Oil Market share) accounted for the highest revenue share in 2021 and it is poised to dominate the market over the period 2022-2027 due to the existence of countries like India, Indonesia, Singapore, Malaysia and Sri Lanka which are top exporters and manufacturers of Black Cumin Seed Oil in the Asia-Pacific region.
  • Black Cumin Seed Oil Market growth is being driven by the surging application of black cumin seed oil in Indian and Middle Eastern Cuisine including food items like curries, soups, vegetables and meat dishes for a peppery flavor. However, the dearth of awareness among the people about the product is one of the major factors hampering the growth of the Black Cumin Seed Oil Market. 
  • Black Cumin Seed Oil Market Detailed Analysis of the Strengths, Weaknesses and Opportunities of the prominent players operating in the market would be provided in the Black Cumin Seed Oil Market report.

Black Cumin Seed Oil Market: Market Share (%) by Region, 2021

Black Cumin Seed Oil Market

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Black Cumin Seed Oil Market Segment Analysis - by Application

The Black Cumin Seed Oil Market based on the application can be further segmented into Personal Care & Cosmetics, Pharmaceuticals, Flavouring And Dressing, Culinary and others. The Personal Care & Cosmetics Segment held the largest Black Cumin Seed Oil Market share in 2021. This growth is owing to the heightening application of black cumin seed oil including antioxidants in these products. This can safeguard the skin from hazardous environmental radicals. Black cumin seeds contain arachidonic acid and other constituents. The amazing advantages of black cumin seed oil pertaining to the skin like combating aging, dryness and irritation are further propelling the growth of the Personal Care & Cosmetics segment.

Furthermore, the Pharmaceuticals segment is estimated to grow with the fastest CAGR of 8.5% during the forecast period 2022-2027 due to the surging demand for natural constituent medicines and the increasing predominance of asthma, allergies, headaches, diabetes and more.

Black Cumin Seed Oil Market Segment Analysis - by Distribution Channels

The Black Cumin Seed Oil Market based on distribution channels can be further segmented into Supermarkets And Hypermarkets, Specialty Stores, Online Stores and others. The Specialty Stores Segment held the largest Black Cumin Seed Oil Market share in 2021. This growth is driven by the increasing interest in healthy oil alternatives and agreeable demographics. Customers can examine and compare items in stores prior to buying them and they can take instant control of them. Black cumin seeds include arachidonic acid among other constituents. The surging accessibility of products including black cumin seed oil as a constituent due to its anti-inflammatory and insulin-sensitizing features along with the presence of antioxidants is further propelling the growth of this segment.

Furthermore, the Online Stores segment is estimated to grow with the fastest CAGR of 8.9% during the forecast period 2022-2027 due to the soaring inclination of customers towards online channels subsequent to the Coronavirus (COVID-19) pandemic to minimize physical connectivity with people and convenience of shopping right at home at just a click of the mouse.

Black Cumin Seed Oil Market Segment Analysis - by Geography

The Black Cumin Seed Oil Market based on geography can be further segmented into North America, Europe, Asia-Pacific, South America and the Rest of the World. Asia-Pacific (Black Cumin Seed Oil Market) held the largest Black Cumin Seed Oil Market share with 35% of the overall market in 2021. The growth of this region is fueled by the surging cultivation of black seed which offers a constant supply for the manufacture of black seed oil in the Asia-Pacific region. The soaring awareness of the health advantages of black cumin seed oil like its anti-inflammatory and insulin-sensitizing characteristics along with the presence of antioxidants is further propelling the growth of the Black Cumin Seed Oil Industry, thereby contributing to the Black Cumin Seed Oil Industry Outlook in the Asia-Pacific region.

Furthermore, the North American region is estimated to be the region with the fastest CAGR over the forecast period 2022-2027. This growth is driven by factors like the beneficial impacts of black cumin seed oil on the immunological system and the surging application of black cumin seed oil for eczema and rashes in the North American region. Black cumin seeds include thymoquinone, beta-sitosterol, myristic acid, palmitic acid, palmitoleic acid, stearic acid, oleic acid, linoleic acid, linolenic acid, arachidonic acid, protein, vitamin B1, vitamin B2, vitamin B3, folic acid, calcium, iron, copper, zinc and phosphorous. The increasing application of black cumin seed oil as a spice, natural seasoning or flavoring in the U.S. is further fueling the progress of the Black Cumin Seed Oil Market in the North American region.

Black Cumin Seed Oil Market Drivers

Surging Applications of Black Cumin Seed Oil Products:

Nearly all Black Cumin Seed capsules are marketed online to include 500mg of cold-pressed Nigella sativa oil. Certain investigations have demonstrated that consuming 100-200mg of black seed oil twice a day can assist in decreasing blood pressure. Or, consuming 500mg of black seed oil two times a day can be good if one has asthma. Nearly all of the nutritional value of black seed oil comes from the abundant content of unsaturated fatty acids that have antioxidant characteristics. Black seed oil includes big quantities of linoleic acid and oleic acids. It also includes numerous medicinal and therapeutic characteristics that are good for the skin and general health. The antibacterial and anti-inflammatory impact of black seed oil is excellent for treating skin conditions and skin infections. Black seed oil is also good for the hair owing to its ability to improve the condition of the hair and may even avoid hair loss. One can also consume black seed oil capsules for weight loss, to decrease cholesterol and handle diabetes symptoms. The surging applications of Black Cumin Seed Oil products are therefore fuelling the growth of the Black Cumin Seed Oil Industry, thereby contributing to the Black Cumin Seed Oil Industry Outlook during the forecast period 2022-2027.

Soaring Significance of Insulin Sensitizing Action of Black Cumin Seed Oil:

Researchers have discovered that Black Cumin Seed Oil may assist in enhancing insulin production and curb blood sugar levels. It is also termed N. Sativa oil or black cumin oil and is extracted from the seeds of the Nigella sativa plant, also known as kalonji. Diabetes is a typical ailment that influences the capability of the body to generate and respond to insulin. Amidst other impacts, this condition leads to raised blood sugar (glucose) levels. Treatment frequently involves medicine to assist in handling blood sugar levels. There are two principal types of diabetes: Type 1 and Type 2. As per World Health Organization (WHO), in 2019, diabetes was the ninth chief cause of demise with approximately 1.5 million demises directly brought about by diabetes. Research is continuing to discover alternative and complementary medicines that can assist in the correction of blood sugar levels. Black seed oil is the spotlight of some of that research. As per an overview in the British Journal of Pharmaceutical Research, the role of N. Sativa seeds in treating diabetes is considerably significant (improving insulin production, glucose tolerance and beta cell proliferation). This could back the insulin-sensitizing action of black cumin seeds. The overview determined that the seeds can also play a significant role in the treatment of diabetes complexities like nephropathy, neuropathy and atherosclerosis. Black cumin seed oil is packed with antioxidants making it a great inclusion to any healthy lifestyle. An antioxidant-abundant diet is thought to assist in avoiding an assortment of ailments like diabetes. The soaring significance of insulin-sensitizing action of Black Cumin Seed Oil is therefore driving the growth of the Black Cumin Seed Oil Market during the forecast period 2022-2027.

Black Cumin Seed Oil Market Challenge:

Adverse Impacts of Black Cumin Seed Oil are Hampering the Growth of the Black Cumin Seed Oil Market:

A Black Cumin Seed dosage of 2 tsp twice a day is suggested if one is combating ailment, infection or inflammation. 1 to 2 tsp per day is considered adequate for people utilizing it as a preventative. Black cumin seed oil generates major adverse impacts to cause injury to the normal operation of the kidney, skin, blood circulation and heart. Pregnant women, children, allergic patients with pre-existing signs of skin itchiness and diabetic patients have to be irregular to utilize this herbal health recovery medicine. There are certain black cumin seed oil side effects that involve nausea, bloating and a burning sensation on the skin for those sensitive to the volatile oils. These issues are, thus, hampering the growth of the Black Cumin Seed Oil Market.

Black Cumin Seed Oil Industry Outlook

Novel product launches, partnerships, joint ventures and mergers and acquisitions are key strategies adopted by players in the Black Cumin Seed Oil Market. The top 10 companies in the Black Cumin Seed Oil market are:

  1. Life Extension
  2. Nuverus
  3. FLAVEX Naturextrakte GmbH
  4. BioPraep
  5. Kerfoot Group
  6. Earthoil Plantations Ltd.
  7. Healths Harmony
  8. NOW Supplements
  9. Zhou Organic
  10. Amazing Herbs

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  1. Black Cumin Seed Oil - Market Overview
          1.1 Definitions and Scope
  2. Black Cumin Seed Oil Market - Executive Summary
  3. Black Cumin Seed Oil Market – Market Landscape
          3.1 Company Benchmarking - Key Companies
          3.2 Key Company Financial Analysis
          3.3 Market Share Analysis
          3.4 Patent Analysis
          3.5 Pricing Analysis (Comparison of General Price Offerings in the Market)
  4. Black Cumin Seed Oil Market – Startup Company Scenario 
          4.1 Investment
          4.2 Revenue
          4.3 Venture Capital and Funding Scenario
  5. Black Cumin Seed Oil Market – Industry Market Entry Scenario Premium 
          5.1 Regulatory Scenario
          5.2 New Business and Ease of Doing business index
          5.3 Case Studies of Successful Ventures
  6. Black Cumin Seed Oil Market - Market Forces
          6.1 Market Drivers
          6.2 Market Constraints
          6.3 Porter's five force model
                    6.3.1 Bargaining power of suppliers
                    6.3.2 Bargaining powers of customers
                    6.3.3 Threat of new entrants
                    6.3.4 Rivalry among existing players
                    6.3.5 Threat of substitutes
  7. Black Cumin Seed Oil Market – Strategic Analysis
          7.1 Value Chain Analysis 
          7.2 Opportunities Analysis
          7.3 Market Life Cycle Analysis
  8. Black Cumin Seed Oil Market – by Product Type (Market Size – $Million/$Billion) 
          8.1 Food Grade
          8.2 Cosmetic Grade
  9. Black Cumin Seed Oil Market – by Application (Market Size – $Million/$Billion) 
          9.1 Personal Care & Cosmetics
          9.2 Pharmaceuticals
          9.3 Flavouring And Dressing
          9.4 Culinary
          9.5 Others
  10. Black Cumin Seed Oil Market – by Distribution Channel (Market Size – $Million/$Billion) 
          10.1 Supermarkets And Hypermarkets
          10.2 Specialty Stores
          10.3 Online Stores
          10.4 Others
  11. Black Cumin Seed Oil Market - by Geography (Market Size - $Million/Billion)
          11.1 North America
                    11.1.1 The US
                    11.1.2 Canada
                    11.1.3 Mexico
          11.2 Europe
                    11.2.1 Germany
                    11.2.2 France
                    11.2.3 The UK
                    11.2.4 Italy
                    11.2.5 Spain
                    11.2.6 Russia
                    11.2.7 The Rest of Europe
          11.3 Asia-Pacific
                    11.3.1 China
                    11.3.2 Japan
                    11.3.3 South Korea
                    11.3.4 India
                    11.3.5 Australia & New Zealand
                    11.3.6 The Rest of Asia-Pacific
          11.4 South America
                    11.4.1 Brazil
                    11.4.2 Argentina
                    11.4.3 Chile
                    11.4.4 Colombia
                    11.4.5 The Rest of South America
          11.5 The Rest of the World
                    11.5.1 The Middle East
                    11.5.2 Africa
  12. Black Cumin Seed Oil Market - Market Entropy
          12.1 New product launches
          12.2 M&A's, collaborations, JVs and partnerships
  13. Black Cumin Seed Oil Market – Industry Competition Landscape 
          13.1 Market Share Analysis
                    13.1.1 Market Share by Region – Key Companies
                    13.1.2 Market Share by Countries – Key Companies
          13.2 Competition Matrix
          13.3 Best Practices for Companies
  14. Black Cumin Seed Oil Market – Key Company List by Country Premium 
  15. Black Cumin Seed Oil Market - Company Analysis
          15.1 FLAVEX Naturextrakte GmbH
          15.2 Nuverus
          15.3 Life Extension
          15.4 BioPraep
          15.5 Kerfoot Group
  * "Financials would be provided to private companies on best-efforts basis."
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