12-Aug-2020 | Zion Market Research
The global black seed oil market was valued at more than USD 18 million in 2019 and Zion Market Research expects significant development by the end of 2026. The global black seed oil market share is competitive and fragmented with prominent players such as AOS Products, Manish Agro, Sanabio, Safa Honey Company, Z-company, Sabinsa Corporation, and Kerfoot Group. Firms are comprised in sourcing quality raw substances so as to produce value added goods and new industry players are expected to enter this sector due to its increasing applications in pharmaceuticals and food.
Increasing Requirement For Pharmaceutical Goods Expected To Power The Global Market For Black Seed Oil By 2025
Increasing requirement for pharmaceutical goods with natural elements due to their non-toxic nature and benefits is expected to power the global market for black seed oil by 2026. These goods are sourced from nigella sativa, which has active compounds that can be employed for medicinal applications. Black cumin seed oil is an origin of unsaturated fatty acids that assists in enhancing digestion and powering immune system. These factors are expected to additionally power requirement of product in years to come.
Black cumin essential oil and its seeds have been used widely in nutraceuticals products and functional foods. These goods have α-pinene, p-cymene, α-thujene, thymoquinone, β-pinene, longifolene, and carvacrol, which are vital in the making of nutraceuticals goods. Nutraceuticals market is expected to cross USD 570 billion by 2025, due to developing user awareness and e-commerce, which is expected to tower size of the global black seed oil market.
These goods have thymoquinone, which might show tumor lowering properties. It can be used in the form of capsules or oil or can be topically applied so as to treat skin issues, therefore powering demand of the product. Increasing requirement for high quality natural goods in bakery so as to formulate functional foods is expected to stimulate size of the global cumin seed oil market.
These goods also assist in relieving eczema and respiratory symptoms. In addition to this, it might be employed in curing rheumatoid arthritis. As per Zion Market Research, product employment in treatment resulted in a drop in number of swollen joints, arthritis symptoms, and inflammatory markers’ blood levels, therefore stimulating the size of the global market.
Black Seed Oil Market In Asia Pacific Is Predicted To Cross USD 12 Million By 2025
The black seed oil market in Asia Pacific is predicted to cross USD 12 million by 2025 due to increasing plantation of nigella sativa in the area. These goods are employed in flavoring for bakery products and curries together with application as supplement, where it is claimed to lower glucose and cholesterol level, therefore powering demand of the product. Increasing nutraceuticals market in Japan, India, and China is expected to power the regional requirement.
Browse the full “Black Seed Oil Market -By Form Type (Oil and Capsule), By Application (Pharmaceuticals, Personal Care & Cosmetics [Hair care, Skin care, Fragrances], Flavoring & Dressing, Nutraceutical [Functional Food, Food supplement/Dietary supplement], and Culinary) - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026.” Report at https://www.zionmarketresearch.com/report/black-seed-oil-market
The global black seed oil market is segmented as follows:
By Form Type
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