Black Seed Oil Market Size, Share, Price 2030

The global Black Seed Oil market, which was valued at USD 18 Million in 2019, is anticipated to record humungous growth during the period from 2020 to 2026. The report offers an assessment and analysis of the Black Seed Oil market on a global and regional level.

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The study offers a comprehensive assessment of the market competition, constraints, sales estimates, opportunities, evolving trends, and industry-validated data. The report offers historical data from 2017 to 2019 along with a forecast from 2020 to 2026 based on revenue (USD Million).

Black Seed Oil Market: Overview

The use of black seed oil helps in preventing sinuses & respiratory airways and microbial infections. Apart from this, thymoquinone is a key bioactive ingredient of black seed oil, which is also referred to as Nigella Sativa, and possesses anti-inflammatory, antioxidant, and anticancer features. Black seed oil demonstrates huge therapeutic potential for treating sinusitis and provides antihistaminic, analgesic, and immune-modulating effects.

Additionally, the product also helps patients affected by coryza, headache, toothache, nasal congestion, and neck pain. Nevertheless, the product also proves helpful in treating asthma and offers myriad kind of health benefits like reduction of blood sugar, alleviation of cholesterol levels, weight loss, and brain health protection.

Black Seed Oil Market: Growth Dynamics  

Escalating demand for natural constituents in myriad industries like pharmaceuticals, personal care, and food will steer the growth of the black seed oil industry over the estimated timespan. Apart from this, black seed oil is the best source of unsaturated fatty acids that help enhance the digestive ability of individuals along with improving the body's immunity. This, in turn, will embellish the market growth over the forecasting years.

Furthermore, escalating utilization of high-quality natural items in bakery, functional diet, and nutraceutical items containing β-pinene, thymoquinone, α-pinene, p-cymene, α-thujene, carvacrol, and longifolene will result in commendable growth for black seed oil industry over the forecast timespan. Nevertheless, applying the personal care products can cause allergy to individuals if applied directly on the skin due to the presence of melanin and this can hinder the market growth in the coming years.

Black Seed Oil Market: Report Scope

Black Seed Oil Market: Regional Analysis

Asia Pacific To Contribute Sizably Towards Global Market Size By 2026

The growth of the market in Asia Pacific over the estimated timeline is due to the massive use of the products in curry flavoring and bakery items along with its use in food supplements. In addition to this, thriving nutraceuticals market in countries like China, India, and Japan will embellish the product penetration in the region over the forecasting years.

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Black Seed Oil Market: Competitive Landscape

Key players profiled in the report include;

• AOS Products
• Sabinsa Corporation
• Manish Agro
• Safa Honey Company
• Sanabio
• Z-company
• Kerfoot Group

The global black seed oil market is segmented as follows:

By Form Type

• Capsule
• Oil

By Application

• Personal Care & Cosmetics
  • Skin Care
  • Hair Care
  • Fragrances
• Pharmaceuticals
• Nutraceutical
  • Food Supplement/Dietary Supplement
  • Functional Food
• Flavoring & Dressing
• Culinary

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa