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Black Seed Oil Market Size, Share & Trends Analysis Report by Product (Oil, Powder, Tablets, & Capsules, Soft Gel), by Application, by Region, and Segment Forecasts, 2022-2028

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    Report

  • 78 Pages
  • May 2022
  • Region: Global
  • Grand View Research
  • ID: 5648066
The global black seed oil market size is expected to reach USD 29.43 million by 2028, registering a CAGR of 7.2% over the forecast period. Rising awareness regarding health and dietary plans across the globe, adoption of herbal products instead of the chemical drug during treatment, and inclusion in daily diet as immunity booster are expected to promote the market growth over the next few years. Moreover, changing busy lifestyles has led to an increase in the demand for black seed oil to improve immunity. All these factors are expected to drive the global market in near future and create new business opportunities for market players to expand their product portfolio and drive revenue.

The oil segment dominated the global market and contributed the largest market share in 2021 and is estimated to grow with the highest CAGR of 7.5% from 2022 to 2028. Black seed oil has been used as a medication to treat a variety of health conditions since ancient times and is becoming increasingly popular. Oil can also be utilized for cosmetic purposes. Black seed oil is being used more frequently as a result of its vast range of applications. As a result, this segment generates the majority of market revenue.

Nutraceutical application is forecast to grow with the highest CAGR of 8.2% from 2022 to 2028. The market sector is likely to be driven by the rising demand for black seed oil to meet the body's daily dietary supplement needs. This oil is high in vitamins and nutrients, which help the human body's immune system. As a result, this category contributes the most and is predicted to increase at the fastest rate throughout the projection period.

The Asia Pacific contributed the largest market revenue of around 45% in 2021. Countries such as China and India are positively contributing to the growth of market revenue. The region is the origin of the Nigella sativa. Increasing cultivation land coupled with improved cultivation methods is expected to contribute more to market revenue.

Companies are conducting substantial research and development to create technologically sophisticated procedures for extracting black seeds in order to improve production and product quality. In addition, companies are making progress in developing techniques for determining the quality and medical applications of black seeds. Market players are also concentrating on strategically expanding their company activities in various geographical locations throughout the world.

Black Seed Oil Market Report Highlights

  • The Asia Pacific accounted for the largest market revenue of around 45% in 2021. Improved cultivation methods and increasing cultivation of land are contributing to the growth of the market
  • Oil segment dominated the market and contributed to the largest revenue share of over 65% in 2021 and is forecast to grow with the highest CAGR of 7.5% from 2022 to 2028. The growth of the segment is driven by its range of nutraceutical and medical applications
  • Nutraceutical application is forecast to grow with the highest CAGR of 8.2% from 2022 to 2028. The rising need to satisfy the daily need for dietary supplements in the body is expected to drive the market


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Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Product Outlook
2.3. Application Outlook
2.4. Regional Outlook
Chapter 3. Black Seed Oil Market Variables, Trends & Scope
3.1. Market Introduction
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.3.1. Sales/Retail Channel Analysis
3.3.2. Profit Margin Analysis
3.4. Market Dynamics
3.4.1. Market Driver Analysis
3.4.2. Market Restraint Analysis
3.4.3. Industry Challenges
3.4.4. Industry Opportunities
3.5. Business Environment Analysis
3.5.1. Industry Analysis - Porter’s
3.5.1.1. Supplier Power
3.5.1.2. Buyer Power
3.5.1.3. Substitution Threat
3.5.1.4. Threat from New Entrant
3.5.1.5. Competitive Rivalry
3.6. Roadmap of Suitcases & Briefcases Market
3.7. Market Entry Strategies
3.8. Impact of COVID-19
Chapter 4. Consumer Behavior Analysis
4.1. Consumer Trends and Preferences
4.2. Factors Affecting Buying Decision
4.3. Consumer Product Adoption
4.4. Observations & Recommendations
Chapter 5. Black Seed Oil Market: Product Estimates & Trend Analysis
5.1. Product Movement Analysis & Market Share, 2021 & 2028
5.2. Oil
5.2.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
5.3. Powder, Tablets, & Capsules
5.3.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
5.4. Soft gel
5.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
Chapter 6. Black Seed Oil Market: Application Estimates & Trend Analysis
6.1. Application Movement Analysis & Market Share, 2021 & 2028
6.2. Personal Care & Cosmetics
6.2.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
6.3. Pharmaceuticals
6.3.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
6.4. Nutraceutical
6.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
6.5. Flavoring & Dressing
6.5.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
6.6. Culinary
6.6.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
Chapter 7. Black Seed Oil Market: Regional Estimates & Trend Analysis
7.1. Regional Movement Analysis & Market Share, 2021 & 2028
7.2. North America
7.2.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
7.2.2. Market Estimates and Forecast, By Product, 2017 - 2028 (USD Million)
7.2.3. Market Estimates and Forecast, By Application, 2017 - 2028 (USD Million)
7.2.4. U.S.
7.2.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
7.2.4.2. Market Estimates and Forecast, By Product, 2017 - 2028 (USD Million)
7.2.4.3. Market Estimates and Forecast, By Application, 2017 - 2028 (USD Million)
7.3. Europe
7.3.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
7.3.2. Market Estimates and Forecast, By Product, 2017 - 2028 (USD Million)
7.3.3. Market Estimates and Forecast, By Application, 2017 - 2028 (USD Million)
7.3.4. Germany
7.3.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
7.3.4.2. Market Estimates and Forecast, By Product, 2017 - 2028 (USD Million)
7.3.4.3. Market Estimates and Forecast, By Application, 2017 - 2028 (USD Million)
7.3.5. France
7.3.5.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
7.3.5.2. Market Estimates and Forecast, By Product, 2017 - 2028 (USD Million)
7.3.5.3. Market Estimates and Forecast, By Application, 2017 - 2028 (USD Million)
7.3.6. U.K.
7.3.6.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
7.3.6.2. Market Estimates and Forecast, By Product, 2017 - 2028 (USD Million)
7.3.6.3. Market Estimates and Forecast, By Application, 2017 - 2028 (USD Million)
7.4. Asia Pacific
7.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
7.4.2. Market Estimates and Forecast, By Product, 2017 - 2028 (USD Million)
7.4.3. Market Estimates and Forecast, By Application, 2017 - 2028 (USD Million)
7.4.4. China
7.4.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
7.4.4.2. Market Estimates and Forecast, By Product, 2017 - 2028 (USD Million)
7.4.4.3. Market Estimates and Forecast, By Application, 2017 - 2028 (USD Million)
7.4.5. India
7.4.5.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
7.4.5.2. Market Estimates and Forecast, By Product, 2017 - 2028 (USD Million)
7.4.5.3. Market Estimates and Forecast, By Application, 2017 - 2028 (USD Million)
7.5. Central & South America
7.5.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
7.5.2. Market Estimates and Forecast, By Product, 2017 - 2028 (USD Million)
7.5.3. Market Estimates and Forecast, By Application, 2017 - 2028 (USD Million)
7.5.4. Brazil
7.5.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
7.5.4.2. Market Estimates and Forecast, By Product, 2017 - 2028 (USD Million)
7.5.4.3. Market Estimates and Forecast, By Application, 2017 - 2028 (USD Million)
7.6. Middle East & Africa
7.6.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
7.6.2. Market Estimates and Forecast, By Product, 2017 - 2028 (USD Million)
7.6.3. Market Estimates and Forecast, By Application, 2017 - 2028 (USD Million)
7.6.4. South Africa
7.6.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
7.6.4.2. Market Estimates and Forecast, By Product, 2017 - 2028 (USD Million)
7.6.4.3. Market Estimates and Forecast, By Application, 2017 - 2028 (USD Million)
Chapter 8. Competitive Analysis
8.1. Key Global Players, Recent Developments & their impact on the industry
8.2. Key Company/Competition Categorization (Key innovators, market leaders, emerging players)
8.3. Vendor landscape
8.3.1. Key Company Market Share Analysis, 2021
Chapter 9. Company Profiles
9.1. TriNutra, Ltd.
9.1.1. Company Overview
9.1.2. Financial Performance
9.1.3. Product Benchmarking
9.1.4. Strategic Initiatives
9.2. Z-COMPANY
9.2.1. Company Overview
9.2.2. Financial Performance
9.2.3. Product Benchmarking
9.2.4. Strategic Initiatives
9.3. The Kerfoot Group Limited
9.3.1. Company Overview
9.3.2. Financial Performance
9.3.3. Product Benchmarking
9.3.4. Strategic Initiatives
9.4. Sabinsa Corporation
9.4.1. Company Overview
9.4.2. Financial Performance
9.4.3. Product Benchmarking
9.4.4. Strategic Initiatives
9.5. FLAVEX Naturextrakte GmbH
9.5.1. Company Overview
9.5.2. Financial Performance
9.5.3. Product Benchmarking
9.5.4. Strategic Initiatives
9.6. Amazing Nutrition
9.6.1. Company Overview
9.6.2. Financial Performance
9.6.3. Product Benchmarking
9.6.4. Strategic Initiatives
9.7. Safa Honey Co.
9.7.1. Company Overview
9.7.2. Financial Performance
9.7.3. Product Benchmarking
9.7.4. Strategic Initiatives
9.8. ConnOils LLC
9.8.1. Company Overview
9.8.2. Financial Performance
9.8.3. Product Benchmarking
9.8.4. Strategic Initiatives
9.9. SanaBio GmbH
9.9.1. Company Overview
9.9.2. Financial Performance
9.9.3. Product Benchmarking
9.9.4. Strategic Initiatives
9.10. Manish Agro
9.10.1. Company Overview
9.10.2. Financial Performance
9.10.3. Product Benchmarking
9.10.4. Strategic Initiatives
List of Tables
1. Black Seed Oil Market - Key Market Driver Analysis
2. Black Seed Oil Market - Key Market Restraint Analysis
3. Global Oil Black Seed Oil Market Revenue Estimates and Forecast By Product, From 2017 - 2028 (USD Million)
4. Global Powder, Tablets, & Capsules Black Seed Oil Market Revenue Estimates and Forecast By Product, From 2017 - 2028 (USD Million)
5. Global Soft Gel Black Seed Oil Market Revenue Estimates and Forecast By Product, From 2017 - 2028 (USD Million)
6. Global Black Seed Oil Market Revenue Estimates and Forecast By Personal Care & Cosmetics, From 2017 - 2028 (USD Million)
7. Global Black Seed Oil Market Revenue Estimates and Forecast By Pharmaceuticals, From 2017 - 2028 (USD Million)
8. Global Black Seed Oil Market Revenue Estimates and Forecast By Nutraceutical, From 2017 - 2028 (USD Million)
9. Global Black Seed Oil Market Revenue Estimates and Forecast By Flavoring & Dressing, From 2017 - 2028 (USD Million)
10. Global Black Seed Oil Market Revenue Estimates and Forecast By Culinary, From 2017 - 2028 (USD Million)
11. Global Black Seed Oil Market Estimates and Forecast, By Region 2017 - 2028 (USD Million)
12. Global Black Seed Oil Market Revenue Estimates and Forecast By Product, 2017 - 2028 (USD Million)
13. Global Black Seed Oil Market Revenue Estimates and Forecast By Application, 2017 - 2028 (USD Million)
14. North America Black Seed Oil Market Estimates and Forecast, 2017 - 2028 (USD Million)
15. North America Black Seed Oil Market Revenue Estimates and Forecast, By Product, 2017 - 2028 (USD Million)
16. North America Black Seed Oil Market Revenue Estimates and Forecast, By Application, 2017 - 2028 (USD Million)
17. U.S. Black Seed Oil Market Estimates and Forecast, 2017 - 2028 (USD Million)
18. U.S. Black Seed Oil Market Revenue Estimates and Forecast By Product, 2017 - 2028 (USD Million)
19. U.S. Black Seed Oil Market Revenue Estimates and Forecast By Application, 2017 - 2028 (USD Million)
20. Europe Black Seed Oil Market Estimates and Forecast, 2017 - 2028 (USD Million)
21. Europe Black Seed Oil Market Revenue Estimates and Forecast By Product, 2017 - 2028 (USD Million)
22. Europe Black Seed Oil Market Revenue Estimates and Forecast By Application, 2017 - 2028 (USD Million)
23. Germany Black Seed Oil Market Estimates and Forecast, 2017 - 2028 (USD Million)
24. Germany Black Seed Oil Market Revenue Estimates and Forecast By Product, 2017 - 2028 (USD Million)
25. Germany Black Seed Oil Market Revenue Estimates and Forecast By Application, 2017 - 2028 (USD Million)
26. France Black Seed Oil Market Estimates and Forecast, 2017 - 2028 (USD Million)
27. France Black Seed Oil Market Revenue Estimates and Forecast By Product, 2017 - 2028 (USD Million)
28. France Black Seed Oil Market Revenue Estimates and Forecast By Application, 2017 - 2028 (USD Million)
29. U.K. Black Seed Oil Market Estimates and Forecast, 2017 - 2028 (USD Million)
30. U.K. Black Seed Oil Market Revenue Estimates and Forecast By Product, 2017 - 2028 (USD Million)
31. U.K. Black Seed Oil Market Revenue Estimates and Forecast By Application, 2017 - 2028 (USD Million)
32. Asia Pacific Black Seed Oil Market Estimates and Forecast, 2017 - 2028 (USD Million)
33. Asia Pacific Black Seed Oil Market Revenue Estimates and Forecast By Product, 2017 - 2028 (USD Million)
34. Asia Pacific Black Seed Oil Market Revenue Estimates and Forecast By Application, 2017 - 2028 (USD Million)
35. China Black Seed Oil Market Estimates and Forecast, 2017 - 2028 (USD Million)
36. China Black Seed Oil Market Revenue Estimates and Forecast By Product, 2017 - 2028 (USD Million)
37. China Black Seed Oil Market Revenue Estimates and Forecast By Application, 2017 - 2028 (USD Million)
38. India Black Seed Oil Market Estimates and Forecast, 2017 - 2028 (USD Million)
39. India Black Seed Oil Market Revenue Estimates and Forecast By Product, 2017 - 2028 (USD Million)
40. India Black Seed Oil Market Revenue Estimates and Forecast By Application, 2017 - 2028 (USD Million)
41. Central & South America Black Seed Oil Market Estimates and Forecast, 2017 - 2028 (USD Million)
42. Central & South America Black Seed Oil Market Revenue Estimates and Forecast By Product, 2017 - 2028 (USD Million)
43. Central & South America Black Seed Oil Market Revenue Estimates and Forecast By Application, 2017 - 2028 (USD Million)
44. Brazil Black Seed Oil Market Estimates and Forecast, 2017 - 2028 (USD Million)
45. Brazil Black Seed Oil Market Revenue Estimates and Forecast By Product, 2017 - 2028 (USD Million)
46. Brazil Black Seed Oil Market Revenue Estimates and Forecast By Application, 2017 - 2028 (USD Million)
47. Middle East & Africa Black Seed Oil Market Estimates and Forecast, 2017 - 2028 (USD Million)
48. Middle East & Africa Black Seed Oil Market Revenue Estimates and Forecast By Product, 2017 - 2028 (USD Million)
49. Middle East & Africa Black Seed Oil Market Revenue Estimates and Forecast By Application, 2017 - 2028 (USD Million)
50. South Africa Black Seed Oil Market Estimates and Forecast, 2017 - 2028 (USD Million)
51. South Africa Black Seed Oil Market Revenue Estimates and Forecast By Product, 2017 - 2028 (USD Million)
52. South Africa Black Seed Oil Market Revenue Estimates and Forecast By Application, 2017 - 2028 (USD Million)
53. Vendor Landscape
List of Figures
1. Black Seed Oil Market Snapshot
2. Black Seed Oil Market Segmentation & Scope
3. Black Seed Oil Market Penetration & Growth Prospect Mapping
4. Black Seed Oil Market Value Chain Analysis
5. Black Seed Oil Market Dynamics
6. Black Seed Oil Market Porter's Analysis
7. Black Seed Oil Market: Product Movement Analysis
8. Black Seed Oil Market: Application Movement Analysis
9. Black Seed Oil Market: Regional Movement Analysis

Companies Mentioned

  • TriNutra, Ltd.
  • Z-COMPANY
  • The Kerfoot Group Limited
  • Sabinsa Corporation
  • FLAVEX Naturextrakte GmbH
  • Amazing Nutrition
  • Safa Honey Co.
  • ConnOils LLC
  • SanaBio GmbH
  • Manish Agro

Methodology

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Table Information