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Global Black Seed Oil Market Analysis, Forecast, Outlook: By Form: Liquid, Capsule, Softgel, Others; By Distribution Channel: Hypermarkets/Supermarkets, Convenience Stores, Drug Stores, Online, Others; By Application: Nutraceuticals, Pharmaceutical, Others; Regional Analysis; Market Dynamics; Competitive Landscape; 2024-2032
Global Black Seed Oil Market Outlook
The global black seed oil market is expected to grow at a CAGR of 2% in the forecast period of 2024-2032.
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Increasing Demand in the Pharmaceutical Industry to Augment the Black Seed Oil Industry Growth
Based on application, the pharmaceutical sector accounts for a significant share in the black seed oil industry. This can be attributed to the increase in demand for medication with natural ingredients, combined with the high rate of diseases such as asthma, allergies, headaches, diabetes, and many others. The health benefits offered by black seed oil are responsible for the market growth. In addition, the rise in evidence with respect to black seed being responsible for reducing the size of tumours in rats is also expected to improve the market growth.
The Asia Pacific Region to Provide Enhanced Growth Opportunities to the Black Seed Oil Industry
Region-wise, the Asia Pacific is expected to witness a robust growth over the forecast period owing to the consumption of black seed in cooking and as a food supplement. Furthermore, countries like China, India, and Korea are expected to significantly contribute to the industry growth due to the growing nutraceutical market in the forecast period.
Black Seed Oil: Market Segmentation
Black seeds are also known as black caraway, kalonji, and black cumin, among others. They are obtained from Nigella sativa, which is a small plant that grows in Eastern Europe, Western Asia, and the Middle East. A key component of black seed is thymoquinone, a compound with antioxidant properties. Black seed is commonly used as a spice and in herbal medicine. High-quality black seed oil is also used in cooking, baking, and beverages.
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By form, the market is divided into:
- Liquid
- Capsule
- Softgel
- Others
Based on distribution channel, the market is categorised into:
- Hypermarkets/Supermarkets
- Convenience Stores
- Drug Stores
- Online
- Others
On the basis of application, the market is categorised into:
- Nutraceuticals
- Pharmaceutical
- Personal Care and Cosmetics
- Culinary
- Flavours and Dressing
- Others
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Rise in Prevalence of Diseases and the Increasing Demand for Natural Ingredients to Bolster the Growth of the Black Seed Oil Industry
With the increasing shift towards sedentary lifestyle, more and more people are getting affected by chronic as well as lifestyle disorders. The rise in prevalence of diseases, combined with the increase in population globally, is likely to increase the demand for medication using natural ingredients, which, in turn, is leading to the growth of the black seed oil industry. Further, the increase in demand for plant-based skincare products has impacted the industry in a positive way. This has led to a significant growth of the black seed oil industry. However, there is still a lack of research regarding many claims such as black seed’s ability to cure cancer. Thus, the growing R&D activities can further propel the industry forward.
Over the forecast period, the growth of the skincare industry and the growing awareness about the benefits of black seed are expected to favour the industry growth. The increasing consumer demand for natural and organic products is expected to be a major trend in the coming years.
Key Industry Players in the Global Black Seed Oil Market
The report gives a detailed analysis of the following key players in the global black seed oil market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Henry Lamotte Oils GmbH
- ConnOils LLC
- The Blessed Seed
- Organika Health Products Inc.
- Axpo Pty Ltd
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Form |
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| Breakup by Distribution Channel |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Black Seed Oil Market Analysis
8.1 Key Industry Highlights
8.2 Global Black Seed Oil Historical Market (2018-2023)
8.3 Global Black Seed Oil Market Forecast (2024-2032)
8.4 Global Black Seed Oil Market by Form
8.4.1 Liquid
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Capsule
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Softgel
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Others
8.5 Global Black Seed Oil Market by Distribution Channel
8.5.1 Hypermarkets/Supermarkets
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Convenience Stores
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Drug Stores
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Online
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Others
8.6 Global Black Seed Oil Market by Application
8.6.1 Nutraceuticals
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Pharmaceutical
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Personal Care and Cosmetics
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Culinary
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Flavours and Dressing
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
8.6.6 Others
8.7 Global Black Seed Oil Market by Region
8.7.1 North America
8.7.2 Europe
8.7.3 Asia Pacific
8.7.4 Latin America
8.7.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.2.3 Breakup by Country Kingdom
9.2.3.1 United
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2023)
9.4.2 Forecast Trend (2024-2032)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2023)
9.5.2 Forecast Trend (2024-2032)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Price Analysis
12.1 North America Historical Price Trends (2018-2023) and Forecast (2024-2032)
12.2 Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
12.3 Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
12.4 Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
12.5 Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 Henry Lamotte Oils GmbH
13.2.1.1 Company Overview
13.2.1.2 Product Portfolio
13.2.1.3 Demographic Reach and Achievements
13.2.1.4 Certifications
13.2.2 ConnOils LLC
13.2.2.1 Company Overview
13.2.2.2 Product Portfolio
13.2.2.3 Demographic Reach and Achievements
13.2.2.4 Certifications
13.2.3 The Blessed Seed
13.2.3.1 Company Overview
13.2.3.2 Product Portfolio
13.2.3.3 Demographic Reach and Achievements
13.2.3.4 Certifications
13.2.4 Organika Health Products Inc.
13.2.4.1 Company Overview
13.2.4.2 Product Portfolio
13.2.4.3 Demographic Reach and Achievements
13.2.4.4 Certifications
13.2.5 Axpo Pty Ltd
13.2.5.1 Company Overview
13.2.5.2 Product Portfolio
13.2.5.3 Demographic Reach and Achievements
13.2.5.4 Certifications
13.2.6 Others
14 Key Trends and Developments in the Market
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operation Involved
2 Project Requirement and Cost Analysis
2.1 Land, Location and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investment
List of Key Figures and Tables
1. Global Black Seed Oil Market: Key Industry Highlights, 2018 and 2032
2. Global Black Seed Oil Historical Market: Breakup by Form (USD Million), 2018-2023
3. Global Black Seed Oil Market Forecast: Breakup by Form (USD Million), 2024-2032
4. Global Black Seed Oil Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
5. Global Black Seed Oil Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
6. Global Black Seed Oil Historical Market: Breakup by Application (USD Million), 2018-2023
7. Global Black Seed Oil Market Forecast: Breakup by Application (USD Million), 2024-2032
8. Global Black Seed Oil Historical Market: Breakup by Region (USD Million), 2018-2023
9. Global Black Seed Oil Market Forecast: Breakup by Region (USD Million), 2024-2032
10. North America Black Seed Oil Historical Market: Breakup by Country (USD Million), 2018-2023
11. North America Black Seed Oil Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Europe Black Seed Oil Historical Market: Breakup by Country (USD Million), 2018-2023
13. Europe Black Seed Oil Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Asia Pacific Black Seed Oil Historical Market: Breakup by Country (USD Million), 2018-2023
15. Asia Pacific Black Seed Oil Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Latin America Black Seed Oil Historical Market: Breakup by Country (USD Million), 2018-2023
17. Latin America Black Seed Oil Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Middle East and Africa Black Seed Oil Historical Market: Breakup by Country (USD Million), 2018-2023
19. Middle East and Africa Black Seed Oil Market Forecast: Breakup by Country (USD Million), 2024-2032
20. North America Historical Price Trends and Forecast 2018-2028
21. Europe Historical Price Trends and Forecast 2018-2028
22. Asia Pacific Historical Price Trends and Forecast 2018-2028
23. Latin America Historical Price Trends and Forecast 2018-2028
24. Middle East and Africa Historical Price Trends and Forecast 2018-2028
25. Global Black Seed Oil Market Structure
Key Questions Answered in the Report
The market is projected to grow at a CAGR of 2% between 2024 and 2032.
The major drivers of the market include the increase in population, increase in demand for plant-based skincare products, growing awareness about the benefits of black seed, growing nutraceutical market, and consumption of black seed in cooking and as a food supplement.
The rise in prevalence of diseases and the increase in the demand for medication using natural ingredients are the key industry trends propelling the market's growth.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The forms of black seed oils are liquid, capsule, and soft gel, among others.
Based on distribution channel, the market is categorised into hypermarkets/supermarkets, convenience stores, drug stores, and online, among others.
Black seed oils find their major application in nutraceuticals, pharmaceutical, personal care and cosmetics, culinary, and flavours and dressing, among others.
The major players in the industry are Henry Lamotte Oils GmbH, ConnOils LLC, The Blessed Seed, Organika Health Products Inc., and Axpo Pty Ltd, among others.
Analyst Review
The global black seed oil market was driven by the rise in prevalence of diseases in the historical period. Aided by growing awareness about the benefits of black seed and an increase in the demand for medication using natural ingredients, the market is expected to witness further growth in the forecast period of 2024-2032, growing at a CAGR of 2%.
EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. The forms of black seed oils are liquid, capsule, and soft gel, among others. Based on distribution channel, the market is categorised into hypermarkets/supermarkets, convenience stores, drug stores, and online, among others. Black seed oils find their major application in nutraceuticals, pharmaceutical, personal care and cosmetics, culinary, and flavours and dressing, among others. The major regional markets for black seed oil market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The major players in the industry are Henry Lamotte Oils GmbH, ConnOils LLC, The Blessed Seed, Organika Health Products Inc., and Axpo Pty Ltd, among others.
EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.
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