NEW
YORK, Feb. 18, 2022 /PRNewswire/ -- The black
seed oil market potential growth difference is expected to grow by
USD 20.27 million from 2020 to 2025,
as per the latest market outlook report from Technavio. The report
identifies the market to witness an accelerating growth
momentum progressing at a CAGR of 1.83%. 37% of the
market's growth will originate from APAC during the forecast
period. China and India are the key markets for black seed oil
in APAC. However, market growth in this region will be slower than
the growth of the market in other regions.
For more insights on the YOY and CAGR Growth
rate, Download Free Sample Report
Black Seed Oil Market: Health Benefits of Black Seed Oil to
drive growth
There has been an increase in the consumption of black seed oil due
to the associated health benefits. Black seed oil aids in reducing
high blood pressure, minimizing high cholesterol, improving
rheumatoid arthritis symptoms, decreasing asthma symptoms, and
subsiding upset stomach pains. Consumers are increasingly becoming
conscious of their health, and they have started opting for
"better-for-you" food ingredients that are healthy and safe to
consume. Furthermore, black seed oil can be consumed in either
capsule or liquid form. Thus, the health benefits of black seed oil
are expected to drive the growth of the market in focus during the
forecast period.
Unlock insights on the drivers and challenges as
you View Report Outlook
Black Seed Oil Market: Revenue-Generating
Segment Analysis
This market outlook report segments
the black seed oil market by Product (Liquid and CS and
P) and Geography (APAC, Europe,
North America, South America, and MEA). The liquid segment
held the largest black seed oil market share in 2020 and will
continue to account for the largest market share during the
forecast period. Black seed oil in liquid form is available in
the market in variants such as pure liquid, viscous serum, and
liquid extracts. Amazing Herbs Nutraceuticals Inc (Amazing Herbs),
Henry Lamotte Oils GmbH (Henry
Lamotte), Hab Shifa, Organika
Health Products Inc. Black seed oil in liquid form is a spicy
oil that is used predominantly in culinary applications and salad
dressings. Furthermore, being a rich source of omega-6 fatty acid
named linoleic acid, black seed oil in liquid form is widely used
in the preparation of numerous curries, soups, bakery products,
sauces, marinades, and others.
The APAC region led the black seed oil market in 2020, followed
by Europe, North America, South
America, and MEA respectively. During the forecast period,
the APAC region is expected to register the highest incremental
growth due to factors such as improved growing methods and
increased cultivating acreage for the plant. China and India are projected to contribute
significantly to the growth of the market in APAC during the
forecast period. The growing use of black seed oil in the
nutraceutical and pharmaceutical industries is predicted to boost
market revenue. Increasing consumption of functional meals enriched
with natural ingredients, such as curries, soups, sauces, and
bakery items, is predicted to drive the demand for black seed oil
in the region throughout the forecast period.
Download Sample Report to get additional insights on
each contributing segment.
Key Queries Addressed
- CAGR of the market during the forecast
period 2021-2025
- Detailed information on factors that will drive black seed
oil market growth during the next five years
- Precise estimation of the black seed oil market size and
its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer
behavior
- The growth of the black seed oil industry across APAC,
Europe, North America, South
America, and MEA
- A thorough analysis of the market's competitive landscape and
detailed information on vendors
- Comprehensive details of factors that will challenge the growth
of black seed oil market vendors
Related Reports:
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and Geography - Forecast and Analysis 2021-2025
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Application and Geography - Forecast and Analysis 2021-2025
Black Seed Oil
Market Scope
|
Report
Coverage
|
Details
|
Page number
|
120
|
Base year
|
2020
|
Forecast
period
|
2021-2025
|
Growth momentum &
CAGR
|
Accelerate at a CAGR of
1.83%
|
Market growth
2021-2025
|
$ 20.27
million
|
Market
structure
|
Fragmented
|
YoY growth
(%)
|
1.09
|
Regional
analysis
|
APAC, Europe, North
America, South America, and MEA
|
Performing market
contribution
|
APAC at 37%
|
Key consumer
countries
|
China, US, India, UK,
and Canada
|
Competitive
landscape
|
Leading companies,
competitive strategies, consumer engagement scope
|
Companies
profiled
|
Amazing Herbs, Farouk
Systems Inc., Hab Shifa, Hakeem Herbals Ltd., Henry Lamotte Oils
GmbH, INLIFE Pharma Pvt. Ltd., Life Extension Foundation Buyers
Club Inc., Organika Health Products Inc., Sabinsa Corp., and
Swanson Health Products Inc.
|
Market
Dynamics
|
Parent market analysis,
Market growth inducers and obstacles, Fast-growing and slow-growing
segment analysis, COVID-19 impact and future consumer dynamics,
market condition analysis for the forecast period,
|
Customization
purview
|
If our report has not
included the data that you are looking for, you can reach out to
our analysts and get segments customized.
|
Key Topics Covered
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product
- Liquid - Market size and forecast 2020-2025
- CS and P - Market size and forecast 2020-2025
- Market opportunity by Product
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2020-2025
- Europe - Market size and
forecast 2020-2025
- North America - Market size
and forecast 2020-2025
- South America - Market size
and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Landscape disruption
- Competitive landscape
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Amazing Herbs
- Farouk Systems Inc.
- Hab Shifa
- Hakeem Herbals Ltd.
- Henry Lamotte Oils GmbH
- INLIFE Pharma Pvt. Ltd.
- Life Extension Foundation Buyers Club Inc.
- Organika Health Products Inc.
- Sabinsa Corp.
- Swanson Health Products Inc.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
About Technavio
Technavio is a leading global
technology research and advisory company. Their research and
analysis focuses on emerging market trends and provides actionable
insights to help businesses identify market opportunities and
develop effective strategies to optimize their market
positions.
With over 500 specialized analysts, Technavio's report library
consists of more than 17,000 reports and counting, covering 800
technologies, spanning across 50 countries. Their client base
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Fortune 500 companies. This growing client base relies on
Technavio's comprehensive coverage, extensive research, and
actionable market insights to identify opportunities in existing
and potential markets and assess their competitive positions within
changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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