The global black seed oil market is anticipated to grow at a CAGR of 6.5% during the forecast period (2022-2028). The increasing consumer awareness regarding the ill effects of consumption of chemical-based drug products is likely to boost the demand for herbal ingredients for treating health disorders, which should, in turn, result in increasing demand for black seed oil during the forecast period. Synthetic nutrients are dietary supplements made artificially in a laboratory setting or industrial process which cannot provide the same benefits as natural nutrients can provide. Natural nutrients are those found in whole foods and provide good nutrition to the body. Nowadays people want herbal ingredients-based products such as black seed oil-based products to improve their health.
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Moreover, the increasing demand for immunity-fortifying supplements to strengthen resistance to infectious viruses/bacteria will further boost the market during the forecast period. Black seed oil is also used as a traditional herbal medicine in various diseases such as bronchial asthma. Asthma is a major noncommunicable disease (NCD), affecting both children and adults, and is the most common chronic disease among children. According to the World Health Organization (WHO), Asthma affected around 262 million people in 2019 and caused around 455,000 deaths across the globe. It is a major non-communicable disease that affects both children and adults and is the most common chronic disease among children. Black seed oil supports the treatment of asthma by reducing inflammation and relaxing muscles in the airway. As a result, the demand for natural therapy using black seed is significantly contributing to the growth of the global black seed oil market across the globe.
Market Coverage
• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Type
o By Application
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- Amazing Nutrition, FLAVEX Naturextrakte GmbH, Sabinsa Corp., The Kerfoot Group Ltd., and TriNutra Ltd.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Black Seed Oil Market Report by Segment
By Type
By Application
Global Black Seed Oil Market Report by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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