
Black Seed Oil Market Report and Forecast 2025-2034
Description
The global black seed oil market is expected to grow at a CAGR of 2.00% in the forecast period of 2025-2034.
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.
By form, the market is divided into:
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:
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.
By form, the market is divided into:
- Liquid
- Capsule
- Softgel
- Others
- Hypermarkets/Supermarkets
- Convenience Stores
- Drug Stores
- Online
- Others
- Nutraceuticals
- Pharmaceutical
- Personal Care and Cosmetics
- Culinary
- Flavours and Dressing
- Others
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
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
Table of Contents
170 Pages
- 1 Executive Summary
- 1.1 Market Size 2024-2025
- 1.2 Market Growth 2025(F)-2034(F)
- 1.3 Key Demand Drivers
- 1.4 Key Players and Competitive Structure
- 1.5 Industry Best Practices
- 1.6 Recent Trends and Developments
- 1.7 Industry Outlook
- 2 Market Overview and Stakeholder Insights
- 2.1 Market Trends
- 2.2 Key Verticals
- 2.3 Key Regions
- 2.4 Supplier Power
- 2.5 Buyer Power
- 2.6 Key Market Opportunities and Risks
- 2.7 Key Initiatives by Stakeholders
- 3 Economic Summary
- 3.1 GDP Outlook
- 3.2 GDP Per Capita Growth
- 3.3 Inflation Trends
- 3.4 Democracy Index
- 3.5 Gross Public Debt Ratios
- 3.6 Balance of Payment (BoP) Position
- 3.7 Population Outlook
- 3.8 Urbanisation Trends
- 4 Country Risk Profiles
- 4.1 Country Risk
- 4.2 Business Climate
- 5 Global Black Seed Oil Market Analysis
- 5.1 Key Industry Highlights
- 5.2 Global Black Seed Oil Historical Market (2018-2024)
- 5.3 Global Black Seed Oil Market Forecast (2025-2034)
- 5.4 Global Black Seed Oil Market by Form
- 5.4.1 Liquid
- 5.4.1.1 Historical Trend (2018-2024)
- 5.4.1.2 Forecast Trend (2025-2034)
- 5.4.2 Capsule
- 5.4.2.1 Historical Trend (2018-2024)
- 5.4.2.2 Forecast Trend (2025-2034)
- 5.4.3 Softgel
- 5.4.3.1 Historical Trend (2018-2024)
- 5.4.3.2 Forecast Trend (2025-2034)
- 5.4.4 Others
- 5.5 Global Black Seed Oil Market by Distribution Channel
- 5.5.1 Hypermarkets/Supermarkets
- 5.5.1.1 Historical Trend (2018-2024)
- 5.5.1.2 Forecast Trend (2025-2034)
- 5.5.2 Convenience Stores
- 5.5.2.1 Historical Trend (2018-2024)
- 5.5.2.2 Forecast Trend (2025-2034)
- 5.5.3 Drug Stores
- 5.5.3.1 Historical Trend (2018-2024)
- 5.5.3.2 Forecast Trend (2025-2034)
- 5.5.4 Online
- 5.5.4.1 Historical Trend (2018-2024)
- 5.5.4.2 Forecast Trend (2025-2034)
- 5.5.5 Others
- 5.6 Global Black Seed Oil Market by Application
- 5.6.1 Nutraceuticals
- 5.6.1.1 Historical Trend (2018-2024)
- 5.6.1.2 Forecast Trend (2025-2034)
- 5.6.2 Pharmaceutical
- 5.6.2.1 Historical Trend (2018-2024)
- 5.6.2.2 Forecast Trend (2025-2034)
- 5.6.3 Personal Care and Cosmetics
- 5.6.3.1 Historical Trend (2018-2024)
- 5.6.3.2 Forecast Trend (2025-2034)
- 5.6.4 Culinary
- 5.6.4.1 Historical Trend (2018-2024)
- 5.6.4.2 Forecast Trend (2025-2034)
- 5.6.5 Flavours and Dressing
- 5.6.5.1 Historical Trend (2018-2024)
- 5.6.5.2 Forecast Trend (2025-2034)
- 5.6.6 Others
- 5.7 Global Black Seed Oil Market by Region
- 5.7.1 North America
- 5.7.2 Europe
- 5.7.3 Asia Pacific
- 5.7.4 Latin America
- 5.7.5 Middle East and Africa
- 6 Regional Analysis
- 6.1 North America
- 6.1.1 Historical Trend (2018-2024)
- 6.1.2 Forecast Trend (2025-2034)
- 6.1.3 Breakup by Country
- 6.1.3.1 United States of America
- 6.1.3.2 Canada
- 6.2 Europe
- 6.2.1 Historical Trend (2018-2024)
- 6.2.2 Forecast Trend (2025-2034)
- 6.2.3 Breakup by Country Kingdom
- 6.2.3.1 United
- 6.2.3.2 Germany
- 6.2.3.3 France
- 6.2.3.4 Italy
- 6.2.3.5 Others
- 6.3 Asia Pacific
- 6.3.1 Historical Trend (2018-2024)
- 6.3.2 Forecast Trend (2025-2034)
- 6.3.3 Breakup by Country
- 6.3.3.1 China
- 6.3.3.2 Japan
- 6.3.3.3 India
- 6.3.3.4 ASEAN
- 6.3.3.5 Australia
- 6.3.3.6 Others
- 6.4 Latin America
- 6.4.1 Historical Trend (2018-2024)
- 6.4.2 Forecast Trend (2025-2034)
- 6.4.3 Breakup by Country
- 6.4.3.1 Brazil
- 6.4.3.2 Argentina
- 6.4.3.3 Mexico
- 6.4.3.4 Others
- 6.5 Middle East and Africa
- 6.5.1 Historical Trend (2018-2024)
- 6.5.2 Forecast Trend (2025-2034)
- 6.5.3 Breakup by Country
- 6.5.3.1 Saudi Arabia
- 6.5.3.2 United Arab Emirates
- 6.5.3.3 Nigeria
- 6.5.3.4 South Africa
- 6.5.3.5 Others
- 7 Market Dynamics
- 7.1 SWOT Analysis
- 7.1.1 Strengths
- 7.1.2 Weaknesses
- 7.1.3 Opportunities
- 7.1.4 Threats
- 7.2 Porter’s Five Forces Analysis
- 7.2.1 Supplier’s Power
- 7.2.2 Buyer’s Power
- 7.2.3 Threat of New Entrants
- 7.2.4 Degree of Rivalry
- 7.2.5 Threat of Substitutes
- 7.3 Key Indicators for Demand
- 7.4 Key Indicators for Price
- 8 Value Chain Analysis
- 9 Price Analysis
- 9.1 North America Historical Price Trends (2018-2024) and Forecast (2025-2034)
- 9.2 Europe Historical Price Trends (2018-2024) and Forecast (2025-2034)
- 9.3 Asia Pacific Historical Price Trends (2018-2024) and Forecast (2025-2034)
- 9.4 Latin America Historical Price Trends (2018-2024) and Forecast (2025-2034)
- 9.5 Middle East and Africa Historical Price Trends (2018-2024) and Forecast (2025-2034)
- 10 Competitive Landscape
- 10.1 Supplier Selection
- 10.2 Key Global Players
- 10.3 Key Regional Players
- 10.4 Key Player Strategies
- 10.5 Company Profiles
- 10.5.1 Henry Lamotte Oils GmbH
- 10.5.1.1 Company Overview
- 10.5.1.2 Product Portfolio
- 10.5.1.3 Demographic Reach and Achievements
- 10.5.1.4 Certifications
- 10.5.2 ConnOils LLC
- 10.5.2.1 Company Overview
- 10.5.2.2 Product Portfolio
- 10.5.2.3 Demographic Reach and Achievements
- 10.5.2.4 Certifications
- 10.5.3 The Blessed Seed
- 10.5.3.1 Company Overview
- 10.5.3.2 Product Portfolio
- 10.5.3.3 Demographic Reach and Achievements
- 10.5.3.4 Certifications
- 10.5.4 Organika Health Products Inc.
- 10.5.4.1 Company Overview
- 10.5.4.2 Product Portfolio
- 10.5.4.3 Demographic Reach and Achievements
- 10.5.4.4 Certifications
- 10.5.5 Axpo Pty Ltd
- 10.5.5.1 Company Overview
- 10.5.5.2 Product Portfolio
- 10.5.5.3 Demographic Reach and Achievements
- 10.5.5.4 Certifications
- 10.5.6 Others
Pricing
Currency Rates
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