Black
cumin seed oil, which also goes by the name of black seed, Nigella
sativa and Kalonji is native to southeastern Asia and North America.
With a taste and aroma reminiscent of black pepper, onions and
oregano, the black cumin seed oil has gained acknowledgement for use
in Indian or Middle Eastern cuisine, such as curries, soups,
vegetables and meat dishes for a peppery flavor. Additionally, the
black cumin seed oil has manifold characteristics pertaining to
health and wellness such as anti-bacterial, analgesic, anti-fungal,
anti-inflammatory, antioxidant, antiviral, anti-hypertensive, insulin
sensitizing and others. The various components present in the black
cumin seed oil which are responsible for its diverse applications are
primarily Thymoquinone, Thymohydroquinone, and Thymol amongst several
other micro-components such as myristic acid, palmitic acid, stearic
acid, palmitoleic acid, oleic acid, linoleic acid, arachidonic acid,
proteins and vitamins B1, B2,B3, calcium, folate, iron, copper, zinc
and phosphorous. The black cumin seed oil is anticipated to expand at
a considerate CAGR during the forecast period.
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Segmentation:-
Black
cumin seed oil market is segmented on the basis of form which
includes oil as well as encapsulated soft-gel capsules. The
soft-shelled capsules are gaining relatively more traction associated
to the black cumin seed oil market on the backdrop of consumer
convenience.
Black
cumin seed oil market is segmented on the basis of application which
includes cosmetics & personal care, dietary supplements, and
culinary. Amongst these applications, the dietary supplement segment
is anticipated to flourish with a healthy CAGR owing to its manifold
utilizations gradually receiving the attention of consumers for
instance the ability of black cumin seed oil to counter tumor effects
of cancer, treating type 1 and 2 diabetes, improve digestion,
inducing weight loss, strengthening hair follicles, benefiting the
skin and even helping to heal scars, and fighting infections most
importantly MRSA.
Black
cumin seed oil market is segmented on the basis of the end use which
includes retail and industrial. The retail segment is further
sub-segmented as distribution channel which includes online stores,
hypermarkets/supermarkets, specialized drug stores, and convenience
stores.
Global
market drivers and restraints:-
The
black cumin seed oil is gaining widespread popularity on the backdrop
of its manifold advantages offered by the same. Some of the
properties of black cumin seed oil which are primarily driving the
black cumin seed oil market are its potential use to alleviate
asthma, allergies, and other respiratory issues, that balance the
immune system, reduce cancer tumor, induce anti-inflammatory
properties for encephalomyelitis, colitis, peritonitis, oedama, and
arthritis through suppression of the inflammatory mediators
prostaglandins and leukotriens, fight microbes including bacteria,
viruses, helminths, and fungus, aid digestion and decrease gas,
bloating and stomach pain, to treat skin problems like eczema and
psoriasis, promote healthy cholesterol levels, normalizes blood
pressure, Inhibits Candida and fungus growth. The restraints of black
cumin seed oil market are relatively few however are potential to
affect the market and include the weak penetration in the market
owing to the lack of awareness amongst the population regarding the
product and selection of potential alternatives. Also, a few cases
have been reported owing to the side-effects of black cumin seed oil
for instance the onset of contact dermatitis, hypotension, and other
allergic reactions.
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Regional Outlook:-
The
South Asian countries such as India, Indonesia, Singapore, Malaysia,
Sri Lanka and others lead as the top exporters as well as
manufacturers of the black cumin seed oil market followed by North
America and Europe. Most imports have been witnessed by the countries
like U.S, Germany, U.K, China, Saudi Arabia, France, and others. Asia
will remain as a potential market attributing to the growing
economies of India and China. Furthermore, great potential in the
black cumin seed oil market can be attributed to its diverse uses.
Major
Key players:-
Some
of the major key who are driving the myrtle essential oil market
globally are The Blessed Seed, Z-Company, Hab Shifa, Amazing
Nutrition, Organika Health Products Inc., Complete Organics and the
like.
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