Nigella
sativa is commonly known as Black cumin is extracted from a herb and
is known for its medicinal properties. Nigella sativa is used very
commonly as a spice but now is found to have potential application in
pharmaceutical industries. The usage of Nigella sativa as an
ingredient in food is found to lower the cholesterol level in the
blood and also helps in reducing blood-pressure. It is also found to
have anti-asthmatic effect which increases its medicinal value.
Nigella
sativa oil is used in cooking as a flavor enhancer. It is also widely
used in nutraceuticals and functional foods which enhances its market
demand even more. Bioactive ingredients of Nigella sativa increases
its popularity as a herbal medicine. Nigella sativa extract market is
expected to have surge driven by its multi-purpose application in
various industries.
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Market
Segmentation:
The
global Nigella sativa extract market can be segmented on the basis of
form, end use industries, distribution channel and regions.
On
the basis of form, nigella sativa extract can be segmented into
powder, liquid and capsules. The liquid segment is found to be
dominating the market however, the consumption of coriander oil in
the form of capsule as a dietary supplement is expected to increase
at a higher rate. Furthermore, on the basis of end use industries,
nigella sativa extract can be segmented as food industries,
pharmaceuticals, perfumery and others.
On
the basis of distribution channel, Nigella sativa extract market is
segmented into wholesaler retailers, online retail,
supermarkets/hypermarkets, and specialty stores. Based on the
increasing popularity of herbal, chemical-free products, the market
share of supermarkets/hypermarkets is expected to grow at a higher
rate.
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Market
Regional Outlook:
Geographically,
the global Nigella sativa extract market can be divided by major
regions which include North America, Latin America, Western Europe,
Eastern Europe, Asia Pacific excluding Japan, Japan and Middle East
and Africa. Europe & Asia-Pacific region found to be a potential
market for Nigella sativa extract. In addition, based on the
medicinal applications, North-America is anticipated to expand its
market for Nigella sativa extract.
Market
Drivers and Trends:
Due
to the wide medical application of Nigella sativa extract, it is used
in ailment of various diseases. It is found to be rich in
anti-oxidants and flavonoids. Nigella sativa also imparts
anti-cancerous properties and is also consumed widely because it
helps in removal of toxins from the body. With the increasing health
concerns amongst people, the consumption of herbal food products has
increased. This in turn helps in fueling up the global market of
Nigella sativa which is known to have several health benefits.
The
oil of Nigella sativa is seeking popularity because it is naturally
found, has several health benefits and unlike any other artificially
synthesized food product, is chemical free. People adopting healthy
lifestyle is one of the major reasons that the global market of
Nigella sativa extract is expanding at a higher rate.
Nigella
sativa extract Market Key Players:
Some
of the key players in the global Nigella sativa extract are
ShiffaHome Natural Herbal Products Inc., Marie d’Argan, Sweet
sunnah, Safa Honey Co., Black Seed Products, Inc., Keter Wellness
etc. however, new players are expected to enter the global Nigella
sativa extract market.
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