( MENAFN - Straits Research) Introduction Southeast Asia and North America are the native home of black seed oil, also known as black cumin seed, Nigella sativa, and kalonji. The black seed oil has acquired recognition for usage in Indian or Middle Eastern cuisine, such as curries, soups, vegetables, and meat dishes for a peppery flavor. It has the taste and aroma of black pepper, onions, and oregano.
The black seed oil also possesses various health and wellness benefits, including antibacterial, analgesic, antifungal, anti-inflammatory, antioxidant, antiviral, anti-hypertensive, and insulin-sensitizing. Thymoquinone, Thymohydroquinone, and Thymol are the main compounds in black seed oil. It can be used to make myristic acid, palmitic acid, stearic acid, palmitoleic acid, oleic acid, linoleic acid, arachidonic acid, proteins, vitamins B1, B2, B3, calcium, folate, iron, copper, zinc, and phosphorus.
Market Dynamics Due to the accompanying health advantages, black seed oil consumption has increased. Black seed oil helps lower cholesterol, lower blood pressure, improve rheumatoid arthritis symptoms, lessen asthma symptoms, and ease stomach discomfort. As people become more worried about their health, they are starting to choose "better-for-you" food ingredients that are healthy and safe to eat.
Black seed oil can also be taken orally in liquid or pill form. Thus, it is anticipated that the health advantages of black seed oil during the forecast period will propel market expansion. It is anticipated that the increasing prevalence of chronic conditions such as asthma, diabetes, sinusitis, nasal congestion, male infertility, Alzheimer's, heart issues, rheumatoid arthritis, and respiratory infections will fuel the market's demand for pharmaceutical products.
Black seeds are most frequently used as daily nutritional supplements because it is a rich source of vitamin B, copper, phosphorus, calcium, and zinc. Which considerably impacts the demand for black seed oil. Growing demand for natural components drives the black seed oil market .
Many businesses emphasize organic growth initiatives, including new launches, product approvals, and patents and events. Acquisitions, partnerships & collaborations were examples of inorganic growth tactics observed in the market. These actions have enabled market participants to increase their clientele and revenue.
International demand for black seed oil is projected to give industry participants with lucrative growth opportunities in the near future. Regional Analysis According to the region, the market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Asia-Pacific provided 45% of 2021 market revenue.
China and India are the regions where Nigella sativa originated. Improved agricultural methods and more acreage are growing the market. Increasing nutraceutical and medicinal uses of black seed oil will boost market income.
Growing consumer preference for nutraceutical items over pharmaceutical formulations may drive market changes. Rising demand for healthy soups, sauces, curries, and bakery goods will boost demand for black seed oil in the coming years. Europe has the most significant CAGR.
Increased use in personal care and cosmetics has fuelled growth. Organic treatments for ailments are becoming more popular, which boosts growth. As more Europeans engage in sports and fitness, the demand for sports nutrition products and nutritional supplements is expected to rise, increasing the regional market.
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Black Seed Oil Market Analysis, Demand To 2033
(MENAFN - Straits Research) Introduction Southeast Asia and North America are the native home of black seed oil, also known as black cumin seed, Nigella sativa, and kalonji. The black seed ...