PUBLISHER: Lucintel | PRODUCT CODE: 1556702
PUBLISHER: Lucintel | PRODUCT CODE: 1556702
Black Cumin Seed Oil Trends and Forecast
The future of the global black cumin seed oil market looks promising with opportunities in the food and beverage, pharmaceutical, and daily chemical markets. The global black cumin seed oil market is expected to grow with a CAGR of 8.1% from 2024 to 2030. The major drivers for this market are growing consumer demand for natural and organic products, increasing demand for this oil in cosmetics and personal care products, and rising application of this oil in food and beverage industry.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Black Cumin Seed Oil by Segment
The study includes a forecast for the global black cumin seed oil by type, application, and region.
List of Black Cumin Seed Oil Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies black cumin seed oil companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the black cumin seed oil companies profiled in this report include-
Black Cumin Seed Oil Market Insights
Lucintel forecasts that food grade is expected to witness higher growth.
Within this market, food and beverage is expected to witness the highest growth.
APAC is expected to witness the highest growth.
Features of the Global Black Cumin Seed Oil Market
Market Size Estimates: Black cumin seed oil market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Black cumin seed oil market size by type, application, and region in terms of value ($B).
Regional Analysis: Black cumin seed oil market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the black cumin seed oil market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the black cumin seed oil market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the growth forecast for black cumin seed oil market?
Answer: The global black cumin seed oil market is expected to grow with a CAGR of 8.1% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the black cumin seed oil market?
Answer: The major drivers for this market are growing consumer demand for natural and organic products, increasing demand for this oil in cosmetics and personal care products, and rising application of this oil in food and beverage industry.
Q3. What are the major segments for black cumin seed oil market?
Answer: The future of the black cumin seed oil market looks promising with opportunities in the food and beverage, pharmaceutical, and daily chemical markets.
Q4. Who are the key black cumin seed oil market companies?
Answer: Some of the key black cumin seed oil companies are as follows:
Q5. Which black cumin seed oil market segment will be the largest in future?
Answer: Lucintel forecasts that food grade is expected to witness higher growth.
Q6. In black cumin seed oil market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.