Market Overview:
The global black cumin extract market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for herbal supplements and pharma products across the globe. Additionally, rising awareness about the health benefits of black cumin extract is also propelling the market growth. However, stringent regulatory norms for product approvals are restraining the growth of this market. On basis of type, above 5% TQ segment is projected to account for major share in terms of revenue in 2018 and is expected to maintain its dominance throughout 2030. This can be attributed to high quality and efficacy offered by products with above 5% TQ content as compared with other segments.
Product Definition:
Black cumin extract is a natural product that is derived from the black cumin plant. The extract contains compounds that have been shown to have antioxidant and anti-inflammatory properties. It is used as a dietary supplement and may be beneficial for diseases that are caused by oxidative stress or inflammation.
Above 5% TQ:
The global black cumin seed oil market is expected to witness significant growth over the forecast period. The main factor that can be attributed to this growth is its rising demand in food & beverage and personal care industries. It has been found that the product contains essential fatty acids, which are required for heart health and also helps in reducing cholesterol levels.
It also helps in controlling blood pressure as it reduces the stress on heart muscles caused by high blood pressure.
2%-5% TQ:
2%-5% TQ is the percentage of total quantitation for Total QuANTitation. It is a solvent-free extract prepared by supercritical fluid CO2 extraction process from black cumin seeds. 2%-5% TQ has been found to be an effective anti-oxidant and anti-inflammatory agent in scientific research on human cells.
Application Insights:
The global black cumin extract market is segmented by application into herbal supplement, pharmaceutical and food & beverages. The herbal supplement segment dominated the overall industry in terms of revenue share in 2017. Increasing health consciousness among consumers has resulted in an increased demand for natural products with no added chemicals or fillers. Black cumin seed is a rich source of numerous essential nutrients including omega 6 fatty acids, protein and various other minerals such as manganese, magnesium and zinc. These nutritional properties have made it a popular ingredient in the manufacturing of dietary supplements across the globe over the past few years.
Pharmaceutical application was one of the fastest-growing segments owing to extensive research being carried out on black seeds oil derivatives for their anti-inflammatory, antioxidant and antitumor properties coupled with high stability against oxygen and heat which makes them suitable for drug formulations that need to remain stable at elevated temperatures (above 120°C).
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a growth rate of 5.6% over the forecast period, owing to rising consumer awareness regarding health and well-being and increasing adoption of natural products for their healing properties. Increasing demand for black cumin extracts due to its anti-inflammatory, antioxidant, antimicrobial, sedative and appetizer properties is also expected to drive industry expansion over the coming years.
Growth Factors:
- Increasing demand for natural and organic products
- Rising awareness about the health benefits of black cumin extract
- Growing popularity of complementary and alternative medicine (CAM)
- Proliferation of online retailing platforms
- Expansion of distribution channels
Scope Of The Report
Report Attributes
Report Details
Report Title
Black Cumin Extract Market Research Report
By Type
Above 5% TQ, 2%-5% TQ, 0.5-2% TQ, Other
By Application
Herbal Supplement, Pharma
By Companies
Sabinsa, Akay Spiceuticals, Cima Science, TriNutra, Baoji Senjie Biological
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
204
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global Black Cumin Extract Market Report Segments:
The global Black Cumin Extract market is segmented on the basis of:
Types
Above 5% TQ, 2%-5% TQ, 0.5-2% TQ, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Herbal Supplement, Pharma
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Sabinsa
- Akay Spiceuticals
- Cima Science
- TriNutra
- Baoji Senjie Biological
Highlights of The Black Cumin Extract Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Above 5% TQ
- 2%-5% TQ
- 0.5-2% TQ
- Other
- By Application:
- Herbal Supplement
- Pharma
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Black Cumin Extract Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Black cumin extract is a natural extract from the seeds of the black cumin plant. It is used as a spice and flavor enhancer in food products.
Some of the major companies in the black cumin extract market are Sabinsa, Akay Spiceuticals, Cima Science, TriNutra, Baoji Senjie Biological.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Black Cumin Extract Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Black Cumin Extract Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Black Cumin Extract Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Black Cumin Extract Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Black Cumin Extract Market Size & Forecast, 2018-2028 4.5.1 Black Cumin Extract Market Size and Y-o-Y Growth 4.5.2 Black Cumin Extract Market Absolute $ Opportunity
Chapter 5 Global Black Cumin Extract Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Black Cumin Extract Market Size Forecast by Type
5.2.1 Above 5% TQ
5.2.2 2%-5% TQ
5.2.3 0.5-2% TQ
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Black Cumin Extract Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Black Cumin Extract Market Size Forecast by Applications
6.2.1 Herbal Supplement
6.2.2 Pharma
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Black Cumin Extract Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Black Cumin Extract Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Black Cumin Extract Analysis and Forecast
9.1 Introduction
9.2 North America Black Cumin Extract Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Black Cumin Extract Market Size Forecast by Type
9.6.1 Above 5% TQ
9.6.2 2%-5% TQ
9.6.3 0.5-2% TQ
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Black Cumin Extract Market Size Forecast by Applications
9.10.1 Herbal Supplement
9.10.2 Pharma
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Black Cumin Extract Analysis and Forecast
10.1 Introduction
10.2 Europe Black Cumin Extract Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Black Cumin Extract Market Size Forecast by Type
10.6.1 Above 5% TQ
10.6.2 2%-5% TQ
10.6.3 0.5-2% TQ
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Black Cumin Extract Market Size Forecast by Applications
10.10.1 Herbal Supplement
10.10.2 Pharma
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Black Cumin Extract Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Black Cumin Extract Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Black Cumin Extract Market Size Forecast by Type
11.6.1 Above 5% TQ
11.6.2 2%-5% TQ
11.6.3 0.5-2% TQ
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Black Cumin Extract Market Size Forecast by Applications
11.10.1 Herbal Supplement
11.10.2 Pharma
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Black Cumin Extract Analysis and Forecast
12.1 Introduction
12.2 Latin America Black Cumin Extract Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Black Cumin Extract Market Size Forecast by Type
12.6.1 Above 5% TQ
12.6.2 2%-5% TQ
12.6.3 0.5-2% TQ
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Black Cumin Extract Market Size Forecast by Applications
12.10.1 Herbal Supplement
12.10.2 Pharma
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Black Cumin Extract Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Black Cumin Extract Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Black Cumin Extract Market Size Forecast by Type
13.6.1 Above 5% TQ
13.6.2 2%-5% TQ
13.6.3 0.5-2% TQ
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Black Cumin Extract Market Size Forecast by Applications
13.10.1 Herbal Supplement
13.10.2 Pharma
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Black Cumin Extract Market: Competitive Dashboard
14.2 Global Black Cumin Extract Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sabinsa
14.3.2 Akay Spiceuticals
14.3.3 Cima Science
14.3.4 TriNutra
14.3.5 Baoji Senjie Biological