The Latin America, Middle East and Africa Black Seed Oil Market would witness market growth of 9.7% CAGR during the forecast period (2022-2028).
Black seed oil has a number of advantages, including the capacity to help people lose weight. According to a comprehensive review published in the Diabetes & Metabolic Disorders Journal in 2013, black seed oil may be effective in the treatment of obesity. For over 3000 years, black seed has been a prized herb, containing over 100 beneficial properties. It's high in critical fatty acids, proteins, carbs, vitamins, and other minerals. Indeed, the seeds are high in sterols, especially beta-sitosterol, which is thought to have anti-cancer qualities.
Black Seed is widely consumed in the African region in various dishes, sauces and salad as an ingredient or flavoring agent. In Arab countries, black seed is widely considered as a remedy for various medical conditions, which is contributing to the popularity of the black seed oil in the region. Ayurvedic plants have gotten a lot of attention since they are less expensive, easier to get, and have fewer side effects than manufactured medicines. Furthermore, religious and cultural traditions dictate the usage of numerous therapeutic floras and their products. For millennia, black cumin has been utilized by various human cultures in the region, particularly in Muslim populations, to heal a variety of diseases.
Along with that, several market players are entering this region to expand their market share by introducing latest products. Additionally, the expansion of the agricultural sector in African region and the rising disposable income of the consumers is fueling the demand for black seed oil across this region during the forecast period.
The Brazil market dominated the LAMEA Black Seed Oil Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $448.9 Thousands by 2028. The Argentina market is estimated to grow at a CAGR of 10.3% during (2022 - 2028). Additionally, The UAE market would witness a CAGR of 9.4% during (2022 - 2028).
Based on Application, the market is segmented into Nutraceutical, Pharmaceuticals, Personal Care & Cosmetics, Flavoring & Dressing, and Culinary. Based on Product, the market is segmented into Oil, Powder, Tablets, & Capsules, and Soft Gel. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Black Seed Oil Market is Predict to reach $27.6 Million by 2028, at a CAGR of 7.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Henry Lamotte Oils GmbH, FLAVEX Naturextrakte GmbH, The Kerfoot Group Limited, Life Extension Foundation Buyers Club, Inc., NuVerus Corporation, BioPrep Solutions, Perrigo Company PLC, TriNutra, Ltd., Sabinsa Corporation, and ConnOils LLC.
Scope of the Study
Market Segments Covered in the Report:
By Application
- Nutraceutical
- Pharmaceuticals
- Personal Care & Cosmetics
- Flavoring & Dressing
- Culinary
By Product
- Oil
- Powder, Tablets, & Capsules
- Soft Gel
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Henry Lamotte Oils GmbH
- FLAVEX Naturextrakte GmbH
- The Kerfoot Group Limited
- Life Extension Foundation Buyers Club, Inc.
- NuVerus Corporation
- BioPrep Solutions
- Perrigo Company PLC
- TriNutra, Ltd.
- Sabinsa Corporation
- ConnOils LLC
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Black Seed Oil Market, by Application
1.4.2 LAMEA Black Seed Oil Market, by Product
1.4.3 LAMEA Black Seed Oil Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. LAMEA Black Seed Oil Market by Application
3.1 LAMEA Nutraceutical Market by Country
3.2 LAMEA Pharmaceuticals Market by Country
3.3 LAMEA Personal Care & Cosmetics Market by Country
3.4 LAMEA Flavoring & Dressing Market by Country
3.5 LAMEA Culinary Market by Country
Chapter 4. LAMEA Black Seed Oil Market by Product
4.1 LAMEA Oil Market by Country
4.2 LAMEA Powder, Tablets, & Capsules Market by Country
4.3 LAMEA Soft Gel Market by Country
Chapter 5. LAMEA Black Seed Oil Market by Country
5.1 Brazil Black Seed Oil Market
5.1.1 Brazil Black Seed Oil Market by Application
5.1.2 Brazil Black Seed Oil Market by Product
5.2 Argentina Black Seed Oil Market
5.2.1 Argentina Black Seed Oil Market by Application
5.2.2 Argentina Black Seed Oil Market by Product
5.3 UAE Black Seed Oil Market
5.3.1 UAE Black Seed Oil Market by Application
5.3.2 UAE Black Seed Oil Market by Product
5.4 Saudi Arabia Black Seed Oil Market
5.4.1 Saudi Arabia Black Seed Oil Market by Application
5.4.2 Saudi Arabia Black Seed Oil Market by Product
5.5 South Africa Black Seed Oil Market
5.5.1 South Africa Black Seed Oil Market by Application
5.5.2 South Africa Black Seed Oil Market by Product
5.6 Nigeria Black Seed Oil Market
5.6.1 Nigeria Black Seed Oil Market by Application
5.6.2 Nigeria Black Seed Oil Market by Product
5.7 Rest of LAMEA Black Seed Oil Market
5.7.1 Rest of LAMEA Black Seed Oil Market by Application
5.7.2 Rest of LAMEA Black Seed Oil Market by Product
Chapter 6. Company Profiles
6.1 Perrigo Company PLC
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Segmental and Regional Analysis
6.1.4 Research & Development Expense
6.2 Henry Lamotte Oils GmbH
6.2.1 Company Overview
6.3 FLAVEX Natural Extracts GmbH
6.3.1 Company Overview
6.4 The Kerfoot Group Limited (Avril Group)
6.4.1 Company Overview
6.5 Life Extension Foundation Buyers Club, Inc.
6.5.1 Company Overview
6.6 NuVerus Corporation
6.6.1 Company Overview
6.7 Bioprep Solutions
6.7.1 Company Overview
6.8 TriNutra, Ltd.
6.8.1 Company Overview
6.8.2 Recent strategies and developments:
6.8.2.1 Product Launches and Product Expansions:
6.9 Sabinsa Corporation
6.9.1 Company Overview
6.10. ConnOils LLC
6.10.1 Company Overview
TABLE 1 LAMEA Black Seed Oil Market, 2018 - 2021, USD Thousands
TABLE 2 LAMEA Black Seed Oil Market, 2022 - 2028, USD Thousands
TABLE 3 LAMEA Black Seed Oil Market by Application, 2018 - 2021, USD Thousands
TABLE 4 LAMEA Black Seed Oil Market by Application, 2022 - 2028, USD Thousands
TABLE 5 LAMEA Nutraceutical Market by Country, 2018 - 2021, USD Thousands
TABLE 6 LAMEA Nutraceutical Market by Country, 2022 - 2028, USD Thousands
TABLE 7 LAMEA Pharmaceuticals Market by Country, 2018 - 2021, USD Thousands
TABLE 8 LAMEA Pharmaceuticals Market by Country, 2022 - 2028, USD Thousands
TABLE 9 LAMEA Personal Care & Cosmetics Market by Country, 2018 - 2021, USD Thousands
TABLE 10 LAMEA Personal Care & Cosmetics Market by Country, 2022 - 2028, USD Thousands
TABLE 11 LAMEA Flavoring & Dressing Market by Country, 2018 - 2021, USD Thousands
TABLE 12 LAMEA Flavoring & Dressing Market by Country, 2022 - 2028, USD Thousands
TABLE 13 LAMEA Culinary Market by Country, 2018 - 2021, USD Thousands
TABLE 14 LAMEA Culinary Market by Country, 2022 - 2028, USD Thousands
TABLE 15 LAMEA Black Seed Oil Market by Product, 2018 - 2021, USD Thousands
TABLE 16 LAMEA Black Seed Oil Market by Product, 2022 - 2028, USD Thousands
TABLE 17 LAMEA Oil Market by Country, 2018 - 2021, USD Thousands
TABLE 18 LAMEA Oil Market by Country, 2022 - 2028, USD Thousands
TABLE 19 LAMEA Powder, Tablets, & Capsules Market by Country, 2018 - 2021, USD Thousands
TABLE 20 LAMEA Powder, Tablets, & Capsules Market by Country, 2022 - 2028, USD Thousands
TABLE 21 LAMEA Soft Gel Market by Country, 2018 - 2021, USD Thousands
TABLE 22 LAMEA Soft Gel Market by Country, 2022 - 2028, USD Thousands
TABLE 23 LAMEA Black Seed Oil Market by Country, 2018 - 2021, USD Thousands
TABLE 24 LAMEA Black Seed Oil Market by Country, 2022 - 2028, USD Thousands
TABLE 25 Brazil Black Seed Oil Market, 2018 - 2021, USD Thousands
TABLE 26 Brazil Black Seed Oil Market, 2022 - 2028, USD Thousands
TABLE 27 Brazil Black Seed Oil Market by Application, 2018 - 2021, USD Thousands
TABLE 28 Brazil Black Seed Oil Market by Application, 2022 - 2028, USD Thousands
TABLE 29 Brazil Black Seed Oil Market by Product, 2018 - 2021, USD Thousands
TABLE 30 Brazil Black Seed Oil Market by Product, 2022 - 2028, USD Thousands
TABLE 31 Argentina Black Seed Oil Market, 2018 - 2021, USD Thousands
TABLE 32 Argentina Black Seed Oil Market, 2022 - 2028, USD Thousands
TABLE 33 Argentina Black Seed Oil Market by Application, 2018 - 2021, USD Thousands
TABLE 34 Argentina Black Seed Oil Market by Application, 2022 - 2028, USD Thousands
TABLE 35 Argentina Black Seed Oil Market by Product, 2018 - 2021, USD Thousands
TABLE 36 Argentina Black Seed Oil Market by Product, 2022 - 2028, USD Thousands
TABLE 37 UAE Black Seed Oil Market, 2018 - 2021, USD Thousands
TABLE 38 UAE Black Seed Oil Market, 2022 - 2028, USD Thousands
TABLE 39 UAE Black Seed Oil Market by Application, 2018 - 2021, USD Thousands
TABLE 40 UAE Black Seed Oil Market by Application, 2022 - 2028, USD Thousands
TABLE 41 UAE Black Seed Oil Market by Product, 2018 - 2021, USD Thousands
TABLE 42 UAE Black Seed Oil Market by Product, 2022 - 2028, USD Thousands
TABLE 43 Saudi Arabia Black Seed Oil Market, 2018 - 2021, USD Thousands
TABLE 44 Saudi Arabia Black Seed Oil Market, 2022 - 2028, USD Thousands
TABLE 45 Saudi Arabia Black Seed Oil Market by Application, 2018 - 2021, USD Thousands
TABLE 46 Saudi Arabia Black Seed Oil Market by Application, 2022 - 2028, USD Thousands
TABLE 47 Saudi Arabia Black Seed Oil Market by Product, 2018 - 2021, USD Thousands
TABLE 48 Saudi Arabia Black Seed Oil Market by Product, 2022 - 2028, USD Thousands
TABLE 49 South Africa Black Seed Oil Market, 2018 - 2021, USD Thousands
TABLE 50 South Africa Black Seed Oil Market, 2022 - 2028, USD Thousands
TABLE 51 South Africa Black Seed Oil Market by Application, 2018 - 2021, USD Thousands
TABLE 52 South Africa Black Seed Oil Market by Application, 2022 - 2028, USD Thousands
TABLE 53 South Africa Black Seed Oil Market by Product, 2018 - 2021, USD Thousands
TABLE 54 South Africa Black Seed Oil Market by Product, 2022 - 2028, USD Thousands
TABLE 55 Nigeria Black Seed Oil Market, 2018 - 2021, USD Thousands
TABLE 56 Nigeria Black Seed Oil Market, 2022 - 2028, USD Thousands
TABLE 57 Nigeria Black Seed Oil Market by Application, 2018 - 2021, USD Thousands
TABLE 58 Nigeria Black Seed Oil Market by Application, 2022 - 2028, USD Thousands
TABLE 59 Nigeria Black Seed Oil Market by Product, 2018 - 2021, USD Thousands
TABLE 60 Nigeria Black Seed Oil Market by Product, 2022 - 2028, USD Thousands
TABLE 61 Rest of LAMEA Black Seed Oil Market, 2018 - 2021, USD Thousands
TABLE 62 Rest of LAMEA Black Seed Oil Market, 2022 - 2028, USD Thousands
TABLE 63 Rest of LAMEA Black Seed Oil Market by Application, 2018 - 2021, USD Thousands
TABLE 64 Rest of LAMEA Black Seed Oil Market by Application, 2022 - 2028, USD Thousands
TABLE 65 Rest of LAMEA Black Seed Oil Market by Product, 2018 - 2021, USD Thousands
TABLE 66 Rest of LAMEA Black Seed Oil Market by Product, 2022 - 2028, USD Thousands
TABLE 67 Key Information – Perrigo Company PLC
TABLE 68 Key Information – Henry Lamotte Oils GmbH
TABLE 69 Key Information – FLAVEX Natural Extracts GmbH
TABLE 70 Key Information – The Kerfoot Group Limited
TABLE 71 Key Information – Life Extension Foundation Buyers Club, Inc.
TABLE 72 Key Information – NuVerus Corporation
TABLE 73 Key Information – Bioprep Solutions
TABLE 74 Key Information – TriNutra, Ltd.
TABLE 75 Key Information – Sabinsa Corporation
TABLE 76 Key Information – ConnOils LLC
List of Figures
FIG 1 Methodology for the research