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.

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.

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.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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