Global Cumin Seed Oil Market, By Form (Oil, Capsule), Application (Cosmetics and Personal Care, Dietary Supplements, Culinary), End Use (Retail, Industrial), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Cumin Seed Oil Market
Cumin seed oil market size is expected to grow at a compound annual rate of 5.0% in the forecast period 2021 to 2028 and is likely to reach USD 0.56 billion by 2028. The rise in the product acceptance and usage is the factor responsible for the growth of cumin seed oil market in the forecast period of 2021 to 2028.
Cumin seed oil, also known as kalonji, black seed and nigella sativa. The cumin seed oil have got acknowledgement for its usage in the Middle Eastern and Indian cuisine, such as curries, soups, vegetables and the meat dishes for a peppery kind of flavor.
The major growing factor towards cumin seed oil market is the rise in product demand in functional foods. Furthermore, the rise in the product demand in functional foods and is also expected to heighten the overall demand for cumin seed oil market over the forecast period of 2021 to 2028. Moreover, the rise in cosmetics and personal care exports and increase in organic ingredients demand due to strict EU regulations regarding limiting synthetic chemical usage are also expected to serve as foremost drivers for the cumin seed oil market at a global level. In addition, the rise in the product demand in cosmetics along with rise in the consumption of natural ingredients in skin care applications are also lifting the growth of the cumin seed oil market.
However, the various side effects associated and the lack of awareness amongst the population regarding the product are projected to act as a restraint towards the growth of cumin seed oil market, whereas the selection of potential alternatives can challenge the growth of the cumin seed oil market.
Moreover, the rise in the consumption, increase in the application in the food and beverage industry and the rapid shift in consumer preference from drug formulations to nutraceutical products for treatment of various diseases are expected to further generate new opportunities for the cumin seed oil market in the forecast period of 2021 to 2028.
This cumin seed oil market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on cumin seed oil market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Cumin Seed Oil Market Scope and Market Size
- Cumin seed oil market is segmented on the basis of form, application and end use. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- The form segment of the cumin seed oil market has been segmented into oil and capsule.
- On the basis of application, the cumin seed oil market has been segmented into cosmetics and personal care, dietary supplements and culinary.
- On the basis of end use, the cumin seed oil market has been segmented into retail and industrial. Retail has further been segmented into online stores, hypermarkets/supermarkets, specialized drug stores and convenience stores.
Cumin Seed Oil Market Country Level Analysis
Cumin seed oil market is analyses and market size, volume information is provided by country, form, application and end use as referenced above.
The countries covered in the cumin seed oil market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 due to the rise in the consumption of functional foods such as curries, soups, sauces and bakery products fortified with natural ingredients and rise in the economies of China and India.
The country section of the cumin seed oil market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Cumin Seed Oil Market Share Analysis
Cumin seed oil market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to cumin seed oil market.
The major players covered in the cumin seed oil report are Sabinsa, AOS Products Pvt. Ltd., Safa Honey Co., Kerfoot Group, MANISH AGRO, Z-COMPANY, HAB SHIFA, OPW Ingredients GmbH, and Dwarkesh Pharmaceuticals Private Limited, among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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