Friday 13 September 2019

Global Market for Kalonji Essential Oil and Future Growth Potential

One of the important factors that will be driving the growth of the kalonji oil market is diversification in applications. There has been a significant increase in applications of  black seed oil for various industrial and Nutraceutical areas purposes including personal care products, cosmetics, pharmaceutical products, nutritional and flavoring additives, food seasoning and many more.

Factors Favoring Market Growth

The Kalonji essential oil is manufactured from the black cumin seeds, which have a high content of active compounds that are important for their medicinal properties.
Nigella sativa oil is preferred by consumers during preparation of low calorie and health foods since it contains lower calories per unit.This shall be a key marketing and promotional aspect likely to boost demand in the current era of healthy living.

Technological advancement in production of the kalonji oil will also be a major factor driving market expansion. Growing demand of the oil and supplements has encouraged processors to enhance quality and become more competitive. This has led to adoption of innovative and high precision technologies for extraction such as usingcold press extraction method to obtain high quality black seed oil.

Other factors likely to boost the market growth include innovative packaging and premiumization of the product as compared to other oils in a similar category.



Market Analysis by Regions

According to research, the U. S. black seeds oil market value from food and Nutraceutical applications may reach 130 tons by the year 2025. This increase in demand is propelled by a shift in consumer preferences from synthetic food ingredients to natural ingredients and need for sustainability.

In Saudi Arabia, it is expected that demand for kalonji oil shall be over 35 tons per annum by the year 2025 and a continuous average growth of over 6% per annum is expected.The blackseeds oil has a strong taste and odor for which it is used as spices in various curries. The special taste similar to a combination of oregano, Onions and black pepper enhances its use in salads as well.

In the United Kingdom, the market size is also expected to surpass 35 tons/annum by the year 2025.This favorable demand is boosted by the cosmetics industry. The presence of antioxidants provides great skin benefits such as hydrating the skin, softening and skin moisturization.Health specialists are opting for natural ingredients which is a great advantage to kalonji oil manufacturers.

Market Segmentation

The market for the black seeds oil can be segmented to various categories as follows;

Form

On one hand, the black seed oil can be directly packaged as oil and can also be sold as encapsulated soft gel capsules. The soft gel capsules are gaining demand due to relative convenienceoffered to the customer.


Application

Various applications include cosmetics, dietary supplements,culinary applications and even edible oils. The dietary supplement sector is expected to thrive very well, with a high continuous average growth rate due to the attention and response received from consumers so far.

The ability of the kalonji oil to counter some tumor effects of cancer and some potential in treatment of type 1 and type 2 diabetes , improving digestion, weight loss effects, imparting strength on the hair follicles and skin benefits are some of the factors to the rapid market expansion of the black seed oil market.

It is expected that the market for kalonji seeds oil will continue to grow and more investments are encouraged in this sector.

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