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Dill Seed Oil Market size achieved USD 1.83 billion in 2023 and will grow at 3.7% CAGR from 2024 to 2032. Due to the escalating demand for treating diseases including dysentery, diarrhoea, and food poisons owing to antispasmodic and disinfectant characteristics and the ability to protect against infectious microbes and smoothening digestion.
Growing Dill seed oil utilisation in flavour, fragrance and pharmaceutical industries should propel industry growth. Beneficial characteristics including anti-microbial, antihistamine, antioxidant, anti-inflammatory, anti-hyperlipidaemic, anti-fungal, anti-hypercholesterolaemia, galactagogue, diuretic, sedative and sudorific should promote product demand. Dill seed oil is rich in monoterpenes that has ability to activate secretion of glutathione-S-transferase enzymes in human body which helps in coupling antioxidant glutathione and oxidised molecules hence, preventing cancer. This oil offers superior neutralisation against carcinogenic substances including benzopyrenes which should accelerate the market share.
Report Attribute | Details |
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Base Year: | 2023 |
Dill Seed Oil Market Size in 2023: | USD 1.83 Billion |
Forecast Period: | 2024 – 2032 |
Forecast Period 2024 – 2032 CAGR: | 3.7% |
2024 – 2032 Value Projection: | USD 2.52 Billion |
Historical Data for: | 2021-2023 |
No. of Pages: | 200 |
Tables, Charts & Figures: | 172 |
Segments covered: | By Type, By Application, and By region |
Growth Drivers: |
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Pitfalls & Challenges: |
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Consumption or application of this oil over body will lead to skin irritation & increased sensitivity which would result in sunburns and skin cancer that should hamper product demand. High dependency on climatic changes have affected dill seed cultivation cycle which has decreased productive resulting procurement difficulties may challenge industry profitability, thus hampering the market value.
The dill seed oil market is experiencing significant growth due to several factors. Such as, the increasing consumer demand for natural and organic products is propelling the market, as dill seed oil is a natural ingredient sought for its purity and authenticity. Also, there is a growing awareness of health benefits associated with dill seed oil, such as its antioxidant and digestive properties, which aligns with the rising wellness trend among consumers.
Additionally, the expanding applications of dill seed oil in cosmetics and personal care products, including skincare and haircare, further boost its market potential. This trend is fueled by the oil's reputed benefits in promoting healthy skin and hair, making it an attractive ingredient for beauty brands looking to capitalize on the natural product movement.