The Worldwide Niger Oil Industry is Expected to Reach $197 Million by 2027 –

The Worldwide Niger Oil Industry is Expected to Reach $197 Million by 2027 –

The Worldwide Niger Oil Industry is Expected to Reach $197 Million by 2027 –

DUBLIN–(BUSINESS WIRE)–The “Niger Oil Market Research Report by Extraction Methods, Application, Distribution Channels, Region – Global Forecast to 2027 – Cumulative Impact of COVID-19” report has been added to’s offering.

The Global Niger Oil Market size was estimated at USD 121.93 million in 2021, USD 131.78 million in 2022, and is projected to grow at a CAGR of 8.32% to reach USD 197.02 million by 2027.

Competitive Strategic Window:

The Competitive Strategic Window analyzes the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Niger Oil Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Niger Oil Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Niger Oil Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Niger Oil Market?

4. What is the competitive strategic window for opportunities in the Global Niger Oil Market?

5. What are the technology trends and regulatory frameworks in the Global Niger Oil Market?

6. What is the market share of the leading vendors in the Global Niger Oil Market?

7. What modes and strategic moves are considered suitable for entering the Global Niger Oil Market?

Market Dynamics


  • Growing cases of lung infections such as asthma and surging vulnerability towards chronic diseases
  • Increasing penetration of Niger oil in skincare and personal care industry
  • Surging usage in pharmaceutical sector owing to its healing, antioxidant, inflammatory, pain relieving and other benefits


  • Side effects associated with niger oil


  • Rising application in paint and coating industry and surging demand in the form of biodiesel
  • Expanding demand from livestock sector as protein supplement


  • Specific geographical and weather conditions required for cultivating Niger plant

Companies Mentioned

  • Jedwards International, Inc.
  • Mesmara Botanics Private Limited
  • MilletPlanet
  • Organic Sphere LLC
  • Rajamudi
  • Saptham Food and Beverages Private Limited
  • Selina Wamucii
  • Shubam Farms
  • Two Brothers Organic Farms

For more information about this report visit


Laura Wood, Senior Press Manager

For E.S.T Office Hours Call 1-917-300-0470

For U.S./ CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900