Global Flaxseed Market, By Product (Ground Flax Seed, Flax Seed Oil, Whole Flax Seed), Application (Food, Feed, Pet Food, Paper and Pulp, Textile and Other), 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 Flaxseed Market
The flaxseed market is expected to be growing at a growth rate of 5.80% in the forecast period of 2021 to 2028 and is expected to reach USD 0.0020 million by 2028. The growing awareness related to the health benefits of Flax seed will act as a driving factor to the growth of the flaxseed market.
Flax seed, which is also called as linseed which are rich source of nutritional benefits such as vitamin B1, dietary fiber, magnesium, zinc, lignans and essential fatty acids. Flax seeds are best identified for its culinary uses and health advantages. Flax seeds oil is edible oil and has been utilized for thousands of years. It has been one of the most wanted edible oils around the globe.
Major factors that are expected to boost the growth of flaxseed market in the forecast period are the increasing consciousness regarding the health benefits of Flax seed like helping with the weight reduction, affecting the systolic and diastolic blood pressure, improvising the hair density and length and so forth. Furthermore, the growing demand for flaxseed in animal feed because of the high nutritional value it provides and easy accessibility, the increasing trend of veganism and vegetarianism and flaxseeds are a cheaper alternative to chia seeds and quinoa seeds are some of the factors anticipated to further propel the growth of the flaxseed market. Moreover, the increasing demand for flaxseed in advanced and developing countries, the rising need for high quality protein ingredients-based food products and the growing of the population are some of the other factors further estimated to cushion the growth of the flaxseed market. Additionally, the increasing demand for ready to eat products and the growing of the disposable income among middle income families in the advancing nations are further augmenting the growth of the flaxseed market. However, the over consumption of flax seeds which can have toxic side effect on the body and high susceptibility of the crop to pests and weeds are the factors responsible for impeding the growth of the flaxseed market in the near future.
This flaxseed market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised 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 the flaxseed market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Flaxseed Market Scope and Market Size
The flaxseed market is segmented on the basis of product and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- Based on the product, the flaxseed products market is segmented into ground flax seed, flax seed oil, whole flax seed. Whole flax seed is further sub segmented into brown raw, brown toasted, golden raw and golden toasted flax seeds.
- Based on the application, the flaxseed products market is segmented into food, feed, pet food, paper and pulp, textile and other. Food is further sub segmented into energy bars, bakery products and breakfast cereals. Other is further sub segmented into personal care, biofuel, building construction among others.
Flaxseed Market Country Level Analysis
The flaxseed market is analysed and market size, volume information is provided by country, product and application as referenced above.
The countries covered in the flaxseed market report are the 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).
North America dominates the flaxseed market because of the increasing demand of flaxseeds and its derivatives. Asia Pacific is projected to observe significant amount of growth in the flaxseed market because of the customer alertness about the several health benefits of flax seeds, like its anti-cancer and anti-obesity properties and its ability to aid the digestive system. Furthermore, the growing demand in the advanced and developing countries which is further anticipated to propel the growth of the flaxseed market in the coming years.
The country section of the flaxseed 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 Flaxseed Market Share Analysis
The flaxseed 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 flaxseed market.
The major players covered in the flaxseed market report are AgMotion, Inc., Johnson Seeds, Cargill Incorporated., Stokke Seeds., Simosis, Richardson International Limited, Sunnyville Farms Ltd., TA FOODS LTD, Linwoods Health Foods., CanMar Foods Ltd., Healthy Oilseeds Grain Millers, Inc., Barchart.com, Inc., Bioriginal Food & Science Corp, DuPont., ADM, Roquette Frères., MGP, Fonterra Co-operative Group, Kerry., Axiom Materials, Inc., 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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