Global Flaxseed Oil Market, By Products (Organic and Inorganic), Type (Cold-Pressed, Hot-Pressed and Extraction), Application (Flooring, Processed Food, Cosmetics, Pharmaceuticals, Paints and Varnishes), Distribution Channel (Direct Sales, Online Retail, Supermarkets/Hypermarkets Specialty Stores), 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
The flaxseed oil market is expected to be growing at a growth rate of 3.5% in the forecast period of 2021 to 2028. The growing utilization in most of industrial applications of flaxseed oil in urban areas will act as a driving factor to the growth of the flaxseed oil market.
Flax seed, which is also known as linseed which are a 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 benefits. Flax seeds oil is an eatable oil and has been used for thousands of years. It has been one of the most needed edible oils across the world.
Major factors that are expected to boost the growth of the flaxseed oil market in the forecast period are the rise in the alertness concerning the health advantages of Flax seed like helping with the weight reduction, stimulating the systolic and diastolic blood pressure and enhancing the hair density and length and so forth. The upsurge in the demand for flaxseed oil in the advanced and developing countries and the increase in the utilization in various application in the automobile and consumer goods industry will is further anticipated to propel the growth of the flaxseed oil market.
On the other hand, the side effects caused by the flaxseed oil such as skin irritation and eye redness to infants when present in the childcare products and the variations in the costs of the raw materials are few of the other factors further estimated to obstruct the growth of the flaxseed oil market in the near future.
This flaxseed 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 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 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.
Flaxseed Oil Market Scope and Market Size
The flaxseed oil market is segmented on the basis of products, type, application and distribution channel. 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.
- On the basis of products, the flaxseed oil market is segmented into organic flaxseed oil and inorganic flaxseed oil.
- On the basis of type, the flaxseed oil market is segmented into cold-pressed, hot-pressed and extraction.
- On the basis of application, the flaxseed oil market is segmented into flooring, processed food, cosmetics, pharmaceuticals, paints and varnishes.
- On the basis of distribution channel, the flaxseed oil market is segmented into direct sales, online retail, supermarkets/hypermarkets specialty stores.
Flaxseed Oil Market Country Level Analysis
The flaxseed oil market is analysed and market size, volume information is provided by country, products, type, application and distribution channel as referenced above.
The countries covered in the flaxseed oil 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 oil market because of the increasing demand of flaxseeds and its derivatives. Asia Pacific is projected to observe significant amount of growth in the flaxseed oil market because of the customer alertness about the several health benefits of flax seed oil, 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 oil market in the coming years.
The country section of the flaxseed 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 Flaxseed Oil Market Share Analysis
The flaxseed 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 flaxseed oil market.
The major players covered in the flaxseed oil market report are Cargill Incorporated., ADM, Healthy Oilseeds Grain Millers, Inc., Bartoline Limited, Rapunzel Naturkost, Gustav Heess Oleochemische Erzeugnisse GmbH, Henry Lamotte Oils GmbH, Natural Factors Nutritional Products Ltd., Krishi Oils Limited, Natrol, LLC, Pharmavite, Nature’s Bounty., Heze Zonghoo Jianyuan Biotech Co., Ltd., Shape Foods Inc., Nature's Way Products, Rexall Sundown, Inc., Blackmores Limited, GNC Holdings, LLC, Linwoods Health Foods., Roquette Frères., Fonterra Co-operative Group, 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.