Global Flaxseeds Market, By Form (Ground Flax Seeds, Flax Seeds Oil, Whole Flax Seeds), Application (Food, Animal and Pet Food, Feed, Paper and Pulp, Textile, Others), 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
Data Bridge Market Research analyses that the global flaxseeds market will account for USD 880.76 million by 2028 and grow at a CAGR of 10.96% in the forecast period of 2021-2028.
Flax seed, often known as linseed, is a food and fibre crop that is crushed to make flax oil and flax meal. In human diets, flax seeds are a source of lignins. It provides various health benefits, including hormone balance, weight loss, improved digestion and cancer prevention in the body. It is also used for manicures and pedicures and helps to strengthen hair. It is used in various forms: grounded seeds, seeds sprouted, whole seed form, and roasted form. It is characterized as non-toxic product which is used as an anti-allergic substance.
Growing health benefits regarding weight loss, blood pressure and easy availability of flaxseeds are the major factors attributable to the growth of flaxseeds market. Also, growing use of product in manufacturing of cereals and breads and no side effect on the body on the consumption of flaxseeds are the driving factors influencing the growth of the flaxseeds market.
Rise in the awareness about the benefits of flaxseeds in restoring nutritional content because it contains all the nine amino acids will boost the opportunities for the growth of flaxseeds market.
However, thinning of blood due to high consumption of flaxseeds and surge in the blood sugar level will restrict the growth of the flaxseeds market. Flaxseeds are not suitable for pregnant ladies because it causes changes in the menstrual cycle will challenge the market growth.
This flaxseeds 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 flaxseeds market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Flaxseeds Market Scope and Market Size
The flaxseeds market is segmented on the basis of form 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.
- On the basis of form, the flaxseeds market is segmented into ground flax seeds, flax seeds oil and whole flax seeds. Whole flax seeds have been further sub-segmented into brown raw, brown toasted, golden raw and golden toasted flax seeds.
- On the basis of application, the flaxseeds market is segmented into food, animal and pet food, feed, paper and pulp, textile and others. Others have been further sub-segmented into personal care, biofuel, building construction and others. Food has been further sub-segmented into breakfast cereals, bakery products, energy bars and others.
Flaxseeds Market Country Level Analysis
The flaxseeds market is analyses and market size, volume information is provided by country, form and application as referenced above.
The countries covered in the flaxseeds market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, 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).
Asia-Pacific dominates the flaxseeds market and will continue to flourish its trend of dominance during the forecast period due to the rising demand for flaxseeds and significant producers and manufacturers in this region. The North America region is expected to score the highest CAGR due to the growing consumption of organic food and rising population.
The country section of the flaxseeds 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 Flaxseeds Market Share Analysis
The flaxseeds 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 flaxseeds market.
The major players covered in the flaxseeds market report are WinCo Foods, KRBL, Johnson Seeds, CanMar Foods Ltd., Simosis, TA Foods Ltd, Healthy Oilseeds, Bob’s Red Mill Natural Foods, greenfieldsjo.com, Stoney Creek Oil Products Pty Ltd, Linwoods Health Foods, Sattviko, 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.