Flax Seed Market Growth, Trends, And Forecast To 2024

Posted by Prashanth on November 27th, 2019

MARKET OVERVIEW:

Flax seeds are exceptionally nutritious and have various medical advantages like it fights disease and obesity, advances weight reduction, enhances stomach related framework, adjusts hormone. Flax seeds are rich in Omega-3 unsaturated fat which helps in bringing down the pulse and blood cholesterol. Global Flax seed Market is worth USD xx million in 2019 and estimated to grow at a CAGR of xx.xx%, to reach USD xx million by 2024. The global Flaxseed market is developing at a rapid pace.

DRIVERS & RESTRAINTS OF THE MARKET:

• The main drivers are the demand from the textile, food and paper industries, which in turn has increased demand for flaxseed.
• The growing use of flaxseed in the personal care and plastics industries in both developed and developing countries is also stimulating the industry.
• The increasing awareness of health, the demand for a clean label and the ever increasing popularity also energize this industry.

REPORT SEGMENTED AS:

Based on Type:

• Milled (Ground) Flaxseed
• Whole Flaxseed
• Flaxseed Oil

Based on Application:

• Food
• Bakery Products & Cereals
• Energy Bars
• Flaxseed Meal Powders
• Supplements
• Flour
• Animal Food
• Others

GEOGRAPHICAL SEGMENTATION:

Geographically, the Global Flax Seed Market is segmented into North America, Europe, Asia-Pacific, Latin America and the Middle East and Africa. North America is the market leader globally. Canada, Russia, the United States, India, Ethiopia, Ukraine, China, Kazakhstan, United Kingdom, France, and Argentina are some of the major producers of flaxseeds worldwide.

KEY MARKET PLAYERS:

• Simosis International
• Richardson International Ltd.
• Sunnyville Farms Ltd.
• AgMotion Speciality Grains
• S Johnson Seeds
• Cargill Inc.
• CanMAr Grain Products Ltd.
• Stokke Seeds
• TA Foods Ltd.
• Archer Daniels Midland Company

THE SCOPE OF THE REPORT:

The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along with this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed, and the prospects with huge growth potential identified and debated.

The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis of prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity.

What else? Apart from the syndicated report, our in-house team has expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

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