Global Flax Seed Market
Global Flax Seed Market Report Description:
Global flax seed market report gives comprehensive outlook on flax seed across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The report on global flax seed market gives historical, current, and future market sizes (US$ Mn) on the basis of product type, application, and region. This report studies global flax seed market dynamics elaborately to indentify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global flax seed market report includes regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global flax seed market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the global flax seed market report include suppliers, manufacturers, and marketers engaged in global flax seed products.
Global Flax Seed Market:
The global Flax Seed market estimated to be valued US$ XX Mn in 2018 and poised to grow at significant CAGR over 2019-2025 due to increase in the consumption of healthy food products around the globe. Moreover, rise in R&D for the development of newer flax seed products, change in lifestyle, and rise in disposable income are the major factors that are driving the growth of the flax seed market.
Increase in the Health Consciousness among the People
Increase in the health awareness among the population coupled with surge in consumption of nutritional food products are propel the market over the forecast years. Moreover, health benefits with flax seed such as decrease in cholesterol level, reducing the heart diseases, improvement in digestion, and increase in flax seed consumption in other health conditions such as diabetes, cancer, and allergic reactions, are boost the flax seed market over the forecast timeframe
North America Accounts for Larger Market Revenue Share in Global Flax Seed Market
North America accounted for larger revenue share in global flax seed market with significant CAGR. Increase in health awareness among the population, increase in the consumption of bakery food products, and rise in disposable income are anticipated to propel the market in North America region. Europe flax seed market projected to grow at significant rate owing to increase in R&D for the development of newer products, change in lifestyle, and better availability of the products are expected to enhance the market.
Key player’s profiles in the global flax seed market include:
- AgMotion Inc.
- Linwoods Health Foods
- CanMar Grain Products Ltd.
- TA Foods Limited
- Archer Daniels Midland Company
- Stober Farms LLC
- Heartland Flax, Shape Foods Inc.
- Maitre CoQ
- Healthy Food Ingredients LLC.
- Zeghers Seed Inc.
- Bioriginal Food & Science Corporation
Global flax seed market is surging owing to frequent product approvals and launchings by the market players. For instance, In September 2016, Archer Daniels Midland Company launched Onavita a new, fully refined, non-GMO flaxseed oil that provides a cost-effective solution used in a variety of products, ranging from supplements to pasta sauces and dressings and more.
Key Findings of the Report:
- Global flax seed market expanding at significant CAGR over 2019 to 2025 owing to increase in the consumption of healthy food and feed products
- Based on product type, whole t flax seed accounted for larger market revenue share in 2018 and projected gain market revenue share over the forecast period
- Players focusing on innovation of newer products and collaboration strategies to retain market position in global flax seed market
Key Features of the Report:
- The report provides granular level information about the market size, regional market share, historic market (2014-2018) and forecast (2019-2025)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments and startup’s details that are actively working in the market
- The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
- The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
By Product Type
- Milled Flax Seed
- Whole Flax Seed
- Flax Seed Oils
- Cereals and Bakery Products
- Food Supplements
- Flax Seed Meal Powders
- Energy Bars
- Animal Feed
- Rest of Europe
- Australia & New Zealand
- ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
- South Korea
- Rest of Asia-Pacific
- Rest of Latin America
- Middle East and Africa (MEA)
- Gulf Cooperation Council (GCC) Countries
- South Africa
Rest of MEA