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Flaxseed Oil Market

Global Flaxseed Oil Market Size, Share, Growth, Forecast: By Nature: Organic, Conventional; By Type: Raw, Boiled, Others; By Distribution Channel: Supermarkets & Hypermarkets, Convenience Stores, Specialty Store, Online, Others; By Application; Regional Analysis; Market Dynamics: SWOT Analysis; Competitive Landscape; 2024-2032

Global Flaxseed Oil Market Outlook

The global flaxseed oil market is expected to grow at a CAGR of 3% in the forecast period of 2024-2032.

 

Global Flaxseed Oil Market

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Growing Utilisation of Flaxseed Oil in Cosmetics and Food Applications to Aid the Growth of the Global Market for Flaxseed Oil

The demand for flaxseed oil for cosmetics and food applications is expected to enhance significantly over the forecast period. This can be attributed to the growing awareness regarding the potential health benefits of flaxseed oil and its versatility. Flaxseed oil is used as a functional food ingredient and has been incorporated into baked foods, dairy products, muffins, dry pasta products, and meat products. Further, the oil can easily be swapped for other types of oil in salad dressings, margarines, dips, and sauces. Besides this, it can also be applied directly to skin to enhance its health and increase moisture content. Thus, these factors are expected to provide enhanced opportunities to the market in the forecast period.

 

North America to Significantly Contribute to the Growth of the Flaxseed Oil Industry

North America is one of the leading regions in the global market for flaxseed oil and is expected to account for a significant share in the industry over the forecast period. This can be attributed to the easy availability of flaxseed in the region, with Canada and the United States as one of the leading cultivators of flaxseed across the world, coupled with the rising popularity of flaxseed based products among health and beauty conscious consumers. Meanwhile, the Asia Pacific region is expected to witness high demand for the product in both cosmetics and industrial segments due to rapid urbanisation in countries like China and India.

 

Flaxseed Oil: Market Segmentation

Flaxseed oil, also referred to as flax oil or linseed oil, is produced by pressing the dried, ripened seeds of the flax plant. It appears as a colourless to yellowish liquid. Flaxseed oil is a rich source of essential omega-3 fatty acid, particularly alpha-linolenic acid (ALA). Due to its many health benefits, it is used for various applications, ranging from food to skin care. Further, it also has various industrial uses, such as in paints, for manufacturing other industrial solvents, and others.

 

Global Flaxseed Oil Market By Application

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By nature, the market is bifurcated into:

  • Organic
  • Conventional

The different types of flaxseed oil available in the market are:

  • Raw
  • Boiled
  • Others

Based on distribution channel, the industry can be segmented into:

  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Specialty Store
  • Online
  • Others

On the basis of application, the industry can be divided into:

  • Cosmetics
  • Food
  • Pharmaceuticals
  • Paints and Varnish
  • Flooring
  • Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Flaxseed Oil Market By Region

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Increasing Health Awareness and the Rising demand for Natural Products to Boost the Demand for Flaxseed Oil

The flaxseed oil industry is being driven by the increasing health awareness among consumers and the rising preference for natural products. The demand for natural and healthy products is increasing at a rapid pace and this is pushing the food and cosmetic manufacturers to adopt flaxseed oil as an active ingredient in various products. Further, the growing urbanisation is expected to create enhanced demand for flaxseed oil for various industrial applications like in paints and varnish. Other factors like the escalating disposable incomes, increasing standards of living, and growing retail sector are also aiding the growth of the industry. Over the forecast period, the growing R&D activities on medicinal benefits of flaxseed oil is expected to significantly contribute to the industry growth.

 

Key Industry Players in the Global Flaxseed Oil Market

The report gives a detailed analysis of the following key players in the global flaxseed oil market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Cargill, Incorporated
  • Archer Daniels Midland Company
  • Shape Foods Inc.
  • Bartoline Limited
  • Natrol, LLC
  • Pharmavite LLC
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Nature
  • Type
  • Distribution Channel
  • Application
  • Region
Breakup by Nature
  • Organic
  • Conventional
Breakup by Type
  • Raw
  • Boiled
  • Others
Breakup by Distribution Channel
  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Specialty Store
  • Online
  • Others
Breakup by Application
  • Cosmetics
  • Food
  • Pharmaceuticals
  • Paints and Varnish
  • Flooring
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Cargill, Incorporated
  • Archer Daniels Midland Company
  • Shape Foods Inc.
  • Bartoline Limited
  • Natrol, LLC
  • Pharmavite LLC
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Flaxseed Oil Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Flaxseed Oil Historical Market (2018-2023) 
    8.3    Global Flaxseed Oil Market Forecast (2024-2032)
    8.4    Global Flaxseed Oil Market by Nature
        8.4.1    Organic 
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Conventional 
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
    8.5    Global Flaxseed Oil Market by Type
        8.5.1    Raw
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Boiled
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Others
    8.6    Global Flaxseed Oil Market by Distribution Channel
        8.6.1    Supermarkets and Hypermarkets
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Convenience Stores
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Specialty Store
            8.6.3.1    Historical Trend (2018-2023)
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Online
            8.6.4.1    Historical Trend (2018-2023)
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Others
    8.7    Global Flaxseed Oil Market by Application
        8.7.1    Cosmetics
            8.7.1.1    Historical Trend (2018-2023)
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Food
            8.7.2.1    Historical Trend (2018-2023)
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Pharmaceuticals
            8.7.3.1    Historical Trend (2018-2023)
            8.7.3.2    Forecast Trend (2024-2032)
        8.7.4    Paints and Varnish
            8.7.4.1    Historical Trend (2018-2023)
            8.7.4.2    Forecast Trend (2024-2032)
        8.7.5    Flooring
            8.7.5.1    Historical Trend (2018-2023)
            8.7.5.2    Forecast Trend (2024-2032)
        8.7.6    Others   
    8.8    Global Flaxseed Oil Market by Region
        8.8.1    North America
            8.8.1.1    Historical Trend (2018-2023) 
            8.8.1.2    Forecast Trend (2024-2032)
        8.8.2    Europe
            8.8.2.1    Historical Trend (2018-2023) 
            8.8.2.2    Forecast Trend (2024-2032)
        8.8.3    Asia Pacific
            8.8.3.1    Historical Trend (2018-2023) 
            8.8.3.2    Forecast Trend (2024-2032)
        8.8.4    Latin America
            8.8.4.1    Historical Trend (2018-2023) 
            8.8.4.2    Forecast Trend (2024-2032)
        8.8.5    Middle East and Africa
            8.8.5.1    Historical Trend (2018-2023) 
            8.8.5.2    Forecast Trend (2024-2032)
9    North America Flaxseed Oil Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Flaxseed Oil Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Flaxseed Oil Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Flaxseed Oil Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Flaxseed Oil Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Trade Analysis (HS Code- 151519) 
    16.1    Major Importing Countries
        16.1.1    By Volume
        16.1.2    By Value
    16.2    Major Exporting Countries
        16.2.1    By Volume
        16.2.2    By Value
17    Price Analysis
    17.1    North America Historical Price Trends (2018-2023) and Forecast (2024-2032)
    17.2    Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
    17.3    Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
    17.4    Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
    17.5    Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
18    Manufacturing Process
    18.1    Overview
    18.2    Detailed Process Flow
    18.3    Operation Involved
19    Competitive Landscape
    19.1    Market Structure
    19.2    Company Profiles
        19.2.1    Cargill, Incorporated
            19.2.1.1    Company Overview
            19.2.1.2    Product Portfolio
            19.2.1.3    Demographic Reach and Achievements
            19.2.1.4    Certifications
        19.2.2    Archer Daniels Midland Company
            19.2.2.1    Company Overview
            19.2.2.2    Product Portfolio
            19.2.2.3    Demographic Reach and Achievements
            19.2.2.4    Certifications
        19.2.3    Shape Foods Inc.
            19.2.3.1    Company Overview
            19.2.3.2    Product Portfolio
            19.2.3.3    Demographic Reach and Achievements
            19.2.3.4    Certifications
        19.2.4    Bartoline Limited
            19.2.4.1    Company Overview
            19.2.4.2    Product Portfolio
            19.2.4.3    Demographic Reach and Achievements
            19.2.4.4    Certifications
        19.2.5    Natrol, LLC
            19.2.5.1    Company Overview
            19.2.5.2    Product Portfolio
            19.2.5.3    Demographic Reach and Achievements
            19.2.5.4    Certifications
        19.2.6    Pharmavite LLC
            19.2.6.1    Company Overview
            19.2.6.2    Product Portfolio
            19.2.6.3    Demographic Reach and Achievements
            19.2.6.4    Certifications
        19.2.7    Others
20    Key Trends and Developments in the Market

 

Additional Customisations Available

1 Project Requirement and Cost Analysis
    1.1    Land, Location and Site Development
    1.2    Construction
    1.3    Plant Machinery
    1.4    Raw Material
    1.5    Packaging
    1.6    Transportation
    1.7    Utilities
    1.8    Manpower
    1.9    Other Capital Investment

 

List of Key Figures and Tables

1.    Global Flaxseed Oil Market: Key Industry Highlights, 2018 and 2032
2.    Global Flaxseed Oil Historical Market: Breakup by Nature (USD Billion), 2018-2023
3.    Global Flaxseed Oil Market Forecast: Breakup by Nature (USD Billion), 2024-2032
4.    Global Flaxseed Oil Historical Market: Breakup by Type (USD Billion), 2018-2023
5.    Global Flaxseed Oil Market Forecast: Breakup by Type (USD Billion), 2024-2032
6.    Global Flaxseed Oil Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2023
7.    Global Flaxseed Oil Market Forecast: Breakup by Distribution Channel (USD Billion), 2024-2032
8.    Global Flaxseed Oil Historical Market: Breakup by Application (USD Billion), 2018-2023
9.    Global Flaxseed Oil Market Forecast: Breakup by Application (USD Billion), 2024-2032
10.    Global Flaxseed Oil Historical Market: Breakup by Region (USD Billion), 2018-2023
11.    Global Flaxseed Oil Market Forecast: Breakup by Region (USD Billion), 2024-2032
12.    North America Flaxseed Oil Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    North America Flaxseed Oil Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Europe Flaxseed Oil Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Europe Flaxseed Oil Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Asia Pacific Flaxseed Oil Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Asia Pacific Flaxseed Oil Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.    Latin America Flaxseed Oil Historical Market: Breakup by Country (USD Billion), 2018-2023.
19.    Latin America Flaxseed Oil Market Forecast: Breakup by Country (USD Billion), 2024-2032
20.    Middle East and Africa Flaxseed Oil Historical Market: Breakup by Country (USD Billion), 2018-2023
21.    Middle East and Africa Flaxseed Oil Market Forecast: Breakup by Country (USD Billion), 2024-2032
22.    Major Importing Countries by Volume (2020)
23.    Major Exporting Countries by Volume (2020)
24.    Major Importing Countries by Value (2020)
25.    Major Exporting Countries by Value (2020)
26.    North America Historical Price Trends and Forecast 2018-2028
27.    Europe Historical Price Trends and Forecast 2018-2028
28.    Asia Pacific Historical Price Trends and Forecast 2018-2028
29.    Latin America Historical Price Trends and Forecast 2018-2028
30.    Middle East and Africa Historical Price Trends and Forecast 2018-2028
31.    Global Flaxseed Oil Market Structure

Key Questions Answered in the Report

The market is projected to grow at a CAGR of 3% between 2024 and 2032.

The major drivers of the market, such as the rising disposable incomes, increasing population, increasing health awareness, rising demand for natural products, and rapid industrialisation, are expected to aid the market growth.

The key market trends guiding the growth of the market include the growing investments in research and development activities and the rising awareness about the medicinal benefits of flaxseed oil.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

he various natures of flaxseed oil include organic and conventional.

The significant flaxseed oil types in the market are raw, and boiled, among others.

The major distribution channels of flaxseed oil are supermarkets and hypermarkets, convenience stores, specialty store, and online, among others.

The major applications of flaxseed oil include cosmetics, food, pharmaceuticals, paints and varnish, and flooring, among others.

The key players in the global flaxseed oil market are Cargill, Incorporated, Archer Daniels Midland Company, Shape Foods Inc., Bartoline Limited, Natrol, LLC, and Pharmavite LLC, among others.

Analyst Review

The global flaxseed oil market is being driven by the rising health concern and the increasing consumer preference for plant-based products. Aided by the increasing investments in R&D activities, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 3%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on nature, the flaxseed oil market is broadly divided into organic and conventional. By type, the industry can be categorised into raw, and boiled, among others. On the basis of distribution channel, the industry can be segmented into supermarkets and hypermarkets, convenience stores, specialty store, and online, among others. Based on application, the industry is   divided into cosmetics, food, pharmaceuticals, paints and varnish, flooring, and others. The major regional markets for flaxseed oil are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Cargill, Incorporated, Archer Daniels Midland Company, Shape Foods Inc., Bartoline Limited, Natrol, LLC, and Pharmavite LLC, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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