Global Flax Seeds Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

Global Flax Seeds Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

Flaxseeds are mostly grown in cooler regions like Canada, Russia, and upper Midwestern US. Flaxseeds are used in both whole and ground forms. They are also popular as feed for pets, horses, dairy animals, and poultry.

Market Overview:

The latest research study on the global Flax Seeds market finds that the global Flax Seeds market reached a value of USD 1263.7 million in 2023. It’s expected that the market will achieve USD 1898.15 million by 2029, exhibiting a CAGR of 7.02% during the forecast period.

May 23, 2023

Over the past month, Cargill has made a series of announcements detailing the investments it is making in the U.S. Pacific Northwest, Australia, and Brazil to expand and enhance its grains, oilseed, and feed business.

The company’s most recent disclosure outlines its plans to build a new animal feed facility in Granger, Washington, that will have a sole focus on producing feed for current and potential retail locations in the region, explaining, “The trend for ranching and farming, especially rural lifestyle farming, is not showing any signs of slowing down.”

To be located at the same site as Cargill’s bulk dairy feed mill, this new stand-alone facility will include pellet mills, packaging lines, an extensive warehouse, office space, break rooms and locker rooms for employees, and when completed in the fall of 2024, will have a production capacity of 125,000 tons of feed per year to be sold under Cargill’s Nutrena brand.

The new Granger retail feed facility expands the existing retail feed footprint, enabling Cargill to better service retail customers and their farm and ranch customers in the Pacific Northwestern region.

With the improvement of the living standards of the Chinese people and the deepening of scientific research, the health care function of linseed oil has attracted more and more attention. People's demand for edible oil not only requires eating safe, but also eating nutrients and eating. Get healthy. As a result, the demand for high-end premium edible oils continues to grow. Taking linseed oil as an example, domestic linseed oil is far from meeting the needs of the consumer market and needs to be imported to meet the market's consumer demand.

Flax Seeds sometimes consumed in excess can cause many side effects. These are basically gastrointestinal side effects that can cause increased bowel movements, stomach problems, nausea, abdominal pain, diarrhea, and constipation. Flax seeds should be consumed in small amounts and plenty of water should be drank to avoid any side effects. In some cases, it can also block the intestines. This laxative effect may occur due to the formation of large amounts of lignin chemicals in the body. Sometimes, raw or unripe flaxseed can be toxic to those who eat it. The side effects of Flax Seeds limit the development and growth of the Flax Seeds market.

Region Overview:

In 2022, the share of the Flax Seeds market in North America stood at 22.45%.

Europe dominated the Flax Seeds market in 2022, with a market share of 36.63%.

Company Overview:

Cargill is one of the major players operating in the Flax Seeds market, holding a share of 1.12% in 2023.

Johnson Seeds, Archer Daniels Midland, Scoular, Glanbia and CanMar Grain Products are the five key players in the global Flax Seeds market. These companies have shown consistent growth in revenue, larger volumes of sales and a prominent presence in terms of share in the global Flax Seeds market in the past 5 years.

Segmentation Overview:

By type, Golden flax seed segment accounted for the largest share of market in 2022.
Among different product types, Golden flax seed segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Food and beverages segment occupied the biggest share from 2018 to 2022.

The market's largest segment by application is the segment Food and beverages, with a market share of 71.43% in 2022.

Key Companies in the global Flax Seeds market covered in Chapter 3:

Vandaele Seeds Ltd
Bioriginal Food & Science Corporation
CanMar Grain Products
Bobs Red Mill
Prairie Flax Products Inc.
Glanbia
Nature's Path
Healthy Food Ingredients
Spectrum Organics
Zeghers
Grain Millers
Premium Gold Flax Products Inc.
Cargill
Healthy Oilseed
Pizzeys
Scoular
COFCO Corporation
AgMotion
TA Foods Ltd.
Yihai Kerry
Archer Daniels Midland
Linwoods Health Foods
Johnson Seeds

In Chapter 4 and Chapter 14.2, on the basis of types, the Flax Seeds market from 2019 to 2030 is primarily split into:

Golden flax seed
Brown flax seed
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Flax Seeds market from 2019 to 2030 covers:

Animal feed
Pet food
Food and beverages
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2019-2030) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)