Market Overview:
The global flax products market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for flaxseed oil and its derivatives in food applications, increasing awareness about the health benefits of flaxseed and its derivatives, and growing demand for natural fibers in textile applications. However, fluctuations in prices of raw materials used in the production of flax products may restrain the growth of this market during the forecast period. On the basis of type,the global flax products market is segmented intoflaxseeds,nuts,and crops for oil. Flaxseeds are projected to bethe fastest-growing segmentduringthe forecastperiod owingto their highnutritional valueand multiple usesin variousapplications such asfoods,animal feed,textiles,and others.
Product Definition:
Flax is a plant that is related to the mustard family. The flax plant produces a fibrous material that can be used to make linen. Linen is a strong, durable fabric that can be used for clothing, bedding, and other purposes.
Flax Seeds:
Flax seeds or linseed are the fruits of the flax plant, and they contain essential oils, minerals, vitamins and proteins. Flax seeds have a low glycemic index (GI) because they do not get digested in the upper gastrointestinal tract.
The GI of flaxseed is around 20-25 which makes it less likely to cause a rapid rise in blood sugar levels after meals.
Nuts:
Nuts and it’s usage in flax products market is expected to witness significant growth over the forecast period. Flaxseed contains essential fatty acids, omega-3, and protein which helps to reduce cholesterol levels. It also helps in controlling blood pressure as well as arthritis problems owing to its high content of lignans. Flaxseed oil can be consumed directly or used in various food products like bakery items, salad dressings etc.
Application Insights:
Food application was the largest segment in 2016 and is projected to witness significant growth over the forecast period. Linseed products are used as a source of nutrition for animals including poultry, cattle, horses and dogs. Flaxseed meal is also consumed as food for humans owing to its low calorie content and rich nutritional profile. In addition, growing awareness regarding benefits of flaxseed consumption such as maintaining heart health along with controlling cholesterol levels is expected to boost demand over the next eight years.
In textile industry, linolenic acid (LNA) found in flaxseed plays an important role in imparting smoothness to fabrics during manufacturing process known as finishing.
Regional Analysis:
North America was the second-largest market for global flax products, accounting for a share of over 15.0% in 2017. The region is expected to witness growth on account of increasing consumption of nutraceuticals and food products from the U.S., Canada, and Mexico.
The Asia Pacific accounted for a major share in terms of production as well as consumption owing to presence of large cultivable land area with high moisture content and ideal temperature conditions suitable for flax cultivation across China, India, Japan (excluding Hokkaido), South Korea (Hwangho), Myanmar (Burma) Indonesia (Java) Thailand among other countries.
Growth Factors:
- Increasing demand for healthy and organic food products is expected to drive the growth of flax products market over the forecast period.
- Rising awareness about the health benefits associated with flax products is anticipated to fuel demand for these products in the coming years.
- Growing popularity of plant-based diets is projected to boost sales of flaxseed-based food items in the near future.
- Increasing disposable income of consumers coupled with changing lifestyle trends are likely to propel growth of this market in forthcoming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Flax Products Market Research Report
By Type
Flax Seeds, Nuts, Crops for Oil
By Application
Food, Animal Feed, Textile, Others
By Companies
Healthy Food Ingredients (HFI), Shape Foods, Adora Flax seed Company, Prairie Flax Products, Healthy Food Ingredients (HFI)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
184
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global Flax Products Market Report Segments:
The global Flax Products market is segmented on the basis of:
Types
Flax Seeds, Nuts, Crops for Oil
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food, Animal Feed, Textile, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Healthy Food Ingredients (HFI)
- Shape Foods
- Adora Flax seed Company
- Prairie Flax Products
- Healthy Food Ingredients (HFI)
Highlights of The Flax Products Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Flax Seeds
- Nuts
- Crops for Oil
- By Application:
- Food
- Animal Feed
- Textile
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Flax Products Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Flax products are made from the flax plant, which is a type of grass. The flax plant is grown and harvested to make the fiber that is used in products like linen, paper, and oil.
Some of the major players in the flax products market are Healthy Food Ingredients (HFI), Shape Foods, Adora Flax seed Company, Prairie Flax Products, Healthy Food Ingredients (HFI).
The flax products market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Flax Products Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Flax Products Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Flax Products Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Flax Products Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Flax Products Market Size & Forecast, 2020-2028
4.5.1 Flax Products Market Size and Y-o-Y Growth
4.5.2 Flax Products Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Flax Seeds
5.2.2 Nuts
5.2.3 Crops for Oil
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Food
6.2.2 Animal Feed
6.2.3 Textile
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Flax Products Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Flax Products Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Flax Seeds
9.6.2 Nuts
9.6.3 Crops for Oil
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Food
9.10.2 Animal Feed
9.10.3 Textile
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Flax Seeds
10.6.2 Nuts
10.6.3 Crops for Oil
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Food
10.10.2 Animal Feed
10.10.3 Textile
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Flax Seeds
11.6.2 Nuts
11.6.3 Crops for Oil
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Food
11.10.2 Animal Feed
11.10.3 Textile
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Flax Seeds
12.6.2 Nuts
12.6.3 Crops for Oil
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Food
12.10.2 Animal Feed
12.10.3 Textile
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Flax Seeds
13.6.2 Nuts
13.6.3 Crops for Oil
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Food
13.10.2 Animal Feed
13.10.3 Textile
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Flax Products Market: Competitive Dashboard
14.2 Global Flax Products Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Healthy Food Ingredients (HFI)
14.3.2 Shape Foods
14.3.3 Adora Flax seed Company
14.3.4 Prairie Flax Products
14.3.5 Healthy Food Ingredients (HFI)
