Market Overview:
The global flaxseed extract market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for flaxseed extract in the pharmaceutical and functional food industries. North America is expected to dominate the global flaxseed extract market, followed by Europe and Asia Pacific. The Middle East & Africa region is projected to grow at the highest CAGR during the forecast period.
Product Definition:
Flaxseed extract is an oil made from flaxseeds. It is used as a dietary supplement and as a source of fatty acids.
Food Grade Flaxseed Extract:
Flaxseed is the seed of the flax plant, which is a member of the same family as hemp. Flaxseed contains lignans and omega-3 fatty acids. The extraction process for producing food-grade flaxseed extract includes washing, crushing, extracting in oil and then filtration. It’s used as an egg alternative in foods like breads and muffins on account of its high protein content (14%) along with low cholesterol levels (7%).
Pharmaceutical Grade Flaxseed Extract:
Pharmaceutical grade flaxseed extract is a food-grade material that contains high levels of linolenic acid. It is used as an omega 3 fatty acid supplement and has several medical applications such as reducing blood pressure, cholesterol level, and inflammation. Flaxseed oil can be extracted from the seed by cold pressing or via hexane extraction process which takes place in the dark at a temperature of 70 degrees Celsius for about 12 hours.
Application Insights:
The functional food segment held the largest share of the global flaxseed extract market in 2017. Flaxseed is a rich source of lignans and linolenic acid, which have antioxidant properties. It also has excellent nutritional value and can be used as a functional ingredient in various food products owing to its high content of fiber, proteins, vitamins and minerals.
Functional foods are widely consumed in developed countries including U.S., Canada, Germany, UK & France on account of growing awareness regarding health benefits associated with these ingredients. Rising demand for energy drinks & sports nutrition supplements is expected to drive the growth over the forecast period since these beverages are considered to provide essential nutrients necessary for body functions without causing any side effects or health hazards related to excessive consumption among other factors driving industry expansion over next eight years ¢â‚¬Å“to 2030¢â‚¬ (PF).
Regional Analysis:
North America was the largest market for global flaxseed extract, accounting for a share of more than 30.0% in 2017. Growing demand from countries such as U.S., Canada and Mexico is expected to drive the regional product demand over the forecast period.
Asia Pacific accounted for a revenue share of nearly 24% in 2017 owing to increasing consumption levels of dietary supplements and functional food & beverages among middle-class income groups especially in China, India, Indonesia and Malaysia which are also major producers of flaxseeds globally (excluding seed production).
Growth Factors:
- Increasing demand for natural ingredients in food and beverage products
- Rising awareness about the health benefits of flaxseed extract
- Growing popularity of plant-based diets and dietary supplements
- Proliferation of online retail channels that offer flaxseed extract products
- Expanding applications for flaxseed extract in cosmetics, nutraceuticals, and other industries
Scope Of The Report
Report Attributes
Report Details
Report Title
Flaxseed Extract Market Research Report
By Type
Food Grade Flaxseed Extract, Pharmaceutical Grade Flaxseed Extract
By Application
Pharmaceutical, Functional Food, Beverages
By Companies
BioGin, Wincobel, Risun bio-tech, Rainbow Biotech, Pincredit Bio-tech, BioGin
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
176
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Flaxseed Extract Market Report Segments:
The global Flaxseed Extract market is segmented on the basis of:
Types
Food Grade Flaxseed Extract, Pharmaceutical Grade Flaxseed Extract
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
Pharmaceutical, Functional Food, Beverages
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:
- BioGin
- Wincobel
- Risun bio-tech
- Rainbow Biotech
- Pincredit Bio-tech
- BioGin
Highlights of The Flaxseed Extract 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:
- Food Grade Flaxseed Extract
- Pharmaceutical Grade Flaxseed Extract
- By Application:
- Pharmaceutical
- Functional Food
- Beverages
- 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 Flaxseed Extract 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?
Flaxseed extract is a dietary supplement that is derived from the ground seeds of the flax plant. It contains high levels of fiber and other nutrients, including antioxidants.
Some of the major companies in the flaxseed extract market are BioGin, Wincobel, Risun bio-tech, Rainbow Biotech, Pincredit Bio-tech, BioGin.
The flaxseed extract market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Flaxseed Extract 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 Flaxseed Extract Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Flaxseed Extract 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 Flaxseed Extract 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 Flaxseed Extract Market Size & Forecast, 2020-2028
4.5.1 Flaxseed Extract Market Size and Y-o-Y Growth
4.5.2 Flaxseed Extract 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 Food Grade Flaxseed Extract
5.2.2 Pharmaceutical Grade Flaxseed Extract
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 Pharmaceutical
6.2.2 Functional Food
6.2.3 Beverages
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Flaxseed Extract 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 Flaxseed Extract 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 Food Grade Flaxseed Extract
9.6.2 Pharmaceutical Grade Flaxseed Extract
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 Pharmaceutical
9.10.2 Functional Food
9.10.3 Beverages
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 Food Grade Flaxseed Extract
10.6.2 Pharmaceutical Grade Flaxseed Extract
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 Pharmaceutical
10.10.2 Functional Food
10.10.3 Beverages
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 Food Grade Flaxseed Extract
11.6.2 Pharmaceutical Grade Flaxseed Extract
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 Pharmaceutical
11.10.2 Functional Food
11.10.3 Beverages
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 Food Grade Flaxseed Extract
12.6.2 Pharmaceutical Grade Flaxseed Extract
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 Pharmaceutical
12.10.2 Functional Food
12.10.3 Beverages
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 Food Grade Flaxseed Extract
13.6.2 Pharmaceutical Grade Flaxseed Extract
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 Pharmaceutical
13.10.2 Functional Food
13.10.3 Beverages
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 Flaxseed Extract Market: Competitive Dashboard
14.2 Global Flaxseed Extract Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BioGin
14.3.2 Wincobel
14.3.3 Risun bio-tech
14.3.4 Rainbow Biotech
14.3.5 Pincredit Bio-tech
14.3.6 BioGin
