Market Overview:
The global flaxseed oil market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising awareness about the health benefits of flaxseed oil, increasing demand for organic food products, and growing trend of veganism and vegetarianism. In terms of type, the organic flaxseed oil segment is expected to grow at a higher CAGR than the inorganic flaxseed oil segment during the forecast period. This can be attributed to increasing consumer preference for organic food products due to their perceived health benefits over inorganic food products. In terms of application, online sales are projected to grow at a higher CAGR than offline sales during the forecast period. This can be attributed to rising penetration of internet and smartphones across regions, which has led consumers shift towards buying goods and services online.
Product Definition:
Food Flaxseed Oil is a plant-based oil that is high in omega-3 fatty acids. It has a nutty flavor and can be used in cooking or added to smoothies. Food Flaxseed Oil is important because it provides essential fatty acids that are beneficial for the body.
Organic Flaxseed Oil:
Organic flaxseed oil is a rich source of omega-3 fatty acids and antioxidants. It helps in reducing the risk of heart diseases, cancer, arthritis and diabetes. Flaxseed oil also acts as an anti-inflammatory agent that reduces pain caused by inflammatory processes. The product contains alpha-linolenic acid (ALA), eicosapentaenoic acid (EPA) and docosahexaenoic acid (DHA).
Inorganic Flaxseed Oil:
Inorganic flaxseed oil is a product made from the seeds of flax plant and it contains very low levels of omega-3 fatty acids. The chemical composition of this type is almost similar to that of human skin, which makes it an excellent ingredient for use in skincare products. It also helps in reducing inflammation and cholesterol level in the body, as well as protects against cancer.
Application Insights:
Offline application accounted for the largest revenue share of over 70.0% in 2017 and is expected to continue its dominance over the forecast period. Flaxseed oil is widely used in manufacturing foods & beverages that are sold offline owing to its high shelf life compared with online sales, which helps retailers reduce inventory costs and increase margins.
Food processors use flaxseed oil as it has a low melting point, which makes it suitable for manufacturing frozen products such as ice creams, cakes & pastries and sauces & dressings. The growing e-commerce industry has also helped food processing companies expand their business by offering wider distribution channels at lower costs through Online Retailing (OR). Companies operating in this sector have recognized the potential of flaxseed oil market and are increasingly using it to manufacture healthy snacks that can be sold through online or offline channels across the globe due to their high nutritional value along with taste improvements.
Regional Analysis:
North America emerged as the largest regional market in 2017. The region will retain its dominant position throughout the forecast years on account of rising awareness regarding health, fitness, and nutrition among people. Moreover, growing demand for plant-based omega 3 supplements is expected to drive industry growth over the coming years.
Asia Pacific is anticipated to be one of the fastest-growing markets at a CAGR of XX% from 2018 to 2030 owing to increasing product consumption in countries such as China and India owing to changing consumer lifestyle along with rising disposable income levels. Furthermore, growing production facilities coupled with increasing exports from developed economies such as U.S.
The European market was valued at USD X million in 2017.
Growth Factors:
- Increasing demand for healthy and nutritious food products is driving the growth of the food flaxseed oil market.
- Rising awareness about the health benefits of flaxseed oil is another key factor propelling the growth of this market.
- The increasing popularity of plant-based diets is also fueling demand for food flaxseed oil products.
- Growing use of flaxseed oil in functional foods and beverages is another major trend boosting this market’s growth prospects.
Scope Of The Report
Report Attributes
Report Details
Report Title
Food Flaxseed Oil Market Research Report
By Type
Organic Flaxseed Oil, Inorganic Flaxseed Oil
By Application
Online, Offline
By Companies
Hongjingyuan, Shape Foods, Fueder, ADM, Blackmores, GNC, Meng Gu Xiang, Nature’s Bounty, Henry Lamotte Oils, Wonderful, Luyuan, Nature’s Way Products, Spectrum, Krishi Oils, Gustav Heess, Pharmavite, Jamieson, Sundown Naturals, Ningxia Yousufu Qingzhen Food Co.,Ltd, Zonghoo
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
138
Number of Tables & Figures
97
Customization Available
Yes, the report can be customized as per your need.
Global Food Flaxseed Oil Market Report Segments:
The global Food Flaxseed Oil market is segmented on the basis of:
Types
Organic Flaxseed Oil, Inorganic Flaxseed 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
Online, Offline
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:
- Hongjingyuan
- Shape Foods
- Fueder
- ADM
- Blackmores
- GNC
- Meng Gu Xiang
- Nature’s Bounty
- Henry Lamotte Oils
- Wonderful
- Luyuan
- Nature’s Way Products
- Spectrum
- Krishi Oils
- Gustav Heess
- Pharmavite
- Jamieson
- Sundown Naturals
- Ningxia Yousufu Qingzhen Food Co.,Ltd
- Zonghoo
Highlights of The Food Flaxseed Oil 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:
- Organic Flaxseed Oil
- Inorganic Flaxseed Oil
- By Application:
- Online
- Offline
- 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 Food Flaxseed Oil 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?
Food flaxseed oil is a type of vegetable oil that is derived from the seeds of the flax plant. It is a high-quality source of omega-3 fatty acids, which are important for maintaining heart health and preventing chronic diseases.
Some of the major players in the food flaxseed oil market are Hongjingyuan, Shape Foods, Fueder, ADM, Blackmores, GNC, Meng Gu Xiang, Nature’s Bounty, Henry Lamotte Oils, Wonderful, Luyuan, Nature’s Way Products, Spectrum, Krishi Oils, Gustav Heess, Pharmavite, Jamieson, Sundown Naturals, Ningxia Yousufu Qingzhen Food Co.,Ltd, Zonghoo.
The food flaxseed oil market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Food Flaxseed Oil 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 Food Flaxseed Oil Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Food Flaxseed Oil 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 Food Flaxseed Oil 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 Food Flaxseed Oil Market Size & Forecast, 2018-2028
4.5.1 Food Flaxseed Oil Market Size and Y-o-Y Growth
4.5.2 Food Flaxseed Oil Market Absolute $ Opportunity
Chapter 5 Global Food Flaxseed Oil 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 Food Flaxseed Oil Market Size Forecast by Type
5.2.1 Organic Flaxseed Oil
5.2.2 Inorganic Flaxseed Oil
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Food Flaxseed Oil 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 Food Flaxseed Oil Market Size Forecast by Applications
6.2.1 Online
6.2.2 Offline
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Food Flaxseed Oil 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 Food Flaxseed Oil 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 Food Flaxseed Oil Analysis and Forecast
9.1 Introduction
9.2 North America Food Flaxseed Oil 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 Food Flaxseed Oil Market Size Forecast by Type
9.6.1 Organic Flaxseed Oil
9.6.2 Inorganic Flaxseed 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 Food Flaxseed Oil Market Size Forecast by Applications
9.10.1 Online
9.10.2 Offline
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 Food Flaxseed Oil Analysis and Forecast
10.1 Introduction
10.2 Europe Food Flaxseed Oil 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 Food Flaxseed Oil Market Size Forecast by Type
10.6.1 Organic Flaxseed Oil
10.6.2 Inorganic Flaxseed 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 Food Flaxseed Oil Market Size Forecast by Applications
10.10.1 Online
10.10.2 Offline
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 Food Flaxseed Oil Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Food Flaxseed Oil 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 Food Flaxseed Oil Market Size Forecast by Type
11.6.1 Organic Flaxseed Oil
11.6.2 Inorganic Flaxseed 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 Food Flaxseed Oil Market Size Forecast by Applications
11.10.1 Online
11.10.2 Offline
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 Food Flaxseed Oil Analysis and Forecast
12.1 Introduction
12.2 Latin America Food Flaxseed Oil 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 Food Flaxseed Oil Market Size Forecast by Type
12.6.1 Organic Flaxseed Oil
12.6.2 Inorganic Flaxseed 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 Food Flaxseed Oil Market Size Forecast by Applications
12.10.1 Online
12.10.2 Offline
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) Food Flaxseed Oil Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Food Flaxseed Oil 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) Food Flaxseed Oil Market Size Forecast by Type
13.6.1 Organic Flaxseed Oil
13.6.2 Inorganic Flaxseed 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) Food Flaxseed Oil Market Size Forecast by Applications
13.10.1 Online
13.10.2 Offline
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 Food Flaxseed Oil Market: Competitive Dashboard
14.2 Global Food Flaxseed Oil Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hongjingyuan
14.3.2 Shape Foods
14.3.3 Fueder
14.3.4 ADM
14.3.5 Blackmores
14.3.6 GNC
14.3.7 Meng Gu Xiang
14.3.8 Nature’s Bounty
14.3.9 Henry Lamotte Oils
14.3.10 Wonderful
14.3.11 Luyuan
14.3.12 Nature’s Way Products
14.3.13 Spectrum
14.3.14 Krishi Oils
14.3.15 Gustav Heess
14.3.16 Pharmavite
14.3.17 Jamieson
14.3.18 Sundown Naturals
14.3.19 Ningxia Yousufu Qingzhen Food Co.,Ltd
14.3.20 Zonghoo
