Market Overview:
The global food grade flaxseed oils market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for healthy and nutritious foods, rising awareness about the health benefits of flaxseed oil, and growing popularity of plant-based diets. The global food grade flaxseed oils market is segmented on the basis of type into cow ghee and sheep ghee. Cow ghee is expected to account for a larger share in terms of revenue in the global food grade flaxseed oils market than sheep ghee during the forecast period. This can be attributed to its high nutritional value as well as its widespread use in various cuisines across different regions. On the basis of application, fried foods are expected to account for a larger share in terms of revenue in the global food grade flaxseed oils market than other applications duringthe forecast period. This can be attributedto their growing popularity among consumers owing top their taste and convenience factor.
Product Definition:
Food grade flaxseed oil is a vegetable oil that has been extracted from the flax plant. It is used in cooking and as an ingredient in various foods and supplements.
Cow Ghee:
Ghee is an Indian cooking medium, which isclosetomers of butter and oil. It has a higher smoke point than regular butter (around 400F) andhas a distinct nutty flavor due to the presence of natural oils in it. Ghee contains vitamins A & E & K, selenium, calcium pantothenate, potassium & magnesium along with other proteins and healthy fats.
Sheep Ghee:
Sheep Ghee is a type of dairy fat that is obtained from sheep and goats. It has high nutritional value as compared to other types of dairy fats. The main components in sheep ghee which have positive effects on human health are omega 6 & 3 fatty acids, antioxidants, vitamins A & E and low level of cholesterol.
Application Insights:
Bakery and confectionery was the largest application segment in 2017, accounting for over 30.0% share of the global volume. Flaxseed oil is used as a bakery ingredient to improve texture, enhance shelf life and reduce costs when compared with butter or margarine. Moreover, it acts as a natural antioxidant, which enhances product quality when added in high concentrations (over 2%). These factors are likely to drive demand from bakery products over the forecast period.
Candy was the second largest application segment owing to increasing use of flaxseed oil in manufacturing chocolates and caramels due to its superior taste characteristics and low cost compared with other edible fats commonly used worldwide such as palm oil or soybean fat.
Regional Analysis:
North America emerged as the largest regional market in 2017. Growing demand for healthy food products along with rising awareness regarding nutritional diet among consumers is expected to drive the product demand over the forecast period. In addition, growing consumption of baked goods and snacks on account of changing lifestyles will augment industry growth over the next eight years.
Asia Pacific is anticipated to be one of the fastest-growing regions owing to increasing disposable income levels.
Growth Factors:
- Increasing demand for plant-based proteins and healthy fats in the food industry
- Rising awareness about the health benefits of flaxseed oil among consumers
- Growing popularity of vegan and vegetarian diets
- Increasing use of flaxseed oil in functional foods and dietary supplements
- Technological advancements that have made production of flaxseed oil more efficient
Scope Of The Report
Report Attributes
Report Details
Report Title
Food Grade Flax Seed Oils Market Research Report
By Type
Cow Ghee, Sheep Ghee
By Application
Candy, Baked Goods, Fried, Others
By Companies
Amul, Saras, Bhole Baba, Verka
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
187
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.
Global Food Grade Flax Seed Oils Market Report Segments:
The global Food Grade Flax Seed Oils market is segmented on the basis of:
Types
Cow Ghee, Sheep Ghee
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
Candy, Baked Goods, Fried, 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:
- Amul
- Saras
- Bhole Baba
- Verka
Highlights of The Food Grade Flax Seed Oils 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:
- Cow Ghee
- Sheep Ghee
- By Application:
- Candy
- Baked Goods
- Fried
- 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 Food Grade Flax Seed Oils 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 grade flaxseed oils are those that have been processed to remove any harmful chemicals and contaminants. These oils are typically cold-pressed from the seeds, which means they retain more of the plant's nutrients and antioxidants.
Some of the major companies in the food grade flax seed oils market are Amul, Saras, Bhole Baba, Verka.
The food grade flax seed oils market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Food Grade Flax Seed Oils 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 Grade Flax Seed Oils Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Food Grade Flax Seed Oils 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 Grade Flax Seed Oils 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 Grade Flax Seed Oils Market Size & Forecast, 2020-2028
4.5.1 Food Grade Flax Seed Oils Market Size and Y-o-Y Growth
4.5.2 Food Grade Flax Seed Oils 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 Cow Ghee
5.2.2 Sheep Ghee
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 Candy
6.2.2 Baked Goods
6.2.3 Fried
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Food Grade Flax Seed Oils 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 Grade Flax Seed Oils 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 Cow Ghee
9.6.2 Sheep Ghee
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 Candy
9.10.2 Baked Goods
9.10.3 Fried
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 Cow Ghee
10.6.2 Sheep Ghee
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 Candy
10.10.2 Baked Goods
10.10.3 Fried
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 Cow Ghee
11.6.2 Sheep Ghee
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 Candy
11.10.2 Baked Goods
11.10.3 Fried
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 Cow Ghee
12.6.2 Sheep Ghee
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 Candy
12.10.2 Baked Goods
12.10.3 Fried
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 Cow Ghee
13.6.2 Sheep Ghee
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 Candy
13.10.2 Baked Goods
13.10.3 Fried
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 Food Grade Flax Seed Oils Market: Competitive Dashboard
14.2 Global Food Grade Flax Seed Oils Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Amul
14.3.2 Saras
14.3.3 Bhole Baba
14.3.4 Verka
