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Global Flaxseed Oil Market: By Nature: Organic, Conventional; By Type: Raw, Boiled, Others; By Distribution Channel: Supermarkets and Hypermarkets, Convenience Stores, Others; By Application: Regional Analysis; Historical Market and Forecast (2016-2026); Competitive Landscape; Industry Events and Developments

Global Flaxseed Oil Market Outlook

The global flaxseed oil market is expected to grow at a CAGR of 3% in the forecast period of 2021-2026.

 

Global Flaxseed Oil Market

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Growing Utilisation of Flaxseed Oil in Cosmetics and Food Applications to Aid the Growth of the Global Market for Flaxseed Oil

The demand for flaxseed oil for cosmetics and food applications is expected to enhance significantly over the forecast period. This can be attributed to the growing awareness regarding the potential health benefits of flaxseed oil and its versatility. Flaxseed oil is used as a functional food ingredient and has been incorporated into baked foods, dairy products, muffins, dry pasta products, and meat products. Further, the oil can easily be swapped for other types of oil in salad dressings, margarines, dips, and sauces. Besides this, it can also be applied directly to skin to enhance its health and increase moisture content. Thus, these factors are expected to provide enhanced opportunities to the market in the forecast period.

 

North America to Significantly Contribute to the Growth of the Flaxseed Oil Industry

North America is one of the leading regions in the global market for flaxseed oil and is expected to account for a significant share in the industry over the forecast period. This can be attributed to the easy availability of flaxseed in the region, with Canada and the United States as one of the leading cultivators of flaxseed across the world, coupled with the rising popularity of flaxseed based products among health and beauty conscious consumers. Meanwhile, the Asia Pacific region is expected to witness high demand for the product in both cosmetics and industrial segments due to rapid urbanisation in countries like China and India.

 

Flaxseed Oil: Industry Definition and Segmentation

Flaxseed oil, also referred to as flax oil or linseed oil, is produced by pressing the dried, ripened seeds of the flax plant. It appears as a colourless to yellowish liquid. Flaxseed oil is a rich source of essential omega-3 fatty acid, particularly alpha-linolenic acid (ALA). Due to its many health benefits, it is used for various applications, ranging from food to skin care. Further, it also has various industrial uses, such as in paints, for manufacturing other industrial solvents, and others.

 

Global Flaxseed Oil Market By Application

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By nature, the market is bifurcated into:

  • Organic
  • Conventional

The different types of flaxseed oil available in the market are:

  • Raw
  • Boiled
  • Others

Based on distribution channel, the industry can be segmented into:

  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Specialty Store
  • Online
  • Others

On the basis of application, the industry can be divided into:

  • Cosmetics
  • Food
  • Pharmaceuticals
  • Paints and Varnish
  • Flooring
  • Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Flaxseed Oil Market By Region

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Increasing Health Awareness and the Rising demand for Natural Products to Boost the Demand for Flaxseed Oil

The flaxseed oil industry is being driven by the increasing health awareness among consumers and the rising preference for natural products. The demand for natural and healthy products is increasing at a rapid pace and this is pushing the food and cosmetic manufacturers to adopt flaxseed oil as an active ingredient in various products. Further, the growing urbanisation is expected to create enhanced demand for flaxseed oil for various industrial applications like in paints and varnish. Other factors like the escalating disposable incomes, increasing standards of living, and growing retail sector are also aiding the growth of the industry. Over the forecast period, the growing R&D activities on medicinal benefits of flaxseed oil is expected to significantly contribute to the industry growth.

 

Key Industry Players in the Global Flaxseed Oil Market

The report gives a detailed analysis of the following key players in the global flaxseed oil market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Cargill, Incorporated
  • Archer Daniels Midland Company
  • Shape Foods Inc.
  • Bartoline Limited
  • Natrol, LLC
  • Pharmavite LLC
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description
    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary
    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Flaxseed Oil Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Flaxseed Oil Historical Market (2016-2020) 
    8.3    Global Flaxseed Oil Market Forecast (2021-2026)
    8.4    Global Flaxseed Oil Market by Nature
        8.4.1    Organic 
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
        8.4.2    Conventional 
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
    8.5    Global Flaxseed Oil Market by Type
        8.5.1    Raw
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2016-2020)
            8.5.1.3    Forecast Trend (2021-2026)
        8.5.2    Boiled
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2016-2020)
            8.5.2.3    Forecast Trend (2021-2026)
        8.5.3    Others
    8.6    Global Flaxseed Oil Market by Distribution Channel
        8.6.1    Supermarkets and Hypermarkets
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2016-2020)
            8.6.1.3    Forecast Trend (2021-2026)
        8.6.2    Convenience Stores
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2016-2020)
            8.6.2.3    Forecast Trend (2021-2026)
        8.6.3    Specialty Store
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2016-2020)
            8.6.3.3    Forecast Trend (2021-2026)
        8.6.4    Online
            8.6.4.1    Market Share
            8.6.4.2    Historical Trend (2016-2020)
            8.6.4.3    Forecast Trend (2021-2026)
        8.6.5    Others
    8.7    Global Flaxseed Oil Market by Application
        8.7.1    Cosmetics
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2016-2020)
            8.7.1.3    Forecast Trend (2021-2026)
        8.7.2    Food
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2016-2020)
            8.7.2.3    Forecast Trend (2021-2026)
        8.7.3    Pharmaceuticals
            8.7.3.1    Market Share
            8.7.3.2    Historical Trend (2016-2020)
            8.7.3.3    Forecast Trend (2021-2026)
        8.7.4    Paints and Varnish
            8.7.4.1    Market Share
            8.7.4.2    Historical Trend (2016-2020)
            8.7.4.3    Forecast Trend (2021-2026)
        8.7.5    Flooring
            8.7.5.1    Market Share
            8.7.5.2    Historical Trend (2016-2020)
            8.7.5.3    Forecast Trend (2021-2026)
        8.7.6    Others
    8.8    Global Flaxseed Oil Market by Region
        8.8.1    Market Share
            8.8.1.1    North America
            8.8.1.2    Europe
            8.8.1.3    Asia Pacific
            8.8.1.4    Latin America
            8.8.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Trade Analysis (HS Code- 151519) 
    12.1    Major Importing Countries
        12.1.1    By Volume
        12.1.2    By Value
    12.2    Major Exporting Countries
        12.2.1    By Volume
        12.2.2    By Value
13    Price Analysis
    13.1    North America Historical Price Trends (2016-2020) and Forecast (2021-2026)
    13.2    Europe Historical Price Trends (2016-2020) and Forecast (2021-2026)
    13.3    Asia Pacific Historical Price Trends (2016-2020) and Forecast (2021-2026)
    13.4    Latin America Historical Price Trends (2016-2020) and Forecast (2021-2026)
    13.5    Middle East and Africa Historical Price Trends (2016-2020) and Forecast (2021-2026)
14    Manufacturing Process
    14.1    Overview
    14.2    Detailed Process Flow
    14.3    Operations Involved
15    Competitive Landscape
    15.1    Market Structure
    15.2    Company Profiles
        15.2.1    Cargill, Incorporated
            15.2.1.1    Company Overview
            15.2.1.2    Product Portfolio
            15.2.1.3    Demographic Reach and Achievements
            15.2.1.4    Certifications
        15.2.2    Archer Daniels Midland Company       
            15.2.2.1    Company Overview
            15.2.2.2    Product Portfolio
            15.2.2.3    Demographic Reach and Achievements
            15.2.2.4    Certifications
        15.2.3    Shape Foods Inc.
            15.2.3.1    Company Overview
            15.2.3.2    Product Portfolio
            15.2.3.3    Demographic Reach and Achievements
            15.2.3.4    Certifications
        15.2.4    Bartoline Limited
            15.2.4.1    Company Overview
            15.2.4.2    Product Portfolio
            15.2.4.3    Demographic Reach and Achievements
            15.2.4.4    Certifications
        15.2.5    Natrol, LLC
            15.2.5.1    Company Overview
            15.2.5.2    Product Portfolio
            15.2.5.3    Demographic Reach and Achievements
            15.2.5.4    Certifications
        15.2.6    Pharmavite LLC
            15.2.6.1    Company Overview
            15.2.6.2    Product Portfolio
            15.2.6.3    Demographic Reach and Achievements
            15.2.6.4    Certifications
        15.2.7    Others
16    Industry Events and Developments

 

Additional Customisations Available

1 Project Requirement and Cost Analysis
    1.1    Land, Location and Site Development
    1.2    Construction
    1.3    Plant Machinery
    1.4    Raw Material
    1.5    Packaging
    1.6    Transportation
    1.7    Utilities
    1.8    Manpower
    1.9    Other Capital Investment

 

List of Figures and Tables

1.    Global Flaxseed Oil Market: Key Industry Highlights, 2016 and 2026
2.    Global Flaxseed Oil Historical Market: Breakup by Nature (USD Billion), 2016-2020
3.    Global Flaxseed Oil Market Forecast: Breakup by Nature (USD Billion), 2021-2026
4.    Global Flaxseed Oil Historical Market: Breakup by Type (USD Billion), 2016-2020
5.    Global Flaxseed Oil Market Forecast: Breakup by Type (USD Billion), 2021-2026
6.    Global Flaxseed Oil Historical Market: Breakup by Distribution Channel (USD Billion), 2016-2020
7.    Global Flaxseed Oil Market Forecast: Breakup by Distribution Channel (USD Billion), 2021-2026
8.    Global Flaxseed Oil Historical Market: Breakup by Application (USD Billion), 2016-2020
9.    Global Flaxseed Oil Market Forecast: Breakup by Application (USD Billion), 2021-2026
10.    Global Flaxseed Oil Historical Market: Breakup by Region (USD Billion), 2016-2020
11.    Global Flaxseed Oil Market Forecast: Breakup by Region (USD Billion), 2021-2026
12.    North America Flaxseed Oil Historical Market: Breakup by Country (USD Billion), 2016-2020
13.    North America Flaxseed Oil Market Forecast: Breakup by Country (USD Billion), 2021-2026
14.    Europe Flaxseed Oil Historical Market: Breakup by Country (USD Billion), 2016-2020
15.    Europe Flaxseed Oil Market Forecast: Breakup by Country (USD Billion), 2021-2026
16.    Asia Pacific Flaxseed Oil Historical Market: Breakup by Country (USD Billion), 2016-2020
17.    Asia Pacific Flaxseed Oil Market Forecast: Breakup by Country (USD Billion), 2021-2026
18.    Latin America Flaxseed Oil Historical Market: Breakup by Country (USD Billion), 2016-2020.
19.    Latin America Flaxseed Oil Market Forecast: Breakup by Country (USD Billion), 2021-2026
20.    Middle East and Africa Flaxseed Oil Historical Market: Breakup by Country (USD Billion), 2016-2020
21.    Middle East and Africa Flaxseed Oil Market Forecast: Breakup by Country (USD Billion), 2021-2026
22.    Major Importing Countries by Volume (2020)
23.    Major Exporting Countries by Volume (2020)
24.    Major Importing Countries by Value (2020)
25.    Major Exporting Countries by Value (2020)
26.    North America Historical Price Trends and Forecast 2016-2026
27.    Europe Historical Price Trends and Forecast 2016-2026
28.    Asia Pacific Historical Price Trends and Forecast 2016-2026
29.    Latin America Historical Price Trends and Forecast 2016-2026
30.    Middle East and Africa Historical Price Trends and Forecast 2016-2026
31.    Global Flaxseed Oil Market Structure

Key Questions Answered in the Report

What is the growth rate of the market?

The market is projected to grow at a CAGR of 3% between 2021 and 2026.

What are the major industry drivers?

The major drivers of the industry, such as the rising disposable incomes, increasing population, increasing health awareness, rising demand for natural products, and rapid industrialisation, are expected to aid the market growth.

What are the key industry trends of the global flaxseed oil market?

The key market trends guiding the growth of the industry include the growing investments in research and development activities about the medicinal benefits of flaxseed oil.

What are the major regional markets of flaxseed oil, according to the EMR report?

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

How is the flaxseed oil industry divided based on nature?

The flaxseed oil industry is bifurcated into organic and conventional based on nature.

What are the significant types of flaxseed oil in the industry?

The major flaxseed oil types available in the market are raw, and boiled, among others.

What are the significant distribution channels of flaxseed oil?

The significant distribution channels of the product are supermarkets and hypermarkets, convenience stores, specialty store, and online, among others.

What are the major applications of flaxseed oil?

Cosmetics, food, pharmaceuticals, paints and varnish, and flooring, among others are the major applications of the product.

Who are the key industry players according to the report?

The major players in the industry are Cargill, Incorporated, Archer Daniels Midland Company, Shape Foods Inc., Bartoline Limited, Natrol, LLC, Pharmavite LLC, and others.

Analyst Review

The global flaxseed oil market is being driven by the rising health concern and the increasing consumer preference for plant-based products. Aided by the increasing investments in R&D activities, the market is expected to witness a further growth in the forecast period of 2021-2026, growing at a CAGR of 3%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on nature, the flaxseed oil market is broadly divided into organic and conventional. By type, the industry can be categorised into raw, and boiled, among others. On the basis of distribution channel, the industry can be segmented into supermarkets and hypermarkets, convenience stores, specialty store, and online, among others. Based on application, the industry is   divided into cosmetics, food, pharmaceuticals, paints and varnish, flooring, and others. The major regional markets for flaxseed oil are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Cargill, Incorporated, Archer Daniels Midland Company, Shape Foods Inc., Bartoline Limited, Natrol, LLC, and Pharmavite LLC, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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