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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, Specialty Store, Online, Others; By Application: Regional Analysis; Historical Market and Forecast (2017-2027); 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 2022-2027.
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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: Market 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.
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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.
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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 market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2020 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Nature, Type, Distribution Channel, Application, Region |
| Breakup by Nature | Organic, Conventional |
| Breakup by Type | Raw, Boiled, Others |
| Breakup by Distribution Channel | Supermarkets and Hypermarkets, Convenience Stores, Specialty Store, Online, Others |
| Breakup by Application | Cosmetics, Food, Pharmaceuticals, Paints and Varnish, Flooring, Others |
| Breakup by Region | North America, Latin America, Europe, Middle East and Africa, Asia Pacific |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Trade Data Analysis | Major Importing Countries by Value and Volume, Major Exporting Countries by Value and Volume |
| Price Analysis | Historical and Forecast Price Trends- Regional |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Cargill, Incorporated, Archer Daniels Midland Company, Shape Foods Inc., Bartoline Limited, Natrol, LLC, Pharmavite LLC, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*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 (2017-2021)
8.3 Global Flaxseed Oil Market Forecast (2022-2027)
8.4 Global Flaxseed Oil Market by Nature
8.4.1 Organic
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 Conventional
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.5 Global Flaxseed Oil Market by Type
8.5.1 Raw
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 Boiled
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
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 (2017-2021)
8.6.1.3 Forecast Trend (2022-2027)
8.6.2 Convenience Stores
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2017-2021)
8.6.2.3 Forecast Trend (2022-2027)
8.6.3 Specialty Store
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2017-2021)
8.6.3.3 Forecast Trend (2022-2027)
8.6.4 Online
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2017-2021)
8.6.4.3 Forecast Trend (2022-2027)
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 (2017-2021)
8.7.1.3 Forecast Trend (2022-2027)
8.7.2 Food
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2017-2021)
8.7.2.3 Forecast Trend (2022-2027)
8.7.3 Pharmaceuticals
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2017-2021)
8.7.3.3 Forecast Trend (2022-2027)
8.7.4 Paints and Varnish
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2017-2021)
8.7.4.3 Forecast Trend (2022-2027)
8.7.5 Flooring
8.7.5.1 Market Share
8.7.5.2 Historical Trend (2017-2021)
8.7.5.3 Forecast Trend (2022-2027)
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 (2017-2021)
9.1.2 Forecast Trend (2022-2027)
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 (2017-2021)
9.2.2 Forecast Trend (2022-2027)
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 (2017-2021)
9.3.2 Forecast Trend (2022-2027)
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 (2017-2021)
9.4.2 Forecast Trend (2022-2027)
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 (2017-2021)
9.5.2 Forecast Trend (2022-2027)
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 Key Indicators for Demand
10.4 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 (2017-2021) and Forecast (2022-2027)
13.2 Europe Historical Price Trends (2017-2021) and Forecast (2022-2027)
13.3 Asia Pacific Historical Price Trends (2017-2021) and Forecast (2022-2027)
13.4 Latin America Historical Price Trends (2017-2021) and Forecast (2022-2027)
13.5 Middle East and Africa Historical Price Trends (2017-2021) and Forecast (2022-2027)
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 Key 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), 2017-2021
3. Global Flaxseed Oil Market Forecast: Breakup by Nature (USD Billion), 2022-2027
4. Global Flaxseed Oil Historical Market: Breakup by Type (USD Billion), 2017-2021
5. Global Flaxseed Oil Market Forecast: Breakup by Type (USD Billion), 2022-2027
6. Global Flaxseed Oil Historical Market: Breakup by Distribution Channel (USD Billion), 2017-2021
7. Global Flaxseed Oil Market Forecast: Breakup by Distribution Channel (USD Billion), 2022-2027
8. Global Flaxseed Oil Historical Market: Breakup by Application (USD Billion), 2017-2021
9. Global Flaxseed Oil Market Forecast: Breakup by Application (USD Billion), 2022-2027
10. Global Flaxseed Oil Historical Market: Breakup by Region (USD Billion), 2017-2021
11. Global Flaxseed Oil Market Forecast: Breakup by Region (USD Billion), 2022-2027
12. North America Flaxseed Oil Historical Market: Breakup by Country (USD Billion), 2017-2021
13. North America Flaxseed Oil Market Forecast: Breakup by Country (USD Billion), 2022-2027
14. Europe Flaxseed Oil Historical Market: Breakup by Country (USD Billion), 2017-2021
15. Europe Flaxseed Oil Market Forecast: Breakup by Country (USD Billion), 2022-2027
16. Asia Pacific Flaxseed Oil Historical Market: Breakup by Country (USD Billion), 2017-2021
17. Asia Pacific Flaxseed Oil Market Forecast: Breakup by Country (USD Billion), 2022-2027
18. Latin America Flaxseed Oil Historical Market: Breakup by Country (USD Billion), 2017-2021.
19. Latin America Flaxseed Oil Market Forecast: Breakup by Country (USD Billion), 2022-2027
20. Middle East and Africa Flaxseed Oil Historical Market: Breakup by Country (USD Billion), 2017-2021
21. Middle East and Africa Flaxseed Oil Market Forecast: Breakup by Country (USD Billion), 2022-2027
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 2017-2027
27. Europe Historical Price Trends and Forecast 2017-2027
28. Asia Pacific Historical Price Trends and Forecast 2017-2027
29. Latin America Historical Price Trends and Forecast 2017-2027
30. Middle East and Africa Historical Price Trends and Forecast 2017-2027
31. Global Flaxseed Oil Market Structure
Key Questions Answered in the Report
The market is projected to grow at a CAGR of 3% between 2021 and 2026.
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.
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.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The flaxseed oil industry is bifurcated into organic and conventional based on nature.
The major flaxseed oil types available in the market are raw, and boiled, among others.
The significant distribution channels of the product are supermarkets and hypermarkets, convenience stores, specialty store, and online, among others.
Cosmetics, food, pharmaceuticals, paints and varnish, and flooring, among others are the major applications of the product.
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 2022-2027, 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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