Authored By: Sarah
11 Jul 2024

 Flax Seeds Market Size to grow by USD 1500.4 million between 2024-2028

According to a research report “ Flax Seeds Market” by Application (Food and beverages, Animal food, Others) Product (Ground flax seeds, Whole flax seeds) Geography (APAC, North America, Europe, South America, Middle East and Africa)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 1500.4 million, at a CAGR of over 15.42% during the forecast period. Flax seeds, a rich source of omega-3 fatty acids, are highly valued in both human nutrition and animal feed industries. With over 50% linolenic acid content, these seeds offer significant health benefits. In the realm of cardiovascular health, flax seeds' high omega-3 fat content aids in reducing blood pressure, bad cholesterol, and inflammation. Furthermore, they provide antioxidant and anti-inflammatory properties. In the context of diabetes prevention, flax seeds' alpha-linolenic acid (ALA) and fiber content help mitigate metabolic disorders such as dyslipidemia and insulin resistance, major contributors to this condition.

Browse market data tables, figures, and in-depth TOC on “Flax Seeds Market” by Application (Food and beverages, Animal food, Others) Product (Ground flax seeds, Whole flax seeds) Geography (APAC, North America, Europe, South America, Middle East and Africa) Global Forecast to 2028. Download Free Sample

 

By Application, the Food and beverages segment is projected to dominate the market size in 2024

Ground flax seeds, derived from whole seeds through mechanical processing, are finely powdered and offer several advantages over their whole counterparts. These seeds are a rich source of fiber, omega-3 fatty acids, and lignans, making them a valuable addition to various food and beverage applications. The ground form facilitates easier digestion and nutrient absorption. Incorporating ground flax seeds into smoothies, yogurt, oatmeal, and baked goods like muffins and bread, enhances their nutritional value and functional properties. The grinding process increases the bioavailability of essential nutrients, making ground flax seeds a preferred choice for manufacturers and consumers alike.

By Product, Ground flax seeds  segment is expected to hold the largest market size for the year 2024

The global flax seeds market is projected to witness robust expansion in the food and beverage sector due to the escalating demand for health-conscious consumables. Beyond their utilization as a standalone snack, flax seeds are increasingly being employed as functional ingredients in various food and beverage applications. These include juices, pasta, smoothies, yogurt, cereals, salads, sports nutrition products, ice creams, and bakery and confectionery items such as cookies, bread, energy bars, and pasta. Flaxseed powder serves multiple purposes in these products, acting as a taste enhancer, food additive, and preservative, thereby enhancing nutritional value and extending shelf life.

APAC is forecasted to hold the largest market size by region in 2024

The Flax Seeds market is experiencing significant growth due to increasing consumer awareness regarding the health benefits of these seeds. Rich in omega-3 fatty acids, lignans, and fiber, flax seeds are in high demand in the food and beverage industry for their nutritional value. Businesses are capitalizing on this trend by introducing innovative products, such as flaxseed oil, meal, and flour, to cater to the evolving consumer preferences. The market is projected to expand at a robust CAGR during the forecast period.

The Flax Seeds Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:

  • AgMotion Inc.
  • Archer Daniels Midland Co.
  • Bioriginal Food and Science Corp.
  • Bradley Caldwell Inc.
  • BTL Herbs and Spices Pvt. Ltd.
  • CanMar Foods Ltd.
  • Eastmade Spices and Herbs Pvt. Ltd.
  • Gingerly Naturals P. Ltd.
  • Global Resource Direct LLC
  • Grain Millers Inc.
  • Healthy Food Ingredients LLC
  • Howe Seeds
  • KRBL Ltd.
  • Linwoods Health Foods
  • Merck KGaA
  • Mother Herbs P Ltd.
  • Mr Fothergills Seeds Ltd.
  • Pragati Agribiz Pvt. Ltd.
  • Satva Industries
  • TA Foods Ltd.
.

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Research Analysis Overview

Flaxseeds, also known as linseeds, are a popular edible crop rich in essential nutrients. These seeds come in two varieties - brown and golden, and can be consumed as whole seeds, powder, meal, or oil. Flaxseeds are a great source of proteins, fiber, omega-3 fatty acids, antioxidants, calcium, and various micronutrients. They are well-known for their health benefits, including reducing the risk of cancer, diabetes, and heart diseases. Flaxseed powder is a popular form of consumption, especially for those who find it difficult to consume the whole seeds. Flaxseed meal is another form of consumption, often used in baking and as a meat substitute. Flaxseed oil is rich in omega-3 fatty acids and is commonly used in cooking and as a dietary supplement. Industrial flax seeds are used for various purposes, including animal feed and industrial applications. Linseed exports are significant, with major producers being Canada, China, and Russia. Quinoa seeds and flaxseeds are sometimes compared due to their similar nutritional profiles, but flaxseeds have a higher omega-3 content. Flaxseeds are a versatile and nutritious food, providing essential nutrients like proteins, carbohydrates, and healthy fats. They are an excellent addition to a balanced diet for maintaining good health.

Market Research Overview

Flaxseeds, also known as Linseeds, are a popular type of healthy oilseeds rich in nutrients and functional ingredients. Whole flax seeds are preferred by the vegan population for their high protein content of around 16-18%, essential amino acids, and omega-3 fatty acids. The seeds have a distinct texture and can be consumed whole, ground, or in various forms like meal, flour, or oil. Flaxseeds are known for their numerous health benefits. They are rich in minerals like potassium, phosphorus, magnesium, and calcium, and are a good source of fiber and antioxidants. Flaxseed oil is used as a healthy oil for cooking and in the production of functional food products like energy bars, muffins, pancakes, and bakery items. Flaxseeds are also used as a food preservative and in animal feed. Industrial flaxseed is used to produce tablets, capsules, and powders for human and animal consumption. Flaxseed oil is used in the production of various snacks, juices, ice creams, and confectionery products. Despite their numerous health benefits, flaxseeds can have adverse health effects if consumed in large quantities due to their high fiber content and potential toxicity. Consumers should be aware of the recommended daily intake and consult a healthcare professional before making significant changes to their diet. Flaxseeds are also used as an egg alternative in baking and as a source of protein and fiber in various food products. They are known to help reduce cholesterol levels, improve heart health, and aid in digestion. Flaxseeds have also been linked to the prevention of diseases like diabetes, depression, and cancer. Flaxseeds are not only beneficial for humans but also for animals like horses and cats. They are a rich source of essential nutrients and are used in pet food to promote healthy growth and development. In conclusion, flaxseeds are a nutrition-rich product with numerous health benefits for humans and animals. They are a versatile ingredient used in various food products, including breakfast cereals, bakery products, and snacks. However, consumers should be aware of the recommended daily intake and potential adverse health effects. Flaxseeds are a valuable addition to a healthy diet and can help improve overall health and wellbeing.

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