Global Flax Seeds Market Insights Forecasts to 2033.

• The Global Flax Seeds Market Size was Valued at USD 16.15 Billion in 2023.
• The Market Size is Growing at a CAGR of 5.26% from 2023 to 2033.
• The Worldwide Flax Seeds Market Size is Expected to Reach USD 26.96 Billion by 2033.
• Asia-Pacific is expected to Grow the fastest during the forecast period.

The Global Flax Seeds Market Size is Anticipated to Exceed USD 26.96 Billion by 2033, Growing at a CAGR of 5.26% from 2023 to 2033.  

Market Overview

Flax seeds are obtained from the plant flax and produce vegetable oil known as linseed oil or flaxseed oil. It has excellent drying properties suitable for manufacturing paints, varnishes, resins, and inks. Flaxseeds are edible and have high nutritional properties that enable them for human consumption. Flax seed is known to be the richest source of omega-3 fatty acid, and also contains α-linolenic acid (ALA) (fatty acid), lignans, proteins (18–23%), and dietary fibers. It also contain nutrients such as calcium, iron, niacin, phosphorus and vitamin E. Due to its mild nutty flavor, it has wide application in the food market and is often used to sprinkle over the hot dishes. It is considered to be beneficial for individuals having diabetes, cholesterol, and heart problem disorders. It has anti-inflammatory effects, reducing the low-grade inflammation in chronic diseases like autoimmune arthritis. Due to the high fiber content in flaxseeds it helps to reduce constipation. With health beneficiary effects it is also being used in textile industries and linoleum, varnish, and ink production. The various health beneficiary effects and commercial uses of flaxseeds and their oil promote the global flaxseeds market. However, the negative health effects due to unregulated consumption of flaxseeds are likely to hinder the market growth.

Report Coverage

This research report categorizes the market for the global flax seeds market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global flax seeds market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global flax seeds market.

Driving Factors

The high nutritional value and various health beneficiary effects of flax seeds, increasing the demand for flax seeds to incorporate in various food products. The rising demand of flax seeds in food industry likely to drive global flax seed market in the coming year. The flaxseed oil obtained by solvent extraction used for industrial purpose as a drying oil paints, varnish, linoleum and printing inks as well. The increasing commercial use of flax seed oil promote the global flaxseeds market.

Restraining Factors

The negative health effects caused due to unregulated consumption of flaxseed negatively impact the human health. For instance, consumption of flaxseeds is prohibited for individuals suffering from blood disorder and can induce bowel obstructions in case of constipation. These factors are expected to impede the flaxseed market progress thus limiting market growth

Market Segmentation

The Global Flax Seeds Market share is classified into forms and applications.

• The ground flax seed segment is expected to hold the largest share of the global flax seeds market during the forecast period.    

Based on the form, the global flax seeds market is divided into flax seed oil, ground flax seed, and whole flax seed. Among these, the ground flax seed segment is expected to hold the largest share of the global flax seeds market during the forecast period. Ground flex seeds are easily digestible and can be integrated in various food products that considered to be the beneficial factor to aid the segment’s growth.

• The food industry segment is expected to grow at the fastest pace in the global flax seeds market during the forecast period.    

Based on the application, the global flax seeds market is divided into food industry, and animal feed. Among these, the food industry is expected to grow at the fastest pace in the global flax seed market during the forecast period. The widespread usage of different forms of flaxseeds in food industry such as bakery products and other edibles. The increasing demand for nutritional animal feed products is expected to exceed the significant market share.

• The organic segment is expected to grow at the greatest pace in the global flax seeds market during the forecast period.

Based on the certification, the global flax seeds market is divided into organic and conventional. Among these, the organic segment is expected to grow at the greatest pace in the global flax seeds market during the forecast period. Organic flaxseeds are pesticides free and chemical free grown without industrial fertilizers or genetically modified organisms. They are widely purchased by customers who are concerned about the harmful chemical containing products.

• The online retail segment is expected to grow at the greatest pace in the global flax seeds market during the forecast period.

Based on the distribution channel, the global flax seeds market is divided into online retail and offline retail. Among these, the online retail segment is expected to grow at the greatest pace in the global flax seeds market during the forecast period. Online retail has become popular distribution channel due to more convenient and more accessible option. It has option of comparing costs and reading reviews at home making purchase convenient and comfortable.   

Regional Segment Analysis of the Global Flax Seeds Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

North America is anticipated to hold the largest share of the global flax seeds market over the predicted timeframe.

North America is anticipated to hold the largest share of the global Flax Seeds market over the predicted timeframe. The greater manufacturing share of agricultural goods in Canada and U.S. Canada is the world’s largest producer of flax seeds. The increasing awareness of the nutritional benefits of flax seeds are expected to fuel the development of market in the region. Zeghers Canada made significant investments in labelling and traceability software to fulfil the demand for transparency and traceability.

Asia-Pacific is expected to grow at the fastest pace in the global flax seeds market during the forecast period. The usage of powdered form of flax seed is expanding due to increasing awareness about the health benefits of flax seeds. Impact of western culture. Flax seed meal is used in animal feed to provide nutrition to the animals. The increasing demand and consumption of flax seed in emerging economies such as India and China.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global Flax Seeds along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Archer-Daniels-Midland
• AgMotion
• Linwoods Health Foods
• Winco Foods
• Natural Foods Bob’s Red Mill
• S.S. Johnson Seeds
• Stoney Creek Oil Products Pty Ltd.
• Dick’s Seed
• CanMar Grain Products
• Waltanna Farms
• Farmers Elevator
• Grain Millers
• Omega Flaxseed Inc.
• Sunnyville Farms Ltd.
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments

• In October 2022, Archer Daniels Midland (ADM), launched ‘Knwble Grwn’ food brans at Natural Products Expo. ADM is the largest and only flax oil plant in North America region.   
• In March 2021, India Gate Basmati Rice extends existing Health Portfolio, introduces “Active Heart Special Roasted Flax Seeds” & “Wholesome Health Special Chia Seeds”.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Global Flax Seeds Market based on the below-mentioned segments:  

Global Flax Seeds Market, By Form

• Flax seed oil
• Ground flax seed
• Whole flax seed

Global Flax Seeds Market, By Application

• Food industry
• Animal feed

Global Flax Seeds Market, By Certification

• Organic
• Conventional

Global Flax Seeds Market, By Distribution Channel

• Online retail
• Offline

Global Flax Seeds Market, By Region

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • Uk
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa