Flaxseeds Market Synopsis

Flaxseeds Market Size Was Valued at USD 0.80 Billion in 2023, and is Projected to Reach USD 2.16 Billion by 2032, Growing at a CAGR of 11.66% From 2024-2032.

Flaxseeds or linseeds refer to small brown or golden seeds that come from the flax plant. It is a variable source of omega three fatty acids inclusive of alpha-linolenic acid or ALA, diet fiber, protein, and lignan that are antioxidant in nature. Some uses of flaxseed include; enhancing heart health, digestion, and controlling inflammation making it useful in foods and health supplements.

• The market for flaxseeds has been growing rapidly in recent years because the demand for healthy food products increases due to the presence of healthy nutrients in flaxseeds. Flaxseeds contain omega-3 fatty acids, fiber and lignans that are healthier to the heart, aids digestion and has anticancer properties. Due to the overall global healthy eating craze especially natural foods flaxseeds also experienced a steady increment in demand in developed and emerging countries. Furthermore, flaxseeds are being applied in different food products, such as bakery and confectionery products, milk and potassium-rich smoothies, and flavored cereal products, this increasing their market penetration given the growing fame of healthy food products.
• Globally, North America and Europe are the major markets for flaxseeds owing to increased awareness of healthy living and more preference for plant-based diets. The Asia-Pacific region is however expected to register the greatest growth in the years to come, due to growing disposable income per capita, realized health consciousness and expansion of functional foods. The market also receives additional benefits from advances in food processing technology since it has been easier to include flaxseed into various food products and supplements. But there could be factors like a volatile price structure on raw material and less awareness about this product in certain parts of the market. However, as new products are developed and the trend for superfoods grows the market for flaxseeds is set to grow further.

Flaxseeds Market Trend Analysis

Rising Popularity of Flaxseeds in Health-Conscious Diets and Functional Foods

• Flaxseeds have recently been getting much demand in the food and beverage industries because it is loaded with fiber content, omega 3 fatty acids, and antioxidants. Besides, these nutrient are important for a number of health benefits such as cholesterol level maintenance, digestion process and inflammation control. Flaxseed has also found its way into an array of products to meet the changing needs of the health-conscious consumer as they include cereals, breads, snacks, and nutritional supplements. Flaxseeds can be whole, ground as a powder or taken as flaxseed oil, this flexibility means that they can be incorporated easily into people’s diets irrespective of their age or sex or condition; they are useful for enhancing people’s health. However, the increased use of functional food products early this decade as people eat food that will not only provide nutrition but also health, has greatly enhanced the use of flaxseed products. This is also supported by the growing number of consumers who are being on plant based diets, vegan or vegetarian where flaxseed has a plant based omega 3 fatty acid – a nutrient often deficient in these types of diets.
• Apart from the issue of preference, growing global health issues like cardiovascular diseases and diabetes, obesity amongst others have made a shift from strictly processed foods like white breads and cookies to natural fiber rich foods such as flaxseeds important to many consumers. Flaxseeds help to slow down the progression of heart disease, and due to flaxseeds’ property of improving blood sugar levels, these seeds are popular among people with diabetes and heart issues. Literature review has revealed the ability of flaxseeds in the management of low densite lipoprotein cholesterol and blood pressure which has occasioned research intención of using flaxseeds in functional foods for heart health. Further, soluble fiber is high in flax seed; thus, helps in regulating blood glucose levels making it useful for a diabetic or pre- diabetic diet. This aspect of consumers dealing with have prevented diseases by changing their diets has greatly boosted flaxseeds market since more awareness of these diseases and managing them through diets is quickly rising in these regions.

Expanding Applications of Flaxseeds in Cosmetics, Personal Care, and Animal Feed Industries

• Flaxseeds finds application not only in food segment, but it slowly and gradually getting adopted in the cosmetics and personal care products. Flaxseed extracts are sought after due to their omega-3 fatty acid content, antioxidant, anti-inflammatory substances, and are being used to lighten moisture, calm and restore the skin and hair. Flaxseed oil is especially loved in moisturizing creams, serums, and hair care products as it combats dryness, diminishes irritation, and aids in the care of skin tone. Flaxseed derivatives fit well with the recent trend among consumers to opt for natural and plant derived ingredients in beauty products, making the incorporation of flaxseed derivatives into personal care lines. The use of flaxseeds in beauty products is a result of its steadily increasing influence in the beauty industry prompted by consumer preference towards making better lifestyle choices. This trend is set to further ramp up as the market for organic and clean-label beauty products rises especially in North America and Europe where consumers are beginning to trend towards natural cosmetics.
• Apart from its application by cosmetic companies, flaxseeds are gradually being incorporated in the animal feeds market. Flaxseeds are being used in livestock feed because of their nutritional value to improve on the quality of animal products from meat, eggs and milk among others. For example, feed containing flaxseed assists in increasing the amounts of omega-3 in eggs and meat in order to be more healthy once consumed by persons. This trend is connected with the general tendency to improve healthy-beneficial characteristics of animal products stimulated by the demand of consumers for richer in nutrients animal products. Also, flaxseeds are rich in organic and sustainable agriculture and are beneficial in the improvement of nutritional status of cattle. Additionally, an increase in practitioners of organic farming especially in the northern America and Europe has boosted demand for its organic flaxseed since most farmers nowadays adopt to the organic fertilizers to produce quality seedlings that meet the international clean-label policy enacted by food producers for quality food production. This versatile application of flaxseeds thus drives the existing market and creates opportunities for the flaxseed producers at the international level.

Flaxseeds Market Segment Analysis:

Flaxseeds Market Segmented based on By Product and By Application.

By Product, Ground Seed segment is expected to dominate the market during the forecast period

• It is well-known that the ground flaxseed is rather popular among consumers oriented on a healthy diet because it has Omega-3 fatty acids, lignans and dietary fibre. While eating whole seeds can be beneficial, they can often remain intact during digestion whereas ground flaxseed is more easily metabolized to give people the positives effects of consuming the seed. Flaxseed contains omega-3 fatty acids that can help to cool inflammation and possibly reduce risks for heart disease. Furthermore, another antioxidant compound known as lignans I found have been shown to decrease odds regarding hormone-sensitive cancers including breast and prostate cancers. These qualities make ground flaxseed an essential supplement to take especially for people who want to have healthy body free from chronic diseases. Since it is nutrient dense, it is also suitable for plant based and usean diets because they lack some of the nutrients.
• A ground flaxseed is also easily incorporated into a number of foods and is not very overpowering on the flavor and texture front. People and industries include ground flaxseed in foods like breakfast cereals, baked foods, milkshakes, and salad dressing. This relative ease of incorporation has an effect the rising popularity of ground flaxseed in functional foods market, as consumers look for foods with added values beyond mere nutrition. Currently, flaxseed is being introduced in the market as gluten-free and high fibers bread and cakes with ground flaxseed as a binder and in health promoting shakes as supplemental fiber. Flaxseed currently enjoys favour among consumers because of its health benefits and hence, ground flaxseed will also enjoy similar demand, particularly from consumers with digestive disorders or those who would want to maintain a healthy heart. This trend correlates with such existing consumer trends as preventive health, when consumers themselves choose foods with nutrients that can provide for their needs in the future.

By Application, Food segment held the largest share in 2023

• Food industry segment is relatively the most prominent when it comes to expansion of the flaxseed market mainly due to the many health benefits found in flaxseed products. This seed’s fame lays in the fact that it has cholesterol-lowering properties which are essential in combating Cardiovascular illnesses. Flaxseed is an excellent source of omega-3 fatty acids, which has important benefits for the proper working of the heart, reducing inflammations as well as fostering a healthy blood circulation. In addition, flaxseed contains very high amounts of fiber and therefore helps in the elimination of bowel movements as well as boosting digestion. These benefits have made it become integrate in different food products, some of the baked foods that contain it includes bread, muffins, snack products like granola bar, trail mix and among others. Flaxseed can thus be used as an ingredient in a large number of products as it contributes nutritional values without changing the taste of products, and is an ideal product for manufacturers who want to produce healthy food products.
• In addition to this, rising sales of vegan and plant-based meals is also catalyzing the need for flaxseed in the food category. Flaxseed becomes a versatile ingredient in modern food diets that offer protein and dietary fiber different from animal products as more consumers trend to more dietary food products. It function as a plant-based protein, therefore its can be blended to smoothies or used in protein powder products and meal replacement bars. Flaxseed also has another interesting property: it has a capability of forming films; that is why it is used for an egg substitute in vegan baking. This rise is in line with recent trend toward healthy food consumption where consumers are willing to use foods that have Qualities other than nutritive value. Further awareness of flaxseed and its benefits will thus herald increasing incorporation of this commodity in the food industry to enhance the requirements of personal Growth and addition of plant based food products.

Flaxseeds Market Regional Insights:

North America is Expected to Dominate the Market Over the Forecast period

• The flaxseeds market has experienced tremendous growth in the recent past in North American countries especially within the United States and Canada where most of the product comes from Canada, being one of the world’s biggest producers and exporters of flaxseeds. The climate for agriculture in Canada is particularly helpful for flaxseed production especially in Provinces such as Manitoba and the Saskatchewan which make up the country’s flaxseed pool of supply to both national and global markets. Increased uptake of vegan and nutritious foods is among the leading reasons for the expansion of this market. Flaxseeds have gained importance among the health conscious consumers as they are rich source of omega-3 fatty acid, fiber and protein and therefore consumed in various food products including bakery products, cereal and smooths. Moreover, due to the growing concern with vegan and vegetarian diets, flaxseeds have been adopted as a healthier source of nutrients in North American homes.
• North America has attributed the increase in flaxseed consumption to the increasing trend of organic foods. People are slowly waking up to the realization that chemically grown food is injurious to their health and therefore, there is increased demand for organic flaxseeds. Therefore, most producers in the region are investing in organic farming to satisfactorily meet this demand for healthier non-harmed crops. Additionally, flaxseeds are becoming popular today in the nutritional supplements, powder or oil from, added in smoothies, protein shakes and other supplements. The rise of functional foods and clean label products are likely to further fuel the growth of flaxseeds market in North America as people continue to adopt natural and plant derived nutritional intake in day to day foods.

Active Key Players in the Flaxseeds Market

• Bob’s Red Mill Natural Foods (U.S.)
• CanMar Foods Ltd. (Canada)
• Healthy Oilseeds (U.S.)
• Johnson Seeds Ltd. (U.K.)
• Prairie Premium Products Inc. (Canada)
• Simosis (India)
• TA Foods Ltd. (Canada)
• The Linseed Farm (U.K.)
• Waltanna Foods Pty Ltd (Australia)
• Zeghers Canada (Canada)
• Other Key Players

Key Industry Developments in the Flaxseeds Market:

• In April 2022, Malibu Mylk, a California-based non-dairy beverage brand, launched Flax Mylk in the United States market. This new product is made from whole, organic flax seeds and is allergen-free, containing no gums, oils, or synthetic vitamins. Notably, Flax Mylk uses the entire flaxseed without straining
• In April 2022, Scaler Bakery introduced a new product, Golden Flax Seed Scala Bread. This innovation expands the company's product portfolio and strengthens its market presence in North America and Europe

Chapter 1: Introduction
 1.1 Scope and Coverage

Chapter 2:Executive Summary

Chapter 3: Market Landscape
 3.1 Market Dynamics
  3.1.1 Drivers
  3.1.2 Restraints
  3.1.3 Opportunities
  3.1.4 Challenges
 3.2 Market Trend Analysis
 3.3 PESTLE Analysis
 3.4 Porter's Five Forces Analysis
 3.5 Industry Value Chain Analysis
 3.6 Ecosystem
 3.7 Regulatory Landscape
 3.8 Price Trend Analysis
 3.9 Patent Analysis
 3.10 Technology Evolution
 3.11 Investment Pockets
 3.12 Import-Export Analysis

Chapter 4: Flaxseeds Market by Product
 4.1 Flaxseeds Market Snapshot and Growth Engine
 4.2 Flaxseeds Market Overview
 4.3 Ground Seed & Whole Seed
  4.3.1 Introduction and Market Overview
  4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.3.3 Key Market Trends, Growth Factors and Opportunities
  4.3.4 Ground Seed & Whole Seed: Geographic Segmentation Analysis

Chapter 5: Flaxseeds Market by Application
 5.1 Flaxseeds Market Snapshot and Growth Engine
 5.2 Flaxseeds Market Overview
 5.3 Food
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Food: Geographic Segmentation Analysis
 5.4 Animal & Pet Food
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Animal & Pet Food: Geographic Segmentation Analysis
 5.5 Others
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 Others : Geographic Segmentation Analysis

Chapter 6: Company Profiles and Competitive Analysis
 6.1 Competitive Landscape
  6.1.1 Competitive Benchmarking
  6.1.2 Flaxseeds Market Share by Manufacturer (2023)
  6.1.3 Industry BCG Matrix
  6.1.4 Heat Map Analysis
  6.1.5 Mergers and Acquisitions
  
 6.2 BOB’S RED MILL NATURAL FOODS (U.S.)
  6.2.1 Company Overview
  6.2.2 Key Executives
  6.2.3 Company Snapshot
  6.2.4 Role of the Company in the Market
  6.2.5 Sustainability and Social Responsibility
  6.2.6 Operating Business Segments
  6.2.7 Product Portfolio
  6.2.8 Business Performance
  6.2.9 Key Strategic Moves and Recent Developments
  6.2.10 SWOT Analysis
 6.3 CANMAR FOODS LTD (CANADA)
 6.4 HEALTHY OILSEEDS (U.S.)
 6.5 JOHNSON SEEDS LTD (U.K.)
 6.6 PRAIRIE PREMIUM PRODUCTS INC (CANADA)
 6.7 SIMOSIS (INDIA)
 6.8 TA FOODS LTD (CANADA)
 6.9 THE LINSEED FARM (U.K.)
 6.10 WALTANNA FOODS PTY LTD (AUSTRALIA)
 6.11 ZEGHERS CANADA (CANADA)
 6.12 OTHER ACTIVE PLAYERS

Chapter 7: Global Flaxseeds Market By Region
 7.1 Overview
 7.2. North America Flaxseeds Market
  7.2.1 Key Market Trends, Growth Factors and Opportunities
  7.2.2 Top Key Companies
  7.2.3 Historic and Forecasted Market Size by Segments
  7.2.4 Historic and Forecasted Market Size By Product
  7.2.4.1 Ground Seed & Whole Seed
  7.2.5 Historic and Forecasted Market Size By Application
  7.2.5.1 Food
  7.2.5.2 Animal & Pet Food
  7.2.5.3 Others
  7.2.6 Historic and Forecast Market Size by Country
  7.2.6.1 US
  7.2.6.2 Canada
  7.2.6.3 Mexico
 7.3. Eastern Europe Flaxseeds Market
  7.3.1 Key Market Trends, Growth Factors and Opportunities
  7.3.2 Top Key Companies
  7.3.3 Historic and Forecasted Market Size by Segments
  7.3.4 Historic and Forecasted Market Size By Product
  7.3.4.1 Ground Seed & Whole Seed
  7.3.5 Historic and Forecasted Market Size By Application
  7.3.5.1 Food
  7.3.5.2 Animal & Pet Food
  7.3.5.3 Others
  7.3.6 Historic and Forecast Market Size by Country
  7.3.6.1 Bulgaria
  7.3.6.2 The Czech Republic
  7.3.6.3 Hungary
  7.3.6.4 Poland
  7.3.6.5 Romania
  7.3.6.6 Rest of Eastern Europe
 7.4. Western Europe Flaxseeds Market
  7.4.1 Key Market Trends, Growth Factors and Opportunities
  7.4.2 Top Key Companies
  7.4.3 Historic and Forecasted Market Size by Segments
  7.4.4 Historic and Forecasted Market Size By Product
  7.4.4.1 Ground Seed & Whole Seed
  7.4.5 Historic and Forecasted Market Size By Application
  7.4.5.1 Food
  7.4.5.2 Animal & Pet Food
  7.4.5.3 Others
  7.4.6 Historic and Forecast Market Size by Country
  7.4.6.1 Germany
  7.4.6.2 UK
  7.4.6.3 France
  7.4.6.4 Netherlands
  7.4.6.5 Italy
  7.4.6.6 Russia
  7.4.6.7 Spain
  7.4.6.8 Rest of Western Europe
 7.5. Asia Pacific Flaxseeds Market
  7.5.1 Key Market Trends, Growth Factors and Opportunities
  7.5.2 Top Key Companies
  7.5.3 Historic and Forecasted Market Size by Segments
  7.5.4 Historic and Forecasted Market Size By Product
  7.5.4.1 Ground Seed & Whole Seed
  7.5.5 Historic and Forecasted Market Size By Application
  7.5.5.1 Food
  7.5.5.2 Animal & Pet Food
  7.5.5.3 Others
  7.5.6 Historic and Forecast Market Size by Country
  7.5.6.1 China
  7.5.6.2 India
  7.5.6.3 Japan
  7.5.6.4 South Korea
  7.5.6.5 Malaysia
  7.5.6.6 Thailand
  7.5.6.7 Vietnam
  7.5.6.8 The Philippines
  7.5.6.9 Australia
  7.5.6.10 New Zealand
  7.5.6.11 Rest of APAC
 7.6. Middle East & Africa Flaxseeds Market
  7.6.1 Key Market Trends, Growth Factors and Opportunities
  7.6.2 Top Key Companies
  7.6.3 Historic and Forecasted Market Size by Segments
  7.6.4 Historic and Forecasted Market Size By Product
  7.6.4.1 Ground Seed & Whole Seed
  7.6.5 Historic and Forecasted Market Size By Application
  7.6.5.1 Food
  7.6.5.2 Animal & Pet Food
  7.6.5.3 Others
  7.6.6 Historic and Forecast Market Size by Country
  7.6.6.1 Turkey
  7.6.6.2 Bahrain
  7.6.6.3 Kuwait
  7.6.6.4 Saudi Arabia
  7.6.6.5 Qatar
  7.6.6.6 UAE
  7.6.6.7 Israel
  7.6.6.8 South Africa
 7.7. South America Flaxseeds Market
  7.7.1 Key Market Trends, Growth Factors and Opportunities
  7.7.2 Top Key Companies
  7.7.3 Historic and Forecasted Market Size by Segments
  7.7.4 Historic and Forecasted Market Size By Product
  7.7.4.1 Ground Seed & Whole Seed
  7.7.5 Historic and Forecasted Market Size By Application
  7.7.5.1 Food
  7.7.5.2 Animal & Pet Food
  7.7.5.3 Others
  7.7.6 Historic and Forecast Market Size by Country
  7.7.6.1 Brazil
  7.7.6.2 Argentina
  7.7.6.3 Rest of SA

Chapter 8 Analyst Viewpoint and Conclusion
8.1 Recommendations and Concluding Analysis
8.2 Potential Market Strategies

Chapter 9 Research Methodology
9.1 Research Process
9.2 Primary Research
9.3 Secondary Research