What Is The Current and Historic Market Size Analysis Of The Flax Seeds Market?
The flax seeds market has seen considerable growth due to a variety of factors.
• The market size of flax seeds has seen a significant surge in growth over the recent years. The market is expected to expand from $0.9 billion in 2024 to $1.03 billion in 2025, reflecting a compound annual growth rate (CAGR) of 15.2%.
The historic growth trend owes much to factors such as increased governmental and institutional backing, a growing preference for vegan and vegetarian diets, a rise in health-aware consumer actions, an upsurge in the consumption of organic food, and an increase in the number of products based on flax seeds.
What Are The Predictions for The Flax Seeds Market in the Coming Years?
The flax seeds market is expected to maintain its strong growth trajectory in upcoming years.
• The market for flax seeds is predicted to experience a swift expansion in the coming years. It's projected to elevate to $1.79 billion by 2029, with a compound annual growth rate (CAGR) of 14.9%.
The growth during the forecasted timeframe is due to an increasing demand for plant-based foods, the expansion of e-commerce platforms, the rising trend of super foods, and a growing global demand for functional foods. The forecast period is also expected to be marked by significant trends including technological progress, functional foods, dietary supplements, plant-based diets, and superfoods.
Which Drivers Are Accelerating Growth In The Flax Seeds Market?
The burgeoning interest in plant-derived consumables is set to energize the flax seeds market in the near future. Foods derived from sources like fruits, vegetables, grains, nuts, seeds, and legumes are becoming increasingly popular due to their high nutritional value and environmentally friendly attributes. A growing health awareness, rising ecological concerns, and ethical considerations are steering consumers towards these healthier, more sustainable, and humane dietary alternatives. Flax seeds, due to their versatility, can be easily incorporated into a range of plant-based cuisines such as smoothies, baked items, salads, and condiments, thus improving their nutritional quality and making them a preferred ingredient in several plant-based formulas. For example, The Good Food Institute, a US nonprofit pushing for the adoption of plant and cell-based items, reported in April 2023 that the plant-based food sales in the US retail market surged from $7.4 billion in 2021 to $8 billion in 2022. This rising demand for plant-foods is stimulant for the escalating stature of the flax seeds market.
What Are The Core Segments Of The Global Flax Seeds Market?
The flax seedsmarket covered in this report is segmented –
1) By Type: Whole Flax Seed, Flax Seed Powder, Flax Seed Oil, Other Types
2) By Distribution Channel: Business To Business, Business To Consumers
3) By Nature: Organic, Conventional
4) By End Use: Food And Beverage Industry, Nutraceuticals, Animal feed, Retail Or Households, Industrials
Subsegments:
1) By Whole Flax Seed: Organic Whole Flax Seed, Conventional Whole Flax Seed, Roasted Whole Flax Seed, Raw Whole Flax Seed, Flax Seed Meal (Coarse)
2) By Flax Seed Powder: Organic Flax Seed Powder, Conventional Flax Seed Powder, Ground Flax Seed Meal, Instant Flax Seed Powder, Flax Seed Protein Powder
3) By Flax Seed Oil: Cold-Pressed Flax Seed Oil, Refined Flax Seed Oil, Organic Flax Seed Oil, Flax Seed Oil Capsules, Flax Seed Oil Supplements
4) By Other Types: Flax Seed Extract, Flax Seed Snacks, Flax Seed-Enriched Products (Breads, Cereals), Flax Seed-Based Beverages
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How Are New Trends Impacting The Size Of The Flax Seeds Market?
Leading corporations in the flax seeds industry are concentrating on the production of novel products like flax seed derived milk, aimed at enhancing cardiac health and alleviating digestive disorders. Flaxseed milk, a plant-derived alternative, is high in omega-3 fatty acids, fiber, and various other nutrients. For example, in April 2022, Malibu Mylk, an American non-dairy drinks company, introduced Flax Mylk, the first high-fiber milk produced from whole, organic flaxseeds globally. This innovative non-dairy milk, which is purchasable in 700 US supermarkets as well as online, uniquely processes whole flaxseeds without filtering, hence preserving all the nutritional value. Packed with fiber and vegan omega-3 fatty acids, flax mylk is credited with health advantages like reducing inflammation, decreasing cholesterol, and boosting digestion. It is friendly to those with allergies, without gums, oils, and artificial vitamins, and is naturally sweetened using dates.
Who Are the Key Players In The Flax Seeds Market?
Major companies operating in the flax seeds market are:
• Cargill Incorporated
• Archer Daniels Midland Company
• WinCo Foods LLC
• Glanbia plc
• KRBL Limited
• Grain Millers Inc.
• Bob's Red Mill Natural Foods Inc.
• Linwoods Health Foods Ltd.
• Healthy Food Ingredients LLC
• AgMotion Specialty Grains Inc.
• Bioriginal Food & Science Corp
• Shape Foods Inc.
• Healthy Oilseeds LLC
• Pragati Agribiz Pvt Ltd.
• TA Foods Limited
• CanMar Grain Products Ltd.
• Simosis International Inc.
• BTL Herbs and Spices Pvt Ltd.
• Eastmade Spices and Herbs Pvt Ltd.
• Gingerly Naturals Pvt Ltd.
• Global Resource Direct LLC
• Satva Industries Pvt Ltd.
• Waltanna Farms Pty Ltd.
• Paragon Flax LLC
What Are The Regional Insights Into The Flax Seeds Market?
North America was the largest region in the flax seeds market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the flax seeds market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
