Flax Crop Market Size, Status And Growth And Precise Outlook 2027

Flax is also known as a common flax or linseed, which is a crop mainly cultivated in the cooler regions of the world. There are two verities of flax plants, one which yields blue flowers and the other which yields white flowers. Textiles made from flax plant are known as linen, which are mainly used for bed sheets, table linen, and under garments. Oil extracted from the plant is known as linseed oil. It is widely used in paint binder, putty and wood finish because of its drying (water repellent) properties. Flaxseed oil is extracted by cold pressing. This keeps its nutrients in their original form, making it fit for human consumption.

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Multiple health advantages of flax crop is expected to be a major driver for rising demand for flax crops, globally. It acts as a natural laxative, aids in hormonal balance, and reduces risk related to osteoporosis. Moreover, governments of various countries have realized such health benefits and are focusing on providing health approvals for use of it in various products. For instance, in October 2013, Health Canada`s Food Directorate approved a health claim of flaxseed for serum cholesterol lowering. Such claims will aid food manufacturers to state on labels about health benefits of flax consumption to a reduce serum cholesterol, which is a major risk factor for coronary heart diseases. This is expected to positively affect demand for flaxseed in food industries.

Market Taxonomy

On the basis of product type, global flax crop market is segmented into:
Straw
Stalk parts
Seeds

On the basis of distribution channel, global flax crop market is segmented into:
Food and Beverages
Animal Feed
Textile
Medical
Paper
Paints and Coatings
Insulation
Construction
Others

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Key players operating in the global flax crop market are Schweitzer-Mauduit International, Inc., Legumex Walker Inc., Biolin Research Inc (Private-small), Cargill, Incorporated, Glanbia plc, Archer Daniels Midland Company, CHS Inc., SunOpta Inc., Grain Millers, Inc., SWM INTL, Linen of Desna LLC, and others.

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This release was published on openPR.