Press release
Flax Seeds Market Forecast 2025-2034: Analysing Major Trends, Opportunities, and Growth Drivers
How Will the Flax Seeds Market Grow, and What Is the Projected Market Size?In recent times, the flax seeds market has seen substantial expansion. Its size is projected to surge from $0.9 billion in 2024 to $1.03 billion in 2025, with a compound annual growth rate (CAGR) of 15.2%. This historic period's growth can be attributed to factors such as enhanced governmental and institutional support, an increase in the prevalence of vegan and vegetarian diets, a surge in health-aware consumer behaviors, a rise in the consumption of organic food, and an increase in the quantity of flax seed-based products on the market.
The market size for flax seeds is predicted to witness swift expansion in the upcoming years, reaching $1.79 billion by 2029 with a compound annual growth rate (CAGR) of 14.9%. The anticipated growth within the forecast period can be ascribed to the increasing demand for plant-based food items, expansion of e-commerce platforms, growing popularity of superfoods, and increased global demand for functional foods. Key trends to watch in the forecast period include advancements in technology, functional food, dietary supplements, plant-based diets, and superfoods.
What Key Elements Are Boosting Growth in the Flax Seeds Market?
The flax seeds market is predicted to rise in tandem with the growing demand for plant-based foods. Foods from plant sources like grains, fruits, nuts, seeds, vegetables, and legumes are valued for their nutritional worth and environmental benefits. This demand is amplified by health awareness, desire for sustainable choices, and ethical sensitivities that prompt consumers to opt for diet options that promote health, sustainability, and are devoid of cruelty. Flax seeds conveniently fit into numerous vegan meals, from smoothies and salads to pastries and dressings, thus enriching their nutritional profile and making them a popular choice in vegan recipes. For instance, The Good Food Institute, a US nonprofit advocating for plant- and cell-based products reported in April 2023 that the sales in the US retail plant-based foods sector escalated from $7.4 billion in 2021 to $8 billion by 2022. Hence the escalating demand for vegan foods is spurring the growth of the flax seeds market. Under the tent of the burgeoning awareness about health, the flaxseeds market is projected to continue its growth. This consciousness about health refers to an individual's alertness, concern, and a proactive approach to preserving or enhancing their health. The rising consciousness about health originates from the increasing realization of proactive health management's benefits and the growing incidence of diseases associated with lifestyle. Flaxseed fortifies this health consciousness by being a potent source of omega-3 fatty acids, fiber, and antioxidants, supporting comprehensive preventive health and well-being. In May 2022, a survey conducted by the International Food Information Council, a US-based nonprofit organization found that about 52% of 1,005 participating American adults aged 18-80 and Gen Z adults aged 18-24, pursued a specific diet or eating routine, a surge from 39% in 2021. The most preferred choices were clean eating constituting 16%, mindful eating at 14%, and calorie counting at 13%. Consequently, the rising health consciousness is fuelling the flaxseeds market.
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Who Are the Major Industry Players Fueling Flax Seeds Market Expansion?
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
Which Key Developments Are Influencing the Flax Seeds Market?
Top players in the flax seeds market are concentrating on creating inventive products, for instance, flaxseed milk, to enhance cardiovascular well-being and relieve digestive problems. Flaxseed milk is a botanical substitute made from flax seeds which are high in omega-3 fatty acids, fiber, and numerous other nutrients. For example, in April 2022, Malibu Mylk, an American non-dairy drink business, introduced Flax Mylk, the globe's first high-fiber milk prepared from complete, organic flax seeds. This innovative non-dairy drink, which is available in 700 US supermarkets and online, uniquely makes use of whole flax seeds without straining them, thus preserving their full nutritional value. This milk, laden with fiber and vegan omega-3 fatty acids, is thought to offer health benefits such as mitigating inflammation, decreasing cholesterol, and assisting digestion. It is friendly to those with allergies, free from gums, oils, and man-made vitamins, and is naturally sweetened with dates.
How Is the Segmentation of the Flax Seeds Market Defined?
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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What Is the Leading Region in 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.
What Is Covered In The Flax Seeds Global Market Report?
- Market Size Analysis: Analyze the Flax Seeds Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Flax Seeds Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Flax Seeds Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Flax Seeds Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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