Press release
Flax Crop Market | Agriculture Trends, Growth Drivers, Investment Prospects & Key Players
Flax Crop Market
Global Flax Crop Market reached US$ 620.1 million in 2022 and is expected to reach US$ 1,449.7 million by 2031, growing with a CAGR of 6.2% during the forecast period 2024-2031.
Flax Crop Market report, published by DataM Intelligence has released its latest in-depth analysis on the global Flax Crop Market, delivering a detailed overview of regional growth patterns, market segmentation, CAGR, and financial performance among leading industry players. The report offers readers a clear snapshot of the current market value and volume, alongside an exploration of emerging opportunities and ongoing developments. By shining a spotlight on key market drivers and highlighting the evolving industry landscape, the report equips businesses and stakeholders with strategic insights to identify new growth avenues and navigate future market dynamics confidently.
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Flax Crop is a versatile agricultural plant cultivated for its seeds and fibers, both of which have significant nutritional and industrial value. Flax seeds are rich in omega-3 fatty acids, fiber, and lignans, making them popular in health foods, dietary supplements, and animal feed. The fibers, known as linen, are used in textiles, ropes, and composites. Flax cultivation supports sustainable agriculture due to its adaptability, low input requirements, and soil-enriching properties.
Key Players:
-> Biolin Research Inc., Glanbia plc, SWM International, Syngenta, Grain Millers, Inc., Prairie Premium Products Inc., Linwoods Health Foods, Johnson Seeds, ADM, and AAK India.
Key Development:
✅ In July 2025, the USDA's Risk Management Agency expanded Small Grains Crop Provisions to offer revenue protection for flax producers for the 2025 crop year. This initiative aims to provide financial stability and support to flax farmers across the nation.
✅ In June 2025, Grain Millers announced a CAD 30 million investment in a new flax processing plant in Saskatchewan. This facility is expected to enhance processing capabilities and support local flax producers.
✅ In June 2025, Japanese companies like Alishan and NIPPON SEIFUN were identified as key players in the flax seeds market, focusing on expanding their product offerings and market presence to meet the growing demand.
✅ In May 2025, the Japanese flax seeds market saw increased interest in value-added products such as flaxseed oil and flaxseed meal, driven by consumer preferences for functional foods and natural ingredients.
Growth Forecast Projected:
The Global Flax Crop Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the global Flax Crop Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Key Segments:
By Type: Seeds, Stalk Parts, Straw, Others
By Form: Flax Seed Oil, Ground Flax Seed, Whole Flax Seed
By Application: Textile, Paper, Paints and Coatings, Medical, Insulation, Animal Feed, Food and Beverage, Others
Regional Analysis for Flax Crop Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.
Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.
Chapter 3: Offers an in-depth look at the competitive landscape among Flax Crop producers, including revenue shares, strategic moves, and recent mergers and acquisitions.
Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.
Chapters 5 & 6: Analyze Flax Crop revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.
Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.
Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.
Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.
Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.
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FAQ
What is the current size of the Flax Crop Market?
A: In 2022, the Flax Crop Market was valued at US$ 620.1 million , reflecting its strong industry presence.
Q2: How large is the Flax Crop Market expected to be by 2031?
A: By 2031, industry forecasts suggest the Flax Crop Market will grow to around US$ 1,449.7 million, demonstrating significant expansion.
Q3: What is the growth rate of the Flax Crop Market?
A: The market is projected to expand at a compound annual growth rate (CAGR) of 6.2% during the forecast period from 2024 to 2031.
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