Press release
Flax Seeds Market Expansion Continues, with Forecast Valuation of $1.8 Billion by 2029
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Flax Seeds Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market for flax seeds has seen a swift expansion in the past few years. Its growth is projected to increase from $0.9 billion in 2024 to $1.03 billion in 2025, reflecting a 15.2% Compound Annual Growth Rate (CAGR). The surge observed in the historical period can be ascribed to factors such as enhanced government and institutional backing, an increase in vegan and vegetarian diet practices, growing health-focused consumer habits, a spike in organic food intake, and an increase in flax seed-derived product offerings.
Flax Seeds Market Size Forecast: What's the Projected Valuation by 2029?
In the upcoming years, the flax seeds market is anticipated to witness a significant expansion. The market is set to reach $1.8 billion by 2029 with a compound annual growth rate (CAGR) of 14.9%. The growth during this projected period can be associated with the increasing demand for plant-derived foods, the expansion of e-commerce platforms, the growing trend of super foods, and the increasing worldwide demand for functional food. Key trends expected during this forecast period include technological advancements, functional foods, dietary supplemen*ts, plant-based diets, and superfoods.
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What Are the Drivers Transforming the Flax Seeds Market?
The flax seeds market will likely experience growth as a result of the increasing consumer demand for plant-based foods. Foods derived from plants such as fruits, vegetables, grains, nuts, seeds, and legumes are gaining popularity for their nutritional value and environmental benefits. This shift towards plant-based consumption is facilitated by growing health awareness, concern for the environment, and ethical beliefs aimed at opting for a healthier, more sustainable, and cruelty-free diet. Flax seeds have become a top choice ingredient in many plant-based recipes due to their ease of inclusion in a variety of dishes such as smoothies, baked products, salads, and dressings, thereby boosting the dish's nutritional offerings. The Good Food Institute, a nonprofit organization in the US advocating for plant- and cell-based products, reported in April 2023 that the US retail plant-based food sales had grown from $7.4 billion in 2021 to $8 billion by 2022. As such, the increasing appetite for plant-based foods is a key driver propelling the flax seeds market.
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Which Fast-Growing Trends Are Poised to Disrupt the Flax Seeds Market?
Leading firms in the flax seeds industry are prioritizing innovative product introductions, like flax seed milk, designed to enhance heart wellness and alleviate digestive issues. Flaxseed milk is a vegan substitute derived from flax seeds, abundant in omega-3 fatty acids, fiber, and diverse other nutrients. For instance, Malibu Mylk, a US-based non-dairy beverage firm, in April 2022, unveiled Flax Mylk, the first-ever high-fiber milk crafted from pure, organic flaxseeds on a global level. This trailblazing non-dairy milk, distributed in 700 American supermarkets and through online platforms, uniquely leverages whole flax seeds without filtering, therefore preserving all nutritional advantages. Loaded with fiber and vegan omega-3 fatty acids, flax mylk is considered to offer health perks, like inflammation reduction, cholesterol decrease, and digestion aid. It is allergen-friendly, free from gums, oils, and artificial vitamins, and is naturally sweetened with dates.
Which Segments in the Flax Seeds Market Offer the Most Profit Potential?
The flax seeds market 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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Which Firms Dominate the Flax Seeds Market by Market Share and Revenue in 2025?
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 Regions Offer the Highest Growth Potential 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.
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