Flaxseed Market Size, Share, Industry Analysis, Future Growth, Segmentation, Competitive Landscape, Trends and Forecast 2022-2032

 

The global flaxseed market is expected to reach a valuation of US$ 9,922.4 Million in 2022. The expanding nutritional value and wide ranges of applications are projected to be the market’s primary growth drivers. The overall sales of flax seed meal are projected to grow at a robust CAGR of 6% between 2022 and 2032, totalling around US$ 15,875.8 Million by the end of 2032.

Flax seed, also known as linseed, is high in nutritional content such as vitamin B1, soluble fier, magnesium, zinc, lignans, and essential fatty acids. Flax seed meal is the by-product left over after crushing flax seed for oil.

Flaxseed is an excellent way to garner many of the nutritive value of flax seed. Grinding flax seed eliminates the outer shell, culminating in a slightly oily powder. Flax seed meal contains nutrients such as lignans and fiber, as well as alpha-linolenic (ALA) and omega-3 fatty acids.

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Flaxseed is easily added to cooked and raw foods as a fat substitute in recipes. Flax seed consumption may serve to protect against breast cancer, lower cholesterol, avoid hot flashes, strengthen blood sugar, and safeguard against radiation. Flax meal is high in fiber, a reliable source of minerals and vitamins, and low in cholesterol and sodium. Flaxseed is high in fiber but low in carbs and it contains a significant amount of mucilage gum.

Which Factors are driving the Growth of the Flaxseed Market?

Gluten-containing grains, which are inflammatory, are intuitively replaced by flax seed, which is anti-inflammatory. It is widely used as pet food. Given the numerous perks of flax seeds, global market popularity is expanding at a rapid rate.

The international market usage for flax is growing exponentially, due to higher consumption from the food, pet food, paper, and textile industries, among others. Consumer spending for flax seed meal as a functional food and feed preservative is anticipated to increase rapidly in the coming years.

Flax crop compounds, such as seeds and straw, are used in a variety of applications, including textile fiber and insulation materials. One of the major driving factors for the market is the growing health benefits of flax seed meal products.

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Flax seeds are rich in lignans, fiber, and omega-3 fatty acids, which aid in cholesterol and blood sugar control. Flax seed meal products may aid in the prevention of breast and prostate cancer.

Which Factors are restraining the Growth of the Flaxseed Market?

Consumption of an unregulated amount of flax seeds can cause negative health consequences in humans as well as toxicity, which is expected to impede the progress of the flax seed industry.

Excess flax seed consumption can induce bowel obstructions and blood thinning (in people suffering from blood disorders), which can further limit the market growth.

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