North America Flax Seed Market – Size, Outlook, Trends and Forecast (2024

North America Flax Seed Market - Size

Study Period

2018 - 2030

Base Year For Estimation

2023

Forecast Data Period

2024-2030

Historical Data Period

2018-2021

CAGR

7 %

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

Flax is one of the most abundant sources of plant-based omega-3 fatty acids, called alpha-linolenic acid (or ALA), in the world. Another unique fact about flaxseeds is that they are the No. 1 source of lignans in the human diets, flaxseeds contain about seven times as many lignans as the closest runner-up, sesame seeds.

North America Flax Seed Market Segments Size & Growth:

North America Flax Seed Market size is projected to reach approximately 328.4 billion by the end of 2024 with a CAGR of close to XX% from $XX billion in 2017 during the forecast timeline 2018-2024. Key parameters promoting the market growth include increased industrial usage, increased consumer health consciousness, cheaper alternative to chia and quinoa, and usage as animal feed. However, high susceptibility to pests and weeds, and side-effects from consumption and hazardous nature of its by-Products are thereby hampering the market growth.

North America Flax Seed Market Segments Share:

North America Flax Seed Market is categorised into product type which comprises Golden flax seed and Black flax seed. Among them, black flax seeds segment holds the most significant share, and they are preferred more as they are rich in omega-3 fatty acids. By Applications, the market is segmented into Food, Bakery Products & Cereals, Energy Bars, Flaxseed Meal Powders, and Others. By Geography, USA is projected to dominate the market with the most significant share because of huge profit margins and growth prospects.

North America Flax Seed Market Trends:

Lignans are plant compounds that have antioxidant and estrogen properties, both of which can help lower the risk of cancer and improve health.
Various Scientists are trying to control Blood Sugar with the help of flax seeds. Research has found that insoluble fibre slows down the release of sugar into the blood and reduces blood sugar.

North America Flax Seed Market Research Report:

An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.

To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.

Regional and Global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year

Identifying DROC in the current market and their impact in altering the market dynamics.

Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial study with significant competitors.

Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.

The primary market players, such as

Archer Daniels Midland Company
TA Foods Ltd
Sunnyville Farms Ltd
Richardson International Ltd
Simosis International

the market growth. North

North America Flax Seed Market - Growth

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

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North America Flax Seed Market - Porter's Five Force Analysis

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

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