Flaxseed Market is obtained from flax plant and is considered to be one of the most powerful plant in terms of health benefits. Flaxseed contains Omega-3 fatty acid and dietary fibres which when consumed helps to prevent from diabetes, high cholesterol, breast pain and help to reduce weight. It is also good for the health of heart and kidney. Owing to its nutrition value demand of flaxseed is going among health-conscious people all around the globe. Flaxseed has multiple uses it can be used in household, industries, and animal feed due to which demand of flaxseed is increasing globally. As the world is moving towards healthy lifestyle, people are more focusing on healthy plant food as a result flaxseed is getting more popular day by day due to nutrition value arising out of it and its availability.

Flaxseed Market Dynamics

Globally, consumption of flaxseed is increasing day by day. The key factor which is driving the demand of flaxseed worldwide is rising awareness regarding health benefits provided by flaxseed. Flaxseed helps to prevent from various diseases and high in nutrition value, as a result its popularity is increasing with improved global health literacy. Besides, flaxseed contains dietary fibres and act as natural dietary supplement for human body due to which there is worldwide demand of flaxseed. 

COVID-19 Impact on Flaxseed Market

COVID-19 has had a global impact on nearly every market, it has also impacted flaxseed market on a global level. During course of pandemic, demand for flaxseed has been increased with increase in health awareness among consumers which surged the demand of flaxseed. Flaxseed is one of the most ancient powerful seed which contains major health beneficial nutrients which are essential for human body thus demanded widely during health emergency caused by Covid-19. However, due to disruption in supply network caused by imposed lockdown in most of the part of the world created the shortage of flaxseed in the global market. 

Flaxseed Market by Overview

The global flaxseed market is segmented based on product, application and geography.

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Flaxseed Market by Product

Ground seed and whole seed are the major flaxseed products. Ground flax seeds is the most preferred flaxseed product and is considered to be best for consumption because whole nutrition benefits of flaxseed can be reaped by it. Ground flaxseed is used as a nutrition ingredient in various products such as bakery items, nutrition bars, ice-cream and beverages. Also, ground seed contains insoluble fibre which helps in improving digestion system.   

Flaxseed Market by Application

The flaxseed market finds application into bakery product, cereals, energy bars, animal foods, and others. Flaxseed contains essential ammino acid, fats and protein which act as a natural supplement for body. With increase in health literacy use of flaxseed is also increasing in various form. It is used for both human and animal feeding. Its most common use is in bakery product. It enhances the nutrition value of the baked item and it is reach in oil content thus it can also be used as a replacement of egg or other fats in bakery products, due to which it is widely preferred by vegetarians all around the globe.

Flaxseed Market by Geography

Geographically, this market is studied for the major countries of North America, Europe and Asia-Pacific and Rest of the world. With increase in global health awareness, use of flaxseed as a health supplement is also increasing. Flaxseed is considered to be the one of the most powerful food which contains fibres, protein, carbohydrate and essential amino acid. Flaxseed market is widely expanding as the people are moving towards vegan diet. In Asia-Pacific region it is even used in Ayurveda, with growing consumption of natural food in North America and Europe, the market for flaxseed is also increasing at a great pace. It is widely available and economic with lots of health benefits. 

Flaxseed Market Key Players

Some of the major players operating in this market are CanMar Foods Ltd.,  Agmotion Inc., Biooriginal Foods Science Corp., Waltanna Farms, TA Foods Ltd., Linwoods Health Foods, Prairie Flax Products Inc., Premium Gold Flax, Vandaele Seeds, Zeghers Canada, Archer Daniels Midland Company, NOW foods, Shape Foods Inc., Johnson Seeds, Bio Oils, The Linseed Farm, Oy Linseed Protein Finland Ltd., Adora Farm, Viva natural, and Flax Farm Ltd. among others.

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