According to the latest report by IMARC Group “Europe Flaxseeds Market Size: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026“, The Europe flaxseeds market is currently experiencing strong growth. Looking forward, IMARC Group expects the market to grow at a CAGR of around 10% during the forecast period (2021-2026).
Flaxseeds refer to edible seeds that are procured from the Linum plant. These seeds are widely available in the form of milled (ground) flaxseed, flaxseed oil, and whole flaxseed. Flaxseeds contain a rich amount of dietary fibers, antioxidants, lignans, omega-3 fatty acids, polyunsaturated fatty acids, etc. As a result, these seeds help in mitigating the risk of cancer, maintaining cholesterol levels, treating gastrointestinal ailments, lowering blood pressure, etc. Flaxseeds are widely utilized in the preparation of bakery products, cereals, dietary supplements, energy bars, animal feed, etc.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Market Trends:
In Europe, the rising consumer health concerns towards the high prevalence of various lifestyle-based disorders, including diabetes, obesity, chronic indigestion, hypertension, etc., are primarily driving the demand for flaxseeds. Furthermore, the expanding food and beverages sector, along with the growing popularity of ready-to-eat nutritional grains, particularly among the working population, is also augmenting the product demand. Moreover, the emerging trend of veganism has changed the consumer preferences from meat-based food products towards plant-sourced alternatives with similar protein content, such as flaxseeds. Besides this, the escalating demand for organic and clean-label product variants is expected to bolster the market for flaxseed in Europe over the forecasted period.
Breakup by Seed Type
- Brown Flax Seed
- Golden Flax Seed
Breakup by Product Type:
- Milled (Ground) Flaxseed
- Whole Flaxseed
- Flaxseed Oil
Breakup by Application:
- Food
- Bakery Products and Cereal
- Supplements and Energy Bars
- Meal Powders
- Animal Food
- Others
Breakup by Country:
- United Kingdom
- Germany
- France
- Italy
- Spain
- Rest of Europe
Competitive Landscape with Key Player:
- AgMotion, Inc.
- Archer-Daniels-Midland Company
- Bioriginal Food & Science Corporation
- CanMar Foods
- Cargill Incorporated
- Dicks’ Seed
- LLC
- Farmers Elevator Grain and Supply Association of New Bavaria
- Grain Millers, Inc
- Healthy Food Ingredients, LLC
- Healthy Oilseeds, LLC
- Linwoods (NI) Limited (John Woods (Lisglyn) Limited)
- Richardson International Limited (Richardson
- James & Sons, Limited), Simosis International
- Sunnyville Farms Ltd
- TA Foods Ltd.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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