The Europe flaxseeds market is expected to exhibit a growth rate (CAGR) of 12.7% during 2023-2028.
Flaxseeds, also known as linseed, refer to edible seeds that are obtained from the Linum plant. These seeds are widely available in the form of milled (ground) flaxseed, whole flaxseed, and flaxseed oil. Flaxseeds contain a rich amount of antioxidants, dietary fibers, lignans, polyunsaturated fatty acids, omega-3 fatty acids, etc. As a result, they help in mitigating the risk of cancer, treating gastrointestinal ailments, maintaining cholesterol levels, lowering blood pressure, etc. Flaxseeds are widely utilized in the production of bakery products, cereals, dietary supplements, energy bars, animal feed, etc.
In Europe, the rising consumer health concerns towards the high prevalence of numerous lifestyle-based disorders, including diabetes, chronic indigestion, obesity, hypertension, etc., are primarily augmenting the demand for flaxseeds. Furthermore, the increasing popularity of ready-to-eat nutritional grains, particularly among the urbanized and millennial population, is also driving the product demand. In line with this, the wide availability of diverse product ranges, including whole seeds, powered flax, flax oil, capsules, etc., is further bolstering the market growth in Europe. Additionally, the growing usage of flaxseeds in preparing various snacks, baked goods, energy bars, healthy beverages, supplementary mixes, etc., is also catalyzing the product demand in the region. Moreover, the emerging trend of veganism has led to the changing consumer inclination from meat-based food products towards plant-sourced alternatives with similar protein content, such as flaxseeds. Besides this, the growing consumer health awareness is also propelling the demand for organic and clean-label product variants. This is expected to further drive the market for flaxseeds in Europe over the forecast period.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the Europe flaxseeds market report, along with forecasts at the regional and country level from 2023-2028. Our report has categorized the market based on seed type, product type and application.
Breakup by Seed Type:
- Brown Flaxseed
- Golden Flaxseed
Breakup by Product Type:
- Milled (Ground) Flaxseed
- Whole Flaxseed
- Flaxseed Oil
Breakup by Application:
- Bakery Products and Cereal
- Supplements and Energy Bars
- Meal Powders
- Animal Food
Breakup by Country:
- United Kingdom
- Rest of Europe
The competitive landscape of the industry has also been examined with some of the key players being 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 and TA Foods Ltd.
|Base Year of the Analysis
||Seed Type, Product Type, Application, Country
||United Kingdom, Germany, France, Italy, Spain, Rest of Europe
||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 and TA Foods Ltd
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Key Questions Answered in This Report:
- How has the Europe flaxseeds market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the Europe flaxseeds market?
- What are the key regional markets?
- What is the breakup of the market based on the seed type?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the Europe flaxseeds market and who are the key players?
- What is the degree of competition in the industry?