Flaxseeds Market Market Updates

Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to feed mineral market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.

Flaxseeds Market News

  • In October 2023, Archer Daniels Midland, the global leader in nutrition and agricultural processing, recently announced an expansion of its North American flaxseed processing capacity. The decision is aimed at meeting the increased demand for flax-based ingredients in the food, beverage, and nutraceutical industries.
  • In June 2023, for functional foods and the nutraceutical segment, organic flaxseed ingredients are released to the marketplace by global food and agriculture enterprise Cargill. These increases answer growing customer interest in the benefits of nutrition coming from the plant-based aspect, and greater interest in fibre-high products. Sustainability and further technological advances ensure superior product quality by Cargill in answering all international norms set for that aspect.
  • In March 2021, AgMotion Specialty Grains was renamed Terra Ingredients, LLC, under this strategic move that reemphasized its focus on the specialty ingredients sector, such as flaxseeds. With this strategic move to satisfy growing demand in the markets for natural and organic products, this company's marketplace penetration will create growth in its line of flaxseeds.

REQUEST FOR SAMPLE

Want to customize this report? REQUEST FREE CUSTOMIZATION

FAQs

Global Flaxseeds Market size was valued at USD 15.7 Billion in 2023 poised to grow from USD 16.64 Billion in 2024 to USD 26.52 Billion by 2032, growing at a CAGR of 6% in the forecast period (2025-2032).

The global flaxseeds market is highly competitive in nature, as major players in the industry concentrate on product innovation, organic certification, and widening supply chains. Major international players include Archer Daniels Midland Company, Cargill Inc., AgMotion Inc., Linwoods Health Foods, and TA Foods Ltd. Sustainability in sourcing, sophisticated processing technology, and broad-based distribution channels help the market to expand for growing consumer needs. Strategic collaboration, acquisitions, and investment in research and development continue to change the dynamics in the market while it expands continuously. 'Archer Daniels Midland Company (USA)', 'Cargill, Inc. (USA)', 'AgMotion, Inc. (USA)', 'Richardson International Limited (Canada)', 'TA Foods Ltd. (Canada)', 'Linwoods Health Foods (United Kingdom)', 'Simosis International (India)', 'CanMar Foods Ltd. (Canada)', 'Sunnyville Farms Ltd. (Canada)', 'Stokke Seeds (Canada)', 'S.S. Johnson Seeds Ltd. (Canada)', 'Shape Foods, Inc. (Canada)', 'Agro Crops International (India)', 'Bioriginal Food & Science Corp. (Canada)', 'Healthy Food Ingredients, LLC (USA)'

A significant trend propelling the global flaxseeds market growth is the increasing interest in plant-based diets. Nowadays, more customers seek nutrient-dense, plant-based substitutes with fiber and omega-3 content, as well as a high number of antioxidants. Flaxseeds are among the commonly used ingredients by food, beverages, and supplement companies for vegan and gluten-free products.

Rising Demand for Plant-Based Nutrition: With the rise in the number of people adopting plant-based diets worldwide, demand for flaxseeds is growing significantly. Omega-3, fiber, and protein-enriched bakery products, dairy-free products, and functional foods owe a great deal to flaxseed popularity. Health-conscious consumers have driven food manufacturers to innovate and expand their portfolios by selecting natural ingredients that are naturally rich in nutrients. Further fueling consumption in dietary supplements, more people are coming to know of flaxseeds' potential in cardiovascular and digestive health applications.

North America leads global flaxseeds market due to higher consumer awareness about functional foods, a higher demand for plant-based diets, and wide applications in food and pet nutrition. There is already well-established agriculture infrastructure in this region, mainly in Canada and the U.S., ensuring consistent availability of good quality flaxseed for multiple uses.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

logo-images

Feedback From Our Clients

Global Flaxseeds Market
Flaxseeds Market

Report ID: SQMIG30H2181

[email protected]
USA +1 351-333-4748

BUY NOW GET FREE SAMPLE