According to the report analysis, ‘Global Linseed (Flaxseed) Seeds Industry Research Report 2021 Segmented by Major Market Players, Types, Applications and Countries Forecast to 2027’ states that AgMotion Specialty Grains, Cargill Inc, CHS Grain Division, Dicks’ Seed, LLC, Grain Millers, Farmers Elevator, Inc, SK Food, Healthy Oilseeds, Inc, Howe Seeds, Reimers Seed Company and others are the key entities which presently operating in the global linseed(flaxseed) seeds market more proficiently for ruling around the globe, leading the highest market growth, registering the great value of market share, generating the highest percentage of revenue, obtaining the competitive edge and keep maintaining the governing position by spreading the awareness connected to the applications and advantages of linseed(flaxseed) seeds, improving the qualitative and quantitative measures of such, implementing the policies of profit making and strategies of expansion, employing the young and active personnel, increasing the benefits and features of linseed(flaxseed) seeds, analysing the strategies and policies of government as well as similar entities, and decreasing the associated prices of such.
On the basis of types, the global linseed (flaxseed) seeds market is categorized into food grade and feed grade. On the basis of applications, the global linseed (flaxseed) seeds market is categorized into food industry, animal feed and several others.
Whereas, with the effective augment in awareness concerning the health benefits of flaxseed and its application in food industry, there is increasing use of flaxseed in the nutraceutical segment due to its high nutritional value. The trend for organic consumption is also projected to propel requirement for flaxseeds in the food industry.
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Growing awareness connected to the health benefits of linseed is the major factor predicted to propel the market over the review period. Flaxseed is a rich source of several healthy antioxidants, fat, and fibers. This seed comprises essential lignans, omega-3 fatty acids, and proteins. The nutrients in the seed support in lowering the perils of heart diseases, diabetes, and cancer.
The Asia Pacific region is also predicted to witness the fastest growth over the review period. Asia Pacific is one of the foremost exporters and producers of flaxseeds in the world. Owing to the significant growth in demand from the developing and underdeveloped regions, the export of flaxseed from Asia Pacific is predicted to augment significantly during the upcoming years.
Linseed is utilized as an additive in animal and pet food. China is one of the largest customers of feed additive in the world, registering for a proficient share of global animal feed additive market, which, in turn, is predicted to increase requirement for linseed in China over the forecast duration.
Linseed is predicted to observe the substantial growth over the forecast period owing to the growing demand for flaxseed in food and other application segments. Asia Pacific manufacturers are importing organic seeds from the European Union and Argentina due to the increasing requirement for organic food across the world. Therefore, it is predicted that during the review duration the market of linseed (flaxseed) seed will increase around the globe more actively over the review duration.
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Ankur Gupta, Head Marketing & Communications