Published On : January 2018 Pages : 107 Category: Agrochemicals & Fertilizers Report Code : CM01545
Industry Outlook and Trend Analysis
The global Flaxseed Oil Market was worth USD 0.65 billion in 2017 and is expected to reach approximately USD 0.84 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 2.87% during the forecast period. Rising demand from paints and coatings industry as a varnish and as a drying lubricant is foreseen to support the market over the gauge period. Flaxseed oil's polymer-shaping property to polymerize into solid, which is to a great extent made use of for mixing with different solvents and gums as impregnator and tile in paints and coatings division is anticipated to boost the market development. It is additionally used as a part of manufacturing procedure of different oils having properties like tempering, bonding, catalysed curing, and grinding.
Application Outlook and Trend Analysis
Paints and varnishes was the prevailing application section in 2017 and is foreseen to grow tremendously in the following years. Paints and varnishes are generally used as a part of wood completing as coatings because of their properties. Expanding usage of flaxseed oil in wood finish, food processing, nutritional supplement, putty, paint, gilding, and linoleum are anticipated to support the section growth. It is used as a bearer in oil paints for making them transparent, glossy, and enhancing their consistency. It is likewise used as a part of linoleum, soaps, and inks.
Regional Outlook and Trend Analysis
Asia Pacific was the dominating regional section and represented around 33% of the aggregate income in 2017. Expanding request from China because of large number of manufacturers in this nation is anticipated to impel the regional section over the estimate time frame. Based on construction spending, the most astounding development is foreseen to be focused in the rising economies of Asia Pacific including China, trailed by India and Indonesia.
Competitive Insights
The leading players in the market are Gustav Heess, Henry Lamotte Oils GmbH, Natural Factors Inc, Krishi Oils Limited, Natrol LLC, Cargill Foods India and Archer Daniels Midland. The leading organizations are increasingly investing in joint ventures, acquisitions, and mergers to widen their product offerings, expand their presence globally, and gain a lucrative market share. For example, in August 2022, ADM Company widened its plant-based extraction production line to add antioxidants, acerola, green tea, and tropical fruit blends, which are a rich source of Vitamin C and nutritional ingredients.
The Flaxseed Oil Market is segmented as follows-
By Application:
By Region
Some of the key questions answered by the report are:
Market Classification
Table of Contents
1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.1.1. Rising Demand in End-User Industries
3.2.2. Restraints
3.2.2.1. Volatile Raw Material Prices
3.2.3. Opportunities
3.2.3.1. Emerging Markets to Offer Lucrative Growth Opportunities
4. Flaxseed Oil Market, By Application
4.1. Introduction
4.2. Global Flaxseed Oil Market Sales, Revenue and Market Share By Application (2017-2017)
4.2.1. Global Flaxseed Oil Market Sales and Sales Share By Application (2017-2017)
4.2.2. Global Flaxseed Oil Market Revenue and Revenue Share By Application (2017-2017)
4.3. Flaxseed Oil Market Assessment and Forecast, By Application, 2017-2023
4.4. Flooring
4.4.1. Market Assessment and Forecast, By Region, 2017-2023($Million)
4.5. Medicinal
4.5.1. Market Assessment and Forecast, By Region, 2017-2023($Million)
4.6. Processed food
4.6.1. Market Assessment and Forecast, By Region, 2017-2023($Million)
4.7. Cosmetics
4.7.1. Market Assessment and Forecast, By Region, 2017-2023($Million)
4.8. Pharmaceutical
4.8.1. Market Assessment and Forecast, By Region, 2017-2023($Million)
4.9. Paints & varnishes
4.9.1. Market Assessment and Forecast, By Region, 2017-2023($Million)
4.10. Others
4.10.1. Market Assessment and Forecast, By Region, 2017-2023($Million)
5. Flaxseed Oil Market, By Region
5.1. Introduction
5.2. Flaxseed Oil Market Assessment and Forecast, By Region, 2017-2023($Million)
5.3. Global Flaxseed Oil Market Sales, Revenue and Market Share by Regions
5.3.1. Global Flaxseed Oil Market Sales by Regions (2017-2017)
5.3.2. Global Flaxseed Oil Market Revenue by Regions (2017-2017)
5.4. North America
5.4.1. North America Flaxseed Oil Market Sales and Growth Rate (2017-2017)
5.4.2. Market Assessment and Forecast, By Country, 2017-2023($Million)
5.4.3. Market Assessment and Forecast, By Application, 2017-2023($Million)
5.4.4. U.S.
5.4.4.1. Market Assessment and Forecast, By Application, 2017-2023($Million)
5.4.5. Canada
5.4.5.1. Market Assessment and Forecast, By Application, 2017-2023($Million)
5.4.6. Mexico
5.4.6.1. Market Assessment and Forecast, By Application, 2017-2023($Million)
5.5. Europe
5.5.1. Europe Flaxseed Oil Market Sales and Growth Rate (2017-2017)
5.5.2. Market Assessment and Forecast, By Country, 2017-2023($Million)
5.5.3. Market Assessment and Forecast, By Application, 2017-2023($Million)
5.5.4. Germany
5.5.4.1. Market Assessment and Forecast, By Application, 2017-2023($Million)
5.5.5. France
5.5.5.1. Market Assessment and Forecast, By Application, 2017-2023($Million)
5.5.6. UK
5.5.6.1. Market Assessment and Forecast, By Application, 2017-2023($Million)
5.5.7. Italy
5.5.7.1. Market Assessment and Forecast, By Application, 2017-2023($Million)
5.5.8. Spain
5.5.8.1. Market Assessment and Forecast, By Application, 2017-2023($Million)
5.5.9. Rest of Europe
5.5.9.1. Market Assessment and Forecast, By Application, 2017-2023($Million)
5.6. Asia-Pacific
5.6.1. Asia-Pacific Flaxseed Oil Market Sales and Growth Rate (2017-2017)
5.6.2. Market Assessment and Forecast, By Country, 2017-2023($Million)
5.6.3. Market Assessment and Forecast, By Application, 2017-2023($Million)
5.6.4. Japan
5.6.4.1. Market Assessment and Forecast, By Application, 2017-2023($Million)
5.6.5. China
5.6.5.1. Market Assessment and Forecast, By Application, 2017-2023($Million)
5.6.6. Australia
5.6.6.1. Market Assessment and Forecast, By Application, 2017-2023($Million)
5.6.7. India
5.6.7.1. Market Assessment and Forecast, By Application, 2017-2023($Million)
5.6.8. South Korea
5.6.8.1. Market Assessment and Forecast, By Application, 2017-2023($Million)
5.6.9. Rest of Asia-Pacific
5.6.9.1. Market Assessment and Forecast, By Application, 2017-2023($Million)
5.7. Rest of the World
5.7.1. Rest of the World Flaxseed Oil Market Sales and Growth Rate (2017-2017)
5.7.2. Market Assessment and Forecast, By Country, 2017-2023($Million)
5.7.3. Market Assessment and Forecast, By Application, 2017-2023($Million)
5.7.4. Brazil
5.7.4.1. Market Assessment and Forecast, By Application, 2017-2023($Million)
5.7.5. Turkey
5.7.5.1. Market Assessment and Forecast, By Application, 2017-2023($Million)
5.7.6. Saudi Arabia
5.7.6.1. Market Assessment and Forecast, By Application, 2017-2023($Million)
5.7.7. South Africa
5.7.7.1. Market Assessment and Forecast, By Application, 2017-2023($Million)
5.7.8. United Arab Emirates
5.7.8.1. Market Assessment and Forecast, By Application, 2017-2023($Million)
5.7.9. Others
5.7.9.1. Market Assessment and Forecast, By Application, 2017-2023($Million)
6. Company Profiles
6.1. Gustav Heess
6.1.1. Business Overview
6.1.2. Product Portfolio
6.1.3. Strategic Developments
6.1.4. Flaxseed Oil Market Sales, Revenue and Market Share
6.2. Henry Lamotte Oils GmbH
6.2.1. Business Overview
6.2.2. Product Portfolio
6.2.3. Strategic Developments
6.2.4. Flaxseed Oil Market Sales, Revenue and Market Share
6.3. Natural Factors Inc
6.3.1. Business Overview
6.3.2. Product Portfolio
6.3.3. Strategic Developments
6.3.4. Flaxseed Oil Market Sales, Revenue and Market Share
6.4. Krishi Oils Limited
6.4.1. Business Overview
6.4.2. Product Portfolio
6.4.3. Strategic Developments
6.4.4. Flaxseed Oil Market Sales, Revenue and Market Share
6.5. Natrol LLC
6.5.1. Business Overview
6.5.2. Product Portfolio
6.5.3. Strategic Developments
6.5.4. Flaxseed Oil Market Sales, Revenue and Market Share
6.6. Cargill Foods India
6.6.1. Business Overview
6.6.2. Product Portfolio
6.6.3. Strategic Developments
6.6.4. Flaxseed Oil Market Sales, Revenue and Market Share
6.7. Archer Daniels Midland
6.7.1. Business Overview
6.7.2. Product Portfolio
6.7.3. Strategic Developments
6.7.4. Flaxseed Oil Market Sales, Revenue and Market Share
7. Global Flaxseed Oil Market Competition, by Manufacturer
7.1. Global Flaxseed Oil Market Sales and Market Share by Manufacturer (2017-2017)
7.2. Global Flaxseed Oil Market Revenue and Market Share by Manufacturer (2017-2017)
7.3. Top 5 Flaxseed Oil Market Manufacturer Market Share
7.4. Market Competition Trend
List of Tables
*You can glance through the list of Tables and Figures when you view the sample copy of Flaxseed Oil Market.
Research Methodology
We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.
Data Mining
Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.
Data Collection Matrix
Data Collection Matrix |
Supply Side |
Demand Side |
Primary Data Sources |
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Secondary Data Sources |
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Market Modeling and Forecasting
We use epidemiology and capital equipment-based models to forecast market size of different segments at country and regional level.
We do forecast on basis of several parameters such as market drivers, market opportunities, industry trends government regulations, raw materials supply and trade dynamics to ensure relevance of forecast with market scenario. With increasing need to granulized information, we used bottom-up methodology for forecasting where we evaluate each regional segment differently and combined all forecast to develop final market forecast.
Data Validation
We believe primary research is a very important tool in analyzing and forecasting different markets. In order to make sure accuracy of our findings, our team conducts primary interviews at every stage of research to gain deep insights into current business environment and future trends and key developments in market. This includes use of various methods such as telephonic interviews, focus groups, face to face interviews and questionnaires to validate our research from all aspects. We validate our data through primary research from key industry leaders such as CEO, product managers, marketing managers, suppliers, distributors, and consumers are frequently interviewed. These interviews provide valuable insights which help us to have better market understanding besides validating our estimates and forecast.
Data Triangulation
Industry Analysis
Qualitative Data |
Quantitative Data (2017-2025) |
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