The Europe Flax Seed market is predicted to reach USD 183.67 million in 2024 and USD 322.71 million by 2029, growing at a CAGR of 11.93% during the forecast period.
Flax seeds are exceptionally nutritious and has various medical advantages like, it fights disease and corpulence, advances weight reduction, enhances stomach related framework, adjusts hormone. Flax seeds are rich in Omega-3 unsaturated fat which is helps in bringing down the pulse and blood cholesterol. As indicated by research, the fax seeds can diminish terrible cholesterol particularly in post-menopausal ladies. Flax seeds are additionally an extraordinary source of protein. s. Flax seeds can be utilized as entire or ground to utilize it as vegetable oil. It contains substantial amount of all the nine amino acids. Flaxseed is a non-toxic product which is safe for human consumption.
The significant drivers is the demand from the textile, food, and paper industries which in turn has increased the demand for Flaxseed. Also surge in the growing use of Flaxseed in the personal care products and plastic industries developed and developing nations is boosting the industry. Increasing health awareness, demand for clean label, and increasing popularity is also boosting this industry.
By geography this market is classified into UK, Spain, Germany, France, Italy and others. Europe is assumed as developed market and is anticipated to witness significant growth in the forecast period. United Kingdom was one of the largest producers of flaxseeds.
Simosis International, Richardson International Ltd, Sunnyville Farms Ltd AgMotion Speciality Grains, S.S Johnson Seeds, Cargill Inc., CanMAr Grain Products Ltd, Stokke Seeds, , TA Foods Ltd and Archer Daniels Midland Company are the leaders in the Europe Flax Seed market.
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