The Latin America camelina sativa market size is expected to reach USD 1.06 billion in 2024 and reach USD 1.44 billion by 2029, growing at a CAGR of 6.3% from 2024 to 2029.
Camelina Sativa is a flowering plant from the family Brassicaceae, and it is typically known as gold-of-pleasure, camelina, or false flax. Camelina sativa seeds are a rich source of essential fatty acids, which makes them a good source of nutrition for hair and skin problems. This plant is native to Europe and Central Asia, and it is cultivated as an oilseed crop to produce cooking oil, biodiesel, and jet fuel.
It is traditionally cultivated to produce animal feed and vegetable oil. It grows well in the temperate climate zone in light or medium soils but is more adapted to cold semiarid climate zones, and it has a short season crop from 85 to 100 days. The plant leaves and stems are partially hairy, its seeds have a characteristic orange color, and its four-petaled flowers are pale yellow in color. It is harvested and seeded with conventional farming equipment so that crop rotation will be relatively easy for farmers.
Growing health awareness, rising usage of biodiesel and jet fuel, high requirement of edible oil, growth in food supplements, short season crop, rise in poultry and cattle industry, and technology advancements in farming are driving the growth of Latin America Camelina sativa market. However, lack of knowledge, high packing costs, and strict regulations are restraining the growth of the Camelina sativa market.
The food industry is divided into human food and animal feed.
Latin America market region includes countries such as Brazil, Mexico, Argentina, and the remaining countries of South America. Brazil is one of the largest markets in this region followed by Mexico, Argentina, and Columbia, which are also intensifying their investments in the market.
Some of the key companies dominating the Latin American Camelina Sativa Market are Shxchangyu, Shunyou, and Xasinuote.
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