The Latin America flax seed market size is expected to reach USD 0.07 million in 2024 and reach USD 1.72 million by 2029, growing at a CAGR of 12.53% from 2024 to 2029.
Flax seeds are exceptionally nutritious and have various medical advantages, such as fighting disease and corpulence, advancing weight reduction, enhancing related framework, adjusts hormones. Flax seeds are rich in Omega-3 unsaturated fat, which helps in bringing down the pulse and blood cholesterol. As indicated by research, 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 as vegetable oil. It contains a substantial amount of all the nine amino acids. Flaxseed is a non-toxic product that is safe for human consumption.
The significant driver is the demand from the textile, food, and paper industries, which in turn has increased the demand for Flaxseed. Also, the surge in the growing use of Flaxseed in the personal care products and plastic industries in developed and developing nations is boosting the industry. Increasing health awareness, demand for clean labels, and increasing popularity are also boosting this industry.
Latin America market region includes countries such as Brazil, Mexico, Argentina, and remaining countries of South America. The rising focus of key players on enhancing their market presence across the globe is estimated to encourage the growth of the market in the Latin America regions.
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 Latin America Flaxseed market.
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