North America Camelina Sativa Market

North America Camelina Sativa Market Size Analysis:

North America Camelina Sativa Market was worth USD xx billion in 2020 and estimated to be growing at a CAGR of xx%, to reach USD xx billion by 2026.  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 rich source of essential fatty acids, which makes it a good source for nutritive in hair and skin problems. This plant is native to Europe and Central Asia and it is cultivated as oilseed crop to produce cooking oil, bio diesel, 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 more adapted to cold semiarid climate zone and it has a short season crop from 85 to 100 days. The plant leaves and stems are partially hairy, seeds have a characteristic orange colour and its four-petaled flowers are pale yellow in colour. 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 bio diesel 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 North America Camelina sativa market. However, lack of knowledge, high packing cost and strict regulations are restraining the growth of the Camelina sativa market.

North America Camelina Sativa Market Segmentation Analysis:

The North America Camelina Sativa Market is segmented on the basis of product type, application and region. Depending on the product type, the market is segmented into food and industrial grade. The food industry is divided into human food and animal feed. On the basis of application, the market is segmented into food industry, chemical industry, biodiesel, textile, cosmetics, jet fuel and others. The North America market has been geographically segmented into segmented into US and Canada. North America are dominating the Camelina sativa market due to rise in demand and rich nutritional source of the Camelina Sativa. The US has been growing more camelina for its potential as a biofuel and bio lubricant and it is approved as a cattle feed supplement. Approximately 50,000 acres are currently cultivated in Canada.

North America Camelina Sativa Market Key Players:

Some of the key companies dominating the North America Camelina Sativa Market are Shxchangyu, Shunyou and Xasinuote.