North America Flax Seed Market

North America Flax Seed Market Size (2024 to 2032)

The North American flaxseed market was valued at USD 182.79 million in 2023 and is anticipated to reach USD 610.41 million in 2024 from USD 1599.90 million by 2032, growing at a CAGR of 12.80%. The North America flaxseed market is developing at an exceptionally quick pace.

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, 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.

North America Flax Seed Market Drivers

The significant driver 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.

This research report on the North America Flax Seed Market Segmented and sub-segmented into the following categories

North America Flax Seed Market By Flaxseed Type

• Milled (Ground) Flaxseed
• Whole Flaxseed
• and Flaxseed Oil

North America Flax Seed Market By Application

• Food
• Bakery Products & Cereals
• Energy Bars
• Flaxseed Meal Powders
• Supplements, Flour
• Animal Food
• Others

COUNTRY ANALYSIS

• The USA
• Canada
• Mexico
• Rest of North America

The North American market has been geographically segmented into the US, Canada, and Mexico. North America has the largest share in this market. Growing demand is one of the major factor driving the growth of this industry.

KEY MARKET PLAYERS

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 North America Flaxseed market.