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North America Flaxseed Market 2017–2027

Flaxseed is a plant-based food that is cultivated around the globe and is a rich source of antioxidants, healthy fat, and fiber. It is available in different forms such as oils, powder, tablets, seeds, capsules, and flour. Moreover, it is also used as a dietary supplement to treat constipation, high cholesterol, heart disease, cancer, and diabetes. Flaxseed is highly rich in lignans, fiber, antioxidants, protein, and alpha-linolenic acid (ALA), or omega-3. Consumption of flaxseed is beneficial in lowering the risk of various conditions as they eliminate the molecules called free radicals from the body. Excessive levels of free radicals may lead to oxidative stress and lead to cell damage and other diseases. They are widely used in the bakery products & cereals, supplements, flaxseed meal powder, energy bar, and flour.

The North America flaxseed market is projected to reach around US$ 355.7 million by the end of 2027, in terms of revenue, growing at CAGR of 3.6% during the forecast period (2019-2027).

Drivers

Flaxseed is a rich source of Omega-3 fatty acids is a major factor fueling the demand for flaxseed thus propelling the market growth. Demand for omega-3 fatty acids among consumers has increased significantly because of its consumption reduce the risk of various chronic diseases and also regulate the cholesterol level and also improve the flow of blood in the body. Therefore, the aforementioned advantage is projected to accelerate the market growth of flaxseed.

The rising production of flaxseed is expected to stimulate market growth over the forecast period. In 2019, oats, peas, barley, lentils and flaxseed, in Saskatchewan's increased their seeded crop area, in acres, by 27.8%, 20.6%, 1.3%, and 0.8% respectively. There are approximately 11.6 million acres of canola planted in Saskatchewan.

On the basis of the country, U.S. dominated the North America flaxseed market in 2018, accounting for 77.7% share in terms of value, followed by Canada.

Figure 1. North America Flaxseed Market, Revenue Share (%), By Region, 2018

North America Flaxseed  | Coherent Market Insights

Market Restraints

The negative impact caused by GMO flaxseed has reduced the trade of flaxseed to Europe and Japan and this factor is expected to hinder the market growth. High consumption of GMO flaxseed is likely to increase the bowel movement in a day and it may also lead to gastrointestinal side-effects such as gas, bloating, and abdominal pain. This is expected to hinder the market growth of flaxseed.

Lack of adequate distribution infrastructure in Canada is impacting the growth of the North America flaxseed market. Due to this suppliers of flaxseed are unable to deliver flaxseed to the export market as per demand. For instance, in February 2015, Archer Daniels Midland Company imported flaxseed from Kazakhstan its plant in Minnesota, instead of importing from Canada and the due to Canada’s weak railway network

Market Opportunities

Rising usage of flaxseed in poultry feed to develop omega-3 rich eggs is expected to provide enormous growth opportunity to the market of flaxseed. Poultry is one of the largest meat industries in North America, hence rising demand for omega-rich source eggs among consumers is expected to fuel the growth of North America flaxseed market over the forecast timeframe.

Growing demand for organic flaxseed is increasing in North America due to rising health-conscious consumers in the region. This is expected to potential growth opportunities to the producers of organic flaxseed to boost their revenue in the region. Therefore, the growing demand for organic flaxseed is projected to fuel market growth over the forecast period. 

Figure 2. North America Flaxseed Market– Opportunity Analysis

North America Flaxseed  | Coherent Market Insights

Market Trends

The rising trend of using flaxseed as an anti-irritation ingredient in the cosmetics industry is expected to augment the growth of the North America flaxseed market. Flaxseed oil is a widely used production of creams and gels for moisturizing and smoothening the skin. Flaxseed is a key ingredient that reduces skin irritation. Rising demand for safe and high-quality of flaxseed is expected to augment the market growth over the forecast period.

The rising trend of flaxseed in the dietary supplement is expected to foster market growth over the forecast timeframe. In September 2016, Archer Daniels Midland Co. introduced Onavita, a new, fully refined, non-GMO flaxseed oil that provides a cost-effective solution for customers looking to add an on-trend, heart-healthy ingredient to their latest food innovations. This is expected to stimulate market growth.

Figure 3. North America Flaxseed Market, Revenue Share (%), By Application, in 2018

North America Flaxseed  | Coherent Market Insights

On the basis of application in 2018, the animal food segment has accounted the largest market share of 63.6% in terms of value, followed by food and others.

Regulations

GRAS Status for Flax in the U.S

Food manufacturers, particularly large companies, are more inclined to incorporate “new” ingredients into their products that have achieved Generally Recognized as Safe (GRAS) by the U.S. Food and Drug Administration (FDA). GRAS indicates that the ingredient in question is deemed to be free of harmful toxins or unsafe side effects. In 2009, the Flax Council of Canada received a “no objection” letter from the FDA providing whole and milled flax seed GRAS status60 for use in foods up to 12%.

Competitive Section:

Key players operating in the North America flaxseed market are AgMotion Inc., Linwoods Health Foods, CanMar Grain Products Ltd., TA Foods Limited, Archer Daniels Midland Company, Stober Farms LLC, Heartland Flax, Shape Foods Inc., Healthy Food Ingredients LLC, Zeghers Seed Inc., and Bioriginal Food & Science Corporation

Few Recent Developments

AgMotion Inc.

Key Developments:

  • In February 2016, AgMotion Specialty Grains – a division of U.S. Commodities LLC, announced plans to showcase its product offerings at the Natural Products Expo East 2016, to be held at Baltimore, U.S., in September 2016
  • In February 2015, AgMotion Inc. secured a US$ 45 million asset-based revolving credit facility from U.S. Bank – one of the country’s fastest-growing asset-based lender – to expand its operations globally.

Flaxseed is one of the most highly nutritious plant-based food that is cultivated around the globe and is a rich source of antioxidants, healthy fat, and fiber. Its consumption reduces the risk of various diseases such as stroke, heart disease, cancer, and diabetes and is also considered as one of the functional food. Moreover, it is also used as a dietary supplement to treat various medical conditions and in various food products such as muffins, cookies, and pancakes.

Market Dynamics

North America flaxseed market has witnessed significant growth in recent past years, owing to the increasing demand for healthy and nutritional food products. Based on the application, the North America flaxseed market is bifurcated into animal food, food, and others. Among these segments, the animal food segment dominated the North America flaxseed market in 2018, owing to the increasing demand for nutritional animal food among consumers due to the usage of flaxseeds in animal food. This factor is estimated to drive the growth of the North America flaxseed market during the forecast period. 

Furthermore, the U.S. dominated the North America flaxseed market in 2018, owing to the growing production of the flaxseeds in this region. According to the United States Department of Agriculture, the total flaxseed production was 3.84 million bushels in the year 2017, and the average price for flaxseeds was US$ 8.01 per bushel in the year 2016. As a result, this scenario is estimated to foster the growth of the North America flaxseed market during the forecast timeframe.

Key features of the study:

  • This report provides in-depth analysis of the North America flaxseed market, market size (US$ Million, Million Tones), and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2019–2027).
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market. It provides valuable insights about market drivers, restraints, opportunities, new product launches or approval, flaxseed products, regional outlook, and competitive strategy adopted by the leading players.
  • Key companies covered as a part of this study includes AgMotion Inc., Linwoods Health Foods, CanMar Grain Products Ltd., TA Foods Limited, Archer Daniels Midland Company, Stober Farms LLC, Heartland Flax, Shape Foods Inc., Healthy Food Ingredients LLC, Zeghers Seed Inc., and Bioriginal Food & Science Corporation
  • It profiles leading players in the North America flaxseed market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, key developments, and future plans.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions with respect to their future product launch, market expansion, and marketing tactics.
  • The North America flaxseed market report caters to various stakeholders in this industry, including investors, product developers, distributors, flaxseed companies, research institutes, new entrants, and financial analysts.
  • Stakeholders would greatly benefit in decision-making through the various strategy matrices used in analyzing the North America flaxseed market.

Market Taxonomy

  • North America Flaxseed Market, By Product Type:
    • Milled (Ground) Flaxseed
    • Whole Flaxseed
    • Flaxseed Oil
  • North America Flaxseed Market, By Application:
    • Food
      • Bakery products & Cereals
      • Energy Bars
      • Flaxseed Meal Powder
      • Supplements
      • Flour
    • Animal Food
    • Others (Cosmetics, linen, paint, varnish, chemical applications, resins, inks)
  • North America Flaxseed Market, By Country:
    • U.S.
      • By Product Type:
        • Milled (Ground) Flaxseed
        • Whole Flaxseed
        • Flaxseed Oil
      • By Application:
        • Food
          • Bakery products & Cereals
          • Energy Bars
          • Flaxseed Meal Powder
          • Supplements
          • Flour
        • Animal Food (Pet food & animal feed)
        • Others (Cosmetics, linen, paint, varnish, chemical applications, resins, inks)
    • Canada
      • By Product Type:
        • Milled (Ground) Flaxseed
        • Whole Flaxseed
        • Flaxseed Oil
      • By Application:
        • Food
          • Bakery products & Cereals
          • Energy Bars
          • Flaxseed Meal Powder
          • Supplements
          • Flour
        • Animal Food (Pet food & animal feed)
        • Others (Cosmetics, linen, paint, varnish, chemical applications, resins, inks)
  • Company Profiles
    • AgMotion Inc. *
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Recent Developments/Updates
      • Future Plans
    • Linwoods Health Foods
    • CanMar Grain Products Ltd.
    • TA Foods Limited
    • Archer Daniels Midland Company
    • Stober Farms LLC
    • Heartland Flax
    • Shape Foods Inc.
    • Healthy Food Ingredients LLC
    • Zeghers Seed Inc.
    • Bioriginal Food & Science Corporation

 “*” marked represents similar segmentation in other categories in the respective section

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Product Type
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
        • Supply Side Drivers
        • Demand Side Drivers
        • Economic Drivers
      • Restraints
      • Market Opportunities
      • Regulatory Scenario
      • Industry Trend
      • PEST Analysis
      • PORTER’s Analysis
      • New Product Approvals/Launch
      • Promotion and Marketing Initiatives
  4. North America Flaxseed market, By Product Type, 2017 - 2027 (US$ Million, Million Tones)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019 - 2027
      • Segment Trends
    • Milled (Ground) Flaxseed
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million, Million Tones)
    • Whole Flaxseed
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million, Million Tones)
    • Flaxseed Oil
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million, Million Tones)
  5. North America Flaxseed market, By Application, 2017 - 2027 (US$ Million, Million Tones)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019 - 2027
      • Segment Trends
    • Food
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million, Million Tones)
      • Sub-segment Trends
        • Bakery products & Cereals
        • Energy Bars
        • Flaxseed Meal Powder
        • Supplements
        • Flour
    • Animal Food
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million, Million Tones)
    • Others (Cosmetics, linen, paint, varnish, chemical applications, resins, inks)
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million, Million Tones)
  6. North America Flaxseed market, By Country, 2017- 2027 (US$ Million, Million Tones)
    • Introduction
      • Market Share Analysis, By Country, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
    • U.S.
      • Introduction
      • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million, Million Tones)
      • Market Size and Forecast, By Application, 2017- 2027 (US$ Million, Million Tones)
    • Canada
      • Introduction
      • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million, Million Tones)
      • Market Size and Forecast, By Application, 2017- 2027 (US$ Million, Million Tones)
  7. Competitive Landscape
    • Market Share Analysis
    • Company Profiles
      • AgMotion Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Linwoods Health Foods
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • CanMar Grain Products Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • TA Foods Limited
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Archer Daniels Midland Company
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Stober Farms LLC
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Heartland Flax
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Shape Foods Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Healthy Food Ingredients LLC
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Zeghers Seed Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Bioriginal Food & Science Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
    • References
    • Research Methodology
    • About us and Sales Contact

* Browse 45 market data tables* and 30 figures* on "North America Flaxseed Market” – global forecast to 2027

Frequently Asked Questions

The increasing demand for the flaxseeds due to its health benefits among consumers.
Animal food segment dominates the North America Flaxseed market.
The North America flaxseed market has been segmented by application segment, and by region.
Key players operating in North America Flaxseed market are AgMotion Inc., Linwoods Health Foods, CanMar Grain Products Ltd., TA Foods Limited, Archer Daniels Midland Company, Stober Farms LLC, Heartland Flax, Shape Foods Inc., Healthy Food Ingredients LLC, Zeghers Seed Inc., and Bioriginal Food & Science Corporation
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