The global flaxseed market size has been significantly robust in 2020 and is expected to register a stable revenue CAGR during the forecast period.
NEW YORK CITY, NEW YORK, USA, Sept. 7, 2022 /EINPresswire.com/ — Reports and Data has recently added a new research report titled “Global Flax Seeds Market Forecast to 2028” to its extensive database which offers detailed information about the Flaxseed Market with respect to market share, market size, revenue growth, global and regional scope, and product portfolio offered by the market. The report focuses on current and emerging trends in the agriculture industry such as sustainable agriculture, new irrigation and aerial seeding technologies, incorporation of GPS and satellite imagery to boost crop productivity. farms and the rapid adoption of smart farming to offer crucial information on technological developments. and the evolution of the sector. Agriculture is one of the fastest growing industries in the world, due to population growth and increasing demand for food and groceries. The leading companies in the market are focusing on R&D activities to expand their product offerings and meet the growing global demand.
The global flaxseed market size has been significantly robust in 2020 and is expected to register a stable revenue CAGR during the forecast period. The major factors driving the market revenue growth are increasing people’s awareness about the health benefits of flax seeds. Because people are becoming more health conscious, there has been a surge in demand for flax seeds. Flaxseeds can be ground to produce flaxseed oil and meal for the world market.
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Flaxseeds are available in different forms like whole seeds, roasted seeds, sprouted seeds, and ground seeds. Flaxseed meal and oil are used in the manufacture of human and animal meal. Linseed oil is frequently used in industry for the creation of linoleum, varnish and ink. The market is likely to be driven by growing consumer demand for healthier diets, increased use in animal feed and industrial applications, and the fact that flax seeds are a cheaper alternative to chia seeds and quinoa seeds.
Consumer awareness of the multiple health benefits of flaxseed, including anti-cancer and anti-obesity qualities, the ability to aid the digestive system, the role of promoter of weight loss and hormonal balance, and the High concentration of omega-3 fatty acids are factors driving growth of the global flaxseed market. Flaxseed oil is widely used to lower cholesterol and treat high blood pressure in humans.
The agricultural sector is one of the most important revenue-generating sectors and contributes significantly to the overall economic growth of a country. Technological advancements in agricultural equipment and techniques have greatly increased production and production capacity. The rapid integration of ICT, robotics, aerial imagery and GPS techniques, and the Internet of Things, among others, has radically shaped the agricultural sector in the recent past. The growing adoption of precision agriculture and drones has allowed farms and businesses to increase their profit margins and improve their operations to be more efficient, safer and more environmentally sustainable.
Technological advancements in the agricultural sector have led to greater crop productivity, limited use of water and fertilizers which, in turn, have reduced crop prices, decreased chemical and pesticides in water bodies and safer conditions for growing and high quality crops. Growing demand and increasing consumption of food across the world owing to rapid population growth is a key factor contributing to the growth in market revenue. The report examines the scope and development of the industry in key regions of the world such as North America, Europe, Asia-Pacific, Latin America, Middle East and Africa for offer crucial insights into lucrative growth opportunities with respect to production and consumption pattern, supply and demand, consumer demand and regulatory framework.
The leading companies in the market are focusing on R&D for the development of innovative and advanced agricultural devices, temperature and humidity sensors, and systems to meet the growing demand. Additionally, they provide training and assistance to farmers on how to deploy and use new technologies along with their existing practices to boost agricultural and livestock productivity. The competitive landscape section of the report examines in detail the business overview, product and service portfolio, business expansion plans, production and manufacturing capacity, financial status and position. in the world market. It also highlights recent mergers and acquisitions, collaborations, partnerships, corporate and government deals, deals, and product launches.
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Key companies operating in the market profiled in the report include:
• CanMar Foods Ltd.
• AgMotion Inc.
• Bioriginal Food & Science Corp.
• Waltanna Farms
• TA Foods Ltd.
• Linwoods Health Foods
• Prairie Flax Products Inc.
• Superior quality gold linen.
• Vandaele Seeds
• Zeghers Canada
Further, the report segments the flax seeds market on the basis of product types, applications, end-use industries, and technology, among others. The report offers an overview of key factors influencing the revenue growth of the segment and provides insights on lucrative investment opportunities to stakeholders, investors and clients.
Linseed Market Segmentation:
• Ground seed
• Whole seed
• Food for animals and pets
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