Flax Oil Market size was valued at USD 1.2 Billion in 2024 and is forecasted to grow at a CAGR of 9% from 2026 to 2033, reaching USD 2.5 Billion by 2033.
In 2022, the global flaxseed oil market was valued at approximately $5.4 billion. The Asia Pacific region led the market, accounting for 39% of the global revenue, translating to about $2.1 billion. Within this region, China dominated with a significant market share, followed by Japan and India, which exhibited a compound annual growth rate (CAGR) of 13.6% during the forecast period. North America also held a substantial portion, with the United States achieving a market value of $2.35 billion by 2031, reflecting a CAGR of 12.3% from 2024 to 2031. Europe maintained a steady presence, driven by countries like Germany, the UK, and France, where the increasing popularity of dietary supplements and functional foods propelled the market. The growing consumer awareness of the health benefits associated with flaxseed oil, particularly its high omega 3 fatty acid content, has spurred demand across various regions. In the Asia Pacific, the integration of flaxseed oil into traditional diets and wellness practices has been notable, with an expected utilization of 262,219.6 tonnes by 2031. In North America, the trend toward plant based diets and preventive healthcare has led to a projected consumption of 30,182.0 tonnes in 2020, showcasing a growth of 14.2% from 2020 to 2023. Additionally, the cosmetics industry has contributed to the markets expansion, with an anticipated use of 67,380.1 tonnes of flaxseed oil in cosmetic applications by 2031, reflecting its versatility and growing appeal across diverse sectors.
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Yihai Kerry Arawana Holdings
Shandong Luhua Fragrant Peanut Oil
Qinghai Fulaixide Biology Technology
Sanmark Corporation
HeBei AIDU Biotechnology
Shining Gold Foodstuffs (Ningbo)
Hebei Kaikuo Food Group
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Flax Oil Market
Cold-pressed Flax Oil
Refined Flax Oil
Organic Flax Oil
Conventional Flax Oil
Food and Beverage
Cosmetics and Personal Care
Pharmaceuticals
Liquid Flax Oil
Softgel Capsules
Powdered Flax Oil
Online Retail
Supermarkets/Hypermarkets
Health Food Stores
Pharmacies
Health-conscious Consumers
Vegetarians and Vegans
Gym Enthusiasts and Athletes
Individuals with Dietary Restrictions
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Flax Oil Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Flax Oil Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Flax Oil Market, By Type
6. Global Flax Oil Market, By Application
7. Global Flax Oil Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Flax Oil Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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