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(Construction.IndustryNews247.Com, October 02, 2018 ) The global Linseed Oil Market generated USD 756 million in 2017 and is anticipated to grow at a CAGR of 2.7% during the forecast period.
Rising demand from paint industry for development of low VOC content and sustainable paints along with significantly rising demand from packaged food and pharmaceutical products are expected to be the major driving factors for the linseed oil market. China is the globally leading producer of linseeds or flaxseeds followed by Russia, Argentina and Kazakhstan among the others. Majority of the oil consumption actually is within the healthy or nutrition rich food and bakery segments and its share of consumption is increasing in the food industry worldwide. As flaxseed oil is derived from the enormously nutritious and disease preventing flaxseed.
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It is rich in fatty acids and healthy omega-3 components that make it a suitable alternative for several chemical products used in pharmaceuticals, cosmetics and even in food products. Some of the major benefits of the product include its ability to help in weight loss, relieves in situations of diarrhea, budwig diet protocol for cancer, removes cellulite and eczema, helps in treating sjogren syndrome, and boost heart health.
Demand from a wide range of end-use products such as paints & coatings, varnishes, organic packaged food, pharmaceuticals, flooring etc. has been increasing over the past few years however a bit sluggish though. Organic linseed oil that are unrefined and cold pressed are widely made available in the present market scenario owing to its positive role in human nutrition as demand for organic food products has grown significantly.
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Linseed oils of the food grade are significantly rich in fatty acids. Alpha linolenic acid present in the product is a type of omega-3 fatty acids that are beneficial for a healthy heart. The product also possess antioxidant properties owing to the presence of lignans are beneficial to avoid deadly diseases like cancer. The oil also acts as a natural laxative as it is also capable of alleviating inflammation and pain of body parts in sever situations.
The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the Global Linseed Oil Market, 2017-2026. This report comprises a detailed geographic distribution of the market across North America, Europe, APAC and South America, and MEA. North America is further segmented into U.S., Canada. Europe is divided into Germany, UK, Italy, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific.
Competitive Landscape and Key Vendors
Asia Pacific was the largest regional market in the global linseed oil market. Increasing demand from the region’s significantly developing pharmaceutical, personal care, paint and food processing industry which has been growing in proportional to the region’s rising economy is anticipated to be the primary source for the regional linseed oil market growth.
Some of the leading industry players in the linseed oil market include Barlean’s, Bioriginal Food & Science Corp, Natural Factors Inc., Natrol LLC, Archer Daniels Midland (ADM) Company, Cargill, Incorporated, Krishi Oils Limited (KOL), Henry Lamotte Oils GmbH, Gustav Heess GmbH and granoVita.
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Key Segments
Application Type
• Processed Food
• Paints Varnishes
• Cosmetics
• Flooring
• Pharmaceuticals
• Others
Region
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Rest of Europe
• Asia-Pacific
o China
o India
o Pakistan
o Rest of Asia-Pacific
• Latin America
o Brazil
o Rest of Latin America
• Middle East and Africa
About us Polaris Market Research
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