Report Code: A16169 | Nov 2023 | Pages: NA | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Linseed Seeds Market
Request Now !Linseed has become more popular in the food sector due to its great nutritional content. Linseed was utilized in the manufacturing of paints, varnishes, and other industrial items in the past. It is mostly processed to generate linseed oil, which is then used to make linseed meal, which is widely used in animal feed. High-quality organic linseed is being offered by manufacturers for certain end-use sectors, which is a primary driver that is predicted to push demand. The research discusses the causes that have contributed to rapid expansion in Latin America, South Asia, and East Asia, as well as the influence of COVID-19 on the food ingredients industry in general and linseed demand in particular.
COVID-19 Impact Analysis
Top Impacting Factors
Market Trends
The market is being driven by the growing popularity of super foods
Linseed powder is used to increase the taste and nutritional value of a variety of foods. It is utilized as a food preservative. Linseed is being added to some juices, ice creams, and snacks to boost the nutritional value of the items. The bread industry's demand for linseed meal is predicted to increase as the vegan population grows. Linseed meal is utilized in bakery items such as cookies, muffins, and pancakes as an egg substitute, which is likely to boost market growth throughout the forecast period.
As customers become increasingly interested in natural and nutritious ingredients, the popularity of "Super" ingredients has risen dramatically in recent years, owing to product introductions. These foods are high in polyphenols, anti-oxidants, vitamins, and minerals, giving them great nutritional value.Consumer inclination for functional and health-based naturally sourced products drives the market. Because of their huge demand around the world, linseeds are frequently available in supermarket stores. The accessibility of supermarkets, as opposed to traditional grocery stores and convenience stores, may be a crucial role in the sale of "superfoods," like linseeds.
Asia Pacific is the world's largest producer of linseed
The Asia Pacific region dominated the linseeds market in 2018, accounting for 37.1 percent of total sales. Over the forecast period, the region is likewise expected to have the fastest growth. Asia Pacific is one of the world's largest linseed exporters and producers. The export of linseed from Asia Pacific is expected to increase dramatically in the next years as demand from developing and developed nations grows.
The Asia-Pacific area produces the most linseed in the world. In Asia-Pacific, China, India, Australia, Kazakhstan, and Iraq are the top producers and consumers of linseeds. China and India are the markets with the most potential for consumption development among these countries. Linseeds are consumed as whole grains throughout Asia-Pacific, and they are also used to extract linseed oil. Consumer knowledge of the multiple health benefits of linseeds, such as its anti-cancer and anti-obesity characteristics, capacity to aid the digestive system, position as a weight loss promoter and hormone balancer, and high Omega-3 fatty acid content, is driving growth in this market. Linseed oil is widely used to lower cholesterol and treat high blood pressure in humans.
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Linseed Seeds Market Report Highlights
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Key Market Players | Company4, Company10, Company6, Company2, Company1, Company8, Company7, Company3, Company9, Company5 |
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