The Europe Flaxseeds Market would witness market growth of 12% CAGR during the forecast period (2023-2030).
Flaxseeds are used in animal nutrition, particularly in the feed for poultry and livestock. The high omega-3 content in seeds can improve meat quality and healthier animal products, which resonates with consumers seeking more nutritious food choices. Flax seed oil is a valued cosmetic and personal care ingredient due to its moisturizing and anti-inflammatory properties. Beyond food and personal care, these seeds are utilized in various industrial applications. They are used in manufacturing textiles, paper, and linoleum flooring, where their fibers provide strength and durability.
The market has seen a surge in demand in recent years, driven by evolving preferences and awareness of the health benefits of these seeds. Growing awareness about the health benefits of Flaxseeds, such as their omega-3 fatty acids, fiber, and lignans, has driven their adoption as a dietary staple. These seeds are sought after for their potential to support heart health, digestive health, and overall well-being.
Rising heart health concerns in the United Kingdom have generated demand for food options like Flaxseeds. According to the article named Cardiovascular Disease Prevention: applying All Our Health, updated on 10 March 2022 by the Government of the United Kingdom, nearly 7 million people are living with CVD in England, and it contributes to over a quarter of deaths each year. Health and social care costs in England relating to CVD are estimated at £7.4 billion annually, with wider economic costs estimated at £15.8 billion annually. The soluble and insoluble fiber in the seeds supports digestive health and may indirectly benefit heart health by promoting overall well-being. As a result, the demand for Flaxseeds is expected to grow in the region.
The Germany market dominated the Europe Flaxseeds Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $108,767 Thousand by 2030. The UK market is exhibiting a CAGR of 11.1% during (2023 - 2030). Additionally, The France market would experience a CAGR of 12.9% during (2023 - 2030).
Based on Product, the market is segmented into Ground Seed, and Whole Seed. Based on Application, the market is segmented into Food, Animal & Pet Food, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Flaxseeds Market will Hit $1.7 Billion by 2030, at a CAGR of 12.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Cargill, Incorporated, Archer Daniels Midland Company, Richardson International Limited (James Richardson & Sons, Limited), TA Foods Ltd., Johnson Seeds Ltd., AgMotion, Inc., CanMar Foods Ltd., Simosis International and Stokes Seeds
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