The Latin America, Middle East and Africa Flaxseeds Market would witness market growth of 14.9% CAGR during the forecast period (2023-2030).
Innovative packaging and delivery methods, such as flax seed oil capsules, provide consumers with convenient ways to incorporate the health benefits of Flaxseeds into their daily routines. Developing new functional food products containing these seeds, such as flax-enriched yogurt and snack bars, capitalizes on consumer interest in foods that offer specific health benefits. Innovations in sustainable farming practices, including organic and regenerative agriculture, aim to improve the quality and yield of Flaxseeds while minimizing environmental impact. The market has introduced value-added flax seed products, such as roasted Flaxseeds with unique flavor profiles and ready-to-eat flax seed snacks.
Established agricultural companies with access to extensive farmlands and distribution networks significantly supply these seeds to various industries. They often cater to both food and non-food sectors. Some companies focus exclusively on producing high-quality seeds for specific markets, such as the food industry or dietary supplement manufacturers. These specialty producers often prioritize organic and non-GMO Flaxseeds. Companies that offer a range of flax-based products, including flax seed oil, flax seed powder, and whole Flaxseeds, have a competitive edge. This diversification allows them to cater to various consumer needs and industries.
As per the fact sheets released by the Government of Brazil and updated in November 2022, the promotion of agricultural production in Brazil is responsible for producing one in five of the world’s plates of food. Family farmers are responsible for putting food on Brazil’s tables and are a priority in the Crop Plan – which offers even lower interest rates on credits, at 5% and 6%. The 2022/2023 Crop Plan made another BRL 340 billion in credits available to rural producers – equivalent to more than USD 60 billion. Additionally, A growing emphasis on health and wellness has also been observed in the United Arab Emirates (UAE) in recent years, with locals and visitors adopting various trends and practices to enhance their physical and mental well-being. Many restaurants and cafes in the UAE offer vegan and plant-based menu options. Therefore, the demand for the seeds is expected to grow in the LAMEA region.
The Brazil market dominated the LAMEA Flaxseeds Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $36,764.7 Thousand by 2030. The Argentina market is showcasing a CAGR of 15.6% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 14.6% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Flaxseeds Market is Projected to reach USD 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
Scope of the Study
Market Segments Covered in the Report:
By Product
By Application
- Food
- Animal & Pet Food
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- 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
- Stokes Seeds
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Flax Seeds Market, by Product
1.4.2 LAMEA Flax Seeds Market, by Application
1.4.3 LAMEA Flax Seeds Market, by Country
1.5 Methodology for the research
Chapter 2. Market At a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter’s Five Force Analysis
Chapter 4. LAMEA Flaxseeds Market by Product
4.1 LAMEA Ground Seed Market by Country
4.2 LAMEA Whole Seed Market by Country
Chapter 5. LAMEA Flaxseeds Market by Application
5.1 LAMEA Food Market by Country
5.2 LAMEA Animal & Pet Food Market by Country
5.3 LAMEA Others Market by Country
Chapter 6. LAMEA Flaxseeds Market by Country
6.1 Brazil Flaxseeds Market
6.1.1 Brazil Flaxseeds Market by Product
6.1.2 Brazil Flaxseeds Market by Application
6.2 Argentina Flaxseeds Market
6.2.1 Argentina Flaxseeds Market by Product
6.2.2 Argentina Flaxseeds Market by Application
6.3 UAE Flaxseeds Market
6.3.1 UAE Flaxseeds Market by Product
6.3.2 UAE Flaxseeds Market by Application
6.4 Saudi Arabia Flaxseeds Market
6.4.1 Saudi Arabia Flaxseeds Market by Product
6.4.2 Saudi Arabia Flaxseeds Market by Application
6.5 South Africa Flaxseeds Market
6.5.1 South Africa Flaxseeds Market by Product
6.5.2 South Africa Flaxseeds Market by Application
6.6 Nigeria Flaxseeds Market
6.6.1 Nigeria Flaxseeds Market by Product
6.6.2 Nigeria Flaxseeds Market by Application
6.7 Rest of LAMEA Flaxseeds Market
6.7.1 Rest of LAMEA Flaxseeds Market by Product
6.7.2 Rest of LAMEA Flaxseeds Market by Application
Chapter 7. Company Profiles
7.1 Cargill, Incorporated
7.1.1 Company Overview
7.1.2 SWOT Analysis
7.2 Archer Daniels Midland Company
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Product Launches and Product Expansions:
7.2.6 SWOT Analysis
7.3 Richardson International Limited (James Richardson & Sons, Limited)
7.3.1 Company Overview
7.3.2 SWOT Analysis
7.4 TA Foods Ltd.
7.4.1 Company Overview
7.4.2 SWOT Analysis
7.5 Johnson Seeds Ltd.
7.5.1 Company Overview
7.5.2 SWOT Analysis
7.6 AgMotion, Inc.
7.6.1 Company Overview
7.6.2 SWOT Analysis
7.7 CanMar Foods Ltd.
7.7.1 Company Overview
7.7.2 SWOT Analysis
7.8 Simosis International
7.8.1 Company Overview
7.8.2 SWOT Analysis
7.9 Stokes Seeds
7.9.1 Company Overview
7.9.2 SWOT Analysis
TABLE 1 LAMEA Flaxseeds Market, 2019 - 2022, USD Thousand
TABLE 2 LAMEA Flaxseeds Market, 2023 - 2030, USD Thousand
TABLE 3 LAMEA Flaxseeds Market by Product, 2019 - 2022, USD Thousand
TABLE 4 LAMEA Flaxseeds Market by Product, 2023 - 2030, USD Thousand
TABLE 5 LAMEA Ground Seed Market by Country, 2019 - 2022, USD Thousand
TABLE 6 LAMEA Ground Seed Market by Country, 2023 - 2030, USD Thousand
TABLE 7 LAMEA Whole Seed Market by Country, 2019 - 2022, USD Thousand
TABLE 8 LAMEA Whole Seed Market by Country, 2023 - 2030, USD Thousand
TABLE 9 LAMEA Flaxseeds Market by Application, 2019 - 2022, USD Thousand
TABLE 10 LAMEA Flaxseeds Market by Application, 2023 - 2030, USD Thousand
TABLE 11 LAMEA Food Market by Country, 2019 - 2022, USD Thousand
TABLE 12 LAMEA Food Market by Country, 2023 - 2030, USD Thousand
TABLE 13 LAMEA Animal & Pet Food Market by Country, 2019 - 2022, USD Thousand
TABLE 14 LAMEA Animal & Pet Food Market by Country, 2023 - 2030, USD Thousand
TABLE 15 LAMEA Others Market by Country, 2019 - 2022, USD Thousand
TABLE 16 LAMEA Others Market by Country, 2023 - 2030, USD Thousand
TABLE 17 LAMEA Flaxseeds Market by Country, 2019 - 2022, USD Thousand
TABLE 18 LAMEA Flaxseeds Market by Country, 2023 - 2030, USD Thousand
TABLE 19 Brazil Flaxseeds Market, 2019 - 2022, USD Thousand
TABLE 20 Brazil Flaxseeds Market, 2023 - 2030, USD Thousand
TABLE 21 Brazil Flaxseeds Market by Product, 2019 - 2022, USD Thousand
TABLE 22 Brazil Flaxseeds Market by Product, 2023 - 2030, USD Thousand
TABLE 23 Brazil Flaxseeds Market by Application, 2019 - 2022, USD Thousand
TABLE 24 Brazil Flaxseeds Market by Application, 2023 - 2030, USD Thousand
TABLE 25 Argentina Flaxseeds Market, 2019 - 2022, USD Thousand
TABLE 26 Argentina Flaxseeds Market, 2023 - 2030, USD Thousand
TABLE 27 Argentina Flaxseeds Market by Product, 2019 - 2022, USD Thousand
TABLE 28 Argentina Flaxseeds Market by Product, 2023 - 2030, USD Thousand
TABLE 29 Argentina Flaxseeds Market by Application, 2019 - 2022, USD Thousand
TABLE 30 Argentina Flaxseeds Market by Application, 2023 - 2030, USD Thousand
TABLE 31 UAE Flaxseeds Market, 2019 - 2022, USD Thousand
TABLE 32 UAE Flaxseeds Market, 2023 - 2030, USD Thousand
TABLE 33 UAE Flaxseeds Market by Product, 2019 - 2022, USD Thousand
TABLE 34 UAE Flaxseeds Market by Product, 2023 - 2030, USD Thousand
TABLE 35 UAE Flaxseeds Market by Application, 2019 - 2022, USD Thousand
TABLE 36 UAE Flaxseeds Market by Application, 2023 - 2030, USD Thousand
TABLE 37 Saudi Arabia Flaxseeds Market, 2019 - 2022, USD Thousand
TABLE 38 Saudi Arabia Flaxseeds Market, 2023 - 2030, USD Thousand
TABLE 39 Saudi Arabia Flaxseeds Market by Product, 2019 - 2022, USD Thousand
TABLE 40 Saudi Arabia Flaxseeds Market by Product, 2023 - 2030, USD Thousand
TABLE 41 Saudi Arabia Flaxseeds Market by Application, 2019 - 2022, USD Thousand
TABLE 42 Saudi Arabia Flaxseeds Market by Application, 2023 - 2030, USD Thousand
TABLE 43 South Africa Flaxseeds Market, 2019 - 2022, USD Thousand
TABLE 44 South Africa Flaxseeds Market, 2023 - 2030, USD Thousand
TABLE 45 South Africa Flaxseeds Market by Product, 2019 - 2022, USD Thousand
TABLE 46 South Africa Flaxseeds Market by Product, 2023 - 2030, USD Thousand
TABLE 47 South Africa Flaxseeds Market by Application, 2019 - 2022, USD Thousand
TABLE 48 South Africa Flaxseeds Market by Application, 2023 - 2030, USD Thousand
TABLE 49 Nigeria Flaxseeds Market, 2019 - 2022, USD Thousand
TABLE 50 Nigeria Flaxseeds Market, 2023 - 2030, USD Thousand
TABLE 51 Nigeria Flaxseeds Market by Product, 2019 - 2022, USD Thousand
TABLE 52 Nigeria Flaxseeds Market by Product, 2023 - 2030, USD Thousand
TABLE 53 Nigeria Flaxseeds Market by Application, 2019 - 2022, USD Thousand
TABLE 54 Nigeria Flaxseeds Market by Application, 2023 - 2030, USD Thousand
TABLE 55 Rest of LAMEA Flaxseeds Market, 2019 - 2022, USD Thousand
TABLE 56 Rest of LAMEA Flaxseeds Market, 2023 - 2030, USD Thousand
TABLE 57 Rest of LAMEA Flaxseeds Market by Product, 2019 - 2022, USD Thousand
TABLE 58 Rest of LAMEA Flaxseeds Market by Product, 2023 - 2030, USD Thousand
TABLE 59 Rest of LAMEA Flaxseeds Market by Application, 2019 - 2022, USD Thousand
TABLE 60 Rest of LAMEA Flaxseeds Market by Application, 2023 - 2030, USD Thousand
TABLE 61 Key Information – Cargill, Incorporated
TABLE 62 Key Information – Archer Daniels Midland Company
TABLE 63 Key Information – Richardson International Limited
TABLE 64 Key Information – TA Foods Ltd.
TABLE 65 Key Information – Johnson Seeds Ltd.
TABLE 66 Key Information – AgMotion, Inc.
TABLE 67 Key Information – CanMar Foods Ltd.
TABLE 68 Key Information – Simosis International
TABLE 69 Key Information – Stokes Seeds
List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Flaxseeds Market, 2019 - 2030, USD Thousand
FIG 3 Key Factors Impacting the Flax Seeds Market
FIG 4 Porter’s Five Force Analysis: Flax Seeds Market
FIG 5 LAMEA Flaxseeds Market Share by Product, 2022
FIG 6 LAMEA Flaxseeds Market Share by Product, 2030
FIG 7 LAMEA Flaxseeds Market by Product, 2019 - 2030, USD Thousand
FIG 8 LAMEA Flaxseeds Market Share by Application, 2022
FIG 9 LAMEA Flaxseeds Market Share by Application, 2030
FIG 10 LAMEA Flaxseeds Market by Application, 2019 - 2030, USD Thousand
FIG 11 LAMEA Flaxseeds Market Share by Country, 2022
FIG 12 LAMEA Flaxseeds Market Share by Country, 2030
FIG 13 LAMEA Flaxseeds Market by Country, 2019 - 2030, USD Thousand
FIG 14 SWOT Analysis: Cargill, Incorporated
FIG 17 SWOT Analysis: TA Foods Ltd.
FIG 18 SWOT Analysis: Johnson Seeds Ltd.
FIG 19 SWOT Analysis: AgMotion, Inc.
FIG 20 SWOT Analysis: CanMar Foods Ltd.
FIG 21 SWOT Analysis: Simosis International
FIG 22 SWOT Analysis: Stokes Seeds