Flax crop, also known as common flax or linseed, is a member of the family Linaceae. It is a well-known food and fiber crop that is cultivated in cooler regions across the world. Textiles made up of flax are popular in the Western countries as linen and primarily used for bed sheets, table linen, and underclothes. Oil produces from flax is known as linseed oil. Demand for flax crop is surging at a significant pace due to the growing demand for fiber and seeds rising from the textile, medical, and food industries. They are also gaining widespread popularity with their application in pet foods, omega-enriched food products, and flax oils, as a result of which, promising growth prospects for flax crop market has been forecasted.
MARKET DYNAMICS
The flax crop market has witnessed significant growth owing to factors such as wider application in industries including textile, paper, paints & coatings, medical, insulation, animal feed, food and beverage, and others. The fiber extracted from the flax crop is quite flexible, lustrous, and soft in nature as compared to the cotton fiber. Hence, it is widely used in linen stitching, carpets, fishing nets, and furniture. This fiber also makes an excellent raw material to be used in firefighting hose pipes, tissue papers, water bags, and knapsacks. Demand for high-quality bond papers is increasing among consumers, which is further driving the market growth for the flax crop. In addition to that, the growing demand for eco-friendly packaging among the packaging industries is opening up new opportunities for this market. The fiber obtained from flax crops serves as a desirable product for the development of packaging bags and bottles. Moreover, flax seeds are evolving as a superfood in the vegetarian and vegan diet, on account of their health-protective properties. A single serving of flax seeds is rich in essential vitamins, fibers, iron, and protein, fatty acids, and among others. However, climatic changes may hamper the cultivation of flax crop, which may further impact on the growth of the flax crop market. Nevertheless, with the steady growth in the food processing industry and agriculture industry, there are opportunities for the market players to invest in this market.
MARKET SCOPE
The "Global Flax Crop Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the flax crop market with detailed market segmentation by application, type, and geography. The global flax crop market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading flax crop market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global flax crop market is segmented on the basis of application, and type. The flax crop market on the basis of the application is classified into textile, paper, paints and coatings, medical, insulation, animal feed, food and beverage, and others. On the basis of type, global flax crop market is bifurcated into seeds, stalk parts, and straw.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global flax crop market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The flax crop market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the flax crop market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the flax crop market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global flax crop market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The flax crop market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the flax crop market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the flax crop market in these regions.
MARKET PLAYERS
The reports cover various key developments in the global flax crop market. Various companies are focusing growth strategies such as product launches, product approvals and others such as patents and events. Some of the growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from flax crop market are anticipated to lucrative growth opportunities in the future with the rising demand for flax crop in the global market. Below mentioned is the list of few companies engaged in the flax crop market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the flax crop market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Archer Daniels Midland Company
- Biolin Research Inc.
- Cargill Inc
- CHS Inc.
- Glanbia plc
- Grain Millers Inc.,
- Legumex Walker Inc.
- Linen of Desna LLC.
- Schweitzer-Mauduit International Inc.
- SunOpta Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Flax Crop Market - By Type
1.3.2 Flax Crop Market - By Application
1.3.3 Flax Crop Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. FLAX CROP MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. FLAX CROP MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. FLAX CROP MARKET - GLOBAL MARKET ANALYSIS
6.1. FLAX CROP - GLOBAL MARKET OVERVIEW
6.2. FLAX CROP - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. FLAX CROP MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. SEEDS
7.3.1. Overview
7.3.2. Seeds Market Forecast and Analysis
7.4. STALK PARTS
7.4.1. Overview
7.4.2. Stalk Parts Market Forecast and Analysis
7.5. STRAW
7.5.1. Overview
7.5.2. Straw Market Forecast and Analysis
8. FLAX CROP MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. TEXTILE
8.3.1. Overview
8.3.2. Textile Market Forecast and Analysis
8.4. PAPER
8.4.1. Overview
8.4.2. Paper Market Forecast and Analysis
8.5. PAINTS AND COATINGS
8.5.1. Overview
8.5.2. Paints and Coatings Market Forecast and Analysis
8.6. MEDICAL
8.6.1. Overview
8.6.2. Medical Market Forecast and Analysis
8.7. INSULATION
8.7.1. Overview
8.7.2. Insulation Market Forecast and Analysis
8.8. ANIMAL FEED
8.8.1. Overview
8.8.2. Animal Feed Market Forecast and Analysis
8.9. FOOD AND BEVERAGE
8.9.1. Overview
8.9.2. Food and Beverage Market Forecast and Analysis
8.10. OTHERS
8.10.1. Overview
8.10.2. Others Market Forecast and Analysis
9. FLAX CROP MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Flax Crop Market Overview
9.1.2 North America Flax Crop Market Forecasts and Analysis
9.1.3 North America Flax Crop Market Forecasts and Analysis - By Type
9.1.4 North America Flax Crop Market Forecasts and Analysis - By Application
9.1.5 North America Flax Crop Market Forecasts and Analysis - By Countries
9.1.5.1 United States Flax Crop Market
9.1.5.1.1 United States Flax Crop Market by Type
9.1.5.1.2 United States Flax Crop Market by Application
9.1.5.2 Canada Flax Crop Market
9.1.5.2.1 Canada Flax Crop Market by Type
9.1.5.2.2 Canada Flax Crop Market by Application
9.1.5.3 Mexico Flax Crop Market
9.1.5.3.1 Mexico Flax Crop Market by Type
9.1.5.3.2 Mexico Flax Crop Market by Application
9.2. EUROPE
9.2.1 Europe Flax Crop Market Overview
9.2.2 Europe Flax Crop Market Forecasts and Analysis
9.2.3 Europe Flax Crop Market Forecasts and Analysis - By Type
9.2.4 Europe Flax Crop Market Forecasts and Analysis - By Application
9.2.5 Europe Flax Crop Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Flax Crop Market
9.2.5.1.1 Germany Flax Crop Market by Type
9.2.5.1.2 Germany Flax Crop Market by Application
9.2.5.2 France Flax Crop Market
9.2.5.2.1 France Flax Crop Market by Type
9.2.5.2.2 France Flax Crop Market by Application
9.2.5.3 Italy Flax Crop Market
9.2.5.3.1 Italy Flax Crop Market by Type
9.2.5.3.2 Italy Flax Crop Market by Application
9.2.5.4 United Kingdom Flax Crop Market
9.2.5.4.1 United Kingdom Flax Crop Market by Type
9.2.5.4.2 United Kingdom Flax Crop Market by Application
9.2.5.5 Russia Flax Crop Market
9.2.5.5.1 Russia Flax Crop Market by Type
9.2.5.5.2 Russia Flax Crop Market by Application
9.2.5.6 Rest of Europe Flax Crop Market
9.2.5.6.1 Rest of Europe Flax Crop Market by Type
9.2.5.6.2 Rest of Europe Flax Crop Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Flax Crop Market Overview
9.3.2 Asia-Pacific Flax Crop Market Forecasts and Analysis
9.3.3 Asia-Pacific Flax Crop Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Flax Crop Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Flax Crop Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Flax Crop Market
9.3.5.1.1 Australia Flax Crop Market by Type
9.3.5.1.2 Australia Flax Crop Market by Application
9.3.5.2 China Flax Crop Market
9.3.5.2.1 China Flax Crop Market by Type
9.3.5.2.2 China Flax Crop Market by Application
9.3.5.3 India Flax Crop Market
9.3.5.3.1 India Flax Crop Market by Type
9.3.5.3.2 India Flax Crop Market by Application
9.3.5.4 Japan Flax Crop Market
9.3.5.4.1 Japan Flax Crop Market by Type
9.3.5.4.2 Japan Flax Crop Market by Application
9.3.5.5 South Korea Flax Crop Market
9.3.5.5.1 South Korea Flax Crop Market by Type
9.3.5.5.2 South Korea Flax Crop Market by Application
9.3.5.6 Rest of Asia-Pacific Flax Crop Market
9.3.5.6.1 Rest of Asia-Pacific Flax Crop Market by Type
9.3.5.6.2 Rest of Asia-Pacific Flax Crop Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Flax Crop Market Overview
9.4.2 Middle East and Africa Flax Crop Market Forecasts and Analysis
9.4.3 Middle East and Africa Flax Crop Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Flax Crop Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Flax Crop Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Flax Crop Market
9.4.5.1.1 South Africa Flax Crop Market by Type
9.4.5.1.2 South Africa Flax Crop Market by Application
9.4.5.2 Saudi Arabia Flax Crop Market
9.4.5.2.1 Saudi Arabia Flax Crop Market by Type
9.4.5.2.2 Saudi Arabia Flax Crop Market by Application
9.4.5.3 U.A.E Flax Crop Market
9.4.5.3.1 U.A.E Flax Crop Market by Type
9.4.5.3.2 U.A.E Flax Crop Market by Application
9.4.5.4 Rest of Middle East and Africa Flax Crop Market
9.4.5.4.1 Rest of Middle East and Africa Flax Crop Market by Type
9.4.5.4.2 Rest of Middle East and Africa Flax Crop Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Flax Crop Market Overview
9.5.2 South and Central America Flax Crop Market Forecasts and Analysis
9.5.3 South and Central America Flax Crop Market Forecasts and Analysis - By Type
9.5.4 South and Central America Flax Crop Market Forecasts and Analysis - By Application
9.5.5 South and Central America Flax Crop Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Flax Crop Market
9.5.5.1.1 Brazil Flax Crop Market by Type
9.5.5.1.2 Brazil Flax Crop Market by Application
9.5.5.2 Argentina Flax Crop Market
9.5.5.2.1 Argentina Flax Crop Market by Type
9.5.5.2.2 Argentina Flax Crop Market by Application
9.5.5.3 Rest of South and Central America Flax Crop Market
9.5.5.3.1 Rest of South and Central America Flax Crop Market by Type
9.5.5.3.2 Rest of South and Central America Flax Crop Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. FLAX CROP MARKET, KEY COMPANY PROFILES
11.1. ARCHER DANIELS MIDLAND COMPANY
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. BIOLIN RESEARCH INC.
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. CARGILL INC.
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. CHS INC.
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. GLANBIA PLC
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. GRAIN MILLERS INC.
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. LEGUMEX WALKER INC.
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. LINEN OF DESNA LLC.
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. SCHWEITZER-MAUDUIT INTERNATIONAL INC.
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. SUNOPTA INC.
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Archer Daniels Midland Company
2. Biolin Research Inc.
3. Cargill Inc.
4. CHS Inc.
5. Glanbia plc
6. Grain Millers Inc.
7. Legumex Walker Inc.
8. Linen of Desna LLC.
9. Schweitzer-Mauduit International Inc.
10. SunOpta Inc.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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