The North American Flaxseed Market is expected to reach approximately US$355.7 million by the end of 2027, in terms of revenue, growing at a CAGR of 3.6% during the forecast period (2019-2027).
According to “Coherent Market Insights”, the latest report titled Global flaxseed market in North America the research provides a comprehensive estimate of the CAGR of the relevant period in percentages which will guide the users to make decisions based on the choice against the predicted chart. An in-depth study of the competitive landscape of the Global North America Flaxseed Market has been carried out, featuring information on company profiles, financial status, recent developments, mergers and acquisitions, and SWOT analysis. This research report will give the readers a clear idea of the overall market scenario to decide further about this project.
Flaxseed is a rich source of omega-3 fatty acids, fiber and essential fatty acids. It is known to reduce the risk of heart disease and is also a possible treatment for arrhythmia and heart failure. It may also be beneficial for lowering cholesterol levels. High levels of LDL cholesterol are linked to high blood pressure, diabetes, and metabolic syndrome. Although flaxseeds can be a good addition to a diet, they should be eaten with caution.
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Some of the key players profiled in the study are:
AgMotion Inc., Linwoods Health Foods, CanMar Grain Products Ltd., TA Foods Limited, Archer Daniels Midland Company, Stober Farms LLC, Heartland Flax, Shape Foods Inc., Healthy Food Ingredients LLC, Zeghers Seed Inc. and Bioriginal Food & Science company
Key Market Drivers:
Rising flaxseed plantings are expected to propel the growth of the North American flaxseed market over the forecast period. For example, according to AmeriFlax, a trade organization that represents flax growers in North Dakota, said growers aim to plant 400,000 acres of flaxseed in 2021, a 31% increase from 2020. Additionally, North Dakota is expected to see a 43% increase in planting in 2021, compared to 2020. Additionally, the launch of flaxseed dietary supplements is also expected to propel the growth of the North American flaxseed market over the forecast period. For example, in December 2021, Neo Bites, a sustainable pet food startup, launched the first line of functional toppers for dogs made with insect protein, flaxseed and peanuts.
Covid-19 impact analysis:
Globally, as of 6:18 p.m. CET, 4 January 2022, 290,959,019 confirmed cases of COVID-19, including 5,446,753 deaths, have been reported to WHO. As of January 3, 2022, a total of 8,693,832,171 vaccine doses have been administered. The emergence of Covid-19 has led to an increase in health awareness among the population, which is expected to boost the demand for flax seeds.
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Global North America Flaxseed Market Report Provides Comprehensive Analysis of:
Diagram of the flaxseed industry in North America.
Upstream and downstream industry survey.
The saving effect includes the diagnosis.
Channels and plausibility of speculation.
Market competition by players.
Review of recommendations for improvement.
Finally, a North America Flaxseed Market report is the credible source for getting the market research that will exponentially accelerate your business. The report gives major locale, economic situations with item value, advantage, limit, generation, supply, demand and market development rate and figure etc. The North America Flaxseed industry report also features a new SWOT examination, speculation accessibility survey, and company return survey. It is extremely crucial to have a fair understanding of market sentiment for a strategy. This overview will help to get an overview of market sentiment. We maintain this oversight by engaging with key opinion leaders across the value chain of each industry we track.
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What to expect from this North America Flaxseed Market report:
➼ You can make your business development plans when you have information about production value, production cost, product value, etc. for the next five years.
➼ A detailed overview of regional distributions and popular product types in the North America Flaxseed market.
➼ How are large companies and mid-level manufacturers making profit in North America Flaxseed Market?
➼ Estimate the break-in for new players wishing to enter the flaxseed market in North America.
➼ Detailed research on the overall North America Flaxseed market expansion that helps you to decide on product launch and asset development.
North American Flaxseed [email protected]https://www.coherentmarketinsights.com/press-release/north-america-flaxseed-market-2990
Coherent Market Insights is a North American flaxseed market intelligence and advisory organization that provides syndicated research reports, custom research reports, and consulting services. We’re known for our actionable insights and genuine reports in a variety of fields, including aerospace and defense, agriculture, food and beverage, automotive, chemicals and materials, and virtually any field and an exhaustive list of subdomains under the sun. We create value for our clients through our highly reliable and accurate reports. We are also committed to playing a leading role in providing insight in various post-COVID-19 sectors and to continuing to deliver measurable and sustainable results to our clients.
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