Flax Protein Market Overview
Global flax protein market has gained a huge momentum over the historical years on the back increasing demand for functional food source and healthy diets. Flax seeds, which are commonly known as flax or linseeds, are labeled as healthy food due to high content of heart-healthy omega -3 fats, other plant compounds and fibers are present in the seeds.
Increasing awareness among consumers for improving digestion is playing a pivot role in the growth of global flax protein market over the forecast period.
Flax protein has found its demand in numerous applications and is utilized in manufacturing of various sports supplements, food and beverages and dietary products. Flax protein is expected to witness a significant growth as functional food ingredients from supplement and personal care segment.
Flax Protein: Market Drivers
With increasing awareness related to lifestyle-related diseases has created a huge impact on increasing global demand for protein enriched products. Nowadays, consumers from across the globe are opting for plant-based products such as flax protein because of rising significance regarding use of natural and organic products.
Consumers nowadays are looking for high-protein, and gluten free food which furthermore increases demand for Flax protein. However, one of the key factors for the growth of global flax protein market is the growing recognition of protein blends such as plant-based protein.
Flax seed protein can be used across wide variety of applications as it is largely available in powder form which makes it more feasible. Flax seed is loaded with protein fibers and minerals including potassium, calcium and iron and other important acids. Thus it is believed that it will be the greatest alternative protein among all the other protein types in the forecasted years.
Global Flax Protein Market: Key Players
Some of the key market actors engaged in the production and sales of flax protein products are
- Glanbia plc
- Clearspring Ltd.
- Austrade Inc.
- Leader Foods OY
- All Organic Treasures GmbH
- Omega Protein Corporation
- Organica Vita Ltd
- Quadra Chemicals Ltd.
- Other prominent players
Key players are highly emphasizing on various marketing strategies to reach consumers with their products. Innovative product development is the most preferred strategies that are being adopted by some of the prominent players in the flax protein industry. Other strategies adopted by the producers include continuous collaboration with the companies in the similar business.
Opportunities for Global Flax Protein Market Participants
North America is the leading consumer of flax protein across the globe. Over the last few years, the demand for protein has grown at a significant rate in U.S. and Canada, resulted in high demand for flax protein market in the region. Furthermore, strong demand for flax protein market has been observed across European countries includes Russia, Italy, Germany, U.K. and others.
Increasing plant-based protein consumption coupled with increasing millennial population concerned about health and food intake would surge the flax protein market during forecasted period.
Currently, flax protein industry in Asia-Pacific region holds relatively lower market share as compared to North America & Europe. However, increasing per capita consumption and transforming spending pattern will create a remunerative opportunities for key producers in the Asia Pacific region to gain more market share in upcoming years.
The flax protein market report provides a complete assessment of the market, with the help of historical data, qualitative insights, and also with supportable projections about market size. The projections featured in the report have been obtained by using confirmed research methodologies and assumptions.
The research report provides a complete understanding of analysis and information for every aspect of the Rice protein market, including: regional markets, nature, distribution channel, and source, end-use.
The Report Covers Exhaustive Analysis on
- Flax protein market segment
- Flax protein market dynamics
- Flax protein market size
- Flax protein supply and demand
- Current trends/issues/challenges pertaining to flax protein market
- Competition landscape and emerging market participants in flax protein market
- Technology related to production/processing of flax protein
- Value chain analysis of the Flax protein market
Regional Analysis Includes
- North America (U.S., Canada)
- Latin America (Mexico, Brazil, Rest of Latin America)
- Europe (Germany, U.K., France, Italy, Spain, BENELUX, Poland, Russia, Nordic, Rest of Europe)
- East Asia (China, Japan, South Korea)
- South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
- Oceania (Australia, New Zealand)
- Middle East & Africa (GCC Countries, South Africa, Rest of MEA)
The flax protein market report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases).
The report also features a complete qualitative and quantitative assessment by analysing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the Flax protein market report projects the attractiveness of each major segment over the forecast period.
Flax Protein: Market Segmentation
- Brown Flaxseed
- Golden Flaxseed
- Food Processing
- Bakery & Confectionery
- Meat Alternatives
- Functional Foods
- Dairy Replacements
- Infant Foods
- Other Food Applications
- Animal Feed
- Pet Food
- Sports Nutrition
- Infant Nutrition
- Personal Care Products
Distribution Channel :
- Direct Sales
- Indirect Sales
- Departmental Stores
- Specialty Stores
- Online Stores
- Other Retail Formats