Flax Crop Market – Global Industry Analysis and Forecast (2023-2029)

The Flax Crop Market was valued US$ 670.8 Mn in 2022 and is expected to grow around US$ 1455.38 Mn by 2029, at a CAGR of around 11.7 % during the forecast period. Flax , recognized as linseed, is a crop mostly cultured in the chiller regions of the world. Flax plants have two types, one which yields blue flowers and the second-one which yields white flowers. Plants with white flowers produce rough and strong fibers compared to plants with blue flowers. Products of the flax crop, containing seeds, straw, fibers, and stalk, are used in several industries like medical, textile, and food. Weed control and optimum use of fertilizers, for example, Nitrogen, Phosphorous, and Potassium determine the yield of the crop.Flax Crop MarketTo know about the Research Methodology :- Request Free Sample Report The report study has analyzed the revenue impact of COVID-19 pandemic on the sales revenue of market leaders, market followers, and market disrupters in the report, and the same is reflected in our analysis. The  market has seen substantial growth, on account of factors, such as varied applications in industries including textile, paper, paints & coatings, medical, animal feed, food & beverage, and others. The fiber extracted from the  is relatively flexible, shiny, and soft as associated with the cotton fiber. Therefore, it is generally used in linen stitching, carpets, fishing nets, and furniture. This fiber also makes an outstanding raw material to be used in firefighting hosepipe, tissue papers, water bags, and knapsacks. Demand for superior bond papers is increasing among consumers, which is supplementary driving the market growth for the flax crop. As well as, the demand for biodegradable packaging among the packaging industries is opening up new opportunities for the  market. On the other hand, climatic changes may hinder the cultivation of flax crops, which may negatively influence the growth of the crop market. By application, the textile segment expected to hold the largest market share of the global market by 2029. This is mainly, because of textiles made from flax plants are recognized as linen, which is mostly designed for bed sheets, table linen, and under-garments. Region-wise, North America held significant revenue in the global crop market in 2022, this is because of the advanced existence of crop producers in the region. In North America, the country like, U.S. is the most productive market for flax crops. The objective of the report is to present a comprehensive analysis of the Global Flax Crop Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global  Market dynamics, structure by analyzing the market segments and project the Global Crop Market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Flax Crop Market make the report investor’s guide.

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Flax Crop Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2018 to 2022 Market Size in 2022: US $ 670.8 Mn.
Forecast Period 2023 to 2029 CAGR: 11.7% Market Size in 2029: US $ 1455.38  Mn.
Segments Covered: by Product Seeds Stalk Parts Straw
by Application Textile Paper Paints and Coatings Medical Insulation Animal Feed Food and Beverage Others
by Form Flax Seed Oil Ground Flax Seed Whole Flax Seed

Flax Crop Market, by Region

North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest)

Key Players are:

1.Legumex Walker Inc. 2.Biolin Research Inc. 3.Cargill Inc. 4.Glanbia plc 5.Archer Daniels Midland Company 6.SunOpta Inc. 7.Grain Millers Inc. 8.Linen of Desna LLC. 9.CHS Inc. 10.Schweitzer-Mauduit International Inc. 11.SWM INTL 12.FIT 13.CBM 14.Meyenberg 15.Kabrita 16.MilkGoat 17.Guanshan 18.Red Star 19.Avh Dairy 20.Australian Nature Dairy 21.One Degree Organic Foods Frequently Asked questions 1. What is the market size of the Global Flax Crop Market in 2022? Ans. The market size Global Market in 2022 was US$ 670.8 Million. 2. What are the different segments of the Global Flax Crop Market? Ans. The Global Flax Crop Market  is divided into Product, Form and Application. 3. What is the study period of this market? Ans. The Global Flax Crop Market will be studied from 2022 to 2029. 4. Which region is expected to hold the highest Global Flax Crop Market share? Ans. The Asia Pacific dominates the market share in the  market. 5. What  is the Forecast Period of Global Flax Crop Market? Ans. The Forecast Period of the market is 2023-2029 in the market.
1. Global Flax Crop Market: Research Methodology 2. Global Flax Crop Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to Global Flax Crop Market 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Flax Crop Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • South America 3.12 COVID-19 Impact 4. Global Flax Crop Market Segmentation 4.1 Global Flax Crop Market, by Product (2022-2029) • Seeds • Stalk Parts • Straw 4.2 Global Flax Crop Market, by Application (2022-2029) • Textile • Paper • Paints and Coatings • Medical • Insulation • Animal Feed • Food and Beverage • Others 4.3 Global Flax Crop Market, by Form (2022-2029) • Flax Seed Oil • Ground Flax Seed • Whole Flax Seed 5. North America Flax Crop Market(2022-2029) 5.1 North America Flax Crop Market, by Product (2022-2029) • Seeds • Stalk Parts • Straw 5.2 North America Flax Crop Market, by Application (2022-2029) • Textile • Paper • Paints and Coatings • Medical • Insulation • Animal Feed • Food and Beverage • Others 5.3 North America Flax Crop Market, by Form (2022-2029) • Flax Seed Oil • Ground Flax Seed • Whole Flax Seed 5.4 North America Flax Crop Market, by Country (2022-2029) • United States • Canada • Mexico 6. Europe Flax Crop Market (2022-2029) 6.1. European Flax Crop Market, by Product (2022-2029) 6.2. European Flax Crop Market, by Application (2022-2029) 6.3. European Flax Crop Market, by Form (2022-2029) 6.4. European Flax Crop Market, by Country (2022-2029) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Flax Crop Market (2022-2029) 7.1. Asia Pacific Flax Crop Market, by Product (2022-2029) 7.2. Asia Pacific Flax Crop Market, by Application (2022-2029) 7.3. Asia Pacific Flax Crop Market, by Form (2022-2029) 7.4. Asia Pacific Flax Crop Market, by Country (2022-2029) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Middle East and Africa Flax Crop Market (2022-2029) 8.1 Middle East and Africa Flax Crop Market, by Product (2022-2029) 8.2. Middle East and Africa Flax Crop Market, by Application (2022-2029) 8.3. Middle East and Africa Flax Crop Market, by Form (2022-2029) 8.4. Middle East and Africa Flax Crop Market, by Country (2022-2029) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. South America Flax Crop Market (2022-2029) 9.1. South America Flax Crop Market, by Product (2022-2029) 9.2. South America Flax Crop Market, by Application (2022-2029) 9.3. South America Flax Crop Market, by Form (2022-2029) 9.4 South America Flax Crop Market, by Country (2022-2029) • Brazil • Argentina • Rest Of South America 10. Company Profile: Key players 10.1 Legumex Walker Inc. 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2 Biolin Research Inc. 10.3 Cargill Inc. 10.4 Glanbia plc 10.5 Archer Daniels Midland Company 10.6 SunOpta Inc. 10.7 Grain Millers Inc. 10.8 Linen of Desna LLC. 10.9 CHS Inc. 10.10 Schweitzer-Mauduit International Inc. 10.11 SWM INTL 10.12 FIT 10.13 CBM 10.14 Meyenberg 10.15 Kabrita 10.16 MilkGoat 10.17 Guanshan 10.18 Red Star 10.19 Avh Dairy 10.20 Australian Nature Dairy 10.21 One Degree Organic Foods