Linseed Oil Market Size, Share, Industry Trends, Growth Drivers, Opportunities, Key Players Analysis, Regional Outlook and Forecast Report (2025–2032)

The Linseed Oil Market Size was valued at USD 3.42 Bn in 2024 and is projected to reach USD 5.37 Bn by 2032, growing at a CAGR of 5.8%, driven by rising demand in coatings and cosmetics.
Linseed Oil Market Overview
Linseed oil is a natural oil extracted from flaxseeds. It is commonly used as a drying oil in paints, varnishes, and wood finishes due to its ability to harden into a tough, protective film. It is also used in woodworking and as a nutritional supplement.

The linseed oil market is experiencing steady growth, driven by increasing demand from the paints & coatings industry, wood finishing applications, and health supplements. According to the U.S. Department of Agriculture (USDA), global flaxseed production reached 3.2 million metric tons in 2023, supporting the linseed oil supply. The European Union dominates the market, accounting for over 35% of global consumption, as stringent environmental regulations favour bio-based products in the construction and automotive coatings sectors.

In India, the government’s National Mission on Oilseeds and Oil Palm (NMOOP) promotes flaxseed cultivation, boosting domestic linseed oil production. Emerging trends include the use of linseed oil in biodegradable lubricants, natural cosmetics, and cold-pressed health products, with sustainability certifications gaining traction. The Asia-Pacific region is expected to witness the fastest growth, supported by rising disposable incomes and government initiatives promoting bio-based products.

The reports also help in understanding the Linseed Oil Market dynamics and structure by analyzing the market segments and projecting the Linseed Oil Market size. Clear representation of competitive analysis of key players by Design, price, financial position, product portfolio, growth strategies, and regional presence in the Linseed Oil Market makes the report an investor’s guide.To know about the Research Methodology :- Request Free Sample Report
Global Linseed Oil Market Dynamics
Increase the nutrition consciousness to drive the Linseed Oil Market.
Increasing harvester attention with regard to linseed oil in farming to increase the nutrition consciousness among the users will boost the product demand. Fats and omega acids, and many other nutrients, are contained in linseed oil. It is used by many end-users like pharmaceuticals, painters and vanishers, cosmetics, etc. In paint formulations, it is used as a carrier. More idiosyncrasy that makes the paint more preferable and upgrades the quality of the product. For the cosmetics industry, it is very useful for the moisture of skin it contains antioxidants that help to maintain it and keep within the concerned parameters. The perception of consumers is changing from chemical ingredients to natural ingredients, which promotes the market for linseed oil.
The Coating and Paint Industry to drive the Linseed Oil Market Growth
The demand for linseed oil is increasing rapidly in the paint and coating industries because it is used as a varnish and drying lubricant, which is a factor that will help the market to grow through the forecasted period. It is also used in the manufacturing of nutritional supplements nowadays. People are aware of the medical benefits of these products, and this will lead to another factor that will help the market to grow in the future. It is also useful in reducing the risk of cancer and cardiovascular diseases and protects from the stabilization of hormonal imbalance and osteoporosis, which is expected to grow through the forecast period.

Linseed oil may cause irritation or allergy to the eye and skin, and that factor can hamper the market in the forecasted period. And also, PVC has taken the place of Linoleum, which also hampers the market growth in the future.
Shifting Towards Organic and Eco-Friendly Products
Consumers are shifting towards organic and eco-friendly products, which will create opportunities for many players in the market. The various boundless R&D activities are being done for linseed oil and expanding its application in various industries, which is expected to it will bring positive growth in the market of linseed oil.
Global Linseed Oil Market Segment Analysis
Based on Type, the Linseed Oil Market is segmented into raw linseed oil, boiled linseed oil, pale boiled linseed oil, and double-boiled linseed oil. In this segment, the raw linseed oil segment has dominated the market in 2024 with a significant market share in the upcoming years because the usage of linseed oil is increasing in wood finishing and polishing, and also, the decomposition is natural, and non-toxic end-products are left while manufacturing the products. The rise in demand for non-toxic substances in paints and varnishes is driving the market growth.

Favourable schemes and initiatives implemented by governments, manufacturers, and suppliers in various nations throughout the world to promote organic and advanced farming operations should boost product demand even more. Key players such as Cargill Inc., Jamieson Natural Resources, and Henry Lamotte Oils GmbH, for example, are focusing on dealership expansion to boost net sales.

Based on Application, the Linseed Oil Market is segmented into paints and varnishes, flooring, processed food, cosmetics, and pharmaceuticals. The paints and varnishes Segment dominated the market in 2024 because of the high demand for linseed oil for finishing, adequate fluidity, transparency, and these features drive the market growth in the forecasted period.

The need for premium supplements and fortified food products has increased as health consciousness and disposable income have increased, enhancing the linseed oil sector demand. Linseed oil is increasingly being used as a functional food ingredient in a wide range of food products, including juices, baked goods, muffins, milk and dairy products, dry pasta products, meat products, and macaroni, among others.
Global Linseed Oil Market Regional Insights
The North American region is expected to witness significant growth through the forecast period. The North American region is dominating the market for linseed oil because of the high demand for linseed oil in various industries like wooden finishing, dietary supplements, pharmaceuticals, etc. According to the MMR analysis, Canada is the largest supplier and producer of flaxseed across the globe.
Linseed Oil Market Competitive Landscape
The linseed oil market is dominated by some key players such as Cargill, Archer Daniels Midland (ADM), and Gustav Heess, who leverage advanced processing technologies and extensive supply chains to maintain market leadership. According to Cargill’s 2023 annual report, the company invested over $50 million in expanding its bio-based oils division, including linseed oil production. ADM, another major player, reported a 12% year-on-year growth in its natural oils segment, driven by rising demand for sustainable coatings and food supplements.

Government initiatives, such as the European Union’s Bioeconomy Strategy, have further boosted market competition by promoting bio-based products, with Germany and France accounting for over 25% of Europe’s linseed oil consumption. In China, state-backed agricultural programs have increased flaxseed cultivation, supporting domestic linseed oil production.

Smaller regional players are also gaining traction by focusing on organic and cold-pressed linseed oil, catering to health-conscious consumers. The market remains dynamic, with companies investing in R&D for innovative applications like biodegradable lubricants and plant-based resins. Strategic partnerships, such as Gustav Heess’ collaboration with automotive coating manufacturers, highlight the industry’s shift toward eco-friendly solutions. With stringent environmental regulations and growing consumer preference for natural products, competition in the linseed oil market is expected to intensify further.
Linseed Oil Market Key Trends
1. Rising Demand for Bio-Based Paints & Coatings
Linseed oil is becoming a preferred ingredient in eco-friendly paints due to tightening environmental regulations worldwide. In the European Union, new chemical regulations are phasing out synthetic solvents, creating a 15-20% annual growth opportunity for plant-based alternatives.

2. Growth in Health & Nutritional Supplements
The global health supplement industry's focus on plant-based omega-3 sources has positioned linseed oil as a cost-effective alternative to fish oil. Leading pharmacy chains in Germany and France reported a 45% sales increase in flaxseed oil supplements in 2023.

3. Expansion in Wood Finishing Applications.
Premium furniture manufacturers are increasingly specifying linseed oil finishes, with Italy's high-end sector showing 35% growth in natural finish adoption. The 2023 Global Woodworking Trends Report revealed that 70% of custom furniture makers now offer linseed oil finishes as standard.

4. Emerging Industrial Applications
Automotive manufacturers are testing linseed oil-based composites as a sustainable alternative to fibreglass, with BMW's 2023 sustainability report highlighting a 50% reduction in VOC emissions using flax-based materials. The wind energy sector has begun using linseed oil resins in turbine blade production, with Siemens Gamesa reporting a 15% improvement in biodegradability.
Linseed Oil Market Recent Development



Company
Development


Cargill Incorporated
On 22 December 2021, Cargill signed a €915 million agreement to acquire Croda’s Performance Technologies & Industrial Chemicals business, its largest bioindustrial acquisition, boosting its bio-based ingredient capabilities in Europe, the U.S., and Asia bloomberg.com+8croda. It completed the acquisition on 30 June 2022, integrating Croda’s Smart Materials division into Cargill Bioindustrial.


Archer Daniels Midland Company (ADM)
On 4 February 2025, ADM announced full-year 2024 net earnings of US$ $1.8 billion (adjusted EPS US$ $4.74), down 32%, and introduced global cost-saving targets of US$ $500–750 million. Then on 6 May 2025, it reported Q1 net earnings of US$ $295 million for the quarter ended 31 March 2025, investors.adm.com.


BASF SE
On 3 April 2025, BASF launched three new natural-based personal care ingredients, Verdessence Maize, Lamesoft OP Plus, and Dehyton PK45 GA/RA at the In-cosmetics Global event in Amsterdam.


DSM Nutritional Products
On 15 May 2023, DSM completed its merger with Swiss flavours company Firmenich, forming DSM-Firmenich and significantly enhancing its footprint in natural ingredients and nutritional solutions.



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Global Linseed Oil Market


Report Coverage
Details


Base Year:
2024
Forecast Period:
2025-2032


Historical Data:
2019 to 2024
Market Size in 2024:
USD 3.42 Bn


Forecast Period 2025 to 2032 CAGR:
5.8%
Market Size in 2032:
USD 5.37 Bn


 Segments Covered:
by Type
Raw linseed oil
Boiled linseed oil
Double-boiled linseed oil
Pale boiled linseed oil


by Application
Paints and varnishes
Flooring
Processed food
Cosmetics
Pharmaceuticals



Linseed Oil Market, by region
North America (United States, Canada and Mexico)
Europe (United Kingdom, France, Germany, Italy, Spain, Sweden, Russia, Rest of Europe)
Asia Pacific (China, Japan, South Korea, India, Australia, Malaysia, Thailand, Vietnam, Indonesia, Philippines, Rest of APAC)
Middle East and Africa (South Africa, GCC, Nigeria, Egypt, Turkey, Rest of MEA)
South America (Brazil, Argentina, Colombia, Chile, Peru, Rest of South America)
Linseed Oil Market Key Players are:
North America
1. Cargill Incorporated (USA)
2. Archer Daniels Midland Company (USA)
3. Nature’s Way Products, LLC (USA)
4. GNC Holdings Inc. (USA)
5. Spectrum Organic Products, LLC (USA)
6. Bioriginal Food & Science Corp. (Canada)

Europe
7. Gustav Heess GmbH (Germany)
8. Henry Lamotte Oils GmbH (Germany)
9. Oleon NV (France)
10. Avril Group (Belgium)
11. Sabo S.p.A. (Italy)
12. Zakłady Tłuszczowe "Bielmar" Sp. z o.o. (Poland)
13. DSM Nutritional Products (Netherlands)
14. BASF SE (Germany)
15. Lonza Group AG (Switzerland)

Asia Pacific
16. Krishna Pectins Pvt. Ltd. (India)
17. Bo International (India)
18. Hebei Jiafeng Plant Oil Co., Ltd. (China)
19. Henan Xinghan Biotechnology Co., Ltd. (China)
20. Nippon Oil & Fats Co., Ltd. (Japan)
21. Manildra Group (Australia)
22. Wilmar International Ltd (Singapore)

Middle East & Africa
23. Imbasa Trading (PTY) Ltd. (South Africa)
24. Mazoon Printing & Packaging (UAE)

South America
25. Vital Âtman (Brazil)
26. Laboratorios Lopez S.R.L. (Argentina)
Frequently Asked Questions:
1. Which region has the largest share in the Global Linseed Oil Market?
Ans: The North America region held the highest share in 2024.

2. What is the growth rate of the Global Linseed Oil Market?
Ans: The global market is growing at a CAGR of 5.8% during the forecasting period 2025-2032.

3. What is the scope of the Global Linseed Oil market report?
Ans: Global market report helps with the PESTEL, Porter's, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in the Global Linseed Oil market?
Ans: Top key players in the Linseed Oil Market in 2025 include Cargill Incorporated, Archer Daniels Midland Company (ADM), Gustav Heess GmbH, DSM Nutritional Products, Wilmar International Ltd, BASF SE, and Avril Group.

5. What is the study period of this market?
Ans: The Global Linseed Oil Market is studied from 2024 to 2032.