Flax Crop Market: high demand for flax seed expected across the globe during 2015-2020.
Flax is a very useful crop that is used for various purposes. There are two types of flax plants, one which yields blue flowers and the other which yields white flowers. Plants with white flowers produce coarse and strong fibers compared to plants with blue flowers. Products of the Flax crop, including seeds, straw, fibers and stalk, are used in different industries such as medical, textile, insulation and food. There is high scope for the Flax Crop Market in various regions across the globe during 2015-2020.
Scope and Regional Forecast of the Flax Crop Market:
According to the IndustryARC research analysis studies on the Flax Crop Market, The demand for flax crop is increasing year on year, owing to the demand for seeds and fiber that are used in industries such as food, medical and textile. Their usage in flax oils, pet foods and omega-enriched food products is also increasing every year and it is expected to do so through 2020.
North America is expected to have high demand for the Flax Crop Market due to the applications of flax plant and flax seed benefits for various end user industries. Europe is expected to witness a growth in demand for flax fiber for environmental friendly applications during 2015-2020.
Asia Pacific is the largest region in the Flax Crop Market with high consumption and production in India and China. Due to the high population and increasing use of flax, this market is expected to witness the fastest growth through 2020.
Segmentation and Key Players of the Flax Crop Market:
The Flax Crop Market is segmented into various categories in the IndustryARC marketing research report by type of product, by application and by geography.
- By type of product: Straw (By Type of Flax Fiber) (Coarse Tow, Medium Tow, Fine Tow, Long Line and Cottonized Tow), Stalk Parts and Seeds (By Colors (Yellow, Brown), By Type (Ground Flax Seeds, Oilseed Flax and Whole Flaxseeds))
- By application: Food & Beverages, Animal Feed, Medical, Textile, Paper, Paints and Coatings, Insulation, Construction and others
- By geography: North America, South America, Europe, Asia Pacific and ROW
The key players in the Flax Crop Market according to the IndustryARC research report are as follows:
- Schweitzer-Mauduit International, Inc.
- Archer Daniels Midland Company
- Cargill, Incorporated.
- Legumex Walker Inc.
- Biolin Research Inc. (Private-small)
The Flax Crop Market is a rapidly growing market with high demand for flax seed for flax fiber, ground flax and other benefits of flax seeds for various end user industries and products across the globe. This market is expected to witness high growth due to increasing demand for flax seed nutrition in the global market in various regions across the globe during 2015-2020.
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