Key Market Insights
Growing adoption of linseed products among cardiac patients supports the growth of the market;
The linseed oil market is expected to grow at a CAGR of 3.2% during the forecast period from 2022 to 2030, starting from US$ 840.43 Mn in 2021. The popularity of flaxseed is increasing due to its properties such as low saturated fat food constituents that aim to prevent and helps in the treatment of cardiovascular diseases. Thereby, patients having any kind of cardiovascular problems demands linseed or flaxseed-based products. Moreover, linseed oil helps in lowering cholesterol levels. The aforesaid reasons are the key actor for the growth linseed oil market during the forecast period.Linseed is one of the best sources of omega-3 fatty acids that is vital for a person;s physical and mental health. Moreover, the trends of non-GMO linseed oil is increasing and manufacturers are launching new non-GMO linseed oil and thereby, fulfill the rising demand of consumers globally. For instance, recently, ADM launched fully refined non-GMO linseed oil. The oil can be used in a variety of products from supplements to pasta sauces. Thereby, increasing the demand for the market globally.
Application Analysis
Paints and varnishes dominates the linseed oil market in the year 2021;
Paints and varnishes are another huge territories of use that linseed oil adds to broadly. Customarily, the dominant part of linseed oil was utilized in paints, coatings, varnishes, and scarcely any other modern applications. Varnishes and paints produced using this item are as yet thought to be excellent premium class items and were the toughest. The item finds particular use as diluents in paints and coatings. The item's uses reach out to its side-effects got from flaxseed oil dinners that stay after oil extraction and are valuable in creature takes care of.The rising interest in mechanical improvement as to preparing flaxseed for the extraction of oil is relied upon to drive the market over the figure time frame. Flaxseed oil contains alpha-linolenic corrosive (ALA) and basic unsaturated fat that is invaluable for coronary illness patients.
Linseed oil coatings and paints are porous. This gives it the property of not letting the wood under the applied paint from rotting concealed and influencing the nature of the paint in negative ways. Most linseed oil hues are safe to terrible impacts of climate. Linseed oil has a little sub-atomic size henceforth it is effectively vulnerable to applied surfaces. Linseed oil, in contrast with different hues, gives the most ideal bond. A one of a kind element of the bond is that the item expands its mass thickness after its application and consequently forestalls wood surface from water entering it. This keeps the wood from spoiling. Besides, the applied surface is doubly shielded from the sun's bright beams by the paint's own pigmentation.
Regional Analysis
Asia Pacific is projected to grow at a considerable rate during the forecast period;
The Asia Pacific was the main provincial section and represented around 33% of the complete income in 2021. Expanding requests from China because of countless makers right now anticipated to move the local section over the conjecture time frame. As far as development spending, the most elevated development is probably going to be focused on the rising economies of Asia Pacific including China, trailed by India and Indonesia.Developing interest for wooden insides right now foreseen to expand the territorial fragment. Expanding speculation for the creation of linseed oil in China is relied upon to observe powerful development attributable to expanding interest for the item from different nations through imports and fares.
List of Companies Covered:
- ADM
- Cargill, Incorporated.
- Bartoline ltd.
- Grupo Plimon
- Rapunzel Naturakost
- Bioriginal Foods & Science Corp
- Nature;s Brand, Inc.
- Linolie Danmark Aps.
- Gustav Heess GmbH
- Henry Lamotte OILS GmbH
- Natrol, LLC
Key Industry Developments:
- In September 2016, ADM increased its product portfolio by launching Onavita. Onavita is non-GMO flaxseed oil and aims to provide cost-effective solutions to the customers. The Onavita offers plant-sourced omega-3s that are essential nutrients for humans.
- In May 2017, Marico launched the Saffola Aura. Saffola Auro is a mixture of flaxseed and olive seed oil. The product has a composition of 80% of olive oil and 20% of flaxseed oil.
Historical & Forecast Period
This study report represents analysis of each segment from 2020 to 2030 considering 2021 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2030.The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Linseed Oil market are as follows:- Research and development budgets of manufacturers and government spending
- Revenues of key companies in the market segment
- Number of end users and consumption volume, price and value.
- Geographical revenues generate by countries considered in the report
- Micro and macro environment factors that are currently influencing the Linseed Oil market and their expected impact during the forecast period.
Market Segmentation
Application
- Pharmaceuticals
- Processed Food
- Flooring
- Paints & Varnishes
- Cosmetics
- Others
Distribution Channel
- Hypermarkets & Supermarkets
- Retail Stores
- Direct Sales
- Online sales
- Others
Key questions answered in this report
- What are the key micro and macro environmental factors that are impacting the growth of Linseed Oil market?
- What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
- Estimated forecast and market projections up to 2030.
- Which segment accounts for the fastest CAGR during the forecast period?
- Which market segment holds a larger market share and why?
- Are low and middle-income economies investing in the Linseed Oil market?
- Which is the largest regional market for Linseed Oil market?
- What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
- Which are the key trends driving Linseed Oil market growth?
- Who are the key competitors and what are their key strategies to enhance their market presence in the Linseed Oil market worldwide?
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Table of Contents
1. Preface1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. Key Offerings
1.2. Market Segmentation
1.3. Research Methodology
1.3.1. Phase I - Secondary Research
1.3.2. Phase II - Primary Research
1.3.3. Phase III - Expert Panel Review
1.3.4. Assumptions
1.3.5. Approach Adopted
2. Executive Summary
2.1. Market Snapshot: Global Linseed Oil Market
2.2. Global Linseed Oil Market, By Application , 2021 (US$ Million)
2.3. Global Linseed Oil Market, By Distribution Channel , 2021 (US$ Million)
2.4. Global Linseed Oil Market, By Geography, 2021 (US$ Million)
2.5. Attractive Investment Proposition by Geography, 2021
3. Linseed Oil Market: Competitive Analysis
3.1. Market Positioning of Key Linseed Oil Market Vendors
3.2. Strategies Adopted by Linseed Oil Market Vendors
3.3. Key Industry Strategies
3.4. Tier Analysis 2021 Versus 2030
4. Linseed Oil Market: Macro Analysis & Market Dynamics
4.1. Introduction
4.2. Global Linseed Oil Market Value, 2020 - 2030, (US$ Million)
4.3. Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Key Challenges
4.3.4. Key Opportunities
4.4. Impact Analysis of Drivers and Restraints
4.5. See-Saw Analysis
5. Linseed Oil Market: By Application , 2020-2030, USD (Million)
5.1. Market Overview
5.2. Growth & Revenue Analysis: 2021 Versus 2030
5.3. Market Segmentation
5.3.1. Pharmaceuticals
5.3.2. Processed Food
5.3.3. Flooring
5.3.4. Paints & Varnishes
5.3.5. Cosmetics
5.3.6. Others
6. Linseed Oil Market: By Distribution Channel , 2020-2030, USD (Million)
6.1. Market Overview
6.2. Growth & Revenue Analysis: 2021 Versus 2030
6.3. Market Segmentation
6.3.1. Hypermarkets & Supermarkets
6.3.2. Retail Stores
6.3.3. Direct Sales
6.3.4. Online sales
6.3.5. Others
7. North America Linseed Oil Market, 2020-2030, USD (Million)
7.1. Market Overview
7.2. Linseed Oil Market: By Application , 2020-2030, USD (Million)
7.3. Linseed Oil Market: By Distribution Channel , 2020-2030, USD (Million)
7.4.Linseed Oil Market: By Region, 2020-2030, USD (Million)
7.4.1.North America
7.4.1.1. U.S.
7.4.1.1.1. Linseed Oil Market: By Application , 2020-2030, USD (Million)
7.4.1.1.1. Linseed Oil Market: By Distribution Channel , 2020-2030, USD (Million)
7.4.1.2. Canada
7.4.1.2.1. Linseed Oil Market: By Application , 2020-2030, USD (Million)
7.4.1.2.1. Linseed Oil Market: By Distribution Channel , 2020-2030, USD (Million)
7.4.1.3. Rest of North America
7.4.1.3.1. Linseed Oil Market: By Application , 2020-2030, USD (Million)
7.4.1.3.1. Linseed Oil Market: By Distribution Channel , 2020-2030, USD (Million)
8. UK and European Union Linseed Oil Market, 2020-2030, USD (Million)
8.1. Market Overview
8.2. Linseed Oil Market: By Application , 2020-2030, USD (Million)
8.3. Linseed Oil Market: By Distribution Channel , 2020-2030, USD (Million)
8.4.Linseed Oil Market: By Region, 2020-2030, USD (Million)
8.4.1.UK and European Union
8.4.1.1. UK
8.4.1.1.1. Linseed Oil Market: By Application , 2020-2030, USD (Million)
8.4.1.1.1. Linseed Oil Market: By Distribution Channel , 2020-2030, USD (Million)
8.4.1.2. Germany
8.4.1.2.1. Linseed Oil Market: By Application , 2020-2030, USD (Million)
8.4.1.2.1. Linseed Oil Market: By Distribution Channel , 2020-2030, USD (Million)
8.4.1.3. Spain
8.4.1.3.1. Linseed Oil Market: By Application , 2020-2030, USD (Million)
8.4.1.3.1. Linseed Oil Market: By Distribution Channel , 2020-2030, USD (Million)
8.4.1.4. Italy
8.4.1.4.1. Linseed Oil Market: By Application , 2020-2030, USD (Million)
8.4.1.4.1. Linseed Oil Market: By Distribution Channel , 2020-2030, USD (Million)
8.4.1.5. France
8.4.1.5.1. Linseed Oil Market: By Application , 2020-2030, USD (Million)
8.4.1.5.1. Linseed Oil Market: By Distribution Channel , 2020-2030, USD (Million)
8.4.1.6. Rest of Europe
8.4.1.6.1. Linseed Oil Market: By Application , 2020-2030, USD (Million)
8.4.1.6.1. Linseed Oil Market: By Distribution Channel , 2020-2030, USD (Million)
9. Asia Pacific Linseed Oil Market, 2020-2030, USD (Million)
9.1. Market Overview
9.2. Linseed Oil Market: By Application , 2020-2030, USD (Million)
9.3. Linseed Oil Market: By Distribution Channel , 2020-2030, USD (Million)
9.4.Linseed Oil Market: By Region, 2020-2030, USD (Million)
9.4.1.Asia Pacific
9.4.1.1. China
9.4.1.1.1. Linseed Oil Market: By Application , 2020-2030, USD (Million)
9.4.1.1.1. Linseed Oil Market: By Distribution Channel , 2020-2030, USD (Million)
9.4.1.2. Japan
9.4.1.2.1. Linseed Oil Market: By Application , 2020-2030, USD (Million)
9.4.1.2.1. Linseed Oil Market: By Distribution Channel , 2020-2030, USD (Million)
9.4.1.3. India
9.4.1.3.1. Linseed Oil Market: By Application , 2020-2030, USD (Million)
9.4.1.3.1. Linseed Oil Market: By Distribution Channel , 2020-2030, USD (Million)
9.4.1.4. Australia
9.4.1.4.1. Linseed Oil Market: By Application , 2020-2030, USD (Million)
9.4.1.4.1. Linseed Oil Market: By Distribution Channel , 2020-2030, USD (Million)
9.4.1.5. South Korea
9.4.1.5.1. Linseed Oil Market: By Application , 2020-2030, USD (Million)
9.4.1.5.1. Linseed Oil Market: By Distribution Channel , 2020-2030, USD (Million)
9.4.1.6. Rest of Asia Pacific
9.4.1.6.1. Linseed Oil Market: By Application , 2020-2030, USD (Million)
9.4.1.6.1. Linseed Oil Market: By Distribution Channel , 2020-2030, USD (Million)
10. Latin America Linseed Oil Market, 2020-2030, USD (Million)
10.1. Market Overview
10.2. Linseed Oil Market: By Application , 2020-2030, USD (Million)
10.3. Linseed Oil Market: By Distribution Channel , 2020-2030, USD (Million)
10.4.Linseed Oil Market: By Region, 2020-2030, USD (Million)
10.4.1.Latin America
10.4.1.1. Brazil
10.4.1.1.1. Linseed Oil Market: By Application , 2020-2030, USD (Million)
10.4.1.1.1. Linseed Oil Market: By Distribution Channel , 2020-2030, USD (Million)
10.4.1.2. Mexico
10.4.1.2.1. Linseed Oil Market: By Application , 2020-2030, USD (Million)
10.4.1.2.1. Linseed Oil Market: By Distribution Channel , 2020-2030, USD (Million)
10.4.1.3. Rest of Latin America
10.4.1.3.1. Linseed Oil Market: By Application , 2020-2030, USD (Million)
10.4.1.3.1. Linseed Oil Market: By Distribution Channel , 2020-2030, USD (Million)
11. Middle East and Africa Linseed Oil Market, 2020-2030, USD (Million)
11.1. Market Overview
11.2. Linseed Oil Market: By Application , 2020-2030, USD (Million)
11.3. Linseed Oil Market: By Distribution Channel , 2020-2030, USD (Million)
11.4.Linseed Oil Market: By Region, 2020-2030, USD (Million)
11.4.1.Middle East and Africa
11.4.1.1. GCC
11.4.1.1.1. Linseed Oil Market: By Application , 2020-2030, USD (Million)
11.4.1.1.1. Linseed Oil Market: By Distribution Channel , 2020-2030, USD (Million)
11.4.1.2. Africa
11.4.1.2.1. Linseed Oil Market: By Application , 2020-2030, USD (Million)
11.4.1.2.1. Linseed Oil Market: By Distribution Channel , 2020-2030, USD (Million)
11.4.1.3. Rest of Middle East and Africa
11.4.1.3.1. Linseed Oil Market: By Application , 2020-2030, USD (Million)
11.4.1.3.1. Linseed Oil Market: By Distribution Channel , 2020-2030, USD (Million)
12. Company Profile
12.1. ADM
12.1.1. Company Overview
12.1.2. Financial Performance
12.1.3. Product Portfolio
12.1.4. Strategic Initiatives
12.2. Cargill, Incorporated.
12.2.1. Company Overview
12.2.2. Financial Performance
12.2.3. Product Portfolio
12.2.4. Strategic Initiatives
12.3. Bartoline ltd.
12.3.1. Company Overview
12.3.2. Financial Performance
12.3.3. Product Portfolio
12.3.4. Strategic Initiatives
12.4. Grupo Plimon
12.4.1. Company Overview
12.4.2. Financial Performance
12.4.3. Product Portfolio
12.4.4. Strategic Initiatives
12.5. Rapunzel Naturakost
12.5.1. Company Overview
12.5.2. Financial Performance
12.5.3. Product Portfolio
12.5.4. Strategic Initiatives
12.6. Bioriginal Foods & Science Corp
12.6.1. Company Overview
12.6.2. Financial Performance
12.6.3. Product Portfolio
12.6.4. Strategic Initiatives
12.7. Nature’s Brand, Inc.
12.7.1. Company Overview
12.7.2. Financial Performance
12.7.3. Product Portfolio
12.7.4. Strategic Initiatives
12.8. Linolie Danmark Aps.
12.8.1. Company Overview
12.8.2. Financial Performance
12.8.3. Product Portfolio
12.8.4. Strategic Initiatives
12.9. Gustav Heess GmbH
12.9.1. Company Overview
12.9.2. Financial Performance
12.9.3. Product Portfolio
12.9.4. Strategic Initiatives
12.10. Henry Lamotte OILS GmbH
12.10.1. Company Overview
12.10.2. Financial Performance
12.10.3. Product Portfolio
12.10.4. Strategic Initiatives
12.11. Natrol, LLC
12.11.1. Company Overview
12.11.2. Financial Performance
12.11.3. Product Portfolio
12.11.4. Strategic Initiatives
List of Figures
Figure 1 Global Linseed Oil Market: Market Coverage
Figure 2 Research Methodology and Data Sources
Figure 3 Market Size Estimation - Top Down & Bottom-Up Approach
Figure 4 Global Linseed Oil Market: Quality Assurance
Figure 5 Global Linseed Oil Market, By Application , 2021
Figure 6 Global Linseed Oil Market, By Distribution Channel , 2021
Figure 7 Global Linseed Oil Market, By Geography, 2021
Figure 8 Market Geographical Opportunity Matrix - Global Linseed Oil Market, 2021
Figure 9 Market Positioning of Key Linseed Oil Market Players, 2021
Figure 10 Global Linseed Oil Market - Tier Analysis - Percentage of Revenues by Tier Level, 2021 Versus 2030
Figure 11 Global Linseed Oil Market, By Application , 2021 Vs 2030, %
Figure 12 Global Linseed Oil Market, By Distribution Channel , 2021 Vs 2030, %
Figure 13 U.S. Linseed Oil Market (US$ Million), 2020 - 2030
Figure 14 Canada Linseed Oil Market (US$ Million), 2020 - 2030
Figure 15 Rest of North America Linseed Oil Market (US$ Million), 2020 - 2030
Figure 16 UK Linseed Oil Market (US$ Million), 2020 - 2030
Figure 17 Germany Linseed Oil Market (US$ Million), 2020 - 2030
Figure 18 Spain Linseed Oil Market (US$ Million), 2020 - 2030
Figure 19 Italy Linseed Oil Market (US$ Million), 2020 - 2030
Figure 20 France Linseed Oil Market (US$ Million), 2020 - 2030
Figure 21 Rest of Europe Linseed Oil Market (US$ Million), 2020 - 2030
Figure 22 China Linseed Oil Market (US$ Million), 2020 - 2030
Figure 23 Japan Linseed Oil Market (US$ Million), 2020 - 2030
Figure 24 India Linseed Oil Market (US$ Million), 2020 - 2030
Figure 25 Australia Linseed Oil Market (US$ Million), 2020 - 2030
Figure 26 South Korea Linseed Oil Market (US$ Million), 2020 - 2030
Figure 27 Rest of Asia Linseed Oil Market (US$ Million), 2020 - 2030
Figure 28 Brazil Linseed Oil Market (US$ Million), 2020 - 2030
Figure 29 Mexico Linseed Oil Market (US$ Million), 2020 - 2030
Figure 30 Rest of Latin America Linseed Oil Market (US$ Million), 2020 - 2030
Figure 31 GCC Linseed Oil Market (US$ Million), 2020 - 2030
Figure 32 Africa Linseed Oil Market (US$ Million), 2020 - 2030
Figure 33 Rest of Middle East and Africa Linseed Oil Market (US$ Million), 2020 - 2030
List of Tables
Table 1 Global Linseed Oil Market By Application , 2020-2030, USD (Million)
Table 2 Global Linseed Oil Market By Distribution Channel , 2020-2030, USD (Million)
Table 3 North America Linseed Oil Market By Application , 2020-2030, USD (Million)
Table 4 North America Linseed Oil Market By Distribution Channel , 2020-2030, USD (Million)
Table 5 U.S. Linseed Oil Market By Application , 2020-2030, USD (Million)
Table 6 U.S. Linseed Oil Market By Distribution Channel , 2020-2030, USD (Million)
Table 7 Canada Linseed Oil Market By Application , 2020-2030, USD (Million)
Table 8 Canada Linseed Oil Market By Distribution Channel , 2020-2030, USD (Million)
Table 9 Rest of North America Linseed Oil Market By Application , 2020-2030, USD (Million)
Table 10 Rest of North America Linseed Oil Market By Distribution Channel , 2020-2030, USD (Million)
Table 11 UK and European Union Linseed Oil Market By Application , 2020-2030, USD (Million)
Table 12 UK and European Union Linseed Oil Market By Distribution Channel , 2020-2030, USD (Million)
Table 13 UK Linseed Oil Market By Application , 2020-2030, USD (Million)
Table 14 UK Linseed Oil Market By Distribution Channel , 2020-2030, USD (Million)
Table 15 Germany Linseed Oil Market By Application , 2020-2030, USD (Million)
Table 16 Germany Linseed Oil Market By Distribution Channel , 2020-2030, USD (Million)
Table 17 Spain Linseed Oil Market By Application , 2020-2030, USD (Million)
Table 18 Spain Linseed Oil Market By Distribution Channel , 2020-2030, USD (Million)
Table 19 Italy Linseed Oil Market By Application , 2020-2030, USD (Million)
Table 20 Italy Linseed Oil Market By Distribution Channel , 2020-2030, USD (Million)
Table 21 France Linseed Oil Market By Application , 2020-2030, USD (Million)
Table 22 France Linseed Oil Market By Distribution Channel , 2020-2030, USD (Million)
Table 23 Rest of Europe Linseed Oil Market By Application , 2020-2030, USD (Million)
Table 24 Rest of Europe Linseed Oil Market By Distribution Channel , 2020-2030, USD (Million)
Table 25 Asia Linseed Oil Market By Application , 2020-2030, USD (Million)
Table 26 Asia Linseed Oil Market By Distribution Channel , 2020-2030, USD (Million)
Table 27 China Linseed Oil Market By Application , 2020-2030, USD (Million)
Table 28 China Linseed Oil Market By Distribution Channel , 2020-2030, USD (Million)
Table 29 Japan Linseed Oil Market By Application , 2020-2030, USD (Million)
Table 30 Japan Linseed Oil Market By Distribution Channel , 2020-2030, USD (Million)
Table 31 India Linseed Oil Market By Application , 2020-2030, USD (Million)
Table 32 India Linseed Oil Market By Distribution Channel , 2020-2030, USD (Million)
Table 33 Australia Linseed Oil Market By Application , 2020-2030, USD (Million)
Table 34 Australia Linseed Oil Market By Distribution Channel , 2020-2030, USD (Million)
Table 35 South Korea Linseed Oil Market By Application , 2020-2030, USD (Million)
Table 36 South Korea Linseed Oil Market By Distribution Channel , 2020-2030, USD (Million)
Table 37 Latin America Linseed Oil Market By Application , 2020-2030, USD (Million)
Table 38 Latin America Linseed Oil Market By Distribution Channel , 2020-2030, USD (Million)
Table 39 Brazil Linseed Oil Market By Application , 2020-2030, USD (Million)
Table 40 Brazil Linseed Oil Market By Distribution Channel , 2020-2030, USD (Million)
Table 41 Mexico Linseed Oil Market By Application , 2020-2030, USD (Million)
Table 42 Mexico Linseed Oil Market By Distribution Channel , 2020-2030, USD (Million)
Table 43 Rest of Latin America Linseed Oil Market By Application , 2020-2030, USD (Million)
Table 44 Rest of Latin America Linseed Oil Market By Distribution Channel , 2020-2030, USD (Million)
Table 45 Middle East and Africa Linseed Oil Market By Application , 2020-2030, USD (Million)
Table 46 Middle East and Africa Linseed Oil Market By Distribution Channel , 2020-2030, USD (Million)
Table 47 GCC Linseed Oil Market By Application , 2020-2030, USD (Million)
Table 48 GCC Linseed Oil Market By Distribution Channel , 2020-2030, USD (Million)
Table 49 Africa Linseed Oil Market By Application , 2020-2030, USD (Million)
Table 50 Africa Linseed Oil Market By Distribution Channel , 2020-2030, USD (Million)
Table 51 Rest of Middle East and Africa Linseed Oil Market By Application , 2020-2030, USD (Million)
Table 52 Rest of Middle East and Africa Linseed Oil Market By Distribution Channel , 2020-2030, USD (Million)
Companies Mentioned
- ADM
- Cargill Inc.rporated.
- Bartoline ltd.
- Grupo Plimon
- Rapunzel Naturakost
- Bioriginal Foods & Science Corp
- Nature’s Brand Inc.
- Linolie Danmark Aps.
- Gustav Heess GmbH
- Henry Lamotte OILS GmbH
- Natrol LLC
