About Plant Based Omega Flaxseed
Flax Seed is obtained from the flowering plant Linum usitatissimum, whereas Chia seeds are obtained from another flowing plant Salvia hispanica. Flax Seeds and China Seeds are major sources of plant based omega Flaxseed. This offer high fiber, high protein and are known as natural source of high portions of Omega. Which makes them an ideal vegan alternative for an omega-3 source to the more traditional source that is fish. The rise of vegan culture and rising health consciousness among people are primary reason for driving the market of plant based omega flaxseeds. Although emergence of more processed, Nutraceutical Products can act as a hindrance to the growth of the Plant based omega flaxseeds. Geographically, Asia Pacific and North America are two prominent markets of Plant Based Omega Flaxseeds.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Competition among existing players is due to the Plant Based Omega Flaxseed market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for Plant Based Omega Flaxseed Market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
AgMotion, Inc. (United States), Healthy Food Ingredients LLC (United States), S.S Johnson Seeds (Canada), Simosis International Private Limited (India), TA Foods Ltd. (Canada), Canmar Grain Products Ltd. (Canada), Stokke Seeds Company (Canada), Zeghers Seed Inc. (Canada), Stober Farms LLC (United States) and Bagrrys India Limited (India) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Pink Harvest Farms India Private Limited (India), Keeros Super Foods (India) and Wonderland Foods (India).
Segmentation Overview
AMA Research has segmented the market of Global Plant Based Omega Flaxseed market by Type (Flaxseed, Chia Seed and Others) and Region.
On the basis of geography, the market of Plant Based Omega Flaxseed has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Packaging Type, the sub-segment i.e. Plastic Bottles will boost the Plant Based Omega Flaxseed market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End Use, the sub-segment i.e. Food will boost the Plant Based Omega Flaxseed market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Online (E-Commerce Stores) will boost the Plant Based Omega Flaxseed market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Flax Seeds Account for Larger Market Share
Market Growth Drivers:
Rise of Vegan Culture and Increasing Focus on Health and Nutrition
Challenges:
Allergies and Side Effects Certain Patients Face
Restraints:
Emergence of Nutraceutical Products
Opportunities:
Developing Countries have Fairly Less Explored Market
Market Leaders and their expansionary development strategies
In 2020, Hokanson Capital Inc., US based private investment firm focused on farms, food processing, hospitality, oil fields, etc. has announced acquisition of Canmar Grain Products Ltd. Canada based Canmar Grains specialises in Flax and Hemp products. The acquisition was made to diversify its agriculture portfolio.
In 2019, AgMotion, Inc. owned brand Terra Ingredients specialising in organic agriculture products has announced launch of launch super grain fonio. Which will be available to ingredient suppliers, food processing and manufacturing firms, and other leading consumers. The raw material for fonio is to be imported from Africa, where it is grown, Agmotion has established a secure supply chain mechanism for its uninterrupted supply to North America.
Key Target Audience
Plant Based Omega Flaxseed Manufacturers, Suppliers and Distributors, Raw Material Suppliers, New Entrants/Investors, Venture Capitalists and Private Equity Firms, Analysts and Strategic Business Planners, Government Regulatory and Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.