About Flax-based Protein
Flaxseed is grown in about 2 feet tall trees and it consists of various nutritional content like proteins, omega-3 fatty acids, lignans, and fiber which is very beneficial for overall health. Flax-based proteins are used in nutritional supplements, dairy products, bakery products, beverages, bakery products, and convenience food to enhance their nutritional content. This is used to improve digestive health, it helps in managing blood pressure and diabetes. Primarily it was being used to produce clothing.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 6.2% |
The competitive landscape of the flavored tea market is dynamic and evolving. Players that can successfully innovate, build strong brands, and adapt to changing consumer preferences are likely to be the most successful in the long run. Analyst at AMA Research estimates that Japan Vendors will contribute the maximum growth to Global Flax-based Protein market throughout the forecasted period. 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.
Glanbia plc (Ireland), Clearspring Ltd (United Kingdom), Archer Daniels Midland (United States), Cargill (United States), Del Monte (United States), TA Foods Ltd (Canada) and Johnson Seeds (Canada) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Austrade Inc. (United States), Natunola Health Inc (Canada), Leader Foods Oy (Finland) and All Organic Treasures GmbH (Germany).
Segmentation Overview
AMA Research has segmented the market of Global Flax-based Protein market by Type (Brown Flaxseed and Golden Flaxseed), Application (Energy and Sports Supplements, Dairy Products, Beverages, Bakery and Confectionaries, Convenience Food and Others) and Region.
On the basis of geography, the market of Flax-based Protein 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 Nature, the sub-segment i.e. Organic will boost the Flax-based Protein market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Form, the sub-segment i.e. Oils will boost the Flax-based Protein market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Supermarket will boost the Flax-based Protein market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Emerging Number of Flax Seeds Application Various Range of Food Products and Beverages Because of its Health Benefits
Market Growth Drivers:
Growing Health Related Problems like Blood Pressure and Diabetes and Demand for Healthy and Nutritious Food Products Rich in Protein, Omega-3 Fatty Acids, Lignans, and Fiber
Challenges:
Easy Availability of Substitute to Flax-based Protein Products
Restraints:
Allergy-Related Health Side Effects Assoicated with Flax-based Protein Products
Opportunities:
Growing Demand for the Brown Flax-based Protein and Surging Demand for Flax-based Protein for Production of Convenience Food
Market Leaders and their expansionary development strategies
In March 2023, Cargill partners with CUBIQ FOODS to bring innovative fats to plant-based food. Cargill has entered a new partnership with food-tech company CUBIQ FOODS. Now, we will be able to provide CUBIQ’s innovative fats to customers who are developing plant-based foods — and may ultimately make them healthier than if they were made with animal fats or tropical oils.
On 14th September 2020, Del Monte Launches Raw Seeds To Strengthen Health And Wellness Portfolio. Del Monte introduces edible Raw Seeds Range with an exclusive launch on Amazon. The range includes Flax, Sunflower, and Pumpkin seeds which are sourced from the best farms and are packed with nutrition. The Del Monte seal of approval ensures that the best quality seeds make it to every pack. They are rich sources of dietary fiber, protein and are enriched with antioxidants that help boost immunity.
"The Canadian and U.S. governments regulate flax as a food ingredient based on its use in their respective food supplies over a period of several decades. In Canada, flax is regulated as a food and not as a food additive. There is presently no regulation that limits the level of flax in foods, although the Health Protection Branch of Health Canada has specified a guideline for use of flax in foods, indicating it has no objection to the use of flax at the level of 8% or lower on a dry-weight basis in baking (or 4% in dry cereal). In the United States, a substance can be legally added to foods if it is a food additive and hence approved for use, or if it is deemed to be generally recognized as safe (GRAS). Under current regulations, no food additive petition has been submitted to the Food and Drug Administration (FDA) for flax, nor has a formal review of the GRAS status of whole or milled flax been conducted."
Key Target Audience
Flax-based Protein Manufacturers, Flax-based Protein International Traders, Flax-based Protein Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
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.