Flax production is most widely affected from the lowest level of the value chain, i.e., from the growers, as the yield of flax seed is low. Its acreage also gets affected due to the increase in production of cereals and other nutritional crops, like canola. The demand for organic flax seeds and the yield associated with it is greater than that of conventional flax seeds.
Flax seed is becoming popular, especially in the forage sector, because the dairy prices are on the rise and they need to rely on the low-priced forage products for feeding cattle. The complete flax seed value chain comprises of growers, bulk handlers, crushers, flax product manufacturing, and suppliers. A few growers are also involved in other segments, like retail and ingredient supplies, and these growers are called “vertically integrated growers”.
Flax Seed Contributing to Healthy Diet
Flax seed is largely known as a source of omega-3 fatty acid. Apart from this, alpha-linolenic acid (ALA) comprises of 57% of the total fatty acids in flaxseed, which makes it one of the richest sources of ALA in the diet. Canada is a major market for the flax seed consumption. In 2014, milled flax achieved the status of “health claim”, which was based on the fact that ground whole flax seed helps in lowering of blood cholesterol. Flax seeds also have strong anti-inflammatory and antioxidant properties, which alleviate pneumonopathy. All these reasons are driving the market for flax seeds, globally.
Flax Seed Serving Multiple Uses
Flax is a major part of many segments in the economy, like food, fiber, pulp & paper, building materials, polymers, and textiles. Flax is not genetically engineered and can be fully utilized for its nutritional values. Its fiber can also be used to make automobile parts, as well as pulp and paper. It can also be utilized in the textile industry to produce linen. Apparel fibers comprise of about 0.7% of flax fibers. Therefore, there is tremendous growth in the demand for flax seed in almost all the markets around the globe.
Reasons to Purchase the Report
- To have an understanding of the stakeholders in the flax seed/linseed value chain and their respective roles in the value chain
- The report outlines policies and trade regulations currently affecting the market
- Supply chain analysis of the flax seed sector
- 3-month analyst support
Customization of the Report
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1.1 Market Definition
1.2 Key Findings of the Study
2. Research Scope & Methodology
2.1 Study Deliverables
2.2 Study Assumptions
2.3 Research Methodology
2.4 Research Phases
3. Market Overview
3.1 Supply Chain Analysis
3.1.1 Detailed Supply Chain Structure
3.1.2 Issues with Supply Chain Structure
3.2 Value Chain Analysis
3.2.1 Detailed Value Chain Structure
3.2.2 Issues with Value Chain Structure
4.1 Industry Outlook