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Latest TMR Report Explores Impact of COVID-19 Outbreak on Linseed Meal Market

 The increasing number of health conscious people because of rising health issues due to unhealthy lifestyles and eating habits have caused an increased demand for dietary supplements. The rising awareness about having a healthy diet in order to meet the nutrients requirements by the body and leading a healthy life is driving the demand for dietary supplements and functional food. There is an increasing demand for foods with high nutritive value. The food items rich in fiber protein content are high on demand in the global market. Linseed is one such food item and is referred as ‘superfood’ since ancient time. Linseed is rich in many nutrients like vitamins, dietary fibers, essential fatty acids, lignans, and various minerals.

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Linseed meal is slight oily powder obtained as a byproduct from oil extraction from linseeds. Linseed meal is highly nutritious, easy to digest and has a nutty taste. Linseed meal provides healthy nutrients like dietary fibers, crude proteins, omega-3 fatty acid, lignans, and alpha-linolenic acid. Linseed meal has wide applications in food additives, bakery and confectionary, and animal feed applications. With wide range of benefits and application in the food and beverage sector, the linseed meal market is expected to grow positively during the forecast period.

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Growing Demands for Linseed Meal Due to Multiple Application in Food & Beverage Sector

The demand for functional food like linseed meal which can provide the consumer with various health benefits is increasing day by day. The increasing number of health-conscious people and rising number of health-related issues due to changing lifestyle and busy schedule are primary drivers for linseed meal market. Linseed Meal has low-fat content and is high in dietary fiber hence can be used as fat substitute. Linseed is rich in selenium is supposed to help protect against cancer. Linseed meal may also help in reducing the inflammation, balancing blood sugar, lowering cholesterol, and protecting against the radiation. Linseed meal has a good concentration of omega-3 fatty acids and hence is preferred by health-conscious consumers over other oilseed meals. Linseed meal is used in bakery and confectionery, food additives, egg replacement products as well as in animal and pet feed. Linseed meal is used as an additive and is sprinkled on food items like breakfast cereals in order to increase its nutritive value as well as add a nutty flavor to food.

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The use of linseed meal in pet foods is getting popular these days for the health benefits provided by linseed meal to the pets. The rapidly increasing pet industry is said to fuel to the demand for linseed meal in pet food industries. With the increasing demand and wide range of application in the food and beverage industry the linseed meal market is expected to grow in terms of value and volume during the forecast period.

Global Linseed Meal: Market Segmentation

On the basis of type, the global linseed meal market has been segmented as-

  • Golden linseed meal
  • Brown linseed meal

On the basis of Application, the global linseed meal market has been segmented as-

  • Food additives
  • Dietary Supplements
  • Egg replacement food
  • Bakery and confectionary
  • Animal Feed

Global Linseed Meal Market: Key Players

Some of the players of the global linseed meal market include Bob’s Red Mill, Natural Foods, WinCo Foods, NOW Foods, Stoney Creek Oil Products Pty Ltd, Green Fields Oil Factory, Waltanna Farms. More companies are expected to invest in the Linseed market as it is supposed to be a growing market.

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