Global Flax Seeds for Animal Feed Market Size (2024 - 2030)

The Global Flax Seeds for Animal Feed Market was valued at USD 758.31 Million and is projected to reach a market size of USD 1,751.11 Million by the end of 2030. Over the forecast period of 2024-2030, the market is projected to grow at a CAGR of 12.7%.

Flax seeds, also known as flax or linseed, is a flowering plant. Flax seeds are most commonly grown as food and fiber crops in countries with temperate climates. Textiles produced using linseed are referred to in Western nations as linen and are customarily used for bed sheets, table cloth, etc. The oil produced from flax seeds is known as flaxseed oil or linseed oil. The unspun fibers of the flax plant may also be referred to by the term "flax," in addition to the plant itself. Flax seeds are a very popular food ingredient due to the number of benefits it provides to humans and animals. They are loaded with nutrients, including protein, fiber, and omega-3 fatty acids, along with several essential vitamins and minerals. ALA, a type of omega-3 fatty acid that may have numerous benefits for heart health, is abundant in flaxseed. The lignans found in flaxseed may help slow the growth of cancer. Flaxseed also helps in promoting regular bowel movements and improves gut health. The high fiber content of flaxseed may assist in lowering cholesterol levels and enhancing heart health. Flaxseed may also be particularly useful for those with high blood pressure, as it might assist with bringing down this market of heart health. Due to these numerous benefits, the global flax seeds for animal feed market is anticipated to have a fast CAGR during the forecasted period.

Global Flax Seeds for Animal Feed Market Drivers:

The potential health benefits of flax seeds for animals are fuelling the growth of the global flax seeds for the animal feed market.

Flax seeds have been found to be beneficial for animals as it consists of a number of nutrients, including high protein, fiber, magnesium, choline, manganese, and fatty acids like omega-3, which aids animals in improving digestive health, boosting the immune system, improving skin and coat health, and reducing inflammation. Therefore, this factor drives the demand for flax seeds in animal feed.

The shift towards natural and organic animal feed is another factor contributing to the growth of the global flax seeds for the animal feed market.

With the increasing awareness regarding the harmful effects of chemicals in conventional flax seeds, many individuals have started to shift to natural and organic flax seeds as they lack pesticides and harmful chemicals, making them safe to consume for animals. In addition, organic flax seeds provide animals with maximum benefits compared to conventional flax seeds. Therefore, this factor also drives the demand for flax seeds in animal feed.

Global Flax Seeds for Animal Feed Market Challenges:

The global flax seeds for animal feed market is encountering challenges, primarily in terms of the negative effects of overconsumption of flax seeds and limited shelf-life. Overconsumption of flax seeds can have toxic side effects on animals, including bloating, gas, and in worse cases, vomiting, and diarrhea. Moreover, flax seeds need to be refrigerated once they are in powder or ground form. This can restrict their overall shelf life. Thus, these challenges inhibit the growth of global flax seeds in the animal feed market.

Global Flax Seeds for Animal Feed Market Opportunities:

The expansion of flax seeds to the aquaculture industry presents a lucrative opportunity in the global flax seeds for the animal feed market. Given the rising demand for flax seeds due to the potential health benefits that it provides to animals, major flax seed companies can stand to gain significantly from this opportunity by expanding their product to the aquaculture industry as flax seeds consist of omega-3 fatty acids that are essential for the growth and development of the fish, in order to broaden their customer base and boost their overall revenue.

COVID-19 Impact on the Global Flax Seeds for Animal Feed Market:

The outbreak of the COVID-19 pandemic substantially impacted the global flax seeds for animal feed market. The implementation of strict lockdowns, traveling restrictions, and social distancing measures across several nations hindered many companies' manufacturing capacities and caused a shortage of skilled workforce. The pandemic caused disruptions in supply chains and distribution of goods and services, which highly affected the availability and price of flax seeds, especially high-quality ones, for animal feed. These factors negatively impacted the growth of the global flax seeds for the animal feed market. Despite these challenges, the global flax seeds for animal feed market is projected to recover and grow in the coming years.

Global Flax Seeds for Animal Feed Market Recent Developments:

• In August 2022, Wiggles unveiled the expansion of its dog food category with the launch of EveryDawg in three variants, Mother and Puppy, Puppies, and Adult Dogs. The EveryDawg Puppy variant consists of the right ingredients, including flaxseed, rosemary, cumin and carom seeds, hemp powder, fish oil, papaya, pumpkin, black pepper, cumin and carom seeds, and yucca extract in the right proportions that give puppies the right benefits and proper growth and development nourishment.
• In August 2022, Badlands Ranch, a new and premium dog nutrition brand, offering superfood-packed dog food and treats for teeth health, was founded by Katherine Heigl, an actress, philanthropist, and advocate for animals. It is named after her family ranch in Utah, where they collaborate with the Jason Debus Heigl Foundation to provide medical care, obedience training, and assistance in permanently rehoming dogs across the United States.
• In April 2022, the NUTRO brand unveiled its newest product line, NUTRO SO SIMPLE. The products are a healthy alternative to increasingly complicated dog food options, which use only a handful of high-quality key ingredient sources, like chicken, brown rice, whole grains, and flaxseed, to make flavorful meals and snacks.

FLAX SEEDS FOR ANIMAL FEED MARKET REPORT COVERAGE:

Global Flax Seeds for Animal Feed Market Segmentation:

Global Flax Seeds for Animal Feed Market Segmentation: By Nature

• Organic Flaxseed
• Conventional Flaxseed

Based on nature, the global flax seeds for the animal feed market is segmented into organic flaxseed and conventional flaxseed. In 2022, the organic flaxseed segment held the highest market share. The growth can be attributed to the lack of pesticides and harmful chemicals in organic flax seeds in comparison to the conventional ones, which makes them safe to consume for animals. In addition, organic flax seeds have high nutritional value, including protein, fiber, and omega-3 fatty acids, and provide a number of health benefits to animals, such as improved digestion, improved skin and coat health, reduced inflammation, and boosted immune system, which further propels this segment's growth.

Global Flax Seeds for Animal Feed Market Segmentation: By Form

• Ground Flaxseed
• Flaxseed Oil
• Whole Flaxseed
• Others

In 2022, the ground flaxseed segment held the highest market share. The growth can be attributed to ground flax seeds being easier to digest than whole flax seeds. Whole flax seeds consist of phytic acid, which makes them difficult for animals to absorb nutrients. Moreover, these flax seeds may pose a choking hazard for animals as they are indigestible. Due to these reasons, many individuals prefer to feed their animals the ground form to provide them with the highest benefits of flax seeds. The addition of ground flax seeds in the animal feed also helps in not disturbing the consistency and texture of the animal food.

Global Flax Seeds for Animal Feed Market Segmentation: By Distribution Channel

• Hypermarkets/Supermarkets
• Retail Stores
• Online Mode
• Others

Based on the distribution channel, global flax seeds for the animal feed market are segmented into – Hypermarkets/Supermarkets, Retail Stores, Online Mode, and Others.

In 2022, hypermarkets and retail stores collectively held the highest market share in the global market and are anticipated to hold dominance during the forecast years as well. However, due to the shift in consumption patterns and changed behaviour toward online platforms, the online distribution channel mode is anticipated to expand the fastest during the outlook period.

Global Flax Seeds for Animal Feed Market Segmentation: By Region

• North America
• Europe
• Asia-Pacific
• Rest of the World

In 2022, the region of North America held the largest share of the global flax seeds for the animal feed market. The growth can be attributed to the high production of flax seeds in the countries of the United States and Canada, the rising adoption of organic flax seeds due to the potential health benefits for animals, and the growing demand for ground flax seeds for better digestibility for animals. Canada is also one of the largest producers of flax seeds across the globe, which not only produces flax seeds for human consumption but for animal feed as well. In addition, the region is home to several significant market players, including Archer-Daniels-Midland Company, Richardson International Limited, CanMar Foods Ltd., AgMotion, Inc., and Avena Foods Limited. 

Asia-Pacific is anticipated to be the fastest-growing region during the forecast period, owing to the rising demand for flax seeds in countries, such as China, India, and Japan, due to the potential health benefits that it provides to humans and animals. 

Global Flaxseeds for Animal Feed Market Key Players:

1. Archer-Daniels-Midland Company (United States)
2. Richardson International Limited (Canada)
3. Linwoods Health Foods (United Kingdom)
4. CanMar Foods Ltd. (Canada)
5. The Linseed Farm (United Kingdom)
6. AgMotion, Inc. (United States)
7. Avena Foods Limited (Canada)
8. Nutraferma LLC (United States)
9. Flax Farm Ltd. (United Kingdom)
10. Shape Food Inc. (Canada)