Latin America Flaxseed Oil Market To Grow During 2022-2027, Driven By Rising Applications In Cosmetics, Paints And Varnish Sectors

 El nuevo estudio de Informes de Expertos titulado ‘El Mercado Latinoamericano de Aceite de Linaza, Informe y Pronóstico 2022-2027′, ofrece un análisis profundo del mercado, evaluándolo por naturaleza, tipo, canal de distribución, aplicación y las regiones clave. El informe analiza los factores clave de éxito y las limitaciones, también rastrea las últimas tendencias en la industria y estudia su impacto en el mercado en general. Además, evalúa la dinámica del mercado, cubriendo los indicadores clave de demanda y precio, junto con el análisis del mercado basado en los modelos FODA y las Cinco Fuerzas de Porter.

The new report by Informes de Expertos titled, ‘Latin America Flaxseed Oil Market 2022-2027’, gives an in-depth analysis of the market, assessing it based on nature, type, distribution channel, application, and key regions. The report analyses key success factors and constraints, tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter’s Five Forces models.

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The key highlights of the report include:

Market Overview (2017-2027)

• Forecast CAGR (2022-2027): X%

The flaxseed oil market in Latin America is growing steadily due to the rising product applications in various sectors, including industrial, cosmetic, food, and pharmaceuticals. The product is witnessing extensive demand from the paint and varnish segment, where it is employed as a pigment binder in oil paints and is used to produce alkyd resins, drying oil finish, or varnish in wood finishing.

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Moreover, the various health benefits that the flaxseed oil offers are increasing its consumption among Latin Americans, as it is full of omega-3 fatty acids, which maintain heart health. Additionally, some evidence shows that they help prevent cancer, treat constipation, alleviate menstrual pain, and improve skin. Owing to these benefits, the product is witnessing increased demand from consumers. Lastly, rising investments in RD by the key players of the industry are paving the way for market growth.

Industry Definition and Major Segments

Flaxseed oil, also known as linseed oil or flax oil, is a colourless to yellowish oil derived from the dried, ripened seeds of the flax plant. The oil is gaining huge popularity as it is rich in vitamin B1, dietary fiber, magnesium, zinc, and essential fatty acids.

By nature, the market is classified into:

• Organic
• Conventional

By type, the industry has been divided into:

• Raw
• Boiled
• Others

By distribution channel, the industry is segmented into:

• Supermarkets and Hypermarkets
• Convenience Stores
• Specialty Store
• Online
• Others

Based on application, the market is segregated into:

• Cosmetics
• Food
• Pharmaceuticals
• Paints and Varnish
• Flooring
• Others

Key regions covered include:

• Brazil
• Argentina
• Mexico
• Chile
• Others

Market Trends

The most important trend being witnessed in the current times is the rising demand for natural products and oils exhibiting various health benefits. This is driving manufacturers to infuse products with healthy ingredients, such as flaxseed oil, especially in the nutricosmetic segment, where the oil is widely employed in the manufacturing of various cosmetic products. The product is also witnessing huge demand in the hair care products segment, such as shampoos and conditioners, etc., thus enhancing the industry’s growth. Besides this, the new strategies used by the industry players to expand their customer base coupled with increasing RD activities are expected to provide new market opportunities in the forecast period.

Key Market Players

The major players in the market are:

• Cargill, Incorporated
• Archer Daniels Midland Company
• Shape Foods Inc.
• Canmar Grain Products Ltd.
• Bartoline Limited
• Natrol, LLC
• Pharmavite LLC
• Others

This report covers their profiles and provides information on expansions, investments and mergers and acquisitions, among other latest industry developments.

About Us:

Informes de Expertos (https://informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

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Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

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