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Linseed Oil Market Size

  • Report ID: GMI1281
  • Published Date: Apr 2022
  • Report Format: PDF

Linseed Oil Market Size

Linseed Oil Market size surpassed USD 2.85 billion in 2021 and is estimated to grow at over 5.5% CAGR between 2021 and 2028. Increasing cultivator attention towards the linseed oil in regular farming practices owing to increasing nutrition consciousness among consumers will propel the product demand. Linseed oil is rich in nutritional contents, which include fats and omega fatty acids, among several others. It is used in various end-use industries such as paints & varnishes, cosmetics, food, animal nutrition, and pharmaceuticals.

 

Linseed oil is used as a carrier in paint formulations. Additional traits that make the paints more desirable and enhances the product quality. It consists of antioxidants that help to maintain the skin’s moisture content and keeps under concerned parameters. This has boosted the market penetration into the cosmetic segment. The changing consumer perception toward natural ingredients due to the increasing awareness about chemical additives is promoting market growth.  

 

Authors: Kunal Ahuja, Sarita Bayas

Frequently Asked Questions (FAQ) :

Global market for linseed oil crossed USD 2.85 billion in 2021 and is anticipated to register over 5.5% CAGR between 2022 and 2028.

Raw linseed oil market value is predicted to exceed USD 1.25 billion by 2028 as the average income level of the global population is growing every year, thereby enabling them to splurge on expensive raw linseed oil.

The food application segment will be valued at over USD 910 million in global linseed oil industry by 2028 due to the rising awareness of the health benefits of this oil among customers.

Vandeputte Oleochemicals, Cargill, Inc., Henry Lamotte Oils GmbH, Archer Daniels Midland (ADM) Company, KH Chemicals, Jamieson Natural Sources, and Shape Foods, Inc., among many others, are the top participants in this market.

Linseed Oil Market Scope

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Premium Report Details

  • Base Year: 2021
  • Companies covered: 12
  • Tables & Figures: 193
  • Countries covered: 18
  • Pages: 220
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