The Global Flaxseed Oil Market will register a CAGR of over 3% by 2023
NEW YORK, Dec. 10, 2018 /PRNewswire/ --
About this market
The demand for foods with fewer calories and essential nutrients among health-conscious population is increasing. As a result, there is an increase in the demand for fresh foods as they are unprocessed and contain fibers, vitamins, and naturally occurring minerals. Flaxseed oil slows down the aging process and help in reducing weight. Technavio's analysts have predicted that the global flaxseed oil market will register a CAGR of over 3% by 2023.
Read the full report: https://www.reportlinker.com/p05647284
Market overview
Benefits of consumption of flaxseed oil
Flaxseed oil contains alpha linolenic acid (ALA). ALA is a type of omega-3 fatty acid that is converted into active forms of omega-3 acids such as eicosapentaenoic acid (EPA) and docosahexaenoic acid (DHA) which helps in minimizing inflammation and improving the memory.
Presence of popular alternatives
Some of the alternative products include fish oil, grapeseed oil, and olive oil. These products are very close substitutes and easily available in the market.
For the detailed list of factors that will drive and challenge the growth of the flaxseed oil market during 2019-2023, view our report.
Completive landscape
The market appears to be concentrated with the presence of a few companies. Factors such as the demand for foods with fewer calories and essential nutrients and benefits of consumption of flaxseed oil, will provide considerable growth opportunities to flaxseed oil market manufacturers. Archer Daniels Midland Company, Cargill, General Nutrition Centers, Nature's Way Products, and Wonder Labs are some of the major companies covered in this report.
Read the full report: https://www.reportlinker.com/p05647284
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