Linseed Oil Market: by Nature (Organic and Conventional), by Product Type (Raw Linseed Oil, Boiled Linseed Oil, Double-Boiled Linseed Oil, and Others), by Application (Dietary Food, Pharmaceuticals, Paint & Textile Industry, Leather Industry, Animal Feed, Personal Care, Processed Food, and Others), and by Distribution Channel (Online Retailers, Grocery Stores, Wholesaler, and Supermarkets)-Global Industry Analytics, COVID-19 Business Impact, and Trends, 2020 - 2029

                                          
Abstract
                    
The global linseed oil market was valued at 848 MN in 2018 and is expected to register CAGR of 4.9% over the forecast period. The report linseed oil market covers forecast and analysis on a global and regional level. The study presents a widespread valuation of the market, emerging trends, opportunities, competition, and industry-validated market numbers. The report offers notable data of 2016, 2017, 2018 along with an assessment from 2019 to 2026 based revenue (USD Million).

The increasing applications of linseed oil in various end-use industries, including paints and coatings, pharmaceuticals, and processed food could witness the remarkable growth of the market over the forecast timeframe. Linseed oil, also known as flaxseed oil, is a colorless to yellowish in color. It is consumed for its numerous health benefits and has several industrial applications. Linseed oil is widely used in the manufacturing of various products such as gliding, paints, putty, flooring, wood finish, nutritional supplement, and processed foods. The global linseed oil market has registered considerable CAGR value over the forecast period owing to increasing applications in paints and coatings and automotive industries. Linseed oil can be used as an additive in oil paints for transparent finishing and glossy look. Moreover, as an additive it can be applied to the vehicle’s body while coating to speed up drying. However, the availability of substitutes such as linoleum being used in applications of linseed oil could challenge the market growth.

Based on nature, the global linseed oil market has been classified into organic and conventional. The organic segment has accounted for the largest market share in 2018 in terms of revenue. The segment is expected to register significant CAGR value over the horizon owing to rising demand from consumers for organic personal care and cosmetics products. As organic linseed oil is highly used in skin moisturizers, shampoos, and conditioners owing to its anti-inflammatory properties, the segment is likely to gain a positive impact.

The global linseed oil market is categorized into raw linseed oil, boiled linseed oil, double-boiled linseed oil, and others based on the product type. Raw linseed oil is has accredited for the largest market share in terms of revenue. Raw linseed oil is used in wood finishing, especially for oiling cricket bats for better ball control to increase surface friction and other greasing application.

Based on application, the global linseed oil market has been classified into dietary food, paint & textile industry, pharmaceuticals, leather industry, processed food, animal feed, personal care, and others. The dietary supplement segment has accounted for the largest market share in 2018. The increasing consumer awareness regarding the nutritional health benefits of linseed oil is driving market growth. As linseed oil is rich in omega-3 fatty acids and has high fiber content, the demand for such food products is gaining traction. Owing to its anti-inflammatory properties, the oil is also used to relieve inflammation and pain, which is further boosting the market presence.

The global linseed oil market is bifurcated into online retailers, grocery stores, wholesalers, & supermarkets, based on the distribution channel. The online retail segment is expected to register the fastest CAGR owing to increasing internet penetration and usage of e-commerce websites for buying products. Supermarkets segment has accredited for the largest market share in 2018. As consumers in suburban areas prefer to buy from supermarkets, thereby gaining high footfalls, the segment has dominated the market share.

Based on the region, Asia-Pacific has dominated the market share in 2018, in terms of revenue. China is the major producer and consumer of flaxseeds and linseeds. The growing paints and coating industry in the region is the leading factor driving regional growth. Moreover, the growing population in the region and fostering demand from the pharmaceutical industry as linseed oil has numerous medical benefits is further fueling the regional market demand.

The global linseed oil market is merged key major players including ECO Overseas, Hangzhou Choisun Bio-tech Co. Ltd., Alberdinnk Boley GmbH, Sarika Venture Pvt. Ltd., Sanmark Corp., Spectrum Chemicals Mfg. Corp., OPW Ingredients, Jajjo Brothers, AOS Products Pvt. Ltd., Natrol LLC, Krishi Oils Ltd., Henry Lamotte Oils GmbH, Gustav Heese GmbH, Archer Daniels Midland Company, Cargill Inc., and others. The major tactics implemented by these leading companies in the market are partnerships, new product developments, mergers & acquisitions, and recent developments. These companies are focusing more on investment in expansions, collaborations, and expansions to increase their market share.

This report segments the global linseed oil market as follows:

Global Linseed Oil Market: Nature Segment Analysis

	Organic
	Conventional

Global Linseed Oil Market: Product Type Segment Analysis

	Raw Linseed Oil
	Boiled Linseed Oil
	Double-Boiled Linseed Oil
	Others

Global Linseed Oil Market: Application Segment Analysis

	Dietary Food
	Pharmaceuticals
	Paint & Textile Industry
	Leather Industry
	Animal Feed
	Personal Care
	Processed Food
	Others

Global Linseed Oil Market: Distribution Channel Segment Analysis

	Online Retailers
	Grocery Stores
	Wholesaler
	Supermarkets

Global Linseed Oil Market: Regional Segment Analysis

	North America
	
		U.S.
	
	
	Europe
	
		UK
		France
		Germany
	
	
	Asia Pacific
	
		China
		Japan
		India
	
	
	Latin America
	
		Brazil
	
	
	Middle East and Africa