QYResearch: The global revenue of Flaxseed Oil market is expected to reach USD 5857.15 M USD in 2022
Analyst: Chen Lijun
Company：QYResearch
The global revenue of Flaxseed Oil market was valued at 4792.61 M USD in 2016 and is expected to reach USD 5857.15 M USD in 2022. In the future five years, we predict the CAGR of global revenue is 2.91%.
North America has the largest global export quantity and manufacturers in Flaxseed Oil market, while the China is the second sales volume market for Flaxseed Oil in 2016.
In the industry, Shape Foods profits most in 2016 and recent years, while Hongjingyuan and Fueder ranked 2 and 3.The market share of them is 7.38%, 7.34% and 5.92% in 2016.The gap of market share is keep on enlarged due to different strategy.
Nowadays, there are two mainly types of Flaxseed Oil, including Organic Flaxseed Oil and Inorganic Flaxseed Oil. And Organic Flaxseed Oil is the main type for Flaxseed Oil, and the Organic Flaxseed Oil reached a sales revenue of approximately 3820.31 M USD in 2016, with 79.71% of global sales revenue.
Flaxseed Oil technology is very mature now, and new enterprises can not surpass existing famous brands on reputation or design in the short term. So, the study group recommends the new entrants need to be considered carefully before enter into this field.
This article was first released by QYResearch analyst, if reproduced, please indicate the source.
Marketing: sales@qyresearch.com
Analyst:chenglijun@qyresearch.com
Media Contact: press@qyresearch.com
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