The Latin America, Middle East and Africa Flaxseed Oil Market would witness market growth of 14.1% CAGR during the forecast period (2024-2031). In the year 2027, the LAMEA market's volume is expected to surge to 17,293.1 tonnes, showcasing a growth of 12.2% (2024-2031).
Flaxseed oil is increasingly being used in the cosmetics industry due to its rich composition of omega-3 fatty acids, antioxidants, and vitamins, which provide numerous skin benefits. In cosmetics, flaxseed oil is primarily used in skincare and haircare products, such as lotions, creams, shampoos, and conditioners. Its anti-inflammatory properties help soothe irritated skin, making it an ideal ingredient for products aimed at sensitive or acne-prone skin. The oil also serves as an excellent moisturizer, providing deep hydration without clogging pores. Flaxseed oil is valued for its ability to improve skin elasticity, reduce the appearance of fine lines, and promote a youthful glow due to its high content of lignans, which act as powerful antioxidants. Consequently, in Brazil, 1,261.8 kilo tonnes of flaxseed oil is expected to be utilized in cosmetics application by the year 2031.
The Brazil market dominated the LAMEA Flaxseed Oil Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $270 million by 2031. The Argentina market is exhibiting a CAGR of 14.9% during (2024 - 2031). Additionally, The UAE market would experience a CAGR of 13.2% during (2024 - 2031).
In modern herbal medicine, flaxseed oil has become a versatile remedy for various health concerns. Scientific research supports its therapeutic properties, bridging traditional practices and contemporary health solutions. The oil's high concentration of omega-3 fatty acids, antioxidants, and lignans is thought to be responsible for its capacity to successfully regulate chronic inflammation, reduce cardiovascular risk, and support hormonal balance. According to a review in Phytotherapy Research (2020), flaxseed oil’s bioactive compounds also exhibit potential anti-cancer and neuroprotective effects, further expanding its use in herbal formulations. Modern herbal remedies incorporate flaxseed oil into supplements, tinctures, and topical applications, enhancing its accessibility to a global audience.
In the industrial sector, flaxseed oil is increasingly being used in applications beyond its nutritional and cosmetic value. For instance, it is a raw material for producing linoleum flooring and certain paints and varnishes. These non-edible applications highlight flaxseed oil's diverse utility, making it a valuable commodity across various industries.
In the UAE, the flaxseed oil market is gaining traction among the affluent and health-conscious population. The increasing popularity of superfoods and functional nutrition in the region has made flaxseed oil a sought-after product. Its use in gourmet and vegan recipes aligns with the UAE’s evolving culinary preferences, especially among expatriates and urban residents. Furthermore, the country’s advanced retail infrastructure, including health-focused outlets like Organic Foods & Café, supports the product’s widespread availability. Thus, together, these factors highlight the growing potential of flaxseed oil in the LAMEA region as consumer preferences shift toward health-conscious and sustainable choices.
Free Valuable Insights: The Worldwide Flaxseed Oil Market is Projected to reach USD 13 Billion by 2031, at a CAGR of 12.5%
Based on Nature, the market is segmented into Conventional and Organic. Based on Application, the market is segmented into Food, Cosmetics, Pharmaceuticals, Paints & Varnish, and Flooring & Other Applications. Based on Distribution Channel, the market is segmented into Hypermarkets & Supermarkets, Convenience Stores, Specialty Stores, Online, and Other Distribution Channels. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
By Nature (Volume, Tonnes, USD Billion, 2020-2031)
By Application(Volume, Tonnes, USD Billion, 2020-2031)
By Distribution Channel (Volume, Tonnes, USD Billion, 2020-2031)
By Country (Volume, Tonnes, USD Billion, 2020-2031)
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