According to a recent study titled ‘Linseed Oil Market Share, Size, Trends, Industry Analysis Report By Application Type; By Regions, Segments & Forecast, 2019 - 2026’, available with Market Study Report, global linseed oil market is projected to record an appreciable growth rate during 2019-2026 to amass USD 1,141.8 million by the end of the forecast period.
 

As per findings of the report, escalating demand from several industries especially food, pharmaceuticals, and cosmetics is fueling global linseed oil market growth. Moreover, rising health consciousness among individuals in tandem with growing inclination towards organic & natural products have boosted the demand for organic linseed oil, further accelerating the industry expansion.
 

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It is to be noted that fatty acids present in linseed oil help in decreasing cholesterol levels and keeping the heart healthy. Further, presence of lignans imparts antioxidant properties to the oil that reduce the chances of acquiring Cancer. It also functions as a natural laxative by lowering inflammation and body pain in serious conditions. Owing to these benefits, global linseed oil industry from the food processing and pharmaceutical segments is likely to gain significant traction in the upcoming years.
 

Speaking of global linseed oil market from paints & varnishes segment, the presence of volatile organic compounds (VOC) in linseed has withheld its use in petrochemical or solvent based paint products, ultimately spiking the industry remuneration. Linseed oil is widely used to form a paint film which tends to improve the product lifespan and preserves wood without flaking or peeling. Moreover, the product contains natural color forming pigments which further strengthens the product demand.
 

On the geographical front, Asia Pacific linseed oil industry is expanding at a robust pace with India, China, Japan, Malaysia, and Indonesia as the largest producers and consumers globally. Rapid expansion of players in food processing, pharmaceutical, and paints & coatings industries is contributing to the regional market growth.
 

Companies that hold majority of worldwide linseed oil market share are Krishi Oils Limited (KOL), Henry Lamotte Oils GmbH, Cargill Inc., Natrol LLC, Gustav Heess GmbH, Archer Daniels Midland (ADM) Co., Natural Factors Nutritional Products Inc., Barlean's, Bioriginal Food & Science Corp., and GranoVita UK Ltd.