According to the research report 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 size is projected to surpass USD 1,141.8 million by the end of the forecast period 2019-2026.
 

As per the findings of the report, growing application of linseed oil in several industries such as food, pharmaceuticals, and cosmetics is supporting the industry expansion. Moreover, spike in demand for various end-use products such as varnishes, coats & paintings, organic packaging and pharmaceutical will continue to simulate global linseed oil market growth.
 

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For the uninitiated, organic linseed oil is unrefined and cold pressed, and is widely available in marketplace owing to its nutritional benefits. In fact, the alpha linoleic acid present in linseed oil is a type of fatty 3 acids that aids in maintaining heart health. Moreover, another of its constituents, lignans, is reduces the risk of diseases like cancer owing to its rich anti-oxidant properties. It also functions as a natural laxative by reducing inflammation and body pain in severe conditions. Apart from this, it the oil comprises oleic acid which helps in bringing down cholesterol levels.  
 

Considering the application type, paints & varnishes segment are likely to record substantial growth in the forthcoming years. This can be ascribed to usage of linseed oil to form paint film for increasing the lifespan of products such as wooden table. Moreover, paints made from this oil preserve the wood without flaking or peeling. Also, color forming pigments work best with linseed oil, making it highly favorable in the paint industry.
 

On the geographical front, Asia Pacific is currently the leading contributor to global linseed oil industry remuneration, attributable to robust growth of food processing, pharmaceuticals, and paints & coatings industry in the region. Furthermore, with China, Malaysia, Indonesia, and India being the biggest producers and consumers of linseed oil globally, the APAC market will continue to showcase a positive growth trend.
 

Top players in global linseed oil market sphere are Gustav Heess GmbH, Krishi Oils Ltd., Henry Lamotte Oils GmbH, Cargill, Inc., Natrol, LLC, Archer-Daniels-Midland Company, Natural Factors Nutritional Products Ltd., Barlean’s, Bioriginal Food & Science Corp., and Granovita UK.