Market Highlights: Flax milk is made with organic flax seed and coconut sugar. Flax milk has numerous health benefits as it contains functional ingredients which are beneficial for life-threatening diseases like cancer, obesity, cardiovascular diseases, diabetes, renal and bone disorders. It is also a milk alternative for the people with lactose intolerances and soy or wheat allergies. Food and beverages companies are focusing on the production of organic and healthy food expected to drive the flax milk market. The market study is being classified by Type (Unsweetened Flax Milk, Original Flax Milk, Flavor Flax Milk and Others) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Flax Milk are Good Karma Foods, Inc. (United States), Dean Foods (United States), Go Beyond Foods (United States), Pacific Foods (United States), S.S. Johnson Seeds (Canada), Milkadamia (United States), Spectrum Organic Products, LLC (United States), Archer Daniels Midland Company (United States), Bioriginal Food & Science Corp. (Canada), Prairie Flax Products Inc. (Canada) and Cargill Inc. (United States).
The Distribution Channel, such as Hypermarkets, is boosting the Flax Milk market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
Major Market Development Highlights In December 2023, Italian Beverage Company (IBC Simply), renowned for shaking up beverages in foodservice for over 25 years, has acquired March Foods, one of the UKís leading co-packing and co-manufacturing companies to create a new force in UK food and drink manufacturing and packing for the future. In November 2023, Archer Daniels Midland formally will launch its Knwble Grwn brand and flaxseed oil at Natural Products Expo West in Anaheim, California, one of the nationís largest specialty food shows.
Key Questions Answered in the Report What will the Flax Milk Market size and the growth rate be in Future? What are the key factors driving the Flax Milk Market? What are the key market trends and macro-economic impacting the growth of the Flax Milk Market? What are the challenges to market growth? Who are the key vendors in the Flax Milk Market? What are the market opportunities and threats faced by the vendors in the Flax Milk Market? Trending factors influencing the market shares of the Vendors. What are the key outcomes of the five forces analysis of the Flax Milk Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Flax Milk market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Flax Milk market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Flax Milk Manufacturers, Flax Milk Suppliers & Distributors, Online Retailers, Research Laboratories, Research and Development Companies, Market Research and Consulting Firms, Government Agencies and Others. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.