Latin America Camelina Sativa Market

Latin America Camelina Sativa Market Size, Growth, Trends and Forecast:

Latin America Camelina Sativa Market was worth USD xx billion in 2021 and estimated to be growing at a CAGR of xx%, to reach USD xx billion by 2026.  Camelina Sativa is a flowering plant from the family Brassicaceae and it is typically known as gold-of-pleasure, camelina or false flax. Camelina sativa seeds are rich source of essential fatty acids, which makes it a good source for nutritive in hair and skin problems. This plant is native to Europe and Central Asia and it is cultivated as oilseed crop to produce cooking oil, bio diesel, and jet fuel.

It is traditionally cultivated to produce animal feed and vegetable oil. It grows well in the temperate climate zone in light or medium soils but more adapted to cold semiarid climate zone and it has a short season crop from 85 to 100 days. The plant leaves and stems are partially hairy, seeds have a characteristic orange colour and its four-petaled flowers are pale yellow in colour. It is harvested and seeded with conventional farming equipment, so that crop rotation will be relatively easy for farmers.

Drivers and Restraints of Latin America Camelina Sativa Market:

Growing health awareness, rising usage of bio diesel and jet fuel, high requirement of edible oil, growth in food supplements, short season crop, rise in poultry and cattle industry and technology advancements in farming are driving the growth of Latin America Camelina sativa market. However, lack of knowledge, high packing cost and strict regulations are restraining the growth of the Camelina sativa market.

Latin America Camelina Sativa Market Segmentation:

Latin America Camelina Sativa Market – By Product Type:

• food

• industrial grade

The food industry is divided into human food and animal feed.

Latin America Camelina Sativa Market – By Application:

• food industry
• chemical industry
• biodiesel
• textile
• cosmetics
• jet fuel
• others

Geographical Analysis:

Latin America market region include countries such as Brazil, Mexico, Argentina, and remaining countries of South America. Brazil is one of the largest markets in this region followed by Mexico, Argentina, and Columbia, which are also intensifying their investments in the market.

Key Players:

Some of the key companies dominating the Latin America Camelina Sativa Market are Shxchangyu, Shunyou and Xasinuote.