PUBLISHER: Value Market Research | PRODUCT CODE: 1264223
PUBLISHER: Value Market Research | PRODUCT CODE: 1264223
The global demand for Poppy Seeds Market is presumed to reach the market size of nearly USD 465.06 MN by 2030 from USD 280.37 MN in 2022 with a CAGR of 6.53% under the study period 2023 - 2030.
Poppyseed is a type of oilseed derived from the opium poppy (Papaver somniferum). Poppy seeds are well-known for their high levels of linoleic acid, an omega-6 fatty acid. The seeds also have a high concentration of iron and phosphorus, which are minerals necessary for maintaining both muscles and bones. The high copper and iron content of poppy seeds promotes red blood cell synthesis, which aids in the prevention of anaemia and other blood-related diseases. Taking a teaspoon of poppy seed oil before going to bed has been shown to help relieve insomnia symptoms by encouraging relaxation.
The rising popularity of poppy-based bread items substantially impacts poppy seed demand. Poppy seeds are regularly incorporated into bagels, cakes, puddings, and tarts. The growing use of poppy seeds across bakeries is driving the poppy seeds industry. Aside from being used as a flavouring and dressing ingredient, the seeds are also utilized as dietary supplements to promote the sleep cycle; it is sold to persons who appear to suffer from sleeplessness, worry and tension. Herbal/botanical supplements have recently experienced a spike in the market, owing to increased customer faith in herbal supplements. Poppy seeds have benefited from the increase in demand for herbal-based products and are expected to grow in value and volume. Approvals for selling poppy seeds in numerous regions have increased their demand in the global market. The opium poppy is frequently employed in ornamental plants, a significant aspect of market growth. Opium poppy harvesting has gained traction in many areas. Government assistance has encouraged large-scale opium poppy cultivation. The use of poppy seeds in various culinary products has become a key market growth factor.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of poppy seeds. The growth and trends of poppy seeds industry provide a holistic approach to this study.
This section of the poppy seeds market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Poppy Seeds market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the poppy seeds market include Frontier natural products co-op, Woodland foods, Bob's Red Mill Natural Foods, PROBI, spol. s r.o., Belmar dis ticaret A.S., P.P.H.U. Kampol, Bata food, Bio nutrition Inc., Olivenation LLC., and Unifood.cz s.r.o. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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