IMARC Group, a leading market research company, has recently releases report titled “Poppy Seed Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032,” The study provides a detailed analysis of the industry, including the global poppy seed market size, share, trends, and growth forecast. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the poppy seed market?

The global poppy seed market size reached US$ 227.3 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 317.4 Million by 2032, exhibiting a growth rate (CAGR) of 3.8% during 2024-2032.

Factors Affecting the Growth of the Poppy Seed Industry:

Increasing Popularity of Functional Foods and Natural Supplements:

The rise in the popularity of functional foods and natural supplements significantly boosts the global poppy seed market. Functional foods, which are designed to offer health benefits beyond basic nutrition, often incorporate ingredients like poppy seeds due to their rich nutrient profile. Poppy seeds are known for their high levels of essential minerals such as calcium, iron, magnesium, and zinc, which contribute to overall health and well-being. As consumers become more health-conscious, they seek out foods that offer added health benefits, driving the demand for poppy seeds in functional food products. Additionally, natural supplements that leverage the nutritional benefits of poppy seeds, including their potential to aid in digestion and improve skin health, are gaining traction.  

Rise in Disposable Incomes and Changing Lifestyles in Emerging Economies:

The rise in disposable incomes and changing lifestyles in emerging economies plays a crucial role in expanding the global poppy seed market. As economies grow and disposable incomes increase, consumers in developing regions gain greater purchasing power and exhibit a willingness to spend on a variety of food products, including specialty ingredients like poppy seeds. This shift in consumer behavior is accompanied by a growing interest in diverse and exotic foods, driven by exposure to international cuisines and an increasing number of middle-class households. Changing lifestyles, characterized by busier schedules and a greater emphasis on convenience, lead to higher consumption of processed and ready-to-eat foods, which often include poppy seeds.  

Supportive Government Policies and Trade Agreements:

Supportive government policies and trade agreements have a significant impact on the global poppy seed market by facilitating international trade and improving market accessibility. Many governments recognize the economic value of agricultural products, including poppy seeds, and implement policies that support their cultivation and export. These policies can include subsidies, research funding, and initiatives aimed at improving agricultural practices. Additionally, trade agreements between countries can reduce tariffs and trade barriers, making it easier for poppy seeds to enter new markets and reach a broader audience. Furthermore, the establishment of quality standards and certifications through international trade agreements can enhance product credibility and consumer trust.

Request for a sample copy of this report: https://www.imarcgroup.com/poppy-seed-market/requestsample

Global Poppy Seed Market Trends:

The global poppy seed market is influenced by various drivers that shape its dynamics and growth trajectory, such as the increasing consumer awareness regarding the health benefits associated with poppy seeds, including their high nutritional value and potential medicinal properties, drives demand across diverse demographics. Additionally, the expanding food and beverage (F&B) industry, particularly in regions like Asia-Pacific and Europe, fosters market growth as poppy seeds are widely used in culinary applications, including baking and cooking, which is boosting the market growth. Moreover, the rising popularity of organic and natural ingredients fuels the demand for organic poppy seeds, reflecting a broader consumer shift towards healthier and environmentally sustainable products.  

What is included in market segmentation?

The report has segmented the market into the following categories:

Poppy Seed Market Report Segmentation:

Breakup By Form:

• Dried seeds
• Powder
• Oil

Powder represented the largest segment due to its versatility and ease of incorporation into various food and beverage products, such as baked goods, dressings, and sauces.

Breakup By Application:

• Food
• Personal care
• Others

Food represented the largest segment because poppy seeds are widely utilized in culinary applications, including baking, cooking, and as toppings for salads and desserts, driving significant demand within the food sector.

Breakup By Distribution Channel:

• Direct channel
• Indirect channel

The majority of the poppy seeds represented the largest segment, indicating a strong preference for traditional distribution channels such as supermarkets, grocery stores, and specialty food stores among consumers and businesses alike.

Market Breakup by Region:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa

Europe was the largest market owing to its rich culinary traditions, widespread use of poppy seeds in European cuisines, and established market infrastructure supporting the production, distribution, and consumption of poppy seed products across the region.

Who are the key players operating in the industry?

The report covers the major market players including:

• Bata food
• Belmar dis ticaret A.S.
• Bora Foods Pvt. Ltd.
• Frontier Co-op
• Olivenation LLC
• P.P.H.U. Kampol
• PROBI spol. S.r.o.
• Woodland Foods

Browse the full report with TOC and list of Figures: https://www.imarcgroup.com/poppy-seed-market

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US:

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

USA: +1-631-791-1145 | Asia: +91-120-433-0800

Email: sales@imarcgroup.com

LinkedIn: https://www.linkedin.com/company/imarc-group/mycompany/