Global Poppy Seeds Market – Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Poppy Seeds Market
The poppy seeds market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to reach at an estimated value of USD 0.46 billion and grow at a CAGR of 5.60% in the above-mentioned forecast period. Rising popularity of poppy based bakery products acts as an essential factor driving the poppy seeds market.
Poppy seed is defined as an oilseed which is obtained from the opium poppy and the tiny, kidney-shaped seeds have been harvested from dried seed pods by numerous civilizations for thousands of years. It is extensively used in many countries, especially in Central Europe and South Asia, where it is legally grown and sold in shops.
Escalating health benefits of poppy seeds is a vital factor escalating the market growth, also rising application of poppy seeds, rising health consciousness among the consumers, rising skin benefits of these seeds, rise in demand for herbal based products, rising demand for dietary supplements also escalates the demand for poppy seeds as they are also used in the supplements and rising research and development activities in the market are the major factors among others driving the poppy seeds market. Moreover, rising demand from the various end-user industries and rising demand from the emerging economies will further create new opportunities for the poppy seeds market in the forecast period of 2021-2028.
However, rising misuse of poppy seeds in major regions and limitations on trade are the major factors among others acting as restraints, and will further challenge the poppy seeds market in the forecast period.
Poppy seeds market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the poppy seeds market contact Data bridge market research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Poppy Seeds Market Scope and Market Size
The Poppy seeds market is segmented on the basis of form, application and distribution channel. The growth among various segments helps in the better analyzation of growth and strategies for better vision of market.
On the basis of form, the poppy seeds market is segmented into dried seeds, powder and oil.
Based on application, the poppy seeds market is segmented into food and cosmetics & personal care.
The poppy seeds market is also segmented on the basis of distribution channel into direct sales and indirect sales.
Poppy Seeds Market Country Level Analysis
The poppy seeds market is analysed and market size insights and trends are provided by country, form, application and distribution channel as referenced above.
The countries covered in poppy seeds market are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa (MEA).
Europe dominates the poppy seeds market due to rising application of poppy seeds, rising health consciousness among the consumers, rising skin benefits of these seeds, rise in demand for herbal based products and rising demand for dietary supplements also escalates the demand for poppy seeds in this region.
The country section of the poppy seeds market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Poppy Seeds Market Share Analysis
The poppy seeds market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to poppy seeds market.
The major players covered in the poppy seeds market report are Solo Foods, Bob’s Red Mill Natural Foods, Frontier Co-op., Bio Nutrition, OliveNation, Woodland Foods, Kampol. PPHU, Bora Agro Foods, M/s Mahabir Stores, Shree Laxmi Cardamom Co and UNIFOOD.CZ s.r.o among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analyst understands competitive strengths and provides competitive analysis for each competitor separately.