Poppy Seed Market Trends and Forecast
The future of the global poppy seed market looks promising with opportunities in the food and personal care markets. The global poppy seed market is expected to reach an estimated $0.3 billion by 2030 with a CAGR of 4.0% from 2024 to 2030. The major drivers for this market are increasing demand for plant-based and vegan products and growing demand for these seeds from the pharmaceutical industry.
• Lucintel forecasts that dried seed is expected to witness the highest growth over the forecast period.
• Within this market, food is expected to witness the higher growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the Poppy Seed Market
• United States: In the United States, companies like McCormick & Company and Badia Spices Inc. are actively involved in the poppy seed market. McCormick & Company has expanded its organic poppy seed product line, responding to consumer demand for natural ingredients. Badia Spices Inc. has introduced innovative poppy seed blends for culinary applications, aiming to enhance flavor profiles in American cuisine. Government targets in the U.S. focus on regulatory compliance and food safety standards set by the FDA and USDA, ensuring quality control and consumer protection in poppy seed imports. Sources include industry reports, company press releases, and FDA updates.
• India: In India, companies such as Everest Spices and Dabur India Ltd. are leading players in the poppy seed market. Everest Spices has increased its production of poppy seed blends for traditional Indian dishes, meeting domestic and export demand. Dabur India Ltd. has launched poppy seed-based health supplements, promoting nutritional benefits and wellness among Indian consumers. Government targets in India support agricultural modernization through initiatives like the National Mission on Oilseeds and Oil Palm (NMOOP), aiming to increase poppy seed production and enhance farmer livelihoods. Sources include Ministry of Agriculture reports, company announcements, and industry analyses.
• China: ChinaÄX%$%Xs poppy seed market involves companies like COFCO Corporation and Yunnan Zhongyao Seed Industry Group. COFCO Corporation has invested in modern processing facilities for poppy seeds, ensuring high-quality standards and expanding export capabilities. Yunnan Zhongyao Seed Industry Group has focused on developing hybrid poppy seed varieties adapted to local climatic conditions, supporting sustainable agriculture practices. Government targets in China promote agricultural innovation and food security through policies under the Ministry of Agriculture and Rural Affairs, enhancing productivity and quality in poppy seed cultivation. Sources include China Agricultural Yearbook, industry publications, and company updates.
• Germany: In Germany, companies like Dr. Oetker and Sleaford Quality Foods Ltd. are prominent in the poppy seed market. Dr. Oetker has diversified its product portfolio to include poppy seed-based baking mixes and desserts, catering to European consumer preferences. Sleaford Quality Foods Ltd. has implemented advanced processing technologies for poppy seeds, ensuring efficiency and product quality in the European market. Government targets in Germany support organic farming and sustainable agriculture through regulations under the European UnionÄX%$%Xs Common Agricultural Policy (CAP), promoting environmental stewardship and biodiversity conservation in poppy seed farming. Sources include Eurostat reports, company announcements, and agricultural research publications.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Poppy Seed Market by Segment
The study includes a forecast for the global poppy seed market by type, application, and region.
Poppy Seed Market by Type [Value from 2018 to 2030]:
• Dried Seed
• Powder
• Oil
Poppy Seed Market by Application [Value from 2018 to 2030]:
• Food
• Personal Care
• Others
Poppy Seed Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Poppy Seed Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies poppy seed companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the poppy seed companies profiled in this report include-
• BobÄX%$%Xs Red Mill Natural Foods
• Frontier Natural Products
• Bio Nutrition
• Olivenation
• Woodland Foods
Recent Development in the Poppy Seed Market
• Dabur India Ltd. : Dabur India Ltd. has introduced poppy seed-based hair care products, promoting hair growth and scalp health benefits.
• Urban Platter : Urban Platter has expanded its online platform to include organic and gourmet poppy seed products, catering to niche market segments.
• Sleaford Quality Foods Ltd. : Sleaford Quality Foods Ltd. has invested in poppy seed processing technology to enhance efficiency and product quality standards.
• Dr. Oetker : Dr. Oetker has incorporated poppy seeds into their baking mixes and dessert products, appealing to baking enthusiasts and home chefs.
• Spicely Organics : Spicely Organics has committed to sourcing non-GMO and organic poppy seeds, aligning with consumer preferences for clean label ingredients.
Features of the Global Poppy Seed Market
Market Size Estimates: Poppy seed market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Poppy seed market size by type, application, and region in terms of value ($B).
Regional Analysis: Poppy seed market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the poppy seed market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the poppy seed market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the poppy seed market size?
Answer: The global poppy seed market is expected to reach an estimated $0.3 billion by 2030.
Q2. What is the growth forecast for poppy seed market?
Answer: The global poppy seed market is expected to grow with a CAGR of 4.0% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the poppy seed market?
Answer: The major drivers for this market are increasing demand for plant-based and vegan products and growing demand for these seeds from the pharmaceutical industry.
Q4. What are the major segments for poppy seed market?
Answer: The future of the poppy seed market looks promising with opportunities in the food and personal care markets.
Q5. Who are the key poppy seed market companies?
Answer: Some of the key poppy seed companies are as follows:
• BobÄX%$%Xs Red Mill Natural Foods
• Frontier Natural Products
• Bio Nutrition
• Olivenation
• Woodland Foods
Q6. Which poppy seed market segment will be the largest in future?
Answer: Lucintel forecasts that dried seed is expected to witness the highest growth over the forecast period.
Q7. In poppy seed market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the poppy seed market by type (dried seed, powder, and oil), application (food, personal care, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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