The Poppy Seeds Market report published by Market Data Forecast provides a detailed account of the Market Trends via Customized Research presented as Strategic Analyses, Company Profiles, Competitive Landscape, etc. According to the report the Poppy Seeds Market is estimated to be USD xx billion in 2017 and predicted to rise to USD xx billion by 2022 with a CAGR of xx%. The market is divided by Form (Dried Seeds, Powder and Oil), by Application (Food and Cosmetics & Personal Care), by Distribution Channel (Direct Sales and Indirect Sales). Further the market is also geographically segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa.
The key driving factors of global Poppy Seeds market is the increasing popularity of poppy based bakery products, which has a significant effect on the demand of poppy seeds. In some countries, the poppy seeds are used as a filling. Now the poppy seeds are commonly added to puddings, bagels, cakes and tarts. This is driving demand for poppy seeds market. Apart for its use as a flavouring and dressing ingredient, the seeds are also used as dietary supplements to improve sleep cycle, it is marketed towards people who seem to suffer from anxiety‚ sleeplessness‚ and stress. In the recent past the botanical/herbal supplements have witnessed an upsurge in the market, which can be attributed to the heightened consumer trust in herbal supplements. Poppy seeds has also benefited from this growing demand in herbal based products and is estimated to grow in demand in terms of both volume and value.
The global Poppy Seeds market is segmented based on form into dried seeds, powder and oil. Powder form has the largest share in the segment. By application, the market is divided into food and cosmetics & personal care. The food segment is further divided into bakery and sauces & condiments. By distribution channel, the market is divided into direct sales and indirect sales. Indirect segment is further divided into specialty stores, modern trade, online retail and other retail formats. In developed countries, supermarkets and hypermarkets usually have the largest market share.
The Global Poppy Seeds market is divided based on geography into North America, Latin America, Asia-Pacific, Middle East and Africa and Europe. Asia Pacific has the leading market for Poppy Seeds in the world, which is followed by Europe and North America regions. Asia Pacific region is expected to have the fastest growth rate during the forecast period, owing to growing cultivation as a commercial crop in countries like India.
Some of the major players in the market are Solo Foods, Inc., Bob's Red Mill Natural Foods, Frontier Natural Products Co-op, Bio Nutrition Inc., Olivenation LLC., Woodland Foods among others.
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