Poppy Seeds Market, By Product (Oil, Powder, Dried Poppy Seeds, and Others), By Application (Food & Beverage, Cosmetics & Personal Care, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Description

The Global Poppy Seeds Market is estimated to be valued at USD 322.6 Mn in 2024 and is expected to reach USD 473.5 Mn by 2031, exhibiting a compound annual growth rate (CAGR) of 5.6% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2024:	US$ 322.6 Mn
Historical Data for:	2019 To 2023	Forecast Period:	2024 To 2031
Forecast Period 2024 to 2031 CAGR:	5.60%	2031 Value Projection:	US$ 473.5 Mn

Figure. Poppy Seeds Market Share (%), By Region 2024

Poppy seeds have been used globally for various culinary and traditional medicinal purposes for centuries. Poppy seeds are seed harvests from the opium poppy (Papaver somniferous) and possess a sweet, nutty flavor, and subtle flavor. The global demand for poppy seeds is increasing due to the growing food processing industry where poppy seeds are used popularly in baked goods, salad dressings, health drinks, etc. Poppy seeds are a rich source of various nutrients including fats, proteins, fiber, calcium, iron, and vitamins. Moreover, poppy seeds are known to possess anti-inflammatory properties that are beneficial for joint and muscle pain. With increasing health consciousness among consumers, the demand for nutritious poppy seeds is expected to rise significantly over the forecast period.

Market Dynamics

The global poppy seeds market is driven by the growing food processing industry where poppy seeds are used widely in various food applications due to their unique flavor profile. The increasing demand for nutritious foods from health-conscious consumers is also fueling the market growth. Moreover, rising awareness about the medicinal benefits of poppy seeds in reducing inflammation and joint pain is supporting the market expansion. However, fluctuations in poppy cultivation are expected to restrain market growth. Also, stringent import and export regulations of poppy seeds between countries due to narcotic substance content may challenge market players. Emerging application of poppy seeds in cosmetic products due to skin moisturizing properties presents lucrative opportunities for market participants over the forecast period.

Key Features of the Study

This report provides in-depth analysis of the global poppy seeds market, and provides market size (USD Mn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year

It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players

It profiles key players in the global poppy seeds market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies

Key companies covered as a part of this study include Olam International, A.P. Moller-Maersk, The Spice House, KSP Spices, McCormick & Company, Inc., T. Hasegawa Co., Ltd., A. J. Walter Aviation Ltd., Starwest Botanicals, Inc., Frontier Co-op, Badia Spices, Spice Islands, and S&B Foods Inc.

Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

The global poppy seeds market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global poppy seeds market

Market Segmentation

Product Insights (Revenue, USD Mn, 2019 - 2031)
- Oil
- Powder
- Dried Poppy Seeds
- Others
Application Insights (Revenue, USD Mn, 2019 - 2031)
- Food & Beverage
- Cosmetics & Personal Care
- Others
Regional Insights (Revenue, USD Mn, 2019 - 2031)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
Key Players Insights
- Olam International
- A.P. Moller-Maersk
- The Spice House
- KSP Spices
- McCormick & Company, Inc.
- T.Hasegawa Co., Ltd.
- J.Walter Aviation Ltd.
- Starwest Botanicals, Inc.
- Frontier Co-op
- Badia Spices
- Spice Islands
- S&B Foods Inc.

Product Code: CMI7588

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Global Poppy Seeds Market, By Product
- Global Poppy Seeds Market, By Application
- Global Poppy Seeds Market, By Region

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER's Analysis
Market Opportunities
Regulatory Scenario
Key Developments
Industry Trend

4. Global Poppy Seeds Market, By Product, 2019-2031, (USD Mn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Oil
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
Powder
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
Dried Poppy Seeds
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)

5. Global Poppy Seeds Market, By Application, 2019-2031, (USD Mn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Food & Beverage
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
Cosmetics & Personal Care
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)

6. Global Poppy Seeds Market, By Region, 2019 - 2031, Value (USD Mn)

Introduction
- Market Share (%) Analysis, 2024, 2027 & 2031, Value (USD Mn)
- Market Y-o-Y Growth Analysis (%), 2020 - 2031, Value (USD Mn)
- Regional Trends
North America
- Introduction
- Market Size and Forecast, By Product, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Mn)
- U.S.
- Canada
Latin America
- Introduction
- Market Size and Forecast, By Product, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Mn)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
Europe
- Introduction
- Market Size and Forecast, By Product, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Mn)
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, By Product, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Mn)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
Middle East
- Introduction
- Market Size and Forecast, By Product, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Mn)
- GCC Countries
- Israel
- Rest of Middle East
Africa
- Introduction
- Market Size and Forecast, By Product, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Country/Region, 2019 - 2031, Value (USD Mn)
- South Africa
- North Africa
- Central Africa

7. Competitive Landscape

Olam International
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
A.P. Moller-Maersk
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
The Spice House
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
KSP Spices
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
McCormick & Company, Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
T.Hasegawa Co., Ltd.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
J.Walter Aviation Ltd.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Starwest Botanicals, Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Frontier Co-op
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Badia Spices
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Spice Islands
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
S&B Foods Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies

8. Analyst Recommendations

Wheel of Fortune
Analyst View
Coherent Opportunity Map

9. References and Research Methodology

References
Research Methodology
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