POPPY SEEDS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Key Takeaways from Analyst

Rising demand for baked food products is a major driver for poppy seeds as they are commonly used as seasoning and topping in various baked goods such as pretzels, breads, bagels, and others. Poppy seeds also find increasing usage in seasoned coatings for meat and seafood dishes which is supporting market expansion. Growth in the food processing industry utilizing poppy seeds as an ingredient is anticipated to boost sales.

However, stringent regulatory norms pertaining to poppy cultivation and derivatives can hamper market participation, especially in developing countries. Climate risks associated with poppy cultivation also pose a threat. Proper crop management techniques need to be adopted to mitigate such risks. Europe dominates the current demand landscape led by countries like Austria, Hungary, and the Netherlands owing to traditional usage of poppy seeds in regional cuisines. Asia Pacific is expected to emerge as the fastest growing regional market in the long run on the back of rising health awareness and shifting consumer preference towards baked products with added health benefits.