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

Key Developments

• In April 2024, Cognizant, a leading IT services provider, signed a global infrastructure deal with McCormick & Company, a key player in the poppy seed distribution industry. This collaboration is designed to improve operational efficiencies and enhance supply chain management in the poppy seeds market. Cognizant Technology Solutions Corporation, commonly known as Cognizant, is a leading global provider of information technology, consulting, and business process services.
• In January 2024, Saco Foods, a leading supplier of specialty food ingredients, completed the acquisition of Solo Foods, LLC from Sokol & Company. This strategic move aims to enhance Saco Foods' product portfolio in the specialty food ingredient market, with a particular focus on expanding its offerings, including poppy seeds.
• In December 2023, Olam Agri, a major producer of poppy seeds, became a part of two global initiatives aimed at promoting agricultural sustainability. This decision is in response to the rising consumer demand for food products sourced sustainably. Olam Agri is a leading global agri-business focused on food, feed, and fiber supply chains. As part of the Olam Group, the company is headquartered in Singapore and operates across more than 30 countries.