A
report by Transparency Market Research, titled, “Poppy Seed Market
- Global Industry Analysis, Size, Share, Growth, Trends, and Forecast
2017 - 2025,” prognosticates this market to progress with
increasing profits owing to the burgeoning bakery industry.
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The
popularity of poppy-based bakery products has been increasing since
the past few years, especially as a supplement to impart particular a
different taste to the products. Besides a flavoring and dressing
ingredient, the seeds also find use in the form of dietary
supplements. These dietary supplements are mainly targeted towards
people who are experiencing stress, sleeplessness and anxiety. An
upsurge in usage is noted in botanical supplements, thus making poppy
seeds a crucial part of the industry. This has also contributed
towards improved market growth.
The
global poppy seed market is segmented on the basis of application,
form, region, and distribution channel. Under form, the market is
segmented as dried seeds, oil, and powder. From these, the powdered
form of poppy seeds is extensively utilized while making bakery
products. Region-wise, the global poppy seed market is spread across
North America, Europe, the Middle East and Africa, and Asia Pacific.
Of these, maximum market growth is observed in Europe, wherein high
quality poppy seeds are grown. Apart from European countries,
prominent nations from North America and Asia Pacific have also
contributed towards the growth of the global poppy seed market.
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The
competitive landscape of the global poppy seeds market is highly
consolidated, owing to the existence of a plethora of players in the
market. Most players are imparting maximum focus on growing a variety
of poppy seeds, for fulfilling the growing demands of seeds in the
food and dietary supplements industries. Olivenation LLC., Solo
Foods, Inc., Frontier Natural Products Co-op, Woodland Foods, Bob's
Red Mill Natural Foods, and Bio Nutrition Inc., are key players
operating in this market.
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