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Poppy Seed Market Size to Grow by USD 40.26 Mn, Driven by Increasing Number of Vegans and Vegetarians – Technavio

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NEW YORK, Oct. 21, 2022 /PRNewswire/ — The poppy seed market will be driven by factors such as the increasing number of vegans and vegetarians. Vegans prefer healthy substitutes for meat, dairy, and other conventional sources of protein. Poppy seeds are considered a viable alternative to meat and dairy. They are healthier than meat sources and are free from cholesterol. Hence, their adoption has increased among fitness-conscious consumers. The demand for plant-based vegan food is growing. These foods are available in different flavors and packaging varieties such as on-the-go and single-serve pouches. Hence, vendors are diversifying their portfolios to cater to different customer segments. These factors are expected to fuel the growth of the global poppy seeds market during the forecast period.

The poppy seed market size is expected to grow by USD 40.26 million from 2021 to 2026. In addition, the growth momentum of the market will accelerate at a CAGR of 3.65% during the forecast period, according to Technavio. Although the increasing number of vegans and vegetarians is driving the poppy seed market growth, factors such as threats from other ingredients with similar benefits may challenge the market growth.

Download a comprehensive report summary that describes the market size and forecast along with research methodology. The FREE sample report is available in PDF format

Vendor Landscape

The poppy seed market is fragmented, and the vendors are deploying growth strategies such as differentiating their product offerings through a clear and unique value proposition to compete in the market. The vendors compete on price, the inclusion of fortified ingredients, product and packaging innovation, brand image, and product promotion. Some vendors are acquiring smaller players to expand their market presence. The high competition will encourage vendors to reduce their product prices, which will negatively impact their profit margins and overall market growth.

This report provides a full list of key vendors, their strategies, and the latest developments. Buy Now to gain exclusive access to vendor information

Poppy Seed Market Channel Outlook (Revenue, USD mn, 2021-2026)
  • Offline – size and forecast 2021-2026
  • Online – size and forecast 2021-2026
Poppy Seed Market Geography Outlook (Revenue, USD mn, 2021-2026)
  • Europe – size and forecast 2021-2026
  • APAC – size and forecast 2021-2026
  • North America – size and forecast 2021-2026
  • South America – size and forecast 2021-2026
  • Middle East and Africa – size and forecast 2021-2026

Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View a FREE PDF Sample Report

Revenue-generating Channel Segment

The offline segment will be a major contributor to market growth during the forecast period. The offline distribution channel includes intermediaries or the supply of poppy seeds directly to consumers. The involvement of fewer intermediaries results in high profits for producers and vice-versa, as producers and other bulk buyers are able to optimize their transportation costs and improve price realization.

Major Poppy Seed Companies
  • American Meadows Inc.
  • Baker Creek Heirloom Seeds
  • Bata Food
  • Belmar A.S
  • Bora Foods Pvt. Ltd.
  • Branded Garden Products Ltd.
  • Browntree
  • Central Garden and Pet Co.
  • Frontier Co. op
  • Healthy Master
  • ITC Ltd.
  • Nuts n Spices
  • Olivenation LLC
  • Probi Spol s.r.o
  • RR Pillais Agro Exim Pvt. Ltd.
  • Ruchi FoodLine
  • Select Seeds Co.
  • Takkaiah and Co.
  • Ugaoo Agritech Pvt. Ltd.
  • Woodland Foods Ltd.

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Vegetable Seeds Market in Mexico by Seed Type and Crop Type – Forecast and Analysis 2022-2026: The increasing investments in agriculture research are driving the market. Major global private firms are focusing on innovations in the agriculture sector. Commercial sales of genetically modified seeds have also increased.

Oilseeds Market by Type and Geography – Forecast and Analysis 2022-2026: The increasing demand for trans-fat-free oils is driving market growth. Rising concerns regarding the safety of food are increasing the demand for edible oils. The purchase and sales of clean-label, organic, and non-genetically modified organism (GMO) products are growing faster than traditional products.

Poppy Seed Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 3.65%

Market growth 2022-2026

USD 40.26 million

Market structure

Fragmented

YoY growth (%)

2.52

Regional analysis

Europe, APAC, North America, South America, and the Middle East and Africa

Performing market contribution

Europe at 46%

Key consumer countries

Canada, Australia, Germany, Poland, and Russia

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Key companies profiled

American Meadows Inc., Baker Creek Heirloom Seeds, Bata Food, Belmar A.S, Bora Foods Pvt. Ltd., Branded Garden Products Ltd., Browntree, Central Garden & Pet Co., Frontier Co. op, Healthy Master, ITC Ltd., Nuts n Spices, Olivenation LLC, Probi Spol s.r.o, RR Pillai’s Agro Exim Pvt. Ltd., Ruchi FoodLine, Select Seeds Co., Takkaiah and Co., Ugaoo Agritech Pvt. Ltd., and Woodland Foods Ltd.

Market dynamics

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Browse Consumer Staples Market Reports

Table of Contents

1 Executive Summary

  • 1.1 Market overview 
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Channel
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem 
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition 
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis 
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026 
    • Exhibit 13: Chart on Global – Market size and forecast 2021-2026 ($ million)
    • Exhibit 14: Data Table on Global – Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary 
    • Exhibit 17: Five forces analysis – Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers 
    • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers 
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants 
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes 
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry 
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition 
    • Exhibit 23: Chart on Market condition – Five forces 2021 and 2026

5 Market Segmentation by Channel

  • 5.1 Market segments 
    • Exhibit 24: Chart on Channel – Market share 2021-2026 (%)
    • Exhibit 25: Data Table on Channel – Market share 2021-2026 (%)
  • 5.2 Comparison by Channel 
    • Exhibit 26: Chart on Comparison by Channel
    • Exhibit 27: Data Table on Comparison by Channel
  • 5.3 Offline – Market size and forecast 2021-2026
    • Exhibit 28: Chart on Offline – Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on Offline – Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on Offline – Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on Offline – Year-over-year growth 2021-2026 (%)
  • 5.4 Online – Market size and forecast 2021-2026
    • Exhibit 32: Chart on Online – Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on Online – Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on Online – Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on Online – Year-over-year growth 2021-2026 (%)
  • 5.5 Market opportunity by Channel 
    • Exhibit 36: Market opportunity by Channel ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview 
    • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation 
    • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison 
    • Exhibit 40: Chart on Geographic comparison
    • Exhibit 41: Data Table on Geographic comparison
  • 7.3 Europe – Market size and forecast 2021-2026
    • Exhibit 42: Chart on Europe – Market size and forecast 2021-2026 ($ million)
    • Exhibit 43: Data Table on Europe – Market size and forecast 2021-2026 ($ million)
    • Exhibit 44: Chart on Europe – Year-over-year growth 2021-2026 (%)
    • Exhibit 45: Data Table on Europe – Year-over-year growth 2021-2026 (%)
  • 7.4 APAC – Market size and forecast 2021-2026
    • Exhibit 46: Chart on APAC – Market size and forecast 2021-2026 ($ million)
    • Exhibit 47: Data Table on APAC – Market size and forecast 2021-2026 ($ million)
    • Exhibit 48: Chart on APAC – Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on APAC – Year-over-year growth 2021-2026 (%)
  • 7.5 North America – Market size and forecast 2021-2026
    • Exhibit 50: Chart on North America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 51: Data Table on North America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 52: Chart on North America – Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on North America – Year-over-year growth 2021-2026 (%)
  • 7.6 South America – Market size and forecast 2021-2026
    • Exhibit 54: Chart on South America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on South America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on South America – Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on South America – Year-over-year growth 2021-2026 (%)
  • 7.7 Middle East and Africa – Market size and forecast 2021-2026 
    • Exhibit 58: Chart on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on Middle East and Africa – Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on Middle East and Africa – Year-over-year growth 2021-2026 (%)
  • 7.8 Germany – Market size and forecast 2021-2026
    • Exhibit 62: Chart on Germany – Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on Germany – Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on Germany – Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on Germany – Year-over-year growth 2021-2026 (%)
  • 7.9 Poland – Market size and forecast 2021-2026
    • Exhibit 66: Chart on Poland – Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on Poland – Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on Poland – Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on Poland – Year-over-year growth 2021-2026 (%)
  • 7.10 Russia – Market size and forecast 2021-2026
    • Exhibit 70: Chart on Russia – Market size and forecast 2021-2026 ($ million)
    • Exhibit 71: Data Table on Russia – Market size and forecast 2021-2026 ($ million)
    • Exhibit 72: Chart on Russia – Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on Russia – Year-over-year growth 2021-2026 (%)
  • 7.11 Australia – Market size and forecast 2021-2026
    • Exhibit 74: Chart on Australia – Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on Australia – Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on Australia – Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on Australia – Year-over-year growth 2021-2026 (%)
  • 7.12 Canada – Market size and forecast 2021-2026
    • Exhibit 78: Chart on Canada – Market size and forecast 2021-2026 ($ million)
    • Exhibit 79: Data Table on Canada – Market size and forecast 2021-2026 ($ million)
    • Exhibit 80: Chart on Canada – Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on Canada – Year-over-year growth 2021-2026 (%)
  • 7.13 Market opportunity by geography 
    • Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges 
    • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape 
    • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption 
    • Exhibit 85: Overview on factors of disruption
  • 9.4 Industry risks 
    • Exhibit 86: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered 
    • Exhibit 87: Vendors covered
  • 10.2 Market positioning of vendors 
    • Exhibit 88: Matrix on vendor position and classification
  • 10.3 Bata Food 
    • Exhibit 89: Bata Food – Overview
    • Exhibit 90: Bata Food – Product / Service
    • Exhibit 91: Bata Food – Key offerings
  • 10.4 Belmar A.S 
    • Exhibit 92: Belmar A.S – Overview
    • Exhibit 93: Belmar A.S – Product / Service
    • Exhibit 94: Belmar A.S – Key offerings
  • 10.5 Branded Garden Products Ltd. 
    • Exhibit 95: Branded Garden Products Ltd. – Overview
    • Exhibit 96: Branded Garden Products Ltd. – Product / Service
    • Exhibit 97: Branded Garden Products Ltd. – Key offerings
  • 10.6 Central Garden and Pet Co. 
    • Exhibit 98: Central Garden and Pet Co. – Overview
    • Exhibit 99: Central Garden and Pet Co. – Business segments
    • Exhibit 100: Central Garden and Pet Co. – Key offerings
    • Exhibit 101: Central Garden and Pet Co. – Segment focus
  • 10.7 Frontier Co. op 
    • Exhibit 102: Frontier Co. op – Overview
    • Exhibit 103: Frontier Co. op – Product / Service
    • Exhibit 104: Frontier Co. op – Key offerings
  • 10.8 ITC Ltd. 
    • Exhibit 105: ITC Ltd. – Overview
    • Exhibit 106: ITC Ltd. – Business segments
    • Exhibit 107: ITC Ltd. – Key offerings
    • Exhibit 108: ITC Ltd. – Segment focus
  • 10.9 Olivenation LLC 
    • Exhibit 109: Olivenation LLC – Overview
    • Exhibit 110: Olivenation LLC – Product / Service
    • Exhibit 111: Olivenation LLC – Key offerings
  • 10.10 Probi Spol s.r.o 
    • Exhibit 112: Probi Spol s.r.o – Overview
    • Exhibit 113: Probi Spol s.r.o – Product / Service
    • Exhibit 114: Probi Spol s.r.o – Key offerings
  • 10.11 Ugaoo Agritech Pvt. Ltd. 
    • Exhibit 115: Ugaoo Agritech Pvt. Ltd. – Overview
    • Exhibit 116: Ugaoo Agritech Pvt. Ltd. – Product / Service
    • Exhibit 117: Ugaoo Agritech Pvt. Ltd. – Key offerings
  • 10.12 Woodland Foods Ltd. 
    • Exhibit 118: Woodland Foods Ltd. – Overview
    • Exhibit 119: Woodland Foods Ltd. – Business segments
    • Exhibit 120: Woodland Foods Ltd. – Key offerings
    • Exhibit 121: Woodland Foods Ltd. – Segment focus

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist 
    • Exhibit 122: Inclusions checklist
    • Exhibit 123: Exclusions checklist
  • 11.3 Currency conversion rates for US$ 
    • Exhibit 124: Currency conversion rates for US$
  • 11.4 Research methodology 
    • Exhibit 125: Research methodology
    • Exhibit 126: Validation techniques employed for market sizing
    • Exhibit 127: Information sources
  • 11.5 List of abbreviations 
    • Exhibit 128: List of abbreviations
About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research

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Email: media@technavio.com

Website: www.technavio.com/

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