LONDON, Nov. 8, 2021 /PRNewswire/ -- According to Brandessence Market Research, the global poppy seed market reached USD 210.7 million valuation in 2020. The market is expected to reach USD 250.6 million valuation by 2027, growing at 3.8% CAGR during 2020-2027 period. The Global Poppy Seed Market is expected to grow at a significant growth rate due to number of driving factors.
Poppy seed has become a frontrunner in increased experimentation to deliver healthy foods to consumers. Poppy seeds have a long history of usage in medicine for various common illnesses including headache, insomnia, cough, biliary colic, and cardiac asthma. The growing elderly population in developed countries, and ability of poppy seed oil to reduce fat, and risk of heart disease remains a major promise for its growth. Furthermore, poppy seeds are growing in key medical applications like diagnosis of cancer through imaging. The strong demand for poppy seeds in new applications promises new opportunities for growth during the 2020-2027 forecast periods.
Poppy seeds are essentially an oilseed derived from opium poppy. These small and kidney-shaped seeds have been harvested in Asia Pacific and Central Europe for thousands of years. Today, poppy seeds are widely distributed, and easy to find in shops in these regions. Poppy seeds are used as complete or grounded into meals as an ingredient in baked items like pastries, and bread.
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