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Poppy seed oil is oil obtained from the seeds of yellowish-brown opium plant. It is a precious source of nutrients including saturated fatty acids, minerals and vitamins. Poppy seed oil is unique to the market and has several nutrient benefits due to the presence of large amounts of unsaturated essential fatty acids.
Apart from health it also has many skin care benefits and is gaining significant popularity in variety of cuisines. As a whole, poppy seed oil is expected to show steady increase in market in terms of both value and volume attributed to the high demand for nutritional and healthy oils.
The demand for poppy seed oil in the cosmetic industry has also gained major attention in the European region, the use of such oils in cosmetics is often linked to skin nutrition and is thus receiving significant attention from consumers.
The raw poppy seeds are harvested in the European regions of Czech-Republic, France, Hungary Germany and Turkey. North America imports most its poppy seed oil and the consumption is expected to grow in the forested period.
This is attributed to the health and nutritional benefits and spiking demand of nutritional supplements derived from natural products. The poppy seed oil market is regionally segmented into following key regions; North America, Latin America, Western Europe, Asia Pacific, Japan, Middle East and Africa.
The wide applications of poppy seed oil presents a great opportunity, the rise in demand is majorly driven by the heightened concerns among consumers reading health and general wellbeing. Changing consumer preference and lifestyle, with a higher natural product acceptance. The oil is available as a health supplement and thus is a key attraction for health conscious consumers.
Apart from culinary and supplement, poppy seed oil is also used in cosmetics, the oil contains essential fatty acid which are not synthesized by the body and is useful in the regulation of the hydration and the restructuring of the epidermis. Nutricosmetic products are being launched in the market with these unique selling propositions, which is attracting the consumers and creating a high value demand.
Poppy seed oil is a steadily growing market. Some of the key players in the global poppy seed oil market includes; Primoil Növényolajüzem, Northstar Lipids UK Ltd., Taj agro products Ltd., Ostro Organics Inc.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and regions.