Report Details-
Global Saffron Market, By Type (Organic, Conventional), Form (Thread, Powder, Liquid), Application (Food and Beverages, Pharmaceutical, Personal Care and Cosmetics, Textile), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2029.
Market Analysis and Insights Global Saffron Market
The saffron market is expected to witness market growth at a rate of 12.59% in the forecast period of 2022 to 2029. Data Bridge Market Research report on saffron market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in health consciousness globally is escalating the growth of saffron market.
Saffron refers to crimson-colored spice that is extracted from the filaments of the crocus sativus flower, and is widely used as a coloring and flavoring agent in various food products. The product is collected and then dried for further use. It is also utilized for adding desired color to textile dyes and fragrances to perfumes.
The rise in the cosmetic industry across the globe acts as one of the major factors driving the growth of saffron market. The high usage of saffron in the manufacturing of various personal care products, such as cleansers, anti-blemish and fairness creams, lotions, and shampoos, owning to its skin brightening and hair-strengthening properties accelerate the market growth. The increase in the inclination towards saffron as a natural coloring and flavoring agent due to the rise in health consciousness among the masses further influence the market growth. Additionally, change in consumer preference, surge in disposable income, and widespread product adoption as a key ingredient in various foods and beverages positively affect the saffron market. Furthermore, production of organic and chemical-free saffron to meet to the requirements of health-conscious consumers extend profitable opportunities to the market players in the forecast period of 2022 to 2029.
Global Saffron Market Scope and Market Size
The saffron market is segmented on the basis of type, form and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the saffron market is segmented into organic and conventional.
- On the basis of form, the saffron market is segmented into thread, powder and liquid.
- On the basis of application, the saffron market is fragmented into food and beverages, pharmaceutical, personal care and cosmetics and textile.
Saffron Market Country Level Analysis
The saffron market is analyzed and market size, volume information is provided by country, type, form and application as referenced above.
The countries covered in the global saffron market report are the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific dominates the saffron market because of the high consumption of the product and rise in popularity of Kashmiri saffron produced by India within the region. Middle East and Africa (MEA) is expected to witness growth during the forecast period of 2022 to 2029 due to the high consumption of the product in the region.
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Competitive Landscape and Saffron Market Share Analysis
The saffron market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to saffron market.
Some of the major players operating in the saffron market report are
· Gohar Saffron,
· Rowhani Saffron Co.,
· Iran Saffron Company,
· Saffron Business Co.,
· Royal Saffron,
· Damon Enterprises,
· Grandor,
· Golden Pars Maha,
· Shahri Food Products,
· Linkage Internationals,
· Esfahan Pishro,
· Mehr Azin Bonab,
· Great American Spice,
· HEA & Co Spanish,
· Taj Agro Products,
· Esfedan trading company, and
· Tarvand saffron co.,
among others.
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Major TOC of the Report
1 INTRODUCTION
2 MARKET SEGMENTATION
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
5 MARKET OVERVIEW
6 IMPACTS OF COVID-19 ON THE GLOBAL SAFFRON MARKET
7 GLOBAL SAFFRON MARKET, BY INDUSTRY TYPE
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