According to IMARC Group’s latest report, titled “Saffron Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global saffron market is expected to exhibit a CAGR of 8.03% during 2022-2027. Saffron is an aromatic, golden-colored spice derived from the stigmas of the saffron crocus flower. Saffron acts as a natural antioxidant and anti-depressant as it contains crocin, crocetin, safranal, and kaempferol, which aids in the treatment of various medical ailments, including asthma, cough, cold, and measles. On account of these properties, saffron is widely utilized in the manufacturing of pharmaceutical drugs, perfumes, dyes, and various food products.

Note: We are updating our reports, If you want the latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Competitive landscape, etc. Click request free sample report, the report will be delivered to you via email within 24 to 48 hours.

Request Free Sample Report: https://www.imarcgroup.com/saffron-market/requestsample

Market Trends and Drivers:

The global saffron market is majorly being driven by rapid expansion in the food and beverage (F&B) industry, wherein it is used as a key coloring and flavoring agent. In line with this, the increasing health consciousness and rising awareness regarding the health benefits of saffron are further catalyzing the market growth. Additionally, the pharmaceutical industry is predominantly utilizing saffron to develop medicines for Alzheimer’s, asthma, depression, insomnia, and cancer, which is acting as a growth-inducing factor. Moreover, saffron possesses dermatological properties, due to which it is widely being used in the cosmetic industry for manufacturing various personal care products. Other factors, including the increasing production of organic and chemical-free saffron and the easy product availability through online and offline retail channels, are creating a positive outlook for the market.

Saffron Market 2022-2027 Competitive Analysis and Segmentation:  

Competitive Landscape With Key Players:

The competitive landscape of the saffron market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

  • Esfedan Trading
  • Flora Saffron
  • Gohar Saffron
  • Grandorco
  • Great American Spice Company
  • HEA&CO
  • Mehr Saffron Company
  • Rowhani Saffron Co.
  • Safrante Global Company S.L.U.
  • Taj Agro International
  • Tarvand Saffron Co.

Key Market Segmentation:

The report has segmented the global saffron market on the basis of type, form, application and region.

Breakup by Type:

  • Organic
  • Conventional

Breakup by Form:

  • Thread
  • Powder
  • Liquid

Breakup by Application:

  • Food
  • Pharmaceuticals
  • Cosmetics
  • Others

Breakup by Region:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)

Ask Analyst for Customization and Explore Full Report With TOC & List of Figures: https://www.imarcgroup.com/saffron-market

Key Highlights of the Report:

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Market Trends
  • Market Drivers and Success Factors
  • Impact of COVID-19
  • Value Chain Analysis
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Tags: saffron market demand, Saffron Market Trends, Saffron Market Size, Saffron Market Share, Saffron Market Growth, Saffron Market Report, Global Saffron Market, Saffron Market

See Campaign: https://www.imarcgroup.com/saffron-market

Contact Information:

IMARC Group 30 N Gould St, Ste R Sheridan, WY 82801, USA Email: sales@imarcgroup.com Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800

Tags:
Reportedtimes, PR-Wirein, iCN Internal Distribution, Research Newswire, English