Saffron Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2024 to 2031)
Global saffron market is anticipated to grow at a CAGR of 6.4% during the forecast period (2024-2031). Saffron have a wide range of applications in healthcare and food & beverages, among others. It is also utilized for their flavour, perfume, and colour in many different cuisines. Due to its anti-inflammatory, anti-cancer, and antioxidant qualities, it is also being utilized in traditional medicine. Its skin-brightening and anti-inflammatory qualities are additional application in cosmetics. Saffron's intense golden-yellow colour makes it a popular natural textile dye. Perfumes and beverages are also flavoured with it. In many countries, saffron is significant both culturally and religiously. Furthermore, the market has seen significant growth primarily owing to increased focus on R&D by both public and private organizations and growing applications. For instance,
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In August 2023, Genuine Health launched a product line
containing saffron, a research-proven ingredient linked to brain-health
benefits such as, reduced stress, mood enhancement, and improved memory.
The line includes adaptogens and antioxidants to support natural brain
functions.
·
In Auguat 2023, Tata Consumer Products introduced the
premium Kashmiri saffron category under its Himalayan brand, aimed to expand
its product portfolio with quality-proven products. The Grade 1 Kashmiri
saffron, sourced directly from the picturesque Kashmir valleys, is a premium
product.
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In October 2023, Himalayan launched its premium Kashmiri
Saffron segment, featuring a heart-touching story of a lady wandering through
the picturesque hills of Kashmir.
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In September 2019, Pharmactive Biotech Products
introduced Affron Spanish saffron extract in the Asia-Pacific market, offered
an all-natural, low dosage of 28mg per day, with potential for nutraceutical
applications in anxiety, asthma, relaxation, and sleep.
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Market: https://www.omrglobal.com/request-sample/saffron-market
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The market number available for – 2023-2031
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Base year- 2023
•
Forecast period- 2024-2031
Segment
Covered-
•
By Type
•
By Form
•
By Application
Regions Covered-
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North America
•
Europe
•
Asia-Pacific
•
Rest of the World
Competitive
Landscape- includes Gohar saffron co, Mehr Saffron,Royal Saffron, and
Tarvand Saffron Ghayen Co., among others.
Saffron Market Report
Segment
By Type
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Organic
·
Convention
By Form
·
Thread or Filament
·
Powder
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Liquid
By Application
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Food & Beverage
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Dietary Supplements
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Pharmaceutical
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Cosmetic and Skincare
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Others (Food Supplements, and Personal Care)
A full Report of Saffron Market is Available @ https://www.omrglobal.com/industry-reports/saffron-market
Saffron Market Report Segment by Region
North America
· United
States
· Canada
Europe
· UK
· Germany
· Spain
· France
· Italy
· Rest
of Europe
Asia-Pacific
· India
· China
· Japan
· South
Korea
· Rest
of APAC
Rest of the World
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Latin America
•
Middle East and Africa
Company Profiles
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Esfedan Saffron Co.
·
Gohar saffron co.
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Indus Organics
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Iran Saffron Co.
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Mehr Saffron
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Mehrab Saffron
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Rowhani Saffron Co.
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Royal Saffron
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Saffron Business
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Safran
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Saharkhiz Saffron Co.
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Tarvand Saffron Ghayen Co.
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countries are for analysis.
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data sources mined for investigation.
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