Saffron Market Comprehensive Insight by Growth Rate, Industry Status, Forecast till 2031


Posted March 27, 2024 by mansi3210

Global saffron market is anticipated to grow at a CAGR of 6.4% during the forecast period (2024-2031).

 
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,

· 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.

· 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.

· 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.

To Request a Sample of our Report on Saffron Market: https://www.omrglobal.com/request-sample/saffron-market

Market Coverage

• The market number available for – 2023-2031

• Base year- 2023

• Forecast period- 2024-2031

Segment Covered-

• By Type

• By Form

• By Application

Regions Covered-

• 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

· Organic

· Convention

By Form

· Thread or Filament

· Powder

· Liquid

By Application

· Food & Beverage

· Dietary Supplements

· Pharmaceutical

· Cosmetic and Skincare

· 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

• Latin America

• Middle East and Africa

Company Profiles

· Esfedan Saffron Co.

· Gohar saffron co.

· Indus Organics

· Iran Saffron Co.

· Mehr Saffron

· Mehrab Saffron

· Rowhani Saffron Co.

· Royal Saffron

· Saffron Business

· Safran

· Saharkhiz Saffron Co.

· Tarvand Saffron Ghayen Co.

Reasons to buy from us –

1. We cover more than 15 major industries, further segmented into more than 90 sectors.

2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/saffron-market

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

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Contact no: +91 7803040404
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Categories Business , Food , Manufacturing
Last Updated March 27, 2024