The Saffron Market - Size, Share, Outlook, and Opportunity Analysis, 2021 - 2028

Saffron is a highly valued spice derived exclusively from the purple flower of Crocus sativa, also commonly called the "wild cardoon". The bright purple flowers and aromatic threads, also known as threads, are prized for culinary use mostly for flavor and as a coloring agent in baked goods, confections, and pickles. Saffron was the world’s costliest spice by weight in ancient times. Today it is used more for decorative spices than for cooking, but the thread-like golden-yellow center of saffron strands is an eye-catching feature of many foods.

Market Dynamics

Growing demand for natural food ingredient is driving growth of the saffron market. Moreover, rising awareness regarding health benefits of saffron is again stimulating growth of the market. Additionally, increasing use of saffron in healthcare industry coupled with growing organic farming will further favor growth of the market.
On the other hand, high cost of the saffron is expected to restrict growth of the market.

Key features of the study:

• This report provides in-depth analysis of the saffron market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2021-2028), considering 2020 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global saffron market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Safrante Global Company S.L.U., Evolva, Rowhani Saffron Co, Sara Nuts, Tarvand Saffron Co, Hijos de Eustaquio Abad & Co. S.L., USMS Saffron Co.Inc, Royal Saffron Company, Saharkhiz International Group Companies, Gohar Saffron, Novin Saffron Co., and Azafranes Manchegos SL
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global general anesthesia drugs market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global saffron market

Detailed Segmentation:

Global Saffron Market, By End Use :

• Retail
• Food Service
• Culinary Products
• Dairy Products
• Confectionary
• Tea
• Others
• Medical & pharmaceutical
• Cosmetic
• Skin Care
• Hair Care
• Others

Global Saffron Market, By function :

• Flavoring & spice
• Herbs
• Others

Global Saffron market, By Country :

• Netherlands
• Iran
• U.S.
• U.K.
• Germany
• France
• Spain
• China
• Belgium
• Luxembourg
• Italy
• Company Profiles

1. Safrante Global Company S.L.U.

• Company Overview
• Product Portfolio
• Key Strategies
• Recent Developments
• Future Plans

2. Evolva
3. Rowhani Saffron Co
4. Sara Nuts
5. Tarvand Saffron Co
6. Hijos de Eustaquio Abad & Co. S.L.
7. USMS Saffron Co.Inc
8. Royal Saffron Company
9. Saharkhiz International Group Companies
10. Gohar Saffron
11. Novin Saffron Co.
12. Azafranes Manchegos SL