Press release
Saffron Market size expected to grow at 7.3 percent CAGR through 2022 to 2029, reaching USD 1.77 Bn
Global Saffron Market
Saffron Market Scope and Research Methodology:
The market intelligence report on the saffron market provides valuable information on the market drivers, challenges, restraints, market penetration, and opportunities prevailing in the saffron market. The detailed analysis of prospects helps stakeholders and investors formulate investment and production decisions. The report used both quantitative and qualitative methods for the analysis of the industry. The market size and estimations along with the growth rate are covered in the report. The bottom-up approach was used for market estimations which were validated by various segments.
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Key market players and new entrants are compiled to draw a comprehensive competitive analysis. The compilation is carried out based on the revenue generated, financial health, marketing tactics, technological advancements, mergers and acquisitions, and joint alliances. Key players are concentrated in developed regions for which regional partnership and distribution agreements are in place. A thorough analysis of such agreements is also carried out to give new entrants to the market an overview of the Saffron Market.
Research tools such as SWOT, PESTLE, and Porter's Five Force analysis were used to understand the underlying factors affecting the. n understanding of the micro and macro-economic factors that have had an impact on the growth of the Saffron Market is provided in the report.
Saffron Market Dynamics:
Saffron is one of the priciest spices and is used in several foods, drinks, and medications. Growing demand for saffron in medical and cosmetic applications is expected to be a key driving factor for the market in the forecast period. Saffron is rich in antioxidants and offers several health benefits. The colouring and flavouring strengths and aroma of grade products contributed to the highest share. The high colouring and flavouring strength of the grade I saffron makes it suitable for premium culinary applications, fragrances, and premium personal care products. The increasing popularity of premium products boosts demand for high-quality saffron, which fuels the segment's growth.
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Saffron Market Regional Insights:
Asia pacific led the global saffron market in 2021 accounting for a revenue share of more than 37.5 percent India is the leading producer in Asia pacific where India and china are among the leading consumers in the region. The Kashmiri saffron produced by India is in high demand across the globe owing to its distinct colour and flavour.
Europe is a significant saffron market for re-exports since some of its members enjoy significant competitive advantages in their processing, packaging, and branding capacities. These importers are constantly searching for more high-quality products because the value-added revenues from re-exports are sizable. Europe's saffron market share in the international sector is projected to rise as a result of the rising re-exports by European nations. Middle East and Africa is expected to have the fastest growth of 9.3 percent over the forecast period. Iran is the largest producer in Middle East and Africa across the globe.
Saffron Market Segmentation:
By Formulation:
Powder
Liquid
Thread
By End Use:
Food
Medical
Cosmetics
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Saffron Market Key Players include:
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
Gohar Nab Sara
Great American Spice
HEA & Co Spanish
Rah Abrisham Sialk International
Taj Agro Products,
King Kesariya
Damon Enterprises
Good Life Global
Rowhani
Jmd Agro Foods
Table of content for the Saffron Market includes:
Saffron Market: Research Methodology
Saffron Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Saffron Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
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Global Saffron Market Segmentation
Global Market, by Formulation (2021-2029)
Global Market, by End Use (2021-2029)
Regional Saffron Market(2021-2029)
Regional Market, by Formulation (2021-2029)
Regional Market, by End Use (2021-2029)
Regional Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Formulation, End-Use and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic Industries, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified Type estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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