Saffron Market
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Global <strong>Saffron</strong><br />
<strong>Market</strong><br />
Share, Global Trends,<br />
Analysis, Research, Report,<br />
Opportunities,<br />
Segmentation and Forecast,<br />
2016-2026<br />
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Report Description<br />
<strong>Saffron</strong> is derived from the flowers of saffron crocus and it is used in different sectors<br />
such as spice in food, for dyeing in textile industry and as an herbal medicine for health<br />
care treatment. In context to its characteristics, it is rich in color, essence, taste, aroma,<br />
fragrance and also has higher calories in terms of carbohydrates, protein and fiber. Due to<br />
its exotic nature it has higher demand from food and beverage sector as an ingredient<br />
where it has wide application in culinary food, dairy, confectionery, beverages etc. In<br />
global level market, saffron is one of the priciest food spice in world and also considered<br />
as an expensive as gold. This super premium product saffron has very hot demand in<br />
global level market and its demand is fulfill by the Iran as it is the largest saffron producer<br />
of in the world. On the other side in terms of consumption, U.S. lead the global saffron<br />
market.<br />
<strong>Market</strong> Dynamics of Global <strong>Saffron</strong> <strong>Market</strong>:<br />
There are certain drivers which are supporting the demand of saffron in global level.<br />
Demand from the food and beverage sector is one of the key driver which is making<br />
impact on global saffron market. Increasing demand of saffron especially in multi-cuisine<br />
food at global level has increased its demand as a key food ingredient in the culinary<br />
dishes for making it more pungent. In consideration to trend, its herbal nature and its<br />
demand from health conscious consumers due to its rich nutritional components,<br />
natural quality and the properties which enables to cure with various health diseases is<br />
expected further drive the market growth in the near future.
Report Description<br />
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<strong>Market</strong> Segmentation of Global <strong>Saffron</strong> <strong>Market</strong>:<br />
Global saffron market is segmented on basis of different aspects such as form,<br />
application. On the basis of form, it is segmented into threads and powder. Thread<br />
segment covers the maximum share in global saffron market in terms of value and<br />
volume. In context to application it includes food and beverages, pharmaceutical, textile<br />
and cosmetics. Further the market segment of application is sub-segmented as in food<br />
and beverage it has wide application as food ingredient in culinary food, dairy products,<br />
confectionery and beverages. In context to its application as herbal medicine in<br />
pharmaceutical sector as it is rich in nutritional components which help to fight with<br />
health issues related to digestion, blood pressure, cold, cough etc. In textile industry, it is<br />
used for coloring or dying purposes whereas in cosmetic products, saffron is used as<br />
herbal ingredient in skin care products. On assessing the market share of global saffron<br />
market on pie chart, it is assessed that figures will impel towards the saffron application<br />
in food and beverage segment followed by pharmaceutical. Reason behind outstrips<br />
performance of saffron in global level market is because of its widespread applications in<br />
food, dairy, confectionery, beverages etc. Such as in food it is used as spice to enhance<br />
the flavor, color and taste of the food recipes. Similarly in dairy it is used in ice-creams,<br />
yogurt, flavored milk etc. In addition to this it also gaining its demand from confectionery
Report Description<br />
as it is used as key ingredient in sweets and desserts and in beverage segment it is has<br />
application in flavored drinks, liquors etc.<br />
Regional Segment of Global <strong>Saffron</strong> <strong>Market</strong>:<br />
In perspective to regional segment it is segmented into seven regions of the world which<br />
includes North America, Latin America, Eastern Europe, Western Europe, and Asia-Pacific<br />
region, Japan, Middle East and Africa. More than 90% of the world’s saffron is produced<br />
by Iran followed by India and Spain. In terms of consumption, North America and<br />
European region accounts to highest share of consumption in global level market.<br />
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Major <strong>Market</strong> Players in Global <strong>Saffron</strong> <strong>Market</strong>:<br />
Major market players of <strong>Saffron</strong> are Grandor Company, Gohar Nab Sara Co., Baby Brand<br />
<strong>Saffron</strong>, Great American Spice Company, Rowhani <strong>Saffron</strong>, Green <strong>Saffron</strong>, Royal <strong>Saffron</strong><br />
Company, King Kesariya, Safrante Global Company and HEA & Co Spanish <strong>Saffron</strong> are<br />
some of the largest saffron sellers of the world.
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