Global and United States Saffron Extracts Market Report & Forecast 2023-2029

The research time span covered by the report is from 2018 to 2029; it provides an overview of the Global Saffron Extracts Market and also provides a deeper in-depth segmentation of the market by regions, product type and downstream industries.

The global Saffron Extracts market size in 2022 is XX million US dollars, and it is expected to be 920.0 million US dollars by 2029, with a compound annual growth rate of 7.90% expected in 2023-2029.

MARKET COMPETITIVE LANDSCAPE:

The main players in the Saffron Extracts market include Gohar Saffron (Iran), SURFIRAN (Iran), Safrante Global Company (Spain), Evolva (Switzerland), and Rowhani Saffron Co. (Iran). The share of the top 3 players in the Saffron Extracts market is XX%.

REGION SHARE:

The report covers the market size information of North America, Europe, Asia Pacific, Latin America, Middle East and Africa, and North America accounted for XX%, Europe accounted for XX% of Saffron Extracts market, and Asia Pacific accounted for XX%.

SEGMENT OVERVIEW:

The report segments the market by Type and Application. Thread accounted for XX% of Saffron Extracts market in 2022. Liquid share of XX%.

Food Additives accounted for XX% of the Saffron Extracts market in 2022. Medical and Pharmaceuticals accounts for XX%.

For competitive landscape, prominent players with considerable market shares are comprehensively analyzed in this report. With information regarding the concentration ratio and detailed data reflecting the market performance of each player shared, the readers can acquire a holistic view of the competitive situation and a better understanding of their competitors.

As the COVID-19 takes over the world, we are continuously tracking the changes in the markets. We analyzed the impact of the pandemic in detail, along with other key factors, such as macro-economy, regional conflicts, industry related news and policies. Meanwhile, market investment scenario, technology status and developments, supply chain challenges, among other essential research elements are all covered.

Key Factors Considered:

COVID-19

The report describes the market scenario during and post the pandemic in the vision of upstream, major market participants, downstream major customers, etc. Other aspects, such as changes in consumer behavior, demand, transport capacity, trade flow under COVID-19, have also been taken into consideration during the process of the research.

Regional Conflict / Russia-Ukraine War

The report also presents the impact of regional conflict on this market in an effort to aid the readers to understand how the market has been adversely influenced and how it's going to evolve in the years to come.

Challenges & Opportunities

Factors that may help create opportunities and boost profits for market players, as well as challenges that may restrain or even pose a threat to the development of the players, are revealed in the report, which can shed a light on strategic decisions and implementation.

With the development of the economy, the improvement of residents' consumption level and the upgrade of consumption structure, the food and beverage industry as a whole has shown a good growth trend. In the future, the production capacity will continue to expand, and the industrial structure will be further improved and optimized.

E-Commerce Growth: The growth of e-commerce has significantly impacted the food and beverage industry. Online grocery shopping and food delivery services have witnessed tremendous growth, especially during the COVID-19 pandemic. Companies have been investing in online platforms and expanding their digital presence to cater to changing consumer preferences.

Clean label and transparency: Consumers are increasingly seeking transparency in food products. Clean label initiatives emphasize the use of natural ingredients, removal of artificial additives, and clear and accurate labeling to provide consumers with more information about the food they consume.

Highlights-Regions

North America

United States

Canada

Europe

Germany

France

UK

Italy

Russia

Asia Pacific

China

Japan

South Korea

India

Southeast Asia

Australia

Latin America

Brazil

Argentina

Mexico

MEA

Saudi Arabia

UAE

Turkey

Player list

Gohar Saffron (Iran)

SURFIRAN (Iran)

Safrante Global Company (Spain)

Evolva (Switzerland)

Rowhani Saffron Co. (Iran)

Hijos de Eustaquio Abad & Co. SL (Spain)

Tarvand Saffron Co. (Iran)

Baby Brand Saffron (India)

Royal Saffron Company (India)

Saharkhiz International Group Inc. (Canada)

Novin Saffron (Iran)

Azafranes Machegos SL. (Spain)

Types list

Thread

Liquid

Powder

Application list

Food Additives

Medical and Pharmaceuticals

Dietary Supplements

Fragrance and Aromatherapy

Cosmetics and Skin Care

Others