Saffron Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2028

Saffron Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2028

The report on the global saffron market provides qualitative and quantitative analysis for the period from 2020 to 2028. The report predicts the global saffron market to grow with a CAGR of nearly 4% over the forecast period from 2022-2028. The study on the saffron market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and RoW for the period of 2020 to 2028.

The report on the saffron market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global saffron market over the period of 2020 to 2028. Moreover, the report is a collective presentation of primary and secondary research findings.

Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market, and opportunities for the new entrants in the global saffron market over the period of 2020 to 2028. Further, IGR- Growth Matrix gave in the report brings insight into the investment areas that existing or new market players can consider.

Report Findings

1) Drivers

The extensive use of saffron in the thriving food business

Increasing the use of saffron in medicinal applications

2) Restraints

The availability of artificially colored counterfeit saffron and its flavor

3) Opportunities

Increasing awareness associated with its medicinal properties

Research Methodology

A) Primary Research

Our primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached include

1. Key Opinion Leaders associated with Infinium Global Research

2. Internal and External subject matter experts

3. Professionals and participants from the industry

Our primary research respondents typically include

1. Executives working with leading companies in the market under review

2. Product/brand/marketing managers

3. CXO level executives

4. Regional/zonal/ country managers

5. Vice President level executives.

B) Secondary Research

Secondary research involves extensive exploration through the secondary sources of information available in both the public domain and paid sources. At Infinium Global Research, each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.

The secondary sources of the data typically include

1. Company reports and publications

2. Government/institutional publications

3. Trade and associations journals

4. Databases such as WTO, OECD, World Bank, and among others.

5. Websites and publications by research agencies

Segment Covered

The global saffron market is segmented on the basis of form, and application.

The Global Saffron Market by Form

Thread

Liquid

Powder

The Global Saffron Market by Application

Food Additives

Medical and Pharmaceuticals

Dietary Supplements

Fragrance and Aromatherapy

Cosmetics and Skin Care

Other Applications

Company Profiles

The companies covered in the report include

Gohar Saffron

Saffron Business Co.

Rowhani Saffron Co.

Iran Saffron Company

Esfedan Trading Company

Tarvand Saffron Co

Mehr Saffron

Flora Saffron

Royal Saffron Company

What does this Report Deliver?

1. Comprehensive analysis of the global as well as regional markets of the saffron market.

2. Complete coverage of all the segments in the saffron market to analyze the trends, and developments in the global market, and forecast market size up to 2028.

3. Comprehensive analysis of the companies operating in the global saffron market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.

4. IGR- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidating, expanding, and/or diversifying.