Our latest research report entitled Saffron Extract Market (by nature (organic, and conventional), form (thread, liquid, and powder), application (food additives, medical and pharmaceuticals, dietary supplements, fragrance and aromatherapy, cosmetics and skincare, and other applications)) provides complete and deep insights into the market dynamics and growth of Saffron Extract. The latest information on market risks, industry chain structure Saffron Extract cost structure and opportunities are offered in this report. The past, present and forecast market information will lead to investment feasibility by studying the essential Saffron Extract growth factors.
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Rapidly expanding food and beverage industry across the globe is one of the major factor driving the growth
Saffron is a well-known herb used for a variety of purposes. It is a red-colored dried stigma extracted from the Crocus Sativus Linnaeus plant. The saffron extract contains three significant phytochemicals which are Picrocrocine, Safranal, and Crocin. These ingredients are responsible for bitterness, color, and aroma of the saffron extract.
In the food industry, the saffron extract is used as a coloring agent that gives a passionate yellow color to the food product, owing to its aromatic nature, the saffron extract is also used as a flavoring agent in the food product. The usefulness of saffron extract is also been identified in the medical field as it has antitumor properties and also useful to treat kidney pain, stomach pain, and menstrual pain.
Rapidly expanding the food and beverage industry across the globe is one of the major factors driving the growth of the market. Owing to the variety of applications of saffron extract in food items such as coloring agent, flavoring agent and aromatic agent, boosting its demand in this sector. Furthermore, the growing use of saffron extract in the medical field for the synthesis of drugs is also contributing to the growth of the market.
Saffron extract is proven to be useful in various medical conditions such as kidney pain, stomach pain, and menstrual pain also it has an antitumor property that is fuelling its demand in the pharmaceutical industry. On the other hand, the high cost associated with saffron and region-specific farming can hamper the growth of the market. However, growing demand from the food and beverage and pharmaceutical industry and rising awareness about the bifacial properties of saffron will provide a better opportunity to the market in the near future.
Asia Pacific Region is the Largest Producer
Based on the region, the Saffron extract market is categorized into North America, Europe, Asia Pacific, and RoW. The Asia Pacific dominates the region owing to the high demand of saffron in this region. Asia Pacific region is the largest producer of saffron in addition to that growing food and beverage industry and the presence of large saffron production countries is contributing to the growth of the market. The market in North America and Europe is expected to grow with healthy growth in the forecast period, the growing demand for special herbs in food and beverages is contributing to the growth of the market in this region.
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Report on Global Saffron Extract Market Covers Segments Such as Nature, Form, and Application
On the basis of nature, the sub-markets include organic and conventional. On the basis of form, the sub-markets include thread, liquid, and powder. On the basis of application, the sub-markets include food additives, medical and pharmaceuticals, dietary supplements, fragrance and aromatherapy, cosmetics and skincare, and other applications.
The report provides profiles of the companies in the market such as Activ’Inside, Monteloeder, KINGHERBS, Green Plants Extracts, Safrante Global Company S.L.U., Rowhani Saffron Co., Hijos de Eustaquio Abad y Cía S.L., USMS Saffron Co.Inc., Royal Saffron Company, Novin Saffron Co., and Other companies.
Browse Detailed TOC, Description, and Companies Mentioned in Report @ https://www.infiniumglobalresearch.com/food-beverage/global-saffron-extract-market
Reasons to Buy this Report:
- Comprehensive analysis of global as well as regional markets of the Saffron Extract.
- Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2025.
- Comprehensive analysis of the companies operating in this market.
- The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
- Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.