The Global Saffron Market Size, Share, and Trends Analysis Report, By Form (Thread, Liquid, and Powder), By Application (Food Additives, Medical and Pharmaceuticals, Dietary Supplements, Fragrance and Aromatherapy, Cosmetics and Skin Care, and Other), Forecast (2022-2028).

The global saffron market is anticipated to grow at a significant CAGR during the forecast period (2022-2028). Saffron is a reddish-brown spice extracted from the flower fibers of crocus sativus and used of saffron as an agent for color and flavor in various food products, also used to add fragrance to the fragrance and desired color in textile dyes.The significant growth in the cosmetics industry across the globe represents one of the key factors creating a positive market outlook. Saffron is widely used in the manufacturing of various personal care products, such as lotions, cleansers, anti-blemish and fairness creams, and food products. The widespread acceptance of the product as an important ingredient in various foods and beverages is also driving the market growth. With increasing health awareness among the masses, consumers are using saffron as a natural agent for color and flavor; the rising prevalence of thread foam of saffron is expected to drive the growth of the global saffron market.
Increased government funding for R&D, greater collaboration between dietary supplements manufacturers to improve the saffron quality and public awareness of improving the quality of saffron with the help of food mixed products made by saffron will promote the growth of the market for the saffron market. The increasing popularity of premium products is further increasing the demand for high-quality saffron. According to the FDA, one driver in the market is a product line extension of saffron in the food and beverages sector. Due to the flavor, taste, and color of saffron, it is used extensively as a flavoring agent in food and beverage products to enhance the flavor of foods; this fact has attracted manufacturers to use the saffron market. For instance, the Indian subsidiary of Coca-Cola, in June 2019, launched a range of flavored milk products under the name VIO, which has been well accepted by Indian consumers.

Market Coverage
The market number available for – 2021-2028
Base year- 2021
Forecast period- 2022-2028

Segment Covered-
By Foam
By Application

Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World

Top major key players:
Rowhani Saffron Co., Saffron Business Co., Royal Saffron Co., Shahri Food Products Ltd., Linkage Internationals Inc., Esfedan trading co., and Tarvand saffron co., among others.

Key questions addressed by the report
What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
How has COVID-19 impacted the market?
Deviation from the pre-COVID-19 forecast
Most affected region and segment
Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?

Global Saffron Market Report by Segment
By Foam
Thread
Liquid
Powder

By Application
Food Additives
Medical and Pharmaceuticals
Dietary Supplements
Fragrance and Aromatherapy
Cosmetics and Skin Care
Other