DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Saffron Market Analysis By Application (Food, Medical, Cosmetics), By Region (North America, Europe, Asia Pacific, South & Central America, Middle East & Africa, And Segment Forecasts, 2014 - 2025" report to their offering.
The global saffron market is expected to reach USD 2.0 billion by 2025
Rising product use in food applications as a flavoring and coloring agent will augment growth over the next nine years.
The product is being employed in medical applications to treat dry skin, cough, and asthma. Rising demand from the pharmaceutical sector on account of its antioxidant, anti-inflammatory, anti-tumor, and anti-diabetic properties is expected to have a positive impact on the industry. Growing popularity as an herbal health supplement is expected to propel product growth over the next nine years.
Rising product use in the treatment of acne, tan removal, and other skin related issues, is expected to fuel its need in the manufacturing of skin care products which in turn will fuel demand.
Increasing product use in textile and paint applications on account of properties such as oriental fragrance, natural color dyeing, and replacement of chemical color pigment respectively will propel industry development. Expansion of the perfume sector in Middle East & Africa and Asia Pacific is expected to propel product need over the next nine years.
The saffron market is a labor intensive sector along with specific agro-climatic condition requirements, which imply high production costs which in turn impact product prices. This factor may restrain industry development over the forecast period.
Key Topics Covered:
1. Methodology and Scope
2. Executive Summary
3. Saffron Industry Outlook
4. Saffron Market: Application Estimates & Trend Analysis
5. Saffron Market: Regional Estimates & Trend Analysis
6. Competitive Landscape
- Gohar Saffron
- Rowhani Saffron Co
- Iran Saffron Company
- Saffron Business Co.
- Tarvand saffron co
- Esfedan trading company
- Safrante Global Company, S.L.U.
- Royal Saffron Company
- Flora Saffron
- Meher Saffron
For more information about this report visit https://www.researchandmarkets.com/research/7wkjjl/saffron_market