Saffron Extract Market: Introduction
The plethora of uses associated with saffron has contributed to its allure. Saffron is a red coloured dried stigma extracted from the Crocus Sativus Linnaeus plant. Saffron extract constitutes three significant components, namely, Picrocrocine, Safranal, and Crocine, which are responsible for the bitterness, colour, and aroma of saffron extract, respectively. In the food industry, saffron extract is used as a food colouring and flavouring agent, as it gives a passionate yellow colour to the food product, and adds a pleasing aroma and flavour to too. Apart from its application in the food industry, saffron extract is used in medicines and pharmaceuticals for preventing and curing illness. Saffron extract acts as an antitumor and antimutagen agent, and treats painful conditions such as kidney pain, stomach pain, and menstrual pain. It also protects the retina from direct bright light, and prevents macular degeneration and retinitis pigmentosa. Saffron extract is used to control skin inflammation, and speeds the healing of burns and cuts.
To remain ‘ahead’ of your competitors, request for a samples@ https://www.persistencemarketresearch.com/samples/24232
Saffron Extract Market: Dynamics
The multifunctionality of saffron extract has resulted in increasing market opportunity for the same. With the growing food and beverage industry, the demand for saffron as a colouring and flavouring agent is growing. Besides, the health benefits associated with saffron extract are fuelling its demand in the market. Saffron extract is used in the formulation of medicines and pharmaceuticals due to its mutation preventing, anti-inflammatory, cancer suppressing, immune modulating, and antioxidant properties.
With hectic lifestyles and increasing mental health issues in the population, the demand for saffron extract is expected to increase pace in the near future, as saffron extract is nowadays used as an antidepressant to pacify nervous tension and prevent symptoms such as anxiety, sociophobia, and loss of libido. Also, the potential of saffron extract as a dietary and weight loss supplement is expected to lead to growing market demand for the extract over the forecast year.
Saffron Extract Market: Segmentation
| Basis of nature |
|
| Basis of form |
|
| Basis of application |
|
| Basis of region |
|
To connect with our sales representative@ sales@persistencemarketresearch.com
Saffron Extract Market: Regional Outlook
Saffron is native to Southwest Asia, and is the most exclusive and expensive spice in the world, due to the effort in manually extracting a large number of tiny stigmas from the flowers of the Crocus Sativus Linnaeus plant. Iran, India, Greece, Spain, Morocco, Italy, and Azerbaijan are dominant saffron producing countries, whereas, Europe and North America are the largest importers of saffron extract.
Saffron extract will see an increasing demand in regions such as Asia Pacific and Western Europe due to the immense popularity of saffron spice as a food colouring and flavouring agent. With the increasing health and wellness conscious population, the demand for saffron extract is expected to be boosted over the forecast period, owing to its numerous preventive and curative health benefits in medicines and pharmaceuticals.
The need for saffron extract is also anticipated to increase in the future, seeing its potential as a dietary and weight loss supplement, and its ability to treat the symptoms of depression and anxiety in people. Regions such as North America, where a majority of the population is suffering from obesity and mental health issues, are likely to be primary consumers of saffron extract, resulting in increasing market opportunity.
Saffron Extract Market: Key Players
The key market participants identified across the value chain of the global saffron extract market are Activ’Inside, Monteloeder, KINGHERBS, Green Plants Extracts, Safrante Global Company S.L.U., Rowhani SaffronCo., Hijos de Eustaquio Abad y Cía S.L., USMS Saffron Co.Inc, Royal Saffron Company, Novin Saffron Co., Gohar Saffron, and Azafranes Manchegos S.L.
For in-depth competitive analysis, buy now@ https://www.persistencemarketresearch.com/checkout/24232
Read More Trending “PMR Exclusive Article”
- Global Market Study on Agarwood Essential Oil: https://www.persistencemarketresearch.com/market-research/agarwood-essential-oil-market.asp
- Global Market Study on Pure Vanilla Extract: https://www.persistencemarketresearch.com/market-research/pure-vanilla-extract-market.asp
About us: Persistence Market Research
Contact us:
Persistence Market Research
Address – 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. – +1-646-568-7751
USA-Canada Toll-free – +1 800-961-0353
Sales – sales@persistencemarketresearch.com