Saffron Market Volume Forecast and Value Chain Analysis 2016-2026

Saffron is derived from the flowers of saffron crocus and it is used in different sectors such as spice in food, for dyeing in textile industry and as an herbal medicine for health care treatment. In context to its characteristics, it is rich in color, essence, taste, aroma, fragrance and also has higher calories in terms of carbohydrates, protein and fiber. Due to its exotic nature it has higher demand from food and beverage sector as an ingredient where it has wide application in culinary food, dairy, confectionery, beverages etc. In global level market, saffron is one of the priciest food spice in world and also considered as an expensive as gold. This super premium product saffron has very hot demand in global level market and its demand is fulfill by the Iran as it is the largest saffron producer of in the world. On the other side in terms of consumption, U.S. lead the global saffron market.

Market Dynamics of Global Saffron Market:

There are certain drivers which are supporting the demand of saffron in global level. Demand from the food and beverage sector is one of the key driver which is making impact on global saffron market. Increasing demand of saffron especially in multi-cuisine food at global level has increased its demand as a key food ingredient in the culinary dishes for making it more pungent. In consideration to trend, its herbal nature and its demand from health conscious consumers due to its rich nutritional components, natural quality and the properties which enables to cure with various health diseases is expected further drive the market growth in the near future.

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Market Segmentation of Global Saffron Market:

Global saffron market is segmented on basis of different aspects such as form, application. On the basis of form, it is segmented into threads and powder. Thread segment covers the maximum share in global saffron market in terms of...