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

The global saffron market is expected to reach USD 2.0 billion by 2025, according to a new report by Grand View Research, Inc. 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.
Further key findings from the report suggest
‧ The market is expected to grow at a CAGR of 12.0% from 2016 to 2025 on account of increasing use in the food sector
‧ Food as an application of the product will witness the fastest growth in terms of revenue at a CAGR of over 13% from 2016 to 2024 owing to its flavoring and coloring properties
‧ Europe market is expected to witness significant development and was estimated at over USD 250 million in 2015 on account of rising demand from the food and healthcare sector
‧ Key participants include Gohar, Rowhani., Iran Saffron Company, and Saffron Business Co.
‧ Key companies are focused on increasing their global presence through the integration of supply chain.
‧ In January 2017, Rowhani revised its product manufacturing schedule to implement mechanization and use scientific research to enhance product quality

Table of Contents
Chapter 1. Methodology and Scope
1.1 Research Methodology
1.2 Research Scope & Assumptions
1.3 List of Data Sources
Chapter 2. Executive Summary
2.1 Market snapstot
Chapter 3. Saffron Industry Outlook
3.1 Market segmentation& scope
3.2 Penetration & growth prospect mapping
3.3 Value chain analysis
3.4 Regulatory Framework
3.5 Market dynamics
3.5.1 Market Driver Analysis
3.5.2 Market Restraint Analysis
3.6 Industry Analysis - Porter’s Five Forces Analysis
3.7 PESTEL Analysis
Chapter 4. Saffron Market: Application Estimates & Trend Analysis
4.1 Application Movement Analysis & Market Share, 2015 & 2025
4.2 Food
4.2.1 Global saffron market in food estimates and forecasts, 2014 - 2025 (Tons) (USD Million)
4.2.2 Global saffron market in food estimates and forecasts, by region, 2014 - 2025 (Tons) (USD Million)
4.3 Medical
4.3.1 Global saffron market in medical estimates and forecasts, 2014 - 2025 (Tons) (USD Million)
4.3.2 Global saffron market in medical estimates and forecasts, by region, 2014 - 2025 (Tons) (USD Million)
4.4 Cosmetics
4.4.1 Global saffron market in cosmetics estimates and forecasts, 2014 - 2025 (Tons) (USD Million)
4.4.2 Global saffron market in cosmetics market estimates and forecasts, by region, 2014 - 2025 (Tons) (USD Million)
4.5 Others
4.5.1 Global saffron market in others estimates and forecasts, 2014 - 2025 (Tons) (USD Million)
4.5.2 Global saffron market in others estimates and forecasts, by region, 2014 - 2025 (Tons) (USD Million)
Chapter 5. Saffron Market: Regional Estimates & Trend Analysis
5.1 Regional Movement Analysis & Market Share, 2015 & 2024
5.2 North America
5.2.1 North America saffron market estimates and forecast, 2014 - 2025 (Tons) (USD Million)
5.2.2 North America saffron market estimates and forecast, by application, 2014 - 2025 (Tons) (USD Million)
5.2.3 U.S.
5.2.3.1 U.S. saffron market estimates and forecast, 2014 - 2025 (Tons) (USD Million)
5.2.3.2 U.S. saffron market estimates and forecast, by application, 2014 - 2025 (Tons) (USD Million)
5.3 Europe
5.3.1 Europe saffron market estimates and forecast, 2014 - 2025 (Tons) (USD Million)
5.3.2 Europe saffron market estimates and forecast, by application, 2014 - 2025 (Tons) (USD Million)
5.3.3 Italy
5.3.3.1 Italy saffron market estimates and forecast, 2014 - 2025 (Tons) (Million)
5.3.4 Spain
5.3.4.1 Spain saffron market estimates and forecast, by application, 2014 - 2025 (Tons) (USD Million)
5.4 Asia Pacific
5.4.1 Asia Pacific saffron market estimates and forecast, 2014 - 2025 (Tons) (USD Million)
5.4.2 Asia Pacific saffron market estimates and forecast, by application, 2014 - 2025 (Tons) (USD Million)
5.4.3 China
5.4.3.1 China saffron market estimates and forecast, 2014 - 2025 (Tons) (USD Million)
5.4.4 India
5.4.4.1 India saffron market estimates and forecast, 2014 - 2025 (Tons) (USD Million)
5.5 South & Central America
5.5.1 South & Central America saffron market estimates and forecast, 2014 - 2025 (Tons) (USD Million)
5.5.2 South & Central America saffron market estimates and forecast, by application, 2014 - 2025 (Tons) (USD Million)
5.5.3 Brazil
5.5.3.1 Brazil saffron market estimates and forecast, 2014 - 2025 (Tons) (USD Million)
5.6 Middle East & Africa
5.6.1 Middle East & Africa saffron market estimates and forecast, 2014 - 2025 (Tons) (USD Million)
5.6.2 Middle East &Africa saffron market estimates and forecast, by application, 2014 - 2025 (Tons) (USD Million)
5.6.3 Iran
5.6.3.1 Iran saffron market estimates and forecast, 2014 - 2025 (Tons) (USD Million)
5.6.4 UAE
5.6.4.1 UAE saffron market estimates and forecast, 2014 - 2025 (Tons) (USD Million)
5.6.5 Saudi Arabia
5.6.5.1 Saudi Arabia saffron market estimates and forecast, 2014 - 2025 (Tons) (USD Million)
Chapter 6. Competitive Landscape
6.1 Gohar Saffron
6.1.1 Company Overview
6.1.2 Financial Performance
6.1.3 Product Benchmarking
6.1.4 Strategic Initiatives
6.2 Rowhani Saffron Co
6.2.1 Company Overview
6.2.2 Financial Performance
6.2.3 Product Benchmarking
6.2.4 Strategic Initiatives
6.3 Iran Saffron Company
6.3.1 Company Overview
6.3.2 Financial Performance
6.3.3 Product Benchmarking
6.3.4 Strategic Initiatives
6.4 Saffron Business Co.
6.4.1 Company Overview
6.4.2 Financial Performance
6.4.3 Product Benchmarking
6.4.4 Strategic Initiatives
6.5 Tarvand saffron co
6.5.1 Company Overview
6.5.2 Financial Performance
6.5.3 Product Benchmarking
6.6 Esfedan trading company
6.6.1 Company Overview
6.6.2 Financial Performance
6.6.3 Product Benchmarking
6.6.4 Strategic Initiatives
6.7 Safrante Global Company, S.L.U.
6.7.1 Company Overview
6.7.2 Financial Performance
6.7.3 Product Benchmarking
6.7.4 Strategic Initiatives
6.8 Royal Saffron Company
6.8.1 Company Overview
6.8.2 Financial Performance
6.8.3 Product Benchmarking
6.8.4 Strategic Initiatives
6.9 Flora Saffron
6.9.1 Company Overview
6.9.2 Financial Performance
6.9.3 Product Benchmarking
6.9.4 Strategic Initiatives
6.10 Meher Saffron
6.10.1 Company Overview
6.10.2 Financial Performance
6.10.3 Product Benchmarking
6.10.4 Strategic Initiatives