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Saffron Supplements Market: By Type, By Form, By Distribution Channel and Geography
Saffron Supplements Market: By Type, By Form, By Distribution Channel and Geography
Saffron Supplements Market is projected to reach US$ 584.4 million by 2030 at a CAGR of 7.52% from 2024 to 2030. Increasing demand for saffron in cosmetic and pharmaceutical applications is anticipated to be a key factor driving the market during the forecast period. High in antioxidants, saffron has numerous health benefits. The three main active components of saffron are picrocrocin, safranin, and crocin. These compounds help reduce oxidative brain damage and inflammation. Saffron is also believed to have anti-inflammatory and antioxidant properties, which would likely contribute to market expansion. It is also claimed to boost memory. It is also used in the cosmetics industry as a natural UV absorbent component.
Important processing technologies include the use of electric nose, pilot scale, and image processing. Furthermore, the market in saffron supplements is anticipated to rise at a robust compound annual growth rate (CAGR) due to the remarkable demand from emerging regions and millennials. Key growth factors in the Saffron Supplements market include technological advancements that enable effective production, portfolio expansion, sophisticated design and packaging, efficient operational maintenance, and sales monitoring. However, saffron supplements market limitations throughout the forecast period, includes supply chain disruptions, adhering to strict food safety and labelling laws, expanding competition, maintaining inflation in key areas, and fluctuating raw material prices are expected to increase input costs.
Study Period
2024 - 2030Base Year
2023CAGR
7.52%Largest Market
North AmericaFastest Growing Market
North America
The efficiency and efficacy of Saffron Supplements goods and services are continually improved by technological breakthroughs. The market is being driven by improvements in digital technologies, manufacturing techniques, and materials. Furthermore, a major driver of market expansion is the rising demand for Saffron Supplements goods and services, which is being driven by factors like urbanization, population growth, and shifting consumer tastes. Moreover, the market is stimulated by favourable government policies, rules, and incentives that support the use of saffron supplements, such as carbon pricing mechanisms and subsidies for renewable energy projects. Adoption of renewable and environmentally friendly Saffron Supplements solutions is fuelled by growing awareness of environmental sustainability and the require reducing carbon emissions.
These solutions are becoming more accessible and inexpensive due to economies of scale, technological developments, and rising competition that are driving continuous cost reductions in the production and installation of Saffron Supplements. The market expansion is hindered, therefore, by the high initial cost of creating and implementing Saffron Supplements solutions, especially for large-scale companies. In addition, other technologies including as nuclear power and fossil fuels hinder the uptake of Saffron Supplements, especially in areas where they are well-established and subsidized. Growing consumer awareness of environmental and health issues, combined with mergers and acquisitions to expand portfolios, acquire new technologies, and leverage capabilities all of which will be important tactics/ opportunities for leading companies in the Saffron Supplements market throughout the forecast period—are driving the exponential growth of plant-based alternatives, which is altering established markets.
Based on regions, the market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa. North America leads the global saffron supplements market due to increased saffron applications in the pharmaceutical and nutraceutical industries. Customers are becoming more interested in health supplements because of rising health consciousness. The industry is rising due to antioxidant and anticancer properties of saffron supplements. Antioxidants that are well-known for their antidepressant qualities and ability to protect the brain from oxidative stress include kaempferol, safranal, crocetin, and crocin. Moreover, Saffron supplements can enhance memory, mood, and intellectual capacity. Thus, the expansion of saffron supplements in the region is encouraged by these advantageous qualities.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024 - 2030 |
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Market Size in 2030 |
US$ 584.4 million |
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Market CAGR |
7.52% |
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By Type |
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By Form |
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By Distribution Channel |
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Saffron Supplements Market is projected to reach US$ 584.4 million by 2030 at a CAGR of 7.52% from 2024 to 2030
Customers are becoming more conscious of their health, which is fueling the demand for saffron supplements because of anticancer and antioxidant properties.
Key trends driving the Saffron Supplements market's growth include technological advancements that enable effective production, a growing product portfolio, smart design and packaging, efficient operational maintenance, and sales monitoring.
Market research is segmented based on type, form, distribution channel and region.
North America is estimated to dominate with the highest CAGR over the forecast period.
| 1.Executive Summary |
| 2.Global Saffron Supplements Market Introduction |
| 2.1.Global Saffron Supplements Market - Taxonomy |
| 2.2.Global Saffron Supplements Market - Definitions |
| 2.2.1.Type |
| 2.2.2.Form |
| 2.2.3.Distribution Channel |
| 2.2.4.Region |
| 3.Global Saffron Supplements Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Saffron Supplements Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Saffron Supplements Market By Type , 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Bunch |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Pushal |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Negin |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. White/Konj |
| 5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 5.5. Kashmiri |
| 5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 5.6. Others |
| 5.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.6.3. Market Opportunity Analysis |
| 6.Global Saffron Supplements Market By Form , 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Tablet/Capsules |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Gummy |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Powder/ Granules |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Liquid |
| 6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 7.Global Saffron Supplements Market By Distribution Channel, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. Hypermarket/ Supermarkets |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Grocery Stores |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Online Stores |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Specialty stores |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Others |
| 7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 8.Global Saffron Supplements Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia Pacific (APAC) |
| 8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Middle East and Africa (MEA) |
| 8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Latin America |
| 8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 9.North America Saffron Supplements Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 9.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Bunch |
| 9.1.2.Pushal |
| 9.1.3.Negin |
| 9.1.4.White/Konj |
| 9.1.5.Kashmiri |
| 9.1.6.Others |
| 9.2. Form Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Tablet/Capsules |
| 9.2.2.Gummy |
| 9.2.3.Powder/ Granules |
| 9.2.4.Liquid |
| 9.3. Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Hypermarket/ Supermarkets |
| 9.3.2.Grocery Stores |
| 9.3.3.Online Stores |
| 9.3.4.Specialty stores |
| 9.3.5.Others |
| 9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.4.1.United States of America (USA) |
| 9.4.2.Canada |
| 10.Europe Saffron Supplements Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 10.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Bunch |
| 10.1.2.Pushal |
| 10.1.3.Negin |
| 10.1.4.White/Konj |
| 10.1.5.Kashmiri |
| 10.1.6.Others |
| 10.2. Form Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Tablet/Capsules |
| 10.2.2.Gummy |
| 10.2.3.Powder/ Granules |
| 10.2.4.Liquid |
| 10.3. Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Hypermarket/ Supermarkets |
| 10.3.2.Grocery Stores |
| 10.3.3.Online Stores |
| 10.3.4.Specialty stores |
| 10.3.5.Others |
| 10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Germany |
| 10.4.2.France |
| 10.4.3.Italy |
| 10.4.4.United Kingdom (UK) |
| 10.4.5.Spain |
| 11.Asia Pacific (APAC) Saffron Supplements Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 11.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Bunch |
| 11.1.2.Pushal |
| 11.1.3.Negin |
| 11.1.4.White/Konj |
| 11.1.5.Kashmiri |
| 11.1.6.Others |
| 11.2. Form Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Tablet/Capsules |
| 11.2.2.Gummy |
| 11.2.3.Powder/ Granules |
| 11.2.4.Liquid |
| 11.3. Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Hypermarket/ Supermarkets |
| 11.3.2.Grocery Stores |
| 11.3.3.Online Stores |
| 11.3.4.Specialty stores |
| 11.3.5.Others |
| 11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.China |
| 11.4.2.India |
| 11.4.3.Australia and New Zealand (ANZ) |
| 11.4.4.Japan |
| 11.4.5.Rest of APAC |
| 12.Middle East and Africa (MEA) Saffron Supplements Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 12.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Bunch |
| 12.1.2.Pushal |
| 12.1.3.Negin |
| 12.1.4.White/Konj |
| 12.1.5.Kashmiri |
| 12.1.6.Others |
| 12.2. Form Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Tablet/Capsules |
| 12.2.2.Gummy |
| 12.2.3.Powder/ Granules |
| 12.2.4.Liquid |
| 12.3. Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Hypermarket/ Supermarkets |
| 12.3.2.Grocery Stores |
| 12.3.3.Online Stores |
| 12.3.4.Specialty stores |
| 12.3.5.Others |
| 12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.GCC Countries |
| 12.4.2.South Africa |
| 12.4.3.Rest of MEA |
| 13.Latin America Saffron Supplements Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 13.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Bunch |
| 13.1.2.Pushal |
| 13.1.3.Negin |
| 13.1.4.White/Konj |
| 13.1.5.Kashmiri |
| 13.1.6.Others |
| 13.2. Form Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Tablet/Capsules |
| 13.2.2.Gummy |
| 13.2.3.Powder/ Granules |
| 13.2.4.Liquid |
| 13.3. Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Hypermarket/ Supermarkets |
| 13.3.2.Grocery Stores |
| 13.3.3.Online Stores |
| 13.3.4.Specialty stores |
| 13.3.5.Others |
| 13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Brazil |
| 13.4.2.Mexico |
| 13.4.3.Rest of LA |
| 14. Competition Landscape |
| 14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 14.2.1.Hortus Novus srl |
| 14.2.2.Lean Nutraceuticals |
| 14.2.3.Vox Nutrition |
| 14.2.4.Persavita, Inc. |
| 14.2.5.Life Extension |
| 14.2.6.Epicure Garden |
| 14.2.7.Herbamax LLC. |
| 14.2.8.Luma Nutrition |
| 14.2.9.Activ’Inside |
| 14.2.10.Affron Pharmactive |
| 14.2.11.Saffron ice |
| 14.2.12.Zaran saffron |
| 14.2.13.Golden Saffron |
| 15. Research Methodology |
| 16. Appendix and Abbreviations |
Key Market Players
Author
Sravani is a proficient Business Analyst with an MBA and a background in Computer Science, with seven years of experience in the field of market research. Sravani is adept at creating competitive evaluations, precise market estimations, and market projections, emphasizing the food and beverage and information and communication technology (ICT) industries. Her areas of competence are identifying important players, projecting market trends, and assessing the potential for industry growth. She applies a strong analytical approach to provide precise market estimates and thorough industry analysis, empowering organizations to make data-driven decisions. Sravani's estimating and forecasting abilities are essential for businesses to take advantage of new opportunities and effectively manage dynamic market environments.