Collagen Market Is Forecast to Reach Beyond $6.63 Billion by 2025

San Francisco, 30 April 2019 –  “Collagen Market Size, Share & Trends Analysis Report By Source (Bovine, Porcine), By Product (Gelatin, Native, Hydrolyzed), By Application (Food & Beverages, Healthcare), And Segment Forecasts, [2019 – 2025]”

The global collagen market size is projected to reach USD 6.63 billion by 2025, according to a new report by Grand View Research, Inc., registering a 6.5% CAGR during the forecast period. The market is expected to be driven by the product’s growing application scope in the food and beverage as well as healthcare and pharmaceutical industries.

In addition, the market is expected to benefit from increasing adoption of collagen-based products due to superior characteristics such as gelling, emulsification, and binding of food products in which it is used. Demand for gelatin is expected to register steady growth due to growing use of the product in the production of jellies, chewing gums, and desserts.

Demand for hydrolyzed collagen is expected to rise due to growing adoption in bone grafting, tissue engineering, and dental surgeries. In addition, growing demand for high-quality native collagen in cosmetic formulations as anti-aging and skin rejuvenating ingredients is expected to drive the market over the forecast period.

Collagen-market.png

Healthcare is estimated to emerge as a major application segment in the collagen market. Demand for premium grade collagen for surgical procedures, wound dressing, and drug delivery mechanisms is also expected to drive the market over the forecast period. The market is also expected to be fueled by the growth of the food and beverages industry, primarily in Asia Pacific. Increasing demand for confectionery products, coupled with rising expenditure on food products by consumers in the region, is expected to drive the global market.

To request a sample copy or view summary of this report, click the link below:
www.grandviewresearch.com/industry-analysis/collagen-market

Further key findings from the report suggest:

  • In terms of volume, the collagen market for healthcare is anticipated to reach 622.2 kilotons by 2025, at a CAGR of 5.9% from 2018 to 2025
  • In terms of revenue, the food & beverages segment is expected to witness the highest CAGR of 7.1% over the forecast period. This is backed by improving lifestyle conditions and growing affluence of middle-class population, especially in Asian countries, necessitating their application in dietary supplements and functional food products
  • Europe held the largest revenue share in the market in 2018 and is expected to register considerable growth over the forecast period. Increasing consumption of confectionery products in Europe is likely to drive demand for gelatin, thereby boosting the regional market
  • In terms of volume, the China market is anticipated to reach 103.7 kilotons by 2025 owing to high demand from industries such as food and beverages and healthcare. In addition, rising disposable income in the region and growing population is projected to favor the regional market
  • The collagen market is highly competitive in nature and houses prominent market participants with extensive product portfolios. Prominent market participants include Koninklijke DSM N.V.; Matrix; CONNOILS LLC; Advanced BioMatrix, Inc.; and Rousselot BV.

View more reports of this category by Grand View Research at
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Grand View Research has segmented the global collagen market on the basis of source, product, application, and region:

Collagen Source Outlook (Volume, Kilotons; Revenue, USD Million, 2014 – 2025)

  • Bovine
  • Porcine
  • Poultry
  • Marine
  • Others

Collagen Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 – 2025)

  • Gelatin
  • Hydrolyzed collagen
  • Native collagen
  • Others

Collagen Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 – 2025)

  • Food & Beverages
  • Healthcare
  • Cosmetics
  • Others

Collagen Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 – 2025)

  • North America
    • U.S
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
  • Asia Pacific
    • China
    • India
    • Japan
    • Indonesia
    • Vietnam
    • Thailand
    • Philippines
  • Central & South America
    • Brazil
    • Mexico
    • Ecuador
    • Peru
    • Bolivia
    • Chile
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • Turkey

Browse Press Release of this Report:
www.grandviewresearch.com/press-release/global-collagen-market

 About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Flavors and Fragrances Market Insights, Competitive Landscape and Forecast Report By 2025

San Francisco, 24 April 2019 –  “Flavors and Fragrances Market Size, Share & Trends Analysis Report By Product (Natural, Aroma), By Application (Flavors, Fragrances), By Region, And Segment Forecasts, [2019 – 2025]”

The global flavors and fragrances market size is anticipated to reach USD 28.64 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 4.7% during the forecast period. Flavors and fragrances deliver long-lasting sensory impressions, when applied through medical products, beverage, food, and other substances. These products enrich the overall aesthetic value and appeal of consumer goods.

Flavors and fragrances are generally manufactured using essential oils and volatile chemicals to enhance existing flavors or to provide a precise flavor. The products are primarily categorized into natural and synthetic. Rising demand for natural and fresh products has added to exponential growth of the market.

Increasing demand for ready-to-eat and convenience foods, health and wellness foods coupled with technological advancements are predicted to trigger the flavors and fragrances market growth. Increasing consumer disposable income along with rapid industrialization in developing countries such as India and China is estimated to fuel the food flavors market.

Flavors and Fragrances Market

Owing to the massive demand for natural products, forests have been chopped down to develop minute quantity of oil. Numerous arable lands have also been transformed into monoculture farming lands to nurture a single crop or plant gain a particular oil. This, in turn, has led to restricted availability of raw materials for natural products.

Flavor and fragrance producers operate by collaborating with artists, filmmakers, writers, musicians, and scientists to knock into artistic minds to reveal perfumes to new as well as constantly developing creative approaches and territories. Manufacturers also build creative teams which comprise fragrance perfumers, flavorists, and evaluators.

To request a sample copy or view summary of this report, click the link below:
www.grandviewresearch.com/industry-analysis/flavors-fragrances-market

Further key findings from the report suggest:

  • Aroma chemicals is projected to hold the largest share of flavors and fragrances market with more than 70.0% in terms of revenue by 2025
  • Increasing cost of R&D for fragrance compounds is expected to support the demand for aroma chemicals over the forecasts period
  • Essential oils are anticipated to grow as the fastest as well as largest emerging natural product segment
  • Demand for orange essential oil was valued at USD 1.64 billion in 2018
  • Fragrances application segment is predicted to lead the market and is projected to register a CAGR of 5.0% from 2019 to 2025
  • Asia Pacific is expected to register the fastest CAGR on account of availability of raw materials and increasing demand

View more reports of this category by Grand View Research at
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Grand View Research has segmented the global flavors and fragrances market on the basis of product, application and region:

Flavors and Fragrances Product Outlook (Revenue, USD Million, 2014 – 2025)

  • Natural
    • Essential Oils
      • Orange
        • Limonene
        • Myrcene
        • Others
      • Corn Mint
        • Menthol
        • Menthone
        • Others
      • Eucalyptus
        • Eucalyptol
        • Limonene
        • Others
      • Pepper Mint
        • Menthol
        • Menthone
        • Others
      • Lemon
        • Pinene
        • Limonene
        • Camphene
      • Oleoresins
        • Paprika
          • Piperine
          • Others
        • Black Pepper
          • Piperine
          • Others
        • Turmeric
          • Curcumin
          • Others
        • Ginger
        • Gingerol
        • Others
      • Others
    • Aroma Chemicals
      • Esters
        • Ethyl acetate
        • Benzyl acetate
        • Ethyl benzoate
        • Methyl decanoate
        • Others
      • Alcohol
        • Lauryl alcohol
        • Menthol
        • Others
      • Aldehyde
        • Benzaldehyde
        • Vanillin
        • Others
      • Phenol
        • Ethylvanillin
        • Others
      • Others

Flavors and Fragrances Application Outlook (Revenue, USD Million, 2014 – 2025)

  • Flavors
    • Confectionary
    • Convenience Foods
    • Bakery Food
    • Dairy Food
    • Beverages
    • Others
  • Fragrances
    • Fine fragrances
    • Cosmetics and Toiletries
    • Soaps & Detergents
    • Others

Flavors and Fragrances Regional Outlook (Revenue, USD Million, 2014 – 2025)

  • North America
    • U.S
  • Europe
    • Germany
    • U.K.
    • France
  • Asia Pacific
    • China
    • India
    • Japan
  • Middle East & Africa
    • Saudi Arabia
  • Central and South America
    • Brazil

Browse Press Release of this Report:
www.grandviewresearch.com/press-release/global-flavors-fragrances-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Squalene Market Expected to Cross $271.5 Million by 2024

The global squalene market is expected to reach USD 271.5 million by 2024, according to a new report by Grand View Research, Inc. Increasing demand for squalene in food supplements and skin creams will propel market growth over the forecast period. Growing demand for male grooming products including skin care and anti-aging creams will promote industry expansion.

Increasing demand for dietary supplements in the U.S., China, India, Russia, Italy, and Brazil will drive the demand for squalene in food applications resulting in volume gains at a 10.7% CAGR from 2016 to 2024. Furthermore, several health benefits ranging from oxygen generation and superior immune response to cholesterol regulation and UV protection will fuel product demand over the forecast period.

Aging population, increasing self-diagnosis among general consumers, and growing awareness regarding preventative health care will create immense market potential over the upcoming years. The growth of the nutraceutical industry in various countries including France, China, India, Japan, Italy and the UK will lead to squalene market development. Increasing demand for vegetable-based products for cancer therapies will fuel market growth over the forecast period.

U.S. squalene market volume, by applications, 2013 – 2024 (Tons)

Squalene Market

To request a sample copy or view summary of this report, click the link below:
www.grandviewresearch.com/industry-analysis/squalene-market

Further key findings from the report suggest

  • The global squalene market demand was 2,973.0 tons in 2015 and is expected to witness growth at a CAGR of 9.2% from 2016 to 2024
  • Synthetic squalene will see the highest revenue gains at a CAGR of 11.0% from 2016 to 2024 in light of rising usage in cosmetics owing to its superior moisturizing properties along with stable and consistent composition
  • North America market was valued at USD 24.6 million in 2015 and will show a significant rise in light of its rising demand in dietary supplements. Increasing focus towards maintaining a healthy lifestyle is expected to augment the demand for dietary supplements, in turn, bolstering squalene industry growth. Growing demand for pharmaceuticals owing to the prevalence of key players including Pfizer, Johnson & Johnson, and Merck & Co. along with rising R&D expenditure in the U.S. and Mexico will propel market growth.
  • Latin America will witness significant revenue gains at a CAGR of 10.5% from 2016 to 2024 in light of rising demand for beauty products in Brazil, Colombia, Uruguay, Ecuador, and Chile. Rising disposable incomes, changing beauty trends & standards, along with increasing investment in personal care products will drive industry expansion over the next eight years.
  • Key industry participants include Amyris Biotechnologies, AASHA BIOCHEM, EmpresaFigueirense De Pesca, Lda, Maruha Nichiro Corporation, Arista Industries Inc, Sophim and Nucelis LLC. In April 2015, Amyris Biotechnologies entered into a partnership with Squalan Natural Health B.V. to manufacture NeossanceSqualane for personal care products.

Related Report of Food Additives & Nutricosmetics:

Grand View Research has segmented the global squalene market on the basis of raw material, application and region:

Global Squalene Raw Material Outlook (Volume, Tons;Revenue, USD Million, 2013 – 2024)

  • Animal
  • Vegetable
  • Synthetic

Global Squalene Application Outlook (Volume, Tons; Revenue, USD Million, 2013 – 2024)

  • Food
  • Pharmaceuticals
  • Cosmetics
  • Other

Global Squalene Regional Outlook (Volume, Tons; Revenue, USD Million, 2013 – 2024)

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Spain
    • Italy
  • Asia Pacific
    • China
    • Japan
    • South Korea
  • Latin America
    • Brazil
  • MEA

Access Press Release of This Research Report by Grand View Research:
www.grandviewresearch.com/press-release/global-squalene-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Info: www.grandviewresearch.com

Amaranth Market Insights, Competitive Landscape and Forecast Report to 2025

San Francisco, 13 February 2019 –  “Amaranth Market Size, Share & Trends Analysis Report By Application (Personal Care, Food & Beverages, Pharmaceuticals), By Product (Seed, Oil, Leaf, Flour), By Region, And Segment Forecasts, [2019 – 2025]”

The global amaranth market size is anticipated to reach USD 13.89 billion by 2025, according to a new report by Grand View Research, Inc., progressing at a CAGR of 11.3% during the forecast period. Presence of rare elements such as squalene, oleic acid, stearic acid, and tocopherols, which help in boosting bone strength, reducing inflammation, repairing tissues, while providing numerous other health benefits, is projected to play a crucial factor in fueling the demand for amaranth over the forecast years.

Amaranth byproducts find applications in various industries such as dietary supplements, cosmetics, pharmaceuticals, and food additives. Growing geriatric population, for which the product is beneficial in several medical conditions, is poised to stir up the demand for amaranth in the pharmaceutical sector over the forecast period.

Amaranth Market

Amaranth contains a high percentage of proteins, which enhance post-workout recovery process of muscles. Recent trends, such as hectic and urban lifestyles, surging adoption of on-the-go meals, and increasing awareness regarding fitness among working population, are likely to boost the demand for low-cost protein sustenance over the forecast period. Amaranth oil also possesses anti-inflammatory properties, which help prevent hazards of allergies.

Amaranth seeds and leaves have a high concentration of proteins, antioxidants, and phytosterols, making them one of the most sought-after grains in the market. Apart from high concentration of proteins, amaranth seeds contain specific peptides known to prevent activity of free radicals and reduce inflammation. Presence of anti-inflammatory molecules can be helpful in alleviating conditions such as gout and arthritis.

A rise in the number of people facing starvation across African countries, such as Sudan, Somalia, and Nigeria, is expected to stir up the demand for superfoods over the forecast period. Growing acceptance of amaranth products in established markets such as Europe and North America can lead to a trickle-down effect, aiding availability of amaranth products in developing countries over the coming years.

Browse Research Report On Amaranth Market :
www.grandviewresearch.com/industry-analysis/amaranth-market

Further key findings from the report suggest:

  • The global amaranth seed demand is estimated to reach 9,251 Kilotons by 2025, rising at a CAGR of 10.9% during the forecast period
  • In terms of revenue, amaranth oil is anticipated to be the fastest growing product segment, expanding at a CAGR of 12.8% during the same period
  • The U.S. amaranth oil market is projected to reach 354.7 kilotons by 2025
  • MEA is poised to witness a remarkable CAGR of 11.0% in terms of volume over the forecast period, owing to growing population of middle class in countries such as South Africa, Ethiopia, Nigeria, and Kenya, which is fueling the demand for better healthcare sector, which in turn will stimulate the growth of the regional market
  • Asia Pacific, especially India and China, is likely to observe remarkable growth during the forecast period, exhibiting a CAGR of 12.0% in terms of revenue
  • The market is partially consolidated and competitive in nature, with presence of global multinational players
  • Some of the key companies present in the market are Irel, Proderna Biotech Pvt. Ltd., Nans Products Pvt Ltd., Amaranth Nord, AMR Amaranth A.S., Dk Mass S.R.O, RusOliva Pvt. Ltd., Nu-World Foods, Flavex Naturextracte Gmbh, Spol S.R.O, Saar, Flaveko Trade Spol. S.R.O, and Amaranth Bio Company.

View more reports of this category by Grand View Research at
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Grand View Research has segmented the global amaranth market on the basis of product, application, and region:

Amaranth Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 – 2025)

  • Amaranth seed
  • Amaranth oil
  • Amaranth leaf
  • Amaranth flour

Amaranth Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 – 2025)

  • Food & Beverages
  • Personal care
  • Pharmaceuticals
  • Others

Amaranth Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 – 2025)

  • North America
    • U.S.
  • Europe
    • Germany
    • France
  • Asia Pacific
    • China
    • India
  • Central & South America
    • Brazil
    • Argentina
  • Middle East & Africa
    • South Africa

Browse Press Release of this Report:
www.grandviewresearch.com/press-release/global-amaranth-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Specialty Ingredients Market Future To Reach $141.12 Billion By 2022

San Francisco, 10 January 2019 –  “Specialty Ingredients Market Analysis By Application (Food & Beverage (Sensory & Functional), Pharmaceutical (Active & Inactive), Personal Care (Active & Inactive), Animal Feed (Additive, Functional Feed Ingredient, Premixes)) And Segment Forecasts To 2022”

The global specialty ingredients market is expected to reach USD 141.12 billion by 2022, according to a new report by Grand View Research, Inc. Shift in consumer focus towards organic products coupled with growing demand for anti-ageing and environmental defense skin care products is expected to drive the global specialty ingredients market over the forecast period. Increasing preference for healthy and nutritional diet and enhancing growth of high quality pharmaceutical drugs is also expected to have a positive influence on the market growth.

specialty ingredients market

Food and beverages dominated the global industry on account of high demand for various beverages, supplements and nutritional dietary products across the globe. Food & beverage industry is expected to experience advancement owing to increasing demand for organic items coupled with high-quality and customized requirements by population over the forecast period. Changing lifestyle has also enhanced preference for nutritional goods which in turn is expected to drive global revenue for functional specialty food ingredients.

Browse Research Report On Specialty Ingredients Market :
www.grandviewresearch.com/industry-analysis/specialty-ingredients-market

Further key findings from the report suggest:

  • Global specialty market was valued at USD 93.27 billion in 2014 and is expected to reach a market worth USD 141.12 billion by 2022, growing at a CAGR of 5.4% from 2015 to 2022
  • On the basis of product, pharmaceutical sector can be further segmented into active and inactive. More than 90% of pharmaceutical segment was dominated by active ingredients owing to its importance in drug development. The product segment is expected to witness the highest growth over the next six years.
  • Rising prevalence of skin diseases/problems owing to harmful UV rays and other environmental particles are also driving need for efficient and organic constituents. Therefore, personal care segment is expected to witness the highest growth of 5.7% over the forecast period
  • North America was the leading regional market and accounted for 31.7% of total market in 2014. Increasing consumption of dietary constituents particularly in the U.S. is expected to drive the regional market over the forecast period. Asia Pacific is expected to witness the highest gain in its market size over the forecast period. The region is expected to grow at an estimated CAGR of 5.9% from 2015 to 2022.
  • Key manufacturers operating in the global specialty ingredients market include Ashland Inc., Archer Daniels Midland, Naturex, Inolex, Frutarom and DuPont. Wide range of suppliers are available mainly in North America. Mergers and acquisition activities by multinationals are expected to consolidate the nutritional industry.

View more reports of this category by Grand View Research at
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Grand View Research has segmented the specialty ingredients market on the basis of application and region:

Global Specialty Ingredients Application Outlook (Revenue, USD Million, 2012 – 2022)

  • Food & Beverage
    • Sensory
    • Functional
  • Pharmaceutical
    • Active
    • Inactive
  • Personal Care
    • Active
    • Inactive
  • Animal Feed
    • Feed additives
    • Functional feed ingredient
    • Premixes
    • Others mixtures
  • Others

Global Specialty Ingredients Regional Outlook (Revenue, USD Million, 2012 – 2022)

  • North America
    • U.S
    • Canada
  • Europe
    • Germany
    • UK
    • Italy
  • Asia Pacific
    • China
    • India
    • Japan
  • Middle East and Africa
    • Saudi Arabia
  • Central & South America
    • Brazil

Browse Press Release of this Report:
www.grandviewresearch.com/press-release/global-specialty-ingredients-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Tartaric Acid Market Future To Reach $3.39 Billion By 2020 | Leading Players Alcohlera Vinicola S.A., Legre Mante S.A

San Francisco, 27 November 2018 – The global tartaric acid market is expected to reach USD 425 million by 2020, according to a new study by Grand View Research, Inc. Increasing wine consumption in Asia Pacific and Latin America is expected to remain a key factor driving tartaric acid market growth over the forecast period. Increasing tartaric acid consumption as anti-oxidant and taste enhancer in food products is also expected to have a positive impact on the market growth. Tartaric acid prices witnessed slump during 2009 to 2010 mainly due to economic recession in U.S. and debt crisis in Europe. The prices recovered there after due to high tartaric acid demand from emerging markets. Tartaric acid prices are projected to remain stable over the forecast period which is expected to benefit the market in terms of revenue.

Global Tartaric acid market volume by application, 2012 – 2020 (Kilo Tons)

tartaric-acid-market

Wine was the largest application segment and accounted for 33.6% of the total market volume in 2013. Tartaric acid is widely used in wine applications as a preservative, pH level reducer and tartness improver. Increasing wine production in China and with growing per capita consumption in Brazil, China, Italy, Spain and France is expected to drive tartaric acid demand in wineries. Wine is also expected to witness the highest growth rate of 5.7% from 2014 to 2020.

Browse Research Report On Tartaric Acid Market :
www.grandviewresearch.com/industry-analysis/tartaric-acid-market

Further key findings from the study suggest:

  • Global tartaric acid market demand was 60.56 kilo tons in 2013 and is expected to reach 87.18 kilo tons by 2020, growing at a CAGR of 5.3% from 2014 to 2020.
  • Europe emerged as the largest regional market and accounted for 39.4% of the total market volume in 2013. High tartaric acid demand for wine production in Italy, France and Spain is expected to drive the regional market growth over the forecast period. Increasing tartaric acid penetration in niche applications such as chelating agents is also expected to further complement the regional market growth. Anti-dumping duties established by the European Commission for Chinese tartaric acid imports are anticipated to secure the regional market production scenario.
  • Asia Pacific is expected to witness the highest growth of 6.8% from 2014 to 2020. Increasing tartaric acid demand in wine production particularly in China is expected to drive the regional market. Growth of food & beverages industry in China, India and Indonesia is also expected to drive the regional market. Increasing awareness among consumers regarding health benefits offered by anti-oxidants has also created demand for tartaric acid demand.
  • The global market is moderately concentrated with top companies competing in terms of product innovation. Major companies operating in the global tartaric acid market include Caviro Distillerie SRL, The Chemical Company, Distillerie Bonollo SpA, Distellerie Mazzari SpA, Tartaros Gonzalo Castello SL, Tarac Technologies, Richman Chemical Inc., U.S. Chemicals LLC, American Tartaric Products and The Tartaric Chemical Corp.

View more reports of this category by Grand View Research at
www.grandviewresearch.com/industry/food-additives-nutricosmetics-flavors-and-fragrances

Grand View Research has segmented the tartaric acid market on the basis of application and region:

Global Tartaric Acid Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 – 2020)

  • Food & Beverages
  • Wine
  • Pharmaceuticals
  • Antacids
  • Others

Global Tartaric Acid Regional Outlook (Volume Kilo Tons; Revenue, USD Million, 2012 – 2020)

  • North America
    • U.S.
    • Canada
  • Europe
  • Asia Pacific
  • Central & South America
  • Middle East & Africa

Browse Press Release of this Report:
www.grandviewresearch.com/press-release/global-tartaric-acid-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Saffron Market Opportunities To Reach $2.0 Billion By 2025

San Francisco, 8 November 2018 – According to a report by Grand View Research, Inc., global saffron market is anticipated to value USD 77.5 billion by 2024. Growing requirement for product in food applications as coloring and flavoring agent is anticipated to propel demand for saffron. It can be cultivated in arid and semi-arid climatic conditions and is likely to be labor intensive.

Rising product demand from pharmaceutical sector owing to its anti-inflammatory, antioxidant, anti-tumor, and anti-diabetic properties can influence market growth. Growing popularity as herbal health supplement is likely to surge demand for saffron over next few years. Increasing product use in manufacturing of skin care products attributed to its ability to treat acne, tan removal, and other skin related issues can stimulate market growth.

U.S. saffron market revenue, by application, 2014 – 2025 (USD Million)

us-saffron-market

Based on application, the market can be categorized into medical, cosmetics, food, and others. In 2015, food segment dominated the market and accounted for largest market share. It is expected to grow fast in terms of revenue at CAGR of 13% from 2016 to 2024 attributed to coloring and flavoring properties. Saffron can be used as alternative to chemical food ingredients in dairy and confectionary products including tea, ice cream, fruit cakes, muffins, cake powder, and baking powder. Expansion of food sector in various regions is likely to surge product demand over the forecast period.

On the contrary, medical segment accounted for 25% of global volume in 2015 and became second largest application segment. Presence of safral and crocin as major active ingredients of saffron can surge its demand in manufacturing of various antibiotics. This, in turn can fuel product demand during the forecast period.

Browse Research Report On Saffron Market :
www.grandviewresearch.com/industry-analysis/saffron-market

Cosmetic segment accounted for market share equivalent to USD 58 million in 2015. Rising demand for saffron to produce different types of skin care products can fuel market growth. It is expected to be used in anti-blemish lotions, fairness creams, and cleansers. In addition, it can be used for acne and tan removal and to treat various other skin ailments. Growth of cosmetics sector in Asia Pacific is likely to boost demand for saffron from 2016 to 2025.

Other segments including paint and textile accounted for 8% of global market share in 2015. High demand for saffron from these sectors owing to its properties such as oriental fragrance, color dyeing, and replacement of chemical color pigment can fuel market growth over the forecast period.

Regional segmentation includes Europe, North America, Asia Pacific, South & Central America, and Middle East & Africa. In 2015, Spain and Italy accounted for 34% Europe market volume attributed to rising product demand from food sector. These countries is expected to be engaged in manufacturing of saffron. Increasing use of innovative packaging technology to deliver quality according to requirement of local food companies can boost market growth during the forecast period.

On the contrary, Asia Pacific accounted for market share equivalent to USD 198 million in 2015. Continual development of various application sectors such as medical, cosmetics, and food can augment market growth in the region. The region is expected to remain second largest market during the period from 2016 to 2025. Rising product manufacturing in India owing to easy availability of skilled workforce that can result in higher production capacity can fuel market growth. Moreover, significant product demand from food sector is predicted to boost growth of market over the forecast period.

In Middle East & Africa, the market is predicted to grow well during the forecast period attributed to expansion of perfume sector in the region. Increasing use of saffron in perfumes attributed to its oriental fragrance can fuel growth of market.

Some of the leading companies offering saffron are Iran Saffron Company, Gohar Saffron, Rowhani Saffron Co., and Saffron Business Co., and Esfedan trading company. Intense competition in the market is expected to push producers to focus on affordable pricing structure, integrated supply chain, and product quality difference. Hence, companies are likely to invest in integration of supply chain to maintain their market share coupled with focus on significant growth.

View more reports of this category by Grand View Research at
www.grandviewresearch.com/industry/food-additives-nutricosmetics-flavors-and-fragrances

Grand View Research has segmented the global saffron market on the basis of application and region:

Saffron Application Outlook (Volume, Tons; Revenue, USD Million, 2014 – 2025)

  • Food
  • Medical
  • Cosmetics
  • Others

Saffron Regional Outlook (Volume, Tons, Revenue, USD Million, 2014 – 2025)

  • North America
  • Europe
  • Asia Pacific
  • South & Central America
  • Middle East & Africa

Browse Press Release of this Report:
www.grandviewresearch.com/press-release/global-saffron-market

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