Latin America Saffron Extract Market To Grow During 2022-2027,

El nuevo estudio de Informes de Expertos titulado ‘El Mercado Latinoamericano de Extracto de Azafrán, Informe y Pronóstico 2022-2027?, ofrece un análisis profundo del mercado, evaluándolo por naturaleza, forma, aplicación, y las regiones clave. El informe analiza los factores clave de éxito y las limitaciones, también rastrea las últimas tendencias en la industria y estudia su impacto en el mercado en general. Además, evalúa la dinámica del mercado, cubriendo los indicadores clave de demanda y precio, junto con el análisis del mercado basado en los modelos FODA y las Cinco Fuerzas de Porter.

The new report by Informes de Expertos titled, ‘Latin America Saffron Extract Market 2022-2027’, gives an in-depth analysis of the market, assessing it based on nature, form, application, and key regions. The report analyses key success factors and constraints, tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter’s Five Forces models.

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The key highlights of the report include:

Market Overview (2017-2021)

• Forecast CAGR (2022-2027): X%

One of the major factors driving the growth of the saffron extract market in Latin America is the increasing penetration of the product in the food and beverage industry. Moreover, the product’s vast number of benefits are increasing its applications in the medicinal field. It is widely used in treating various diseases and is a significant component in multiple drugs. It is also gaining popularity as a weight-loss supplement, thus with the increasing number of health-conscious consumers, the demand for saffron extract is expected to grow despite the high costs of saffron products.

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Industry Definition and Major Segments

By nature, the market is bifurcated into:

• Organic
• Conventional

By form, the industry is segmented into:

• Thread
• Liquid
• Powder

Depending on the application, the market is divided into:

• Food and Beverage
• Pharmaceutical
• Cosmetics and Personal Care
• Dietary Supplements
• Aromatherapy and Fragrance
• Others

Key regions covered include:

• Brazil
• Argentina
• Mexico
• Chile
• Others

Market Trends

The rapid growth of the food and beverage industry is a pivotal factor driving the growth of the saffron extract industry in Latin America. The product is widely employed in the food and beverage industries as a flavouring and colouring agent. In addition, saffron extract is also used as an antidepressant to relieve nervous tension and prevent symptoms such as anxiety, libido loss, PMS, and so on. Due to its numerous medicinal properties, the market is witnessing a growing demand for the extract in the pharmaceutical sector. This is likely to propel market growth in the coming years.

Key Market Players

The major players in the market are:

• Safrante Global Company S.L.U.
• Kancor Ingredients Limited
• Green Plants Extracts (Comercial Química Massó, S.A.)
• NOVIN SAFFRON Company
• Azafranes Manchegos S.L.
• Others

This report covers the market shares, expansions, investments and mergers and acquisitions, among other latest developments of these industry players.

About Us:

Informes de Expertos (https://informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

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Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

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We at Informes de Expertos always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

I am Alice Addy, a Corporate Sales Specialist operating in the Latin American region. We are experts in Market Research. We provide market reports across various industry verticals and also help with procurement and supply chain intelligence.