Japan saffron market outlook 2023-2028:
Japan Saffron Market Growth Rate (2023-2028): The market growth rate (CAGR) from 2023 to 2028 is expected to be 5,60%.
What is Japanese saffron?
Saffron, scientifically known as Crocus sativus, is an expensive spice derived from the stigma of the saffron crocus flower. It lends a unique, slightly bitter taste and rich color to a variety of dishes. It is produced through a labor-intensive process that involves hand-picking the flowers and separating the stigmas. It contains compounds including crocin and safranal, which have antioxidant properties that help fight oxidative stress and cell damage. Furthermore, saffron affects the concentration of serotonin in the brain, leading to improved sleep quality and relaxation, and demand is increasing in Japan.
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Japanese saffron market trends and drivers:
Currently, increasing demand for saffron due to increasing awareness of the beneficial aspects of saffron consumption is one of the key factors driving the growth of the Japanese market. Also, the increasing number of individuals prioritizing health and natural products is contributing to the market growth. In addition, the use of saffron in the production of various gourmet dishes in fine dining restaurants is expanding, offering good market prospects in Japan as well. Apart from this, the increasing incorporation of saffron in various skin care products and supplements is driving the growth of the Japanese market. Additionally, increasing employment of saffron in traditional medicine due to its potential health benefits and anti-inflammatory properties is strengthening the market growth.
Type insight:
organic
conventional
Form Insights:
thread
powder
liquid
Application insights:
food
medicine
cosmetics
others
Regional insights:
Kanto region
Kinki region
Chubu/Chubu region
Kyushu region Okinawa region
Tohoku region Chugoku
region
Hokkaido region
Shikoku region
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