The global saffron tablets market is anticipated to grow at a significant CAGR during the forecast period (2024-2031). Saffron has several health benefits and medicinal properties and is produced by processing the dried stigmas of the plant Crocus sativus. Additionally, the saffron tablet is a chemical composition that is extracted from saffron and have strong defensive effects on retinal cells due to the presence of carotenoids crocin and crocetin in saffron. The major factor driving the growth of the market is the increasing demand for natural and herbal supplements across the globe.
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Moreover, the market is also growing due to the changing preference of consumers toward a healthy lifestyle. The demand for these tablets is increasing among health-conscious consumers. Furthermore, saffron tablets have several benefits in health diseases such as cancer, asthma, smallpox, hypoxia, scarlet fever, infections, and stress. Hence, owing to these benefits, the demand for saffron tablets is growing which in turn is propelling the growth of the market.
Some major players in the market include Tallwell Nutrition, Epicure Garden, and Lean Nutraceuticals, among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, in January 2022, Entod Pharmaceuticals announced the launch of Macusaff capsules, a saffron-based eye care supplement in India. It is a natural eye supplement that supports with various eye conditions such as age-related macular degeneration, glaucoma, diabetic retinopathy and retinitis pigmentosa.
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Market Coverage
- Segment Covered-
o By Type
o By Application
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape- Tallwell Nutrition, Epicure Garden, and Lean Nutraceuticals, among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Saffron Tablets Market Report by Segment
By Type
- Sugar Coated Tablet
- Film Coated Tablet
- Others
By Distribution Channel
- Hospital Pharmacy
- Retail Pharmacies
- Online Pharmacies
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