Market Size of North America Saffron Supplements Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 4.12 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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North America Saffron Supplements Market Analysis
The North American saffron supplements market is expected to register a CAGR of 4.12% during the forecast period.
- As a nutraceutical product, saffron is gaining popularity in North America due to its numerous health benefits. Saffron is very effective in treating anxiety attacks, which has become very common among adult age groups owing to modern lifestyles. Saffron tablets comprise bioactive compounds extracted from saffron (Crocin) that have numerous health benefits and medicinal properties.
- The United States is the dominant market in North America for the consumption of saffron supplements. Saffron supplements contain chemicals that might alter mood and may act like antioxidants. They are helpful in treating a number of conditions like depression, Alzheimer's disease, etc. Thus, the increasing need to cure such diseases is fueling the consumption of saffron supplements across the region.
- Taking saffron supplements in the short term is safe and effective for some people. However, they may cause side effects like anxiety, sleepiness, upset stomach, appetite changes, headache, etc., and some people are allergic to saffron, which restricts the market's growth potential.
