France Crocin Market Size & Outlook, 2023-2030
France crocin market, 2018-2030 (US$M)
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France crocin market highlights
- The France crocin market generated a revenue of USD 242.6 million in 2023 and is expected to reach USD 344.8 million by 2030.
- The France market is expected to grow at a CAGR of 5.1% from 2024 to 2030.
- In terms of segment, purity>98% was the largest revenue generating purity in 2023.
- Purity>98% is the most lucrative purity segment registering the fastest growth during the forecast period.
Crocin market data book summary
| Market revenue in 2023 | USD 242.6 million |
| Market revenue in 2030 | USD 344.8 million |
| Growth rate | 5.1% (CAGR from 2023 to 2030) |
| Largest segment | Purity>98% |
| Fastest growing segment | Purity>98% |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Purity>98%, Purity<98% |
| Key market players worldwide | Merck KGaA, GSK PLC, Cipla Ltd DR, Novartis AG ADR, Sanofi SA, Aurobindo Pharma, Teva Pharmaceutical Industries Ltd, Mallinckrodt PLC Ordinary Shares - New, Cayman Chemical, Tokyo Chemical Industry, APExBIO Technology, Wilshire Technologies, Biosynth |
Other key industry trends
- In terms of revenue, France accounted for 5.1% of the global crocin market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany crocin market is projected to lead the regional market in terms of revenue in 2030.
- Italy is the fastest growing regional market in Europe and is projected to reach USD 264.7 million by 2030.
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Crocin Market Scope
Crocin Market Companies
| Name | Profile | # Employees | HQ | Website |
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France crocin market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to crocin market will help companies and investors design strategic landscapes.
Purity>98% was the largest segment with a revenue share of 95.42% in 2023. Horizon Databook has segmented the France crocin market based on purity>98%, purity<98% covering the revenue growth of each sub-segment from 2018 to 2030.
Paracetamol is a widely used weak analgesic commonly available over the counter. With 2.4 billion defined daily doses, paracetamol is the most prescribed drug, commonly available as Doliprane & Dafalgan in France.
In January 2023, due to supply shortages, the French government restricted the online sale of 277 different medications, including paracetamol-based products. Such gaps in supply and demand are likely to restrain the market to a certain extent.
Players are adopting various strategies to increase the production of paracetamol in the country to fulfill the demand for pain management drugs in the country. Increased paracetamol production by local market players and initiatives to increase availability are expected to drive the market over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the France crocin market , including forecasts for subscribers. This country databook contains high-level insights into France crocin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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France crocin market size, by purity, 2018-2030 (US$M)
France Crocin Market Outlook Share, 2023 & 2030 (US$M)
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