Saffron-Tech enables the controlled, automated cultivation of agricultural crop under laboratory conditions, saving water, land, and manpower while significantly increasing the quality and quantity of output.
The Company is specializing, as a first step, in the luxury niche of saffron, also known as ‘red gold’, and that is equal in weight to gold!
CHALLENGES IN GROWING SAFFRON
Manual, intensive and expensive labor
Saffron production is a complex, low-yield process
Saffron is a sensitive plant hat requires specific environmental conditions for growing
For these reasons, some dealers in the field estimate that up to 60% of the market is fake product!
Approximately one thousand flowers are needed to produce 1 gram of saffron, hence its nickname ‘red gold’.The price per one gram of genuine quality saffron ranges between $30-50. In other words, the end consumer buys 0.3 gram at $26 or more.
Saffron Market Size
The Global Saffron Market is expected to reach $1.6 billion by 2027
Cumulative annual growth rate of 7.3%
Celebrated Chefs and Michelin-Starred Restaurants
Uniquely flavored Anti-oxidant
Dye for textiles
Medical Applications for Saffron
Some research supports the efficacy of saffron against Alzheimer’s Disease, depression, gynecological problems, optic nerve atrophy, glaucoma, improved sexual function, treatment of anxiety, asthma and improved athletic performance. More extensive research is needed in such areas as cancer, insomnia, pain, psoriasis, etc
Other agricultural applications other than saffron
Innovative applications for crops other than saffron to improve efficacy and output.
Exotic plants and mushrooms
Cultivation of mushrooms and exotic plants Potential in a growing and developing market