Saffron Tech, an Israeli, wholly owned subsidiary of Seedo Corp, is developing a technology for automated, year-round saffron growing in a bid to capture a slice of the lucrative US$1 billion annual market in saffron supply.
If successful, the solution has the potential to challenge the global Iranian monopoly on saffron, which has stood strong for the past 1,000 years. Iran has historically dominated the trade in ‘red gold’, meeting 90-95% of world demand, as it enjoys soil and climate conditions ideal for the growing and production of saffron using traditional, labour intensive methods.
Saffron Tech’s new technology hopes to provide turnkey automated growing solutions for high-quality, high-yield saffron – all year round. The company is developing and testing an automated vertical farm for saffron growing, using its knowledge in plant biology to provide optimal conditions for each stage of the plant’s development to enhance product quality. Currently, traditional methods produce one annual harvest – however Saffron Tech’s solution could deliver more.
Read the complete article at www.foodandfarmingtechnology.com.
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