Saffron Market

Saffron Market Size, Share, Competitive Landscape and Trend Analysis Report by Product Type, Form, Application and Distribution Channel: Global Opportunity and Industry Forecast (2025-2030)

Report ID:

1083

Industry:

FMCG

Published on:

Oct 2025

1. Saffron Market: Overview

1.1. Study Assumption and Market Definition

1.2. Scope of the Study

1.3. Executive Summary

1.3.1. Market Size and Market Share by Segments, Region and Country

2. Saffron Market: Market Variables and Key Insights

2.1. Saffron Market Dynamics

2.1.1. Market Trends Analysis

2.1.2. Market Drivers Analysis

2.1.3. Market Challenges Analysis

2.1.4. Market Opportunities Analysis

2.2. Saffron Market Business Tools Analysis

2.2.1. PORTER’s Five Forces Analysis

2.2.2. PESTLE Analysis

2.3. Technology Roadmap

2.4. Value Chain Analysis

2.5. Regulatory Landscape by Region

1. North America

2. Europe

3. Asia Pacific

4. Middle East and Africa

5. South America

2.6. Analysis of Government Schemes and Initiatives on the Global Saffron Industry

3. Saffron Market: Global Market Size, Trend Analysis and Forecast (2024-2032) in Value (USD Million)

3.1. Global Saffron Market Size and Forecast, By Product Type (2024-2030)

3.1.1. Organic

3.1.2. Conventional

3.2. Global Saffron Market Size and Forecast, By Form (2024-2030)

3.2.1. Liquid

3.2.2. Powder

3.2.3. Stigma

3.2.4. Petals

3.2.5. Stamen

3.3. Global Saffron Market Size and Forecast, By Application (2024-2030)

3.3.1. Food Supplements

3.3.2. Cosmetics

3.3.3. Personal Care Products

3.3.4. Food & Beverage

3.4. Global Saffron Market Size and Forecast, By Distribution Channel (2024-2030)

3.4.1. B2B

3.4.2. B2C

3.5. Global Saffron Market Size and Forecast, By Country (2024-2030)

3.5.1. North America

3.5.2. Europe

3.5.3. Asia Pacific

3.5.4. Middle East & Africa

3.5.5. South America

4. Saffron Market: North America Market Size, Trend Analysis and Forecast (2024-2032) in Value (USD Million)

4.1. North America Saffron Market Size and Forecast, By Product Type (2024-2030)

4.1.1. Organic

4.1.2. Conventional

4.2. North America Saffron Market Size and Forecast, By Form (2024-2030)

4.2.1. Liquid

4.2.2. Powder

4.2.3. Stigma

4.2.4. Petals

4.2.5. Stamen

4.2.6. Functional Beverages & Foods

4.3. North America Saffron Market Size and Forecast, By Application (2024-2030)

4.3.1. Food Supplements

4.3.2. Cosmetics

4.3.3. Personal Care Products

4.3.4. Food & Beverage

4.4. North America Saffron Market Size and Forecast, By Distribution Channel (2024-2030)

4.4.1. B2B

4.4.2. B2C

4.5. North America Saffron Market Size and Forecast, by Country (2024-2030)

4.5.1. United States

4.5.2. Mexico

4.5.3. Canada

4.5.1.1 United States Saffron Market Size and Forecast, By Product Type (2024-2030)

4.5.1.2 United States Saffron Market Size and Forecast, By Form (2024-2030)

4.5.1.3 United States Saffron Market Size and Forecast, By Application (2024-2030)

4.5.1.4 United States Saffron Market Size and Forecast, By Distribution Channel (2024-2030)

4.5.2.1 Mexico Saffron Market Size and Forecast, By Product Type (2024-2030)

4.5.2.2 Mexico Saffron Market Size and Forecast, By Form (2024-2030)

4.5.2.3 Mexico Saffron Market Size and Forecast, By Application (2024-2030)

4.5.2.4 Mexico Saffron Market Size and Forecast, By Distribution Channel (2024-2030)

4.5.3.1 Canada Saffron Market Size and Forecast, By Product Type (2024-2030)

4.5.3.2 Canada Saffron Market Size and Forecast, By Form (2024-2030)

4.5.3.3 Canada Saffron Market Size and Forecast, By Application (2024-2030)

4.5.3.4 Canada Saffron Market Size and Forecast, By Distribution Channel (2024-2030)

5. Saffron Market: Europe Market Size, Trend Analysis and Forecast (2024-2032) in Value (USD Million)

5.1. Europe Saffron Market Size and Forecast, By Product Type (2024-2030)

5.1.1. Organic

5.1.2. Conventional

5.2. Europe Saffron Market Size and Forecast, By Form (2024-2030)

5.2.1. Liquid

5.2.2. Powder

5.2.3. Stigma

5.2.4. Petals

5.2.5. Stamen

5.3. Europe Saffron Market Size and Forecast, By Application (2024-2030)

5.3.1. Food Supplements

5.3.2. Cosmetics

5.3.3. Personal Care Products

5.3.4. Food & Beverage

5.4. Europe Saffron Market Size and Forecast, By Distribution Channel (2024-2030)

5.4.1. B2B

5.4.2. B2C

5.5. Europe Saffron Market Size and Forecast, By Country (2024-2030)

5.5.1. United Kingdom

5.5.2. France

5.5.3. Germany

5.5.4. Italy

5.5.5. Spain

5.5.6. Sweden

5.5.7. Russia

5.5.8. Rest of Europe

5.5.1.1 United Kingdom Saffron Market Size and Forecast, By Product Type (2024-2030)

5.5.1.2 United Kingdom Saffron Market Size and Forecast, By Form (2024-2030)

5.5.1.3 United Kingdom Saffron Market Size and Forecast, By Application (2024-2030)

5.5.1.4 United Kingdom Saffron Market Size and Forecast, By Distribution Channel (2024-2030)

5.5.2.1 France Saffron Market Size and Forecast, By Product Type (2024-2030)

5.5.2.2 France Saffron Market Size and Forecast, By Form (2024-2030)

5.5.2.3 France Saffron Market Size and Forecast, By Application (2024-2030)

5.5.2.4 France Saffron Market Size and Forecast, By Distribution Channel (2024-2030)

5.5.3.1 Germany Saffron Market Size and Forecast, By Product Type (2024-2030)

5.5.3.2 Germany Saffron Market Size and Forecast, By Form (2024-2030)

5.5.3.3 Germany Saffron Market Size and Forecast, By Application (2024-2030)

5.5.3.4 Germany Saffron Market Size and Forecast, By Distribution Channel (2024-2030)

5.5.4.1 Italy Saffron Market Size and Forecast, By Product Type (2024-2030)

5.5.4.2 Italy Saffron Market Size and Forecast, By Form (2024-2030)

5.5.4.3 Italy Saffron Market Size and Forecast, By Application (2024-2030)

5.5.4.4 Italy Saffron Market Size and Forecast, By Distribution Channel (2024-2030)

5.5.5.1 Spain Saffron Market Size and Forecast, By Product Type (2024-2030)

5.5.5.2 Spain Saffron Market Size and Forecast, By Form (2024-2030)

5.5.5.3 Spain Saffron Market Size and Forecast, By Application (2024-2030)

5.5.5.4 Spain Saffron Market Size and Forecast, By Distribution Channel (2024-2030)

5.5.6.1 Sweden Saffron Market Size and Forecast, By Product Type (2024-2030)

5.5.6.2 Sweden Saffron Market Size and Forecast, By Form (2024-2030)

5.5.6.3 Sweden Saffron Market Size and Forecast, By Application (2024-2030)

5.5.6.4 Sweden Saffron Market Size and Forecast, By Distribution Channel (2024-2030)

5.5.7.1 Russia Saffron Market Size and Forecast, By Product Type (2024-2030)

5.5.7.2 Russia Saffron Market Size and Forecast, By Form (2024-2030)

5.5.7.3 Russia Saffron Market Size and Forecast, By Application (2024-2030)

5.5.7.4 Russia Saffron Market Size and Forecast, By Distribution Channel (2024-2030)

5.5.8.1 Rest of Europe Saffron Market Size and Forecast, By Product Type (2024-2030)

5.5.8.2 Rest of Europe Saffron Market Size and Forecast, By Form (2024-2030)

5.5.8.3 Rest of Europe Saffron Market Size and Forecast, By Application (2024-2030)

5.5.8.4 Rest of Europe Saffron Market Size and Forecast, By Distribution Channel (2024-2030)

6. Saffron Market: Asia Pacific Market Size, Trend Analysis and Forecast (2024-2032) in Value (USD Million)

6.1. Asia Pacific Saffron Market Size and Forecast, By Product Type (2024-2030)

6.1.1. Organic

6.1.2. Conventional

6.2. Asia Pacific Saffron Market Size and Forecast, By Form (2024-2030)

6.2.1. Liquid

6.2.2. Powder

6.2.3. Stigma

6.2.4. Petals

6.2.5. Stamen

6.3. Asia Pacific Saffron Market Size and Forecast, By Application (2024-2030)

6.3.1. Food Supplements

6.3.2. Cosmetics

6.3.3. Personal Care Products

6.3.4. Food & Beverage

6.4. Asia Pacific Saffron Market Size and Forecast, By Distribution Channel (2024-2030)

6.4.1. B2B

6.4.2. B2C

6.5. Asia Pacific Saffron Market Size and Forecast, By Country (2024-2030)

6.5.1. China

6.5.2. South Korea

6.5.3. Japan

6.5.4. India

6.5.5. Australia

6.5.6. ASEAN

6.5.7. Rest of Asia Pacific

6.5.1.1 China Saffron Market Size and Forecast, By Product Type (2024-2030)

6.5.1.2 China Saffron Market Size and Forecast, By Form (2024-2030)

6.5.1.3 China Saffron Market Size and Forecast, By Application (2024-2030)

6.5.1.4 China Saffron Market Size and Forecast, By Distribution Channel (2024-2030)

6.5.2.1 South Korea Saffron Market Size and Forecast, By Product Type (2024-2030)

6.5.2.2 South Korea Saffron Market Size and Forecast, By Form (2024-2030)

6.5.2.3 South Korea Saffron Market Size and Forecast, By Application (2024-2030)

6.5.2.4 South Korea Saffron Market Size and Forecast, By Distribution Channel (2024-2030)

6.5.3.1 Japan Saffron Market Size and Forecast, By Product Type (2024-2030)

6.5.3.2 Japan Saffron Market Size and Forecast, By Form (2024-2030)

6.5.3.3 Japan Saffron Market Size and Forecast, By Application (2024-2030)

6.5.3.4 Japan Saffron Market Size and Forecast, By Distribution Channel (2024-2030)

6.5.4.1 India Saffron Market Size and Forecast, By Product Type (2024-2030)

6.5.4.2 India Saffron Market Size and Forecast, By Form (2024-2030)

6.5.4.3 India Saffron Market Size and Forecast, By Application (2024-2030)

6.5.4.4 India Saffron Market Size and Forecast, By Distribution Channel (2024-2030)

6.5.5.1 Australia Saffron Market Size and Forecast, By Product Type (2024-2030)

6.5.5.2 Australia Saffron Market Size and Forecast, By Form (2024-2030)

6.5.5.3 Australia Saffron Market Size and Forecast, By Application (2024-2030)

6.5.5.4 Australia Saffron Market Size and Forecast, By Distribution Channel (2024-2030)

6.5.6.1 ASEAN Saffron Market Size and Forecast, By Product Type (2024-2030)

6.5.6.2 ASEAN Saffron Market Size and Forecast, By Form (2024-2030)

6.5.6.3 ASEAN Saffron Market Size and Forecast, By Application (2024-2030)

6.5.6.4 ASEAN Saffron Market Size and Forecast, By Distribution Channel (2024-2030)

6.5.7.1 Rest of Asia Pacific Saffron Market Size and Forecast, By Product Type (2024-2030)

6.5.7.2 Rest of Asia Pacific Saffron Market Size and Forecast, By Form (2024-2030)

6.5.7.3 Rest of Asia Pacific Saffron Market Size and Forecast, By Application (2024-2030)

6.5.7.4 Rest of Asia Pacific Saffron Market Size and Forecast, By Distribution Channel (2024-2030)

7. Saffron Market: Middle East & Africa Market Size, Trend Analysis and Forecast (2024-2032) in Value (USD Million)

7.1. Middle East & Africa Saffron Market Size and Forecast, By Product Type (2024-2030)

7.1.1. Organic

7.1.2. Conventional

7.2. Middle East & Africa Saffron Market Size and Forecast, By Form

(2024-2030)

7.2.1. Liquid

7.2.2. Powder

7.2.3. Stigma

7.2.4. Petals

7.2.5. Stamen

7.3. Middle East & Africa Saffron Market Size and Forecast, By Application (2024-2030)

7.3.1. Food Supplements

7.3.2. Cosmetics

7.3.3. Personal Care Products

7.3.4. Food & Beverage

7.4. Middle East & Africa Saffron Market Size and Forecast, By Distribution Channel (2024-2030)

7.4.1. B2B

7.4.2. B2C

7.5. Middle East & Africa Saffron Market Size and Forecast, by Country (2024-2030)

7.5.1. South Africa

7.5.2. GCC

7.5.3. Turkey

7.5.4. Rest of ME&A

7.5.1.1 South Africa Saffron Market Size and Forecast, By Product Type (2024-2030)

7.5.1.2 South Africa Saffron Market Size and Forecast, By Form (2024-2030)

7.5.1.3 South Africa Saffron Market Size and Forecast, By Application (2024-2030)

7.5.1.4 South Africa Saffron Market Size and Forecast, By Distribution Channel (2024-2030)

7.5.2.1 GCC Saffron Market Size and Forecast, By Product Type (2024-2030)

7.5.2.2 GCC Saffron Market Size and Forecast, By Form (2024-2030)

7.5.2.3 GCC Saffron Market Size and Forecast, By Application (2024-2030)

7.5.2.4 GCC Saffron Market Size and Forecast, By Distribution Channel (2024-2030)

7.5.3.1 Turkey Saffron Market Size and Forecast, By Product Type (2024-2030)

7.5.3.2 Turkey Saffron Market Size and Forecast, By Form (2024-2030)

7.5.3.3 Turkey Saffron Market Size and Forecast, By Application (2024-2030)

7.5.3.4 Turkey Saffron Market Size and Forecast, By Distribution Channel (2024-2030)

7.5.4.1 Rest of ME&A Saffron Market Size and Forecast, By Product Type (2024-2030)

7.5.4.2 Rest of ME&A Saffron Market Size and Forecast, By Form (2024-2030)

7.5.4.3 Rest of ME&A Saffron Market Size and Forecast, By Application (2024-2030)

7.5.4.4 Rest of ME&A Saffron Market Size and Forecast, By Distribution Channel (2024-2030)

8. Saffron Market: South America Market Size, Trend Analysis and Forecast (2024-2032) in Value (USD Million)

8.1. South America Saffron Market Size and Forecast, By Product Type (2024-2030)

8.1.1. Organic

8.1.2. Conventional

8.2. South America Saffron Market Size and Forecast, By Form (2024-2030)

8.2.1. Liquid

8.2.2. Powder

8.2.3. Stigma

8.2.4. Petals

8.2.5. Stamen

8.3. South America Saffron Market Size and Forecast, By Application (2024-2030)

8.3.1. Food Supplements

8.3.2. Cosmetics

8.3.3. Personal Care Products

8.3.4. Food & Beverage

8.4. South America Saffron Market Size and Forecast, By Distribution Channel (2024-2030)

8.4.1. B2B

8.4.2. B2C

8.5. South America Saffron Market Size and Forecast, by Country (2024-2030)

8.5.1. Brazil

8.5.2. Argentina

8.5.3. Rest of South America

8.5.1.1 Brazil Saffron Market Size and Forecast, By Product Type (2024-2030)

8.5.1.2 Brazil Saffron Market Size and Forecast, By Form (2024-2030)

8.5.1.3 Brazil Saffron Market Size and Forecast, By Application (2024-2030)

8.5.1.4 Brazil Saffron Market Size and Forecast, By Distribution Channel (2024-2030)

8.5.2.1 Argentina Saffron Market Size and Forecast, By Product Type (2024-2030)

8.5.2.2 Argentina Saffron Market Size and Forecast, By Form (2024-2030)

8.5.2.3 Argentina Saffron Market Size and Forecast, By Application (2024-2030)

8.5.2.5 Argentina Saffron Market Size and Forecast, By Distribution Channel (2024-2030)

8.5.3.1 Rest of South America Saffron Market Size and Forecast, By Product Type (2024-2030)

8.5.3.2 Rest of South America Saffron Market Size and Forecast, By Form (2024-2030)

8.5.3.3 Rest of South America Saffron Market Size and Forecast, By Application (2024-2030)

8.5.3.4 Rest of South America Saffron Market Size and Forecast, By Distribution Channel (2024-2030)

9. Saffron Market: Competitive Landscape

9.1. JBI Competition Matrix

9.2. Competitive Landscape

9.3. Key Players Benchmarking

1. Company Name

2. Product Segment

3. End-User Segment

4. Revenue Details

5. Market Share

6. Company Locations

9.4. Market Categorisation

1. Market Leaders

2. Market Followers

3. Market Emerging Players

4. Mergers and Acquisitions Details

9.5. Company Profiles of Leading Market Players ((Company Overview, Product Portfolio, Financial Overview, SWOT Analysis, Strategies, Recent Developments, (Based on Availability)

1. Company Name

2. Product Segment

3. End-User Segment

4. Revenue Details

5. Market Share

6. Company Locations

9.5.1. Esfedan Saffron Co.

9.5.2. Flora Saffron (ATDM Co.)

9.5.3. Gohar Saffron Co.

9.5.4. Rowhani Saffron Co.

9.5.5. Safrante Global Company S.L.U.

9.5.6. Taj Agro International

9.5.7. Tarvand Saffron Co.

9.5.8. Novin Saffron Company

9.5.9. Shahri Saffron

9.5.10. Azafranes Manchegos, S.L

9.5.11. Krokos-Kozani

9.5.12. HEA & Co (Casa De Los Aromas)

9.5.13. Royal Saffron Company

9.5.14. Synthite Industries

9.5.15. International Flavors & Fragrances (IFF)

10. Saffron Market: Strategic Recommendations/ Market Opportunities

11. Saffron Market: Key Takeaways

12. Saffron Market: Research Methodology

Note:

• The table of contents is as per our syndicate report aimed at a broader audience, can be modified as per requirements.

• TOC can be amended before delivery as per research updates by the analysts.

Saffron Market Summary

Global Saffron Market had a value of USD 744.63 Million in 2024 and expected it to hit USD 1,194.83 Million by 2030, with a CAGR of 8.2 % per year.

Saffron Industry Trends and Analytical Insights -

Middle East & Africa Saffron Market was the largest revenue generating region market in year 2024, with market share accounted for 52.4 %.
In 2024, By Product Type, Conventional dominated the Saffron Market, accounted for 64.5% market shares.
Leading Key players for Saffron Market in 2024 was Esfedan Saffron Co., Flora Saffron (ATDM Co.), Gohar Saffron Co. and Rowhani Saffron Co.

Market Size & Forecast

Market Size 2024: USD 744.63 Million
Projected Market Size 2030: USD 1,194.83 Million
CAGR (2024-2030): 8.2%
Middle East & Africa: Dominating market in 2024

Saffron Market Overview

The Global Saffron Market trade was changing, gradually moving to a premium segment of the spice industry in 2024. The change was sustained by the wide-ranging applications of the product in food, cosmetics, and pharmaceuticals. Saffron is a product of Crocus sativus L. and thus it takes about 150,000-200,000 flowers to get one kilogram. This was the reason why the spice was so expensive. From the reports, the spice has very potent bioactive compounds like crocin (6–16%), picrocrocin (4–13%), and safranal (0.1–0.6%) which was the main reason for its increased use in nutraceutical and wellness formulations in Saffron Industry. The global production of Saffron Market was still less than 300 tons per year, limited by the requirements of the cultivation zones and by the harvesting processes which are labour-intensive.

Iran was dominated the global saffron market were responsible for more than 85% of the total global production of saffron which was mainly coming from the Khorasan province. India was one of the important cultivators of saffron and produces approximately 6–7 tons a year, mainly from Pampore in Jammu & Kashmir, while Himachal Pradesh was gradually becoming a satellite zone of cultivation. The European production of Spain and Greece together amounts to 10–15 tons per year aimed at producing high-quality saffron under GI certifications. Better Indian agronomic practices can increase productivity by 30% in a few years which was very promising for the local Saffron Market to grow steadily.

According to trade data, a global saffron market move was becoming more apparent. The Netherlands imported saffron worth more than 10 million USD in 2023 and Sweden’s saffron imports went beyond 3 million USD, both marked a consistent upward trend. India saw the average retail price reach INR 2.7–3 lakh per kg in 2024. This was mainly caused by a limited domestic production in Saffron Industry and a strong demand for the confectionery and beauty sectors. Saffron Market in Europe like the UK and Spain were using more of it in specialty foods, whereas Asian countries were the ones that still lead the consumption of natural and functional ingredients for wellness products in Saffron Industry.

This extensive analysis by Jadhavar Business Intelligence Pvt Ltd provides consumers with a complete and actionable picture of the Global Saffron Market, including market size, share, trends, and growth estimates from 2024 to 2030. It provides a complete overview of important locations and countries by Product Type, Form, Application and Distribution Channel. Clients receive comprehensive market dynamics, business tool analysis (PORTER and PESTLE), a Technology roadmap, and regulatory updates. The study also includes country-specific projections, competitive benchmarking, Company profiles, and M&A activity, all of which aid in strategic planning, market entry analysis, and competitor positioning in Saffron Industry.

Saffron Market Dynamic’s

Global demand for Saffron Market was highly influenced by growing consumer preference for products with clean-label and that are made of natural ingredients in Saffron Industry. As an example, the organic saffron segment accounted for USD 302.32 million in 2024, which was indicative of the consumers who choose for natural colorants and antioxidants were the main reason for the approximate 22% year-over-year growth in organic saffron consumption in the food and beverage industry in 2024. Moreover, e-commerce was an implementer as well as since it is responsible for nearly 43% of the organic saffron sales in 2024, thus, increasing market reach in both North America and Europe. In the meantime, Indian saffron producers took advantage of the supply disruptions to elevate the retail prices wholesale went up by 20%, and retail by 27% in Saffron Industry.

In 2024, the Saffron Market experienced several limitations that were mainly caused by its ever-changing pricing, the infiltration of fabricated products, and its vulnerability to the climate. The adverse weather conditions in both Iran and Kashmir have resulted in a 12% decrease in the global Saffron industry yield, thus affecting the supply chains. While the production costs remain at a high level, it is still necessary to have more than 450 labor hours per kilogram, which was the reason why the prices were going beyond USD 5,000–7,000/kg. The rate of pollution of more than 20% in low-priced saffron exports is the main factor that causes the loss of trust in brands and difficulties in meeting compliance requirements in Saffron Market. On top of that, the limited mechanization, fluctuating quality standards, and complicated international trade regulations were the main factors that are hampering the expansion of the Saffron Industry and its transparency.

The Saffron Market had a lot of potential in 2024 as a result of many factors such as innovation, product diversification, and the expansion of wellness trends. One of the main reasons for this growth was the use of saffron in nutraceuticals and cosmetics, which is going to increase the demand for saffron extract to a large extent (more than 18% yearly). The innovations in hydroponic and controlled-environment cultivation methods have, in fact, raised the yields by 25–30%, thus, the cultivation of saffron had become less dependent on the climate. The producers in Europe and the Middle East, who have made strategic investments in traceability technologies to support their exports, are thus, gaining more competitiveness in the international Saffron Industry.

Saffron Market Segment Analysis

The Saffron Market is segmented into Product Type, Form, Application and Distribution Channel.

By Product Type

Based on Product Type segment the Saffron Market is segmented into Organic and Conventional. In 2024 the dominated Segment among all o was the Conventional accounted for 64.5 % of market shares of Saffron Market. This dominance driven by The conventional saffron derives most of its advantages from well-developed supply chains, less expensive production as well as certification, and being available in a larger quantity. Farmers in primary growing areas are more inclined to choose conventionally grown products since they have to deal with less regulations, thus they can produce more.

By Application

Based on Application Segment, the Saffron Market is segmented into Food Supplements, Cosmetics, Personal Care Products and Food & Beverage. Among this Application, Food & Beverage Application dominated the Saffron Market accounted for 56.5 % of market shares. This dominance was driven by Saffron’s vigorous application as a natural colorant, flavouring agent, and attractive ingredient for luxury and ethnic cuisines. Saffron Industry Demand was being fueled by large volume consumption in ready-meals, confectioneries, and gourmet dishes. Besides that, a customer’s inclining towards a clean-label and natural ingredients raises the utilization of saffron in F&B by-passing its usage in the cosmetic and supplement industries.

Saffron Market Region Analysis

Middle East & Africa Saffron Market dominated market in 2024 accounted for 52.4% of the total global revenue. The dominance of the region was a reflection of concentrated production mainly Iran, cheap bulk supply, well-established export infrastructure, and the long-lasting cultural demand which in combination maintain scale and price competitiveness. After that, Europe Saffron Market had a significant share of the market accounted for 36.8% and it was mainly driven by luxury-branded saffron, GI-protected origins (Spain, Greece) and high per-unit retail prices. Asia-Pacific Saffron Market was an accelerating market for the saffron industry, India’s domestic consumption and cultivation are the main factors, whereas North America was still a small market that was, however, increasing, especially for premium and wellness applications in Saffron Industry.

Saffron Market Competitive Analysis

In 2024, Esfedan Saffron Co. dominated as the leading player in the global Saffron Market, driven by its extensive experience, robust supply chain, certified quality labs, and diversified product portfolio including herbal teas and saffron-infused items. Gohar Saffron Co. was, therefore, also in a solid position, being one of the largest exporters of Iran, and thus, it was committed itself to providing the highest quality standards and maintaining consistency in Saffron Market. International Flavors & Fragrances (IFF) takes advantage of its global flavor and fragrance network to extend the use of the saffron-based products, though it was experienced some financial difficulties. The rest of the notable players such as Flora Saffron (ATDM Co.), Rowhani Saffron Co., Safrante Global, and Tarvand Saffron Co. bring to the competition in the Saffron Market their products through the innovation, quality, and reach to the international pitch.

Saffron Market Scope:

Saffron Market Key Players –

Esfedan Saffron Co.

Flora Saffron (ATDM Co.)

Gohar Saffron Co.

Rowhani Saffron Co.

Safrante Global Company S.L.U.

Taj Agro International

Tarvand Saffron Co.

Novin Saffron Company

Shahri Saffron

Azafranes Manchegos, S.L

Krokos-Kozani

HEA & Co (Casa De Los Aromas)

Royal Saffron Company

Synthite Industries

International Flavors & Fragrances (IFF)

Frequently Ask Questions –

1) Who are the major Key players of Saffron Market?

Ans - The Major Key players of Saffron Market are Esfedan Saffron Co., Flora Saffron (ATDM Co.), Gohar Saffron Co., Rowhani Saffron Co. and Safrante Global Company S.L.U.

2) Which Region accounted highest share of the Saffron Market in 2024?

Ans – Middle East & Africa region accounted highest share of the Saffron Market.

3) What was the market size of Saffron Market in 2024?

Ans – In 2024, market size of the Saffron Market is USD 744.63 Million.

4) Which Segment is expected to lead the market during forecast period?

Ans - Product Type Segment was the top segment holds the largest share in Saffron Market during forecast period.

5) What will be the market size of Saffron Market in 2030?

Ans- The market size of Saffron Market in 2030 will be USD 1,194.83 Million.

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