Global Saffron Market to 2032
Overview
The Global Saffron Market is expected to reach a 1,267.60 USD Million by 2032 and is projected to grow at a CAGR of 6.85% from 2025 to 2032.
Revenue, 2024 (USD Million)
776.61
Forecast, 2032 (USD Million)
1,267.60
CAGR, 2024 - 2032
6.85%
Report Coverage
Global
Global Saffron Market 2018-2032 USD Million
Global Saffron Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 776.61 USD Million
- Projected Market Size (2032): 1,267.60 USD Million
- CAGR (2025-2032): 6.85%
Key Findings of Global Saffron Market
- The Global Saffron Market was valued at 1,267.60 USD Million in 2024.
- The Global Saffron Market is likely to grow at a CAGR of 6.85% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Petals in Form Segment accounted for the largest share of the market with a revenue of 776.61 USD Million
- The fastest growing segment Sargol Saffron in Type Segment grew Fastest with a CAGR of 7.23% during the forecast period from 2024 to 2032.
Global Saffron Market Scope
Global Saffron Market Segmentation & Scope
Form
- Petals
- Stigma
- Liquid
- Powder
Origin
- Iran
- Spain
- India
- Greece
- Morocco
- Others
Drying Method
- Electric Oven Drying Method
- Vacuum Oven Drying Method
- Sun Drying Method
- Others (If Any)
- Microwave Drying Method
Distribution Channel
- Store Based Retail
- Non Store Based Retail
Type
- Sargol Saffron
- Super Negin Saffron
- Negin Saffron
- Pushal/Poshal Saffron
- Bunch or Dasteh Saffron
Grade
- Grade II
- Grade I
- Grade III
- Grade IV
Category
- Conventional
- Organic
Global Saffron Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 776.61 USD Million |
| Market Value in 2032 | 1,267.60 USD Million |
| CAGR (2025-2032) | 6.85% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Form,Origin,Drying Method,Distribution Channel,Type,Grade,Category |
Regional Insights:
-
Leading Market (2024-2032): Global, leading in terms of revenue 776.61 USD Million in 2024
- Key Country: Spain, leading in terms of revenue with value of 169.14 USD Million in 2024.
Segments and Scope
-
Global Saffron Market to 2032, By Form
- Petals is the largest segment in Global Saffron Market to 2032 with a revenue of 776.61 USD Million in the year 2024.
- Petals is the Fastest growing segment in Global Saffron Market to 2032 with a Growth rate of 6.85 % in forecast period 2025-2032.
-
Global Saffron Market to 2032, By Origin
- Iran is the largest segment in Global Saffron Market to 2032 with a revenue of 340.10 USD Million in the year 2024.
- Iran is the Fastest growing segment in Global Saffron Market to 2032 with a Growth rate of 7.19 % in forecast period 2025-2032.
-
Global Saffron Market to 2032, By Drying Method
- Microwave Drying Method is the largest segment in Global Saffron Market to 2032 with a revenue of 245.57 USD Million in the year 2024.
- Microwave Drying Method is the Fastest growing segment in Global Saffron Market to 2032 with a Growth rate of 7.16 % in forecast period 2025-2032.
-
Global Saffron Market to 2032, By Distribution Channel
- Store Based Retail is the largest segment in Global Saffron Market to 2032 with a revenue of 552.80 USD Million in the year 2024.
- Store Based Retail is the Fastest growing segment in Global Saffron Market to 2032 with a Growth rate of 6.98 % in forecast period 2025-2032.
-
Global Saffron Market to 2032, By Type
- Sargol Saffron is the largest segment in Global Saffron Market to 2032 with a revenue of 238.82 USD Million in the year 2024.
- Sargol Saffron is the Fastest growing segment in Global Saffron Market to 2032 with a Growth rate of 7.23 % in forecast period 2025-2032.
-
Global Saffron Market to 2032, By Grade
- Grade II is the largest segment in Global Saffron Market to 2032 with a revenue of 278.29 USD Million in the year 2024.
- Grade II is the Fastest growing segment in Global Saffron Market to 2032 with a Growth rate of 7.19 % in forecast period 2025-2032.
-
Global Saffron Market to 2032, By Category
- Conventional is the largest segment in Global Saffron Market to 2032 with a revenue of 635.65 USD Million in the year 2024.
- Conventional is the Fastest growing segment in Global Saffron Market to 2032 with a Growth rate of 6.98 % in forecast period 2025-2032.
Global Saffron Market Company Share Analysis
| Name | Market Share | OwnnerShip | HQ | Website |
|---|---|---|---|---|
| Others | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| Baby Brand Saffron | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| Esfedan Saffron Co. | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| Rowhani Saffron Co. | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| Norfolk Saffron | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| The Cheshire Saffron Company. | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| Novin Saffron Company | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
Global Saffron Market Geographical Sales Distribution, 2018-2032 USD Million
Global Saffron Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Global Saffron Market is segmented based on Segmentation Form,Origin,Drying Method,Distribution Channel,Type,Grade,Category.
Global Saffron Market was valued at USD 776.61(Revenue in USD Million) in 2021.
Global Saffron Market is projected to grow at a CAGR of 6.85% during the forecast period of 2024 to 2032.
The Petals segment is expected to dominate the Global Saffron Market, holding a largest market share of 776.61 USD Million in 2024
Global Saffron Market Scope
Global Saffron Market Segmentation & Scope
Form
- Petals
- Stigma
- Liquid
- Powder
Origin
- Iran
- Spain
- India
- Greece
- Morocco
- Others
Drying Method
- Electric Oven Drying Method
- Vacuum Oven Drying Method
- Sun Drying Method
- Others (If Any)
- Microwave Drying Method
Distribution Channel
- Store Based Retail
- Non Store Based Retail
Type
- Sargol Saffron
- Super Negin Saffron
- Negin Saffron
- Pushal/Poshal Saffron
- Bunch or Dasteh Saffron
Grade
- Grade II
- Grade I
- Grade III
- Grade IV
Category
- Conventional
- Organic
Frequently Asked Questions
The Global Saffron Market is segmented based on Segmentation Form,Origin,Drying Method,Distribution Channel,Type,Grade,Category.
Global Saffron Market was valued at USD 776.61(Revenue in USD Million) in 2021.
Global Saffron Market is projected to grow at a CAGR of 6.85% during the forecast period of 2024 to 2032.
The estimated market value of the Global Saffron Market for final year is USD 1,267.60 (USD Million).
Global Saffron Market Company Profiling
Frequently Asked Questions
The Global Saffron Market is segmented based on Segmentation Form,Origin,Drying Method,Distribution Channel,Type,Grade,Category.
Global Saffron Market was valued at USD 776.61(Revenue in USD Million) in 2021.
Global Saffron Market is projected to grow at a CAGR of 6.85% during the forecast period of 2024 to 2032.
The estimated market value of the Global Saffron Market for final year is USD 1,267.60 (USD Million).
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