Saffron Market Analysis and Size
Data Bridge Market Research analyzes that the Global Saffron B2B Market is expected to reach a value of USD 742.49 million by 2030, at a CAGR of 6.3% and the global saffron B2C market to reach a value of USD 1,110.27 million by 2030, at a CAGR of 6.1% during the forecast period.
The saffron market has significant growth in the cosmetics industry. Due to its skin-brightening and hair-strengthening qualities, saffron is frequently utilized in the production of numerous personal care products, including lotions, cleansers, anti-blemish and fairness creams, and shampoos. The product's extensive use as a primary component in numerous food and beverages is another factor fueling the market's expansion. Saffron is being used by consumers as a natural coloring and flavoring agent due to the rising health consciousness among the general public. Along with this, saffron is used in pharmaceuticals to treat cancer, macular degeneration, arthritis, and cardiovascular problems, thanks to its neuroprotective and anti-tumor qualities, which is further boosting the market growth.
REPORT METRIC | DETAILS |
Forecast Period | 2022 to 2030 |
Base Year | 2022 |
Historic Year | 2021 |
Quantitative Units | Revenue in USD Million, Volumes in Kilo Tons, and Pricing in USD |
Segments Covered | By Type (Sargol Saffron, Pushal/Poshal Saffron, Negin Saffron, Super Negin Saffron, and Bunch or Dasteh Saffron), Grade (Grade I, Grade II, Grade III, and Grade IV), Category (Conventional Products and Organic Products), Form (Powder, Liquid, Stigma, and Petals), Origin (India, Iran, Spain, Greece, Morocco, and Others), Drying Method (Sun Drying Method, Electric Oven Drying Method, Vaccum Oven Drying Method, Microwave Drying Method, and Others), Application (Food Beverages, Food Supplements, Dietary Supplements, Pharmaceutical, Personal Care, Cosmetic, and Others), Distribution Channel (B2B (Store Based Retail, Non Store Based Retail) and B2C (Store Based Retail, Non Store Based Retail)) |
Country Covered | U.S., Canada, Mexico, Germany, U.K., Italy, France, Spain, Switzerland, Netherlands, Belgium, Russia, Poland, Denmark, Finland, Norway, Turkey, rest of Europe, Japan, China, South Korea, India, Australia, New Zealand, Taiwan, Singapore, Thailand, Indonesia, Malaysia, Philippines, rest of Asia-Pacific, South Africa, U.A.E, Saudi Arabia, Egypt, Israel, rest of Middle East and Africa, Brazil, Argentina, and rest of South America |
Market Players Covered | Baby Brand Saffron, Esfedan Saffron Co., Rowhani Saffron Co., Kashmir Kesar Leader, The Cheshire Saffron Company, Novin Saffron Company, Norfolk Saffron, Retaj Agro Farms., GREEN LEAVES INTERNATIONAL, Tarvand Saffron Co, MVT Foods., Società Agricola Baghini Buonacara Srls, SAFRANTE SPECIALTY FOODS S.A., Cornish Saffron, Saharkhiz International Group Inc., English Saffron, ORGANIC KASHMIR, Zamindar Kesar, Roskorwell Farm, Mane KANCOR, Saffron Business, Red Ruby Norway, Eyjann saffron, and Mancha Farms among others |
Global Saffron Market Scope
Global saffron market is segmented into eight notable segments based on type, grade, category, form, origin, drying method, application, and distribution channel. The growth amongst these segments will help you analyze major growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Sargol Saffron
- Pushal/Poshal Saffron
- Negin Saffron
- Super Negin Saffron
- Bunch or Dasteh Saffron
Based on type, the market is segmented into sargol saffron, pushal/poshal saffron, negin saffron, super negin saffron, and bunch or dasteh saffron.
Grade
- Grade I
- Grade II
- Grade III
- Grade IV
Based on grade, the market is segmented into grade I, grade II, grade III, and grade IV.
Category
- Conventional
- Organic
Based on category, the market is segmented into conventional and organic.
Form
- Powder
- Liquid
- Stigma
- Petals
Based on form, the market is segmented into powder, liquid, stigma, and petals.
Origin
- India
- Iran
- Spain
- Greece
- Morocco
- Others
Based on origin, the market is segmented into India, Iran, Spain, Greece, Morocco, and others.
Drying Method
- Sun Drying Method
- Electric Oven Drying Method
- Vacuum Oven Drying Method
- Microwave Drying Method
- Others
Based on drying method, the market is segmented into sun drying method, electric oven drying method, vacuum oven drying method, microwave drying method, and others.
Application
- Food Beverages
- Food Supplements
- Dietary Supplements
- Pharmaceutical
- Personal Care
- Cosmetic
- Others
Based on application, the market is segmented into food beverages, food supplements, dietary supplements, pharmaceutical, personal care, cosmetic, and others.
Distribution Channel
- B2B
- B2C
Based on distribution channel, the market is segmented into B2B and B2C.
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Post-COVID-19 Impact on Global Saffron Market
Post the pandemic, the demand for saffron increased as there were no more restrictions on the movement. Hence, the supply of products would be easy. In addition, the growing trend of processed food products and increased demand for saffron cultivation after the COVID-19 outbreak are expected to drive market growth.
Recent Development
- In May 2020, food news entitled “How adding a pinch of saffron to your food daily can magically improve your health” was published by the Times of India. This extraordinary spice has been used for centuries for its extraordinary therapeutic properties, which can both prevent and treat a number of health problems. Saffron has also been an excellent spice to bolster immunity and ward off seasonal illnesses aside from that. The importance of maintaining good health has increased as the globe fights the deadliest epidemic, COVID-19.
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Major TOC of the Report
1 INTRODUCTION
2 MARKET SEGMENTATION
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
5 MARKET OVERVIEW
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https://www.databridgemarketresearch.com/toc/?dbmr=global-saffron-market
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