Market Segmentation
- Saffron Grade Outlook (USD Million; Volume Tons; 2017 - 2030)
- Grade I
- Grade II
- Grade III
- Grade IV
- Saffron Type Outlook (USD Million; Volume Tons; 2017 - 2030)
- Saffron Form Outlook (USD Million; Volume Tons; 2017 - 2030)
- Liquid
- Powder
- Stigma
- Petals
- Stamen
- Saffron Application Outlook (Volume, Tons; Revenue, USD Million; 2017 - 2030)
- Food supplements
- Cosmetics
- Personal care products
- Food & beverage
- Others
- Saffron Distribution Outlook (USD Million; Tons; 2017 - 2030)
- Saffron Regional Outlook (Volume, Tons; Revenue, USD Million; 2017 - 2030)
- North America
- North America Saffron Market, By Grade
- Grade I
- Grade II
- Grade III
- Grade IV
- North America Saffron Market, By Type
- North America Saffron Market, By Form
- Liquid
- Powder
- Stigma
- Petals
- Stamen
- North America Saffron Market, By Application
- Food supplements
- Cosmetics
- Personal care products
- Food & beverage
- Others
- North America Saffron Market, By Distribution
- U.S.
- U.S. Saffron Market, By Grade
- Grade I
- Grade II
- Grade III
- Grade IV
- U.S. Saffron Market, By Type
- U.S. Saffron Market, By Form
- Liquid
- Powder
- Stigma
- Petals
- Stamen
- U.S. Saffron Market, By Application
- Food supplements
- Cosmetics
- Personal care products
- Food & beverage
- Others
- U.S. Saffron Market, By Distribution
- Canada
- Canada Saffron Market, By Grade
- Grade I
- Grade II
- Grade III
- Grade IV
- CanadaSaffron Market, By Type
- Canada Saffron Market, By Form
- Liquid
- Powder
- Stigma
- Petals
- Stamen
- Canada Saffron Market, By Application
- Food supplements
- Cosmetics
- Personal care products
- Food & beverage
- Others
- Canada Saffron Market, By Distribution
- Mexico
- MexicoSaffron Market, By Grade
- Grade I
- Grade II
- Grade III
- Grade IV
- MexicoSaffron Market, By Type
- Mexico Saffron Market, By Form
- Liquid
- Powder
- Stigma
- Petals
- Stamen
- Mexico Saffron Market, By Application
- Food supplements
- Cosmetics
- Personal care products
- Food & beverage
- Others
- Mexico Saffron Market, By Distribution
- Europe
- Europe Saffron Market, By Grade
- Grade I
- Grade II
- Grade III
- Grade IV
- Europe Saffron Market, By Type
- Europe Saffron Market, By Form
- Liquid
- Powder
- Stigma
- Petals
- Stamen
- Europe Saffron Market, By Application
- Food supplements
- Cosmetics
- Personal care products
- Food & beverage
- Others
- Europe Saffron Market, By Distribution
- U.K.
- U.K.Saffron Market, By Grade
- Grade I
- Grade II
- Grade III
- Grade IV
- U.K.Saffron Market, By Type
- U.K.Saffron Market, By Form
- Liquid
- Powder
- Stigma
- Petals
- Stamen
- U.K.Saffron Market, By Application
- Food supplements
- Cosmetics
- Personal care products
- Food & beverage
- Others
- U.K. Saffron Market, By Distribution
- Germany
- GermanySaffron Market, By Grade
- Grade I
- Grade II
- Grade III
- Grade IV
- Germany Saffron Market, By Type
- Germany Saffron Market, By Form
- Liquid
- Powder
- Stigma
- Petals
- Stamen
- Germany Saffron Market, By Application
- Food supplements
- Cosmetics
- Personal care products
- Food & beverage
- Others
- Germany Saffron Market, By Distribution
- France
- FranceSaffron Market, By Grade
- Grade I
- Grade II
- Grade III
- Grade IV
- FranceSaffron Market, By Type
- France Saffron Market, By Form
- Liquid
- Powder
- Stigma
- Petals
- Stamen
- France Saffron Market, By Application
- Food supplements
- Cosmetics
- Personal care products
- Food & beverage
- Others
- France Saffron Market, By Distribution
- Italy
- Italy Saffron Market, By Grade
- Grade I
- Grade II
- Grade III
- Grade IV
- Italy Saffron Market, By Type
- Italy Saffron Market, By Form
- Liquid
- Powder
- Stigma
- Petals
- Stamen
- Italy Saffron Market, By Application
- Food supplements
- Cosmetics
- Personal care products
- Food & beverage
- Others
- Italy Saffron Market, By Distribution
- Spain
- Spain Saffron Market, By Grade
- Grade I
- Grade II
- Grade III
- Grade IV
- Spain Saffron Market, By Type
- Spain Saffron Market, By Form
- Liquid
- Powder
- Stigma
- Petals
- Stamen
- Spain Saffron Market, By Application
- Food supplements
- Cosmetics
- Personal care products
- Food & beverage
- Others
- Spain Saffron Market, By Distribution
- Asia Pacific
- Asia Pacific Saffron Market, By Grade
- Grade I
- Grade II
- Grade III
- Grade IV
- Asia Pacific Saffron Market, By Type
- Asia Pacific Saffron Market, By Form
- Liquid
- Powder
- Stigma
- Petals
- Stamen
- Asia Pacific Saffron Market, By Application
- Food supplements
- Cosmetics
- Personal care products
- Food & beverage
- Others
- Asia Pacific Saffron Market, By Distribution
- China
- China Saffron Market, By Grade
- Grade I
- Grade II
- Grade III
- Grade IV
- China Saffron Market, By Type
- China Saffron Market, By Form
- Liquid
- Powder
- Stigma
- Petals
- Stamen
- China.Saffron Market, By Application
- Food supplements
- Cosmetics
- Personal care products
- Food & beverage
- Others
- China Saffron Market, By Distribution
- India
- IndiaSaffron Market, By Grade
- Grade I
- Grade II
- Grade III
- Grade IV
- India Saffron Market, By Type
- India Saffron Market, By Form
- Liquid
- Powder
- Stigma
- Petals
- Stamen
- India Saffron Market, By Application
- Food supplements
- Cosmetics
- Personal care products
- Food & beverage
- Others
- India Saffron Market, By Distribution
- Japan
- Japan Saffron Market, By Grade
- Grade I
- Grade II
- Grade III
- Grade IV
- JapanSaffron Market, By Type
- Japan Saffron Market, By Form
- Liquid
- Powder
- Stigma
- Petals
- Stamen
- Japan Saffron Market, By Application
- Food supplements
- Cosmetics
- Personal care products
- Food & beverage
- Others
- Japan Saffron Market, By Distribution
- Australia
- Australia Saffron Market, By Grade
- Grade I
- Grade II
- Grade III
- Grade IV
- Australia Saffron Market, By Type
- Australia Saffron Market, By Form
- Liquid
- Powder
- Stigma
- Petals
- Stamen
- Australia Saffron Market, By Application
- Food supplements
- Cosmetics
- Personal care products
- Food & beverage
- Others
- Australia Saffron Market, By Distribution
- Central & South America
- Central & South AmericaSaffron Market, By Grade
- Grade I
- Grade II
- Grade III
- Grade IV
- Central & South AmericaSaffron Market, By Type
- Central & South AmericaSaffron Market, By Form
- Liquid
- Powder
- Stigma
- Petals
- Stamen
- Central & South America Saffron Market, By Application
- Food supplements
- Cosmetics
- Personal care products
- Food & beverage
- Others
- Central & South America Saffron Market, By Distribution
- Brazil
- Brazil Saffron Market, By Grade
- Grade I
- Grade II
- Grade III
- Grade IV
- Brazil Saffron Market, By Type
- Brazil Saffron Market, By Form
- Liquid
- Powder
- Stigma
- Petals
- Stamen
- Brazil Saffron Market, By Application
- Food supplements
- Cosmetics
- Personal care products
- Food & beverage
- Others
- Brazil Saffron Market, By Distribution
- Argentina
- Argentina Saffron Market, By Grade
- Grade I
- Grade II
- Grade III
- Grade IV
- Argentina Saffron Market, By Type
- Argentina Saffron Market, By Form
- Liquid
- Powder
- Stigma
- Petals
- Stamen
- Argentina Saffron Market, By Application
- Food supplements
- Cosmetics
- Personal care products
- Food & beverage
- Others
- Argentina Saffron Market, By Distribution
- Middle East & Africa
- Middle East & AfricaSaffron Market, By Grade
- Grade I
- Grade II
- Grade III
- Grade IV
- Middle East & AfricaSaffron Market, By Type
- Middle East & Africa Saffron Market, By Form
- Liquid
- Powder
- Stigma
- Petals
- Stamen
- Middle East & Africa Saffron Market, By Application
- Food supplements
- Cosmetics
- Personal care products
- Food & beverage
- Others
- Middle East & Africa Saffron Market, By Distribution
- UAE
- UAE Saffron Market, By Grade
- Grade I
- Grade II
- Grade III
- Grade IV
- UAE Saffron Market, By Type
- UAE Saffron Market, By Form
- Liquid
- Powder
- Stigma
- Petals
- Stamen
- UAE Saffron Market, By Application
- Food supplements
- Cosmetics
- Personal care products
- Food & beverage
- Others
- UAE Saffron Market, By Distribution
- South Africa
- South AfricaSaffron Market, By Grade
- Grade I
- Grade II
- Grade III
- Grade IV
- South Africa Saffron Market, By Type
- South Africa Saffron Market, By Form
- Liquid
- Powder
- Stigma
- Petals
- Stamen
- South Africa Saffron Market, By Application
- Food supplements
- Cosmetics
- Personal care products
- Food & beverage
- Others
- South Africa Saffron Market, By Distribution
- Iran
- Iran Saffron Market, By Grade
- Grade I
- Grade II
- Grade III
- Grade IV
- IranSaffron Market, By Type
- Iran Saffron Market, By Form
- Liquid
- Powder
- Stigma
- Petals
- Stamen
- Iran Saffron Market, By Application
- Food supplements
- Cosmetics
- Personal care products
- Food & beverage
- Others
- Iran Saffron Market, By Distribution
Saffron Market Dynamics
Driver-Growing Demand for Saffron in Medical and Cosmetic Applications
The widespread application of saffron in various industries including medicine and cosmetics has boosted the market growth globally. Saffron is a spice with a distinctive color and strong fragrance. It is rich in antioxidants and offers several health benefits. The main active compounds present in saffron include picrocrocin, safranal, and crocin, all of which have antioxidant properties that help fight against oxidative stress and free radicals. For instance, oxidative stress and free radicals perform a key role in the advancement of many health conditions. The antioxidant property of saffron helps cures various health conditions such as heart disease and cancer, as well as protect the human body from nervous system disorders. The compounds present in saffron such as crocin help reduce oxidative damage and inflammation in the human brain, which results in positive health impact. Saffron is known for its memory-enhancing, antioxidant, and anti-inflammatory effects, resulting in its usage in the cure of Alzheimer’s. Thus, the various medicinal benefits offered by saffron are likely to propel market growth.
Driver-Growing Food Industry in Various Regions
The global food industry is growing rapidly on account of increasing demand for a variety of food products. Saffron is used in food products as a flavoring, aroma, and seasoning agent. Several ready-toeat foods manufacturers have been using saffron as an ingredient in various food products. The functional foods market is growing in line with the rising demand for ready-to-eat food products owing to their multiple health benefits. In addition, saffron is used in dessert and dairy products. For instance, Vadilal, an ice-cream maker, uses saffron as a flavoring agent. Saffron is also used in confectionery products such as cookies, cakes, bread, and sweets. For instance, saffron is used to make the Swedish Lussebullar, a famous saffron baked product. Companies such as Haldirams use saffron to add flavor to sweets and bakery items. Thus, the rising demand for confectionery products is expected to benefit the market growth over the forecast period.
Restraint-High Cost of Saffron
Saffron is a highly labor-intensive crop, particularly during the harvesting stage. However, no studies are supporting the use of automation as a reliable approach to eliminate the thread-like stigmas from the saffron flower. Furthermore, there is no machine that can perform the delicate task essential to harvest, these thin threads. It takes about 40 hours of labor-intensive work to produce just 1 kilogram of highquality saffron and over 11,000 farmers are engaged in planting approximately 5,200 hectares of saffron plots. Factors such as increasing labor cost, necessary conditions for cultivation is expected to result in high price of saffron which is further expected to restrain the market growth over the coming years. Planting saffron is not easy as it blooms in severe temperatures, both hot and cold, thus, every single variation in the climate can affect its development. Packaging plays an important role in the value chain as saffron is light-sensitive and hygroscopic, thus, should be well-preserved and covered from light during transport.
What Does This Report Include?
This section will provide insights into the contents included in this saffron market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.
Saffron market qualitative analysis
Saffron market quantitative analysis
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Market size, estimates, and forecast from 2018 to 2030
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Market estimates and forecast for product segments up to 2030
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Regional market size and forecast for product segments up to 2030
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Market estimates and forecast for application segments up to 2030
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Regional market size and forecast for application segments up to 2030
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Company financial performance