Product Code: GVR-4-68040-444-5
Organic Saffron Market Growth & Trends:
The global organic saffron market size was estimated to reach USD 362.5 million in 2030, growing at a CAGR of 7.7% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market is experiencing significant growth due to rising demand for saffron in medical and cosmetic applications. Known for its rich antioxidant content, saffron offers numerous health benefits, including its ability to reduce oxidative damage and inflammation in the brain.
Key active compounds such as picrocrocin, safranal, and crocin contribute to its memory-enhancing, antioxidant, and anti-inflammatory properties. These benefits are driving interest in saffron as a natural remedy for conditions associated with chronic inflammation, such as heart disease, diabetes, and arthritis. In addition, saffron's use as a natural UV-absorbing agent in cosmetics is gaining traction, further expanding its market appeal. Health-conscious consumers are increasingly seeking ways to manage inflammation and improve overall well-being through their diets. Saffron, being a low-calorie spice with no fat or cholesterol, aligns with dietary goals aimed at blood sugar management and weight control.
As lifestyle-related disorders like obesity and diabetes become more prevalent, the demand for saffron's health benefits continues to rise. The trend towards clean-label and transparent food products is also boosting market growth. Consumers are increasingly favoring organic and natural ingredients free from artificial additives and chemicals. Organic saffron, cultivated without synthetic pesticides and fertilizers, meets these clean-label demands and is highly valued for its purity and safety. Restaurants, food producers, and culinary experts are incorporating organic saffron into their offerings to cater to health-conscious customers, further fueling market expansion. The growing popularity of saffron as a premium, healthful ingredient is driving revenue in the organic saffron market.
Organic Saffron Market Report Highlights:
- Asia Pacific accounted for a revenue share of 29.09% in 2023. The culinary landscape in the Asia Pacific region is evolving, with a growing trend towards fusion cuisine and gourmet cooking. Organic saffron is valued for its unique flavor and color, making it a desirable ingredient for chefs and home cooks experimenting with new and sophisticated dishes.
- Powdered organic saffron is expected to grow with a CAGR of 7.4% from 2024 to 2030. This segment ensures a consistent flavor and color distribution in dishes. Unlike whole threads, which may require steeping and can vary in intensity, powdered saffron provides uniformity in recipes, making it a preferred choice for achieving a consistent taste and appearance in culinary creations.
- Grade I organic saffron accounted for a revenue share of 60.2% in 2023. With rising affluence and a growing interest in luxury and gourmet products, there is a higher demand for Grade I organic saffron. Consumers with higher disposable incomes tend to invest in premium ingredients, including the highest quality saffron.
- D2C such as hypermarkets & supermarkets, convenience stores, and online, among others are expected to grow at a CAGR of 8.0% from 2024 to 2030. The availability of organic saffron through various retail channels, including online platforms and specialty stores, has increased. This improved accessibility makes purchasing organic saffron easier, contributing to its growing popularity in D2C channels.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Grade Type Outlook
- 2.3. Form Outlook
- 2.4. End Use Application Outlook
- 2.5. Competitive Landscape Outlook
Chapter 3. Organic Saffron Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Organic Saffron Market Size, 2018 - 2030 (USD Million)
- 3.2. Penetration & Growth Prospect Mapping
- 3.3. Industry Value Chain Analysis
- 3.3.1. Raw Material Outlooks
- 3.3.2. Manufacturing and Technology Trends
- 3.3.3. Sales/ D2C Channel Analysis
- 3.3.4. Profit Margin Analysis
- 3.4. Market Dynamics
- 3.4.1. Market Driver Analysis
- 3.4.2. Market Restraint Analysis
- 3.4.3. Market Opportunities
- 3.4.4. Market Challenges
- 3.5. Industry Analysis - Porter's Five Forces Analysis
- 3.6. Market Entry Strategies
Chapter 4. Organic Saffron Market: Consumer Behavior Analysis
- 4.1. Demographic Analysis
- 4.2. Consumer Trends & Preferences
- 4.3. Factors Influencing Buying Behavior
- 4.4. Consumer Product Adoption Trends
- 4.5. Key Observations & Findings
Chapter 5. Organic Saffron Market: Grade Type Estimates & Trend Analysis
- 5.1. Organic Saffron Market, by Grade Type: Key Takeaways
- 5.2. Grade Type Movement Analysis & Market Share, 2023 & 2030
- 5.3. Market Estimates & Forecasts, by Grade Type, 2018 - 2030 (USD Million)
- 5.3.1. Grade I
- 5.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 5.3.2. Grade II
- 5.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 5.3.3. Grade III
- 5.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 5.3.4. Grade IV
- 5.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 6. Organic Saffron Market: Form Estimates & Trend Analysis
- 6.1. Organic Saffron Market, by Form: Key Takeaways
- 6.2. Form Movement Analysis & Market Share, 2023 & 2030
- 6.3. Market Estimates & Forecasts, by Form, 2018 - 2030 (USD Million)
- 6.3.1. Liquid
- 6.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.3.2. Powder
- 6.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.3.3. Threads
- 6.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 7. Organic Saffron Market: End use Application Estimates & Trend Analysis
- 7.1. Organic Saffron Market, by End use Application: Key Takeaways
- 7.2. End Use Application Movement Analysis & Market Share, 2023 & 2030
- 7.3. Market Estimates & Forecasts, by End use Application, 2018 - 2030 (USD Million)
- 7.3.1. B2B
- 7.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.3.1.2. Dietary Supplements
- 7.3.1.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.3.1.3. Cosmetics & Personal Care
- 7.3.1.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.3.1.4. Food & Beverages
- 7.3.1.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.3.1.5. Others
- 7.3.1.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.3.2. D2C
- 7.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.3.2.2. Hypermarkets & Supermarkets
- 7.3.2.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.3.2.3. Convenience Stores
- 7.3.2.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.3.2.4. Online
- 7.3.2.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.3.2.5. Others
- 7.3.2.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 8. Organic Saffron Market: Regional Estimates & Trend Analysis
- 8.1. Organic Saffron Market: Regional Outlook
- 8.2. Regional Movement Analysis & Market Share, 2023 & 2030
- 8.3. Market Estimates & Forecasts, by Region & Country, 2018 - 2030 (USD Million)
- 8.3.1. North America
- 8.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 8.3.1.2. U.S.
- 8.3.1.2.1. Key country dynamics
- 8.3.1.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 8.3.1.3. Canada
- 8.3.1.3.1. Key country dynamics
- 8.3.1.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 8.3.1.4. Mexico
- 8.3.1.4.1. Key country dynamics
- 8.3.1.4.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 8.3.2. Europe
- 8.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 8.3.2.2. Germany
- 8.3.2.2.1. Key country dynamics
- 8.3.2.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 8.3.2.3. U.K.
- 8.3.2.3.1. Key country dynamics
- 8.3.2.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 8.3.2.4. France
- 8.3.2.4.1. Key country dynamics
- 8.3.2.4.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 8.3.2.5. Italy
- 8.3.2.5.1. Key country dynamics
- 8.3.2.5.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 8.3.2.6. Spain
- 8.3.2.6.1. Key country dynamics
- 8.3.2.6.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 8.3.3. Asia Pacific
- 8.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 8.3.3.2. China
- 8.3.3.2.1. Key country dynamics
- 8.3.3.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 8.3.3.3. Japan
- 8.3.3.3.1. Key country dynamics
- 8.3.3.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 8.3.3.4. India
- 8.3.3.4.1. Key country dynamics
- 8.3.3.4.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 8.3.3.5. Australia & New Zealand
- 8.3.3.5.1. Key country dynamics
- 8.3.3.5.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 8.3.3.6. South Korea
- 8.3.3.6.1. Key country dynamics
- 8.3.3.6.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 8.3.4. Central & South America
- 8.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 8.3.4.2. Brazil
- 8.3.4.2.1. Key country dynamics
- 8.3.4.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 8.3.5. Middle East & Africa
- 8.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 8.3.5.2. UAE
- 8.3.5.2.1. Key country dynamics
Chapter 9. Competitive Analysis
- 9.1. Recent Developments & Impact Analysis, by Key Market Participants
- 9.2. Company Categorization
- 9.3. Participant's Overview
- 9.4. Financial Performance
- 9.5. Product Benchmarking
- 9.6. Company Market Share Analysis, 2023 (%)
- 9.7. Company Heat Map Analysis
- 9.8. Strategy Mapping
- 9.9. Company Profiles
- 9.9.1. Saffron Extract (Saffron Road)
- 9.9.1.1. Company Overview
- 9.9.1.2. Financial Performance
- 9.9.1.3. Product Portfolios
- 9.9.1.4. Strategic Initiatives
- 9.9.2. Kashmir Saffron (Kashmir Saffron Co.)
- 9.9.2.1. Company Overview
- 9.9.2.2. Financial Performance
- 9.9.2.3. Product Portfolios
- 9.9.2.4. Strategic Initiatives
- 9.9.3. Iran Saffron (Saffron King)
- 9.9.3.1. Company Overview
- 9.9.3.2. Financial Performance
- 9.9.3.3. Product Portfolios
- 9.9.3.4. Strategic Initiatives
- 9.9.4. The Saffron Company
- 9.9.4.1. Company Overview
- 9.9.4.2. Financial Performance
- 9.9.4.3. Product Portfolios
- 9.9.4.4. Strategic Initiatives
- 9.9.5. Saffronice
- 9.9.5.1. Company Overview
- 9.9.5.2. Financial Performance
- 9.9.5.3. Product Portfolios
- 9.9.5.4. Strategic Initiatives
- 9.9.6. Saffron Supply (Saffron Boutique)
- 9.9.6.1. Company Overview
- 9.9.6.2. Financial Performance
- 9.9.6.3. Product Portfolios
- 9.9.6.4. Strategic Initiatives
- 9.9.7. Jiva Organics
- 9.9.7.1. Company Overview
- 9.9.7.2. Financial Performance
- 9.9.7.3. Product Portfolios
- 9.9.7.4. Strategic Initiatives
- 9.9.8. Saffron Valley
- 9.9.8.1. Company Overview
- 9.9.8.2. Financial Performance
- 9.9.8.3. Product Portfolios
- 9.9.8.4. Strategic Initiatives
- 9.9.9. Saffron Global
- 9.9.9.1. Company Overview
- 9.9.9.2. Financial Performance
- 9.9.9.3. Product Portfolios
- 9.9.9.4. Strategic Initiatives
- 9.9.10. Saffron Magic
- 9.9.10.1. Company Overview
- 9.9.10.2. Financial Performance
- 9.9.10.3. Product Portfolios
- 9.9.10.4. Strategic Initiatives