Global saffron market 2024-2028

Description

List of Tables

The saffron market is forecasted to grow by USD 225.3 mn during 2023-2028, accelerating at a CAGR of 8.09% during the forecast period. The report on the saffron market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing use in the pharmaceutical and cosmetics industries, increasing awareness of health benefits of saffron, and growing demand for natural and organic products.

Technavio's saffron market is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	7.32%
CAGR	8.09%
Incremental Value	$225.3mn

By Formulation

Thread
Powder
Liquid

By End-user

Food
Medical
Cosmetics
Others

By Geography

APAC
Europe
North America
Middle East and Africa
South America

This study identifies the expansion of saffron cultivation as one of the prime reasons driving the saffron market growth during the next few years. Also, quality control procedures of saffron and expansion of organized retailing will lead to sizable demand in the market.

The report on the saffron market covers the following areas:

Saffron market sizing
Saffron market forecast
Saffron market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading saffron market vendors that include Al Hasad Al Fakher Trading Est., AZAFRANES MANCHEGOS SL, Esfedan Saffron Co., Gohar Saffron Co., Grandor Co., Green Leaves International, King Kesariya, La Casa de los Aromas S.L., Mehr Saffron, Norfolk Saffron, Novin Saffron Co., Organic Spices Inc., Rowhani Saffron Co., Rumi Spice, Safrante Specialty Foods S.A., Societa Agricola Baghini Buonacara Srls, The Cheshire Saffron Co., The Great American Spice Co., Trond Saffron Qain Co., and USMS Saffron Co. Inc.. Also, the saffron market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR75076

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by Formulation
- Executive Summary - Chart on Market Segmentation by End-user
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
2.2 Market characteristics
- Market characteristics analysis
2.3 Value chain analysis
- Value Chain Analysis

3 Market Sizing

3.1 Market definition
- Offerings of companies included in the market definition
3.2 Market segment analysis
- Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ million)
- Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global Saffron Market 2018 - 2022
- Historic Market Size - Data Table on Global Saffron Market 2018 - 2022 ($ million)
4.2 Formulation segment analysis 2018 - 2022
- Historic Market Size - Formulation Segment 2018 - 2022 ($ million)
4.3 End-user segment analysis 2018 - 2022
- Historic Market Size - End-user Segment 2018 - 2022 ($ million)
4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Formulation

6.1 Market segments
- Chart on Formulation - Market share 2023-2028 (%)
- Data Table on Formulation - Market share 2023-2028 (%)
6.2 Comparison by Formulation
- Chart on Comparison by Formulation
- Data Table on Comparison by Formulation
6.3 Thread - Market size and forecast 2023-2028
- Chart on Thread - Market size and forecast 2023-2028 ($ million)
- Data Table on Thread - Market size and forecast 2023-2028 ($ million)
- Chart on Thread - Year-over-year growth 2023-2028 (%)
- Data Table on Thread - Year-over-year growth 2023-2028 (%)
6.4 Powder - Market size and forecast 2023-2028
- Chart on Powder - Market size and forecast 2023-2028 ($ million)
- Data Table on Powder - Market size and forecast 2023-2028 ($ million)
- Chart on Powder - Year-over-year growth 2023-2028 (%)
- Data Table on Powder - Year-over-year growth 2023-2028 (%)
6.5 Liquid - Market size and forecast 2023-2028
- Chart on Liquid - Market size and forecast 2023-2028 ($ million)
- Data Table on Liquid - Market size and forecast 2023-2028 ($ million)
- Chart on Liquid - Year-over-year growth 2023-2028 (%)
- Data Table on Liquid - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Formulation
- Market opportunity by Formulation ($ million)
- Data Table on Market opportunity by Formulation ($ million)

7 Market Segmentation by End-user

7.1 Market segments
- Chart on End-user - Market share 2023-2028 (%)
- Data Table on End-user - Market share 2023-2028 (%)
7.2 Comparison by End-user
- Chart on Comparison by End-user
- Data Table on Comparison by End-user
7.3 Food - Market size and forecast 2023-2028
- Chart on Food - Market size and forecast 2023-2028 ($ million)
- Data Table on Food - Market size and forecast 2023-2028 ($ million)
- Chart on Food - Year-over-year growth 2023-2028 (%)
- Data Table on Food - Year-over-year growth 2023-2028 (%)
7.4 Medical - Market size and forecast 2023-2028
- Chart on Medical - Market size and forecast 2023-2028 ($ million)
- Data Table on Medical - Market size and forecast 2023-2028 ($ million)
- Chart on Medical - Year-over-year growth 2023-2028 (%)
- Data Table on Medical - Year-over-year growth 2023-2028 (%)
7.5 Cosmetics - Market size and forecast 2023-2028
- Chart on Cosmetics - Market size and forecast 2023-2028 ($ million)
- Data Table on Cosmetics - Market size and forecast 2023-2028 ($ million)
- Chart on Cosmetics - Year-over-year growth 2023-2028 (%)
- Data Table on Cosmetics - Year-over-year growth 2023-2028 (%)
7.6 Others - Market size and forecast 2023-2028
- Chart on Others - Market size and forecast 2023-2028 ($ million)
- Data Table on Others - Market size and forecast 2023-2028 ($ million)
- Chart on Others - Year-over-year growth 2023-2028 (%)
- Data Table on Others - Year-over-year growth 2023-2028 (%)
7.7 Market opportunity by End-user
- Market opportunity by End-user ($ million)
- Data Table on Market opportunity by End-user ($ million)

8 Customer Landscape

8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Chart on Market share by geography 2023-2028 (%)
- Data Table on Market share by geography 2023-2028 (%)
9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.4 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.5 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ million)
- Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
9.6 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.7 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ million)
- Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
9.8 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ million)
- Data Table on China - Market size and forecast 2023-2028 ($ million)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
9.9 Spain - Market size and forecast 2023-2028
- Chart on Spain - Market size and forecast 2023-2028 ($ million)
- Data Table on Spain - Market size and forecast 2023-2028 ($ million)
- Chart on Spain - Year-over-year growth 2023-2028 (%)
- Data Table on Spain - Year-over-year growth 2023-2028 (%)
9.10 Iran - Market size and forecast 2023-2028
- Chart on Iran - Market size and forecast 2023-2028 ($ million)
- Data Table on Iran - Market size and forecast 2023-2028 ($ million)
- Chart on Iran - Year-over-year growth 2023-2028 (%)
- Data Table on Iran - Year-over-year growth 2023-2028 (%)
9.11 India - Market size and forecast 2023-2028
- Chart on India - Market size and forecast 2023-2028 ($ million)
- Data Table on India - Market size and forecast 2023-2028 ($ million)
- Chart on India - Year-over-year growth 2023-2028 (%)
- Data Table on India - Year-over-year growth 2023-2028 (%)
9.12 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ million)
- Data Table on US - Market size and forecast 2023-2028 ($ million)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity by geography
- Market opportunity by geography ($ million)
- Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Opportunity/Restraints

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints

11 Competitive Landscape

11.1 Overview
11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
- Overview on factors of disruption
11.4 Industry risks
- Impact of key risks on business

12 Competitive Analysis

12.1 Companies profiled
- Companies covered
12.2 Market positioning of companies
- Matrix on companies position and classification
12.3 Al Hasad Al Fakher Trading Est.
- Al Hasad Al Fakher Trading Est. - Overview
- Al Hasad Al Fakher Trading Est. - Product / Service
- Al Hasad Al Fakher Trading Est. - Key offerings
12.4 AZAFRANES MANCHEGOS SL
- AZAFRANES MANCHEGOS SL - Overview
- AZAFRANES MANCHEGOS SL - Product / Service
- AZAFRANES MANCHEGOS SL - Key offerings
12.5 Esfedan Saffron Co.
- Esfedan Saffron Co. - Overview
- Esfedan Saffron Co. - Product / Service
- Esfedan Saffron Co. - Key offerings
12.6 Gohar Saffron Co.
- Gohar Saffron Co. - Overview
- Gohar Saffron Co. - Product / Service
- Gohar Saffron Co. - Key offerings
12.7 Grandor Co.
- Grandor Co. - Overview
- Grandor Co. - Product / Service
- Grandor Co. - Key offerings
12.8 King Kesariya
- King Kesariya - Overview
- King Kesariya - Product / Service
- King Kesariya - Key offerings
12.9 La Casa de los Aromas S.L.
- La Casa de los Aromas S.L. - Overview
- La Casa de los Aromas S.L. - Product / Service
- La Casa de los Aromas S.L. - Key offerings
12.10 Mehr Saffron
- Mehr Saffron - Overview
- Mehr Saffron - Product / Service
- Mehr Saffron - Key offerings
12.11 Organic Spices Inc.
- Organic Spices Inc. - Overview
- Organic Spices Inc. - Product / Service
- Organic Spices Inc. - Key offerings
12.12 Rowhani Saffron Co.
- Rowhani Saffron Co. - Overview
- Rowhani Saffron Co. - Product / Service
- Rowhani Saffron Co. - Key offerings
12.13 Rumi Spice
- Rumi Spice - Overview
- Rumi Spice - Product / Service
- Rumi Spice - Key offerings
12.14 Safrante Specialty Foods S.A.
- Safrante Specialty Foods S.A. - Overview
- Safrante Specialty Foods S.A. - Product / Service
- Safrante Specialty Foods S.A. - Key offerings
12.15 The Great American Spice Co.
- The Great American Spice Co. - Overview
- The Great American Spice Co. - Product / Service
- The Great American Spice Co. - Key offerings
12.16 Trond Saffron Qain Co.
- Trond Saffron Qain Co. - Overview
- Trond Saffron Qain Co. - Product / Service
- Trond Saffron Qain Co. - Key offerings
12.17 USMS Saffron Co. Inc.
- USMS Saffron Co. Inc. - Overview
- USMS Saffron Co. Inc. - Product / Service
- USMS Saffron Co. Inc. - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
13.3 Currency conversion rates for US$
- Currency conversion rates for US$
13.4 Research methodology
- Research methodology
13.5 Data procurement
- Information sources
13.6 Data validation
- Data validation
13.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
13.8 Data synthesis
- Data synthesis
13.9 360 degree market analysis
- 360 degree market analysis
13.10 List of abbreviations
- List of abbreviations