Organic Saffron Market Size was valued at USD 0.32 Billion in 2023. The Organic Saffron market industry is projected to grow from USD 0.34 Billion in 2024 to USD 0.53 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 5.65% during the forecast period (2024 - 2032). Health and wellness trends, rising demand for premium food products, expanding culinary applications, ethical and sustainable sourcing, stringent regulations and quality standards, growing preference for natural colorants, export opportunities, promotional and marketing efforts, are the key market drivers enhancing the market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
The market for organic saffron has been expanding significantly as a result of trends in health and wellness. Consumer preferences have noticeably shifted in recent years in favor of healthier and more environmentally friendly food options. The demand for organic saffron has increased as a result of people's increased interest in natural and organic alternatives as they become more health conscious.
The market for organic saffron is being influenced by wellness and health trends as consumers become more aware of the possible health advantages of saffron use. Saffron's distinctive flavor, scent, and color are brought about by a number of bioactive substances, including crocin, safranal, and picrocrocin. Additionally, these substances have antioxidant qualities that might lessen the harm done to cells by free radicals and oxidative stress. Demand for saffron as a natural source of antioxidants has increased as antioxidants' possible significance in preventing chronic diseases continues to receive attention. Saffron has long been used in traditional medicine for a number of health benefits, including enhancing mood and easing the signs of depression and anxiety, thanks to its antioxidant characteristics. The saffron-derived chemical safranal has been investigated for its potential antidepressant properties. Consumers are looking to natural solutions as mental health difficulties become more common, and organic saffron has become a well-liked option in this regard.
The possible anti-inflammatory benefits of saffron are highly valued by the health-conscious customer base. Heart disease, diabetes, and arthritis are among the illnesses that are associated with chronic inflammation. According to certain studies, the bioactive components in saffron may help the body's inflammatory levels. Demand for saffron as a natural anti-inflammatory spice has increased as people look for ways to manage inflammation through their meals and enhance their general well-being. Furthermore, consumers are paying more attention to their food choices as the prevalence of lifestyle-related disorders like obesity and diabetes rises. Saffron is a low-calorie spice that has no fat or cholesterol, making it a desirable option for anyone trying to manage their blood sugar levels and maintain a healthy weight. The nutritional profile of organic saffron has helped to fuel market expansion as diabetes prevention and weight management continue to be major health concerns.
The desire for clean label and transparent food items has also increased as a result of trends in health and wellbeing. As consumers become more aware of the components in the foods they eat, their preference for organic and natural products free of artificial additives and chemicals is rising. Saffron grown organically, without synthetic pesticides and fertilizers, fits nicely with these clean-label requirements. Saffron is a desirable option for people who are concerned about their health because the organic certification guarantees that the product they buy is devoid of dangerous toxins. Trends in health and wellness have an impact on the food business as a whole as well as on specific consumers. To appeal to health-conscious customers, restaurants, food producers, and culinary experts are introducing organic saffron into their menus and product formulas. As saffron develops popularity as a premium and healthful component in a variety of food goods, this trend has further fueled market expansion. Thus, driving the Organic Saffron market revenue.
The Organic Saffron market segmentation, based on Product Type, includes Thread, Powder, and Liquid. The liquid segment dominated the market in 2022. Cooking meals can use saffron liquid. The use of liquid saffron in a dish has the advantage of evenly dispersing color, fragrance, and flavor.
The Organic Saffron market segmentation, based on distribution channel, includes Store Based, and Non-Store-Based. The non-store-based category generated the most income in 2022 due to a growing consumer preference for online purchasing and the expansion of the e-commerce sector.
Figure 1: Organic Saffron Market, by Distribution channel, 2022 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The Asia-Pacific Organic Saffron Market dominated this market in 2022 (45.80%). India is the biggest producer in the Asia Pacific, while China and India are the top two consumers. Saffron is one of the most treasured spices in these countries because of its historical importance in both food and medicinal. The Kashmiri saffron from India is famous for its particular color and flavor and is in high demand all over the world. The majority of its exports go to China, Australia, Japan, the United States, Germany, and a few South Asian countries. Moreover, China’s Organic Saffron market held the largest market share, and the Indian Organic Saffron market was the fastest growing market in the Asia-Pacific region.
Further, the major countries studied in the market report are The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: ORGANIC SAFFRON MARKET SHARE BY REGION 2022 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe Organic Saffron market accounts for the second-largest market share due to the volume of re-exports it engages in and the fact that some of its members have processing, packaging, and branding capabilities that give them a competitive advantage. These importers are continually looking for more premium goods because re-exports generate large value-added earnings. The increase in European re-exports is anticipated to increase Europe's market share in the economy. Further, the German Organic Saffron market held the largest market share, and the UK Organic Saffron market was the fastest growing market in the European region
The North America Organic Saffron Market is expected to grow at the fastest CAGR from 2023 to 2032. Consumers in North America are becoming more familiar with and appreciative of international cuisines and distinctive flavors. The demand for saffron in the area is fueled by its distinctive perfume, flavor, and vivid color, which make it a desirable ingredient for gourmet cookery. Further, the U.S. Organic Saffron market held the largest market share, and the Canada Organic Saffron market was the fastest growing market in the North America region.
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Organic Saffron market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Organic Saffron industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the Organic Saffron industry to benefit clients and increase the market sector. In recent years, the Organic Saffron industry has offered some of the most significant advantages to medicine. Major players in the Organic Saffron market, including Mehr Saffron (Iran), Rowhani Saffron Co.(Iran), Spicely Organics (US), Frontier Organic Products Coop. (Norway), Valdosta S.L. (Spain), Epicure Garden (US), Alpen Food Group B.V.(Netherlands), Tatva Health & Wellness Private Limited (India), Organic India Inc. (India), and Noor Brand Saffron (India) and others, are attempting to increase market demand by investing in research and development operations.
One of the largest manufacturers of premium saffron in the world is Mehr Saffron, which is situated in Iran. The business serves both internal and foreign markets by specializing in the cultivation, processing, and export of premium-grade saffron. Mehr Saffron, which was founded in 2011, has a long history and heritage in the cultivation of saffron, with centuries of knowledge being passed down through the family-run business. With their extensive knowledge of saffron farming, the company's founders and management team uphold the highest standards of quality and authenticity. The saffron fields of Mehr Saffron are ideally situated in Iran's well-known saffron-producing regions, like Khorasan province. Saffron with remarkable aroma, flavor, and color is grown in these areas thanks to the special climatic conditions and soil quality. United States headquarters in Baltimore, Maryland.
In 2003, Spicely Organics was established. A supplier of gluten-free and organic foods designed to nourish the body and provide wholesome meals. The business provides customers with hygienic and organic foods by using pure ingredients that are ethically acquired from all over the world and following sustainable and eco-friendly processes. It also offers certified fair trade, kosher, vegan, and gluten-free items. US headquarters.
| Report Attribute/Metric | Details |
| Market Size 2023 | USD 0.32 Billion |
| Market Size 2024 | USD 0.34 Billion |
| Market Size 2032 | USD 0.53 Billion |
| Compound Annual Growth Rate (CAGR) | 5.65% (2024-2032) |
| Base Year | 2023 |
| Market Forecast Period | 2024-2032 |
| Historical Data | 2018- 2022 |
| Market Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Product Type, Distribution Channel, and Region |
| Geographies Covered | North America, Europe, Asia Pacific, and the Rest of the World |
| Countries Covered | The U.S., Canada, German, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
| Key Companies Profiled | Mehr Saffron (Iran), Rowhani Saffron Co.(Iran), Spicely Organics (US), Frontier Organic Products Coop. (Norway), Valdosta S.L. (Spain), Epicure Garden (US), Alpen Food Group B.V.(Netherlands), Tatva Health & Wellness Private Limited (India), Organic India Inc. (India), and Noor Brand Saffron (India) |
| Key Market Opportunities | Rising demand for high-quality saffron |
| Key Market Dynamics | Organic saffron seeds are becoming more common, and the demand from the health and beauty sectors is rising. |
Organic Saffron Market Highlights:
Frequently Asked Questions (FAQ) :
The Organic Saffron market size was valued at USD 0.32 Billion in 2023.
The market is projected to grow at a CAGR of 5.65% during the forecast period, 2024-2032.
Asia-Pacific had the largest share in the market
The key players in the market are Mehr Saffron (Iran), Rowhani Saffron Co.(Iran), Spicely Organics (US), Frontier Organic Products Coop. (Norway), Valdosta S.L. (Spain), Epicure Garden (US), Alpen Food Group B.V.(Netherlands), Tatva Health & Wellness Private Limited (India), Organic India Inc. (India), and Noor Brand Saffron (India).
The liquid category dominated the market in 2022.
The non-store-based had the largest share in the market.
Leading companies partner with us for data-driven Insights.
Kindly complete the form below to receive a free sample of this Report
Senior Research Analyst I have a bachelor's degree in mechanical engineering and an mba. i have more than two years of expertise in the retail, food, and beverage, chemical, and material industries, and hence have developed a sound cross-domain expertise. a firm believer in lifelong learning and sharing of knowledge. having a proclivity for hatching ideas and trying to absorb as much information as possible in a short amount of time. introducing corporates to the data and insight, which enables them to move from probability to possibility, has been my key areas of interest.
Get in Touch
© 2024 Market Research Future ® (Part of WantStats Reasearch And Media Pvt. Ltd.)
