Saffron Market
Updated Date : 19 January 2026   |   Report Code : 6004

Saffron Market Size, Growth, and Trends 2025 to 2035

The global saffron market size is forecasted to expand from USD 520.80 million in 2026 to reach USD 1,036.76 million by 2035, growing at a CAGR of 7.95% during the forecast period from 2026 to 2035. This market is driven by rising demand for natural spices and premium flavoring agents in culinary applications. The increasing consumer preference for clean-label, organic, and plant-based ingredients is fueling market expansion.

Last Updated: 19 January 2026 Category: Food & Beverages Ingredients Insight Code: 6004 Format: PDF / PPT / Excel

Saffron Market Size 2025 to 2035

The global saffron market size reached at USD 482.45 million in 2025 and is anticipated to increase from USD 520.80 million in 2026 to an estimated USD 1,036.76 million by 2035, witnessing a CAGR of 7.95% during the forecast period from 2026 to 2035. Rising health consciousness and strong cultural demand for traditional cuisine are significantly driving the market.

Saffron Market Size 2025 to 2035

Key Highlights

  • By region, Asia Pacific dominated the global saffron market with the largest share with 42% in 2025.
  • By region, the Middle East and Africa are expected to grow at a fastest CAGR from 2026 to 2035.
  • By grade, the grade I (above 190) segment held the major market share in 2025.
  • By grade, the grade II (150-190) segment is projected to grow at a CAGR between 2026 and 2035.
  • By type, the traditional segment contributed the biggest market share in 2025.
  • By type, the organic segment is expanding at a significant CAGR between 2026 and 2035.
  • By form, the stigma segment dominated the saffron market in 2025.
  • By form, the liquid segment is expected to grow at a significant CAGR over the projected period.
  • By product, the food and beverages segment held the largest market share in 2025.
  • By product, the cosmetics segment is expanding at a significant CAGR between 2026 and 2035.
  • By distribution channel, the B2B segment held the largest market share in 2025.
  • By distribution channel, the B2C segment is expected to grow at a CAGR between 2026 and 2035.

Saffron Industry Coverage

Study Coverage Details
Growth Rate from 2026 to 2035 CAGR of 7.95%
Market Size in 2026 USD 520.80 Million
Market Size in 2027 USD 562.21 Million
Market Size by 2035 USD 1,036.76 Million
Largest Market Asia Pacific
Base Year 2025
Forecast Period 2026 to 2035
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

Market Overview

Saffron, considered one of the priciest spices globally, has captivated people for hundreds of years. In recent times, the need for saffron has increased significantly, resulting in a growing curiosity about its market price. As research continues into these health advantages, saffron's function in the wellness industry might enhance its increasing value. Consumers are growing increasingly aware of health, and purchasing saffron can be viewed as a commitment to lasting wellness. The worldwide demand for saffron is set to experience substantial expansion, fueled by technological advancements, shifting consumer trends, and a resurgence in the appreciation for traditional botanicals.

  • The utilization of saffron is increasingly popular in functional meals, beverages, supplements, and wellness products, largely due to its potential health benefits. This trend highlights saffron's evolution from traditional culinary uses to becoming a sought-after ingredient for health-conscious consumers.
  • Incorporating saffron into teas aligns with wellness trends, while its role in cosmetics and perfumes showcases its aromatic and cosmetic properties. Additionally, its use in textiles suggests potential applications for coloration or unique fabric qualities.
  • Consumers are placing greater importance on saffron production methods that ensure environmental and social responsibility, emphasizing a desire for ethical and sustainable sourcing techniques. This trend indicates that consumers not only seek high-quality saffron products but also those that align with eco-friendly practices.

Key Technological Shift in the Saffron Market 

Innovative agri-tech companies are now utilizing advanced technologies to bring saffron production indoors. This shift aims to address the limitations of traditional farming, allowing for year-round harvests, improved yields, and consistent quality. The integration of AI into saffron cultivation represents a revolutionary approach, enhancing productivity, reducing labor demands, and laying the groundwork for long-term sustainability. AI analytics can predict optimal flowering periods based on real-time climatic and phenological models, helping farmers manage labor effectively, minimize stigma loss, and maximize harvest quality.

Trade Analysis of the Saffron Market: Export Statistics 

  • Between May 2024 and April 2025, Iran exported 95 shipments of saffron, facilitated by 51 exporters to 54 buyers. This reflects a growth rate of 9% compared to the previous twelve months. 
  • In 2024, Spain exported €54 million worth of saffron, ranking it as the 1,020th most exported product out of 5,401.
  • The main destinations for Spain's saffron exports included the United States (€9.3 million), Sweden (€6.37 million), Italy (€6.33 million), France (€4.76 million), and United Arab Emirates (€3.66 million).

Saffron Market Regional Insights 

How did Asia Pacific Dominate the Saffron Market in 2025?

Asia Pacific dominated the saffron market in 2025. Saffron threads are widely used in the food industry, serving as a spice, herb, and flavoring agent. Saffron is a premium alternative to synthetic additives, offering nutritional benefits and contributing positively to market growth. It is preferred over artificial ingredients as a natural colorant and flavoring agent and is featured in various recipes across diverse cuisines worldwide.

Asia Pacific Saffron Market Size 2025 to 2035

The Asia Pacific saffron market size estimated at USD 202.63 million in 2025 and is predicted to increase from USD 218.74 million in 2026 to nearly reaching USD 440.62 million by 2035, growing at a CAGR of 8.08% during the forecast period from 2026 to 2035.

Asia Pacific Saffron Market Size 2025 to 2035

India Saffron Market Trends

The growing popularity of traditional Indian cuisine, the increasing demand for saffron as an essential ingredient, the rising incorporation of saffron in beauty and cosmetics products, and the demand for ethically sourced saffron are key factors driving the market. Its cultivation in India mainly occurs in Himachal Pradesh and Jammu and Kashmir, with some farmers successfully growing saffron in Uttarakhand. As India’s agritech sector advances towards innovations such as hydroponic and aeroponic saffron farming are reshaping possibilities, enhancing quality, and making saffron cultivation more sustainable and profitable than ever. Approximately 90% of India's saffron production comes from Kashmir, where it has been cultivated for centuries.

The Middle East and Africa Saffron Market Trends

Middle East and Africa expects the fastest growth in the market during the forecast period. In the Middle East, saffron has traditionally been used to create an oil-based perfume, a mixture of saffron and sandalwood known as Zafran Attar. Iran is the leading producer of saffron globally, holding 85-90% of the global supply, and is known as a benchmark setter for quality standards. A staple in Middle Eastern cuisines, saffron imparts a vibrant color to various dishes and is a key ingredient in recipes like paella and biryani. Furthermore, the expansion of the pharmaceutical and cosmetic industries has heightened saffron's demand, as it is increasingly included in skincare and wellness products. To differentiate in the market, saffron growers in the Middle East and Africa are pursuing ISO 3632 standards, Geographical Indication certifications, and blockchain-enabled traceability.

Saffron Market Share, By Region, 2025 (%)

South Africa Saffron Market Trends

The market in South Africa is driven by the increasing adoption of saffron in premium food applications, a growing awareness of its medicinal properties, and the country’s unique position as the single commercial producer of saffron in sub-Saharan Africa. The expansion of retail channels is significantly contributing to the growth of the market in South Africa. South Africa is emerging as a notable participant in the cultivation and exportation of saffron, recognized as the world's most expensive spice. This development presents a crucial opportunity for the South African economy, providing a substantial source of foreign income through exports. 

  • For example, in 2023, South Africa exported saffron to various destinations, including Canada ($23.42K for 5 kg), Saint Helena ($22.22K for 8,453 kg), Botswana ($17.52K for 4,162 kg), Namibia ($1.70K), and Zimbabwe ($1.66K for 484 kg).

North America Saffron Market Trends

North American market is experiencing a significant shift toward natural, plant-based, and functional ingredients in the food and wellness sectors. Consumers are becoming increasingly informed about the scientifically validated benefits of saffron, which include anti-oxidative properties, anti-inflammatory effects, and mood enhancement. This has led to its recognition as a premium ingredient in health products, herbal supplements, and clean-label food items.

U.S. Saffron Market Trends

Key drivers of the U.S. Saffron market include the escalating demand for natural and organic products among health-conscious consumers, the increasing culinary use of saffron, and ongoing food technological advancements in saffron cultivation and harvesting. The U.S. imports over 46 tons of saffron annually, with a expected annual growth rate of 5-12%. Recent research conducted in the United States indicates that saffron cultivation has the potential to generate over $100,000 per acre. (Source: AGC News)

Saffron Market Segmental Insights

Grade Insight 

Which Grade Segment Dominated the Saffron Market in 2025?

The Grade I (above 190) segment led the market in 2025, as this category signifies a notable increase in potency. Grade I saffron, which often requires only a few threads to achieve the same effects as a larger quantity of lower-grade saffron, is ideal for gourmet culinary applications, high-end confectionery, and medicinal purposes where quality is paramount. The Pampore Kashmiri Kesar is a prominent variety within this grade, distinguished by its high crocin concentration and rich aroma.

The Grade II (ISO 150-190) Saffron Segment is Anticipated to Exhibit the Fastest Growth During the Forecast Period.

This grade is suitable for regular culinary use, particularly in restaurants and households where quality must be balanced with cost. Varieties such as the Kishtwar Gucchi Kesar, often sold as whole bunches, can be classified in this category; their structure helps retain natural oils and fragrances, thus making them popular in traditional culinary preparations.

Type Insights 

Why did the Traditional Segment Dominate the Saffron Market in 2025?

The traditional segment held the largest market share in 2025. Consumers favor traditional saffron for its unique taste, aroma, and color, making it a valuable ingredient in cooking, cosmetics, and traditional medicine. As demand rises across the food, pharmaceutical, and cosmetic industries, traditional saffron provides a practical combination of quality, affordability, and export readiness, thereby solidifying its role as the cornerstone of the saffron economy. 

The Organic Segment is Projected to Experience Notable Growth During the Forecast Period.

As consumer demand for premium, natural, and functional ingredients escalates globally. Organic saffron, which is meticulously hand-picked and naturally processed to maintain its quality and medicinal attributes, is free from synthetic additives, making it a premium and safe spice for culinary and wellness applications.

Type Insights 

How did Stigma Segment Dominate the Saffron Market in 2025?

The stigma segment dominated the saffron market with the largest share in 2025. Saffron stigmas contain over 150 volatile, non-volatile, and aromatic compounds, including carotenoids, flavonoids, vitamins such as riboflavin and thiamine, anthocyanins, amino acids, and proteins. The stigmas are characterized by four primary biologically active constituents: Safranal, picrocrocin, crocetin, and crocins. Consequently, the stigma form remains the most valued segment in the market.

The Liquid Form is Anticipated to Experience the Fastest Growth During the Forecast Period.

Liquid extracts facilitate seamless integration into beverages, syrups, and cosmetics, where consistent dosing and color dispersion are essential. The increasing demand for saffron in functional food, tea, and supplements supports the preference for liquid formats due to their ease of incorporation.

Product Insights 

Which Product Segment Dominated the Saffron Market in 2025?

The food and beverages segment held the largest share of the market in 2025. Saffron is highly valued in cooking due to its unique flavor and vivid color. The demand for saffron has surged alongside the growing preference for organic and high-quality food products. Breweries are now incorporating saffron into their brews to create distinctive products that stand out from traditional beers. It is commonly used in dishes like risottos, paellas, curries, and baked goods, where its deep red color provides a striking visual contrast against other ingredients. Saffron is particularly popular in Mediterranean, Middle Eastern, and South Asian cuisines.

The Cosmetics Segment is Expected to Experience the Fastest Growth During the Forecast Period.

As saffron possesses excellent antioxidants properties, making it a preferred ingredient. In addition to this, saffron is widely used in beauty products for its numerous skin and body benefits. The growing demand for safe and natural brands is driving this trend, as consumers increasingly seek out medicinal herb and spice extracts.

Distribution Channel Insights

Which Distribution Channel Dominated the Saffron Market in 2025?

The B2B segment dominated the market in 2025, largely due to high-volume purchases by industries such as packaged food, beverages, pharmaceuticals, and cosmetics, all of which require bulk saffron for their processing and formulation needs. Long-term contracts and direct sourcing from farms or cooperatives contribute to the B2B segment’s dominance.

The B2C Segment is Expected to Grow Significantly During the Forecast Period.

Because transitioning to an online B2C strategy allows brands to expand their reach. B2C e-commerce offers a global platform, enabling even small businesses to sell directly to customers worldwide. Enhanced logistics support, including shipping assistance and 24/7 customer service, can save time and cut costs. A strong online platform ensures that saffron sales are smooth and reliable.

Recent Developments in the Saffron Market

  • Launch: In October 2024, Saudi Arabia launched an ambitious initiative to become a leading saffron producer. The National Centre for Research and Development of Sustainable Agriculture introduced a comprehensive plan to cultivate saffron in the Kingdom. (Source: GULF News)
  • Launch: In December 2025, scientists from Iran and Kashmir launched a collaborative initiative aimed at revolutionizing saffron farming. This effort was marked by a visit from a high-level Iranian delegation to the Sher-e-Kashmir University of Agricultural Sciences and Technology of Kashmir (SKUAST-K) to exchange expertise. (Source: Brighter Kashmir)

Top Companies in the Saffron Market 

Segments Covered in the Report

By Grade

  • Grade I (above 190)
  • Grade II (150-190)
  • Grade III (110-149)
  • Grade IV (less than 110)

By Type

  • Organic
  • Traditional

By Form

  • Liquid
  • Powder
  • Stigma
  • Petals
  • Stamen

By Product

  • Food supplements
  • Cosmetics
  • Personal care products
  • Food & beverage
  • Others

By Distribution Channel

  • B2B
  • B2C

By Region

  • North America
  • Europe
  • Asia Pacific
  • MEA
  • Latin America
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  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

Meet the Team

Vidyesh Swar, Senior Research Analyst at Towards Food & Beverages, specializes in market research, focusing on supply-demand evaluation, pricing analysis, alternative proteins, plant-based foods, and sustainable food technologies within the industry.

Learn more about Vidyesh Swar

Aditi Shivarkar, with 14+ years in Food and Beverages market research, specializes in food, beverage, and eco-friendly packaging. She ensures accurate, actionable insights, driving Towards FnB's excellence in industry trends and sustainability.

Learn more about Aditi Shivarkar

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FAQ's

Answer : The global saffron market reached USD 482.45 million in 2025 and is projected to grow steadily to USD 1,036.76 million by 2035, reflecting a CAGR of 7.95% from 2026 to 2035. Growth is driven by rising health consciousness, increased demand in culinary, wellness, and cosmetic applications, and technological innovations in sustainable saffron cultivation.

Answer : Asia Pacific held the largest market share in 2025 due to strong culinary demand and traditional usage, while the Middle East & Africa is expected to record the fastest CAGR from 2026 to 2035. Factors include rising adoption in cosmetics, pharmaceuticals, and premium culinary applications, along with increasing export initiatives.

Answer : High-value Grade I saffron, premium organic segments, and liquid extracts offer strong margins in culinary, wellness, and cosmetic applications. Emerging regions like South Africa and the Middle East, along with technology-driven farming models, provide investors with opportunities in both cultivation and value-added processing.

Answer : The market is fragmented with high competition among regional producers and global exporters. Leading companies include Esfedan Saffron, Tarvand Saffron Ghaen, Gohar Saffron, Rowhani Saffron, Mehr Saffron, Florasaffron, and Royal Saffron, which focus on quality, certification, and technology-driven production to maintain market leadership.