
Global and United States Saffron Extracts Market Report & Forecast 2023-2029
Saffron Extracts Market by End User (Office Building Construction, Retail Construction, Hospitality Construction, Institutional Construction, Other End Users), by North America (United States, Canada, Mexico), by South America (Brazil, Argentina, Rest of South America), by Europe (United Kingdom, Germany, France, Italy, Spain, Russia, Benelux, Nordics, Rest of Europe), by Middle East & Africa (Turkey, Israel, GCC, North Africa, South Africa, Rest of Middle East & Africa), by Asia Pacific (China, India, Japan, South Korea, ASEAN, Oceania, Rest of Asia Pacific) Forecast - is a comprehensive report that provides insights into the market dynamics, including the key drivers, challenges, and opportunities shaping the industry landscape. It also delves into the competitive landscape, highlighting the major players and their strategies.
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The research time span covered by the report is from 2018 to 2029; it provides an overview of the Global Saffron Extracts Market and also provides a deeper in-depth segmentation of the market by regions, product type and downstream industries.
The global Saffron Extracts market size in 2022 is XX million US dollars, and it is expected to be 920.0 million US dollars by 2029, with a compound annual growth rate of 7.90% expected in 2023-2029.
Competitive Landscape Analysis:
The main players in the Saffron Extracts market include Gohar Saffron (Iran), SURFIRAN (Iran), Safrante Global Company (Spain), Evolva (Switzerland), and Rowhani Saffron Co. (Iran). The share of the top 3 players in the Saffron Extracts market is XX%.
REGION SHARE:
The report covers the market size information of North America, Europe, Asia Pacific, Latin America, Middle East and Africa, and North America accounted for XX%, Europe accounted for XX% of Saffron Extracts market, and Asia Pacific accounted for XX%.
Segmental Analysis
The report segments the market by Type and Application. Thread accounted for XX% of Saffron Extracts market in 2022. Liquid share of XX%.
Food Additives accounted for XX% of the Saffron Extracts market in 2022. Medical and Pharmaceuticals accounts for XX%.
For competitive landscape, prominent players with considerable market shares are comprehensively analyzed in this report. With information regarding the concentration ratio and detailed data reflecting the market performance of each player shared, the readers can acquire a holistic view of the competitive situation and a better understanding of their competitors.
As the COVID-19 takes over the world, we are continuously tracking the changes in the markets. We analyzed the impact of the pandemic in detail, along with other key factors, such as macro-economy, regional conflicts, industry related news and policies. Meanwhile, market investment scenario, technology status and developments, supply chain challenges, among other essential research elements are all covered.
Key Factors Considered:
COVID-19
The report describes the market scenario during and post the pandemic in the vision of upstream, major market participants, downstream major customers, etc. Other aspects, such as changes in consumer behavior, demand, transport capacity, trade flow under COVID-19, have also been taken into consideration during the process of the research.
Regional Conflict / Russia-Ukraine War
The report also presents the impact of regional conflict on this market in an effort to aid the readers to understand how the market has been adversely influenced and how it's going to evolve in the years to come.
Challenges & Opportunities
Factors that may help create opportunities and boost profits for market players, as well as challenges that may restrain or even pose a threat to the development of the players, are revealed in the report, which can shed a light on strategic decisions and implementation.
With the development of the economy, the improvement of residents' consumption level and the upgrade of consumption structure, the food and beverage industry as a whole has shown a good growth trend. In the future, the production capacity will continue to expand, and the industrial structure will be further improved and optimized.
E-Commerce Growth: The growth of e-commerce has significantly impacted the food and beverage industry. Online grocery shopping and food delivery services have witnessed tremendous growth, especially during the COVID-19 pandemic. Companies have been investing in online platforms and expanding their digital presence to cater to changing consumer preferences.
Clean label and transparency: Consumers are increasingly seeking transparency in food products. Clean label initiatives emphasize the use of natural ingredients, removal of artificial additives, and clear and accurate labeling to provide consumers with more information about the food they consume.
Segmental Analysis
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Asia Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Latin America
Brazil
Argentina
Mexico
MEA
Saudi Arabia
UAE
Turkey
Some of the Top Market Players Covered Are:
Gohar Saffron (Iran)
SURFIRAN (Iran)
Safrante Global Company (Spain)
Evolva (Switzerland)
Rowhani Saffron Co. (Iran)
Hijos de Eustaquio Abad & Co. SL (Spain)
Tarvand Saffron Co. (Iran)
Baby Brand Saffron (India)
Royal Saffron Company (India)
Saharkhiz International Group Inc. (Canada)
Novin Saffron (Iran)
Azafranes Machegos SL. (Spain)
Market outlook by product/service type:
Thread
Liquid
Powder
Market outlook by Application :
Food Additives
Medical and Pharmaceuticals
Dietary Supplements
Fragrance and Aromatherapy
Cosmetics and Skin Care
Others
Table of Content
1 Study Coverage
1.1 Saffron Extracts Product Introduction
1.2 Global Saffron Extracts Outlook 2018 VS 2023 VS 2029
1.3 United States Saffron Extracts Outlook 2018 VS 2023 VS 2029
1.4 Saffron Extracts Market Size, United States VS Global, 2018-2029
1.4.1 The Market Share of United States Saffron Extracts in Global, 2018-2029
1.4.2 The Growth Rate of Saffron Extracts Market Size, United States VS Global, 2018 VS 2023 VS 2029
1.5 Saffron Extracts Market Dynamics
1.5.1 Saffron Extracts Market Trends
1.5.2 Saffron Extracts Market Drivers
1.5.3 Saffron Extracts Market Challenges
1.5.4 Saffron Extracts Market Restraints
1.6 Study Objectives
1.7 Years Considered
1.8 Coronavirus Disease (COVID-19) Impact on Global
2 Global Saffron Extracts Competitor Landscape by Company
2.1 Global Saffron Extracts Market Size by Company
2.1.1 Top Global Saffron Extracts Player Ranked by Revenue (2023)
2.1.2 Global Saffron Extracts Revenue by Player (2018-2023)
2.2 Global Saffron Extracts Concentration Ratio (CR)
2.2.1 Saffron Extracts Market Concentration Ratio (CR) (2018-2023)
2.2.2 Global Top 3 and Top 6 Largest Players of Saffron Extracts in 2023
2.3 Global Saffron Extracts Business Distribution, Business Type
2.3.1 Global Saffron Extracts Players, Headquarters and Distribution
2.3.2 Players Saffron Extracts Business Type
2.3.3 Date of International Players Enter into Saffron Extracts Market
2.4 Players Mergers & Acquisitions, Expansion Plans
2.5 United States Saffron Extracts Market Size by Company
2.5.1 Top United States Saffron Extracts Player s Ranked by Revenue (2023)
2.5.2 United States Saffron Extracts Revenue by Player (2018-2023)
3 Saffron Extracts Market Segment by Type
3.1 Saffron Extracts Market Segment by Type
3.2 Global Saffron Extracts Market Size by Type
3.3 United States Saffron Extracts Market Size by Type
4 Saffron Extracts Market Segment by Application
4.1 Saffron Extracts Market Segment by Application
4.2 Global Saffron Extracts Market Size by Application
4.3 United States Saffron Extracts Market Size by Application
5 Global Saffron Extracts Market Size by Region
5.1 Global Saffron Extracts Market Size by Region: 2018 VS 2023 VS 2029
5.2 Global Saffron Extracts Market Size in Value by Region (2018-2029)
5.2.1 Global Saffron Extracts Revenue by Region: 2018-2023
5.2.2 Global Saffron Extracts Revenue by Region: 2023-2029
5.3 Global Saffron Extracts Market Size in Volume by Region (2018-2029)
5.3.1 Global Saffron Extracts Volume by Region: 2018-2023
5.3.2 Global Saffron Extracts Volume by Region: 2023-2029
6 Segment in Regional Level & Country Level
6.1 North America
6.1.1 North America Saffron Extracts Market Size YoY Growth 2018-2029
6.1.2 North America Saffron Extracts Market Facts & Figures by Country (2018-2029)
6.1.3 U.S.
6.1.4 Canada
6.2 Asia Pacific
6.2.1 Asia Pacific Saffron Extracts Market Size YoY Growth 2018-2029
6.2.2 Asia Pacific Saffron Extracts Market Facts & Figures by Country (2018-2029)
6.2.3 China
6.2.4 Japan
6.2.5 South Korea
6.2.6 India
6.2.7 Australia
6.2.8 Southeast Asia
6.3 Europe
6.3.1 Europe Saffron Extracts Market Size YoY Growth 2018-2029
6.3.2 Europe Saffron Extracts Market Facts & Figures by Country (2018-2029)
6.3.3 Germany
6.3.4 France
6.3.5 UK
6.3.6 Italy
6.3.7 Russia
6.4 Latin America
6.4.1 Latin America Saffron Extracts Market Size YoY Growth 2018-2029
6.4.2 Latin America Saffron Extracts Market Facts & Figures by Country (2018-2029)
6.4.3 Mexico
6.4.4 Brazil
6.4.5 Argentina
6.5 Middle East and Africa
6.5.1 Middle East and Africa Saffron Extracts Market Size YoY Growth 2018-2029
6.5.2 Middle East and Africa Saffron Extracts Market Facts & Figures by Country (2018-2029)
6.5.3 Turkey
6.5.4 Saudi Arabia
6.5.5 UAE
7 Company Profiles
7.1 Gohar Saffron (Iran)
7.1.1 Gohar Saffron (Iran) Company Details
7.1.2 Description and Business Overview
7.1.3 Saffron Extracts Introduction
7.1.4 Gohar Saffron (Iran) Saffron Extracts Revenue, Sales, and Gross Margin (2018-2023)
7.1.5 Gohar Saffron (Iran) Recent Development
7.2 SURFIRAN (Iran)
7.2.1 SURFIRAN (Iran) Company Details
7.2.2 Description and Business Overview
7.2.3 Saffron Extracts Introduction
7.2.4 SURFIRAN (Iran) Saffron Extracts Revenue, Sales, and Gross Margin (2018-2023)
7.2.5 SURFIRAN (Iran) Recent Development
7.3 Safrante Global Company (Spain)
7.3.1 Safrante Global Company (Spain) Company Details
7.3.2 Description and Business Overview
7.3.3 Saffron Extracts Introduction
7.3.4 Safrante Global Company (Spain) Saffron Extracts Revenue, Sales, and Gross Margin (2018-2023)
7.3.5 Safrante Global Company (Spain) Recent Development
7.4 Evolva (Switzerland)
7.4.1 Evolva (Switzerland) Company Details
7.4.2 Description and Business Overview
7.4.3 Saffron Extracts Introduction
7.4.4 Evolva (Switzerland) Saffron Extracts Revenue, Sales, and Gross Margin (2018-2023)
7.4.5 Evolva (Switzerland) Recent Development
7.5 Rowhani Saffron Co. (Iran)
7.5.1 Rowhani Saffron Co. (Iran) Company Details
7.5.2 Description and Business Overview
7.5.3 Saffron Extracts Introduction
7.5.4 Rowhani Saffron Co. (Iran) Saffron Extracts Revenue, Sales, and Gross Margin (2018-2023)
7.5.5 Rowhani Saffron Co. (Iran) Recent Development
7.6 Hijos de Eustaquio Abad & Co. SL (Spain)
7.6.1 Hijos de Eustaquio Abad & Co. SL (Spain) Company Details
7.6.2 Description and Business Overview
7.6.3 Saffron Extracts Introduction
7.6.4 Hijos de Eustaquio Abad & Co. SL (Spain) Saffron Extracts Revenue, Sales, and Gross Margin (2018-2023)
7.6.5 Hijos de Eustaquio Abad & Co. SL (Spain) Recent Development
7.7 Tarvand Saffron Co. (Iran)
7.7.1 Tarvand Saffron Co. (Iran) Company Details
7.7.2 Description and Business Overview
7.7.3 Saffron Extracts Introduction
7.7.4 Tarvand Saffron Co. (Iran) Saffron Extracts Revenue, Sales, and Gross Margin (2018-2023)
7.7.5 Tarvand Saffron Co. (Iran) Recent Development
7.8 Baby Brand Saffron (India)
7.8.1 Baby Brand Saffron (India) Company Details
7.8.2 Description and Business Overview
7.8.3 Saffron Extracts Introduction
7.8.4 Baby Brand Saffron (India) Saffron Extracts Revenue, Sales, and Gross Margin (2018-2023)
7.8.5 Baby Brand Saffron (India) Recent Development
7.9 Royal Saffron Company (India)
7.9.1 Royal Saffron Company (India) Company Details
7.9.2 Description and Business Overview
7.9.3 Saffron Extracts Introduction
7.9.4 Royal Saffron Company (India) Saffron Extracts Revenue, Sales, and Gross Margin (2018-2023)
7.9.5 Royal Saffron Company (India) Recent Development
7.10 Saharkhiz International Group Inc. (Canada)
7.10.1 Saharkhiz International Group Inc. (Canada) Company Details
7.10.2 Description and Business Overview
7.10.3 Saffron Extracts Introduction
7.10.4 Saharkhiz International Group Inc. (Canada) Saffron Extracts Revenue, Sales, and Gross Margin (2018-2023)
7.10.5 Saharkhiz International Group Inc. (Canada) Recent Development
7.11 Novin Saffron (Iran)
7.11.1 Novin Saffron (Iran) Company Details
7.11.2 Description and Business Overview
7.11.3 Saffron Extracts Introduction
7.11.4 Novin Saffron (Iran) Saffron Extracts Revenue, Sales, and Gross Margin (2018-2023)
7.11.5 Novin Saffron (Iran) Recent Development
7.12 Azafranes Machegos SL. (Spain)
7.12.1 Azafranes Machegos SL. (Spain) Company Details
7.12.2 Description and Business Overview
7.12.3 Saffron Extracts Introduction
7.12.4 Azafranes Machegos SL. (Spain) Saffron Extracts Revenue, Sales, and Gross Margin (2018-2023)
7.12.5 Azafranes Machegos SL. (Spain) Recent Development
8 Industry Chain and Sales Channels Analysis
8.1 Saffron Extracts Value Chain Analysis
8.2 Saffron Extracts Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Distributors List
8.3 Saffron Extracts Production Mode & Process
8.4 Saffron Extracts Sales and Marketing
8.4.1 Magnetic Coupled Mixers Sales Channels
8.4.2 Magnetic Coupled Mixers Distributors
8.5 Magnetic Coupled Mixers Customers
9 Research Findings and Conclusion
10 Methodology and Data Source
10.1 A Methodology
10.1.1 Research Process
10.1.2 Market Size Estimation
10.1.3 Market Breakdown and Data Triangulation
10.2 B Data Source
10.2.1 Legal Disclaimer
Research Methodology:
Saffron Extracts Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Qualitative Analysis |
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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