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Saffron Market Analysis By Application (Food, Medical, Cosmetics), By Region (North America, Europe, Asia Pacific, South & Central America, Middle East & Africa, And Segment Forecasts, 2014 - 2025

Saffron Market Analysis By Application (Food, Medical, Cosmetics), By Region (North America, Europe, Asia Pacific, South & Central America, Middle East & Africa, And Segment Forecasts, 2014 - 2025

The global saffron market is expected to reach USD 2.0 billion by 2025, according to a new report by Grand View Research, Inc. Rising product use in food applications as a flavoring and coloring agent will augment growth over the next nine years.

The product is being employed in medical applications to treat dry skin, cough, and asthma. Rising demand from the pharmaceutical sector on account of its antioxidant, anti-inflammatory, anti-tumor, and anti-diabetic properties is expected to have a positive impact on the industry. Growing popularity as an herbal health supplement is expected to propel product growth over the next nine years.

Rising product use in the treatment of acne, tan removal, and other skin related issues, is expected to fuel its need in the manufacturing of skin care products which in turn will fuel demand.

Increasing product use in textile and paint applications on account of properties such as oriental fragrance, natural color dyeing, and replacement of chemical color pigment respectively will propel industry development. Expansion of the perfume sector in Middle East & Africa and Asia Pacific is expected to propel product need over the next nine years.

The saffron market is a labor intensive sector along with specific agro-climatic condition requirements, which imply high production costs which in turn impact product prices. This factor may restrain industry development over the forecast period.

Further key findings from the report suggest

  • The market is expected to grow at a CAGR of 12.0% from 2016 to 2025 on account of increasing use in the food sector
  • Food as an application of the product will witness the fastest growth in terms of revenue at a CAGR of over 13% from 2016 to 2024 owing to its flavoring and coloring properties
  • Europe market is expected to witness significant development and was estimated at over USD 250 million in 2015 on account of rising demand from the food and healthcare sector
  • Key participants include Gohar, Rowhani., Iran Saffron Company, and Saffron Business Co.
  • Key companies are focused on increasing their global presence through the integration of supply chain.
  • In January 2017, Rowhani revised its product manufacturing schedule to implement mechanization and use scientific research to enhance product quality

  • Chapter 1. Methodology and Scope
    1.1 Research Methodology
    1.2 Research Scope & Assumptions
    1.3 List of Data Sources
    Chapter 2. Executive Summary
    2.1 Market snapstot
    Chapter 3. Saffron Industry Outlook
    3.1 Market segmentation& scope
    3.2 Penetration & growth prospect mapping
    3.3 Value chain analysis
    3.4 Regulatory Framework
    3.5 Market dynamics
    3.5.1 Market Driver Analysis
    3.5.2 Market Restraint Analysis
    3.6 Industry Analysis - Porter’s Five Forces Analysis
    3.7 PESTEL Analysis
    Chapter 4. Saffron Market: Application Estimates & Trend Analysis
    4.1 Application Movement Analysis & Market Share, 2015 & 2025
    4.2 Food
    4.2.1 Global saffron market in food estimates and forecasts, 2014 - 2025 (Tons) (USD Million)
    4.2.2 Global saffron market in food estimates and forecasts, by region, 2014 - 2025 (Tons) (USD Million)
    4.3 Medical
    4.3.1 Global saffron market in medical estimates and forecasts, 2014 - 2025 (Tons) (USD Million)
    4.3.2 Global saffron market in medical estimates and forecasts, by region, 2014 - 2025 (Tons) (USD Million)
    4.4 Cosmetics
    4.4.1 Global saffron market in cosmetics estimates and forecasts, 2014 - 2025 (Tons) (USD Million)
    4.4.2 Global saffron market in cosmetics market estimates and forecasts, by region, 2014 - 2025 (Tons) (USD Million)
    4.5 Others
    4.5.1 Global saffron market in others estimates and forecasts, 2014 - 2025 (Tons) (USD Million)
    4.5.2 Global saffron market in others estimates and forecasts, by region, 2014 - 2025 (Tons) (USD Million)
    Chapter 5. Saffron Market: Regional Estimates & Trend Analysis
    5.1 Regional Movement Analysis & Market Share, 2015 & 2024
    5.2 North America
    5.2.1 North America saffron market estimates and forecast, 2014 - 2025 (Tons) (USD Million)
    5.2.2 North America saffron market estimates and forecast, by application, 2014 - 2025 (Tons) (USD Million)
    5.2.3 U.S.
    5.2.3.1 U.S. saffron market estimates and forecast, 2014 - 2025 (Tons) (USD Million)
    5.2.3.2 U.S. saffron market estimates and forecast, by application, 2014 - 2025 (Tons) (USD Million)
    5.3 Europe
    5.3.1 Europe saffron market estimates and forecast, 2014 - 2025 (Tons) (USD Million)
    5.3.2 Europe saffron market estimates and forecast, by application, 2014 - 2025 (Tons) (USD Million)
    5.3.3 Italy
    5.3.3.1 Italy saffron market estimates and forecast, 2014 - 2025 (Tons) (Million)
    5.3.4 Spain
    5.3.4.1 Spain saffron market estimates and forecast, by application, 2014 - 2025 (Tons) (USD Million)
    5.4 Asia Pacific
    5.4.1 Asia Pacific saffron market estimates and forecast, 2014 - 2025 (Tons) (USD Million)
    5.4.2 Asia Pacific saffron market estimates and forecast, by application, 2014 - 2025 (Tons) (USD Million)
    5.4.3 China
    5.4.3.1 China saffron market estimates and forecast, 2014 - 2025 (Tons) (USD Million)
    5.4.4 India
    5.4.4.1 India saffron market estimates and forecast, 2014 - 2025 (Tons) (USD Million)
    5.5 South & Central America
    5.5.1 South & Central America saffron market estimates and forecast, 2014 - 2025 (Tons) (USD Million)
    5.5.2 South & Central America saffron market estimates and forecast, by application, 2014 - 2025 (Tons) (USD Million)
    5.5.3 Brazil
    5.5.3.1 Brazil saffron market estimates and forecast, 2014 - 2025 (Tons) (USD Million)
    5.6 Middle East & Africa
    5.6.1 Middle East & Africa saffron market estimates and forecast, 2014 - 2025 (Tons) (USD Million)
    5.6.2 Middle East &Africa saffron market estimates and forecast, by application, 2014 - 2025 (Tons) (USD Million)
    5.6.3 Iran
    5.6.3.1 Iran saffron market estimates and forecast, 2014 - 2025 (Tons) (USD Million)
    5.6.4 UAE
    5.6.4.1 UAE saffron market estimates and forecast, 2014 - 2025 (Tons) (USD Million)
    5.6.5 Saudi Arabia
    5.6.5.1 Saudi Arabia saffron market estimates and forecast, 2014 - 2025 (Tons) (USD Million)
    Chapter 6. Competitive Landscape
    6.1 Gohar Saffron
    6.1.1 Company Overview
    6.1.2 Financial Performance
    6.1.3 Product Benchmarking
    6.1.4 Strategic Initiatives
    6.2 Rowhani Saffron Co
    6.2.1 Company Overview
    6.2.2 Financial Performance
    6.2.3 Product Benchmarking
    6.2.4 Strategic Initiatives
    6.3 Iran Saffron Company
    6.3.1 Company Overview
    6.3.2 Financial Performance
    6.3.3 Product Benchmarking
    6.3.4 Strategic Initiatives
    6.4 Saffron Business Co.
    6.4.1 Company Overview
    6.4.2 Financial Performance
    6.4.3 Product Benchmarking
    6.4.4 Strategic Initiatives
    6.5 Tarvand saffron co
    6.5.1 Company Overview
    6.5.2 Financial Performance
    6.5.3 Product Benchmarking
    6.6 Esfedan trading company
    6.6.1 Company Overview
    6.6.2 Financial Performance
    6.6.3 Product Benchmarking
    6.6.4 Strategic Initiatives
    6.7 Safrante Global Company, S.L.U.
    6.7.1 Company Overview
    6.7.2 Financial Performance
    6.7.3 Product Benchmarking
    6.7.4 Strategic Initiatives
    6.8 Royal Saffron Company
    6.8.1 Company Overview
    6.8.2 Financial Performance
    6.8.3 Product Benchmarking
    6.8.4 Strategic Initiatives
    6.9 Flora Saffron
    6.9.1 Company Overview
    6.9.2 Financial Performance
    6.9.3 Product Benchmarking
    6.9.4 Strategic Initiatives
    6.10 Meher Saffron
    6.10.1 Company Overview
    6.10.2 Financial Performance
    6.10.3 Product Benchmarking
    6.10.4 Strategic Initiatives
    List of Tables
    TABLE 1 Vendor landscape
    TABLE 2 Market Summary
    TABLE 3 Global saffron market in food estimates and forecasts, 2014 - 2025 (Tons) (USD Million)
    TABLE 4 Global saffron market in food volume, by region, 2014 - 2025 (Tons)
    TABLE 5 Global saffron market in food revenue, by region, 2014 - 2025 (USD Million)
    TABLE 6 Global saffron market in medical estimates and forecasts, 2014 - 2025 (Tons) (USD Million)
    TABLE 7 Global saffron market in medical, volume, by region, 2014 - 2025 (Tons)
    TABLE 8 Global saffron market in medical revenue, by region, 2014 - 2025 (USD Million)
    TABLE 9 Global saffron market in medical estimates and forecasts, 2014 - 2025 (Tons) (USD Million)
    TABLE 10 Global saffron market in cosmetics market volume, by region, 2014 - 2025 (Tons)
    TABLE 11 Global saffron market in cosmetics revenue, by region, 2014 - 2025 (USD Million)
    TABLE 12 Global saffron market in cosmetics estimates and forecasts, 2014 - 2025 (Tons) (USD Million)
    TABLE 13 Global saffron market in others estimates and forecasts, 2014 - 2025 (USD Million)
    TABLE 14 Global saffron market in others,volume, by region, 2014 - 2025 (Tons)
    TABLE 15 Global saffron Market in others revenue, by region, 2014 - 2025 (USD Million)
    TABLE 16 North America saffron market estimates and forecast, 2014 - 2025 (Tons) (USD Million)
    TABLE 17 North America saffron market volume, by application, 2014 - 2025 (Tons)
    TABLE 18 North America saffron market revenue, by application, 2014 - 2025 (USD Million)
    TABLE 19 U.S. saffron market estimates and forecast, 2014 - 2025 (Tons) (USD Million)
    TABLE 20 U.S. saffron market volume, by application, 2014 - 2025 (Tons)
    TABLE 21 U.S. saffron market revenue, by application, 2014 - 2025 (USD Million)
    TABLE 22 Europe saffron market estimates and forecast, 2014 - 2025 (Tons) (USD Million)
    TABLE 23 Europe saffron market volume, by application, 2014 - 2025 (Tons)
    TABLE 24 Europe saffron market revenue, by application, 2014 - 2025 (USD Million)
    TABLE 25 Italy saffron market estimates and forecast, 2014 - 2025 (Tons) (USD Million)
    TABLE 26 Italy saffron market volume, by application, 2014 - 2025 (Tons)
    TABLE 27 Italy saffron market revenue, by application, 2014 - 2025 (USD Million)
    TABLE 28 Spain saffron market estimates and forecast, 2014 - 2025 (Tons) (USD Million)
    TABLE 29 Spain saffron market volume, by application, 2014 - 2025 (Tons)
    TABLE 30 Spain saffron market revenue, by application, 2014 - 2025 (USD Million)
    TABLE 31 Asia Pacific saffron market estimates and forecast, 2014 - 2025 (Tons) (USD Million)
    TABLE 32 Asia Pacific saffron market volume, by application, 2014 - 2025 (Tons)
    TABLE 33 Asia Pacific saffron market revenue, by application, 2014 - 2025 (USD Million)
    TABLE 34 China saffron market estimates and forecast, 2014 - 2025 (Tons) (USD Million)
    TABLE 35 China saffron market volume, by application, 2014 - 2025 (Tons)
    TABLE 36 China saffron market revenue, by application, 2014 - 2025 (USD Million)
    TABLE 37 India saffron market estimates and forecast, 2014 - 2025 (Tons) (USD Million)
    TABLE 38 India saffron market volume, by application, 2014 - 2025 (Tons)
    TABLE 39 India saffron market revenue, by application, 2014 - 2025 (USD Million)
    TABLE 40 South & Central America saffron market estimates and forecast, 2014 - 2025 (Tons) (USD Million)
    TABLE 41 South & Central Americas saffronmarket volume, by application, 2014 - 2025 (Tons)
    TABLE 42 South & Central America saffron market revenue, by application, 2014 - 2025 (USD Million)
    TABLE 43 Brazil saffron market estimates and forecast, 2014 - 2025 (Tons) (USD Million)
    TABLE 44 Brazil saffron market volume, by application, 2014 - 2025 (Tons)
    TABLE 45 Brazil saffron market revenue, by application, 2014 - 2025 (USD Million)
    TABLE 46 Middle East &Africa saffron market estimates and forecast, 2014 - 2025 (Tons) (USD Million)
    TABLE 47 Middle East & Africa saffron market volume, by application, 2014 - 2025 (Tons)
    TABLE 48 Middle East & Africa saffron market revenue, by application, 2014 - 2025 (USD Million)
    TABLE 49 Iran saffron market estimates and forecast, 2014 - 2025 (Tons) (USD Million)
    TABLE 50 Iran saffron market volume, by application, 2014 - 2025 (Tons)
    TABLE 51 Iran saffron market revenue, by application, 2014 - 2025 (USD Million)
    TABLE 52 UAE saffron market estimates and forecast, 2014 - 2025 (Tons) (USD Million)
    TABLE 53 UAE saffron market volume, by application, 2014 - 2025 (Tons)
    TABLE 54 UAE saffron market revenue, by application, 2014 - 2025 (USD Million)
    TABLE 55 Saudi Arabia saffron market estimates and forecast, 2014 - 2025 (Tons) (USD Million)
    TABLE 56 Saudi Arabia saffron market volume, by application, 2014 - 2025 (Tons)
    TABLE 57 Saudi Arabia saffron market revenue, by application, 2014 - 2025 (USD Million)
    List of Figures
    FIG. 1 Market summary
    FIG. 2 Market segmentation & scope
    FIG. 3 Global saffron market estimates and forecast, 2014 - 2025, (Tons) (USD Million)
    FIG. 4 Saffronmarket value chain analysis
    FIG. 5 Saffron market dynamics
    FIG. 6 Market driver relevance analysis (Current & future impact)
    FIG. 7 Application Sector Spending Trend, USD Million
    FIG. 8 Key Market Opportunity Penetration & growth prospect mapping
    FIG. 9 Porter’s Five Forces Analysis
    FIG. 10 PESTEL Analysis
    FIG. 11 Saffron market application outlook: Key takeaways
    FIG. 12 Saffron market: Application movement analysis, 2015 and 2025
    FIG. 13 Regional market place: Key takeaways
    FIG. 14 Regional outlook, 2015 & 2025

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