The global saffron extract market is primarily driven by the rising demand for saffron market, which reached a volume of 719.58 Tons in 2025. The saffron industry is likely to grow at a CAGR of 5.00% in the forecast period of 2026–2035, boosting the global saffron extract market to reach a volume of around 1172.12 Tons by 2035.
Base Year
Historical Period
Forecast Period
Compound Annual Growth Rate
5%
Value in Tons
2026-2035
*this image is indicative*
The consumption of saffron in traditional Asian cuisine has always been a constant factor for its high demand in the market. South Asia, which has large population centres and is known for using saffron as an important spice, can be seen as a lucrative region with a constant demand for saffron extract and high market share in this industry. The high demand combined with its high value per unit can be understood as a valuable proposition to invest in. Alternatively, it is expected to witness robust growth in the North American market because of the medicinal qualities of saffron.
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Saffron has been traditionally used as a spice in Asian cuisine to enhance the taste and aroma and to add colour to the dish, especially sweets and beverages. It is also known for its antioxidant, anti-depressant, and antiseptic properties. Saffron extract is used to treat asthma, kidney pain, dry skin, stomach pain, and whooping cough, along with other diseases. It is used in numerous pharmaceutical applications, along with the food industry. It has, therefore, been a highly valued spice across the world over the centuries.
The industry can be segmented on the basis of its nature into the following:
The saffron market can be segmented by form as follows:
The industry can be segmented on the basis of application:
The regional markets for saffron extract can be segmented into:
One of the key driving factors for saffron extract is the benefits it offers in the medicinal field. Its usage in treating a variety of diseases is making it a popular component in a lot of drugs. Since it is also seen as a weight-loss supplement, the demand for saffron extract is expected to grow despite high costs of saffron products, as more and more people become health-conscious. Increasing Asian expatriate populations in North America and Europe and rising disposable incomes because of which people are looking forward to try new cuisines, which will cause the demand for saffron extract to rise in such regions which traditionally have seen a low market share in this industry.
The report gives a detailed analysis of the following key players in the global saffron extract industry, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
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In 2025, the global saffron extract market attained a volume of 719.58 Tons.
The market is projected to grow at a CAGR of 5.00% between 2026 and 2035.
The industry is primarily being driven by the therapeutic properties of saffron extract,its use in the treatment of a wide range of disorders, rising disposable incomes, hectic lifestyles, increasing mental health issues, and immense popularity of saffron spice as a food colouring and flavouring agent.
The growing awareness about the medicinal properties and increasing number of health-conscious people are the key industry trends propelling the market's growth.
The major regions in the industry are North America, Latin America, Europe, Middle East and Africa, and Asia Pacific.
The industry can be segmented on the basis of its nature into organic and conventional.
Thread, liquid, and powder are the different forms of saffron extracts in the market.
The major applications in the industry are food and beverage, pharmaceuticals, cosmetics and personal care, dietary supplements, and aromatherapy and fragrance, among others.
The major players in the industry are Safrante Global Company S.L.U., Kancor Ingredients Limited, Green Plants Extracts (Comercial Química Massó, S.A.), NOVIN SAFFRON Company, and Azafranes Manchegos S.L, among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Nature |
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| Breakup by Form |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
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