South America Saffron Market to 2032
Overview
The South America Saffron Market is expected to reach a 46.26 USD Million by 2032 and is projected to grow at a CAGR of 8.40% from 2025 to 2032.
Revenue, 2024 (USD Million)
29.15
Forecast, 2032 (USD Million)
46.26
CAGR, 2024 - 2032
8.40%
Report Coverage
South America
South America Saffron Market 2018-2032 USD Million
South America Saffron Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 29.15 USD Million
- Projected Market Size (2032): 46.26 USD Million
- CAGR (2025-2032): 8.40%
Key Findings of South America Saffron Market
- The South America Saffron Market was valued at 29.15 USD Million in 2024.
- The South America Saffron Market is likely to grow at a CAGR of 8.40% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Liquid in Form Segment accounted for the largest share of the market with a revenue of 29.15 USD Million
- The fastest growing segment Sargol Saffron in Type Segment grew Fastest with a CAGR of 8.92% during the forecast period from 2024 to 2032.
South America Saffron Market Scope
South America Saffron Market Segmentation & Scope
Form
- Liquid
- Stigma
- Petals
- Powder
Origin
- Others
- Morocco
- Greece
- India
- Spain
- Iran
Category
- Organic
- Conventional
Type
- Bunch or Dasteh Saffron
- Pushal/Poshal Saffron
- Negin Saffron
- Super Negin Saffron
- Sargol Saffron
Grade
- Grade IV
- Grade III
- Grade I
- Grade II
Drying Method
- Others (If Any)
- Sun Drying Method
- Vacuum Oven Drying Method
- Electric Oven Drying Method
- Microwave Drying Method
Distribution Channel
- Non Store Based Retail
- Store Based Retail
South America Saffron Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 29.15 USD Million |
| Market Value in 2032 | 46.26 USD Million |
| CAGR (2025-2032) | 8.40% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Form,Origin,Category,Type,Grade,Drying Method,Distribution Channel |
Regional Insights:
-
Leading Market (2024-2032): South America, leading in terms of revenue 29.15 USD Million in 2024
- Key Country: Argentina, leading in terms of revenue with value of 24.36 USD Million in 2024.
Segments and Scope
-
South America Saffron Market to 2032, By Form
- Liquid is the largest segment in South America Saffron Market to 2032 with a revenue of 29.15 USD Million in the year 2024.
- Liquid is the Fastest growing segment in South America Saffron Market to 2032 with a Growth rate of 8.40 % in forecast period 2025-2032.
-
South America Saffron Market to 2032, By Origin
- Iran is the largest segment in South America Saffron Market to 2032 with a revenue of 13.86 USD Million in the year 2024.
- Iran is the Fastest growing segment in South America Saffron Market to 2032 with a Growth rate of 8.77 % in forecast period 2025-2032.
-
South America Saffron Market to 2032, By Category
- Conventional is the largest segment in South America Saffron Market to 2032 with a revenue of 25.21 USD Million in the year 2024.
- Conventional is the Fastest growing segment in South America Saffron Market to 2032 with a Growth rate of 8.53 % in forecast period 2025-2032.
-
South America Saffron Market to 2032, By Type
- Sargol Saffron is the largest segment in South America Saffron Market to 2032 with a revenue of 8.61 USD Million in the year 2024.
- Sargol Saffron is the Fastest growing segment in South America Saffron Market to 2032 with a Growth rate of 8.92 % in forecast period 2025-2032.
-
South America Saffron Market to 2032, By Grade
- Grade II is the largest segment in South America Saffron Market to 2032 with a revenue of 10.22 USD Million in the year 2024.
- Grade II is the Fastest growing segment in South America Saffron Market to 2032 with a Growth rate of 8.82 % in forecast period 2025-2032.
-
South America Saffron Market to 2032, By Drying Method
- Microwave Drying Method is the largest segment in South America Saffron Market to 2032 with a revenue of 8.09 USD Million in the year 2024.
- Microwave Drying Method is the Fastest growing segment in South America Saffron Market to 2032 with a Growth rate of 8.90 % in forecast period 2025-2032.
-
South America Saffron Market to 2032, By Distribution Channel
- Store Based Retail is the largest segment in South America Saffron Market to 2032 with a revenue of 19.59 USD Million in the year 2024.
- Store Based Retail is the Fastest growing segment in South America Saffron Market to 2032 with a Growth rate of 8.60 % in forecast period 2025-2032.
South America Saffron Market Company Share Analysis
| Company Name |
|
||
| Baby Brand Saffron | |||
| Esfedan Saffron Co. | |||
| Rowhani Saffron Co. | |||
| Norfolk Saffron | |||
| The Cheshire Saffron Company. | |||
South America Saffron Market Geographical Sales Distribution, 2018-2032 USD Million
South America Saffron Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South America Saffron Market is segmented based on Segmentation Form,Origin,Category,Type,Grade,Drying Method,Distribution Channel.
South America Saffron Market was valued at USD 29.15(Revenue in USD Million) in 2021.
South America Saffron Market is projected to grow at a CAGR of 8.40% during the forecast period of 2024 to 2032.
The Liquid segment is expected to dominate the South America Saffron Market, holding a largest market share of 29.15 USD Million in 2024
South America Saffron Market Scope
South America Saffron Market Segmentation & Scope
Form
- Liquid
- Stigma
- Petals
- Powder
Origin
- Others
- Morocco
- Greece
- India
- Spain
- Iran
Category
- Organic
- Conventional
Type
- Bunch or Dasteh Saffron
- Pushal/Poshal Saffron
- Negin Saffron
- Super Negin Saffron
- Sargol Saffron
Grade
- Grade IV
- Grade III
- Grade I
- Grade II
Drying Method
- Others (If Any)
- Sun Drying Method
- Vacuum Oven Drying Method
- Electric Oven Drying Method
- Microwave Drying Method
Distribution Channel
- Non Store Based Retail
- Store Based Retail
Frequently Asked Questions
The South America Saffron Market is segmented based on Segmentation Form,Origin,Category,Type,Grade,Drying Method,Distribution Channel.
South America Saffron Market was valued at USD 29.15(Revenue in USD Million) in 2021.
South America Saffron Market is projected to grow at a CAGR of 8.40% during the forecast period of 2024 to 2032.
The estimated market value of the South America Saffron Market for final year is USD 46.26 (USD Million).
South America Saffron Market Company Profiling
Frequently Asked Questions
The South America Saffron Market is segmented based on Segmentation Form,Origin,Category,Type,Grade,Drying Method,Distribution Channel.
South America Saffron Market was valued at USD 29.15(Revenue in USD Million) in 2021.
South America Saffron Market is projected to grow at a CAGR of 8.40% during the forecast period of 2024 to 2032.
The estimated market value of the South America Saffron Market for final year is USD 46.26 (USD Million).
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