South America Saffron Market_South America(B2B) to 2032

Overview

The South America Saffron Market_South America(B2B) is expected to reach a 19.23 USD Million by 2032 and is projected to grow at a CAGR of 7.98% from 2025 to 2032.

Revenue, 2024 (USD Million)

12.39

Forecast, 2032 (USD Million)

19.23

CAGR, 2024 - 2032

7.98%

Report Coverage

South America

South America Saffron Market_South America(B2B) 2018-2032 USD Million

South America Saffron Market_South America(B2B), Key Findings (2025-2032)

Market Growth and Projections:

Market Size (2024): 12.39 USD Million
Projected Market Size (2032): 19.23 USD Million
CAGR (2025-2032): 7.98%

Key Findings of South America Saffron Market_South America(B2B)

The South America Saffron Market_South America(B2B) was valued at 12.39 USD Million in 2024.
The South America Saffron Market_South America(B2B) is likely to grow at a CAGR of 7.98% during the forecast period of 2024 to 2032.
In 2024, the Largest segment Food & Beverages in Application Segment accounted for the largest share of the market with a revenue of 28.66 USD Million
The fastest growing segment Iran in Origin Segment grew Fastest with a CAGR of 8.42% during the forecast period from 2024 to 2032.

South America Saffron Market_South America(B2B) Scope

South America Saffron Market_South America(B2B) Segmentation & Scope

Type

Bunch or Dasteh Saffron
Pushal/Poshal Saffron
Negin Saffron
Super Negin Saffron
Sargol Saffron

Grade

Grade IV
Grade III
Grade I
Grade II

Application

Personal Care
Cosmetic
Pharmaceutical
Others
Dietary Supplements
Food supplement
Food & Beverages

Distribution Channel

Indirect
Direct

Origin

Morocco
Others
Greece
India
Spain
Iran

Drying Method

Others
Sun Drying Method
Vacuum Oven Drying Method
Electric Oven Drying Method
Microwave Drying Method

Form

Stigma
Liquid
Powder
Petals

South America Saffron Market_South America(B2B) Data Coverage Insights

Study Period	2024-2032
Base Year	2021
Unit	Revenue in USD Million
Market Value in 2024	12.39 USD Million
Market Value in 2032	19.23 USD Million
CAGR (2025-2032)	7.98%
Historic Data	2016-2023
Market Segments Covered	Type,Grade,Application,Distribution Channel,Origin,Drying Method,Form,Category

Regional Insights:

Leading Market (2024-2032): South America, leading in terms of revenue 12.39 USD Million in 2024
- Key Country: Argentina, leading in terms of revenue with value of 10.54 USD Million in 2024.

Segments and Scope

South America Saffron Market_South America(B2B) to 2032, By Type
- Sargol Saffron is the largest segment in South America Saffron Market_South America(B2B) to 2032 with a revenue of 3.83 USD Million in the year 2024.
- Sargol Saffron is the Fastest growing segment in South America Saffron Market_South America(B2B) to 2032 with a Growth rate of 8.40 % in forecast period 2025-2032.
South America Saffron Market_South America(B2B) to 2032, By Grade
- Grade II is the largest segment in South America Saffron Market_South America(B2B) to 2032 with a revenue of 4.51 USD Million in the year 2024.
- Grade II is the Fastest growing segment in South America Saffron Market_South America(B2B) to 2032 with a Growth rate of 8.36 % in forecast period 2025-2032.
South America Saffron Market_South America(B2B) to 2032, By Application
- Food & Beverages is the largest segment in South America Saffron Market_South America(B2B) to 2032 with a revenue of 28.66 USD Million in the year 2024.
- Food & Beverages is the Fastest growing segment in South America Saffron Market_South America(B2B) to 2032 with a Growth rate of 8.06 % in forecast period 2025-2032.
South America Saffron Market_South America(B2B) to 2032, By Distribution Channel
- Direct is the largest segment in South America Saffron Market_South America(B2B) to 2032 with a revenue of 8.11 USD Million in the year 2024.
- Direct is the Fastest growing segment in South America Saffron Market_South America(B2B) to 2032 with a Growth rate of 8.30 % in forecast period 2025-2032.
South America Saffron Market_South America(B2B) to 2032, By Origin
- Iran is the largest segment in South America Saffron Market_South America(B2B) to 2032 with a revenue of 7.05 USD Million in the year 2024.
- Iran is the Fastest growing segment in South America Saffron Market_South America(B2B) to 2032 with a Growth rate of 8.42 % in forecast period 2025-2032.
South America Saffron Market_South America(B2B) to 2032, By Drying Method
- Microwave Drying Method is the largest segment in South America Saffron Market_South America(B2B) to 2032 with a revenue of 4.49 USD Million in the year 2024.
- Microwave Drying Method is the Fastest growing segment in South America Saffron Market_South America(B2B) to 2032 with a Growth rate of 8.29 % in forecast period 2025-2032.
South America Saffron Market_South America(B2B) to 2032, By Form
- Stigma is the largest segment in South America Saffron Market_South America(B2B) to 2032 with a revenue of 12.39 USD Million in the year 2024.
- Stigma is the Fastest growing segment in South America Saffron Market_South America(B2B) to 2032 with a Growth rate of 7.98 % in forecast period 2025-2032.
South America Saffron Market_South America(B2B) to 2032, By Category
- Conventional is the largest segment in South America Saffron Market_South America(B2B) to 2032 with a revenue of 10.36 USD Million in the year 2024.
- Conventional is the Fastest growing segment in South America Saffron Market_South America(B2B) to 2032 with a Growth rate of 8.13 % in forecast period 2025-2032.

South America Saffron Market_South America(B2B) Company Share Analysis

South America Saffron Market_South America(B2B) Geographical Sales Distribution, 2018-2032 USD Million

South America Saffron Market_South America(B2B) Company Profiling

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Frequently Asked Questions

What are the primary segments covered in the South America Saffron Market_South America(B2B)?

The South America Saffron Market_South America(B2B) is segmented based on Segmentation Type,Grade,Application,Distribution Channel,Origin,Drying Method,Form,Category.

What is the current market size of the South America Saffron Market_South America(B2B)?

South America Saffron Market_South America(B2B) was valued at USD 12.39(Revenue in USD Million) in 2021.

What is the expected growth rate of the South America Saffron Market_South America(B2B)?

South America Saffron Market_South America(B2B) is projected to grow at a CAGR of 7.98% during the forecast period of 2024 to 2032.

Which is the dominating segment in the South America Saffron Market_South America(B2B)?

The Food & Beverages segment is expected to dominate the South America Saffron Market_South America(B2B), holding a largest market share of 28.66 USD Million in 2024

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