South Korea Saffron Market_South Korea(B2B) to 2032
Overview
The South Korea Saffron Market_South Korea(B2B) is expected to reach a 29.22 USD Million by 2032 and is projected to grow at a CAGR of 8.49% from 2025 to 2032.
Revenue, 2024 (USD Million)
18.30
Forecast, 2032 (USD Million)
29.22
CAGR, 2024 - 2032
8.49%
Report Coverage
South Korea
South Korea Saffron Market_South Korea(B2B) 2018-2032 USD Million
South Korea Saffron Market_South Korea(B2B), Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 18.30 USD Million
- Projected Market Size (2032): 29.22 USD Million
- CAGR (2025-2032): 8.49%
Key Findings of South Korea Saffron Market_South Korea(B2B)
- The South Korea Saffron Market_South Korea(B2B) was valued at 18.30 USD Million in 2024.
- The South Korea Saffron Market_South Korea(B2B) is likely to grow at a CAGR of 8.49% 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 42.45 USD Million
- The fastest growing segment Iran in Origin Segment grew Fastest with a CAGR of 8.92% during the forecast period from 2024 to 2032.
South Korea Saffron Market_South Korea(B2B) Scope
South Korea Saffron Market_South Korea(B2B) Segmentation & Scope
Application
- Cosmetic
- Others
- Pharmaceutical
- Personal Care
- Dietary Supplements
- Food supplement
- Food & Beverages
Distribution Channel
- Indirect
- Direct
Drying Method
- Others
- Sun Drying Method
- Vacuum Oven Drying Method
- Electric Oven Drying Method
- Microwave Drying Method
Origin
- Morocco
- Others
- Greece
- India
- Spain
- Iran
Form
- Liquid
- Powder
- Stigma
- Petals
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
South Korea Saffron Market_South Korea(B2B) Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 18.30 USD Million |
| Market Value in 2032 | 29.22 USD Million |
| CAGR (2025-2032) | 8.49% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Application,Distribution Channel,Drying Method,Origin,Form,Category,Type,Grade |
Regional Insights:
-
Leading Market (2024-2032): South Korea, leading in terms of revenue 18.30 USD Million in 2024
- Key Country: South Korea, leading in terms of revenue with value of 18.30 USD Million in 2024.
Segments and Scope
-
South Korea Saffron Market_South Korea(B2B) to 2032, By Application
- Food & Beverages is the largest segment in South Korea Saffron Market_South Korea(B2B) to 2032 with a revenue of 42.45 USD Million in the year 2024.
- Food & Beverages is the Fastest growing segment in South Korea Saffron Market_South Korea(B2B) to 2032 with a Growth rate of 8.57 % in forecast period 2025-2032.
-
South Korea Saffron Market_South Korea(B2B) to 2032, By Distribution Channel
- Direct is the largest segment in South Korea Saffron Market_South Korea(B2B) to 2032 with a revenue of 12.11 USD Million in the year 2024.
- Direct is the Fastest growing segment in South Korea Saffron Market_South Korea(B2B) to 2032 with a Growth rate of 8.80 % in forecast period 2025-2032.
-
South Korea Saffron Market_South Korea(B2B) to 2032, By Drying Method
- Microwave Drying Method is the largest segment in South Korea Saffron Market_South Korea(B2B) to 2032 with a revenue of 6.70 USD Million in the year 2024.
- Microwave Drying Method is the Fastest growing segment in South Korea Saffron Market_South Korea(B2B) to 2032 with a Growth rate of 8.79 % in forecast period 2025-2032.
-
South Korea Saffron Market_South Korea(B2B) to 2032, By Origin
- Iran is the largest segment in South Korea Saffron Market_South Korea(B2B) to 2032 with a revenue of 10.57 USD Million in the year 2024.
- Iran is the Fastest growing segment in South Korea Saffron Market_South Korea(B2B) to 2032 with a Growth rate of 8.92 % in forecast period 2025-2032.
-
South Korea Saffron Market_South Korea(B2B) to 2032, By Form
- Liquid is the largest segment in South Korea Saffron Market_South Korea(B2B) to 2032 with a revenue of 18.30 USD Million in the year 2024.
- Liquid is the Fastest growing segment in South Korea Saffron Market_South Korea(B2B) to 2032 with a Growth rate of 8.49 % in forecast period 2025-2032.
-
South Korea Saffron Market_South Korea(B2B) to 2032, By Category
- Conventional is the largest segment in South Korea Saffron Market_South Korea(B2B) to 2032 with a revenue of 15.38 USD Million in the year 2024.
- Conventional is the Fastest growing segment in South Korea Saffron Market_South Korea(B2B) to 2032 with a Growth rate of 8.63 % in forecast period 2025-2032.
-
South Korea Saffron Market_South Korea(B2B) to 2032, By Type
- Sargol Saffron is the largest segment in South Korea Saffron Market_South Korea(B2B) to 2032 with a revenue of 5.74 USD Million in the year 2024.
- Sargol Saffron is the Fastest growing segment in South Korea Saffron Market_South Korea(B2B) to 2032 with a Growth rate of 8.89 % in forecast period 2025-2032.
-
South Korea Saffron Market_South Korea(B2B) to 2032, By Grade
- Grade II is the largest segment in South Korea Saffron Market_South Korea(B2B) to 2032 with a revenue of 6.74 USD Million in the year 2024.
- Grade II is the Fastest growing segment in South Korea Saffron Market_South Korea(B2B) to 2032 with a Growth rate of 8.85 % in forecast period 2025-2032.
South Korea Saffron Market_South Korea(B2B) Company Share Analysis
South Korea Saffron Market_South Korea(B2B) Geographical Sales Distribution, 2018-2032 USD Million
South Korea Saffron Market_South Korea(B2B) Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Korea Saffron Market_South Korea(B2B) is segmented based on Segmentation Application,Distribution Channel,Drying Method,Origin,Form,Category,Type,Grade.
South Korea Saffron Market_South Korea(B2B) was valued at USD 18.30(Revenue in USD Million) in 2021.
South Korea Saffron Market_South Korea(B2B) is projected to grow at a CAGR of 8.49% during the forecast period of 2024 to 2032.
The Food & Beverages segment is expected to dominate the South Korea Saffron Market_South Korea(B2B), holding a largest market share of 42.45 USD Million in 2024
Coming Soon....
South Korea Saffron Market_South Korea(B2B) Scope
South Korea Saffron Market_South Korea(B2B) Segmentation & Scope
Application
- Cosmetic
- Others
- Pharmaceutical
- Personal Care
- Dietary Supplements
- Food supplement
- Food & Beverages
Distribution Channel
- Indirect
- Direct
Drying Method
- Others
- Sun Drying Method
- Vacuum Oven Drying Method
- Electric Oven Drying Method
- Microwave Drying Method
Origin
- Morocco
- Others
- Greece
- India
- Spain
- Iran
Form
- Liquid
- Powder
- Stigma
- Petals
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
Frequently Asked Questions
The South Korea Saffron Market_South Korea(B2B) is segmented based on Segmentation Application,Distribution Channel,Drying Method,Origin,Form,Category,Type,Grade.
South Korea Saffron Market_South Korea(B2B) was valued at USD 18.30(Revenue in USD Million) in 2021.
South Korea Saffron Market_South Korea(B2B) is projected to grow at a CAGR of 8.49% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Saffron Market_South Korea(B2B) for final year is USD 29.22 (USD Million).
South Korea Saffron Market_South Korea(B2B) Company Profiling
Frequently Asked Questions
The South Korea Saffron Market_South Korea(B2B) is segmented based on Segmentation Application,Distribution Channel,Drying Method,Origin,Form,Category,Type,Grade.
South Korea Saffron Market_South Korea(B2B) was valued at USD 18.30(Revenue in USD Million) in 2021.
South Korea Saffron Market_South Korea(B2B) is projected to grow at a CAGR of 8.49% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Saffron Market_South Korea(B2B) for final year is USD 29.22 (USD Million).
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