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Thailand Saffron Market to 2032

Overview

The Thailand Saffron Market is expected to reach a 10.90 USD Million by 2032 and is projected to grow at a CAGR of 7.55% from 2025 to 2032.

Revenue, 2024 (USD Million)
7.18
Forecast, 2032 (USD Million)
10.90
CAGR, 2024 - 2032
7.55%
Report Coverage
Thailand

Thailand Saffron Market 2018-2032 USD Million

Thailand Saffron Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 7.18 USD Million
  • Projected Market Size (2032): 10.90 USD Million
  • CAGR (2025-2032): 7.55%

Key Findings of Thailand Saffron Market

  • The Thailand Saffron Market was valued at 7.18 USD Million in 2024.
  • The Thailand Saffron Market is likely to grow at a CAGR of 7.55% during the forecast period of 2024 to 2032.
  • In 2024, the Largest segment Stigma in Form Segment accounted for the largest share of the market with a revenue of 7.18 USD Million
  • The fastest growing segment Iran in Origin Segment grew Fastest with a CAGR of 7.94% during the forecast period from 2024 to 2032.

Thailand Saffron Market Scope

Thailand Saffron Market Segmentation & Scope
Grade
  • Grade IV
  • Grade III
  • Grade I
  • Grade II
Category
  • Organic
  • Conventional
Form
  • Stigma
  • Powder
  • Petals
  • Liquid
Type
  • Bunch or Dasteh Saffron
  • Pushal/Poshal Saffron
  • Negin Saffron
  • Super Negin Saffron
  • Sargol Saffron
Origin
  • Morocco
  • Others
  • Greece
  • India
  • Spain
  • Iran
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

Thailand Saffron Market Data Coverage Insights

Study Period 2024-2032
Base Year 2021
Unit Revenue in USD Million
Market Value in 2024 7.18 USD Million
Market Value in 2032 10.90 USD Million
CAGR (2025-2032) 7.55%
Historic Data 2016-2023
Market Segments Covered Grade,Category,Form,Type,Origin,Drying Method,Distribution Channel

Regional Insights:

  • Leading Market (2024-2032): Thailand, leading in terms of revenue 7.18 USD Million in 2024
    • Key Country: Thailand, leading in terms of revenue with value of 7.18 USD Million in 2024.

Segments and Scope

  • Thailand Saffron Market to 2032, By Grade
    • Grade II is the largest segment in Thailand Saffron Market to 2032 with a revenue of 2.75 USD Million in the year 2024.
    • Grade II is the Fastest growing segment in Thailand Saffron Market to 2032 with a Growth rate of 7.91 % in forecast period 2025-2032.
  • Thailand Saffron Market to 2032, By Category
    • Conventional is the largest segment in Thailand Saffron Market to 2032 with a revenue of 5.77 USD Million in the year 2024.
    • Conventional is the Fastest growing segment in Thailand Saffron Market to 2032 with a Growth rate of 7.74 % in forecast period 2025-2032.
  • Thailand Saffron Market to 2032, By Form
    • Stigma is the largest segment in Thailand Saffron Market to 2032 with a revenue of 7.18 USD Million in the year 2024.
    • Stigma is the Fastest growing segment in Thailand Saffron Market to 2032 with a Growth rate of 7.55 % in forecast period 2025-2032.
  • Thailand Saffron Market to 2032, By Type
    • Sargol Saffron is the largest segment in Thailand Saffron Market to 2032 with a revenue of 2.20 USD Million in the year 2024.
    • Sargol Saffron is the Fastest growing segment in Thailand Saffron Market to 2032 with a Growth rate of 7.92 % in forecast period 2025-2032.
  • Thailand Saffron Market to 2032, By Origin
    • Iran is the largest segment in Thailand Saffron Market to 2032 with a revenue of 3.13 USD Million in the year 2024.
    • Iran is the Fastest growing segment in Thailand Saffron Market to 2032 with a Growth rate of 7.94 % in forecast period 2025-2032.
  • Thailand Saffron Market to 2032, By Drying Method
    • Microwave Drying Method is the largest segment in Thailand Saffron Market to 2032 with a revenue of 2.36 USD Million in the year 2024.
    • Microwave Drying Method is the Fastest growing segment in Thailand Saffron Market to 2032 with a Growth rate of 7.93 % in forecast period 2025-2032.
  • Thailand Saffron Market to 2032, By Distribution Channel
    • Store Based Retail is the largest segment in Thailand Saffron Market to 2032 with a revenue of 5.20 USD Million in the year 2024.
    • Store Based Retail is the Fastest growing segment in Thailand Saffron Market to 2032 with a Growth rate of 7.74 % in forecast period 2025-2032.

Thailand Saffron Market Company Share Analysis

 
Company Name Company Share Analysis
Baby Brand Saffron
Esfedan Saffron Co.
Rowhani Saffron Co.
Norfolk Saffron
The Cheshire Saffron Company.
Thailand Saffron Market Company Share Analysis

Thailand Saffron Market Geographical Sales Distribution, 2018-2032 USD Million

Thailand Saffron Market Geographical Sales Distribution, 2018-2032 USD Million

Thailand Saffron Market Company Profiling

Thailand Saffron Market Company Profiling

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Frequently Asked Questions
The Thailand Saffron Market is segmented based on Segmentation Grade,Category,Form,Type,Origin,Drying Method,Distribution Channel.
Thailand Saffron Market was valued at USD 7.18(Revenue in USD Million) in 2021.
Thailand Saffron Market is projected to grow at a CAGR of 7.55% during the forecast period of 2024 to 2032.
The Stigma segment is expected to dominate the Thailand Saffron Market, holding a largest market share of 7.18 USD Million in 2024

Thailand Saffron Market Scope

Thailand Saffron Market Segmentation & Scope
Grade
  • Grade IV
  • Grade III
  • Grade I
  • Grade II
Category
  • Organic
  • Conventional
Form
  • Stigma
  • Powder
  • Petals
  • Liquid
Type
  • Bunch or Dasteh Saffron
  • Pushal/Poshal Saffron
  • Negin Saffron
  • Super Negin Saffron
  • Sargol Saffron
Origin
  • Morocco
  • Others
  • Greece
  • India
  • Spain
  • Iran
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 Thailand Saffron Market is segmented based on Segmentation Grade,Category,Form,Type,Origin,Drying Method,Distribution Channel.
Thailand Saffron Market was valued at USD 7.18(Revenue in USD Million) in 2021.
Thailand Saffron Market is projected to grow at a CAGR of 7.55% during the forecast period of 2024 to 2032.
The estimated market value of the Thailand Saffron Market for final year is USD 10.90 (USD Million).

Thailand Saffron Market Company Profiling

Thailand Saffron Market Company Profiling
Frequently Asked Questions
The Thailand Saffron Market is segmented based on Segmentation Grade,Category,Form,Type,Origin,Drying Method,Distribution Channel.
Thailand Saffron Market was valued at USD 7.18(Revenue in USD Million) in 2021.
Thailand Saffron Market is projected to grow at a CAGR of 7.55% during the forecast period of 2024 to 2032.
The estimated market value of the Thailand Saffron Market for final year is USD 10.90 (USD Million).

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