Saffron Market

Saffron Market
Nevertheless, the market will notice considerable rise in the end-use of saffron for production of
cosmetics, revenues from which will soar at 5.1% CAGR. Consumption of saffron will also be driven by its
function as a spice, herb, or a flavouring ingredient. And, nearly three-fourth of saffron revenues
amassed from these countries will be accounted by flavouring & spice function throughout the forecast
period.
Key highlights from the report on saffron market for targeted countries include:
Iran’s saffron market will expand at 5.7% CAGR, and register substantial growth in production of
powdered saffron
More than 90 Mn worth of saffron powder will be consumed in the US by the end of 2026
In UK’s saffron market, medical & pharmaceutical industry will record revenue growth at 6% CAGR
during forecast period
Demand for saffron will be low in Germany as the country’s market is expected to be valued at just
over US$ 4 Mn by 2026-end
The saffron market in France, Spain, China, Luxemburg and Italy will exhibit growth at less than 3%
CAGR
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