Iran Saffron Market Size, Share, and COVID-19 Impact Analysis, By Grade (Grade-I, Grade-II, Grade-III, and Grade-IV), By Type (Organic and Traditional), and Iran Saffron Market Insights, Industry Trend, Forecasts to 2035
Industry: Consumer GoodsIran Saffron Market Insights Forecasts to 2035.
- The Iran Saffron Market Size is Expected to Grow at a CAGR of around 6.2% from 2024 to 2035
- The Iran Saffron Market Size is Expected to Reach a Significant Share by 2035.
Get more details on this report -
According to a Research Report Published by Spherical Insights & Consulting, The Iran Saffron Market Size is Expected to Grow 6.2% CAGR from 2024 to 2035, is Expected to Reach a Significant Share by 2035. The growth is driven by its predominately global output (more than 90% of supply), which is bolstered by favorable soil and climate conditions in regions like Khorasan. Its market potential is further increased by strong export demand, high farmer returns on investment, and government initiatives to strengthen sustainability and branding.
Market Overview
Irans Saffron Market Size refers to the production, distribution, and export of saffron grown mostly in the Khorasan region where the climate and soil conditions are ideal for producing high-quality yields is referred to as Irans saffron market. Iran is the worlds top producer, contributing more than 85% of the worlds saffron production to the pharmaceutical, cosmetic, and culinary industries. Traditional farming, export dynamics, and changing global demand all influence the market. Additionally, the saffron market in Iran is changing with advances in technology, combining traditional farming methods with contemporary advancements. To maximize crop health and irrigation, farmers are utilizing digital tools such as AI-based platforms and satellite monitoring. Year-round production with lower water consumption is made possible by controlled-environment farming, which includes vertical setups and greenhouses. Sustainable practices like crop rotation and organic fertilization improve sustainability, and product diversification into teas, supplements, and cosmetics increases appeal internationally. Further, Iran leads the world in saffron production and offers unparalleled quality, which creates significant opportunities in the market. Export potential is increasing due to growing demand from the culinary, cosmetic, and nutraceutical industries, particularly in Europe, India, and the Gulf.
Report Coverage
This research report categorizes the market for the Iran saffron market based on various segments and regions and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Iran saffron market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Iran saffron market.
Iran Saffron Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2024 |
Forecast Period: | 2025-2035 |
Forecast Period CAGR 2025-2035 : | CAGR of 6.2% |
Historical Data for: | 2020-2023 |
No. of Pages: | 212 |
Tables, Charts & Figures: | 114 |
Segments covered: | By Grade, By Type |
Companies covered:: | Eyjan Saffron Company, Rowhani Saffron Co., Gauhar Saffron Co., Tarvand Saffron Co., SunLand Saffron, Esfedan Saffron Co., and Other Key Companies. |
Pitfalls & Challenges: | COVID-19 Empact, Challenge, Future, Growth, & Analysis |
Get more details on this report -
Driving Factors
Irans superior quality, deep cultural integration, and global production dominance are the main factors driving the countrys saffron market. High-yield farming in Khorasan is supported by fertile soil and a favorable climate. Exports are boosted by growing global demand in the nutraceutical, cosmetic, and culinary industries. Productivity and global competitiveness are further increased by government programs, environmentally friendly methods, and technological adoption such as IoT farming.
Restraining Factors
The main obstacles facing Irans saffron market are high production costs, unstable prices, restricted growing areas, and the possibility of adulteration. Scalability is further complicated by labor intensive harvesting, climate change, and water scarcity, and steady export growth is impeded by geopolitical tensions.
Market Segmentation
The Iran saffron market share is classified into grade and type.
- The grade-I segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The Iran saffron market is segmented by grade into grade-I, grade-II, grade-III, and grade-IV. Among these, the grade-I segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. Demand for high-quality saffron in nutraceuticals, cosmetics, and food. Gourmet brands and wellness formulators are drawn to its superior color and aroma, which are guaranteed by its high crocin and safranal content. Supply was increased by controlled-environment farming and IoT-based yield optimization, and its value in high-margin applications was reaffirmed by clean-label trends and mental health studies.
- The traditional segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The Iran saffron market is segmented by type into organic and traditional. Among these, the traditional segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. This is due to the widespread use of traditional farming methods, lower production costs, and robust domestic demand. Its deep cultural integration in Iranian medicine and food supported volume sales. Traditional saffron was also preferred by bulk buyers due to its consistent supply and affordability. Its market presence was further enhanced by increased exports to Asia and Europe as well as government support.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the Iran saffron market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Eyjan Saffron Company
- Rowhani Saffron Co.
- Gauhar Saffron Co.
- Tarvand Saffron Co.
- SunLand Saffron
- Esfedan Saffron Co.
- Others
Recent Developments:
- In October 2024, Iran’s saffron production was expected to reach about 400 tons in the Iranian calendar year ending in late March 2025, according to Hossein Zeynali, director of the Agriculture Ministry’s medicinal plants national plan.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at Iran, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the Iran Saffron Market based on the below-mentioned segments:
Iran Saffron Market, By Grade
- Grade-I
- Grade-II
- Grade-III
- Grade-IV
Iran Saffron Market, By Type
- Organic
- Traditional
Need help to buy this report?