Saudi Arabia saffron market size reached USD 6.9 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 14.1 Million by 2033, exhibiting a growth rate (CAGR) of 8.3% during 2025-2033. The growing popularity of gourmet cuisines and numerous advancements by key players in saffron farming techniques are primarily driving the market growth across the country.
Report Attribute
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Key Statistics
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Base Year
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2024 |
Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 6.9 Million |
Market Forecast in 2033 | USD 14.1 Million |
Market Growth Rate (2025-2033) | 8.3% |
Saffron is a spice that is derived from the stigmas of the Crocus sativus flower, a member of the Iridaceae family. It has a vibrant color, distinctive flavor, and potential health advantages. Saffron threads emit a captivating, honey-like fragrance that adds to its allure. In addition to this, it has sweet, floral, and earthy notes. Beyond its culinary attributes, saffron is commonly available in bright orange and deep red colors. As such, it is also associated with potential health benefits, ranging from antioxidant properties to mood enhancement. Saffron further symbolizes. It finds wide-ranging applications in various industries, including pharmaceuticals, personal care, textiles, food and beverage (F&B), etc., across the country.
The saffron market in Saudi Arabia is witnessing significant shifts driven by the growing awareness among individuals towards numerous culinary and health benefits of this spice. saffron has a unique flavor profile and vibrant color, which makes it a sought-after ingredient in traditional and gourmet dishes. Additionally, technological advancements and modern cultivation practices are playing a crucial role in boosting saffron production in Saudi Arabia. Besides this, the increasing adoption of innovative techniques, including precision farming and controlled-environment agriculture, is enhancing yield and quality of saffron, thereby bolstering the market growth across the country. Moreover, sustainable and organic farming practices are becoming a prevalent trend, aligning with the growing consumer inclination towards eco-friendly and health-conscious choices. Apart from this, individuals in Saudi Arabia are extensively valuing saffron produced through environmentally responsible methods, thereby acting as another significant growth-inducing factor. Furthermore, the expanding e-commerce industry is also catalyzing the market growth. In line with this, online platforms are providing consumers with convenient access to a variety of saffron products. In conclusion, the rising investments in high-value agriculture, including saffron cultivation, by government bodies are expected to fuel the market growth across the Saudi Arabia over the forecasted period.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on type, form, and application.
Type Insights:
The report has provided a detailed breakup and analysis of the market based on the type. This includes organic and conventional.
Form Insights:
A detailed breakup and analysis of the market based on the form have also been provided in the report. This includes thread, powder, and liquid.
Application Insights:
The report has provided a detailed breakup and analysis of the market based on the application. This includes food, pharmaceuticals, cosmetics, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Northern and Central Region, Western Region, Eastern Region, and Southern Region.
The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report | Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Types Covered | Organic, Conventional |
Forms Covered | Thread, Powder, Liquid |
Applications Covered | Food, Pharmaceuticals, Cosmetics, Others |
Regions Covered | Northern and Central Region, Western Region, Eastern Region, Southern Region |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |