Top Players in the Saffron Market

The global saffron market size reached US$ 518.4 Million in 2023. As per the analysis by IMARC Group, the saffron companies are prompted to focus on manufacturing organic and chemical-free variants to cater to the requirements of health-conscious consumers. They are also adopting advanced methods and technologies to produce ready- and semi-ready-to-use saffron products of nutritious value to expand their consumer base and meet the evolving needs of consumers. In addition, several companies are engaging in research and development (R&D) activities to introduce technologies that enable automated, year-round cultivation of saffron to meet the escalating product demand across pharmaceutical, personal care and cosmetics, and food and beverage (F&B) industries. Moreover, the leading manufacturers are heavily investing in product portfolio expansion and adopting innovative packaging formats to attract more customers and gain a competitive edge in the market. Apart from this, they are launching premium product variants with high flavoring and coloring strength for various culinary applications, fragrances, and personal care items, which is further driving the market growth. Looking forward, IMARC Group expects the market to reach US$ 1,017.8 Million by 2032, exhibiting a growth rate (CAGR) of 7.76% during (2024-2032).

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List of Top Saffron Manufacturing Companies Worldwide:

Esfedan Saffron Co.

Establishment: 1975
Headquarter: Iran 
Website: https://essaffron.com/

Esfedan Saffron Co. is a leading producer and supplier of high-quality saffron across the globe. It provides saffron harvested in high-quality farms and handpicked to preserve its quality. It also operates a laboratory certified by the National Standards Organization, where the saffron is tested via the HPLC technique to ensure its purity. It also offers various saffron-based products, such as Saffron Rock Candy, Saffron Jelly Powder, Saffron Cake Powder, and Saffron Herbal Tea. Its main products are commercially available in the market in both retail and bulk packaging, and it also provides numerous saffron-related products under the private label. Furthermore, the company has operations in Madrid, Dubai, Istanbul, Hong Kong, Tehran, and Mashhad and exports tons of saffron to more than 28 countries globally. 

Flora Saffron (ATDM Co.)

Headquarter: Tehran, Iran
Website: http://www.florasaffron.com/

ATDM Co. is a leading global supplier, seller, and exporter of the best quality Iranian (Persian) standard saffron under the FLORA brand. The company offers all types of saffron, including Khorasan Mashhad Saffron, Ghaen saffron, Torbat Heydariye saffron, Sargol, Negin, Stigma, Pooshal, Pushali, Tied bunch, Dasteh, and red color saffron. It specializes in providing the finest and purest quality of premium saffron filaments and products.

Gauhar Saffron Co. 

Establishment: 2004
Website: http://www.gohar-saffron.com/

Gauhar Saffron Co. is the largest exporter of Iranian saffron across the globe. The company is primarily focused on exporting more than 10 tons of high-quality saffron every year, 85% of which goes to Europe. It also owns and operates a highly equipped chemical and microbiological test laboratory, which was established to conduct standard analysis. It has employed a rigorous and thorough quality management system to ensure the purity and freshness of its saffron. All of its products are tested, processed, and packed by food manufacturing operation engineers and specialists.

Grandor Co.

Establishment: 2004
Headquarter: Tehran, Iran
Website: https://grandornuts.com/

Grandor Co is a leading dried fruit exporter, wholesaler, and supplier that provides the highest quality of Iranian dried fruits across the globe. It offers a wide range of bulk dried fruits and nuts, such as saffron, pistachios, raisins, figs, dates, apricots, and chickpeas. The company currently exports its products to around 15 countries, including Morocco, Taiwan, China, Canada, Spain, Vietnam, Czech Republic, Russia, India, Egypt, South Korea, Germany, Bulgaria, Armenia, and Singapore. 

Great American Spice Company

Website: https://www.americanspice.com/

Great American Spice Company is a global leader primarily engaged in the production, wholesale, and supply of a premier range of spices, herbs, seasonings, and oil and extracts. It offers its products in multiple packaging formats and sizes, such as stove, chef, bulk, and larger. The company manufactures the highest quality of spices, rubs, blends, and seasonings by utilizing its in-house blending and packaging capabilities. It is equipped with a state-of-the-art shipping area to make sure the orders reach their destinations quickly and in perfect condition. It also provides private labeling services and can create products with personalized, custom packaging and labeling for various retail and commercial applications. Some of its products include saffron, cinnamon, paprikas, chili powders, poultry and steak seasonings, peppercorns, and others. 

HEA&CO

Establishment: 1874
Headquarter: Novelda, Spain
Website: https://heacosaffron.com/

HEA&Co is a family-run company engaged in the export of pure Spanish saffron worldwide. It provides several saffron varieties, including saffron thread, saffron coupe, saffron ground, and saffron powder. The company also offers premium quality BIO saffron, a 100% non-altered and natural product, cultivated with no chemical substances and obtained through sustainable procedures from the environment, under the name of SunBrand. Moreover, it owns a laboratory with the latest equipment and technology for conducting analysis and measurements while ensuring food safety through its food safety management system.

Mehr Saffron Company
Website: https://www.mehrsaffron.com/

Mehr Saffron Company is a leading global supplier of the highest quality saffron and 100% pure premium saffron spice. It supplies only the finest and purest saffron from India, Afghanistan, Turkey, and Spain and offers organic and natural saffron for sale with no chemical fertilizers or additives. The company's diversified product portfolio includes the top classification of Afghan Saffron, Spanish Saffron, Greek Saffron, and Kashmiri Saffron.

Rowhani Saffron Co.

Establishment: 2009
Headquarter: Mashhad, Iran
Website: https://www.rowhanisaffron.com/

Rowhani Saffron Co. is a leading company engaged in the wholesale and export of saffron across the globe. Some of its products include all red saffron (poushali negin, sargol negin, and sargol saffron) and red and yellow saffron (poushali A, poushali B, bunch saffron, and style of saffron). It owns a laboratory that employs state-of-the-art testing techniques to test the quality of the saffron harvested from the farm. Moreover, the company operates through resellers in various countries, such as Russia, the United States, Turkey, United Arab Emirates, Vietnam, Zurich, and The Schengen Area.

Safrante Global Company S.L.U

Headquarter: Spain
Website: https://www.safrante.com/

Safrante Global Company S.L.U is a leading Spanish company engaged in the production and wholesale of saffron threads or filaments and saffron powder. Its main brand is Safrante (whose name comes from their derivative). After years of researching with saffron, the company has successfully developed a 100% natural derivative with no additives, which preserved the main features of saffron - its unequaled aroma, bright color, and flavor. Some of its products include saffron filaments, saffron powder, gourmet sea salt, saffron sauce, saffron tea, and spices. Presently, the company has operations in around 20 countries across the globe.

Taj Agro International

Establishment: 1995
Headquarter: Mumbai, Maharashtra, India
Website: https://tajagro.com/

Taj Agro International is a global FMCG company and the food and agro products division of the Taj Pharma Group. It is primarily engaged in the manufacturing, sales, and marketing of a wide range of high-quality food products and health supplements. The company has a diversified portfolio comprising saffron, protein powders, egg powder, pulp and purees, spices, flavors, fruit powders, and essential oils. It is one of the largest exporters of food products, such as basmati rice, spices, saffron, and other Agro-based items, to Middle East countries. Over the years, the company has developed an excellent Agro product basket for manufacturing, processing, trading, and simultaneously building sophisticated infrastructure facilities for sourcing, milling, processing, and shipping products to global destinations.

Tarvand Saffron Co.

Establishment: 2001
Headquarter: Qaen County, Iran
Website: http://tarvandsaffron.com/en

Tarvand Saffron Co. is a leading company engaged in the production and export of saffron and barberry. It has a diverse product portfolio consisting of various saffron grades, organic saffron, and other products. Some of its products also include tarvand negin, tarvand pushal, tarvand sargol, saffron extract, saffron powder, and tarvand C1 bunch. Moreover, the company exports Iranian saffron to numerous countries across the globe, including the US, Canada, Brazil, Germany, France, the United Kingdom, Spain, Italy, Asia, UAE, China, Japan, India, Australia, and South Africa.

About IMARC Group: IMARC Group is a leading market research and consulting company that offers management strategy and market research worldwide. The company has done multiple projects on the saffron market, which has enabled clients to set up and expand their businesses successfully. Some of the company's offerings include:

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