Did you know that each saffron flower only produces three threads? Shocking right? It is one of the main reasons why it is one of the most expensive spices in the world. Now, if you want to know more about this super-expensive spice, then you are at the right place. In this blog, we are going to learn more about the saffron market, and type of the saffron available in the market.
So, without wasting any more time, let’s quickly hop onto the details.
Snapshot of Global Saffron Market
Saffron has been cultivated for thousands of years for several purposes including medicine, spice, and dye. It comes from the stigma of crocus sativus, a flowering plant in the iris family with bright purple petals which are also known as ‘Saffron Crocus’ or ‘Autumn crocus.’ Each flower only produces a few red-color stigmas, which are hand-picked and then dried. Saffron is used in multiple dishes from flavoured-rice to cakes and soups as well. Moreover, it is used to treat a wide range of diseases like anxiety, depression, and menstrual cramps.
In 2023, the size of the Global Saffron Market was evaluated at around USD 684 million, and is projected to grow at a CAGR of around 7.5% from 2024 to 2030. The rising demand for saffron across several industries such as food and beverages, cosmetics, personal care, and pharmaceuticals is driving the growth of the market.
Types of Saffron Available in the Global Market
There are several types of saffron available in the market. However, the most popular types of saffron are:
- Dasteh Saffron: This saffron is the main strand of Iranian saffron. The top part of these strands is red and the bottom is orange in color. This type of Iranian saffron is graded as the 4th grade and the overall color of this type of saffron is between 120 to 150 units. The price of this type of saffron is the lowest.
- Sargol Saffron: Sargol saffron is made from the beginning of the stigma. This type of saffron has high coloring power and pure taste and aroma. The farmers cut the top red part of the stigma, thus, it is called Sargol saffron. Therefore, this type of saffron is all-red. The overall color of this type of saffron is between 210 to 260 units.
- Super Negin Saffron: Negin saffron has only red parts of the saffron stigma and no white or yellow part is observed in it. It is said that the larger the stem and stigma of the saffron, and the less broken stigmas, the higher is the price value of the saffron.
- Konj or White saffron: Saffron has two parts – Sargol and the root. The white part attached to the end of the sargol is called saffron root or white saffron. The color of these strands is light yellowish-white. These roots of saffron are called Konj saffron.
Conclusion
There are several types of saffron that are classified as per the strands, smell, color, and taste. Also, the place of saffron cultivation has an effect on its value. Not only in the food sector, this valuable material is very useful in the beauty and health industries. There are several benefits associated with saffron, due to this it is used in several industries.
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