Future of the Saffron Market: Industry Outlook, Trends & Forecast (2024–2030)
The global saffron industry is entering a transformative phase driven by rising demand across food, pharmaceuticals, and personal care sectors. According to insights published by MarkNtel Advisors, the market is expected to witness steady growth between 2024 and 2030, supported by premium positioning, expanding applications, and increasing consumer awareness. Understanding the Future of the Saffron Market is essential for stakeholders aiming to capitalize on emerging opportunities while navigating challenges such as high production costs and quality concerns. Overview of the Global Saffron Market Saffron, derived from the Crocus sativus flower, is one of the most valuable spices in the world due to its labor-intensive harvesting process and limited cultivation regions. Traditionally used in culinary applications, saffron has evolved into a high-value ingredient across multiple industries. The market continues to gain traction as consumers increasingly favor natural, premium, ...