The food and beverage segment of this market is expected to grow significantly in the coming years, mainly due to the significant value of spices as flavoring agents. With the expansion of the food industry, the Global Saffron Market size is expected to grow in the coming years.

According to MarkNtel Advisors study, The Global Saffron Market size is valued at around USD 684 million in 2023 & is projected to grow at a CAGR of around 7.5% during the forecast period, i.e., 2024-30.

Saffron farming has a considerable environmental impact, including water use, pesticide use, and soil damage. Consumers are becoming more aware of these consequences and are demanding environmentally sustainable saffron.

Saffron is a labor-intensive crop, and workers in the industry are frequently underpaid and overworked. Consumers are becoming increasingly concerned about the social impact of saffron cultivation and are seeking fair and ethical saffron. As a result, people are increasingly looking for environmentally and socially responsible saffron manufacturing methods. As a result, it is influencing the current and future state of the Global Saffron Market.

✅In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2025 to 2030, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.

Download Free Sample Copy @ https://www.marknteladvisors.com/query/request-sample/saffron-market.html             

Key Findings in Saffron Market:

Saffron Market Key Players:

Safrante Global Company S.L.U., Evolva, Rowhani Saffron Co, Sara Nuts, Tarvand Saffron Co, Hijos de Eustaquio Abad & Co. S.L., USMS Saffron Co. Inc., Royal Saffron Company, Saharkhiz International Group Companies, Gohar Saffron, Novin Saffron Co., Azafranes Manchegos SL and Others

Market Segmentation Overview:

By Type

-Dasteh Saffron

-Pushal Saffron

-Sargol Saffron

-Super Negin Saffron

-Konj/ White Saffron

-Others (Kashmiri Saffron, Moroccan Saffron, etc.)

By Forms

-Threads

-Powder

-Liquid

By Grade

-Grade I

-Grade II

-Grade III

-Grade IV

By Nature

-Organic

-Conventional

By Application

-Food & Beverages

-Personal Care

-Textile Industry

-Pharmaceutical

The food and beverages segment is the leading based on application as saffron is used in this segment for a variety of purposes. Saffron is often used in food and beverage applications to give it a unique color, aroma, and taste. It is often used in rice dishes, pastries, soups, and desserts. The growing popularity of ethnic cuisines, especially Indian and Iranian cuisine, has increased the demand for saffron in the food and beverage industry.

Saffron is an integral part of these culinary traditions, lending its unique color, aroma, and flavor to everything from aromatic curries and aromatic rice preparations to delicately spiced desserts and refreshing drinks. It is used in a wide range of dishes. Therefore, the high demand for saffron from the food & beverages segment is anticipated to augment the growth of the Global Saffron Market in the forecast period.

Read Full Report @ https://www.marknteladvisors.com/research-library/saffron-market.html             

By Region

North America

South America

Europe

The Middle East & Africa

Asia-Pacific

About MarkNtel Advisors:

MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

Being one of the most efficient market research companies in India, our specialized team of experienced & efficient market research professionals is capable of grasping every minute and valuable information & data of the market to offer our clients with satisfactory details. Our company has served the biggest market research firms in India at leading positions and is proficient in managing all types of market research projects.

Have an Any Query,

Call Us - US Office: +1 628 895 8081

Email - [email protected]

Address Sales Office: 564 Prospect St, B9, New Haven, Connecticut, USA-06511

Address Corporate Office: Office No.109, H-159, Sector 63, Noida, Uttar Pradesh-201301, India