Saffron Extracts Market Size, Share, Forecast, & Industry Analysis 2029

 

The saffron extracts market which was valued at USD 0.5 billion in 2021 is expected to reach the value of USD 0.92 billion by 2029, at a CAGR of 7.9% during the forecast period of 2022-2029.


 The global saffron market is expected to grow at a breakneck pace in the coming years. The growing popularity of herbal plants and plant-derived spices has opened up new opportunities for growth in the global saffron market. The use of premium spices in high-end industries such as food and beverages, pharmaceuticals, and medicine has fuelled the global market growth.

The saffron extracts market is segmented on the basis of nature, form and application. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.



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