Saffron is finding wider applications across the food, pharmaceutical, and personal care industries due to its unique flavor, natural coloring properties, and bioactive compounds. According to the Saffron Market Report by MarkNtel Advisors, the global market was valued at USD 684 million in 2023 and is projected to grow at a CAGR of 7.5% during 2024–2030, supported by rising demand for premium natural ingredients and expanding end use applications.
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