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Saffron Market 2034: Future Prospects, Key Drivers, and Global Demand Forecast
As per the latest analysis, the worldwide saffron market is estimated to be valued at US$ 337.9 million in 2024 and is anticipated to reach US$ 687.8 million by 2034. Over the next decade, global demand for saffron will likely increase at a CAGR of 7.4%.
Sales of saffron threads are expected to outpace those of powder and liquid ones. This is due to several advantages of saffron threads. The target segment is projected to account for a value share of 78.7% in 2024.
Multiple factors are set to spur the growth of the saffron industry during the
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Food Preservatives Market 2033: Anticipated Growth, Emerging Technologies
The global food preservatives market is predicted to register a CAGR of 6.8% over the forecast period, as per FMI’s analysis. The industry’s market valuation is anticipated to increase from US$ 2,965.62 million in 2023 to US$ 5,725.70 million by 2033 end.
The clean label movement is gaining traction, which has raised consumer interest in and knowledge of food ingredients. For this reason, top food preservative manufacturers are resorting to natural means of preserving food for longer periods of time. The continued use of food preservatives in food
