Saffron Market: Industry Analysis and Forecast (2024-2030) Trends, Statistics, Dynamics, Segmentatio
Saffron, known as Crocus sativus, is a spice derived from the flowers of the Crocus sativus plant. Its three delicate red stigmas are handpicked and dried to create saffron threads. Renowned for its distinct flavor, aroma, and vibrant color, saffron has various applications in the culinary, medicinal, and cosmetic domains due to its antioxidant, anti-inflammatory, and other therapeutic properties. It holds a prominent position as one of the most expensive and sought-after spices globally. The saffron market has experienced steady growth, valued at millions of dollars annually.