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United Kingdom Saffron Extract Market Size, Share, Growth: By Nature: Organic, Conventional; By Form: Thread, Liquid, Powder; By Application: Food and Beverage, Pharmaceuticals, Cosmetics and Personal Care, Dietary Supplements, Others; Regional Analysis; Market Dynamics: SWOT Analysis; Competitive Landscape; 2024-2032
United Kingdom Saffron Extract Market Size
The United Kingdom saffron extract market is projected to grow at a CAGR of 5.90% between 2024 and 2032.
United Kingdom Saffron Extract Market Outlook
- As per the industry reports, the retail price for saffron ranges between USD 1,334.64 to USD 6,071.91 per kilogram in the United Kingdom.
- The saffron crocus species is durable to the harsh winters of the United Kingdom, which makes it suitable for growth in the region.
- A dried saffron constitutes about 65% carbohydrates, 11% protein, 12% water, and 6% fat.
United Kingdom Saffron Extract Market Growth
The ample number of health benefits of saffron, growing usage in the food and beverage sector, and rising implementation in the skincare and cosmetic products are some of the influential factors bolstering the saffron extract market growth. Saffron extract is rich in antioxidants such as crocin, crocetin, safranal, and kaempferol which can reduce the risk of chronic diseases and promote overall well-being. As per several studies, it can elevate the serotonin levels in the brain and mitigate the effects of anxiety and depression.
The saffron extract can find widespread applications in the cuisines of the region where it can provide its flavour and aroma, enhancing the overall appeal of food products. It also acts as a natural food colourant as it can add a golden yellow hue to the food, fulfilling the growing consumer requirement for clean labels and natural ingredients. Meanwhile, in skincare products, saffron extract is utilised to even out skin tone and remove hyperpigmentation as well as prevent signs of premature ageing.
United Kingdom Saffron Extract Industry Segmentation
“United Kingdom Saffron Extract Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:
Market Breakup by Nature
- Organic
- Conventional
Market Breakup by Form
- Thread
- Liquid
- Powder
Market Breakup by Application
- Food and Beverage
- Pharmaceuticals
- Cosmetics and Personal Care
- Dietary Supplements
- Others
Market Breakup by Region
- England
- Wales
- Scotland
- Northern Ireland
United Kingdom Saffron Extract Market Share
Saffron threads account for a major share as this form is less likely to be adultered compared to liquid and powder forms, offering superior quality and purity and can also be added to the culinary dishes to enhance their aesthetic appeal and aroma. Liquid saffron, on the other hand, is expected to gain robust growth in the coming years as it finds growing usage in food and beverage products which require precise and even distribution of colour and flavour.
Leading Companies in United Kingdom Saffron Extract Market
The market players are introducing novel production technologies to stay ahead in the competition.
- Daylesford Organic Limited
- McCormick & Company, Inc. (McCormick (UK) Ltd.)
- JustIngredients Limited
- Tropical Sun Foods
- East End Foods Ltd
- Waitrose & Partners
- Lakeland
- Others
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Nature |
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| Breakup by Form |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 United Kingdom Saffron Extract Market Overview
8.1 Key Industry Highlights
8.2 Europe Saffron Extract Historical Market (2018-2023)
8.3 Europe Saffron Extract Market Forecast (2024-2032)
8.4 Europe Saffron Extract Market Share by Country
8.4.1 United Kingdom
8.4.2 Germany
8.4.3 France
8.4.4 Italy
8.4.5 Others
9 United Kingdom Saffron Extract Market Overview
9.1 Key Industry Highlights
9.2 United Kingdom Saffron Extract Historical Market (2018-2023)
9.3 United Kingdom Saffron Extract Market Forecast (2024-2032)
10 United Kingdom Saffron Extract Market by Nature
10.1 Organic
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Conventional
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
11 United Kingdom Saffron Extract Market by Form
11.1 Thread
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Liquid
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Powder
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
12 United Kingdom Saffron Extract Market by Application
12.1 Food and Beverage
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Pharmaceuticals
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Cosmetics and Personal Care
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Dietary Supplements
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
12.5 Others
13 United Kingdom Saffron Extract Market by Region
13.1 England
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Wales
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Scotland
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 Northern Ireland
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators of Demand
14.4 Key Indicators of Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Daylesford Organic Limited
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 McCormick & Company, Inc. (McCormick (UK) Ltd.)
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 JustIngredients Limited
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Tropical Sun Foods
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 East End Foods Ltd.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Waitrose & Partners
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Lakeland
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Europe Saffron Extract Market: Key Industry Highlights, 2018 and 2032
2. United Kingdom Saffron Extract Market: Key Industry Highlights, 2018 and 2032
3. United Kingdom Saffron Extract Historical Market: Breakup by Nature (USD Million), 2018-2023
4. United Kingdom Saffron Extract Market Forecast: Breakup by Nature (USD Million), 2024-2032
5. United Kingdom Saffron Extract Historical Market: Breakup by Form (USD Million), 2018-2023
6. United Kingdom Saffron Extract Market Forecast: Breakup by Form (USD Million), 2024-2032
7. United Kingdom Saffron Extract Historical Market: Breakup by Application (USD Million), 2018-2023
8. United Kingdom Saffron Extract Market Forecast: Breakup by Application (USD Million), 2024-2032
9. United Kingdom Saffron Extract Historical Market: Breakup by Region (USD Million), 2018-2023
10. United Kingdom Saffron Extract Market Forecast: Breakup by Region (USD Million), 2024-2032
11. United Kingdom Saffron Extract Market Structure
Key Questions Answered in the Report
The market is estimated to grow at a CAGR of 5.90% between 2024 and 2032.
The market is being driven due to the ample number of health benefits of saffron, growing usage in the food and beverage sector, and rising implementation in skincare and cosmetic products.
The key trends aiding the market include growing demand for organic ingredients, rising implementation in the pharmaceutical sector, and technological advancements in the production process.
Regions considered in the market are England, Wales, Scotland, and Northern Ireland, among others.
Based on nature, market segmentations include organic and conventional.
Different types of forms are thread, liquid, and powder.
The major players in the market are Daylesford Organic Limited, McCormick & Company, Inc. (McCormick (UK) Ltd.), JustIngredients Limited, Tropical Sun Foods, East End Foods Ltd, Waitrose & Partners, and Lakeland, among others.
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