Clean-Label Ingredients Market Overview
Clean-Label Ingredients Market Projected to Reach USD 41.8 Billion By 2030, At 14.56% CAGR By 2023– 2030
Clean label ingredients refer to food additives that are naturally sourced and have no artificial or chemical process associated with it. Over the past few years, the clean label ingredients market has been increasing pervasively. Increasing awareness among consumers about the benefits of clean label food cosmetics predominantly drives market growth. Consumers nowadays are increasingly demanding food products containing natural and pure ingredients which are fostering the clean label ingredients market.
The North America clean-label ingredients market is experiencing robust growth, driven by the increasing consumer demand for natural and transparent food products. Clean-label ingredients are food additives or ingredients that are minimally processed and free from artificial chemicals, additives, and preservatives. They are often perceived as healthier and safer alternatives to conventional ingredients, leading to their growing popularity among consumers.
Clean label products have become a trend in the food beverages and cosmetic industry, which, as a result, influences the growth of the market, positively. Additional factors such as changing lifestyle and consumers’ preference for convenience food and packaged frozen foods are boosting the growth of the market, increasing the use of food additives. Growing health concerns among the growing global population, together with the benefits of clean label ingredients, are fostering the growth of the market.
Global Clean Label Ingredients Market – Competitive Landscape
Highly competitive, the clean label ingredients market appears to be fragmented characterized by the presence of several well-established players. To gain a competitive advantage in this market, mergers acquisitions, brand reinforcement, and innovations remain key strategies for key players. These players are also making considerable investments in innovation and expansion of their clean label ingredients business. They compete based on price, quality, reputation, service, and distribution channel. The market would witness fierce competition due to the predicted product innovations.
Major Players
The global clean label ingredients key market players include Archer Daniels Midland Company (US), Cargill Inc. (US), Koninklijke DSM NV (The Netherlands), Ingredion Incorporated (US), Kerry Group PLC. (Republic of Ireland), Tate Lyle PLC (US), DuPont (US), Chr. Hansen A/S (Denmark), Sensient Technologies Corporation (US), and Corbion N.V. (The Netherlands), among others.
Global Clean Label Ingredients Market – Segmentation
The clean label ingredients market report is segmented into four market dynamics to widen the scope of understanding,
By Type : Emulsifier, Stabilizer, and Thickeners (EST), Colorants, Flavor, and Preservatives, among others.
By Form : Dry and Liquid, among others.
By Application : Bakery Confectionery, Dairy Frozen Desserts, Beverages, Oils Fats, and Meat Products, among others.
By Regions : Asia Pacific, North America, Europe, and the Rest-of-the-World.
Industry/ Innovation/Related News:
July 30, 2019 ---- Ingredion Incorporated (the US), an Ingredient solution provider launched tapioca-based co-texturizer for instant high-water, dry powder mix applications, such as instant hot drinks, soups, and desserts. The new product - Novation Indulge 3620 starch meets the clean label criteria in the UK, France, Ireland, and associated EU legislation, as well as the global ISO Technical Specification. The innovation would further allow manufacturers to tap into the lucrative clean label and natural trends, as the product marks an expansion of clean label functionality in the beverage category to include instant applications, notes the company.
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