Clean-Label Ingredients Market with Top Companies, Gross Margin, and Forecast 2030
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.
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.
Global Clean Label Ingredients Market –
Regional Analysis
The European region is expected to retain
its dominance over the global clean label ingredients market. People in the
region are more concerned with their personal health and wellbeing; this
alongside, the change in lifestyle are factors driving the growth of the
market. Countries such as Germany, and the UK, are significant contributors to
the regional market growth.
Moreover, the presence of a sizeable
F&B industry and the well-established market players in the region foster
the regional market. Furthermore, increasing disposable income alongside, the
burgeoning pharmaceuticals industry led by the resurging economy in the region
positively influence the growth of the clean label ingredients market.
The clean label ingredients market in the
Asia Pacific region is another profitable market, globally. Increasing consumer
awareness and high inclination towards using authentic products are allowing
the regional market to witness substantial growth. Owing to the government
support and the high focus on food & beverage manufacturers in clean label
ingredients, the region would register a significant CAGR over the forecast
period.
Also, factors such as the increasing
importance of the preservation and enhanced shelf life of the food products are
expected to boost the market demand for clean label ingredients in the APAC
region. Moreover, favorable regulations aimed at promoting foreign investments
in pharmaceutical and food & beverage industry is another major factor
propelling the growth of the regional market.
The North America clean label ingredients
market is growing rapidly, mainly due to the presence of key end-use industries
like food processing and beverages. Factors such as the continuous R&D
efforts led by the well-developed economy foster the growth of the regional
market. The US, backed by the increasing awareness about the benefits of clean
label ingredients, accounts for a higher consumption of clean label
ingredients.
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.
NOTE: Our Team of Researchers are
Studying Covid19 and its Impact on Various Industry Verticals and wherever
required we will be considering Covid19 Footprints for Better Analysis of
Market and Industries. Cordially get in Touch for More Details.
Contact us:
Market Research Future (part of
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