Growing Consumer Preferences for Organic and Natural Ingredients Fuels the Growth of the Clean Label Ingredients Market


Posted March 29, 2024 by ankitabarure

The growth of this market is attributed to the growing consumer preferences for organic and natural ingredients, increasing focus on health & wellness
 
Clean Label Ingredients Market by Ingredient Type (Flours, Colors, Flavors, Preservatives, Starch), Source (Plant-Based), Form (Dry Form, Liquid Form), Application (Food {Bakery and Confectionery, Meat Products} and Beverages)— Global Forecast to 2030,’ the clean label ingredients market is projected to reach $80.69 billion by 2030, at a CAGR of 6.9% from 2023 to 2030.

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Clean label ingredients are natural, minimally processed, simple, and free from artificial ingredients and chemicals used in food and beverage applications. These ingredients are sourced from organic or non-GMO and are perceived as safer, healthier, and more environmentally friendly than artificial ingredients. The increasing consumer preferences for natural & organic foods and growing health concerns associated with artificial ingredients are propelling the demand for clean label ingredients. Clean label ingredients avoid artificial ingredients, such as artificial colors, flavors, sweeteners, and preservatives.

The global clean label ingredients market is characterized by a moderately competitive scenario due to many large and small-sized global, regional, and local players. The key players operating in the global clean label ingredients market are Archer-Daniels-Midland Company (U.S.), BENEO GmbH (Part of Südzucker AG) (Germany), Brisan Group (U.S.), Cargill, Incorporated. (U.S.), Chr. Hansen Holding A/S (Denmark), Corbion NV (Netherlands), Groupe Limagrain Holding (France), Ingredion Incorporated (U.S.), International Flavors & Fragrances Inc. (U.S.), Kerry Group plc (Ireland), Koninklijke DSM N.V. (Netherlands), Sensient Technologies Corporation (U.S.), and Tate & Lyle PLC (U.K.).

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The global clean label ingredients market is segmented based on ingredient type (flour {wheat flour, corn flour, rice flour, and others}, colors, flavors, preservatives, sweeteners, starch, and other ingredients), source (plant-based source and other sources), form (dry and liquid form), application (food {bakery and confectionery, condiments, dairy and frozen dessert, ready-to-eat foods, meat products, and other foods}, beverages), and geography (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa). The study also evaluates industry competitors and analyses the market at the regional and country levels.

Key Findings in the Global Clean Label Ingredients Market Study:
Among all the ingredient types studied in this report, the flour segment is expected to account for the largest share of the global clean label ingredients market in 2023 owing to the rapidly growing global processed food industry and rising demand for clean label wheat, rice, and corn flour from bakery and confectionery products, sauces and dressings, dairy products, packaged meal, and processed foods products around the world. Moreover, the increasing number of health-conscious consumers, rising per capita spending on nutritious foods, and rising demand for natural and organic foods are further expected to support the growth of this market.

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Furthermore, based on type, the global clean label flour market is further segmented into wheat flour, corn flour, rice flour, and others. In 2023, the clean label wheat flour segment is expected to account for the largest share of the global clean label flour market because of the growing global bakery industry and demand for gluten-free, non-GMO, and organic wheat flour from the bakery & confectionary industry.

Key Players
The report offers a competitive analysis based on an extensive assessment of the leading players’ product portfolios and geographic presence and the key growth strategies adopted by them in the last 3–4 years. Some of the key players operating in the clean label ingredients market are Archer-Daniels-Midland Company (U.S.), BENEO GmbH (Part of Südzucker AG) (Germany), Brisan Group (U.S.), Cargill, Incorporated (U.S.), Chr. Hansen Holding A/S (Denmark), Corbion NV (Netherlands), Groupe Limagrain Holding (France), Ingredion Incorporated (U.S.), International Flavors & Fragrances Inc. (U.S.), Kerry Group plc (Ireland), Koninklijke DSM N.V. (Netherlands), Sensient Technologies Corporation (U.S.), and Tate & Lyle PLC (U.K.).

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Issued By ankitab
Country India
Categories Internet , Marketing
Last Updated March 29, 2024