The global clean label ingredient market is projected to reach $73.7 billion by 2028, at a CAGR of 6.8% during 2023-2028. The growth of clean label ingredient market is driven by increasing demand for clean label food products and health issues associated with artificial food. Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the clean label ingredient market by type (colors, flavors, fruit and vegetable ingredients, starch and sweeteners, flour, and others), application (beverages, dairy and frozen desserts, bakery, prepared foods, and cereals and snacks), form (dry form and liquid form), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the clean label ingredient market?
Q.4 What are some changing demands of customers in the clean label ingredient market?
Q.5 What are the new developments in the clean label ingredient market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this clean label ingredient area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this clean label ingredient market?
Emerging trends, which have a direct impact on the dynamics of the industry, include the increased acceptance of natural colors.
Market Segmentation:
Based on type, the clean label ingredient market is segmented into colors, flavors, fruit and vegetable ingredients, starch and sweeteners, flour, and others. The colors segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to increasing demand for natural colors in a variety of food manufacturing process.
Asia Pacific is expected to witness the highest growth over the forecast period, supported by rapid industrialization, growing food and beverage industry, and increasing awareness of the health benefits associated with clean label ingredients.
Key Players in the clean label ingredient market are Cargill, Tate & lyle, Archier Daniels Midland, Kerry, Ingredion, DuPont, DSM, and Sensient.
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