The global Clean Label Ingredients market was valued at USD 32.65 billion in 2016 and is projected to reach USD 56.57 million by 2025, growing at a CAGR of 6.3% from 2017 to 2025.
Clean Label Ingredients have been receiving much attention from the past few years owing to consumer awareness regarding synthetic ingredients. The rising awareness regarding nutrition as well as sources from where ingredients are sourced are driving the demand for these products. The market faces a major threat from artificial ingredients as they have a larger market penetration.
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1. Market Drivers
1.1 Rise in clean label product launches
1.2 Health issues associated with food additives
2. Market Restraints
2.1 Popularity of artificial ingredients
2.2 High cost of clean ingredients
The global Clean Label Ingredients market is segmented on the type, form, application, and region.
1. By Type:
1.1 Natural Flavors
1.2 Natural Colors
1.5 Starch and Sweeteners
1.6 Vegetable and Fruit Ingredients
2. By Form:
3. By Application:
3.3 Snacks and Cereals
3.4 Ready Meals/Processed Foods
3.5 Frozen and Dairy Desert
4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa
The major players in the market are as follows:
3. Archer Daniels Midland Company
4. Chr. Hansen A/S
5. Koninklijke DSM NV
6. Groupe Limagrain
7. EI Du Pont De Nemours
8. Corbion NV
9. Kerry Group PLC
10. Sensient Technologies Corporation
12. Tate and Lyle PLC
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Clean Label Ingredients market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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