PUBLISHER: Orion Market Research | PRODUCT CODE: 1215761
PUBLISHER: Orion Market Research | PRODUCT CODE: 1215761
Title:Global Clean Label Ingredients Market Size, Share & Trends Analysis Report by Type (Natural Colors, Natural Flavors, Starch & Sweetener, Preservatives, and Others), By Form (Dry and Liquid), and by Application (Food and Beverages) Forecast Period (2022-2028).
The global clean label ingredients market is anticipated to grow at a substantial CAGR of 6.6 % during the forecast period. The rising preference for clean label products globally is boosting the market to grow at a substantial rate over the forecast period. Nowadays, the consumers are with heightened concerns about ingredients and will not buy products that have certain ingredients in them. For instance, according to the International Food Information Council's (IFIC) June 2021 survey, In the US, 63% of adults say the ingredients in a food or beverage have at least a moderate influence on what they buy, and 64% say they try to choose foods made with clean ingredients.
The global clean label ingredients market is segmented based on the type, form, and Application. Based on the type, the market is augmented into natural colors, natural flavors, starch & sweetener, preservatives, and others. Based on the form, the market is sub-segmented into dry and liquid. Based on the application, the market is bifurcated into food and beverages. The increasing use of natural preservatives to increase the shelf life of the products, maintain the food and beverage quality, and reduce the spoilage by microorganisms is expected to provide a strong growth to the preservative segment over the forecast period.
Geographically, the global clean label ingredients market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. Among all regions, the North American region is expected to hold a prominent share in the market during the forecast period. The increasing number of consumers becoming health-conscious regarding the food and beverage they are consuming is expected to propel the growth of the market during the forecast period. Moreover, the presence of a large number of players in the region developing products is further surging the market growth.
The major companies serving the global clean label ingredients market include Archer-Daniels-Midland Co., Brisan Group, Cargill, Inc., Chr. Hansen A/S, Corbion N.V., DuPont de Nemours, Inc., Ingredion Inc., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in May 2020, Arla Foods Ingredients launched a clean-label concept to help brands meet the growing demand for ambient yogurt in China. The new solution uses Nutrilac YO-4575, a 100% natural whey protein that is unique due to its heat-stability and texturizing properties. It keeps ambient products smooth and stable throughout shelf life without the need for additives or preservatives.
Research Methodology
The market study of the global clean label ingredients market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to break down the market into various segments, and derive the total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
Secondary Sources Include:
The report provides an in-depth analysis of the market size, and intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation
The Report Covers: