Press release
Clean Label Ingredients Market is Anticipated to Grow at a CAGR of 7.80% by 2024 - Cargill, Kerry Group PLC, E.I. Dupont De Nemours and Company, Archer Daniels Midland Company, Koninklijke DSM N.V., Tate & Lyle PLC
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Major market players in Clean Label Ingredients Industry are Cargill, Kerry Group PLC, E.I. Dupont De Nemours and Company, Archer Daniels Midland Company, Koninklijke DSM N.V., Tate & Lyle PLC, Ingredion Incorporated, Groupe Limagrain, Chr. Hansen A/S, Brisan, Sensient Technologies Corporation, and other 10 more companies detailed information is provided in research report. Better global reach, both at production and at an operational level are the main reasons for holding this highest Industry share for Cargill.
New product launches and growing research and development expenditures to address changing demand of end users in recent years are also driving this Industry. Organic growth strategies such as merger and acquisition were adopted by these top manufacturers in recent years has provided comprehensive Industry opportunities for various stakeholders in the value chain.
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SWOT Analysis of Clean Label Ingredients Industry:
Strength:
Increasing number organic product launches is driving the demand
Growing EU and FDA regulations on maintaining the food quality standard
Weakness:
Comparatively high price for clean label ingredients
Sustaining the taste developed by artificial ingredients over the years
Opportunities:
The Gluten-Free Claims in the new product launches has increased across regions especially in the U.S and Europe.
Changing lifestyle in the untapped emerging Industry pose an opportunity for producers
Threats:
Booming consumer inclination for allergen-free processed food poses a challenge for the manufacturer.
Estimating the demand to cater production capacity
Economical and uninterrupted Raw material supply for the production
The natural flour segment is expected to hold the maximum Industry share during the forecasted period. With the increasing popularity and varied application base in bakery, confectionary, packaged foods demand natural flour applications are helping this Industry to grow. Natural colors segment is projected to be the fastest growing Industry in the forecasted period with the growing concern about the artificial color usage in the food item.
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Clean Label Ingredients Industry Segmentation:
By Formulation
• Dry
• Liquid
• Key Industry Players
By Type
• Natural Flavors
• Natural Colors
• Flours
• Malt
• Fruits ingredients
• Starch & Sweeteners
By Application
• Food
• Beverages
By Type
• Natural Flavors
• Natural Colors
• Flours
• Malt
• Fruits ingredients
• Starch & Sweeteners
By Region
North America
• USA
• Canada
Europe
• Germany
• U.K.
• France
• Italy
• Rest of Europe
APAC
• China
• India
• Japan
• Rest of Asia-Pacific
RoW
• Latin America
• Middle East & Africa
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