Upcoming Growth Trends in the Clean Label Ingredients Market

The clean label ingredients market is estimated to reach USD 47.10 Billion by 2022, growing at a CAGR of 6.6% from 2016 to 2022. The rise in clean label product launches that is fueled by an increase in the consumer demand for clean label food products to drive consumption of clean label ingredients and health issues associated with artificial food additives and food safety incidents are the factors driving this market.

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'Clean label' ingredients are defined as food additives and ingredients such as colors, flavors, fruit & vegetable ingredients, starch & sweeteners, flours, malt, and others that comply with any or all of the primary factors, and at least one of the secondary factors. Primary factors include fewer product ingredients with no chemical name and easy to understand, no artificial additives or ingredients; secondary factors include natural, organic and non-GMO.

The clean label ingredients market, based on application, has been segmented into beverages, dairy & frozen desserts, bakery, prepared food/ready meals & processed foods, cereals & snacks, and others which include condiment/culinary products (sauces, dressings, dips, and spreads). The prepared food/ready meals & processed foods segment dominated the global market in 2015. The dominance of this application can be attributed to the busy lifestyles of consumers due to which they prefer convenience foods. The market for cereals & snacks is projected to be the fastest growing from 2016 to 2022, due to increase in the number of snacking occasions between meals owing to which consumers are demanding convenient and healthier alternatives to junk food.

Clean label ingredients, by form, has been segmented into dry and liquid. The dry form is the largest and the fastest growing segment. This is due to its stability and ease in handling during supply chain activities. Furthermore, ease in production at lower costs together with their convenience in usage in a wide range of food & beverage products has further driven the demand for the dry form of ingredients.

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The clean label ingredients market in the Asia-Pacific region is driven by the growing consumer awareness and increasing health consciousness with regards to the ill effects of artificial ingredients.

This report includes a study of marketing and development strategies, along with the product portfolios of leading companies. It includes the profiles of leading companies such as Cargill (U.S), Archer Daniels Midland Company (U.S), Koninklijke DSM N.V. (Netherlands), E. I. du Pont de Nemours and Company (U.S.), and Kerry Group Plc (Ireland). Other players that are active in the industry are Ingredion Incorporated (U.S), Tate & Lyle PLC (U.K), Sensient Technologies Corporation (U.S), Corbion N.V. (Netherlands), Groupe Limagrain (France), Chr. Hansen (Denmark), and Brisan (U.S.).

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