Clean Label Ingredients Market Set to Soar, Anticipated to Reach $80.69 Billion by 2030

Redding California, March - Meticulous Research®, a leading market intelligence provider, has released an exclusive report, 'Clean Label Ingredients Market by Ingredient Type, Source, Form, Application, and Geography-Global Forecast to 2030,' on XX 2023. The report forecasts the clean label ingredients market to attain a remarkable value of $80.69 billion by 2030, exhibiting a robust CAGR of 6.9% from 2023 to 2030.

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Evolution of Clean Label Ingredients
Clean label ingredients, characterized by being natural, minimally processed, and devoid of artificial additives and chemicals, are gaining significant traction in the food and beverage sector. Sourced from organic or non-GMO origins, these ingredients are perceived as safer, healthier, and more environmentally friendly compared to their artificial counterparts. The escalating consumer preference for natural and organic foods, coupled with rising health concerns linked to artificial ingredients, is fueling the demand for clean label ingredients. Notably, clean label ingredients exclude artificial additives such as colors, flavors, sweeteners, and preservatives.

Key Players Shaping the Market Landscape
The global clean label ingredients market presents a moderately competitive landscape, hosting numerous large and small-sized players globally, regionally, and locally. Key industry players driving innovation and shaping the market include Archer-Daniels-Midland Company (U.S.), BENEO GmbH (Part of Südzucker AG) (Germany), Brisan Group (U.S.), Cargill, Incorporated. (U.S.), Chr. Hansen Holding A/S (Denmark), Corbion NV (Netherlands), Groupe Limagrain Holding (France), Ingredion Incorporated (U.S.), International Flavors & Fragrances Inc. (U.S.), Kerry Group plc (Ireland), Koninklijke DSM N.V. (Netherlands), Sensient Technologies Corporation (U.S.), and Tate & Lyle PLC (U.K.).

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Insights from the Global Clean Label Ingredients Market Study
Ingredient Type Segment: In 2023, the flour segment is anticipated to dominate the global clean label ingredients market, driven by the surging global processed food industry. The rising demand for clean label wheat, rice, and corn flour across bakery and confectionery products, sauces and dressings, dairy products, packaged meals, and processed foods is contributing to this dominance.

Clean Label Flour Market: Within the flour segment, clean label wheat flour is projected to hold the largest share in 2023. This is attributed to the flourishing global bakery industry and the increasing demand for gluten-free, non-GMO, and organic wheat flour in the bakery and confectionary sector.

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Form Segment: The dry form is predicted to dominate the global clean label ingredients market in 2023, driven by the heightened demand for its advantages over liquid form ingredients. These advantages include easy storage, extended shelf life, handling flexibility, and cost-effectiveness.

Application Segment: In 2023, the food segment is projected to lead the clean label ingredients market, yet the beverages segment is anticipated to register the highest CAGR from 2023 to 2030. This growth is attributed to increasing consumer inclination towards natural and healthy beverages, coupled with rising demand for plant-based beverages.

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Geographical Insights: North America is expected to secure the largest share in the global clean label ingredients market in 2023. The region's dominance is attributed to the presence of a large number of food manufacturers, growing demand for organic, vegan, and plant-based food and beverages, and an increasing focus on health and wellness. Stringent regulations from the U.S. Food and Drug Administration (FDA) on artificial food ingredients further contribute to the demand for clean label food ingredients in the region.

Mr. Khushal Bombe
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This release was published on openPR.