Press release
Clean Label Mold Inhibitors Market Forecast 2025-2034: Analysing Major Trends, Opportunities, and Growth Drivers
Which drivers are expected to have the greatest impact on the over the clean label mold inhibitors market's growth?The expansion of the food industry is anticipated to fuel the progression of the clean label mold inhibitor market in the future. The term "food industry" pertains to the intricate arrangement of enterprises and operations related to the manufacture, processing, distribution, and selling of food items. This industry's expansion can be attributed to aspects such as biofuel development, population increase, and escalating energy prices. Clean label mold inhibitors are substances obtained from natural origins which are utilized to prolong the shelf life of food items without deteriorating their quality or safety. For instance, data from the Australian Bureau of Statistics, an Australian governmental statistical organization, revealed that in April 2024, food and non-alcoholic beverages' sales in Australia's supermarkets, grocery stores, convenience stores, and distinctive food stores reached 15.1 million metric tons in the fiscal year 2021-22, indicating an uptick compared to the 14.8 million metric tons sold in the prior fiscal year of 2020-21. Therefore, the surging food industry is predicted to foster the development of the clean label mold inhibitor market in the future.
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What is the future CAGR of the clean label mold inhibitors market, and how will it impact industry expansion?
The market size for clean label mold inhibitors has witnessed swift expansion over the past few years. It's projected to surge from $1.72 billion in 2024 to $1.9 billion in 2025, at a compound annual growth rate (CAGR) of 10.3%. Factors contributing to the growth during the historic period include heightened consumer demand for natural components, escalated health alertness, regulatory insistence on transparent food labeling, advancements in food conservation technology, rising food safety cognizance, the proliferation of natural and organic food sectors, and the sway of social media on consumer tastes and preferences.
Rapid expansion is anticipated in the clean label mold inhibitors market in the upcoming years, with a projection to reach $2.79 billion by 2029, charting a compound annual growth rate (CAGR) of 10.1%. This growth in the projected period is due to factors such as regulatory constraints, progression in preservation methodologies, broadening product applications, increased food safety awareness, and a shift towards organic and non-GMO goods. Top trends for the forecast period include improvements in formulation technologies, increased regulatory backing for clean label goods, growing prevalence in the bakery sector, enhanced focus on extending shelf-life, an uptick in health-aware consumer habits, and a leap in inventive ingredient procurement.
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What are the most significant trends transforming the clean label mold inhibitors market today?
Leading firms in the clean label mold inhibitors market are advancing in the creation of novel products, such as clean-label preservatives, to meet the ever-expanding demands of their customers. Clean-label preservatives, which are either natural or minimally processed, are employed to lengthen food product's shelf life while also preserving straightforward and easily comprehensible labeling. For example, BioVeritas LLC, a startup based in the United States that specializes in bio-based ingredients, unveiled a clean-label mold inhibitor in July 2023. This one-of-a-kind ingredient retains the taste and structure of the final product and is made via a unique upcycling and fermentation process that makes use of surplus biomass to generate propionic acid. This natural preservative is frequently used in the bakery industry, offers improved cost-effectiveness, and reduces carbon emissions due to its lower advised dosage and the application of biomass instead of petrochemicals.
Which key market segments comprise the clean label mold inhibitors market and drive its revenue growth?
The clean label mold inhibitors market covered in this report is segmented -
1) By Ingredient: Vinegar, Starch, Whey, Fermented Flour, Other Ingredients
2) By Source: Plants, Animals, Microorganisms
3) By End-User: Food And Beverages, Pharmaceuticals, Animal Feed, Personal Care And Cosmetics, Other End-Users
Subsegments:
1) By Vinegar: Apple Cider Vinegar, White Vinegar, Other Vinegar Types
2) By Starch: Potato Starch, Corn Starch, Tapioca Starch, Other Starch Types
3) By Whey: Whey Protein, Whey Powder, Whey Concentrate
4) By Fermented Flour: Rice Fermented Flour, Wheat Fermented Flour, Other Fermented Flour Types
5) By Other Ingredients: Essential Oils, Salt, Plant Extracts, Organic Acid
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North America was the largest region in the clean label mold inhibitors market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the clean label mold inhibitors market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the leading players fueling growth in the clean label mold inhibitors market?
Major companies operating in the clean label mold inhibitors market are DuPont Inc., Koninklijke DSM N.V., Kerry Group plc, Lesaffre et Compagnie, Tate & Lyle PLC, Corbion NV, Lallemand, Chr. Hansen Holding A/S, Balchem Corporation, Glanbia Nutritionals, Kemin Industries Inc., Grain Millers Inc., Prathista Industries Limited, Puratos Group, Thymly Products Inc., Bentoli Inc., J&K Ingredients Corp., Indo Bakels Pvt. Ltd., Handary SA, A&B Ingredients Inc., ProByn International Inc., Vaishnavi Bio Tech International Limited, BioVeritas LLC
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What Is Covered In The Clean Label Mold Inhibitors Global Market Report?
•Market Size Forecast: Examine the clean label mold inhibitors market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the clean label mold inhibitors market for a structured understanding.
•Key Players Overview: Analyze major players in the clean label mold inhibitors market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the clean label mold inhibitors market.
•Segment Contributions: Evaluate how different segments drive overall growth in the clean label mold inhibitors market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the clean label mold inhibitors market.
•Industry Challenges: Identify potential risks and obstacles affecting the clean label mold inhibitors market.
•Competitive Landscape: Review strategic developments in the clean label mold inhibitors market, including expansions, agreements, and new product launches.
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