Clean Label Ingredients Market Forecast, 2022-2027
Clean Label Ingredients Market size is estimated to reach $62.8 billion by 2027, growing at a CAGR of 6.7% during the forecast period 2022-2027. The clean label indicates food supplements or ingredients pertaining to fruits, vegetables, colors, flavors, flours, starch, sweeteners, malt, and others that conform to any or all of the principal determinants (like fewer product ingredients with no chemical name, effortless to comprehend, no artificial supplements) and a minimum of one secondary determinant (inclusive of natural, organic and non-GMO products). In an endeavor to eliminate constituents from food without jeopardizing the product taste, texture, security, and shelf life, biobased ingredients like lactic acid and lactates are opted for together with abundant know-how or skill. Carbon has developed Verdad® for the meat industry which is their family of natural and clean label solutions that deliver on food safety, shelf life, and added functionalities. Their Verdad® Ferments are really rare blends of cultured corn sugar and vinegar that offer food safety and expand shelf life without jeopardizing the eating experience for consumers. The proliferating health issues associated with the intake of artificial food supplements in conjunction with the raised awareness of health and caution regarding food safety amidst consumers is set to drive the Clean Label Ingredients Market. The surging inclination of parents towards clean label ingredients-based food like food based on biobased ingredients like lactic acid and lactates owing to the burgeoning demand for transparent and organic ingredients aimed at children is set to propel the growth of the Clean Label Ingredients Market during the forecast period 2022-2027. This represents the Clean Label Ingredients Industry Outlook.
Report Coverage
The report: “Clean Label Ingredients Market Forecast (2022-2027)”, by Industry ARC, covers an in-depth analysis of the following segments of the Clean Label Ingredients Market.
By Form: Powder, Liquid.
By Type: Natural Colors, Natural Flavors, Fruit & Vegetable Ingredients, Starch And Sweeteners, Flour, Malt, Culinary Products, Others (Cereal Ingredients Like Bran And Fibers, Natural Preservatives, Fermentation Ingredients).
By Application: Beverages, Cereals And Snacks, Bakery, Prepared Food/Ready Meals And Processed Foods, Dairy & Frozen Desserts.
By Geography: North America (the U.S, Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, Russia and Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand, and Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia, Rest of South America), and Rest Of The World (Middle East, Africa).
Key Takeaways
- Geographically, Europe Clean Label Ingredients Market accounted for the highest revenue share in 2021 and it is poised to dominate the market over the period 2022-2027 owing to the extensive series of ingenious food preservation technologies which may involve biobased ingredients like lactic acid and lactates principally bestowed by the existence of leading clean-label ingredient makers who are consistently engaged in research and launching innovative products in the European region.
- Clean Label Ingredients Market growth is being driven by the onset of the COVID-19 pandemic which has made people more guarded regarding food leading to people consuming healthier diet options than under normal circumstances with consumers keeping up steady focus on clean-label for at-home and out-of-home buys resulting in the soaring application of clean label ingredients like biobased ingredients like lactic acid and lactates in different food applications. However, the soaring cost of clean label ingredients is one of the major factors hampering the growth of the Clean Label Ingredients Market.
- Clean Label Ingredients Market Detailed Analysis on the Strength, Weakness and Opportunities of the prominent players operating in the market will be provided in the Clean Label Ingredients Market report.
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Surging
Consumers are unsure about the supplements industry. They are seeking more information at their fingertips than ever before through daily connectivity. Consumers need products that are more organic, less processed, and prepared with identifiable constituents. Amidst the COVID-19 pandemic, consumers are increasingly cautious of what they consume, a lot more than before. There are heightening product recalls. Allergy scares are intimidating. Supplements with unrecognized names need to be dealt with. Social media is being utilized on a large scale. The focus is presently on cleaner label ingredients involving biobased ingredients like lactic acid in conjunction with superior transparency and certifications. The proliferating alertness in conjunction with burgeoning consumer demand for transparency is therefore driving the growth of the Clean Label Ingredients Market during the forecast period 2022-2027.
Clean Label Ingredients Market Challenges
Cost And Formulation Challenges Are Hampering The Growth Of The Clean Label Ingredients Market:
Though clean-label ingredients are in great demand, formulating with these solutions has inherent impediments termed cost and formulation challenges. Non-GMO products are likely to be more expensive. Hence it can be demanding for beverage makers to keep up the price tag. With clean-label and non-GMO ingredients, the cost of manufacturing suddenly rises in comparison with traditional beverages. The makers need to work around their profit margins or optimize their distribution routes to gain profits. However, for the makers who aim their beverages with non-GMO ingredients to consumers who can purchase them, acquiring non-GMO ingredients is an issue. GMO crops are responsible for most of the cultivation as they are more affordable and are therefore suited to satisfy the requirements of a bigger proportion of the population. Makers of clean-label and non-GMO foods and beverages need to be involved in continuous consumer feedback and attend to affordability. These issues are thus hampering the growth of the Clean Label Ingredients Market.
Clean Label Ingredients Industry Outlook
Novel product launches, expansions, and R&D financing are key strategies adopted by players in this market. Clean Label Ingredients top 10 companies include:
- Cargill
- Archer Daniels Midland Company
- Kerry Group PLC
- Ingredion Incorporated
- Tate & Lyle PLC
- Sensient Technologies Corporation
- Corbion N.V.
- Chr. Hansen A/S
- ALDI
- Quick BENEO GmbH
Acquisitions/Product Launches:
- In November 2021, Scientists at Cargill have established a greatly soluble rice flour that can take the place of maltodextrin in a series of uses and provide a clean label option to formulators. The constituent can take the place of maltodextrin in a series of uses, inclusive of minimized sugar bakery products and dairy, powdered beverages, and more. Utilized as a 1:1 replacement for maltodextrin and calorie counterpart, the constituent is a portion of a toolbox for sugar minimization.
- In November 2021, Cargill has gained an edible oil refinery situated in Nellore, Andhra Pradesh. The $35 million investment to gain and upgrade the facility will “significantly" extend Cargill's edible oil manufacture capacity and footprint in southern India, as per the firm. The facility is anticipated to be completely operational by May 2022.
- In January 2021, Cargill gained ProPortion Foods, a Los Angeles-based processor of completely cooked beef, pork and poultry products for customers in the foodservice and retail segments. The financial terms of the acquisition were not revealed. Founded in 2019, the firm operates two processing plants that are involved in the purchase – one in Vernon, Calif., and the other in Round Rock, Texas.
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