Clean Label Ingredients Market 2023, by Services, Company Profiling, Business Revenue, and Growth Opportunities to 2033

 

The global clean label ingredients market is anticipated to reach a valuation of US$ 44,080.0 million in 2023, driven by clean label in supplements and nutraceuticals. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 16.2% between 2023 and 2033, and reaching a total valuation of approximately US$ 169,024.9 million by 2033.

One of the major factors contributing to the growth of the clean label ingredients market is the rising concerns regarding food allergies and intolerances, which have led to the demand for clean label products that avoid common allergens or clearly label their presence.

Clean label extends to beverages, including natural colorings, flavors, and the removal of artificial additives and preservatives in juices, sodas, and sports drinks. Clean label products often feature reduced sugar and salt content, aligning with consumer preferences for healthier options.

Clean label trends are influencing not only ingredients but also packaging, with consumers favoring eco-friendly and minimalistic packaging. The demand for clean label convenience foods, including ready meals and frozen foods, is on the rise, driven by busy lifestyles and health-conscious choices.

The clean label ingredients are making their way into bakery products, leading to the development of healthier and more natural bread, pastries, and snacks. Clean label sauces, condiments, and salad dressings are replacing artificial additives with natural ingredients, appealing to health-conscious consumers.

The incorporation of clean label ingredients into functional foods and beverages, such as probiotics and fortified products, presents an opportunity for innovation and market growth. The foodservice industry can explore opportunities to offer clean label menu items and cater to consumers seeking healthier dining options.

Information source: https://www.futuremarketinsights.com/reports/clean-label-ingredients-market

Key Takeaways from the Market Study

  • Global clean label ingredients market was valued at US$ 38,000.0 million by 2022-end.
  • From 2018 to 2022, the market demand expanded at a CAGR of 20.7%.
  • The market in China held a market share of 11.0% in 2022.
  • By form, the dry segment held a market share of 62.0% in 2022.
  • From 2023 to 2033, clean label ingredients market is expected to flourish at a CAGR of 16.2%.
  • By 2033, the market value of clean label ingredients is expected to reach US$ 169,024.9 million.

The snack bar category can innovate with clean label ingredients, targeting consumers looking for nutritious and convenient on-the-go snacks, remarks an FMI analyst.

Competitive Landscape

Prominent players in the clean label ingredients market are Cargill, Ingredion Incorporated, Koninklijke DSM N.V., E. I. Du Pont De Nemours and Company, Archer Daniels Midland Company, Kerry Group PLC., Tate & Lyle PLC., Daikin America, Fluoryx, Wilshire Technologies, and TCI Chemicals, among others.

Recent Developments:

  • In 2023, Cargill announced the launch of its new line of clean label ingredients, Cargill Clean Label. Cargill Clean Label ingredients are designed to help food and beverage manufacturers produce clean label products that are also delicious and nutritious.
  • In 2022, Kerry Group plc announced the acquisition of Niacet Corporation, a leading producer of natural food ingredients. The acquisition gives Kerry Group access to Niacet Corporation's portfolio of clean label ingredients, which will allow Kerry Group to expand its clean label ingredient offerings.
  • In 2021, Ingredion announced the launch of its new line of clean label ingredients, Ingredion NOVATION® Pulse. Ingredion NOVATION® Pulse ingredients are designed to help food and beverage manufacturers produce clean label products that are also plant-based.
  • In the same year, ADM announced the launch of its new line of clean label ingredients, ADM Naturally Simple Colors. ADM Naturally Simple Colors are natural colors that can be used in a variety of food and beverage products.

More Valuable Insights Available

Future Market Insights offers an unbiased analysis of the global clean label ingredients market, providing historical data for 2018 to 2022 and forecast statistics from 2023 to 2033.

To understand opportunities in the clean label ingredients market, the market is segmented on the basis of type (natural colors, natural flavors, fruit & vegetable ingredients, starch & sweeteners, flours, malt, natural preservatives, fermentation ingredients, oils & shortenings, and emulsifiers), application (dry form products, cereals & snacks, bakery products, beverages, prepared food/ready meals & processed foods, dairy & frozen desserts, and others), and form (dry, and liquid), across seven major regions (North America, Latin America, Western Europe, Eastern Europe, South Asia & Pacific, East Asia, and Middle East & Africa (MEA)).

Segmentation Analysis of the Clean Label Ingredients Market

Type:

  • Natural Colors
  • Natural Flavors
  • Fruit & Vegetable Ingredients
  • Starch & Sweeteners
  • Flours
  • Malt
  • Natural Preservatives
  • Fermentation Ingredients
  • Oils & Shortenings
  • Emulsifiers

Application:

  • Dry Form Products
  • Cereals & Snacks
  • Bakery Products
  • Beverages
  • Prepared Food/Ready Meals & Processed Foods
  • Dairy & Frozen Desserts
  • Others

Form:

  • Dry
  • Liquid

Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • South Asia & Pacific
  • East Asia
  • The Middle East & Africa

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