Sales of Clean Label Ingredients to Grow Strong Through 2029 as Adoption in Prepared Food and Ready Meals Continues to Soar, Says a New FMI Report

Prominent players in the clean label
ingredients market are focusing on product innovation to cater to the demand
and stay relevant to the requirements of consumers.

Future Market Insights, Dubai: Theglobal clean label ingredients
market
is set for
6.4% CAGR during the forecast period (2019 – 2029), as projected by a new
report of Future Market Insights (FMI). The growth is primarily fueled by
increasing disposable income and improving spending power of consumers, further
complemented by growing awareness about health benefits of clean label
ingredients.

“Developed regions continue to lead the way in global clean
label ingredients market owing to high awareness among consumers. However,
consumers of Asia Pacific and MEA are also developing lucrative markets for
manufacturers recently,” says the report.

Clean Label Ingredients Market: Key
Findings

  • Dry
    ingredients are witnessing heavy demand on the back of consumers’ willingness
    to spend on high priced but quality food.
  • Clean label flours will continue to lead
    the market, with a majority of the share.
  • Fruit & vegetable ingredients are
    poised for a higher growth rate during the forecast period.
  • Clean
    label ingredients are finding significant application in the prepared food and
    ready meal categories.
  • Adoption
    in cereals & snacks is also projected to considerably grow in the
    foreseeable future.

Clean Label Ingredients Market: Key
Driving Factors

  • Rising
    demand for chemical-free and natural products is propelling the utilization of
    clean label ingredients, thus further boosting the market.
  • Rapid urbanization and the rising
    population are leading to an upsurge in the demand for packaged food, thereby
    bolstering the sales of clean label ingredients.

Clean
Label Ingredients Market: Key Restraint

  • The
    high cost of the clean label ingredients may limit the sales, thus hindering
    the growth of the market.

Competition
Landscape of Clean Label Ingredients Market

Some of the key players in the global
clean label ingredients landscape that are covered in this study include, but
are not limited to, Cargill, Brisan, Archer Daniels Midland Company, Sensient
Technology Corporation, Corbion N.V., Koninklijke DSM N.V., Kerry Group PLC,
Tate & Lyle PLC, Beneo, Arjuna Naturals Extracts Ltd, and E.I. Dupont De
Nemours and Co., among others. To stand out in the competition, the market
players are expanding their product portfolio and improving the sourcing
process.

More
About the Report

This Future Market Insights study of 200
pages offers actionable insights on the clean label ingredients market. The
market analysis is based on the product (natural colors, natural flavors,
starch & sweeteners, flours, fruit and vegetable ingredient, and culinary
products), application (beverages, cereals and snacks, dairy and frozen
dessert, bakery, and prepared food), form (dry and liquid), across seven major
regions (North America, Latin America, Europe, East Asia, South Asia, Oceania,
and MEA)

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About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition

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