The Europe Clean Label Ingredients Market would witness market growth of 5.7% CAGR during the forecast period (2023-2030).
There is an increase in demand for nutritious and high-quality food due to urbanization and growth in the workforce. An essential daily living component is instant noodles, frozen meals, packaged snacks, dairy products, soft drinks, energy drinks, and baked products. Due to the increase in food and beverage products containing various ingredients and preservatives to increase expiration life, maintain quality, and reduce spoilage by various microorganisms, the demand for food ingredients is also expected to increase. Consumers demand adding ingredients with clean labels to these products of daily use. It is proving to be a key factor in the market.
These are preferred because of increasing consumer consciousness and the demand for transparency in food and beverage products. Consumers are wary of artificial additives and unfamiliar chemicals and want to know exactly what they consume. The increasing emphasis on health and wellness and the desire for healthier eating have raised the demand for these ingredients. Consumers associate clean labels with products that are healthier and more natural. The clean eating movement promotes whole, unprocessed foods using these ingredients. The movement encourages consumers to search for products with minimal and recognizable ingredients.
According to the European Pet Food Federation's (FEDIAF) most current yearly data from 2022, there are approximately 340 million pets in Europe, with 91 million homes (or 46%) having one or more animals. There are about 11 million terrariums (reptiles), 22 million aquaria (fishes), 29 million small animals, 53 million birds, 104 million dogs, and 127 million cats. It indicates that pet ownership in Europe remains high. The increasing pet population is excellent news for the European economy, as the pet care industry contributes a significant €36.5 billion in revenue. Pet owners in Europe are demanding transparency in pet food labels.
The Germany market dominated the Europe Clean Label Ingredients Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $5,891.7 million by 2030. The UK market is exhibiting a CAGR of 4.7% during (2023 - 2030). Additionally, The France market would experience a CAGR of 6.5% during (2023 - 2030).
Based on Distribution Channel, the market is segmented into B2B, and B2C. Based on Application, the market is segmented into Food (Bakery, Confectionery, Cereals & Snacks, Processed Food, and Others), Pet Food, Dairy, Non-Dairy, & Fermented Beverages, and Others. Based on Type, the market is segmented into Natural Flavors, Flour, Starch & Sweeteners, Fruit & Vegetable Ingredients, Natural Colors, Malt, and Others. Based on Form, the market is segmented into Powder, Liquid, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Clean Label Ingredients Market will Hit $76.8 Billion by 2030, at a CAGR of 6.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Archer Daniels Midland Company, Koninklijke DSM N.V., Frutarom (International Flavors & Fragrances, Inc.), Kerry Group plc, Tate & Lyle PLC, Corbion N.V., Cargill, Incorporated, DuPont de Nemours, Inc., Sensient Technologies Corporation, Ingredion Incorporated
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