According to a new report, published by KBV research, The Global Clean Label Ingredients Market size is expected to reach $76.8 billion by 2030, rising at a market growth of 6.4% CAGR during the forecast period.
The B2B segment acquired maximum revenue in the Global Clean Label Ingredients Market by Distribution Channel in 2022; thereby, achieving a market value of $52.2 billion by 2030. As a result of the shifting consumer landscape, food producers and ingredient suppliers are placing a greater emphasis on using sustainably sourced ingredients. Adopting clean-label ingredients enables B2B businesses to assure their customers that their products adhere to specific quality standards and adapt to consumer preferences.
The Pet Food segment would exhibit a CAGR of 7.1% during (2023 - 2030). The clean label trend extends to pet food, with natural and transparent ingredients in pet food formulations. Natural proteins, grains, fruits, and vegetables are common ingredients. Pet owners increasingly view their pets as family members and are becoming more discerning about the quality and safety of the food they provide. Many pet owners seek food products with clean label ingredients, just as they do for their food. Pet owners want transparency in pet food ingredients.
The Natural Flavors segment is generating the highest revenue in the Global Clean Label Ingredients Market by Type in 2022; thereby, achieving a market value of $17.3 billion by 2030. Natural flavors align with the clean label trend by providing recognizable and minimally processed ingredients. They are typically considered clean and label-friendly because they are derived from natural sources, such as fruits, herbs, spices, and botanicals.
The Liquid segment is experiencing a CAGR of 6.6% during (2023 - 2030). Liquid clean label ingredients like natural fruit and vegetable juices, sweeteners, and flavorings enhance the taste and nutritional profile of juices and smoothies. Liquid clean label ingredients, such as almond and coconut milk, are used as dairy substitutes in plant-based milk beverages. Liquid clean label ingredients like natural oils, vinegar, herbs, and spices are used in the formulation of salad dressings, providing flavor and texture.
The Europe region dominated the Global Clean Label Ingredients Market by Region in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $26.9 billion by 2030. The North America region is showcasing a CAGR of 6% during (2023 - 2030). Additionally, The Asia Pacific region would register a CAGR of 7.1% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/clean-label-ingredients-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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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Companies Profiled
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