DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Clean Label Ingredients Market by Type, Form, Application, & Region - Global Forecast to 2022" report to their offering.
The clean label ingredients market is projected to reach $47.10 billion by 2022 at a CAGR of 6.60% from 2016
The market is driven by factors such as the rise in clean label product launches that is fueled by increase in consumer demand for clean label food products to drive consumption of clean label ingredients and health issues associated with artificial food additives and food safety incidents. Limitation/inability of clean ingredients to replace artificial ingredients and high cost of clean ingredients leading to increased cost of clean label products are the major restraints for this market.
The flour segment accounted for the largest market share in the clean label ingredients market, due to its large consumption in a variety of application in bakery, packaged foods, beverages, dressing & sauces, and confectionery among other food applications. Natural colors is projected to be the fastest growing segment from 2016. This growth is attributable to the growing concern among consumers about the ill effects of artificial colors on their health, their eco-friendly nature, and additional health benefits.
The prepared food/ready meals & processed food segment accounted for the largest share of the clean label market, by application, in 2015. The dominance of this application can be attributed to the busy lifestyles and convenience in usage and growing awareness among consumers about the ill-effects of artificial food additives such as preservatives, flavors, and colors. Natural colors is projected to be the fastest growing segment from 2016. This growth is attributable to the growing concern among consumers about the ill effects of artificial colors on their health, their eco-friendly nature, and additional health benefits.
The dry form is the largest and the fastest growing segment. This is due to its stability and ease in handling during supply chain activities. Furthermore, ease in production at lower costs together with their convenience in usage in a wide range of food & beverage products has further driven the demand for the dry form of ingredients.
Key players include:
- Cargill (U.S.)
- Archer Daniels Midland Company (U.S)
- Koninklijke DSM N.V. (Netherlands)
- E. I. du Pont de Nemours and Company (U.S.)
- Kerry Group plc (Ireland)
Other players with a strong presence in this market are as follows:
- Ingredion Incorporated (U.S)
- Tate & Lyle PLC (U.K)
- Sensient Technologies Corporation (U.S)
- Corbion N.V. (Netherlands)
- Groupe Limagrain (France)
- Chr. Hansen A/S (Denmark)
- Brisan (U.S)
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Clean Label Ingredients Market, By Type
7 Clean Label Ingredients Market, By Form
8 Clean Label Ingredients Market, By Application
9 Clean Label Ingredients Market, By Region
10 Brand Overview
11 Regulatory Framework
12 Competitive Landscape
13 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/cnrf7g/clean_label