Lucintel’s latest market report analyzed that clean label ingredient provides attractive opportunities in various applications, such as beverages, dairy and frozen desserts, bakery, prepared foods, and cereals and snacks. The clean label ingredient market is expected to reach $73.7 billion by 2028 with a CAGR of 6.8%. In this market, colors is the largest segment by type, whereas dry form is largest by form. The increased acceptance of natural colors provides strategic growth path in this market.
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Based on type, the clean label ingredient market is segmented into colors, flavors, fruit and vegetable ingredients, starch and sweeteners, flour, and others. The colors segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to increasing demand for natural colors in a variety of food manufacturing process.
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The Clean Label Ingredient Market is marked by the presence of several big and small players. Some of the prominent players offering clean label ingredient include Cargill, Tate & lyle, Archier Daniels Midland, Kerry, Ingredion, DuPont, DSM, and Sensient.
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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected].
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. 972.636.5056
Contact Information:
Roy Almaguer Lucintel Dallas, Texas, USA Email: [email protected] Tel. 972.636.5056
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