Lucintel Forecasts Clean Label Ingredient Market to Reach $102.6 Billion by 2030


Posted July 9, 2024 by Lucintel

According to the recent study the clean label ingredient market is projected to reach an estimated $102.6 billion by 2030 from $61.7 billion in 2023, at a CAGR of 7.4% from 2024 to 2030

 
According to the recent study the clean label ingredient market is projected to reach an estimated $102.6 billion by 2030 from $61.7 billion in 2023, at a CAGR of 7.4% from 2024 to 2030. Growth in this market is primarily driven by increasing demand for clean label food products and health issues associated with artificial food.
Browse 117 figures / charts and 86 tables in this 215 -page report to understand trends, opportunities and forecast in clean label ingredient market by type (colors, flavors, fruit and vegetable ingredients, starch and sweeteners, flour, and others), application (beverages, dairy and frozen desserts, bakery, prepared foods, and cereals and snacks), form (dry form and liquid form), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that hard body cooler is expected to remain the largest segment over the forecast period due to the increasing demand for cooler with higher longevity and easy to carry.
Within the global cooler market, camping, medical, and military are the major application segments, camping will remain the largest end use over the forecast period due to increasing spending in outdoor amusement activities and travelling.
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North America is expected to remain the largest market and witness the highest growth over the forecast period due to growing interest in outdoor activities and higher per capita income.
Cargill, Tate & lyle, Archier Daniels Midland, Kerry, Ingredion, DuPont, DSM, and Sensient are the major suppliers in the clean label ingredient market.
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 write us at [email protected]
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Issued By Lucintel
Country United States
Categories Business
Last Updated July 9, 2024