Clean Label Ingredients Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)

Clean Label Ingredients Market is segmented By Form (Powder, Liquid, Others), By Type (Natural Colors, Natural Flavors, Fruits & Vegetable Ingredients....

Clean Label Ingredients Market Size

Market Size in USD

CAGR4.3%

Study Period2024 - 2031
Base Year of Estimation2023
CAGR4.3%
Market ConcentrationMedium
Major PlayersArcher Daniels Midland, Cargill, Dupont De Nemours and Company, Kerry Group Plc, Tate & Lyle Plc
*Disclaimer: Major players are listed in no particular order.
*Source: Coherent Market Insights
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Clean Label Ingredients Market Analysis

The Global Clean Label Ingredients Market is estimated to be valued at USD 131.4 Bn in 2024 and is expected to reach USD 199.1 Bn by 2031, growing at a compound annual growth rate (CAGR) of 4.3% from 2024 to 2031. Consumers are increasingly demanding food products with simple and easily recognizable ingredients, driving more food companies to opt for clean label ingredients in their formulations. The market is witnessing growing demand for clean label ingredients as consumers are becoming more health-conscious and are actively looking to reduce intake of additives and artificial ingredients in their diets. They are inclined towards ingredients that are natural, organic and ethically sourced. Many global food giants are catering to this consumer trend by focusing on clean label reforms and investing in research to find alternatives to artificial ingredients and preservatives. With consumers willing to pay premium prices for clean label products, more firms are expected to switch towards using natural colors, flavors and functional ingredients.