The Europe Clean Label Ingredients market is expected to show evident potential in the forecasting period. The market continues to build up momentum with rising sector of natural ingredients and additives, which carry a wide range of functional benefits.
According to the report “Europe Clean Label Ingredients Market by Form (Dry, Liquid), by Type (Natural Colors, Starch & Sweeteners, Natural Flavors, Fruit & Vegetable Ingredients, Flours, Others), by Application (Beverages, Bakery, Dairy, Frozen Products, Processed Foods, Others), and by Region - Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2021)” published by Market Data Forecast, the Europe Clean Label Ingredients Market is expected to grow at a CAGR of 6.35% and reach USD 14.85 billion in 2021 from USD 10.91 billion in 2016.
Clean label ingredients are a class of food additives and ingredients which include products like colors, sweeteners, flavors. These ingredients have specific properties which classify them under clean label, which are primary and secondary.
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Primary properties include no artificial additives, fewer product ingredients without any chemical name or easily understandable. Secondary factors are organic, natural, and non-GMOs.
The rise of awareness among people regarding health issues related to using of artificial food additives and food safety incidents has led to a sudden growth in the market of clean label ingredients. Further, increase in consumer demand for clean label food products has been driving the consumption of clean label ingredients and need for clean label product launches.
The company faces few challenges and restraints as well. These include, high cost of ingredient leading to costly products and thus low consumption, limitations of clean label compared to artificial ingredients.
The Europe Clean Label Ingredients market is divided based on form, application and type. The segmentation on the basis of form is done into dry and liquid forms.
On the basis of type, the market is categorized into Starch & Sweeteners, Fruit & Vegetable Ingredients, Natural Flavors, Flours, Natural, Colors, Others. Lastly, based on application, the segments include Bakery, Beverages, Processed Foods, Frozen Products, Dairy, Others.
On the basis of geography, the Europe market is analysed under various regions namely U.K, Germany, Spain, Italy and France.
Some of the major competitors in the Europe Clean Label Ingredients market are:
- Archer Daniels Midland Company
- E.I. Dupont De Nemours and Company
- Koninklijke DSM N.V.
- Ingredion Incorporated
- Kerry Group PLC
- Tate & Lyle PLC
- Corbion N.V.
- Sensient Technologies Corporation
- Chr. Hansen A/S, Groupe Limagrain
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