Wednesday, July 10, 2024

Sustainable Growth Opportunities in the Clean Label Ingredients Market

The global clean label ingredients market is projected to reach USD 69.3 billion by 2029 from the 2024 valuation of USD 50.2 billion, displaying a promising Compound Annual Growth Rate (CAGR) of 6.7%. The demand for clean label ingredient demand is rising sharply due to a confluence of factors that span consumer preferences, regulatory pressures, and advancements in food technology. This trend is significantly transforming the landscape of food production and marketing, driven by an increasingly health-conscious and informed consumer base.

Clean Label Ingredients Market

Consumers are becoming more educated about the potential health risks associated with artificial additives, preservatives, and genetically modified organisms (GMOs). This increased awareness is propelling them to seek out products that contain natural, minimally processed ingredients. For instance, according to a 2021 survey by the International Food Information Council (IFIC), 63% of consumers are paying more attention to ingredient lists. The desire for transparency in food labelling has led companies to adopt clean label practices, ensuring their products meet consumer expectations for simplicity and wholesomeness.

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Dry Form Accounted for A Higher Market Share Among Form Segment In 2023.

The convenience factor plays a crucial role. Powdered or dry products offer ease of storage, transportation, and handling compared to other forms like liquid or solid. For instance, dry supplements and food additives are lightweight and compact, making them convenient for both manufacturers and consumers. This convenience translates into cost savings throughout the supply chain, from production to distribution.

Moreover, the versatility of dry form allows for a wide range of applications across industries. Brands can cater to diverse consumer preferences by offering a variety of formulations in dry form, enhancing their market appeal.

The prepared food/ready meals & processed foods segment, among food applications, is estimated to hold the largest share throughout the forecast period.

The prepared food/ready meals and processed foods segment is projected to dominate the clean label ingredients market throughout the forecast period, driven by evolving consumer preferences and significant industry shifts. As consumers increasingly seek convenience without compromising on health, the demand for ready meals and processed foods made with clean label ingredients is surging. The hectic lifestyles of contemporary consumers are a major factor contributing to this expansion, as they increase the need for quick and simple meal alternatives. Moreover, the discriminating and health-conscious customers of today demand that processed foods and ready meals be free of artificial additives, preservatives, and artificial substances. In order to allay these worries, the clean label offers products that appeal to a wide range of consumers by combining convenience and health benefits.

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Asia Pacific is The Fastest-Growing Market for Clean Label Ingredients Among the Regions.

Asia Pacific is emerging as the fastest-growing market for clean label ingredients, driven by one of the primary drivers, which is the region's rapidly expanding middle class, which is increasingly health-conscious and willing to spend on premium food products. This demographic shift is accompanied by a rising awareness of food safety and nutrition, prompting consumers to seek products with natural and easily recognizable ingredients.

Local food manufacturers in the Asia Pacific are responding to this demand by innovating and reformulating products to include fewer artificial additives and more natural ingredients. This shift is supported by advancements in food technology, which facilitate the development of clean label alternatives that do not compromise on taste or quality. Moreover, the agricultural abundance in many Asia Pacific countries provides a rich source of natural ingredients, enabling the production of a diverse range of clean label products.

The key players in this market include Cargill, Incorporated (US), ADM (US), DSM (Netherlands), International Flavors & Fragrances Inc. (US), Kerry Group plc (Ireland), BASF SE (Germany), Ingredion (US), Sensient Technologies Corporation (US), Corbion (Netherlands), Symrise (Germany), Chr. Hansen A/S (Denmark), Puratos (Belgium), Ajinomoto Co., Inc. (Japan), Tate & Lyle (UK), and Givaudan (Switzerland)

Monday, July 8, 2024

Upcoming Growth Trends in the Gummy Supplement Market

The global gummy supplement market is projected to reach USD 48.5 billion by 2028 from USD 24.6 billion by 2023, at a CAGR of 14.5% during the forecast period in terms of value. An increase in diseases, disposable incomes, and awareness of fortified food products is driving the gummy supplements market.  The chewy texture of gummies is a distinctive feature that appeals to individuals of all age groups, making them an attractive product for consumption. Gummies are a tasty and enjoyable delight to eat because of their appealing soft, spongy texture. Gummies are a simple and portable supplement option because they are frequently provided in small, sealed packets or containers. They are a well-liked option for time-pressed consumers searching for a quick and delectable treat because they are simple to transport and enjoy when traveling.

Gummy Supplements Market

The desire to eat healthier has gradually increased interest in seeking convenient and enjoyable ways to supplement their diets. Gummies offer a fun and tasty alternative to traditional supplement formats like pills and capsules. The demand for gummy supplements is driven by the aging population seeking more palatable ways to consume dietary supplements. Gummy supplements' ability to mask unpleasant Flavors and Odors has made them an attractive option for consumers across all ages.

Gummy Supplements Market Drivers: Rising rate of vitamin-deficiency diseases and undernutrition

Micronutrient deficiencies significantly impair immune systems, hinder infant growth and development, and limit human potential, leading to higher morbidity and mortality rates. Deficiencies in iron, vitamin A, zinc, folate, vitamin B12, vitamin D, and iodine can have severe health consequences, including increased susceptibility to infections, birth defects, blindness, stunted growth, cognitive impairment, poor school performance and productivity, and even death. Adolescent girls, women of reproductive age (15-49 years), pregnant and lactating women, and young infants are particularly vulnerable to the adverse effects of micronutrient deficiency due to their high nutritional requirements. Scientific studies have shown that improving diets, fortifying staple foods and condiments, biofortification, and supplementation can boost micronutrient intake in the general population or among those with higher needs. This can reduce maternal and child morbidity, impaired neurocognitive development, and mortality associated with micronutrient deficiencies.

Gummy supplements, such as vitamins, are designed to be more palatable than traditional vitamin tablets and capsules, increasing the likelihood of regular consumption. Additionally, vitamins that are soluble, chewable, sticky, or in powder form tend to be easier to digest. Vitamin C and B2 (riboflavin) are the most frequently incorporated vitamins in multivitamin gummies.

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Vitamin Gummies was one of the types Which Accounted Highest Market Share in North America

Vitamin gummies, a type of gummy supplement, are becoming increasingly popular due to their convenience and appealing taste. They offer a tasty and easy way to get essential vitamins and minerals without the need to swallow pills or capsules. Available in a variety of Flavors and shapes, they are enjoyed by both adults and children.

The popularity of vitamin gummies has surged in North America, driving significant growth in the gummy supplements market. This trend is fuelled by the rising incidence of vitamin deficiencies and undernourishment, alongside an increasing demand for vitamin C and D supplements. The need for personalized supplement solutions has further boosted this market. However, while vitamin gummies can be a convenient and enjoyable addition to one’s diet, they should not replace a healthy, balanced diet. A well-rounded diet, rich in fruits, vegetables, whole grains, and lean proteins, remains essential for providing the necessary nutrients for optimal health.

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US is one of the Major Market for Gummy Supplement in North America

The United States is one of the leading markets for gummy supplements in North America. In recent years, the popularity of gummy supplements has surged due to several factors. These include a rise in vitamin deficiencies, a growing demand for vitamin C and D supplements, and the increasing need for personalized supplement solutions. Gummy supplements offer a convenient and flavourful way to address vitamin deficiencies and support health and wellness goals.

The key players in the gummy supplements market include GSK Plc. (UK), Haleon Group of Companies (UK), Church & Dwight Co., Inc. (US), Amway (US), Bayer AG (Germany), Nestle (Switzerland), Unilever (UK), and Otsuka Pharmaceutical Co., Ltd. (Japan).

Sunday, July 7, 2024

Growth Strategies Adopted by Major Players in the Egg Processing Market

The global egg processing market is expected to reach USD 47.2 billion by 2029, with an estimated value of USD 37.5 billion in 2024, representing a compound annual growth rate (CAGR) of 4.7% from 2024 to 2029. This growth surge is primarily attributed to several key factors, such as consumers are increasing awareness of the nutritional value of eggs, which are rich in protein, vitamins, and essential minerals. This drives the demand for both fresh and processed egg products. The food industry heavily relies on egg products for various applications, such as baking, pasta production, sauces, and dressings. The growth of the food industry, particularly in bakery and confectionery segments, directly translates to increased demand for processed eggs. In October 2018, The American Egg Board (AEB) is celebrating World Egg Day by highlighting the egg industry's commitment to "sustainable nutrition." This means providing high-quality protein while minimizing environmental impact. Egg farmers are working to reduce their use of land and water, while also making eggs affordable and accessible to people around the world. Studies have shown that eggs can significantly improve health outcomes in children, especially in areas with limited access to nutritious food.

Egg Processing Market

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Opportunities: Cutting-edge technology enhances efficiency and market appeal in egg processing.

The integration of advanced automation technologies in egg production presents a significant opportunity for the industry's growth and efficiency. In Canada, where labor shortages and the transition to cage-free systems are driving forces, investments in automated packing, stacking, and palletization technologies are enhancing operational efficiency and egg quality. For instance, the adoption of automated packing and stacking equipment, such as Damtech's systems, streamlines egg collection and processing, reducing labor-intensive tasks and improving productivity. Additionally, innovations like the Ovoconcept palletizing robot at Rose Valley Colony exemplify how automation can significantly increase efficiency, with the ability to palletize 10,000 eggs in just 30 minutes. These technological advancements not only optimize operations but also improve egg quality and cleanliness, leading to fewer cracked and broken eggs. With potential return on investments as short as four to five years for equipment like the Ovoconcept robot, the adoption of automation offers a promising opportunity for egg processing companies to enhance efficiency, reduce costs, and meet evolving consumer demands.

Challenges: Plant-based egg substitutes challenge traditional egg products in diverse applications.

According to Good Food Institute reports, the rise of plant-based egg alternatives presents a formidable challenge to the egg processing market. In the US alone, retail sales of plant-based egg alternatives soared to USD 255 million in 2022, marking substantial growth. Despite limited per capita consumption data, household penetration of these alternatives hovered around 2% in 2022, with a notable uptick in repeat purchases, indicating increasing adoption. Unit sales of plant-based eggs in the US have surged by a factor of 7 since 2019, signaling a significant uptick in consumption trends. This growing popularity of plant-based alternatives, driven by factors such as health consciousness and dietary preferences, directly competes with processed egg products in various food applications, posing a significant challenge to the traditional egg processing industry.

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The organic egg products segment is the fastest-growing market in the upcoming forecast period.

The demand for organic egg products is on the rise, driven by consumer trends favoring perceived health benefits, food safety concerns, animal welfare considerations, and environmental sustainability. According to the United Egg Producers, organic and cage-free shell egg production has increased from 29.3% (96.1 million hens) in 2021 to 34% (106.2 million hens) in 2022 to meet the consumers are concerned about the welfare of animals raised for food production, and organic certification ensures that hens have access to outdoor space and are not given antibiotics or growth hormones.

Europe accounts for the second-most dominant position within the egg processing market throughout the forecast period.

According to the European Commission in 2023, the European Union (EU) has over 350 million laying hens, producing nearly 6.7 million tons of eggs annually. France, Germany, Spain, and Italy are the top producers, accounting for more than half the EU's production. Processed egg products are becoming increasingly popular in Europe, driven by growing consumer concerns about animal welfare and environmental impact are pushing egg processors to adopt more sustainable practices, such as sourcing eggs from cage-free hens and using recyclable packaging. However, adapting to evolving consumer preferences and addressing welfare concerns are the major factors contributing to the growth of the market.

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The key players in this market include Cal-Maine Foods, Inc. (US), Rose Acre Farms (US), Ovobel Foods Limited (India), SKMEgg.com (India), Rembrandt Foods (US), IGRECA (France), Eurovo Srl (Italy), Hillandale Farms (US), Avril SCA (France), and Interovo Egg Group BV (Netherlands).

Latest Regulatory Trends Impacting the Vitamin K2 Market

The global vitamin K2 market is on a trajectory of significant expansion, with an estimated value projected to reach USD 265 million by 2029 from the 2024 valuation of USD 140 million, displaying a promising Compound Annual Growth Rate (CAGR) of 13.7%. As scientific research continues to highlight the benefits of Vitamin K2, particularly in calcium metabolism and the prevention of arterial calcification, more individuals are incorporating this nutrient into their diets. This heightened awareness is especially prevalent among aging populations, who are at greater risk for osteoporosis and cardiovascular diseases, thereby fueling demand for Vitamin K2 supplements.

Vitamin K2 Market

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Another significant contributor to market expansion is the rise of the health and wellness trend. Consumers worldwide are becoming more proactive about their health, seeking preventive measures to avoid chronic diseases. This shift is evident in the growing popularity of dietary supplements and functional foods fortified with essential nutrients like Vitamin K2. Moreover, advancements in the production and formulation of Vitamin K2 supplements are also playing a crucial role in the market’s upward trajectory. Innovations such as microencapsulation and improved delivery systems have enhanced the bioavailability and efficacy of Vitamin K2, making supplements more effective and appealing to consumers. These advancements not only improve the absorption of Vitamin K2 in the body but also extend the shelf life of products, ensuring that consumers receive the maximum benefits from their supplements.

Drivers: Growth in health consciousness among consumers and increasing health expenditure

The Vitamin K2 market is experiencing robust growth, primarily driven by the increasing health consciousness among consumers and the rise in health expenditure globally. As more individuals become aware of the importance of preventive healthcare, they are seeking out dietary supplements that can support their long-term well-being. This trend is evident across various demographics, from young adults focused on maintaining their health to older populations looking to manage age-related health issues. The growing emphasis on holistic health and wellness is leading consumers to invest in products that offer specific health benefits, such as improved bone density and cardiovascular health, which are directly linked to Vitamin K2. Additionally, higher disposable incomes and greater health expenditure are enabling consumers to spend more on premium health products, further boosting the demand for Vitamin K2 supplements.

Restraints: Inconsistency in regulatory norms governing vitamin K2

Despite the promising growth prospects, the Vitamin K2 market faces significant challenges due to the inconsistency in regulatory norms across different regions. These regulatory disparities can create barriers for manufacturers and marketers, complicating the process of bringing new Vitamin K2 products to market. Different countries have varying guidelines and standards for the production, labeling, and marketing of dietary supplements, including Vitamin K2. This lack of uniformity can lead to increased costs for compliance and potential delays in product launches. Moreover, stringent regulations in certain regions can limit market entry for new players, hindering the overall growth of the Vitamin K2 market. Navigating these regulatory complexities requires substantial investment in legal and regulatory expertise, which can be a restraint for smaller companies.

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Mk-7 Product Type is Witnessing Higher Growth During the Forecast Period.

Menaquinone-7 or MK-7 is the most studied menaquinone due to its high bioavailability, longer half-life, and more than three decades of clinical research. Furthermore, Vitamin K2 MK-7, specifically MenaQ7 and vitaMK7, represents a pivotal advancement in nutritional science, renowned for its dual benefits in bone and cardiovascular health. Distinct from its K1 counterpart, K2 MK-7's superior bioavailability and extended half-life in the body make it optimal for promoting calcium utilization towards bone strength while preventing arterial calcification.

As consumer awareness grows and dietary deficiencies persist, the market potential for K2 MK-7 continues to expand, driven by increasing demand for scientifically validated supplements that address fundamental health challenges across diverse demographic segments.

Asia Pacific is the Fastest-Growing Market for Vitamin K2 Among the Regions.

The Asia Pacific region is emerging as the fastest-growing market for Vitamin K2, driven by a combination of demographic, economic, and lifestyle factors. One of the primary drivers of this growth is the region’s rapidly aging population. Countries such as Japan, China, and South Korea are experiencing significant increases in their elderly populations, who are more prone to bone-related ailments like osteoporosis and cardiovascular issues. This demographic shift is creating a substantial demand for nutritional supplements that support bone health and prevent arterial calcification, making Vitamin K2 a sought-after nutrient.

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The key players in this market include Gnosis by Lesaffre (NattoPharma) (France), Kappa Bioscience AS (Balchem Corp.) (US), J-OIL MILLS INC. (Japan), Novozymes A/S (Denmark), BASF SE (Germany), Sungen Bioscience Co.,Ltd. (China), Vesta Nutra (US), Richen Nutritional Technology Co., Ltd. (China), Menadiona (Spain), and GENOFOCUS (Korea).

Friday, July 5, 2024

Feeding Systems Market Will Hit Big Revenues In Future

The global feeding systems market is expected to grow to USD 3.9 billion by 2027, with a compound annual growth rate (CAGR) of 7.7% from 2022 to 2027. Key drivers for this market include the expansion of dairy farm sizes, a strong focus on technological advancements, and new product launches by major companies. Additionally, automated feeding systems offer significant cost savings. However, the market faces challenges such as high initial capital requirements, which may deter small and medium-sized farms from adopting automation.

Feeding Systems Market

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Self feeding Feeding Systems are in High Demand

Self-propelled feeding systems are the most advanced and flexible systems available in the market. Many dairy farms in North America have already adopted these systems because of various advantages associated with them compared to conventional feeding systems. Advantages of self-propelled feeding systems include flexible operation, a decrease in labor cost, and maximum feeding optimization.

Ruminant Segment Under the Livestock Category is Projected to Dominate the Feeding Systems Market

The ruminant species such as cattle, sheep, goats, and buffaloes are mainly reared for producing dairy and meat products in developing and developed countries. Feeding ruminants at the required time is necessary for enhancing digestion and production efficiency. It helps to improve the feed conversion and absorption and strengthens their immune system. Feeding systems help farmers to provide feed products that align with the requirements of ruminants and help in maintaining the health of a large herd. The consumption of beef has also increased in various regions such as North America and Europe.

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Europe Is Projected To Account For The Majority Of Share In The Global Feeding Systems Market During The Forecast Period.

This region comprises major economies such as the UK, Germany, France, Italy, Spain, and the Rest of Europe. Europe is expected to offer a huge platform for the potential growth of the feeding systems market. The EU dairy sector is the second-largest agricultural sector in the region, representing more than 12% of the total agricultural output. Various innovations are done by companies over a period to help farmers. The European poultry meat sector follows production methods in compliance with the very strict EU rules applied throughout the production chain. The current standards in place for EU poultry meat are among the highest in the world, focused on continuing to improve production conditions in terms of resource conservation and animal welfare. This is one of the major reasons to adopt feeding systems so that farmers can monitor livestock health regularly, maintain hygiene, and feed regularly with an appropriate amount of nutrition.

The key players in this market include DeLaval (Sweden), GEA Group Aktiengesellschaft (Germany), Lely (Netherlands), Trioliet B.V. (Netherlands), VDL Agrotech (Netherlands), ScaleAQ (Norway), BouMatic (US), Pellon Group Oy (Finland), Rovibec Agrisolutions (Canada), CTB, Inc. (US), Afimilk Ltd. (Israel), Dairymaster (US), Maskinfabrikken Cormall A/S (Denmark), HETWIN Automation System GmbH (Austria), and JH AGRO A/S (Denmark).

Thursday, July 4, 2024

3D Food Printing Market Size, Share, Industry Analysis, Segments, and Forecast

The global 3D food printing market size was reasonably estimated to be approximately $201 million in 2022 and is poised to generate revenue over $1,941 million by 2027, growing at a CAGR of 57.3% from 2022 to 2027. The global market is highly impacted by innovations, as manufacturers are always introducing new processing techniques to produce complex food products of different shapes and sizes, thereby focusing on catering to the increasing demand from the processed food industry and consumers.

3D Food Printing Market

Development of new machinery and enhancement of the existing ones are the key strategies adopted by many players in the market. In addition, increasing focus on the expansion of facilities, marketing schemes, and information exchange programs to create awareness and enhance the applications of 3D food printer is projected to contribute to the growth of the market.

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COVID-19 outbreak jeopardizes food security and nutrition from a variety of perspectives, including food chain disruption, food shortages, reduced purchasing power, unhealthy eating habits, increased food loss, and an increase in unemployment and underemployment. Furthermore, the lack of socializing with friends, colleagues, parents, and others while eating has resulted in stress, anxiety, fear, anguish, and worry, which has exacerbated the negative effects of COVID-19 on the health status of all people, particularly vulnerable consumers such as the elderly and hospitalized patients. 3D food printing has unrivaled and unique potential, allowing for personalized food manufacture, social distancing, decentralization of food manufacturing, people participation in food co-creation, socializing the process, and creating new businesses and jobs. These new ideas should assist in considerably reducing the spread of COVID-19, as well as the threats to people’s health and negative consequences for food security and society.

To begin with, 3D food printing maintains social distancing as required by regulations in the food site area due to its nature as a computer-aided technology. When generating, sculpting, testing, validating, and manufacturing food products, 3D food printing may reduce the number of people touching food before consumption, as well as inter-human contact. Furthermore, 3D food printing significantly supports food decentralization, allowing for a reduction in the number of persons participating in the food chain and thus a reduction in food contact. Lean manufacturing and just-in-time production, distribution, and storage strategies have formulated a low-cost food system, but the unusual and widely dispersed stresses of the pandemic economy unfolded the inability of this kind of system to respond quickly to disruptions that are far outside the normal range.

Opportunities: Growth in demand from the hospitality industry

The hospitality industry has shown huge interest in 3D food printing technology. The capability of the 3D food printers to print food in various complex designs, which is not possible manually, has gained the attention of many famous chefs around the world. According to the companies offering 3D food printers, it would provide chefs an opportunity to present food with various complex designs, which was not possible through the traditional preparation methods. Although the idea of the companies offering 3D food printers to replace microwaves with 3D food printers for household uses is far from reality, the users are likely to prefer to have food in various designs sometimes for fun. Thus, the hospitality industry is expected to provide ample opportunities for the 3D food printing market.

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Challenges: limitations in processing different ingredients hamper usage of 3D printers

Limited availability of food ingredients is the major challenge that 3D food printer companies face. The 3D food printer cannot be commercialized on a large scale due to the unavailability of all the necessary food ingredients. The big market players, such as Barilla (Italy) and Nestlé (Switzerland), associated with the food industry are working with 3D food printer manufacturing companies to develop ingredients of different nutrient composition for 3D food printers. This is not an easy task, as the companies have to extract polymers from the food items that need to be printed, which are not easy to extract and require extensive research in this area. Thus, although the companies seem positive and excited about this new technology of 3D food printing, the prospects of the market depend on how soon they come up with various options for consumers.

Different countries across the globe have different food cuisines, and consumers in these countries prefer different food products made up of different ingredients. 3D food printers are highly specific in terms of food processing, ingredients, and final products. This is a challenge for players in the market, as they need to develop 3D printers that cater to consumers’ needs in regions such as Asia and Africa. Similarly, there is also a need for the production and availability of ingredients that can be used to produce these different cuisines. Another similar challenge is that not every type of food can be food-printed. Food that is not strong enough to be filed is not appropriate for 3D printing. Food printers should go beyond the printing of shapes to printing food textures, both existing and new.

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The North American market is estimated to dominate the 3D food printing market in 2022

North America is estimated to account for the largest market share in the 3D food printing market in 2022. The presence and growth of the companies offering 3D food printing technology in this region are boosting the market in this region. This region is projected to be the largest market during the forecast period.

The US is known as one of the early adopters of new technologies in the world. The busy and fast-moving life of common people make it hard for them to get a proper nutritious diet. The 3D food printing technology could provide an option to have customized, nutritious food. Also, the US government spends the highest amount of budget on healthcare, and the benefits of 3D food printers to provide food rich in specific nutrients and with the ease of chewing and swallowing would provide a suitable option for feeding the elderly.

This report includes a study of marketing and development strategies, along with the product portfolios of the leading companies in the 3D food printing market. It includes the profiles of leading companies such as 3D systems (US), TNO (Netherlands), NATURAL MACHINES (Spain), Choc edge (UK), Systems & Materials Research Corporation (US), byFlow B.V. (Netherlands), beehex (US), CandyFab (US), ZMORPH S.A (Poland) and Wiiboox (China).

Wednesday, July 3, 2024

Clean Label Ingredients Market to Witness Unprecedented Growth in Coming Years

The global clean label ingredients market is on a trajectory of significant expansion, with an estimated value projected to reach USD 69.3 billion by 2029 from the 2024 valuation of USD 50.2 billion, displaying a promising Compound Annual Growth Rate (CAGR) of 6.7%. The demand for clean label ingredient demand is rising sharply due to a confluence of factors that span consumer preferences, regulatory pressures, and advancements in food technology. This trend is significantly transforming the landscape of food production and marketing, driven by an increasingly health-conscious and informed consumer base.

Clean Label Ingredients Market

Consumers are becoming more educated about the potential health risks associated with artificial additives, preservatives, and genetically modified organisms (GMOs). This increased awareness is propelling them to seek out products that contain natural, minimally processed ingredients. For instance, according to a 2021 survey by the International Food Information Council (IFIC), 63% of consumers are paying more attention to ingredient lists. The desire for transparency in food labelling has led companies to adopt clean label practices, ensuring their products meet consumer expectations for simplicity and wholesomeness.

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Drivers: Rise in clean label product launches fueled by consumer demand

The clean label ingredients market is driven primarily by evolving consumer preferences for healthier and more transparent food options. As people become increasingly health-conscious and concerned about the ingredients in their food, there has been a surge in the demand for products with clean labels. These labels typically signify that the product is made with simple, recognizable ingredients, free from artificial additives, preservatives, and other undesirable substances.

Consumers are actively seeking out products that align with their values of health, sustainability, and transparency. They are scrutinizing ingredient lists more closely, preferring natural and minimally processed options over synthetic alternatives. This growing demand for clean label products has prompted food manufacturers to respond by reformulating their products or launching new offerings that meet these criteria. For instance, in March 2023, Ingredion (US) introduced a new range of texturizers to its US portfolio of clean label ingredient solutions. These innovative texturizers, known as Fibertex CF citrus fibers, are derived from the peels of citrus fruits such as lemons and limes. By harnessing the natural properties of citrus peels, Ingredion aims to assist manufacturers in addressing clean label challenges while meeting evolving consumer preferences.

Dry Form Accounted For A Higher Market Share Among Form Segment In 2023.

The convenience factor plays a crucial role. Powdered or dry products offer ease of storage, transportation, and handling compared to other forms like liquid or solid. For instance, dry supplements and food additives are lightweight and compact, making them convenient for both manufacturers and consumers. This convenience translates into cost savings throughout the supply chain, from production to distribution.

Moreover, the versatility of dry form allows for a wide range of applications across industries. Brands can cater to diverse consumer preferences by offering a variety of formulations in dry form, enhancing their market appeal.

In September 2020, the Symrise (India) Division Diana Food introduced its first-ever clean label, organic, and Fair Trade-certified acerola powder. This marks a significant milestone, positioning Diana Food as an industry leader in catering to consumers seeking natural and health-focused solutions. Moreover, the versatility of the acerola powder opens up opportunities across various product categories, from nutritional supplements to functional foods and beverages. Its clean label and organic attributes cater to consumers seeking products with minimal additives and synthetic ingredients, further enhancing its market potential.

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Asia Pacific is The Fastest-Growing Market for Clean Label Ingredients Among the Regions.

Asia Pacific is emerging as the fastest-growing market for clean label ingredients, driven by one of the primary drivers, which is the region's rapidly expanding middle class, which is increasingly health-conscious and willing to spend on premium food products. This demographic shift is accompanied by a rising awareness of food safety and nutrition, prompting consumers to seek products with natural and easily recognizable ingredients.

Local food manufacturers in the Asia Pacific are responding to this demand by innovating and reformulating products to include fewer artificial additives and more natural ingredients. This shift is supported by advancements in food technology, which facilitate the development of clean label alternatives that do not compromise on taste or quality. Moreover, the agricultural abundance in many Asia Pacific countries provides a rich source of natural ingredients, enabling the production of a diverse range of clean label products.