Market Size of North America Clean Label Ingredient Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 4.23 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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North America Clean Label Ingredient Market Analysis
North America Clean Label Ingredient Market is projected to grow at a CAGR of 4.23% during the forecast period 2020-2025.
- Consumers demand clean labels on products to gain knowledge about the product that they are about to consume and at what level. Their interest in identifying the ingredients present in the food & beverage products has triggered the growth of the clean-label ingredient market.
- The demand for natural color is growing at a fast rate, due to the adverse health effects of artificial colorants, specifically in dairy and beverage products. The starch segment holds a significant share in the clean-label ingredient market, as more consumer goods companies are beginning to use simpler starches in their products.