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(MoneyNewsWire.Net, April 30, 2018 ) The Middle East and Africa Clean Label Ingredients market is estimated to reach USD 2.60 billion by 2021 from a market value of USD 1.93 billion in 2016 at a CAGR of 6.19%. The Clean Label Ingredients market is showcasing significant potential over the mentioned forecast period. The market continues to build up momentum with the developing sector of natural ingredients, which carry a variety of functional benefits.
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Clean label ingredients are a class of food additives and ingredients which include products like sweeteners, colors, flavors etc. These ingredients have specific properties which classify them under clean label, which are primary and secondary. Primary properties include fewer product ingredients without any chemical name or easily understandable, no artificial additives. Secondary factors are natural, organic and non-GMOs.
Rise of awareness among people regarding health issues related to use 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, limitations of clean label ingredients compared to artificial ones, high cost of ingredient leading to costly products and thus low consumption.
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The Middle East & Africa Clean Label Ingredients market is segmented based on form, type and application. On the basis of form, the segmentation is done into dry and liquid. The market is segmented on the basis of type under Natural Colors, Natural Flavors, Fruit & Vegetable Ingredients, Starch & Sweeteners, Flours, Others. On the basis of application, the market is divided into Beverages, Processed Foods, Bakery, Frozen Products, Dairy, Others. On the basis of geography, the Middle East & Africa market is analysed under various regions namely Middle East and Africa.
The major companies showing interest in the market lately, include Cargill, Koninklijke DSM N.V., Archer Daniels Midland Company, E.I. Dupont De Nemours and Company, Ingredion Incorporated, Tate & Lyle PLC, Kerry Group PLC, Sensient Technologies Corporation, Groupe Limagrain, Chr. Hansen A/S, Corbion N.V., Brisan.
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