The clean label ingredients market is estimated to be USD 50.2 Billion in 2024 and poised to achieve a 6.7% CAGR, reaching USD 69.3 Billion by 2029. The increasing consumer awareness and demand for healthier and more transparent food and beverage options have spurred the demand for clean label products. Consumers are now more mindful of the ingredients in their food and are actively seeking products with simpler, recognizable ingredients lists.
Moreover, the growing concerns regarding food safety and sustainability have also propelled the clean label movement. Consumers are increasingly prioritizing products that are free from artificial additives, preservatives, and genetically modified organisms (GMOs), aligning with their values of health and environmental consciousness.
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Kerry Group plc (Ireland)
Kerry Group plc stands at the forefront of the taste and nutrition industry, offering a diverse array of clean label ingredients tailored for food manufacturers worldwide. Kerry Group plc specializes in the manufacturing and distribution of food ingredients and flavors, catering to the needs of the food, beverage, and pharmaceutical industries. With operations structured into two main segments—taste & nutrition and consumer foods—the company offers a diverse range of hydrocolloids like carrageenan and gum Arabic to food manufacturing facilities worldwide. In consumer foods, Kerry Group holds a prominent position, particularly in chilled cabinet categories, dominating markets in Ireland and the UK. Their extensive product portfolio encompasses culinary seasonings, spices, herbs, coating systems, sweet ingredients, fruit preparations, cheese, and dairy ingredients, as well as functional dairy and confectionery ingredients, essential for food processing and service industries globally. With a strong market presence spanning Europe, Asia Pacific, Africa, the Middle East, North America, and South America, Kerry Group's products reach customers in 149 countries, including key markets like Singapore, Brazil, Mexico, Ireland, and the UK.
In June 2021, Kerry Group plc announced its agreement to acquire Niacet, a specialist in clean-label, low-sodium preservatives, from private investment firm SK Capital for approximately USD 1 billion. This acquisition is expected to close by the end of the third quarter of 2021, after which Niacet will be integrated into Kerry’s global food protection and preservation platform. This strategic move underscores Kerry’s commitment to sustainability and innovation in the clean-label ingredients market, setting a new benchmark for natural food preservation solutions.
ADM (US)
ADM is a global leader in agricultural processing and food ingredient solutions, with a rich history dating back to 1902. Operating across multiple segments including ag services and oilseeds, carbohydrate solutions, and nutrition, ADM plays a pivotal role in the agricultural value chain. With a vast geographic presence and a diverse portfolio of products ranging from vegetable oils and sweeteners to specialty food ingredients and animal nutrition products, ADM serves customers in various industries worldwide. Committed to sustainability and innovation, ADM continually invests in research, technology, and environmental initiatives to meet the evolving needs of consumers while reducing its environmental footprint.
In December 2023, ADM announced its agreement to acquire Revela Foods, a US-based developer and manufacturer of dairy flavor ingredients and solutions. The acquisition, subject to customary closing conditions and regulatory approvals, is expected to be finalized early in 2024. Revela Foods, known for its innovative enzyme technology, specializes in creating clean label dairy flavor formulations for a variety of applications, including snacks, frozen meals, sauces, dressings, soups, seasonings, and desserts. By integrating Revela's capabilities into ADM's global flavors portfolio, ADM aims to strengthen its position in the rapidly growing clean label ingredients market.
Cargill, Incorporated (US)
Cargill, Incorporated, a key player in ingredient production and industrial products, operates through four distinct business segments, including animal nutrition & protein, food ingredients & applications, origination & processing, and industrial & financial services. Within its food & beverage segment, Cargill offers a wide range of ingredients such as tortilla shortenings, sweeteners, pea protein, maltitol, sorbitol, and various plant extracts, catering to the needs of food and beverage manufacturers, foodservice companies, and retailers globally. With operations spanning approximately 70 countries and additional sales presence in nearly 125 countries across regions like North America, Latin America, Asia Pacific, Europe, the Middle East, and Africa, Cargill maintains a robust global presence. Subsidiaries like Cargill Meat Solutions (US), Cargill Asia Pacific Holdings Pte Limited (Singapore), and Provimi (Netherlands) further augment its reach and capabilities in serving diverse markets.
In September 2023, Cargill, Incorporated introduced a new range of low methoxyl conventional (LMC) pectins designed to enhance the texture of fruit-filled products marketed with “organic” or conventional claims. Derived from fruits, pectin is a soluble fiber widely used in food production. Thus, Cargill emphasizes the use of natural and recognizable ingredients, meeting consumers' preference for clean label products that contain fewer synthetic additives.
Related Reports:
Clean Label Ingredients Market by Ingredient Type (Natural Flavors, Natural Colors, Fruit & Vegetable Ingredients, Starch & Sweeteners, Flours, Malt), Application (Food, Beverages), Form (Dry, Liquid), Certification Type - Global Forecast to 2029
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