Clean Label Starch Market to reach US$ 2.5 Bn by 2029

According to a new study by TMR, the sales of clean label starch are estimated to reach ~US$ 1.4 Bn in 2019. The clean label starch market is projected to record a Y-o-Y growth of ~6% over the forecast period, to reach a value of US$ 2.5 Bn by 2029. 

In recent years, the global market has been witnessing a new trend of 'clean label' for most food and beverage products. Over the years, there has been a rise in the number of health conscious consumers, both, in developed and developing nations. The combination of several critical factors such as higher penetration of social media, easy availability of critical information regarding consumers’ desire for healthy lifestyles, consumption of organic and natural products, and rise in per capita income in several developing nations has been triggering the demand for clean label products on a global stage. Consumers are now even considering the type and quality of the food ingredients used in various food products. According to Ingredion Inc., clean label claims have the potential to make 64% of European consumers change brands. 

Clean Label Starch Market: Preferential Inclination towards Non-Modified Convenience Ingredients 

Rising concerns about health and wellness have led consumers to change their lifestyles and habits. These have transformed their food preferences as well. Due to this shift, the demand for organic products and ingredients has increased considerably in the past few years. The demand for clean label starch is also on the rise due to consumers shifting to clean label products. Even among the clean label starch products that are available in the clean label starch market, those certified by higher regulatory bodies are trusted more. Consumers are demanding transparency about the products that they consume, and want to know the sources of the ingredients in their food products. 

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Clean Label Starch Market: Substantial Growth of Bakery Industry in Emerging Markets 

Baked goods include breads, cakes, biscuits, pastries, breakfast, and other products. Rise in the per capita consumption of bakery products projects the increasing growth potential of the global bakery industry. In developing regions such as India and China, there is significant market potential for baked goods, wherein, consumer preference is increasing for packaged goods, owing to the influence of Western culture, changing lifestyles, and increasing demand for flavored and convenience food products. Thus, clean label starch manufacturers are focusing on target companies making bakery products to increase their market share in the clean label starch market, by offering a wide range of clean label starches used as egg replacements in sponge cakes, pound cakes, donuts, muffins, and many more products, to improve product quality and shelf life. 

Global Clean Label Starch Market: Competitive Landscape 

Prominent players in the clean label starch market have been profiled in the clean label starch market report. Some of the key players in the global clean label starch market are Ingredion Inc., Cargill Inc., E. I. du Pont de Nemours, Archer Daniels Midland Company, Tate & Lyle PLC, Euroduna Food Ingredients GmbH, Roquette Frères S.A. BENEO GmbH, Kent Corporation, MGP Ingredients, Inc., AGRANA – Beteiligungs AG, American Key Food Products, LLC, Tereos Starch & Sweeteners Iberia Sa, Thai Flour Co., Ltd., Manildra Group, Avebe U.A., Amylco LLC, KMC Kartoffelmelcentralen A.M.B.A, Gulshan Polyols Ltd., SPAC STARCH PRODUCTS (INDIA) LTD., etc.

Clean Label Starch Market Revenue Expected to be valued at US$ 1,952.9 Mn by 2026

Transparency Market Research (PMR) delivers key insights on the global clean label starch market in its upcoming outlook, titled ‘Global Market Study on the Clean Label Starch Market’. In terms of value, the global clean label starch market is projected to register a healthy CAGR of 5.8% during the forecast period, due to various factors, regarding which PMR offers vital insights in detail.

In recent years, the global market has been enduring a new trend of ‘clean label’ tag on most food and beverages products. Over the years, there has been a rise in the number of health conscious consumers, both, in developed and developing nations. The combination of several critical factors such as higher penetration rate of social media channels, easy availability of critical information regarding consumers’ desire for healthy lifestyles, consumption of organic and natural products, and rise in per capita income in several developing nations has been triggering the demand for clean label products on a global stage. Consumers are now considering even the type and quality of the food ingredients used in various food products for consumption. According to Ingredion Inc., clean label claims have the potential to make 64% of European consumers change brands.

Request A Sample of Clean label starch Market - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=50388

Starch is one such food ingredient that has been influenced with the ‘clean label’ trend in recent years. Owing to consumers’ demand for clean label products, some of the key food ingredient manufacturers are now strategizing on launching clean label starches in several regions around the world. For instance, in 2017, Cargill Inc. introduced a portfolio of clean label starches under its own brand name ‘SimPure’. Owing to consumers’ varying demand, some manufacturers have been expanding their clean label starches with new products that cater to the needs and requirements of their target segments. In the global market, consumers demand convenient and great tasting food having recognizable ingredients on the label. Hence, in 2017, Tate & Lyle PLC, a key food ingredient and solution provider, announced the further expansion of its line of CLARIA® Functional Clean-Label Starches, with the introduction of two new instant starch products - CLARIA® Instant 340 and 360. The company claims that these products are smooth and of great taste, meeting the demands of the food processing industry.

In terms of revenue, the global clean label starch market is expected to represent an incremental opportunity of US$ 706.3 Mn by 2026 end over 2017. By source, the corn segment is expected to register a relatively higher CAGR in the global clean label starch market. The APAC region is expected to register a CAGR growth of 8.0% over the forecast period, due to a rise in the production and consumption of various types of starches, including clean label starch products in countries like China, Japan, etc.

Consumer inclination towards maintaining a healthy lifestyle is one of the key factors that triggers the demand for clean label starches. Consumers are even conscious about the kind of food ingredients used in their food products that are being consumed on a regular basis. Clean label starch, having a wide range of application in the bakery and convenience food segments, provides tremendous opportunity in the global market in generating sales. The millennial segment is the forefront audience being active and curious about the ‘clean label’ tag being used in various food products. Thus, the market for clean label starches is rapidly picking up pace, globally, owing to an increase in the health and wellness awareness among the population, along with the growing number of highly affluent consumers who are interested in the trend for healthy food.

Clean label starch is physically extracted, and no modification is done to enhance the properties of the starch. The physical extraction process is lengthy and costly, and increases the cost of the end product, which is likely to hinder the growth in the demand of clean label starch products.

On the basis of region, Europe accounts for a higher value share in the global clean label starch market in terms of value sales, due to the ever-rising demand for clean label products, which includes clean label starches. China has been a dominant region in the clean label starch market in terms of consumption and production. North America is expected to post higher growth with a CAGR of 8.9% over the forecast period.

Clean Label Starch Market Revenue Expected to be valued at US$ 1,952.9 Mn by 2026

Consumer food preference and consumption patterns have witnessed dramatic changes over the past couple of decades around the globe. The change in diet plans has been influenced by various critical factors such as the rise in awareness on the health benefits associated with the consumption of healthy food, increase rate of Internet penetration in key regions, government initiatives, etc. The ‘clean label’ trend is one such enduring trend in today’s world, where consumers demand transparency and simple ingredients in whatever food that they consume. Owing to this, the starch segment is now being provided in a clean label format in various regions. As a result, clean label starch is now finding itself in a wide range of food applications such as the bakery segment, convenience food segment, snacks and confectionery segment, and other such key segments.

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Over the years, some of the key players in the clean label starch market have been strategizing on innovative their existing as well as new products which cater to the varying needs and demands of their target customers. Change in consumer preferences from artificial or synthetic ingredient-based products to natural and clean label-based products is one of the key factors increasing the demand for clean label products. Consumers (food and beverages industry) look for clean label starch products which are easy to imply as an ingredient in various food processing applications and provide a differentiated taste for the food products that are being processed. For instance, BENEO, considered to be one of the major players in the clean label starch market, launched a clean label rice starch which helps create unique textures and excellent product stability even under harsh processing conditions. Hence, along with the food nutritive factor, innovation is now considered another prime factor which is driving the value sales for the clean label starch market.

Clean label starches are widely used in bakery products, owing to their property to provide an excellent water-holding capacity and structure-forming. Clean label starch also provides uniform adhesion to food products, and adds a crispy texture, which is the primary requirement in most products. Clean label starch is also used as an egg replacement, and hence, reduces the final cost of the end product, which is a key reason in attracting a lot of new market players to enter this market, and giving an invitation to innovate new products to the ones who are already present in the market.

Higher Manufacturing Cost of Clean Label Products a Hindrance for the Clean Label Starch Market

Clean label starch is physically extracted, and no modification is done to enhance the properties of the starch. Modified starch is comparatively cheaper, owing to the abundance in availability of raw materials and low cost of chemicals used for modification. The physical extraction process is lengthy and costly, and increases the cost of the end product, which is likely to hinder the growth in the demand for clean label starch. Manufacturers tend to use ingredients with low cost to increase profit margins, which is again a setback for the clean label starch market.

Low Product Penetration of Clean Label Starch Products in a Majority of Developing Countries

Though clean label starch is used on a large scale in developed countries, its penetration rate is comparatively low when it comes to some of the developing countries, such those in Asia Pacific or the MEA regions. These regions have witnessed a higher consumption rate of dairy and bakery products. Clean label starch is not used on a large scale in the Asia Pacific region. Instead, manufacturers use modified starches to maintain the shelf life and quality of these kinds of products, owing to high profit margins.

Global Clean Label Starch Market Regional Analysis

On the basis of region, Europe accounts for a higher value share in the global clean label starch market in terms of value sales, due to the ever-rising demand for clean label products, which includes clean label starch in the region. China has been a dominant region in the clean label starch market in terms of consumption and production. North America is expected to post higher growth, with a CAGR of 8.9% over the forecast period.

Clean Label Starch Market Sighting its Opportunity in the Bakery & Beverages Industry in Gaining Traction

Consumer food preference and consumption patterns have witnessed dramatic changes over the past couple of decades around the globe. The change in diet plans has been influenced by various critical factors such as the rise in awareness on the health benefits associated with the consumption of healthy food, increase rate of Internet penetration in key regions, government initiatives, etc. The ‘clean label’ trend is one such enduring trend in today’s world, where consumers demand transparency and simple ingredients in whatever food that they consume. Owing to this, the starch segment is now being provided in a clean label format in various regions. As a result, clean label starch is now finding itself in a wide range of food applications such as the bakery segment, convenience food segment, snacks and confectionery segment, and other such key segments.

Request A Sample of Clean label starch Market: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=50388

Over the years, some of the key players in the clean label starch market have been strategizing on innovative their existing as well as new products which cater to the varying needs and demands of their target customers. Change in consumer preferences from artificial or synthetic ingredient-based products to natural and clean label-based products is one of the key factors increasing the demand for clean label products. Consumers (food and beverages industry) look for clean label starch products which are easy to imply as an ingredient in various food processing applications and provide a differentiated taste for the food products that are being processed. For instance, BENEO, considered to be one of the major players in the clean label starch market, launched a clean label rice starch which helps create unique textures and excellent product stability even under harsh processing conditions. Hence, along with the food nutritive factor, innovation is now considered another prime factor which is driving the value sales for the clean label starch market.

Clean label starches are widely used in bakery products, owing to their property to provide an excellent water-holding capacity and structure-forming. Clean label starch also provides uniform adhesion to food products, and adds a crispy texture, which is the primary requirement in most products. Clean label starch is also used as an egg replacement, and hence, reduces the final cost of the end product, which is a key reason in attracting a lot of new market players to enter this market, and giving an invitation to innovate new products to the ones who are already present in the market.

Higher Manufacturing Cost of Clean Label Products a Hindrance for the Clean Label Starch Market

Clean label starch is physically extracted, and no modification is done to enhance the properties of the starch. Modified starch is comparatively cheaper, owing to the abundance in availability of raw materials and low cost of chemicals used for modification. The physical extraction process is lengthy and costly, and increases the cost of the end product, which is likely to hinder the growth in the demand for clean label starch. Manufacturers tend to use ingredients with low cost to increase profit margins, which is again a setback for the clean label starch market.

Low Product Penetration of Clean Label Starch Products in a Majority of Developing Countries

Though clean label starch is used on a large scale in developed countries, its penetration rate is comparatively low when it comes to some of the developing countries, such those in Asia Pacific or the MEA regions. These regions have witnessed a higher consumption rate of dairy and bakery products. Clean label starch is not used on a large scale in the Asia Pacific region. Instead, manufacturers use modified starches to maintain the shelf life and quality of these kinds of products, owing to high profit margins.

Global Clean Label Starch Market Regional Analysis

On the basis of region, Europe accounts for a higher value share in the global clean label starch market in terms of value sales, due to the ever-rising demand for clean label products, which includes clean label starch in the region. China has been a dominant region in the clean label starch market in terms of consumption and production. North America is expected to post higher growth, with a CAGR of 8.9% over the forecast period.

Clean Label Starch Market Revenue Expected to be valued at US$ 1,952.9 Mn by 2026

Transparency Market Research (PMR) delivers key insights on the global clean label starch market in its upcoming outlook, titled 'Global Market Study on the Clean Label Starch Market'. In terms of value, the global clean label starch market is projected to register a healthy CAGR of 5.8% during the forecast period, due to various factors, regarding which PMR offers vital insights in detail.

Request A Sample of Clean label starch Market: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=50388

In recent years, the global market has been enduring a new trend of ‘clean label’ tag on most food and beverages products. Over the years, there has been a rise in the number of health conscious consumers, both, in developed and developing nations. The combination of several critical factors such as higher penetration rate of social media channels, easy availability of critical information regarding consumers’ desire for healthy lifestyles, consumption of organic and natural products, and rise in per capita income in several developing nations has been triggering the demand for clean label products on a global stage. Consumers are now considering even the type and quality of the food ingredients used in various food products for consumption. According to Ingredion Inc., clean label claims have the potential to make 64% of European consumers change brands.

Starch is one such food ingredient that has been influenced with the ‘clean label’ trend in recent years. Owing to consumers’ demand for clean label products, some of the key food ingredient manufacturers are now strategizing on launching clean label starches in several regions around the world. For instance, in 2017, Cargill Inc. introduced a portfolio of clean label starches under its own brand name ‘SimPure’. Owing to consumers’ varying demand, some manufacturers have been expanding their clean label starches with new products that cater to the needs and requirements of their target segments. In the global market, consumers demand convenient and great tasting food having recognizable ingredients on the label. Hence, in 2017, Tate & Lyle PLC, a key food ingredient and solution provider, announced the further expansion of its line of CLARIA® Functional Clean-Label Starches, with the introduction of two new instant starch products - CLARIA® Instant 340 and 360. The company claims that these products are smooth and of great taste, meeting the demands of the food processing industry.

In terms of revenue, the global clean label starch market is expected to represent an incremental opportunity of US$ 706.3 Mn by 2026 end over 2017. By source, the corn segment is expected to register a relatively higher CAGR in the global clean label starch market. The APAC region is expected to register a CAGR growth of 8.0% over the forecast period, due to a rise in the production and consumption of various types of starches, including clean label starch products in countries like China, Japan, etc.

Clean label starch is physically extracted, and no modification is done to enhance the properties of the starch. The physical extraction process is lengthy and costly, and increases the cost of the end product, which is likely to hinder the growth in the demand of clean label starch products.