Clean Label Starch Market Segmented By Powder Clean Label Starch, Liquid Clean Label Starch Form in Corn, Wheat, Potato, Tapioca, Rice & Pea Source
Industry: Food and Beverages
Published Date: January-2023
Format: PPT*, PDF, EXCEL
Delivery Timelines: Contact Sales
Number of Pages: 354
Report ID: PMRREP32301
The estimated revenue generated by Clean Label Starch in the global market is valued at US$ 1,627.1 Mn for 2023. The sales of clean label starch in the global market is projected to expand at the rate of 5.4% to reach the valuation of 2,685.9 Mn by end 2033.
Attributes | Key Insights |
---|---|
Clean Label Starch Market Size (2023E) |
US$ 1,627.1 Mn |
Projected Sales of Clean Label Starch (2033F) |
US$ 2,685.9 Mn |
Value CAGR (2023-2033) |
5.4% |
Value Share of Top 4 Countries (2022E) |
42.4% |
The global Clean Label Starch market incurred sales of around US$ 1,272 Mn for year 2018 and showed growth rate of 3.6% during (2018-2022). Major market driver includes clean label functional food additive is growing consumer demand for all-natural ingredients and health & wellness. Demand has also increased for ready-to-eat and convenience food, which helps drive the need for clean label starch.
The demand for plant-based functional ingredients is increasing, which has also led to the foundation for producing high-quality starch. The manufacturers are diversifying their product portfolio by offering innovative product lines of plant-based functional ingredients in the food additive industry. The clean label trend is a global trend that has pushed food manufacturers to reconsider their approach in order to fulfill consumer demand for better and safer food products. Manufacturers are continuously reformulating and launching new clean label products. The demand for processed and packaged food products is expected to increase at a robust growth rate owing to rapidly increasing and highly urbanized population in developing economies
The global clean label starch market is anticipated to reach value of US$ 2,685.9 Mn through growth rate of 5.4% from 2023-2033. The market will keep on expanding owing to growth in consumption of convenient food products due to busy lifestyle of the consumers is accelerating the overall growth of the clean label starch market.
“Strong Preference among Consumers for Natural Ingredient is Augmenting the Market Growth”
Consumers across regions have altered their lifestyles and habits, and their concerns regarding health and well-being have grown. They are scrutinizing the food ingredients before consuming products through clean label claims. The number of consumers who prefer ingredient labels to brand loyalty has also increased.
Food manufacturers will be able to meet consumer demand by creating and launching label-friendly and high-quality food items through their native starch portfolio. The need for plant-based ingredients and additives is anticipated to be driven by consumers' desire for clean labelling. Processed plant protein food can be as harmful as processed meat. Thus, ingredient manufacturers are offering healthy solutions with clean label options to customers.
“Convenient Food (Soups & Sauces) Providing Growth Opportunities for Clean Label Starch Suppliers”
In the food industry, soups and sauces hold the largest share at 44% in 2023. Growing awareness among consumers is driving the need for clean label starch. Consumers are becoming aware that brewing and thickening agents such as corn starch, tapioca starch, and others have a number of health benefits, including reduced cardiovascular risk, improved glucose levels in the blood, and improved intestinal microflora. Demand for native starch is increasing as people's lives change and their eating habits become more unpredictable.
Enormous growth in soup and sauce consumption over the last decade has been one of the key drivers for rising clean label starch demand. Manufacturers can satisfy consumer demand by using label-friendly starch that performs similarly to modified starches. Clean label starch functions well in low pH or high shear cold processing environments. To boost the thickness or stability of the products, starches are added.
As a result, the need for native clean label starch is likely to increase as demand for soups and sauces grows. Clean label starch manufacturers are continuously attempting to improve the quality of their products by reformulating existing ones.
“Rapid Growth of Food Additive Industry Augmenting market growth”
The demand for natural functional food additives is significantly increasing as the younger generation consumers are choosing them over synthetic ingredients owing to their health concerns. Ethically prepared starch is safe and secure for consumption. It also offers health benefits.
The global clean label starch market is anticipated to grow due to an increase in the usage of additives in food products to improve texture and taste. Clean label starch offers better shelf life to products like processed meats, soups and sauces, dairy items, desserts. Thus, the growing additive sector has a direct impact on clean label starch sales. Food manufacturers are constantly striving to deliver natural, label-friendly ingredients that fulfil the needs of customers.
Global feed additive market has a large number of market players, such as Ingredion Inc., ADM, Cargill Inc., and Tate & Lyle that focus on the development of clean label food additives.
“Market Players Adopting Strategies to Increase Product Presence”
Nowadays, consumers are more worried about their health and are looking for safer and healthier choices to add to their diets. Consumers are adding healthy, nutrient-rich products into their diets.
Manufacturers are striving to reformulate existing product lines because consumers are avoiding artificial ingredients. Manufacturers are taking measures to extend product presence in all regions due to the increasing utilization of clean label starches in various food products.
In Jan 2020, Marroquin Organic International, a distribution company, was acquired by AGRANA Beteiligungs-AG. The distribution activities of the company's starch segment will be expanded due to this acquisition.
In January 2019, Archer Daniels Midland Company established an alliance with General Starch Limited, a tapioca starch company based in Thailand.
Which country is dominating the value share in the European clean label starch market?
The market for clean label starch is anticipated to show significant growth in the European market. The U.K. holds the largest share in the region at around 14.9%. Demand for label-friendly functional additives in the European market is rising owing to their functional properties that help enhance the taste and texture of food items.
What is demand outlook for India in global clean label starch market?
The market demand for clean label starch in India is US$ 111.2 Mn for year 2023. The consumption in India is expected to grow at a volume CAGR of 8.8% over the forecast period, owing to high demand for chemical free products among consumers of India.
Which type of clean label starch is gaining high demand in the global market?
Based on source, corn, wheat, potato, tapioca, rice & pea, and corn clean label starch are highly demanded. Market value share for corn starch is 52.2%. This high share is owing to increasing popularity of healthy diets among consumers.
What is the sales incurred by Pharmaceutical Industry in clean label starch market?
Demand is rising for clean label starch in the pharma industry for the preparation of medicines. Consumption of fiber-rich, low-fat meals has numerous health benefits such as weight loss, and also support colon health.Market value for clean label starch in the pharma industry is projected to reach US$ 114.5 Mn by the end of the forecast period.
Major producers of clean label starch are inclined toward innovation, development, and expansion to enhance the functional properties of starch and its quality. Furthermore, manufacturers are striving to enhance their innovation through consistent research and development activities for producing new products as per market demand.
Attribute | Details |
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Forecast period |
2023-2033 |
Historical data available for |
2018-2022 |
Market analysis |
USD million for value |
Key regions covered |
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Key countries covered |
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Key market segments covered |
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Key companies profiled |
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Report coverage |
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Customization & pricing |
Available upon request |
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The global market for Clean Label Starch has a value of US$ 1,627.1 Mn in 2023.
The global market for Clean Label Starch has a value CAGR of 3.6% from 2018-2022.
The global market for Clean Label Starch has a value of US$ 2,685.9 Mn in 2033.
The global market for Clean Label Starch has a value CAGR of 5.4% from 2023-2033.
Manufacturers such as Ingredion Incorporated, Cargill Incorporated, ADM, Tate & Lyle and others are some of the major players operating in the global Clean Label Starch market.