The latest market report published by Credence Research, Inc. “Clean Label Ingredients Market, By Form, Application and Region – Growth, Future Prospects, and Competitive Analysis, 2016 – 2024,” the global clean label ingredients market was valued at US$ 30.5 Bn in 2015, and is expected to reach US$ 52.9 Bn by 2024, expanding at a CAGR of 6.4% from 2016 to 2024.
The purpose of the report is to illustrate the state of the market of Sterile Injectables, to present actual information about the volumes of production, exports, imports, consumption and the state of the market, the changes that took place in 2017, and also, to build a forecast for the growth of the industry in the medium term until 2026.
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Clean label ingredients are generally described as food additives as well as ingredients such as fruit and vegetables ingredients, colors, flavors, flours, sweeteners, and others. The clean label ingredients are natural and organic ingredients with no artificial content in it. The introduction of new clean label products as well as increase in the consumption of clean label ingredients due to various health related problem in the human body is anticipated to foster the clean label ingredients market over the forecast period 2016-2024. The availability of artificial food additives has propelled the demand for clean label ingredients over the past few years and is expected to impel the growth of clean label ingredients market over the forecast period. The utilization of clean labeling focuses on transparency from manufacturer’s end to in terms of clean label ingredients. Shifting consumer choices towards health and wellness has prompted food and beverage companies to offer such wide variety of products that has organic ingredients. Thus the adaptability of no preservatives and no artificial flavoring by food and beverage manufacturers is anticipated to propel the growth of clean label ingredients market over the period 2016-2024.
Escalating utilization of clean label ingredients as a core ingredient in food and beverage industry is anticipated to intensify the growth of clean label ingredients market over the forecast period. Besides this, rising trend of consumers towards sound lifestyle along with busy working schedule of people is expected to intensify the growth of clean label ingredients market between 2016 and 2024. Apart from this, rising burgeoning middle class population coupled with escalating personal disposable income is expected to foster the growth of clean label ingredients market in Asia Pacific region over the forecast period.
Considering the competition, this market is characterized by presence of various players some of which are small-scale players and some are the largest in number. In order to enhance their presence in the overall global market, the companies are focusing on research and development as well as new product development which will help in maintaining their dominance in the global clean label ingredients market.
Why was the report written?
This report is the result of an extensive survey drawn from Credence Research’s exclusive panel of leading global market industry executives; it provides data and analysis on buyer investment, acquisition, and developments within the global market research. It includes key topics such as global Sterile Injectables buyer expenditure and procurement behaviors and strategies and recognizes the threats and possibilities within the industry, economic outlook trends, and business confidence within global industry executives. Most secondary research reports are based on general industry drivers and do not understand the industry executives’ attitude and changing behaviors, creating a gap in presenting the business outlook of the industry; in an effort to bridge this gap, Credence Research created this primary research-based report by gathering the opinions of multiple stakeholders in the value chain of the global industry.
What is the current market landscape and what is changing?
Executives from the global industry anticipate an increase in levels of consolidation, with 55% of respondents projecting an increase in merger and acquisition (M&A) activities in 2017.
The report on the market of Clean Label Ingredients contains:
Analysis and forecast of Sterile Injectables market dynamics;
Analysis of domestic production, market shares of the main market players;
Analysis of exports and imports;
Analysis of factors, leading the development of the Sterile Injectables market;
Assessment and forecast of Sterile Injectables market development;
Financial and business profiles of the leading companies in the Sterile Injectables industry.
– Up to date working Sterile Injectables data by major regions in the world, the forecast of planned capacity additions by 2026
– The annual breakdown of capital expenditure spending on proposed Sterile Injectables for the period 2018 to 2026
– Planned Sterile Injectables additions and capital expenditure spending by key countries and companies across the world
– Planned capital expenditure spending on new Sterile Injectables projects by region, key countries, and companies
– Details of major planned Sterile Injectables projects in the world up to 2026
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