Latin America Clean Label Ingredients Market

Latin America Clean Label Ingredients Market Size (2024 To 2029)

The size of the Latin America clean label ingredients market is expected to be worth USD 3.44 billion in 2024 and grow at a CAGR of 7.72% from 2024 to 2029 to achieve USD 4.99 billion by 2029. The Clean Label Ingredients market is predicted to showcase huge potential in the forecasting period. The market has continued to gain momentum with advancements in natural ingredients, which are responsible for various functional benefits.

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 the 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, high cost of ingredient leading to costly products and thus low consumption, limitations of clean label ingredients compared to artificial ones.

This research report on the Latin America clean label ingredients market is segmented and sub-segmented into the following categories.

Latin America Clean Label Ingredients Market By Type

• Natural Colors
• Natural Flavors
• Fruit & Vegetable Ingredients
• Starch & Sweeteners
• Flours
• Others

Latin America Clean Label Ingredients Market By form

• Dry
• Liquid

Latin America Clean Label Ingredients Market By Application

• Bakery
• Frozen Products
• Dairy
• Processed Foods
• Beverages
• Others

Latin America Clean Label Ingredients Market By Region

• Brazil
• Mexico
• Argentina
• Chile
• Rest of Latin America

KEY MARKET PLAYERS

Major Key Players in the Latin America clean label ingredients market are Archer Daniels Midland Company, Cargill, E.I. Dupont De Nemours and Company, Ingredion Incorporated, Tate & Lyle PLC, Kerry Group PLC, Koninklijke DSM N.V, Corbion N.V, Groupe Limagrain, Sensient Technologies Corporation, Chr. Hansen A/S, and Brisa