Clean Label Mold Inhibitors Market Size, Share & Trends Analysis Report By Ingredient (Starch, Vinegar, Fermented Flour, Whey), By End-use (Food & Beverages, Animal Feed, Pharmaceuticals, Personal Care & Cosmetics), By Region, And Segment Forecasts, 2024
Clean Label Mold Inhibitors Market Growth And Trends
The global clean label mold inhibitors market size is estimated to reach USD 1.63 billion by 2030, registering CAGR of 6.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. This growth can be attributed to extensive usage of clean label mold inhibitors in various large-scale end-use industries such as food & beverages, pharmaceuticals, and personal care & cosmetics.
Starch is a widely used ingredient in various food and beverages products, pharmaceuticals, and personal care industries. Starch-based clean label mold inhibitors offer a natural and effective solution, extending the shelf life of products. Starch ethers, such as Aqualon starch ethers, are used to enhance workability and improve the application properties of dry-mixed building products, including tile cements, plasters, and renders.
A growing consumer demand for clean label products, which are perceived as healthier and more natural, is a major driving factor for the product consumption in the food & beverages industry. Consumers are increasingly opting for products with minimal or no synthetic additives. This demand is driven by concerns about safety, health, and transparency in ingredient labeling. Thepotential health risks associated with synthetic additives, shifting customers towards natural alternatives.
A major challenge is the rising usage of synthetic alternatives and skepticism regarding effectiveness of natural options.Manufacturers need to develop formulations that provide adequate protection against mold while maintaining the desired product quality and freshness. Another restraint for the market includes the cost, as natural options may have higher production costs compared to synthetic alternatives due to difficulty in sourcing natural ingredients and developing effective formulations.
Based on ingredient type, the starch segment is expected to grow at the fastest CAGR of 7.5% from 2024 to 2030. Starch is used as a natural solution to enhance workability and improve the application properties of dry-mixed building products, including tile cements, plasters, and renders, which is anticipated to boost the segment’s growth
Pharmaceuticals is anticipated to witness the fastest CAGR of 7.3% during the forecast period, due to the rising preference for natural ingredients and clean label solutions in pharmaceutical products due to their perceived safety and high consumer demand
Asia Pacific is projected to emerge as the fastest growing region with a CAGR of 7.1% from 2024 to 2030, due to rapid economic growth, urbanization, and an increasing population. These factors also contribute to the growth of the food and beverage, pharmaceutical, and animal feed industries in the region
Developing clean label mold inhibitors that are compatible with a wide range of food and beverage products can be technically challenging. Formulating effective mold inhibitors that work well across different pH levels, temperatures, and product compositions requires extensive research and development (R&D), increasing the cost of final products
The market is regularized by various agencies such as the Food and Drug Administration (FDA) in the U.S. and the European Food Safety Authority (EFSA) in Europe. These organizations have established standards for clean label mold inhibitors taking into consideration certain aspects such as ingredient levels, accuracy of labelling and adherence to good manufacturing practices (GMP)
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