Clean Label Mold Inhibitors Market Share, Size, Trends, Industry Analysis Report, By Ingredient (Vinegar, Starch, Whey, Fermented Flour, Others); By End-User; By Region; Segment Forecast, 2024- 2032
The global clean label mold inhibitors market size is expected to reach USD 1,864.50 million by 2032, according to a new study by Polaris Market Research. The report “Clean Label Mold Inhibitors Market Share, Size, Trends, Industry Analysis Report, By Ingredient (Vinegar, Starch, Whey, Fermented Flour, Others); By End-User; By Region; Segment Forecast, 2024- 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
In today's food landscape, consumers exhibit heightened awareness regarding the ingredients incorporated in their food choices, instigating a widespread transition towards cleaner labels. This increased consciousness has generated a robust demand for natural ingredients, including mold inhibitors, aimed at ensuring a more transparent and health-conscious food supply chain.
An influential factor contributing to the market's expansion is the adoption of inhibitors like propionic acids and various organic acids as feed additives. These inhibitors play a crucial role in augmenting food safety and prolonging shelf life, all while adhering to the prevailing clean label trend. In response to the consumer's call for natural substitutes to synthetic preservatives, the market has evolved, presenting clean label mold inhibitors as a viable solution that aligns seamlessly with contemporary consumer preferences.
The adoption of clean label mold inhibitors is significantly influenced by the imperative of sustainability. With consumers displaying an increasing awareness of environmental considerations, there is a preference for products that endorse sustainable and eco-friendly practices. Mold inhibitors sourced from organic origins, aligning with sustainability goals, are experiencing heightened demand in response to this environmental consciousness.
Furthermore, the ever-expanding global food and beverage industry provides a favorable landscape for the adoption of clean label mold inhibitors. Manufacturers within this industry are progressively integrating these inhibitors into their formulations to address the rising consumer preference for clean, natural, and secure food products. This underscores the market's responsiveness to evolving consumer demands and the increasing significance of clean label attributes in the food and beverage sector.
Clean Label Mold Inhibitors Market Report Highlights
In 2023, the fermented flour segment is expected to witness highest growth during forecast period owing to increasing demand rising demand for clean and natural alternatives
Pharmaceutical segment is expected to dominate the clean label mold inhibitors market during forecast period. This is attributed to the increased customer preference for pharmaceutical products with transparent and unambiguous chemical disclosures
In 2023, North America accounted for the largest revenue share due to presence of major players, technological advancements, and growing awareness of natural and transparent ingredients.
The market is highly competitive owing to the existence of market players with a global presence, including BASF SE, Cargill, Incorporated, Corbion NV, DuPont de Nemours, Inc., Handary SA, Kemin Industries, Inc., among others.
Polaris Market Research has segmented the clean label mold inhibitors market report based on ingredient, end-user, and region:
Clean Label Mold Inhibitors, Ingredient Outlook (Revenue - USD Million, 2019 - 2032)
Vinegar
Starch
Whey
Fermented Flour
Others
Clean Label Mold Inhibitors, End-User Outlook (Revenue - USD Million, 2019 - 2032)
Food & Beverages
Pharmaceuticals
Animal Feed
Personal Care & Cosmetics
Others
Clean Label Mold Inhibitors, Regional Outlook (Revenue - USD Million, 2019 - 2032)
North America
U.S.
Canada
Europe
France
Germany
UK
Italy
Netherlands
Spain
Russia
Asia Pacific
Japan
China
India
Malaysia
Indonesia
South Korea
Latin America
Brazil
Mexico
Argentina
Middle East & Africa
Saudi Arabia
UAE
Israel
South Africa