PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1495569
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1495569
Clean label mold inhibitors market size will register over 6.8% CAGR between 2024 and 2032, driven by the rising demand for natural and clean label food products worldwide. For instance, in October 2023, Ingredion introduced NOVATION Indulge 2940, as an initial non-GMO functional native corn starch and clean label component for offering a distinct gelled texture for well-liked dairy and alternative dairy items. As health consciousness and awareness of the potential risks of synthetic preservatives is increasing, consumers are actively looking for products with as few artificial additives as possible.
The change in consumer preferences towards clean ingredients is also forcing food manufacturers to use natural antifungal agents derived from plant extracts, essential oils, and organic acids. Rising strict regulations and guidelines related to food safety and labeling are further influencing food manufacturers to design their products with clean labeling options. Global regulators are imposing stricter standards on the use of synthetic preservatives, encouraging the use of clean-label molds.
The clean label mold inhibitors industry is segmented into ingredient type, function, application, and region.
Based on ingredient type, the market size from the vinegar segment is slated to witness 13.8% growth rate during 2024-2032, owing to its effectiveness as an organic preservative. Vinegar, especially apple cider vinegar and white vinegar, contains acetic acid, which has powerful antimicrobial properties against various types of mold and bacteria. As consumers increasingly look for clean labels, vinegar has turned an attractive choice due to its simplicity, familiarity, and safety.
Based on application, the clean label mold inhibitors market size from the pharmaceutical segment will witness decent growth rate between 2024 and 2032, due to growing consumer demand for transparency and safer ingredients in products. As consumers are becoming more health conscious and skeptical about additives, they are increasingly preferring products that use natural ingredients and less processed ingredients. Regulatory agencies are tightening guidelines for supplement use, allowing pharmaceutical companies to adopt clean labeling techniques to ensure compliance and customer confidence.
Asia Pacific clean label mold inhibitors is poised to generate notable revenue and depict 15.6% over the forecast period. Strict food safety and labeling regulations are causing food manufacturers to look for natural alternatives to prevent mold. Rising consumer awareness and demand for clean label products, coupled with the presence of rich agricultural resources are further fueling the regional product adoption.