Increasing demand for fortified food due to rising health consciousness among customers and government mandates on food fortification are some of the factors fueling market growth. However, higher costs of fortified products are preventing large-scale usage and restraining market growth.
The global Clean Label Ingredients market size is expected to reach $68.22 billion by 2026 according to a new study by Polaris Market Research. The report gives a detailed insight into current market dynamics and provides analysis on future market growth.The market witnessed tremendous growth in the recent past and this trend is expected to continue from 2019 to 2026.
Тhе glоbаl dіеtаrу ѕuррlеmеntѕ mаrkеt іѕ ехресtеd tо bе vаluеd аt аррrохіmаtеlу $1.4 billion іn 2020, аnd іѕ рrојесtеd tо wіtnеѕѕ САGR оf 7.7% оvеr thе fоrесаѕt реrіоd. The first five-year cumulative revenue (2020–2024) is projected to be around $2 Billion, which is expected to increase rather significantly over the latter part of the five-year forecast period.
Growing use of enzymes in the treatment of chronic diseases, increasing demand for active therapeutics and rising incidences of digestive enzyme disorders are some of the key factors driving the growth of the specialty enzymes market in pharmaceuticals, biotechnological science and diagnostics.