Albany, NY -- (SBWIRE) -- 02/15/2019 -- Market Outlook
Growing consumer awareness about the importance of clean label food ingredients has been fueling the demand for non-GMO ingredients. Consumers have been showing higher interest in knowing the key ingredients present in processed food items. Non-GMO labeled certification is provided by food authorities based on the raw materials used in a food item. Non-GMO certificates have been gaining consumer attention as these ingredients are safer in general. Ingredients processed and derived from plant sources and grown naturally without any DNA-level alteration are known as non-GMO ingredients. These ingredients have been witnessing high demand and are especially being used for the manufacturing of packed foods, beverages, confectionaries and others. Since genetically modified foods are not safe to use, consumers have been preferring to opt for foods that are organic and genetically unmodified. As a result, non-GMO ingredients, once considered niche, have now become mainstream products. Growing demand for Non-GMO ingredients has prompted major food manufacturers to avoid GMOs in their new products and products with non-GMO labels.
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Nourishing Non-GMO Ingredients
Genetic modification of food involves altering the DNA of food crops, plants, microorganisms or animals. People around the world have been demanding non-GMO ingredients as scientists and environmental groups have exposed many health and environmental risks associated with foods containing GMOs. The shift towards healthier diet choices and lifestyle and increasing awareness about non-GMO foods has been driving the market for non-GMO ingredients. Due to the various health complications associated with beet sugar and other artificial ingredients, major food and beverage companies are looking for non-GMO verified and organic ingredients to replace beet sugar and high fructose corn syrup in their products. This has given a boost to the non-GMO ingredients market.
Global Non-GMO ingredients Market: Market Segmentation
On the basis of nature, the global non-GMO ingredients market has been segmented as:
Non-GMO ingredients Market: Key Players
Some of the key players in the global non-GMO ingredients market are Organic Valley, Lotus Foods, Inc., United Natural Foods, Berlin Natural Bakery, GF Harvest, LLC, Proximity Malt, LLC, Lundberg Family Farms, Eden Foods, Inc., Vert Living Natural Market, Shanghai Green Life Agri-Tech Company, etc. Since more and more food companies have been showing keen interest in non-GMO ingredients, the demand for non-GMO ingredients is amplifying every year.
Opportunities for Market Participants:
Since non-GMO ingredients are chemical free and less processed ingredients, the non-GMO ingredients market has been witnessing escalating demand from consumers. It is anticipated that market participants in the global non-GMO ingredients market will see higher revenue returns in years to come. In addition, non-GMO ingredients are also now being used in the beverage industry, which is expected to further fuel future demand.
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Global Non-GMO ingredients: A Regional Outlook
Non-GMO ingredients are highly produced and consumed in North America due to shifting consumer preference towards foods with non-GMO ingredients. In regions of Latin America, non-GMO ingredients are highly utilized in beverage processing. However, the demand is growing gradually. Non-GMO ingredients are widely utilized in packed foods and confectionaries in the Asia Pacific region due to growing consumer awareness the health benefits of foods with non-GMO ingredients. In Europe, growing consumer awareness about clean label products has fuelled the growth of non-GMO ingredients over the past decade. Bound to all these factors, it is anticipated that the non-GMO ingredients will proliferate in terms of volume and value in the future.