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Market Studies
Clean label ingredients market to reach USD 80.69 bn

The global clean-label ingredients market is projected to reach USD 80.69 billion by 2030, at a CAGR of 6.9% from 2023 to 2030, according to a study published by Meticulous Research. Growing consumer preferences for organic and natural ingredients, increasing focus on health and wellness, growing health concerns associated with artificial ingredients, growing consumer demand for clean label meat alternatives, and rise of E-commerce and online grocery shopping are some of the factors driving the growth of the clean label ingredients market.

Food trends at iba

Food trends are one of the four focus topics at the trade fair in October, along with artisan bakery, digitalization and sustainability. Karin Tischer, the founder of food & more, highlighted the trends that are emerging around the world, which are reflected at the iba.FOOD TRENDS TOURS. Four food trends have emerged in 2023, the researcher highlights: digitization, health orientation with indulgence, Food & Beverage trend booster, as well as sustainability.

Healthy snacking trends in the bakery market

Consumers snack for a variety of reasons. This can range from being a substitute for a skipped meal, needing an energy boost, or for a moment of escapism and comfort. Bakery products are popular among consumers for snacking, with 63% of global consumers turning to biscuits and cookies as their preferred type of snack, according to Kate Kehoe, Marketing Executive, FMCG Gurus.

Swiss retail bakery: lower sales, higher turnover

In 2022, consumers bought around 262,915 tonnes of bread and baked goods from Swiss retailers. This corresponds to total sales of around CHF 2.4 billion. Retail sales of bread and baked goods decreased by 6,406 tons, as out-of-home consumption bounces back following the pandemic restrictions. Overall, the demand for bread and baked goods remained high, according to the Swiss Federal Office for Agriculture FOAG.