As per our analysis report, the Europe Meat Ingredients Market is expected to reach USD 9.51 billion by 2029 from USD 8.16 billion in 2024, growing at a compound annual growth rate (CAGR) of 3.1% during the forecast period.
Meat ingredients or multi-functional meat processing ingredients change the characteristics and properties of the meat to provide new characteristics or enhance some other properties like shelf life, taste, texture or colour. Final product properties are mostly altered by the use of these ingredients, hence making them a crucial part in the processing as they enhance the final product.Factors contributing to the growth of market include increasing consumption of processed food and meat products, and increasing focus of key manufacturers to provide superior quality of multi-functional meat ingredients using advanced technologies. However, consumer skepticism and stringent regulations are the factors hindering the growth of market.
Based on Type Pork and Beef hold the major share in the market due to the large number of bacon, steak, and ham consuming individuals, and Mutton is expected to grow the fastest
Based on Products Fresh Processed and Sausages are holding the major share in the market while Pre Cooked segment is expected to grow the fastest.
The U.K. holds the major share of the market due to the presence of market leaders as well as a large population of Meat Ingredients consuming individuals. Germany is the fastest growing region due to increasing demand and product innovation and increasing disposable income.
Some of the key players dominating this market are E. I. Du Pont De Nemours and Company, Kerry Group PLC, Associated British Foods PLC, Wiberg GmbH, Proliant Non-Meat Ingredients, Campus SRL, Wenda Ingredients, Advanced Food Systems, Inc, Aliseia SRL and Redbrook Ingredient Services Limited.
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