Global Meat Ingredients Market Size, Share, Trends, & Growth Forecast Report - Segmented By Type (Beef, Mutton, Pork And Poultry), Product (Fresh Processed, Raw And Pre Cooked, Sausages, Cured, Dried), Ingredients (Binders, Extenders, Fillers, Colouring And Flavouring Agents, Salts And Preservatives), and Region (North America, Europe, Asia Pacific, Latin America, Middle east and Africa) – Industry Analysis (2024 to 2032)

Updated On: June, 2024
ID: 7120
Pages: 175

  

Global Meat Ingredient Market Size (2024 to 2032)

The Global Meat Ingredient Market size was valued at USD 8.63 billion in 2023, and the global market size is expected to reach USD 13.62 billion by 2032 from USD 9.08 billion in 2024. The market’s promising CAGR for the predicted period is 5.2%.

MARKET OVERVIEW

Meat ingredients change the attributes and properties of the meat and give exceptional highlights. Meat ingredients additionally add to the properties of processed meat items; the properties are probably going to be changed if these segments are decreased or unused, accordingly making them a critical piece of most processed meats. Different components, for example, the expanding client application in processed foods, for example, meat, frozen meat, and so forth, alongside nutrition and taste assembly, which expanded the use of enhancing specialists and salts, are likewise driving this market. In any case, factors like quality principles, clean naming and well-being concerns are frustrating the market. Meat processing innovation will likewise add to the improvement of vigorously broadened meat items. Expanded guidelines by the FDA and other administrative bodies in the developed markets are frustrating the development of processed food, particularly processed meat and poultry in the nations.

MARKET DRIVERS

The developing utilization of processed meat in the quick-paced life is expanding the development pace of the meat ingredients market. Moreover, the interest in helpful foods is continually on the ascent. This is additionally a huge driving variable prompting the development of the meat ingredients market. Tough FDA guidelines may hose the development possibilities of the meat ingredients market. The guidelines are particularly influencing processed foods, for example, processed meat and poultry all things considered. The worldwide meat ingredients market is developing quickly. The main consideration for moving this market is the popularity for accommodation foods, for example, instant drinks and Notwithstanding, factors like quality measures, clean labelling, and wellbeing concerns are obstructing the market. The meat processing innovation will likewise add to the improvement of vigorously broadened meat items.

The expansion of specific synthetic substances in the ingredients to upgrade the item may demonstrate as an obstruction in the development of the meat ingredients market. Different factors, for example, quality guidelines and clean label may likewise influence the development rate. In any case, innovative headways in the meat ingredients market may achieve a spike in the development of the meat ingredients market.

REPORT COVERAGE

REPORT METRIC

DETAILS

Market Size Available

2023 to 2032

Base Year

2023

Forecast Period

2024 to 2032

CAGR

5.2%

Segments Covered

By Meat Type, Product, Ingredient, and Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

DuPont, Kerry Group PLC, Ohly GmbH, Firmenich SA, Koninklijke DSM NV, Tate and Lyle PLC, E.I.duPont de Nemours and Company, Proliant Meat Ingredients, Wenda Ingredients, Alicia Srl, WIBERG GmbH and others

 

REGIONAL ANALYSIS

Different flours are essentially utilized in broadened customary meat items from Asia-Pacific. One notable model is Moo-Yoh. Asia-Pacific was evaluated to be the biggest market for meat ingredients, in 2023. This area is anticipated to be the quickest developing business sector, with a CAGR during the conjecture time frame. This development is primarily because of countless food processing and capacity enterprises, especially in creating nations, for example, India, Japan, China, and scarcely any other Asian nations. In Africa, the primary customary meat preparing techniques are meat salting, drying and smoking

KEY PLAYERS IN THE GLOBAL MEAT INGREDIENT MARKET

DuPont, Kerry Group PLC, Ohly GmbH, Firmenich SA, Koninklijke DSM NV, Tate and Lyle PLC,  E.I.duPont de Nemours and Company, Proliant Meat Ingredients, Wenda Ingredients, Alicia Srl, Redbrook Ingredient Services, WIBERG GmbH are some of the notable companies in the global meat ingredients market.

RECENT HAPPENINGS IN THE MARKET

  • Firmenich SA, a key organization in the meat ingredients market increased the main situation by procuring Campus SRL.

DETAILED SEGMENTATION OF THE GLOBAL MEAT INGREDIENT MARKET INCLUDED IN THIS REPORT

This research report on the global Meat Ingredient market has been segmented and sub-segmented based on meat type, product, ingredient, and region.

By Meat Type

  • Beef           
  • Pork           
  • Mutton     
  • Poultry      
  • Others      

By Product

  • Fresh Processed   
  • Raw-Cooked
  • Pre-Cooked            
  • Raw-Fermented Sausages
  • Cured and Dried   
  • Others      

By Ingredient

  • Binders     
  • Extenders
  • Fillers         
  • Colouring Agents  
  • Flavouring Agents
  • Salts and Preservatives      
  • Other Ingredients

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

  

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