The global non-meat ingredients market size was valued at USD 28.3 billion in 2020 and is anticipated to surpass USD 34.5 billion by 2028, expanding at a CAGR of 3.6% during the forecast period, 2021–2028. The growth of the market is attributed to the cost-effectiveness of the products owing to lower manufacturing costs and rising demand for ready to eat meat products.
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Non-meat ingredients are type of food additives which are used to improve tenderness, color, and juiciness when added to the final products. They are mixed together with processed meat products to enhance flavor and taste of these food products. Non-meat ingredients are segregated into those which are added to enhance functionality of the muscle proteins and those added as an additional substance to aid in the retention of moisture and modify texture. Non-meat ingredients are made from plants and animals and are manufactured artificially and are specifically designed to increase the shelf life of the food products they are mixed with.
Market Trends, Drivers, Restraints, and Opportunities
- Increasing demand for snacks, ready to eat food products, growing population, and rising consumption are major factors projected to drive the market demand in the coming years.
- Rapid growth of the food processing industry and low cost associated with the non-meat ingredient products are anticipated to propel the market expansion during the forecast period.
- Strict regulations surrounding the approval for the applications of non-meat ingredients by various food regulatory agencies around the globe is expected to hamper the market growth during the forecast period.
- Poor quality standards, clean labeling, and health concerns are challenges anticipated to impede the market growth in the coming years.
- R&D investment and technological advancements in manufacturing the non-meat ingredients are projected to create lucrative opportunities for market players.
Global Non-meat Ingredients Market Segment Insights
Extenders and Fillers segment to account for major market share
Based on ingredients, the global non-meat ingredients market is segregated into binders, extenders & fillers, coloring & flavoring agents, salts & preservatives. Th extenders & fillers segment are projected to represent major market share during the forecast period. Extenders and fillers are extensively used in meat processing industries to enhance the taste and flavor of the food products which is anticipated to spur the market expansion in the coming years.
Beef segment is anticipated to register significant growth rate
In terms of meat types, the global non-meat ingredients market is segmented into beef, pork, mutton, poultry. The beef segment is projected to expand at rapid pace during the forecast period due to the increasing consumption of beef world-wide. The growing demand and increasing production of meat products around the globe is expected to drive the market growth in the coming years.
Raw and Precooked segment is expected to constitute for large market share
Based on products, the global non-meat ingredients market is segregated into fresh processed, raw & pre-cooked, sausages, cured, dried. The raw and precooked segment is expected to constitute for large market share in the coming years owing to rising demand for ready to eat products around the world, changing positive taste preferences towards food products mixed with non-meat ingredients, and decreasing cost of the products.
North America is anticipated to dominate the market
On the basis of regions, the global non-meat ingredients market is categorized as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market of North America is anticipated to dominate the market during the forecast period. The regional market growth can be attributed to increase in consumption of processed meat. The North America market holds the largest share of more than 40% in 2020.
Competitive Landscape
Key players competing in the global non-meat ingredients market include Kerry Group Plc, Du Pont, Campus SRL, Associated British Foods Plc, Wiberg GmbH, Aliseia SRL, Redbrook Ingredient Services Limited, General Mills, Wenda Ingredients, and Advanced Food Systems.
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Global Meat Ingredients Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027 – DecisionDatabases.comThe comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved.
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The segment analysis is useful in understanding the growth areas and probable opportunities of the market.Download Free Sample Report of Global Meat Ingredients Market @ https://www.decisiondatabases.com/contact/download-sample-23326The report also covers the complete competitive landscape of the global Meat Ingredients market with company profiles of key players such as: Kerry GroupOhly GmbHE.I.Du Pont De Nemours and CompanyProliant Meat IngredientsWenda IngredientsAlicia SrlWiberg Gmbh (Germany)Advanced Food SystemsCampus SrlRedbrook IngredientThe detailed description of each has been included, with information in terms of H.Q, future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other latest industrial developments.SEGMENTATIONS IN THE REPORT: By TypeMuttonChickenBeefPorkOtherBy ApplicationSupermarkets and HypermarketsConvenience StoresSpecialist RetailersOtherBy Geography:North America (NA) – US, Canada, and MexicoEurope (EU) – UK, Germany, France, Italy, Russia, Spain & Rest of EuropeAsia-Pacific (APAC) – China, India, Japan, South Korea, Australia & Rest of APACLatin America (LA) – Brazil, Argentina, Peru, Chile & Rest of Latin AmericaMiddle East and Africa (MEA) – Saudi Arabia, UAE, Israel, South AfricaBrowse the complete Global Meat Ingredients Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027 @ https://www.decisiondatabases.com/ip/23326-meat-ingredients-market-report The Global Meat Ingredients Market has been exhibited in detail in the following chapters –Chapter 1 Meat Ingredients Market Preface Chapter 2 Executive SummaryChapter 3 Meat Ingredients Industry AnalysisChapter 4 Meat Ingredients Market Value Chain AnalysisChapter 5 Meat Ingredients Market Analysis By TypeChapter 6 Meat Ingredients Market Analysis By ApplicationChapter 7 Meat Ingredients Market Analysis By GeographyChapter 8 Competitive Landscape Of Meat Ingredients CompaniesChapter 9 Company Profiles Of Meat Ingredients IndustryPurchase the complete Global Meat Ingredients Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-23326Other Reports by DecisionDatabases.com:Global Beverage Ingredients Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027Global Dairy Ingredient Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027Global Alcohol Ingredient Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
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In a recent business intelligence study, Fact.MR presents the nitty-gritty of the global specialty meat ingredients market considering 2014-2018 as the historic year and 2019–2027 as the stipulated timeframe.
The business report highlights the drivers, restraints, opportunities and trends affecting specialty meat ingredients market growth.
Further, all the market shares associated with the market as well as the segments are expressed in terms of value and volume.The specialty meat ingredients market study outlines the key regions – Latin America, North America, MEA, Europe and APEJ – along with the countries contributing the most in the respective regions.
The report presents detailed insights about each market player, including SWOT analysis, main market information, market share, revenue, pricing and gross margin.
Prominent players covered in this research are Advanced Food Systems Inc., Essentia Protein Solutions, Firmenich S.A., WIBERG GmbH and many others.The specialty meat ingredients market report addresses the below-mentioned queries:Why are vendors shifting away from traditional methods of manufacturing specialty meat ingredients?How does the global specialty meat ingredients market looks like in the next five years?Which end use industry is expected to surpass segment by the end of 2027?What innovative products are being introduced by the players in the global specialty meat ingredients market?Which regions are showing the fastest market growth?On the basis of end use, the specialty meat ingredients market study incorporates:Bakery & Confectionary ProductsBlends, Dressings & DipsSoups & SaucesMeat & SeafoodYou can Request an Example Copy from here - https://www.factmr.com/connectus/sample?flag=S_id=4512About the Food & Beverages Division at Fact.MRExpert analysis, actionable insights, and strategic recommendations, the food & beverage team at Fact.MR helps clients from all over the globe with their unique business intelligence needs.
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