Global Meat Extract
Market Report
2025
Delivery Includes:- Market Timeline 2019 till 2031, Market Size, Revenue/Volume Share, Forecast and CAGR, Competitor Analysis, Regional Analysis, Country Analysis, Segment Analysis, Market Trends, Drivers, Opportunities, Restraints, ESG Analysis, Porters Analysis, PESTEL Analysis, Market Attractiveness, Patent Analysis, Technological Trend, SWOT Analysis, COVID-19 Analysis, Consumer Behavior Analysis, etc.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global meat extracts market size will be USD XX million in 2023 and will expand at a compound annual growth rate (CAGR) of 5.3% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Market Size | 121212 |
Country Market Size | 121212 |
North Americ Market Size | 121212 |
Europe Market Size | 121212 |
Asia Pacific Market Size | 121212 |
South America Market Size | 121212 |
Middle East and Africa Market Size | 121212 |
Market Split by Type |
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Market Split by Application |
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Market Split by Form |
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Market Split by End-Use |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Meat Extract Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
To extract the nutrition, flavour, and aroma from meat, it is usually simmered in water for several hours. Common meats used for this purpose are beef and chicken. Meat is the main component of meat extract, though certain formulations could also contain water, salt, and other flavouring agents.
The COVID-19 pandemic has had an unparalleled and exceptional global impact, resulting in a favourable effect on demand in every region. The market's demand, which will eventually revert to pre-pandemic levels after the pandemic is ended, is responsible for the market growth.
Savoury meat flavours are becoming increasingly popular, which is driving the market's rapid global expansion. A lot of processed and packaged goods use meat extracts to give them a meaty flavour. They are frequently used in sauces, soups, meat-based foods, savoury snacks, coatings, and seasonings. They are manufactured from condensed beef stock. The need for ready-to-eat and ready-to-cook meals is being driven by shifting dietary patterns brought on by today's hurried lifestyles, which is contributing to the landscape's expansion.
Rising popularity of meat-flavoured products to propel the meat extract market growth-
Umami, the freshly discovered taste, is quickly becoming more and more well-known worldwide. Nowadays, industrial and commercial processed foods use more and more meat flavours to give the product a savoury flavour. The industry is expanding mainly because meaty flavours are becoming more and more popular in a variety of processed meals. This kind of extract formulation gives the product the flavour and taste that consumers want. Demand for ready-to-cook and ready-to-eat meals that use meat extracts as flavour enhancers and shelf-stable substitutes is rising due to the hectic lifestyle. For instance, according to Food ingredients Europe, consumer demand for all forms of protein is expected to reach an all-time high and continue to climb until 2023. Three-quarters of consumers worldwide indicate that they would want to consume more protein.
Thus, the increasing popularity of meat flavoured products is anticipated to propel the meat extract market growth.
Expanding Middle-class to drive the growth of meat extract product market -
Meat extract-based foods are expected to get a boost globally from the expanding number of middle-class households and the rising desire for unique flavours. Customers are more willing to pay appropriate prices for food as their purchasing power keeps rising. Products made from meat extract have become more and more important in emerging economies as customers' income statements have improved over time. For instance, as per the Brookings 2018 Global Economic Development Report, there were 3.03 billion middle-class people on the planet in 2015, and that number is predicted to rise to 5.41 billion by 2030.
Source- https://www.brookings.edu/wp-content/uploads/2017/02/global_20170228_global-middle-class.pdf
Consumers in Asia Pacific's growing economies are increasingly adopting meat from animals and goods produced from it as a potential source of protein. For instance, Food Innovation Australia Ltd. (FIAL) projects that by 2025, China and India would have contributed to a 47% rise in the world's protein consumption. The region's middle class is predicted to become increasingly affluent, driving up demand for animal protein and ultimately driving up sales of meat extract.
Thus, the expanding middle-class population drives the growth of meat extract product market.
Rising popularity of protein rich diets is becoming more apparent and is anticipated to propel market growth-
The market for meat extracts and related goods is being driven by the rise in popularity of diets high in protein, such as the paleo, keto, and carnivore diets. For instance, according to Food ingredients Europe, customer demand for all types of protein is at an all-time high and is predicted to rise until 2023. Globally, a total of 39% of consumers say that they would like to increase their intake of protein.
To extract the flavour and nutritional value of meat, boiling or enzymatic hydrolysis are the methods used. Rich umami flavour is added by using meat extracts as flavour enhancers in soups, sauces, gravies, and other culinary applications.
Thus, the market for meat extract is growing as more people adopt diets high in protein.
Increasing demand for packaged meat products will further increase the demand for meat extract products-
Globally, there is a growing trend in the consumption of meat, which has raised the need for packaged meat products. Since meat and poultry products have a high nutritious value, their production and consumption have increased substantially worldwide, and this trend is anticipated to continue during the projected period. For instance, according to OECD Data, United States Poultry meat consumption in 2029 is anticipated to be 50.9 Kilograms/capita.
Source- https://data.oecd.org/agroutput/meat-consumption.htm
Revenue from the meat extract business is being driven by an increase in per capita consumer spending on packaged foods.
Thus, customers spend more money on packaged food, there is an increased demand for ingredients used in such products, particularly meat extracts.
Rising availability of plant-based substitutes impedes market growth-
Food processing businesses have been driven to develop innovative plant-based products which replace the meat-based products by the growing popularity of veganism and vegetarianism. The primary obstacle confronting the market is that people are increasingly choosing meatless diets because they are enjoyable, nutritious, and popular. Additionally, consumer preferences have quickly switched from animal products to plant-based products due to growing worries about animal welfare. Major corporations like Titan Biotech and Haco holding A.G. are investing in the development of plant-based meat extract substitutes that have a flavour profile akin to that of the product.
Thus, the main factor limiting the market's expansion is the rising availability of these plant-based extract alternatives.
Increasing veganism among consumers is leading to a decrease in demand for meat extract products-
Over the past few years, there has been a notable increase in the vegan population. In Asia Pacific, Europe, and North America, veganism is rapidly growing in popularity. For instance, according to a Harris Poll done for the Vegetarian Resource Group in March 2019, 2% of Americans identified as vegans. The negative environmental repercussions of the livestock industry are becoming more readily apparent to consumers.
Source- https://www.vrg.org/nutshell/Polls/2019_adults_veg.htm
They have compassion for animals and oppose animal slaughtering. The environmental effects of diets based on animals have come to the attention of others. They are therefore more inclined to give up meat in order to lower carbon emissions and fight climate change. For instance, according to the Food and Agriculture Organisation (FAO), the global livestock business is responsible for 14.5% of greenhouse gas emissions caused by humans, emitting 7.1 gigaton of CO2 annually.
Source- https://www.fao.org/family-farming/detail/en/c/1634679/
As a result, customers are quickly moving away from meat and towards plant-based alternatives.
Nonetheless, the majority of those who adopt a vegan lifestyle do so for medical reasons. Those who are vegan or vegetarian are more likely to be concerned about their health and genetically modified foods. Among the several diet-based movements is veganism. As they make the connection between their own health and fitness and the food they eat, they are finding community with like-minded others.
Thus, increasing veganism among consumers is leading to a decrease in demand for meat extract products.
During the COVID-19 pandemic, people were compelled to cook at home due to restaurant takeaway restrictions and concerns about the rising number of coronavirus cases, which increased their consumption of packaged food. The COVID-19 constraints have allowed people to widen their culinary experiences and introduce the pleasure of eating at home, which has led to a rapid development in the ready-to-eat food industry. Since premade meals were more convenient and had a longer shelf life, consumers preferred them. Thus, the market for these extracts was increased by the rise in the consumption of ready-to-eat meals.
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Due to the presence of significant international competitors, the market is relatively consolidated. The market for meat extract is in high demand due to the growing demand for meat products and the growing popularity of processed food items. Industry participants are prioritising partnerships, innovative product creation, and merger and acquisition initiatives to enhance their range of products and cater to the needs of a broader customer segment.
Recent Developments in the Meat Extracts Market
Source- https://essentiaproteins.com/na/our-company/press-room/press-releases/organic-beef-stocks/
Top Companies Market Share in Meat Extract Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
North America dominated the global market. The fast-paced lifestyles are fuelling the growing demand for processed and ready-to-eat foods, which is propelling the growth of the regional market. The demand for the product has grown as meaty flavours are increasingly prevalent in a variety of culinary applications. The big manufacturers are taking advantage of the increased demand for meat flavours by introducing cutting-edge products. For instance, Bell Flavours and Fragrances, a US-based company, introduced a variety of natural chicken flavours in August 2019 to capitalise on the expanding worldwide meat industry.
Additionally, the US is experiencing a faster rate of growth in meat consumption: The United States Department of Agriculture (USDA) projects that by 2025, each person in the US will consume around 219 pounds of meat. The rise in other countries' use of items made from red meat. The increasing demand for unusual flavouring ingredients is anticipated to be the reason behind the rapid rise of meat extract products in Europe. The demand for products in the European market is rising because to the growing popularity of the umami taste in processed foods like soups and noodles. Furthermore, consumers in the EU are becoming more demanding when it comes to products that benefit the environment, their nation, and their communities. For instance, as per the 2018 medium-term prognosis report by the European Commission, there is an approximate 4% growth in poultry meat production and consumption in the EU between 2018 and 2030.
Source- https://agriculture.ec.europa.eu/system/files/2021-01/medium-term-outlook-2018-report_en_0.pdf
A promising future is anticipated for Asia Pacific because of the region's thriving food sector. The market for meat-based products is growing as Western high protein diets become more and more popular. The market is expanding as a result of the growing demand for ready-to-eat and ready-to-cook products in emerging nations like China and India.
Due to rising meat-based product consumption, Latin America is predicted to expand at the quickest rate. Meat-extract-based products are the preferred food for flavour and nutritional value in Latin American poor nations. They supply the human body with a variety of vital minerals, including iron and vitamins. Furthermore, it is projected that the aggressive involvement of industry participants, such BRF and JBS, in the innovation of new products will support the expansion of the regional market.a
The current report Scope analyzes Meat Extract Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Meat Extract Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Meat Extract Industry growth. Meat Extract market has been segmented with the help of its Type, Application Form, and others. Meat Extract market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
The beef type segment dominates the type segment in the meat extract market. Lamb, pork, chicken, and beef comprise the different market segments based on kind. The market is anticipated to be dominated by the beef extracts category because of its distinct savoury flavour. One factor contributing to the growth of the industry is the growing use of beef flavours in sauces, marinades, and coatings. Additionally, processed goods use beef extract as a food ingredient and flavour enhancer. As regular bottled beverages become more nutritious, there is an increasing need for beef extract in fortified beverages. For instance, well-known producers like Carnad Natural Taste are developing organic and additive-free beef extracts in response to the growing demand for clean-label goods.
Source-https://carnad.com/about/
Since chicken has a high protein level, the chicken market is also expanding significantly. The easy availability and affordable costs of poultry products are driving up demand for them. The high protein content of chicken makes it more popular among consumers who are health-conscious. Since chicken extract is less expensive than other meat extract products, food makers find it to be a cost-effective option. The increasing demand for pork flavour is expected to drive significant growth in the pork market. Furthermore, it is anticipated that the high protein, vitamin A, copper, vitamin B, and iron content of pork powder and extract will accelerate market expansion.
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Ready-to-Cook & Ready-to-Eat Meals application segment dominated the meat extract market. It is anticipated that the market for ready-to-eat and ready-to-cook meals will expand significantly. Manufacturing sectors use meat extract from sources including chicken, pork, beef, and lamb to make a variety of ready-to-eat items such nuggets, canned meals, stews, and more. The growing number of people living hectic lives is fuelling the demand for convenience foods. This application market is growing because a range of meat extract products are widely used as common flavouring additives for soups and broths. The rising demand for soups with umami flavour is also fuelling the segment's expansion. The demand is rising along with the popularity of meat extract broth and ready-to-eat soups in North America and Europe.
which should accelerate the expansion of the market.
Since meat extract powder has a pleasant flavour and aroma that brings out the flavours of products at even lower concentrations, it is utilised in coatings and seasonings. As a result, manufacturers are using more and more meat extract components in their coatings and seasonings. Meat extract paste is used by food producers to enhance the flavour of their dishes by adding meat to sauces and spreads. The flavour of meat extract products in sauces enhances and properly balances the flavour of a variety of sauces and gravies. Furthermore, it is anticipated that producers of meat snacks would have an opportunity to enhance their snack offerings with premium meat extracts due to the robust demand for savoury snacks across the globe.
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On the basis of form, the global meat extract market is segmented into powder, paste, and liquid. The increasing demand for easily soluble beef extract to make a variety of foods, including soups, sauces, noodles, and others, is predicted to propel the powder segment to the top of the worldwide meat extract market.
Meat extract is useful for flavouring food during cooking, such as soup broth and other liquid-based dishes. Enzymatic digestion of fresh, approved-quality meat (beef, chicken, pork and others) produces Extract Powder, which has great growth-promoting properties due to the high protein content present in it. It is highly helpful for both industrial fermentations and laboratory culture media preparations.
Meat extract powders are useful for a wide range of recipes, including ready meals, snacks, stock powder, sauces, soups, nuggets, baby food, fillings, bouillon cubes, coatings, and seasonings. It is frequently used to give soups, stews, sauces, and gravies, among other things, a deep, savoury flavour. It can also be used to improve the flavour of foods high in protein, such as meat dishes. Usually, to make meat extract powders, chunks of meat are simmered in water to extract the flavour. Then, the broth is dried off and ground into a fine powder.
This method makes it easy to add richness and depth to a variety of recipes while retaining the flavour and nutrients of the meat.
Over the forecast period, the market was dominated by the industrial segment. A wide range of items, including nuggets, stock powder, coatings, bouillon cubes, seasoning, soups, sauces, snacks, soup powders, and ready meals, are made with meat extracts from different sources, including beef, hog, fish, chicken, and lamb. Due to the rising number of working professionals, it is anticipated that consumption of instant foods, such as meat snacks, soup, salad, noodles, and other ready-to-eat products that can be quickly prepared, will rise significantly in the upcoming years. Chain restaurants or independent owners own commercial eateries and full-service restaurants. In addition to the eating experience, these establishments take service and food quality into account.
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Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Meat Extract Market is witnessing significant growth in the near future.
In 2023, the Beef segment accounted for noticeable share of global Meat Extract Market and is projected to experience significant growth in the near future.
The Ready-to-Cook & Ready-to-Eat Meals segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Givaudan , Carnad Natural Taste and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Beef, Chicken, Lamb, Pork |
Application | Ready-to-Cook & Ready-to-Eat Meals, Seasonings & Coatings, Soups & Broths, Sauces & Spreads, Savory Snacks, Infant Food, Other Applications |
Form | Powder, Liquid, Granule, Paste |
End-Use | Food Processing, Lab Testing |
List of Competitors | Givaudan, Haco Holding AG, Carnad Natural Taste, International Dehydrated Foods Inc., Titan Biotech, Bhagwati Chemicals, Essentia Protein Solutions, BRF S.A., Foodex Ingredients, Ariake Japan Co., Symrise AG, Nikken Foods Co., Vina Aroma Food Co. |
This chapter will help you gain GLOBAL Market Analysis of Meat Extract. Further deep in this chapter, you will be able to review Global Meat Extract Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
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Chapter 11 Market Split by Application Analysis 2019 -2031
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Chapter 12 Market Split by Form Analysis 2019 -2031
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Chapter 13 Market Split by End-Use Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Meat Extract market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Beef have a significant impact on Meat Extract market? |
What are the key factors affecting the Beef and Chicken of Meat Extract Market? |
What is the CAGR/Growth Rate of Ready-to-Cook & Ready-to-Eat Meals during the forecast period? |
By type, which segment accounted for largest share of the global Meat Extract Market? |
Which region is expected to dominate the global Meat Extract Market within the forecast period? |
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