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Meat Extracts Market Share

Report ID: GMI6922
Published Date: Oct 2023
Report Format: PDF

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Meat Extracts Market Share

Some of the major companies operating in the meat extracts industry are:

Carnad A/S
Givaudan
Diana Food SAS
Essentia Protein Solutions
BRF SA
International Dehydrated Foods Inc.
Foodex Inti Ingredients
Ajinomoto Co. Inc
JBS S.A.
Symrise AG
Nikken Foods
Haco Holding AG
Ariake Japan Co. Ltd
Maverick Biosciences
Titan Biotech Ltd.

These companies focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these companies are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.

Authors: Kiran Pulidindi, Manish Mohanan

Frequently Asked Questions (FAQ) :

The market size of meat extracts reached USD 1.89 billion in 2023 and is poised to cross USD 2.78 billion by 2032, says this GMI report.

Powder form held a dominant market share of around 45% in 2022, as they are easily measured and incorporated into a wide range of recipes, making them a go-to choice for home cooks and food manufacturers alike.

North America market share was around USD 580.4 million in 2022, as the convenience food culture prevalent in North America has bolstered the use of meat extracts in ready meals and processed foods.

Carnad A/S, Givaudan, Diana Food SAS, Essentia Protein Solutions, BRF SA, International Dehydrated Foods Inc., Foodex Inti Ingredients, Ajinomoto Co. Inc, JBS S.A., Symrise AG, Nikken Foods, Haco Holding AG, Ariake Japan Co. Ltd, Maverick Biosciences, and Titan Biotech Ltd.