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Meat Extracts Market Trends

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

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Meat Extracts Market Trends

There is the growing consumer interest in clean label and natural ingredients. As health-consciousness continues to rise, consumers are seeking products with minimal additives and preservatives. Meat extracts, derived from real meat, are gaining favor as natural flavor enhancers, aligning with this trend. Another significant trend is the exploration of diverse meat sources. Manufacturers are expanding their offerings beyond traditional beef and chicken extracts to include options like pork, lamb, and exotic meats. This diversification caters to evolving taste preferences and cultural culinary influences, providing consumers with a broader range of flavors.

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.