CAGR 6% Growth Predicted in Meat Ingredient Market by 2026 | A report by Kerry Group, Ohly, DuPont, Essentia, Wenda Ingredients, Alicia Srls and others

Meat ingredient market is showing remarkable development over the past couple of years’ predictions of the Meat ingredient market at global scale for the forecast period of 2019-2026.
The objective of Meat ingredient market report is to provide a detailed analysis of Meat ingredient industry and its impact based on applications and on different geographical regions, strategically analyses the growth trends, future prospects. In this report, a thorough investment analysis is provided which forecasts imminent opportunities for the Meat ingredient market players.

Market Analysis:
With the rising demand for convenience and processed foods and growing adoption of meat ingredients in these products, the market is expected to witness a conservative growth in the forecast period of 2019-2026, registering a CAGR of 6%. The report includes data from the historic year of 2017 and base year of 2018.

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Key Competitors:
• Kerry Group
• Ohly
• DuPont
• Essentia
• Wenda Ingredients
• Alicia Srls
• WIBERG GmbH
• Advanced Food Systems Inc.
• Avada, Firmenich SA
• FAT BRANDS INC

Key Developments in the Market:
•In March 2015, Proliant Meat Ingredients, BHJ Ingredients and Proliant Health announced a merger and a common name titled Essentia Protein Solutions, with the company focused on global solutions for the protein industry.

•In August 2018, Firmenich SA announced the acquisition of Campus. The acquisition is aimed at expanding the protein applications and ingredients market because of Campus’ expertise in natural protein ingredients.

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Segmentation:
By Ingredient
• Binders
• Extenders
• Fillers
• Colouring Agents
• Flavouring Agents
• Preservatives
• Texturing Agents
• Salts
• Others

By Meat Type
• Mutton
• Chicken
• Beef
• Pork
• Others

By Product Type
• Fresh Processed Meat
• Raw & Cooked Meat
• Pre-Cooked Meat
• Others

Geographical Segmentation:
• North America
• South America
• Europe
• Asia-Pacific
• Middle East & Africa

Competitive Analysis:
Global meat ingredients market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of meat ingredients market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

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This release was published on openPR.