Demand for Pig Meat Ingredients to Surge with Novel Meat Product Variants Gaining Prominence : Fact.MR's Market Survey

A value pool of US$5.2Bn by the end of the forecast period (2019-2029) is propelling the global specialty meat ingredients market to a bullish growth of over 5%. The worldwide production and consumption of meat & meat related products has witnessed a sharp spike over the past few years as the overall price of meat is on the decline with demand remaining strong. As per-capita meat consumption continues to proliferate, the requirement to maintain and develop new varieties of meat products is propelling the specialty meat ingredients market.

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The utilization of flavoring agents and salts in processed foods along with nutrition and taste convergence will also drive the specialty meat ingredients market. Owing to a consumer shift towards safe food products, there has been continuous innovation in meat processed technology related to specialty ingredients, which enhances the quality of meat products. Processed meat manufacturers are significantly adopting these ingredients which further escalate the demand for specialty meat ingredients in the foreseeable future.

“In the recent past, an upward trend in processed meat consumption, is translating into a rise in demand for specialty meat ingredients and several other related products that complete the supply chain” says the Fact.MR analyst


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Key Takeaways of Specialty Meat Ingredients Market Study

With an outlook for improving flavor and texture, functional meat ingredients used primarily for the production of poultry products for further processing enable producers to impart desired flavor profiles

The meat and seafood segment accounted for a share of over 40% within the global specialty meat ingredients market. The increasing preference for meat and seafood products in Asiatic countries is accrediting such growth

North America accounts for a large share (35%) within the market for specialty meat ingredients as opposed to other developed regions due to the high demand growth for healthy eating in the region

The demand for meat ingredients in APAC is projected to grow at a high CAGR of 4.5% during the forecast period. This growth is primarily due to the large number of food storage and distribution industries in developing countries such as India, Japan, China and a few countries in Asia

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Global Specialty Meat Ingredients Market: Segmentation

For clearer understanding of the Specialty Meat Ingredients Market, analysts have segmented the market. The segmentation has been done on the basis of application, technology, and users. Each segment has been further explained with the help of graphs figures. This breakdown of the market gives the readers an objective view of the global Specialty Meat Ingredients Market, which is essential to make sound investments.

Ingredient Type

Fiber & Proteins
Starch & Derivatives
Acidulants
Hydrocolloids
Others

Function

Moisture Control
Yield Improvement
Coloring & Flavoring
Preservation
Fillers & Extenders

End-Use Application

Bakery & Confectionery
Snacks
Frozen Desserts
Blends, Dressings, & Dips
Soups & Sauces
Meat & Seafood

Following Questions Answers Covered in the Report are:

How will the global Specialty Meat Ingredients Market perform during the forecast period? What will be the market size in terms of value and volume?

Which segment will drive the global Specialty Meat Ingredients Market? Which regional market will show extensive growth in the future? What are the reasons?

How will the market dynamics change because of the impact of future market opportunities, restraints, and drivers?

What are the key strategies adopted by players to sustain themselves in the global Specialty Meat Ingredients Market?

How will these strategies influence the market growth and competition?

Regional analysis includes

North America (U.S., Canada)
Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
CIS & Russia
Japan
Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)
Middle East and Africa (GCC Countries, Turkey, Iran, Israel, South Africa , Rest of MEA)

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The Report Covers Exhaustive Analysis On:

Market Segments
Market Dynamics
Market Size & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain

The Specialty Meat Ingredients Market report answers the following queries:

What is the largest share held by key players in the market?

What strategies have proven most advantageous in the Specialty Meat Ingredients Market?

Which region promises largest opportunity for new investors during the forecast period 2019 to 2027?

What factors will most likely present challenges to growth during the forecast period?

What will be the value of total revenues, and at what CAGR will the growth compound during the forecast period 2019 to 2027?

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