Press release
Non-Meat Ingredients Market to Witness Massive Growth by 2028 | Kerry, Dow, Wiberg
According to HTF Market Intelligence, the Global Non-Meat Ingredients market to witness a CAGR of 4.3% during the forecast period (2023-2029). The Latest Released Non-Meat Ingredients Market Research assesses the future growth potential of the Non-Meat Ingredients market and provides information and useful statistics on market structure and size.This report aims to provide market intelligence and strategic insights to help decision-makers make sound investment decisions and identify potential gaps and growth opportunities. Additionally, the report identifies and analyses the changing dynamics and emerging trends along with the key drivers, challenges, opportunities and constraints in the Non-Meat Ingredients market. The Non-Meat Ingredients market size is estimated to increase by USD 9.1 Billion at a CAGR of 4.3% from 2023 to 2029. The report includes historic market data from 2023 to 2029. The market value is pegged at USD 37.5 Billion.
The Major Players Covered in this Report: Kerry Group (Ireland), Dow (United States), Associated British Foods plc (United Kingdom), Wiberg GmbH (Germany), Essentia Protein Solutions (United States), Advanced Food Systems (United States), Ingredion (United States), ADM (United States), Hydrosol GmbH & Co. Kg (Germany), Wiberg GmbH (Germany). Additionally, other players that are part of this detailed analysis are Corbion (Netherlands), Roquette Frères (France), Tate & Lyle (United Kingdom), Roquette (France)
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Definition:
The Non-Meat Ingredients Market refers to the sector within the food and beverage industry that deals with the production, distribution, and use of various components used in the formulation and preparation of food products, particularly those that do not contain meat or are intended to enhance the characteristics of meat-based products. Non-meat ingredients play a critical role in creating texture, flavor, appearance, and nutritional content in a wide range of food items, including vegetarian and vegan products, meat substitutes, processed meats, and more.
Market Trends:
There's a notable surge in the development of novel and advanced plant-based proteins, driven by innovative extraction techniques and ingredient combinations.
Consumer demand for cleaner labels and natural ingredients is pushing manufacturers to focus on simple, recognizable, and minimally processed non-meat ingredients.
Market Drivers:
The increasing global awareness of health and sustainability is propelling the demand for plant-based and vegetarian diets.
Concerns over environmental impact, resource scarcity, and animal welfare are pushing consumers and food manufacturers alike to explore more sustainable and ethical food choices, driving the adoption of non-meat ingredients.
Market Challenges:
One primary hurdle is replicating the authentic taste and texture of meat.
Balancing this with an appealing nutritional profile presents another challenge.
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The titled segments and sub-sections of the market are illuminated below:
In-depth analysis of Non-Meat Ingredients market segments by Types: Binders, Fillers, Extenders, Flavoring Agents, Coloring Agents, Preservatives, Salts, Texturing Agents
Detailed analysis of Non-Meat Ingredients market segments by Applications: Chemical substances, Plant origin, Animal origin
Major Key Players of the Market: Kerry Group (Ireland), Dow (United States), Associated British Foods plc (United Kingdom), Wiberg GmbH (Germany), Essentia Protein Solutions (United States), Advanced Food Systems (United States), Ingredion (United States), ADM (United States), Hydrosol GmbH & Co. Kg (Germany), Wiberg GmbH (Germany). Additionally, other players that are part of this detailed analysis are Corbion (Netherlands), Roquette Frères (France), Tate & Lyle (United Kingdom), Roquette (France)
Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
- The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
- North America (United States, Mexico & Canada)
- South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
- Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
- Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
Objectives of the Report:
-To carefully analyse and forecast the size of the Non-Meat Ingredients market by value and volume.
-To estimate the market shares of major segments of the Non-Meat Ingredients market.
-To showcase the development of the Non-Meat Ingredients market in different parts of the world.
-To analyse and study micro-markets in terms of their contributions to the Non-Meat Ingredients market, their prospects, and individual growth trends.
-To offer precise and useful details about factors affecting the growth of the Non-Meat Ingredients market.
-To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Non-Meat Ingredients market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.
Global Non-Meat Ingredients Market Breakdown by Type (Binders, Fillers, Extenders, Flavoring Agents, Coloring Agents, Preservatives, Salts, Texturing Agents) by Meat Type (Beef, Pork, Poultry, Mutton) by Source (Chemical substances, Plant origin, Animal origin) by Product Type (Fresh processed Meat, Raw cooked meat, Pre-cooked Meat) and by Geography (North America, South America, Europe, Asia Pacific, MEA)
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Key takeaways from the Non-Meat Ingredients market report:
- Detailed consideration of Non-Meat Ingredients market-particular drivers, Trends, constraints, Restraints, Opportunities, and major micro markets.
- Comprehensive valuation of all prospects and threats in the
- In-depth study of industry strategies for growth of the Non-Meat Ingredients market-leading players.
- Non-Meat Ingredients market latest innovations and major procedures.
- Favourable dip inside Vigorous high-tech and market latest trends remarkable the Market.
- Conclusive study about the growth conspiracy of Non-Meat Ingredients market for forthcoming years.
Major questions answered:
- What are influencing factors driving the demand for Non-Meat Ingredients near future?
- What is the impact analysis of various factors in the Global Non-Meat Ingredients market growth?
- What are the recent trends in the regional market and how successful they are?
- How feasible is Non-Meat Ingredients market for long-term investment?
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Major highlights from Table of Contents:
Non-Meat Ingredients Market Study Coverage:
- It includes major manufacturers, emerging player's growth story, and major business segments of Non-Meat Ingredients market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.
- Non-Meat Ingredients Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
- Non-Meat Ingredients Market Production by Region
- Non-Meat Ingredients Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.
Key Points Covered in Non-Meat Ingredients Market Report:
- Non-Meat Ingredients Overview, Definition and Classification Market drivers and barriers
- Non-Meat Ingredients Market Competition by Manufacturers
- Non-Meat Ingredients Capacity, Production, Revenue (Value) by Region (2023-2029)
- Non-Meat Ingredients Supply (Production), Consumption, Export, Import by Region (2023-2029)
- Non-Meat Ingredients Production, Revenue (Value), Price Trend by Type {Binders, Fillers, Extenders, Flavoring Agents, Coloring Agents, Preservatives, Salts, Texturing Agents}
- Non-Meat Ingredients Market Analysis by Application {Chemical substances, Plant origin, Animal origin}
- Non-Meat Ingredients Manufacturers Profiles/Analysis
- Non-Meat Ingredients Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
- Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.
Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, MINT, BRICS, G7, Western / Eastern Europe, or Southeast Asia. Also, we can serve you with customized research services as HTF MI holds a database repository that includes public organizations and Millions of Privately held companies with expertise across various Industry domains.
Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +1 434 322 0091
sales@htfmarketintelligence.com
About Author:
HTF Market Intelligence Consulting is uniquely positioned to empower and inspire with research and consulting services to empower businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events, and experience that assist in decision-making.
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