Binders and Scaffolders for Meat And Meat Substitutes Global Market Report 2024: Key Players, Demand Patterns And Forecasts 2033 | Aleph Farms Ltd., Archer Daniels Midland Company, Avebe Inc., Danone SA, DuPont Inc

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The Business Research Company offers in-depth market insights through Binders and Scaffolders for Meat And Meat Substitutes Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.

Market Size And Growth Forecast:
The binders and scaffolders for meat and meat substitutes market size has grown strongly in recent years. It will grow from $3.79 billion in 2023 to $4.01 billion in 2024 at a compound annual growth rate (CAGR) of 5.7%. The growth in the historic period can be attributed to consumer health awareness, increased demand for alternative protein, global population growth, rise in urbanization .

The binders and scaffolders for meat and meat substitutes market size is expected to see strong growth in the next few years. It will grow to $4.98 billion in 2028 at a compound annual growth rate (CAGR) of 5.5%. The growth in the forecast period can be attributed to growing trend of functional foods, increasing demand for protein-rich food products, growing demand for meat substitutes, rise in disposable income. Major trends in the forecast period include clean meat technology, customized texture, 3d printing and structured foods, insect-based binders, fermentation-derived ingredients.

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Market Segmentation:
The main types of binders and scaffolders for meat and meat substitutes are binders for meat and meat substitutes, and scaffolders for cultured meat. Collagen and gelatin, both of which are produced from animals, are the most common scaffolds utilized in cultured meat research. Plant-derived biomaterials for scaffolding are being investigated extensively to correspond with the cell-based meat concept, which includes environmental conservation and animal welfare. Binding agents in meat analogs might be animal or plant-based substances that act as both a water and fat binder. The meat types are beef, pork, fish, and poultry with applications in various industries such as meat products, meat substitutes, and cultured meat.

Major Driver - Rise In Flexitarian And Vegan Lifestyles Drives Binders And Scaffolders For Meat And Meat Substitutes Market
Consumers shifting toward a flexitarian and vegan lifestyle is expected to propel the growth of the binders and scaffolders for the meat and meat substitutes market over the coming years. Flexitarian is defined as the style of eating mostly plant-based foods allowing meat and other animal products in moderation. It provides various health benefits such as a healthy lifestyle. For instance, according to Nutrition Company, Kerry 61% of consumers consider plants to be a preferred protein source, over animal-based proteins globally. Therefore, consumers shifting toward a flexitarian and vegan lifestyle drives the gelatin market.

Competitive Landscape:
Major companies operating in the binders and scaffolders for meat and meat substitutes market include Aleph Farms Ltd., Archer Daniels Midland Company, Avebe Inc., Danone SA, DuPont Inc., Excell Corp., Gelita Ag, Ingredion Incorporated, Kerry Group, Matrix Meats Inc., Memphis Meats, Mosa Meat, Nexira SAS, Roquette Freres Inc., SeaWith Co. Ltd., Wiberg GMBH, Cargill Inc., Ashland Global Holdings Inc., CP Kelco, Tate & Lyle plc, Corbion N.V., Fiberstar Inc., Kalsec Inc., Lallemand Inc., Naturex SA, Palsgaard A/S, Proliant Meat Ingredients Inc., Puratos Group, Red Arrow International LLC, Riken Vitamin Co. Ltd.

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Top Trend - Technological Advancements Reshape The Meat And Meat Substitutes Market
Technological advancements are shaping the meat and meat substitutes market. Technological advancement is defined as a discovery of knowledge that advances technology and provides enhanced products to the customers. Cellular-based agriculture is a new technique that allows meat and other agricultural products to be made from cells in a fermenter or bioreactor instead of from farm animals. It has various advantages such as less environmental repercussions, a safer, purer product, and a more consistent supply. For instance, in September 2021, Givaudan, Buhler, and Migros formed a new company, the Cultured Food Innovation Hub, that operates on cell culture and bio-fermentation capabilities. The company attracted an investment of $700 million which results in generating more demand for the product using this technology.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Binders and Scaffolders for Meat And Meat Substitutes Market Characteristics
3. Binders and Scaffolders for Meat And Meat Substitutes Market Trends And Strategies
4. Binders and Scaffolders for Meat And Meat Substitutes Market - Macro Economic Scenario
5. Binders and Scaffolders for Meat And Meat Substitutes Market Size And Growth
…..
27. Binders and Scaffolders for Meat And Meat Substitutes Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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