Press release
Accelerating Growth in Meat Extract Market: Highlights on Market Size, CAGR, Drivers, and Emerging Trends
Meat Extract Market
Global meat extract market is projected to grow at a steady rate, supported by the escalating demand for protein-rich food products and the rising popularity of unique meaty flavors in different food preparations.
What Is The Projected Market Size Of The Global Meat Extract And Its Growth Rate?
• The meat extract market saw considerable growth in recent years, with the market value surging from $7 billion in 2024 to $7.43 billion in 2025 (CAGR: 6.2%).
• Reasons for significant growth include a high demand for ready-to-eat food items, increasing preference for meaty flavor in various dishes, and rising demand for protein-rich food products.
• Further, the fast-paced lifestyle has fostered a rise in processed foods, and there is increased usage in culinary traditions.
• The meat extract market size is projected for robust growth in the forecast period, rising to $9.62 billion in 2029 (CAGR: 6.7%).
• Market growth in the forecast period can be attributed to an increased demand for natural and clean label products, growing requirement for protein supplements, an upswing in natural food products' demand, and escalating demand for meat extract in the pharmaceutical industry and pet food products.
What Is Driving The Growth In The Meat Extract?
The surge in demand for protein-rich food products and beverages is expected to fuel the growth of the meat extract market. Meat extract can be used as an essential protein source in various processed meals, reducing salt levels while enhancing flavor and nutritional value. At the same time, it presents significant benefits, including increased sales in the dairy industry. Growing consumer demand for protein-rich food products and beverages is thus serving as a key driver for the surging meat extract market.
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Who Are The Key Players Driving Meat Extract Growth?
• Givaudan SA
• Haco Holding AG
• International Dehydrated Foods Inc.
• Carnad A/S
• Titan Biotech Ltd.
• Bhagwati Chemicals
• Nikken Foods Co Ltd.
• Colin Ingredients SAS
• NH Foods Limited
• Inthaco Co Ltd.
What Are The Key Trends In The Meat Extract Market?
• Plant-based meat extracts
• Clean and transparent labeling
• Online retail and direct-to-consumer sales
• Innovative packaging solutions
• Gourmet and artisanal products
What Are The Segments Of The Global Meat Extract Market?
1. By Form: Powder, Liquid, Granules, Paste
2. By Meat: Beef, Chicken, Pork, Lamb, Other Meats
3. By Application: Industrial, Commercial
Which Region Leads The Meat Extract Market?
North America was the largest region in the meat extract market in 2024, and is expected to maintain its dominance over the forecast period. Other regions covered in the report include Asia-Pacific, Western Europe, Eastern Europe, South America, the Middle East, and Africa.
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What Is Covered In The Meat Extract Global Market Report?
- Market Size Analysis: Analyze the Meat Extract size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Meat Extract for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Meat Extract growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Meat Extract.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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