Rising Consumer Appetite For Protein-Enriched Food And Beverages Boosts The Meat Extract Market Driver: Leading Transformation in the Meat Extract Market in 2025

How Are the key drivers contributing to the expansion of the meat extract market?
The meat extract market is predicted to burgeon due to the rising consumer preference for food products and drinks enriched with protein. These protein-rich edibles, sourced from both plant and animal variants, deliver the essential amino acids needed by the human body. Meat extract serves as a viable protein source for numerous prepared dishes, simultaneously reducing the salt content and amplifying the taste and nutritional worth of processed food. The International Dairy Foods Association (IDFA), a non-profit based in the US, revealed in their September 2022 report that the per capita consumption of dairy has surged by 12.4 pounds per person in the year 2022. Relative to milkfat, the average American's dairy intake stood at 667 pounds the previous year. Noteworthy is the substantial upswing in specific dairy products with cheese of the American type increasing by 0.5 pounds, butter by 0.2 pounds, and an additional 0.7 pounds attributable to yogurt. This escalating consumer demand for foodstuffs and beverages rich in protein thus propels the expansion of the meat extract market.

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What growth opportunities are expected to drive the meat extract market's CAGR through 2034?
In the past few years, the meat extract market has witnessed robust growth. The market is set to increase from $7 billion in 2024 to $7.43 billion in 2025, with a compound annual growth rate (CAGR) of 6.2%. This growth during the historical period can be credited to factors such as the rising demand for convenient, ready-to-eat food options, the increasing popularity of meat flavors in various culinary preparations, growing demand for protein-rich food items, the surge in processed food consumption triggered by fast-paced lifestyles, and the burgeoning use of meat extract in traditional cooking practices.

The market for meat extract is predicted to experience robust growth over the next few years, with an estimated increase to $9.62 billion by 2029 at a compound annual growth rate (CAGR) of 6.7%. The predicted growth during the forecast period could be due to the rising demand for natural and clean-labelled products, a surge in the demand for protein supplements, an increased need for natural food items, and a growing demand for meat extract in the pharmaceutical industry and pet food products. On-going trends during the forecasted period include the rise of plant-based meat extracts, clarity and transparency in product labeling, a shift towards online retail and direct consumer sales, the emergence of innovative packaging solutions, and a preference for gourmet and artisanal products.

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What are the emerging trends shaping the future of the meat extract market?
Product innovations have been identified as a significant trend gaining traction in the meat extract market. Major players in this sector are honing in on product development, focusing on new techniques and procedures for the production of meat extracts and expanding their applications. Ajinomoto Co. Inc., a company based in Japan specializing in food and biotechnology, exemplifies this trend through its launch of KALDOPLUS in May 2024. This is a chicken meat extract-based liquid flavoring broth that amplifies the flavor and aroma of chicken, replicating the properties of homemade chicken broth. With superior quality chicken meat extract and unique ingredients, it employs Ajinomoto's amino acid technology. As a basic condiment stock, KALDOPLUS is an ideal solution for hotels, restaurants, and catering businesses, simplifying the process of creating flavorful and aromatic chicken stock. KALDOPLUS is available in 1-liter bottles, specifically designed to cater to the needs of the Horeca industry.

Which growth-oriented segments of the meat extract market are leading the industry's development?
The meat extract market covered in this report is segmented -

1) By Form: Powder, Liquid, Granules, Paste
2) By Meat: Beef, Chicken, Pork, Lamb, Other Meats
3) By Application: Industrial, Commercial

Subsegments:
1) By Powder: Spray-Dried Powder, Freeze-Dried Powder
2) By Liquid: Concentrated Liquid, Non-Concentrated Liquid
3) By Granules: Fine Granules, Coarse Granules
4) By Paste: Thick Paste, Semi-Thick Paste

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What regions are leading the charge in the meat extract market?
North America was the largest region in the meat extract market in 2024. The regions covered in the meat extract market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

What companies are at the forefront of innovation in the meat extract market?
Major companies operating in the meat extract market include 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., Activ International SA, Maverick Biosciences Pty Ltd., Nippon Ham Group, ARIAKE Japan Co Ltd., Meioh Bussan Co Ltd., Kanegrade Limited., BRF S.A., Cargill Incorporated, Clemens Food Group, Conagra Brands Inc., Hormel Foods Corporation, Joesley Batista Sobrinho S.A., Minerva Foods SA, Tyson Foods Inc., Smithfield Foods Inc., Sanderson Farms Inc., Perdue Farms Inc., Pilgrim's Pride Corporation, OSI Group LLC, Marfrig Global Foods S.A., Danish Crown A/S, Tönnies Holding GmbH & Co. KG, Vion Food Group, Westfleisch SCE mbH, H. J. Heinz Company, Nestle S.A., Unilever Group, Kerry Group, Tate & Lyle PLC, Symrise AG, Firmenich SA, International Flavors & Fragrances Inc., Mane SA

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What Is Covered In The Meat Extract Global Market Report?

•Market Size Forecast: Examine the meat extract market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the meat extract market for a structured understanding.
•Key Players Overview: Analyze major players in the meat extract market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the meat extract market.
•Segment Contributions: Evaluate how different segments drive overall growth in the meat extract market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the meat extract market.
•Industry Challenges: Identify potential risks and obstacles affecting the meat extract market.
•Competitive Landscape: Review strategic developments in the meat extract market, including expansions, agreements, and new product launches.

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