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Rising Ready-To-Eat Food Demand Boosts The Meat-Based Flavor Market Growth: An Emerging Driver Transforming The Meat-Based Flavors Market Landscape
The Meat-Based Flavors Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Projected Growth of the Meat-Based Flavors Market?
The meat-based flavors market is projected to grow from $3.62 billion in 2024 to $3.85 billion in 2025 at a CAGR of 6.5%. This growth is attributed to demand for convenience foods, global cuisine trends, and the expansion of fast food and QSR chains.
The meat-based flavors market size is expected to see strong growth in the next few years. It will grow to $4.89 billion by 2029, with a compound annual growth rate (CAGR) of 6.1%. The growth in the forecast period can be attributed to increasing health consciousness, rising disposable incomes, consumer preference for authentic and natural flavors, demand for ethnic and exotic flavors, and a growing interest in natural and organic food ingredients. Key trends include advancements in meat-based flavors mimicking traditional meats, ethically and sustainably sourced flavors, personalized nutrition, flavor extraction innovations, and the development of meat-based flavors with functional benefits.
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What Are the Different Meat-Based Flavors Market Segments?
The meat-based flavors market covered in this report is segmented -
1) By Type: Natural Meat Flavor, Artificial Meat Flavor
2) By Flavor: Chicken, Beef, Pork, Turkey, Fish And Seafood, Other Flavors
3) By Application: Baked Goods, Soups And Sauces, Savory, Ready Meals, Processed Meat, Other Applications
Subsegments:
1) By Natural Meat Flavor: Beef Flavor, Chicken Flavor, Pork Flavor, Lamb Flavor, Fish Flavor (Salmon, Tuna), Turkey Flavor, Game Meat Flavors (Venison, Bison), Bacon Flavor, Smoked Meat Flavors (Smoked Beef, Smoked Pork), Natural Meat Broths And Stocks, Vegetable And Herb-Enhanced Natural Meat Flavors
2) By Artificial Meat Flavors: Artificial Beef Flavor, Artificial Chicken Flavor, Artificial Pork Flavor, Artificial Fish Flavor, Artificial Bacon Flavor, Artificial Game Meat Flavor, Artificial BBQ Meat Flavors, Artificial Meat Flavors For Plant-Based Products, Artificial Meat Seasoning And Marinade Flavors, Synthetic Meat Flavors For Processed Foods
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What Are the Primary Drivers Shaping the Meat-Based Flavors Market?
The increasing demand for ready-to-eat foods is expected to drive the growth of the meat-based flavor market. Ready-to-eat foods, such as frozen meals, bread, filled pasta, and frozen pizzas, are pre-cooked, pre-packaged, and ready for immediate consumption. The convenience of these foods is fueling their growing popularity, catering to busy lifestyles and the demand for quick meal solutions. Meat-based flavors enhance the taste of ready-to-eat foods, making them more satisfying for consumers who enjoy savory, hearty meals. For instance, in January 2023, the American Frozen Food Institute, a U.S.-based trade association, reported that the value of frozen food sales reached $72.2 billion, an 8.6% increase from 2021. Among frozen foods, meat sales rose to $5.9 billion, marking a 9.9% increase from the previous year. Therefore, the rising demand for ready-to-eat food will drive the meat-based flavor market.
Which Companies Are Leading in the Meat-Based Flavors Market?
Major companies operating in the meat-based flavors market are Archer-Daniels-Midland Company, Sensient Technologies Corporation, Essentia Protein Solutions Limited, BRF SA, Symrise AG, Givaudan SA, H.E. Stringer Flavours Limited, International Flavors & Fragrances Inc., Kerry Group plc, Trilogy Essential Ingredients, Firmenich SA, T. Hasegawa Co. Ltd., Calaf Nuances S.L., P.A. Aromatics Flavors S.r.l., Fooding Group Limited, MANE Flavor & Fragrance Manufacturer, Nactis Flavors, Pet Flavors Inc., T. Hasegawa USA Inc., BioSpringer, Food Specialities Limited, Stringer Flavour Ltd., Wixon Inc.
What Trends Are Driving Growth in The Meat-Based Flavors Market?
Leading firms in the meat-flavored market are embracing cutting-edge food technologies to produce plant-based meat substitutes and satisfy the growing demand for sustainable and healthier food choices. These plant-based meat substitutes are concoctions made from plants designed to mimic the taste, texture, and appearance of traditional meat. As an illustration, Kerry Group plc, an Ireland-based company specializing in food and beverage taste solutions, launched SucculencePB in March 2023. This distinctive taste technology boosts the flavor and juiciness of plant-based meats, addressing the prevalent 'dry mouth' concern. SucculencePB elevates nutritional profiles by reducing fat by up to 74%, saturated fat by 97%, and calories by 69%. The patent-pending technology of SucculencePB offers plant-based burger and sausage manufacturers a vegan-friendly solution to retain moisture and taste, while significantly improving the flavor and nutritional qualities of their products to align with consumer expectations.
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What Are the Top Revenue-Generating Geographies in the Meat-Based Flavors Market?
North America was the largest region in the meat-based flavors market in 2024. The regions covered in the meat-based flavors market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Meat-Based Flavors Market?
2. What is the CAGR expected in the Meat-Based Flavors Market?
3. What Are the Key Innovations Transforming the Meat-Based Flavors Industry?
4. Which Region Is Leading the Meat-Based Flavors Market?
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