Market Insights
Meat ingredients change the characteristics and properties of the meat and provide unique features. Meat ingredients also contribute to the properties of processed meat products; the properties are likely to be changed if these components are reduced or unused, thus making them a crucial part of most processed meats. The global meat ingredients market is expected to register a CAGR of 5.8% during the forecast, 2018-2023. The Asia-Pacific market is expected to witness the highest CAGR%, during the forecast period; this growth will be accounted mostly due to the increase in the per capita meat consumption and also processed meat industries in developing countries, such as China, India, Vietnam, Thailand, and Japan.
Market Dynamics
The global meat ingredients market is growing rapidly. A major factor propelling this market is the high demand for convenience foods, such as instant beverages and snacks. Other factors, such as the increasing user application in processed foods such as meat, frozen meat, etc., along with nutrition and taste convergence, which increased the usage of flavoring agents and salts, are also driving this market. However, factors like quality standards, clean labeling, and health concerns are hindering the market. The meat processing technology will also contribute to the improvement of heavily extended meat products.
Market Segmentation
The market for meat ingredients is segmented by type of ingredients into binders, extenders, flavoring agents, preservatives, etc., in which the binders market holds the largest share. Meat extenders are non-meat substances with substantial protein content, whereas fillers are high in carbohydrates. Meat extenders and fillers are primarily used with the objective of making meat products lower-cost. By meat type, the meat ingredients market is classified into beef, chicken, mutton, pork and others. Beef holds a significant portion in this category, with X% of the total value. By product type, the market is segmented into fresh processed meat, raw-cooked meat, precooked meat and others.
Regional analysis
Various flours are primarily used in extended traditional meat products from Asia-Pacific. One well known example is Moo-Yoh. Asia-Pacific was estimated to be the largest market for meat ingredients, in 2017. This region is projected to be the fastest-growing market, with a CAGR during the forecast period. This growth is mainly due to a large number of food processing and storage industries, particularly in developing countries, such as India, Japan, China, and few other Asian countries. In Africa, the main traditional meat processing methods are meat salting, drying and smoking.
Competitive Landscape
The key players in the global meat ingredients industry are Kerry Group plc, Ohly GmbH, E.I.du Pont de Nemours and Company, Proliant Meat Ingredients, Wenda Ingredients, Alicia Srl, Campus Srl, Redbrook Ingredient Services, WIBERG GmbH (Germany), Advanced Food Systems Inc.
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- Analyzing outlook of the market with the recent trends and Porter’s five forces analysis
- Market dynamics which essentially consider the factors which are impelling the present market scenario along with growth opportunities of the market in the years to come
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market
- Competitive landscape involving the market share of major players along with the key strategies adopted for development in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis and strategies employed by the major market players
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1. Introduction
1.1 Research Phases
1.2 Study Deliverables
1.3 Scope of the Study
1.4 Research Methodology
2. Global Meat Ingredients Market Insights
2.1 Market Overview
2.2 Market Trends
2.3 Industry Attractiveness – Porter’s Five Forces Analysis
2.3.1 Bargaining Power of Suppliers
2.3.2 Bargaining Power of Consumers
2.3.3 Threat of New Entrants
2.3.4 Threat of Substitute Products
2.3.5 Degree of Competition
3. Global Meat Ingredients Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
4. Global Meat Ingredients Market Segmentation
4.1 By Ingredient
4.1.1 Introduction
4.1.2 Binders
4.1.3 Extenders
4.1.4 Fillers
4.1.5 Coloring Agents
4.1.6 Flavoring Agents
4.1.7 Preservatives
4.1.8 Texturing Agents
4.1.9 Salts
4.1.10 Others
4.2 By Meat Type
4.2.1 Mutton
4.2.2 Chicken
4.2.3 Beef
4.2.4 Pork
4.2.5 Other Meat Types
4.3 By Product Type (Qualitative Analysis)
4.3.1 Fresh Processed Meat
4.3.2 Raw Cooked Meat
4.3.3 Pre Cooked Meat
4.3.4 Other Product Types
5. Global Meat Ingredients Market Regional Segmentation and Analysis (Market Size in USD million, 2015-2023)
5.1 North America Meat Ingredients Market Size (2018 - 2023)
5.1.1 US Meat Ingredients Market Size (2018 - 2023)
5.1.2 Canada Meat Ingredients Market Size (2018 - 2023)
5.1.3 Mexico Meat Ingredients Market Size (2018 - 2023)
5.1.4 Rest of North America Meat Ingredients Market Size (2018 - 2023)
5.2 Europe Meat Ingredients Market Size (2018 - 2023)
5.2.1 United Kingdom Meat Ingredients Market Size (2018 - 2023)
5.2.2 France Meat Ingredients Market Size (2018 - 2023)
5.2.3 Germany Meat Ingredients Market Size (2018 - 2023)
5.2.4 Russia Meat Ingredients Market Size (2018 - 2023)
5.2.5 Italy Meat Ingredients Market Size (2018 - 2023)
5.2.6 Rest of Europe Meat Ingredients Market Size (2018 - 2023)
5.3 Asia Pacific Meat Ingredients Market Size (2018 - 2023)
5.3.1 China Meat Ingredients Market Size (2018 - 2023)
5.3.2 Japan Meat Ingredients Market Size (2018 - 2023)
5.3.3 India Meat Ingredients Market Size (2018 - 2023)
5.3.4 Australia Meat Ingredients Market Size (2018 - 2023)
5.3.5 Rest of Asia-Pacific Meat Ingredients Market Size (2018 - 2023)
5.4 South America Meat Ingredients Market Size (2018 - 2023)
5.4.1 Brazil Meat Ingredients Market Size (2018 - 2023)
5.4.2 Argentina Meat Ingredients Market Size (2018 - 2023)
5.4.3 Rest of South America Meat Ingredients Market Size (2018 - 2023)
5.5 Middle East & Africa (MEA) Meat Ingredients Market Size (2018 - 2023)
5.5.1 South Africa Meat Ingredients Market Size (2018 - 2023)
5.5.2 Kingdom of Saudi Arabia Meat Ingredients Market Size (2018 - 2023)
5.5.3 Rest of Middle East & Africa Meat Ingredients Market Size (2018 - 2023)
6. Global Meat Ingredients Market Competitive Landscape
6.1 Strategy Adopted by Key players
6.2 Most Active Companies in the Past Five Years
6.3 Market Share Analysis of the Key Players
7. Global Meat Ingredients Market Company Profiles
7.1 DuPont Danisco
7.2 Kerry Group PLC
7.3 Firmenich
7.4 Koninklijke DSM NV
7.5 Tate & Lyle
7.6 Corbion
7.7 Ingredion
7.8 Archer Daniels Midland Company
7.9 Cargill Inc.
7.10 Givaudan
7.11 Advanced Food Systems Inc.
7.12 Wilberg GmbH
7.13 Rousselot BV
8. Appendix
