Meat extract Market - Global Industry Analysis 2014 - 2018 and Forecast 2019 - 2029

Meat Extract  Market
  • To Be Published : Nov-2020 |
  • Status : Work in progress |
  • Format : Meat Extract  Market Meat Extract  Market Meat Extract  Market Meat Extract  Market

Meat extract is concentrated meat stock which is mostly derived from meat. In most of the processed foods meat extract is used to add meat flavor in the food products. Mostly soups and liquid-based soups use meat extract to add meat flavor. They are soluble in water which adds additional benefit to use it in processed food products. It has a wide range of applications such as stock powder, stuffing, snacks, nuggets, ready meals, bouillon cubes, seasoning, soups, coatings, soup powders, and sauces.  It is obtained in two forms such as powder and paste. Meat extract powder is obtained by controlled enzymatic digestion of good quality meat. It is highly concentrated meat stock and used in many processed food products due to its long-lasting shelf life. Meat extract powder is made by growing microorganisms artificially for fermentation and bacterial culture. It is mainly used for biopharmaceutical fermentation. The nutritional content in meat extract is high. It is used to add vibrant aroma to the food products and it has many applications in culinary. There are many different healthy components present in the meat extract such as peptides & amino acids, some minerals, organic acids, vitamins, and nucleotides. It is a desirable additive to a variety of products due to its flavor. Depending upon the food products meat extract can be added to it. Around 5- 25% of meat extract can be added to the various food products to add sufficient nutrition, flavor, and aroma.

Growing demand for meat extract in food and feed biological research laboratories:

Demand for meat extract is increasing in the food and feed industry due to benefits and nutritional content. It can form strong peroxide. It contains myoglobin and haem in high amount and helps for the formation of peroxide. Most of the people demand convenient but nutritious food products. Protein intake is increasing as people are more conscious about their health. Meat extract contains more nutrition so that it has a wide application in the food processing industry. In the food industry, meat extract is used as a flavoring agent in several broths as well as beverages. It is also used in food products such as casseroles, soups, sauces, sausages, meat dishes, and seasoning, etc. also it is used as a taste enhancer and food additive in processed foods.

Global Meat Extract: Market Segmentation

On the basis of source, the global meat extract market has been segmented as-

  • Organic
  • Conventional

On the basis of form, the global meat extract market has been segmented as-

  • Capsules
  • Paste
  • Raw powder

On the basis of end users, the global meat extract market has been segmented as-

  • Food And Beverage Industry
  • Microbiological Culture Media
  • Dietary Supplements

On the basis of the distribution channel, the global meat extract market has been segmented as-

  • Business to Business
  • Business to Consumers
  • Hypermarket/Supermarket
  • Grocery Stores
  • Retail Stores
  • Online
  • Others

On the basis of region, the global meat extract market has been segmented as –

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East & Africa

Meat Extract Market: Key Players

Some of the key players operating in meat extract market are NH Foods Australia, Proliant Inc., Merck KGaA , Neogen Corporation, Carnad Natural Taste, Colin Ingredients, Bhagwati Chemicals, BD Biosciences, Ottogi Co. Ltd., and JBS Global.

Opportunities in meat extract market:

Meat extract is mostly used in microbiological culture media due to an increased usage of microorganisms in biological research and development. It is also used in the animal feed industry to enhance the flavor and fragrance and then the food becomes more tempting for the animals. The demand for halal and kosher-certified meat products is increasing which increases the demand for meat extract powder in the food and beverage industry. In Latin America and European countries meat consumption rate is high this leads to increase in the demand for meat extract in this region. 

Brief Approach to Research

Our analysis will follow a modeling-based approach and triangulation methodology to estimate data covered in this report. A detailed market understanding and assessment of the applications, types, forms, and end uses of the product segments covered in the study is followed by carrying out a demand-side approach to estimate the sales of target product segments, which is then cross-referenced with a supply-side assessment of value generated over a pre-defined period. The statistics and data are collected at a regional level, consolidated and synthesized at a global level to estimate the overall market sizes.

Key Data Points Covered in the Report:

Some of the key data points covered in our report include:

  • An overview of the meat extract Market, including background and evolution.
  • Macroeconomic factors affecting the meat extract Market and its potential.
  • Market dynamics, such as drivers, challenges, and trends in the Meat extract Market.
  • Detailed value chain analysis of the meat extract Market.
  • The cost structure of the products and segments covered in the study of the meat extract Market.
  • In-depth pricing analysis, by key product segments, regions and by major market participants in the meat extract Market.
  • Analysis of supply and demand, such as top producing and consuming geographies, imports/exports, and overall trade scenario.
  • Analysis of the market structure, including a tier-wise categorization of key market participants in the meat extract Market.
  • Competitive landscape of the market, including detailed profiles of the top players in the meat extract Market.
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