PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1627689
PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1627689
The global meat extract market is expected to grow at a CAGR of 4% during the forecast period (2025-2030).
Meat extract is produced through liquid extraction and concentration of the water-soluble fractions of meat. Depending on their provenance and the ingredients in them, meat, bones, and liver, collectively called "meat extract," present different compositions and flavors. Urbanization and busy lifestyles have increased the demand for convenience foods, with the popularity of meat-based flavors and the growing consumer preference for natural food ingredients contributing significantly to the ever-increasing global meat extract market. Additionally, this extract aims to provide complete peptone that is nutritionally enhanced by incorporating protein, phosphates, and other essential components proven to be deficient in peptone, based on careful enzymatic hydrolysis of low-fat, low-connective tissue meats.
Global Meat Extract Market Drivers
There is an excessive increase in the demand for protein-fortified products globally, primarily due to the rapid awareness among consumers regarding fitness and health. Accordingly, meat extract is the primary ingredient in all the products produced. Various types of meat, such as chicken, pork, and meats rich in protein, are vital in making the crucial amino acids in the body that are required for well-functioning. For example, 34% of protein and 16% of energy in the human diet comes from animal sources. Various minerals and proteins in meat have been found to support healthy cell and tissue function including iron and zinc. Moreover, several companies have invested in R&D to deliver novel technologies in meat extract products, positively impacting the market growth over the forecast period.
North America is expected to grow steadily during the forecast period due to the increased consumption of animal-based protein sources. The United States was and is expected to be one of the largest beef producers during the projection years. Mexico is expected to drive the regional market with increased consumption of red meat-based products. Moreover, product traceability is a significant determinant for North America concerning meat extracts. The growing trends, such as technological innovation, an increase in population, and rising demand and consumption of canned foods, concur with the regional market growth during the forecast period.
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