Non-Meat Ingredient Market Report: Trends, Forecast and Competitive Analysis to 2030

Non-Meat Ingredient Trends and Forecast

The future of the global non-meat ingredient market looks promising with opportunities in the beef, pork, poultry, and mutton markets. The global non-meat ingredient market is expected to grow with a CAGR of 4.1% from 2024 to 2030. The major drivers for this market are increasing consumption of convenience foods and growing awareness regarding nutrition and the hectic lifestyles of consumers.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Non-Meat Ingredient by Segment

The study includes a forecast for the global non-meat ingredient by ingredient, source, meat type, product type, and region.

Non-Meat Ingredient Market by Ingredient [Shipment Analysis by Value from 2018 to 2030]:

• Binders
• Fillers
• Extender
• Flavoring Agents
• Coloring Agents
• Preservatives
• Salt
• Texturing Agents

Non-Meat Ingredient Market by Source [Shipment Analysis by Value from 2018 to 2030]:

• Chemical Substance
• Plant Origin
• Animal Origin

Non-Meat Ingredient Market by Meat Type [Shipment Analysis by Value from 2018 to 2030]:

• Beef
• Pork
• Poultry
• Mutton

Non-Meat Ingredient Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:

• Fresh Processed Meat
• Raw-Cooked Meat
• Pre-Cooked Meat
• Raw Fermented Sausage
• Cured Meat
• Dried Meat

Non-Meat Ingredient Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Non-Meat Ingredient Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies non-meat ingredient companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the non-meat ingredient companies profiled in this report include-

• Kerry
• Dow
• Associated British Foods
• Wiberg
• Essentia Protein Solutions
• Advanced Food Systems
• Ingredion

Non-Meat Ingredient Market Insights

Lucintel forecasts that flavoring agent will remain the largest segment over the forecast period.

Within this market, pork will remain the largest segment.

North America will remain the largest region over the forecast period due to increasing inclination towards processed meat products and presence of major players in this region.

Features of the Global Non-Meat Ingredient Market

Market Size Estimates: Non-meat ingredient market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Non-meat ingredient market size by various segments, such as by ingredient, source, meat type, product type, and region in terms of value ($B).

Regional Analysis: Non-meat ingredient market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different ingredients, sources, meat types, product types, and regions for the non-meat ingredient market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the non-meat ingredient market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the growth forecast for non-meat ingredient market?

Answer: The global non-meat ingredient market is expected to grow with a CAGR of 4.1% from 2024 to 2030.

Q2. What are the major drivers influencing the growth of the non-meat ingredient market?

Answer: The major drivers for this market are increasing consumption of convenience foods and growing awareness regarding nutrition and the hectic lifestyles of consumers.

Q3. What are the major segments for non-meat ingredient market?

Answer: The future of the non-meat ingredient market looks promising with opportunities in the beef, pork, poultry, and mutton markets.

Q4. Who are the key non-meat ingredient market companies?

Answer: Some of the key non-meat ingredient companies are as follows:

• Kerry
• Dow
• Associated British Foods
• Wiberg
• Essentia Protein Solutions
• Advanced Food Systems
• Ingredion

Q5. Which non-meat ingredient market segment will be the largest in future?

Answer: Lucintel forecasts that flavoring agent will remain the largest segment over the forecast period.

Q6. In non-meat ingredient market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to increasing inclination towards processed meat products and presence of major players in this region.

Q7. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the non-meat ingredient market by ingredient (binder, filler, extender, flavoring agent, coloring agent, preservative, salt, and texturing agent), source (chemical substance, plant origin, and animal origin), meat type (beef, pork, poultry, and mutton), product type (fresh processed meat, raw-cooked meat, pre-cooked meat, raw fermented sausage, cured meat, and dried meat), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?