PUBLISHER: The Business Research Company | PRODUCT CODE: 1650586
PUBLISHER: The Business Research Company | PRODUCT CODE: 1650586
Meat extract is a concentrated preparation containing concentrated meat essence, offering a robust and rich flavor derived from sources like beef, chicken, and pork. Its primary purpose is to enhance the meat flavor in cooking and to prepare soups and other liquid-based dishes.
Meat extract is available in various forms such as powder, liquid, granules, and paste. Powder form consists of loose substance composed of very small, dry, solid granules. Meat extract powder serves as a fundamental ingredient supporting the artificial growth of microorganisms, especially for bacterial culture and fermentation processes. Various types of meats can be used in the extraction process, including beef, chicken, pork, lamb, and others. The applications of meat extract span both industrial and commercial uses.
The meat extract market research report is one of a series of new reports from The Business Research Company that provides meat extract market statistics, including meat extract industry global market size, regional shares, competitors with a meat extract market share, detailed meat extract market segments, market trends and opportunities, and any further data you may need to thrive in the meat extract industry. This meat extract market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The meat extract market size has grown strongly in recent years. It will grow from $7 billion in 2024 to $7.43 billion in 2025 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to increased demand for ready-to-eat, increased popularity of meaty flavor in various food preparations, increased demand for protein-rich food products, rise in processed foods due to fast-paced lifestyles, increased use in culinary traditions.
The meat extract market size is expected to see strong growth in the next few years. It will grow to $9.62 billion in 2029 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to increasing demand for natural and clean label products, increasing demand for protein supplements, growing demand for natural food products, rising demand for meat extract inThe pharmaceutical industry, increasing demand for meat extract in pet food products. Major trends in the forecast period include plant-based meat extracts, clean and transparent labeling, online retail and direct-to-consumer sales, innovative packaging solutions, gourmet and artisanal products.
The increasing demand for protein-rich food products and beverages is expected to drive the growth of the meat extract market in the future. Protein-rich foods are derived from both plants and animals, providing the body with all the essential amino acids it needs. Meat extract serves as a protein source in various processed meals, helping to reduce salt levels in these foods while enhancing their flavor and nutritional value. For example, a report published in September 2022 by the International Dairy Foods Association (IDFA), a US-based non-profit organization, noted that per capita dairy consumption rose by 12.4 pounds per person in 2022. On a milkfat basis, the average American's dairy consumption was 667 pounds in 2021. Notably, there was significant growth in specific dairy products, with American-type cheese increasing by 0.5 pounds, butter rising by 0.2 pounds, and yogurt contributing an additional 0.7 pounds. Therefore, the growing consumer demand for protein-rich food products and beverages is driving the expansion of the meat extract market.
The increase in meat consumption is anticipated to enhance the growth of the meat extract market in the future. Meat refers to the flesh of animals, primarily mammals and birds, that is consumed as food. It serves as a major source of protein in human diets and is available in various forms, including beef, pork, lamb, poultry, and game meats. As more individuals incorporate meat and meat-based products into their diets, the demand for flavor enhancers such as meat extracts also rises. Meat extracts are utilized to intensify and enhance the natural meaty flavors in a variety of dishes and processed foods. For instance, a report from the US Environmental Protection Agency, a US-based government agency, revealed in December 2023 that beef, lamb and mutton, and pork constituted approximately 26%, 0.12%, and 25% of the total meat produced in the United States in 2022. Additionally, chicken and turkey accounted for about 43% and 5% of total meat production in 2022, respectively. Therefore, the increase in meat consumption is driving the expansion of the meat extract market.
Product innovations have emerged as a significant trend gaining traction in the meat extract market. Major companies within the meat extract sector are concentrating on product innovations to develop new methods and procedures for producing meat extract and expanding its applications. For example, in May 2024, Ajinomoto Co. Inc., a Japan-based food and biotechnology company, introduced KALDOPLUS. KALDOPLUS is a liquid flavoring broth made from chicken meat extract that enhances the taste and aroma of chicken, replicating the qualities of homemade chicken broth. Made with high-quality chicken meat extract and special raw materials, it employs amino acid technology from Ajinomoto. As a fundamental stock seasoning, KALDOPLUS serves as an excellent solution for the hotel, restaurant, and catering industries, enabling the preparation of practical chicken stock with a richer flavor and aroma. KALDOPLUS is offered in 1-liter bottles, specifically designed to meet the needs of the Horeca sector.
Companies in the meat extract market are also launching new products such as meat stick flavors to cater to diverse customer preferences, increase sales, and drive revenue growth. Meat stick flavors refer to distinct taste profiles and seasoning combinations designed to enhance the appeal of meat sticks. Chomps, a US-based meat snack company, introduced two new flavors, Taco Beef and Habanero Beef, in March 2023. Notably, the Habanero Beef stick stands out as the spiciest offering to date, delivering an intense fusion of flavor and heat through a blend of habanero peppers, red pepper, and coriander. These meat sticks are made from grass-fed and finished beef, containing 10 grams of protein, 100 calories, and no sugar.
In January 2024, Duas Rodas, a Brazil-based multinational producer of flavors, botanical extracts, and ingredients for the food and beverage industry, acquired Tropextrakt GmbH for an undisclosed sum. This acquisition enhances Duas Rodas' position as a leader in flavors, botanical extracts, and ingredients for the food industry, providing it with a center for innovation and technological development in one of the largest markets globally. Tropextrakt GmbH is a Germany-based provider of meat extracts.
Major companies operating in the meat extract market include Givaudan SA, Haco Holding AG, International Dehydrated Foods Inc., Carnad A/S, Titan Biotech Ltd., Bhagwati Chemicals, Nikken Foods Co Ltd., Colin Ingredients SAS, NH Foods Limited, Inthaco Co Ltd., Activ International SA, Maverick Biosciences Pty Ltd., Nippon Ham Group, ARIAKE Japan Co Ltd., Meioh Bussan Co Ltd., Kanegrade Limited., BRF S.A., Cargill Incorporated, Clemens Food Group, Conagra Brands Inc., Hormel Foods Corporation, Joesley Batista Sobrinho S.A., Minerva Foods SA, Tyson Foods Inc., Smithfield Foods Inc., Sanderson Farms Inc., Perdue Farms Inc., Pilgrim's Pride Corporation, OSI Group LLC, Marfrig Global Foods S.A., Danish Crown A/S, Tonnies Holding GmbH & Co. KG, Vion Food Group, Westfleisch SCE mbH, H. J. Heinz Company, Nestle S.A., Unilever Group, Kerry Group, Tate & Lyle PLC, Symrise AG, Firmenich SA, International Flavors & Fragrances Inc., Mane SA
North America was the largest region in the meat extract market in 2024. The regions covered in the global meat extract market share report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the meat extract market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The meat extract market consists of sales of nucleotides, polypeptides, carnosine, anserine, amino acids, creatinine, and creatine. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Meat Extract Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on meat extract market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for meat extract ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The meat extract market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.