Meat ingredient market is showing remarkable development over the past couple of years’ predictions of the Meat ingredient market at global scale for the forecast period of 2019-2026.
The objective of Meat ingredient market report is to provide a detailed analysis of Meat ingredient industry and its impact based on applications and on different geographical regions, strategically analyses the growth trends, future prospects. In this report, a thorough investment analysis is provided which forecasts imminent opportunities for the Meat ingredient market players.
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With the rising demand for convenience and processed foods and growing adoption of meat ingredients in these products, the market is expected to witness a conservative growth in the forecast period of 2019-2026, registering a CAGR of 6%. The report includes data from the historic year of 2017 and base year of 2018.
Key Developments in the Market:
- In March 2015, Proliant Meat Ingredients, BHJ Ingredients and Proliant Health announced a merger and a common name titled Essentia Protein Solutions, with the company focused on global solutions for the protein industry.
- In August 2018, Firmenich SA announced the acquisition of Campus. The acquisition is aimed at expanding the protein applications and ingredients market because of Campus’ expertise in natural protein ingredients.
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- Kerry Group
- Wenda Ingredients
- Alicia Srls
- WIBERG GmbH
- Advanced Food Systems Inc.
- Avada, Firmenich SA
- FAT BRANDS INC
Market Drivers & Restraints:
- High demand of convenience foods and ease of use associated with their consumption is expected to drive the market growth
- Adoption and increased preference of processed foods due to the added preservatives and flavouring agents is also expected to drive the market growth
- Lack of standardization and labelling of products is expected to restrain the market growth
- Growing health concerns and awareness with the overconsumption of meat ingredients is also expected to restrain the market growth
- Colouring Agents
- Flavouring Agents
- Texturing Agents
By Meat Type
By Product Type
- Fresh Processed Meat
- Raw & Cooked Meat
- Pre-Cooked Meat
- North America
- South America
- Middle East & Africa
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