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Meat Ingredients Market Report 2019- Global Demand Confirming 6% CAGR Growth by 2026

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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Key Competitors

  • Kerry Group
  • Ohly
  • DuPont
  • Essentia
  • Wenda Ingredients
  • Alicia Srls
  • WIBERG GmbH
  • Advanced Food Systems Inc.
  • Avada, Firmenich SA
  • FAT BRANDS INC

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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

Segmentation:

By Ingredient

  • Binders
  • Extenders
  • Fillers
  • Colouring Agents
  • Flavouring Agents
  • Preservatives
  • Texturing Agents
  • Salts
  • Others

By Meat Type

  • Mutton
  • Chicken
  • Beef
  • Pork
  • Others

By Product Type

  • Fresh Processed Meat
  • Raw & Cooked Meat
  • Pre-Cooked Meat
  • Others

Geographical Segmentation:

  • North America
  • South America
  • Europe
  • Asia-Pacific
  • Middle East & Africa

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