About Non-Meat Ingredients
Non-Meat Ingredients are used in processed meat products. It enhances or supplement meat products. These ingredients are absolutely necessary, such as salt and spices. The non-meat ingredients are obtained through sources either chemical substances or plant origin or animal origin. These safe for consumers, and improve processing technology and/or sensory quality of the products. For ingredients find the application in meat products such as beef, pork, mutton, and poultry depending upon the properties of the non-meat ingredient used and the meat product.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
CAGR | 2.95% |
In the Non-Meat Ingredients Market, it has been observed that most of the companies are upgrading or introducing innovative products. They rely on strategies such as mergers & acquisitions, product development, geographical expansion, technological innovation and sourcing strategies to enhance their market share. Analyst at AMA Research estimates that Europe and Asian Vendors will contribute the maximum growth to Global Non-Meat Ingredients market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Kerry Group plc (Ireland), Ohly GmbH (Germany), E. I. du Pont de Nemours and Company (United States), Prolient Meat Ingredients (United States), Associated British Foods plc (United Kingdom), Wiberg GmbH (Austria), Campus Srl (Italy), Wenda Co., Ltd. (China), Advanced Food Systems, Inc. (United States), Aliseia Srl (Italy) and Redbrook Ingredient Services Limited (Ireland) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Non-Meat Ingredients market by Type (Fresh Processed Meat, Raw Cooked Meat, Pre-Cooked Meat, Raw Fermented Sausages, Cured Meat, Dried Meat and Others), Application (Binders, Extenders, Fillers, Coloring Agents, Flavoring Agents, Salts, Preservatives and Texturing Agents) and Region.
On the basis of application, Binders segment is dominating the market in the year 2023 where as Coloring Agents segment stood as second largest market .On the basis of geography, the market of Non-Meat Ingredients has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Asia Pacific region held largest market share in the year 2023. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Meat Type , the sub-segment i.e. Beef will boost the Non-Meat Ingredients market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Source, the sub-segment i.e. Chemical Substances will boost the Non-Meat Ingredients market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. Asia Pacific is projected to be the fastest-growing market, expanding at a CAGR of 4.05% from 2023 to 2030.
Influencing Trend:
Inclination for the Convenience Foods in Developing Countries
Market Growth Drivers:
Increasing Demand for Convenience Foods, Meat Processing Plants Preferring Non-Meat Ingredients During Processing and Growing Urbanization and the Western Culture Influence on Food Habit
Challenges:
Developing Demand for Meat Substitutes
Restraints:
Quality Standards and Regulations and Clean Label and Health Concerns
Opportunities:
Exploring Technological Advancements, Nutrition and Taste Convergence and Growing in Meat Industries
Market Leaders and their expansionary development strategies
In November 2023, Protein Powered Farms, the owner and operator of Canada’s largest plant protein extraction facility, has acquired of Lovingly Made Ingredients, a subsidiary of well-known UK plant-based meat brand Meatless Farm.
October 2023, Novozymes has unveiled a new product that promises to shake up the plant-based meat industry by improving the texture and reducing the ingredient list of plant-based meat alternatives. Vertera ProBite is a natural enzyme that can transform plant proteins into fibrous structures that mimic the mouthfeel and bite of animal meat.
Key Target Audience
New Entrants/Investors, Technology and Equipment Providers, Non-Meat Ingredients Providers, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End Users (Food & Beverage and Nutraceutical Industries)
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.