Global Meat Extract Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Source (Chicken, Beef, Pork, Fish, Others), By Product Form (Powder, Paste, Others), Distribution Channel (Online, Offline), By Application (Food Products, Pharmaceuticals, Others), And By Geography - Forecasts From 2022 To 2027

The global meat extract market is expected to grow at a CAGR of 4% during the forecast period (2025-2030).

Meat extract is produced through liquid extraction and concentration of the water-soluble fractions of meat. Depending on their provenance and the ingredients in them, meat, bones, and liver, collectively called "meat extract," present different compositions and flavors. Urbanization and busy lifestyles have increased the demand for convenience foods, with the popularity of meat-based flavors and the growing consumer preference for natural food ingredients contributing significantly to the ever-increasing global meat extract market. Additionally, this extract aims to provide complete peptone that is nutritionally enhanced by incorporating protein, phosphates, and other essential components proven to be deficient in peptone, based on careful enzymatic hydrolysis of low-fat, low-connective tissue meats.

What are the Global Meat Extract Market Drivers?

Rising demand for protein-rich food is contributing to the global meat extract market growth

There is an excessive increase in the demand for protein-fortified products globally, primarily due to the rapid awareness among consumers regarding fitness and health. Accordingly, meat extract is the primary ingredient in all the products produced. Various types of meat, such as chicken, pork, and meats rich in protein, are vital in making the crucial amino acids in the body that are required for well-functioning. For example, 34% of protein and 16% of energy in the human diet comes from animal sources. Various minerals and proteins in meat have been found to support healthy cell and tissue function including iron and zinc. Moreover, several companies have invested in R&D to deliver novel technologies in meat extract products, positively impacting the market growth over the forecast period.

Increasing demand for meaty flavors is anticipated to boost the global meat extract market. 

Of late, the umami taste has spread worldwide like wildfire. As the demand for meat-flavored savory additives in processed foods continues to rise, the global industry expands to meet this growing need for meaty flavor profiles in various products. This industry demand results from increased processing and demand for meat flavoring and the entry of processed-ready-to-eat and ready-to-drink food into market commercialism. Since long ago, businesses started using artificial flavoring in their processed RTE and RTD food products. The other way these companies are trying to market more processed goods, such as noodles, instant bouillons, and snacks, with more meaty characters is through using different natural sources in response to increasing demand for more natural and less artificial flavors. 

Moreover, the ingredients add a soft and pleasant mouthfeel alongside the required meaty flavour to the finished food products. Thus, meat extracts have been used in processed foods in an increasing number in the last ten years and are expected to increase further in the future.

Reduction of waste and sustainability is anticipated to boost the global meat extract market. 

The growing emphasis on sustainability and waste reduction in the food business is another factor contributing to the rise in the use of beef extract. Meat extract is generally created from by-products of the meat industry, such as bones, trimmings, and other parts that are not suitable for human consumption. Producers are now extracting valuable flavors from these by-products to create meat extracts. It aligns with the greater draw towards sustainable food production and consumption as it reduces the environmental impact of meat production and encourages resource efficiency. Thus, there is expected to be increased usage of meat extract as a sustainable ingredient as more consumers grow conscientious about the environment. 

Moreover, there has been much innovation and development of products in meat extracts due to the focus on sustainability and waste reduction. Manufacturers are developing new flavours, formats, and packaging options to create convenience and appeal to the wider market. Increased per capita spending on packaged foods is driving revenue in the meat extract space.

Global Meat Extract Market Restraints:

Rising demand for plant-based alternatives is anticipated to hamper the market growth

Food processing companies are developing new plant-based products to imitate meat alternatives due to the increasing resurgence of vegetarian and vegan lifestyles. The key challenge for the market is the fun, healthy, and fashionable factor in a meatless diet. Moreover, as per consumer trends and lifestyles, plant-based products are replacing animal products with increased concern for animal welfare. Companies like Titan Biotech and Haco Holding A.G. are spending on plant-based meat flavor products that are as good as the existing ones. The increasing availability of these plant-based extract alternatives is the major constraint on the market growth.

Geographical Outlook of the Global Meat Extract Market:

North America is witnessing exponential growth during the forecast period.

North America is expected to grow steadily during the forecast period due to the increased consumption of animal-based protein sources. The United States was and is expected to be one of the largest beef producers during the projection years. Mexico is expected to drive the regional market with increased consumption of red meat-based products. Moreover, product traceability is a significant determinant for North America concerning meat extracts. The growing trends, such as technological innovation, an increase in population, and rising demand and consumption of canned foods, concur with the regional market growth during the forecast period.

 

 

 

 

Key Launches in the Global Meat Extract Market:

In October 2022, the American beef and meat extract manufacturer Essentia Protein Solutions intended to increase its production capacity close to Dalton, Georgia. The new facility focuses on producing food-grade stocks, broths, extracts, and fats.

In March 2022, Mzansi Meat, a South African cell-based meats company, unveiled its cultivated beef burger. It is the first product developed in an African country. Following a successful two-year R&D period and participation in the Brinc Food Tech accelerator program, the company will be able to begin scaling up production of its cultivated beef burger. Following the release of their lab-grown burger, the company plans to work on developing cell-based nuggets, steak, sausages, and chicken.

 

The global meat extract market is segmented and analyzed as follows:

By Source

Chicken

Beef

Pork

Fish

Others

By Product Form

Powder

Paste

Others

By Distribution Channel

Offline

Online

By Applications

Food Products

Pharmaceuticals

Others

By Geography

North America

USA

Canada

Mexico

South America

Brazil

Argentina

Others

Europe

United Kingdom

Germany

France

Italy

Spain

Others

Middle East and Africa

Saudi Arabia

UAE

Others

Asia Pacific

China

Japan

India

South Korea

Australia

Others

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1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base and Forecast Years Timeline

1.8. Key Benefits to the Stakeholder

2. RESEARCH METHODOLOGY  

2.1. Research Design

2.2. Research Processes

3. EXECUTIVE SUMMARY

3.1. Key Findings

3.2. CXO Perspective

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

4.5. Analyst View 

5. GLOBAL MEAT EXTRACT MARKET BY SOURCE

5.1. Introduction

5.2. Chicken

5.3. Beef

5.4. Pork

5.5. Fish

5.6. Others

6. GLOBAL MEAT EXTRACT MARKET BY PRODUCT FORM

6.1. Introduction

6.2. Powder

6.3. Paste

6.4. Others

7. GLOBAL MEAT EXTRACT MARKET BY DISTRIBUTION CHANNEL

7.1. Introduction

7.2. Offline

7.3. Online

8. GLOBAL MEAT EXTRACT MARKET BY APPLICATION

8.1. Introduction

8.2. Food Products

8.3. Pharmaceuticals

8.4. Others

9. GLOBAL MEAT EXTRACT MARKET BY GEOGRAPHY

9.1. Introduction

9.2. North America

9.2.1. By Source

9.2.2. By Product Form

9.2.3. By Distribution Channel

9.2.4. By Application

9.2.5. By Country

9.2.5.1. USA

9.2.5.2. Canada

9.2.5.3. Mexico

9.3. South America

9.3.1. By Source

9.3.2. By Product Form

9.3.3. By Distribution Channel

9.3.4. By Application

9.3.5. By Country

9.3.5.1. Brazil

9.3.5.2. Argentina

9.3.5.3. Others

9.4. Europe

9.4.1. By Source

9.4.2. By Product Form

9.4.3. By Distribution Channel

9.4.4. By Application

9.4.5. By Country

9.4.5.1. United Kingdom

9.4.5.2. Germany

9.4.5.3. France

9.4.5.4. Italy

9.4.5.5. Spain

9.4.5.6. Others

9.5. Middle East and Africa

9.5.1. By Source

9.5.2. By Product Form

9.5.3. By Distribution Channel

9.5.4. By Application

9.5.5. By Country

9.5.5.1. Saudi Arabia

9.5.5.2. UAE

9.5.5.3. Others

9.6. Asia Pacific

9.6.1. By Source

9.6.2. By Product Form

9.6.3. By Distribution Channel

9.6.4. By Application

9.6.5. By Country

9.6.5.1. China

9.6.5.2. Japan

9.6.5.3. India

9.6.5.4. South Korea

9.6.5.5. Indonesia

9.6.5.6. Taiwan

9.6.5.7. Others

10. COMPETITIVE ENVIRONMENT AND ANALYSIS

10.1. Major Players and Strategy Analysis

10.2. Market Share Analysis

10.3. Mergers, Acquisitions, Agreements, and Collaborations

10.4. Competitive Dashboard

11. COMPANY PROFILES

11.1. International Dehydrated Foods, Inc.

11.2. Titan Biotech

11.3. Bhagwati Chemicals

11.4. Carnad Natural Taste

11.5.  A. Costantino & C. S.P.A.

11.6. Nikken Foods

11.7. Thermo Fisher Scientific

11.8. Thomas Scientific

11.9. CDH Fine Chemicals

11.10. Chaitanya Agro Biotech 

11.11. Jeevan Chemicals & Pharmaceuticals

11.12. My Micro Lab

11.13. Loba Chemie

11.14. Crescent Biotech

11.15. Reached Chemicals

International Dehydrated Foods, Inc.

Titan Biotech

Bhagwati Chemicals

Carnad Natural Taste

 A. Costantino & C. S.P.A.

Nikken Foods

Thermo Fisher Scientific

Thomas Scientific

CDH Fine Chemicals

Chaitanya Agro Biotech 

Jeevan Chemicals & Pharmaceuticals

My Micro Lab

Loba Chemie

Crescent Biotech

Reached Chemicals