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Global Meat Extract Market By Application (Industrial and Commercial), By Form (Powder, Paste, Liquid and Granules), By Type (Beef, Chicken, Fish, Turkey, Pork and Others), By Regional Outlook, Industry Analysis Report and Forecast, 2021 - 2027

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    Report

  • 198 Pages
  • April 2021
  • Region: Global
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5322539
Description Jump to:
The Global Meat Extract Market size is expected to reach $20.8 billion by 2027, rising at a market growth of 6.3% CAGR during the forecast period. Meat extract is prepared from meat with low-fat content and it is a regular flavoring additive for canned meat items, sauces, stews, pot pies, soups, and gravies. Due to the flavor of meat extract, it is utilized in various products as a useful additive. The quantity of meat extract utilized for flavoring is based on the kind of food to which it is included. The useful flavor and aroma of meat extract enhance the flavor of few items even at lower concentrations.

Determinants like a surge in consumption of ready-to-eat food items and meals, increasing consumption of protein items, and a wide range of applications in the food manufacturing sector is expected to present attractive growth opportunities for the meat extract market. Though, the growth of the market is likely to hamper due to the strict government norms regarding the production process and approvals. On the other hand, the global meat extracts market is expected to witness bright prospects due to the large-scale distribution channel.


Due to the outbreak of the COVId-19 pandemic, various governments around the world have imposed stringent lockdown measures and other restrictions in order to contain the spread of the virus. COVID-19 can affect the world’s economy in three major ways: by directly affecting production process and demand, by making disruptions in supply chain and market and by its financial effect on firms and financial markets. As a result, the production of meat extract has witnessed a huge disruption due to closedown of manufacturing and production units. Moreover, travel ban is also one of the factors that hampered the growth of the meat extract market.

Application Outlook

Based on Application, the market is segmented into Industrial and Commercial. In 2020, the industrial application segment procured the maximum revenue share of the global meat extracts market. Meat extracts extracted from sources, like a lamb, pork, fish, beef, and chicken, are utilized for manufacturing several products such as nuggets, soup powders, ready meals, soups, snacks, coatings, bouillon cubes, sauces, seasonings, and stock powder.

Form Outlook

Based on Form, the market is segmented into Powder, Paste, Liquid and Granules. In 2020, the market was dominated by the powder form segment. Meat extract powder is a beneficial and rich form of meat stock, which is extracted from beef, chicken, pork, and fish, and is utilized to make broth for soups and liquid-based foods. The product is considered to be insoluble in alcohol while still being highly soluble in water and has a unique aroma that provides food items the aroma of meaty flavor.



Type Outlook

Based on Type, the market is segmented into Beef, Chicken, Fish, Turkey, Pork and Others. The growing demand for poultry and poultry items owing to the simple accessibility and economical costs has helped the global meat extracts market to expand further. Chicken has achieved massive traction among fitness enthusiasts’ consumers as it contains high protein in comparison to the most other common meat items. The low price of these items and their manufacturing has made chicken an ideal option for makers and consumers.

Regional Outlook

Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa. In 2020, North America emerged as the leading region in the global meat extract market by garnering a major revenue share. North America is expected to display a higher growth rate during the forecast years due to the increasing consumption of animal-rich protein sources.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Givaudan S.A., Symrise AG (Diana Group), Haco Holding AG, JBS USA Holdings, Inc. (JBS S.A), WH Group Limited (Smithfield Foods, Inc.), NH Foods Ltd., Titan Biotech Ltd., Carnad Natural Taste, Chimab S.p.A, and Inthaco Co., Ltd.

Scope of the Study

Market Segments covered in the Report:

By Application
  • Industrial
  • Commercial

By Form
  • Powder
  • Paste
  • Liquid
  • Granules

By Type
  • Beef
  • Chicken
  • Fish
  • Turkey
  • Pork
  • Others

By Geography
  • North America
  • US
  • Canada
  • Mexico
  • Rest of North America
  • Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
  • LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Companies Profiled
  • Givaudan S.A.
  • Symrise AG (Diana Group)
  • Haco Holding AG
  • JBS USA Holdings, Inc. (JBS S.A)
  • WH Group Limited (Smithfield Foods, Inc.)
  • NH Foods Ltd.
  • Titan Biotech Ltd.
  • Carnad Natural Taste
  • Chimab S.p.A
  • Inthaco Co., Ltd.

Unique Offerings from the Publisher
  • Exhaustive coverage
  • Highest number of market tables and figures
  • Subscription based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Meat Extract Market, by Application
1.4.2 Global Meat Extract Market, by Form
1.4.3 Global Meat Extract Market, by Type
1.4.4 Global Meat Extract Market, by Geography
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Global Meat Extract Market by Application
3.1 Global Industrial Market by Region
3.2 Global Commercial Market by Region
Chapter 4. Global Meat Extract Market by Form
4.1 Global Powder Market by Region
4.2 Global Paste Market by Region
4.3 Global Liquid Market by Region
4.4 Global Granules Market by Region
Chapter 5. Global Meat Extract Market by Type
5.1 Global Beef Market by Region
5.2 Global Chicken Market by Region
5.3 Global Fish Market by Region
5.4 Global Turkey Market by Region
5.5 Global Pork Market by Region
5.6 Global Granules Market by Region
Chapter 6. Global Meat Extract Market by Region
6.1 North America Meat Extract Market
6.1.1 North America Meat Extract Market by Application
6.1.1.1 North America Industrial Market by Country
6.1.1.2 North America Commercial Market by Country
6.1.2 North America Meat Extract Market by Form
6.1.2.1 North America Powder Market by Country
6.1.2.2 North America Paste Market by Country
6.1.2.3 North America Liquid Market by Country
6.1.2.4 North America Granules Market by Country
6.1.3 North America Meat Extract Market by Type
6.1.3.1 North America Beef Market by Country
6.1.3.2 North America Chicken Market by Country
6.1.3.3 North America Fish Market by Country
6.1.3.4 North America Turkey Market by Country
6.1.3.5 North America Pork Market by Country
6.1.3.6 North America Granules Market by Country
6.1.4 North America Meat Extract Market by Country
6.1.4.1 US Meat Extract Market
6.1.4.1.1 US Meat Extract Market by Application
6.1.4.1.2 US Meat Extract Market by Form
6.1.4.1.3 US Meat Extract Market by Type
6.1.4.2 Canada Meat Extract Market
6.1.4.2.1 Canada Meat Extract Market by Application
6.1.4.2.2 Canada Meat Extract Market by Form
6.1.4.2.3 Canada Meat Extract Market by Type
6.1.4.3 Mexico Meat Extract Market
6.1.4.3.1 Mexico Meat Extract Market by Application
6.1.4.3.2 Mexico Meat Extract Market by Form
6.1.4.3.3 Mexico Meat Extract Market by Type
6.1.4.4 Rest of North America Meat Extract Market
6.1.4.4.1 Rest of North America Meat Extract Market by Application
6.1.4.4.2 Rest of North America Meat Extract Market by Form
6.1.4.4.3 Rest of North America Meat Extract Market by Type
6.2 Europe Meat Extract Market
6.2.1 Europe Meat Extract Market by Application
6.2.1.1 Europe Industrial Market by Country
6.2.1.2 Europe Commercial Market by Country
6.2.2 Europe Meat Extract Market by Form
6.2.2.1 Europe Powder Market by Country
6.2.2.2 Europe Paste Market by Country
6.2.2.3 Europe Liquid Market by Country
6.2.2.4 Europe Granules Market by Country
6.2.3 Europe Meat Extract Market by Type
6.2.3.1 Europe Beef Market by Country
6.2.3.2 Europe Chicken Market by Country
6.2.3.3 Europe Fish Market by Country
6.2.3.4 Europe Turkey Market by Country
6.2.3.5 Europe Pork Market by Country
6.2.3.6 Europe Others Market by Country
6.2.4 Europe Meat Extract Market by Country
6.2.4.1 Germany Meat Extract Market
6.2.4.1.1 Germany Meat Extract Market by Application
6.2.4.1.2 Germany Meat Extract Market by Form
6.2.4.1.3 Germany Meat Extract Market by Type
6.2.4.2 UK Meat Extract Market
6.2.4.2.1 UK Meat Extract Market by Application
6.2.4.2.2 UK Meat Extract Market by Form
6.2.4.2.3 UK Meat Extract Market by Type
6.2.4.3 France Meat Extract Market
6.2.4.3.1 France Meat Extract Market by Application
6.2.4.3.2 France Meat Extract Market by Form
6.2.4.3.3 France Meat Extract Market by Type
6.2.4.4 Russia Meat Extract Market
6.2.4.4.1 Russia Meat Extract Market by Application
6.2.4.4.2 Russia Meat Extract Market by Form
6.2.4.4.3 Russia Meat Extract Market by Type
6.2.4.5 Spain Meat Extract Market
6.2.4.5.1 Spain Meat Extract Market by Application
6.2.4.5.2 Spain Meat Extract Market by Form
6.2.4.5.3 Spain Meat Extract Market by Type
6.2.4.6 Italy Meat Extract Market
6.2.4.6.1 Italy Meat Extract Market by Application
6.2.4.6.2 Italy Meat Extract Market by Form
6.2.4.6.3 Italy Meat Extract Market by Type
6.2.4.7 Rest of Europe Meat Extract Market
6.2.4.7.1 Rest of Europe Meat Extract Market by Application
6.2.4.7.2 Rest of Europe Meat Extract Market by Form
6.2.4.7.3 Rest of Europe Meat Extract Market by Type
6.3 Asia Pacific Meat Extract Market
6.3.1 Asia Pacific Meat Extract Market by Application
6.3.1.1 Asia Pacific Industrial Market by Country
6.3.1.2 Asia Pacific Commercial Market by Country
6.3.2 Asia Pacific Meat Extract Market by Form
6.3.2.1 Asia Pacific Powder Market by Country
6.3.2.2 Asia Pacific Paste Market by Country
6.3.2.3 Asia Pacific Liquid Market by Country
6.3.2.4 Asia Pacific Granules Market by Country
6.3.3 Asia Pacific Meat Extract Market by Type
6.3.3.1 Asia Pacific Beef Market by Country
6.3.3.2 Asia Pacific Chicken Market by Country
6.3.3.3 Asia Pacific Fish Market by Country
6.3.3.4 Asia Pacific Turkey Market by Country
6.3.3.5 Asia Pacific Pork Market by Country
6.3.3.6 Asia Pacific Others Market by Country
6.3.4 Asia Pacific Meat Extract Market by Country
6.3.4.1 China Meat Extract Market
6.3.4.1.1 China Meat Extract Market by Application
6.3.4.1.2 China Meat Extract Market by Form
6.3.4.1.3 China Meat Extract Market by Type
6.3.4.2 Japan Meat Extract Market
6.3.4.2.1 Japan Meat Extract Market by Application
6.3.4.2.2 Japan Meat Extract Market by Form
6.3.4.2.3 Japan Meat Extract Market by Type
6.3.4.3 India Meat Extract Market
6.3.4.3.1 India Meat Extract Market by Application
6.3.4.3.2 India Meat Extract Market by Form
6.3.4.3.3 India Meat Extract Market by Type
6.3.4.4 South Korea Meat Extract Market
6.3.4.4.1 South Korea Meat Extract Market by Application
6.3.4.4.2 South Korea Meat Extract Market by Form
6.3.4.4.3 South Korea Meat Extract Market by Type
6.3.4.5 Singapore Meat Extract Market
6.3.4.5.1 Singapore Meat Extract Market by Application
6.3.4.5.2 Singapore Meat Extract Market by Form
6.3.4.5.3 Singapore Meat Extract Market by Type
6.3.4.6 Malaysia Meat Extract Market
6.3.4.6.1 Malaysia Meat Extract Market by Application
6.3.4.6.2 Malaysia Meat Extract Market by Form
6.3.4.6.3 Malaysia Meat Extract Market by Type
6.3.4.7 Rest of Asia Pacific Meat Extract Market
6.3.4.7.1 Rest of Asia Pacific Meat Extract Market by Application
6.3.4.7.2 Rest of Asia Pacific Meat Extract Market by Form
6.3.4.7.3 Rest of Asia Pacific Meat Extract Market by Type
6.4 LAMEA Meat Extract Market
6.4.1 LAMEA Meat Extract Market by Application
6.4.1.1 LAMEA Industrial Market by Country
6.4.1.2 LAMEA Commercial Market by Country
6.4.2 LAMEA Meat Extract Market by Form
6.4.2.1 LAMEA Powder Market by Country
6.4.2.2 LAMEA Paste Market by Country
6.4.2.3 LAMEA Liquid Market by Country
6.4.2.4 LAMEA Granules Market by Country
6.4.3 LAMEA Meat Extract Market by Type
6.4.3.1 LAMEA Beef Market by Country
6.4.3.2 LAMEA Chicken Market by Country
6.4.3.3 LAMEA Fish Market by Country
6.4.3.4 LAMEA Turkey Market by Country
6.4.3.5 LAMEA Pork Market by Country
6.4.3.6 LAMEA Others Market by Country
6.4.4 LAMEA Meat Extract Market by Country
6.4.4.1 Brazil Meat Extract Market
6.4.4.1.1 Brazil Meat Extract Market by Application
6.4.4.1.2 Brazil Meat Extract Market by Form
6.4.4.1.3 Brazil Meat Extract Market by Type
6.4.4.2 Argentina Meat Extract Market
6.4.4.2.1 Argentina Meat Extract Market by Application
6.4.4.2.2 Argentina Meat Extract Market by Form
6.4.4.2.3 Argentina Meat Extract Market by Type
6.4.4.3 UAE Meat Extract Market
6.4.4.3.1 UAE Meat Extract Market by Application
6.4.4.3.2 UAE Meat Extract Market by Form
6.4.4.3.3 UAE Meat Extract Market by Type
6.4.4.4 Saudi Arabia Meat Extract Market
6.4.4.4.1 Saudi Arabia Meat Extract Market by Application
6.4.4.4.2 Saudi Arabia Meat Extract Market by Form
6.4.4.4.3 Saudi Arabia Meat Extract Market by Type
6.4.4.5 South Africa Meat Extract Market
6.4.4.5.1 South Africa Meat Extract Market by Application
6.4.4.5.2 South Africa Meat Extract Market by Form
6.4.4.5.3 South Africa Meat Extract Market by Type
6.4.4.6 Nigeria Meat Extract Market
6.4.4.6.1 Nigeria Meat Extract Market by Application
6.4.4.6.2 Nigeria Meat Extract Market by Form
6.4.4.6.3 Nigeria Meat Extract Market by Type
6.4.4.7 Rest of LAMEA Meat Extract Market
6.4.4.7.1 Rest of LAMEA Meat Extract Market by Application
6.4.4.7.2 Rest of LAMEA Meat Extract Market by Form
6.4.4.7.3 Rest of LAMEA Meat Extract Market by Type
Chapter 7. Company Profiles
7.1 Givaudan S.A.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Acquisition and Mergers:
7.2 Symrise AG (Diana Group)
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.3 Haco Holding AG
7.3.1 Company Overview
7.4 JBS USA Holdings, Inc. (JBS S.A)
7.4.1 Company Overview
7.5 WH Group Limited (Smithfield Foods, Inc.)
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expense
7.6 NH Foods Ltd.
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expense
7.7 Titan Biotech Ltd.
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Regional Analysis
7.8 Carnad Natural Taste
7.8.1 Company Overview
7.9 Chimab S.p.A
7.9.1 Company Overview
7.10. Inthaco Co., Ltd.
7.10.1 Company Overview

Companies Mentioned

  • Givaudan S.A.
  • Symrise AG (Diana Group)
  • Haco Holding AG
  • JBS USA Holdings, Inc. (JBS S.A)
  • WH Group Limited (Smithfield Foods, Inc.)
  • NH Foods Ltd.
  • Titan Biotech Ltd.
  • Carnad Natural Taste
  • Chimab S.p.A
  • Inthaco Co., Ltd.

Methodology

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