Non-Meat Ingredients Market by Ingredient, Type, Product, source & Region - Forecast to 2027

Non-Meat Ingredients Market by Ingredient, Type, Product, source & Region - Forecast to 2027

  • June 2022 •
  • 226 pages •
  • Report ID: 5586861 •
  • Format: PDF
The global non-meat ingredients market is estimated to be valued at USD 36.6 billion in 2021. It is projected to reach USD 46.7 billion by 2027, recording a CAGR of 4.2% during the forecast period. The ease of use and hassle-free preparation offered by meat products processed with non-meat ingredients has added to their growing popularity and demand. To cater to the ever-increasing demand for processed meat products, processing plants are adopting various ways to increase production. One such method is the use of non-meat ingredients during meat processing. Meat processing plants are recognizing the importance of non-meat ingredients and their effects on end products. Non-meat ingredients such as binders, fillers, extenders, coloring agents, texturing agents, flavoring agents, preservatives, and salts are used to enhance the quality of processed meat products.

Europe was observed to be thesecond largest market in terms of value, in 2021.
The food processing industry in Europe is facing many challenges, such as an increase in competition and changes in consumer trends.In response to these challenges, the food processing industry is intensifying and restructuring itself.

Economic and social changes are also driving factors for increased food demand.Processed and frozen meat are gaining popularity as they are perceived as healthy by the masses and also because of the time constraints of consumers.

Due to competition, companies are offering high-quality products with improved taste. Since the awareness about food safety has been increasing among people, their preference for processed meat is also increasing which is driving the market in Europe.

The fillers segment is projected to grow at highest CAGR in terms of value.
The fillers segment is projected to grow at highest CAGR in terms of value.Fillers are prominently found in processed meats and are used to increase the volume of meat products and reduce the price.

The addition of meat in meat fillers is a common practice followed in developing nations as they aid in reducing the production costs in line with their financial stability.

The Raw fermented Sausages segment is projected to grow at highest CAGR in terms of value.
Products of raw fermented meat do not require cooking or heat treatment in the processing stage and are normally consumed and distributed in their raw form. The chewy texture and tangy flavor that these products derive are due to the fermentation processes.

Break-up of Primaries:
• By Company Type: Tier 1 – 55.0%, Tier 2- 20.0%, Tier 3 – 25.0%
• By Designation: Managers – 50.0%, CXOs - 50.0%
• By Region: Europe - 26%, North America - 21%, Asia Pacific – 43%, South America-8%, RoW – 2%

Leading players profiled in this report:
1. Dow (U.S)
2. Kerry Group (Ireland)
3. Associated British Foods plc (U.K)
4. Wiberg GmbH (Austria)
5. Essentia Protein Solutions (U.S)
6. Advanced Food Systems (U.S)
7. Ingredion (U.S)
8. ADM (U.S)
9. BASF SE (Germany)
10. DSM (Netherlands)
11. J. Rettenmaier & söhne GmbH + Co KG (Germany)
12. Wenda Group (China)
13. Nassau foods (U.S)
14. Foodchem International corporation (China)
15. Palsgaard (Denmark)

Research Coverage:
The report segments the Non-meat ingredients market on the basis of Meat type, Product type, Source, Ingredient, and Region. In terms of insights, this report has focused on various levels of analyses—the competitive landscape, end-use analysis, and company profiles, which together comprise and discuss views on the emerging & high-growth segments of the global Non-meat ingredients, high-growth regions, countries, government initiatives, drivers, restraints, opportunities, and challenges.

Reasons to buy this report:
• To get a comprehensive overview of the Non-meat ingredients market
• To gain wide-ranging information about the top players in this industry, their product portfolios, and key strategies adopted by them
• To gain insights about the major countries/regions in which the non-meat ingredients market is flourishing
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