The global non-meat ingredients market is estimated at
New York, June 13, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the publication of the report “Non-Meat Ingredients Market by Ingredient, Type, Product, Source and Region – Forecast to 2027” – https://www. reportlinker.com/p05586861/?utm_source=GNW
One of these methods is to use ingredients other than meat when processing meat. Meat processing plants recognize the importance of non-meat ingredients and their effects on end products. Non-meat ingredients such as binders, fillers, diluents, colors, texturizers, flavorings, preservatives and salts are used to improve the quality of processed meat products.
Europe was considered the second largest market by value in 2021.
The food industry in Europe is facing many challenges, such as increased competition and changing consumer trends. In response to these challenges, the food industry is intensifying and restructuring.
Economic and social changes are also determining factors in the increase in food demand. Processed and frozen meat is gaining popularity because it is perceived as healthy by the masses and also due to the time constraints of consumers.
Due to competition, companies are offering high quality products with improved taste. As people are increasingly aware of food safety, their preference for processed meat is also increasing, which is driving the market in Europe.
The fillers segment is expected to grow at the highest CAGR in terms of value.
The fillers segment is expected to grow at the highest CAGR in terms of value. Fillers are found prominently in processed meats and are used to increase the volume of meat products and reduce the price.
Adding meat in meat fillers is a common practice followed in developing countries as they help in reducing the cost of production in line with their financial stability.
The fermented raw sausage segment is expected to grow at the highest CAGR in terms of value.
Fermented raw meat products do not require cooking or heat treatment at 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 fermentation processes.
Distribution of primaries:
• By business type: Tier 1: 55.0%, Tier 2: 20.0%, Tier 3: 25.0%
• By designation: managers – 50.0%, CXO – 50.0%
• By region: Europe – 26%, North America – 21%, Asia-Pacific – 43%, South America – 8%, Rest of the world – 2%
Key Players Featured in This Report:
1. Dow (USA)
2. Kerry Group (Ireland)
3. Associated British Foods plc (UK)
4. Wiberg GmbH (Austria)
5. Essentia Protein Solutions (USA)
6. Advanced Food Systems (USA)
7. Ingredion (USA)
8. SMA (USA)
9. BASF SE (Germany)
10. DSM (Netherlands)
11. J. Rettenmaier & söhne GmbH + Co KG (Germany)
12. Wenda Group (China)
13. Nassau Foods (USA)
14. Foodchem International Corporation (China)
15. Palsgaard (Denmark)
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 different levels of analyzes – competitive landscape, end-use analysis, and company profiles, which together comprise and discuss viewpoints on Emerging and high growth segments of the global Non-Meat Ingredients Market, 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 get far-reaching insights on major players in this industry, their product portfolios and key strategies adopted by them
• To get an overview of the major countries/regions in which the non-meat ingredients market is flourishing
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