The research report with top-level information is a key benefit that provides qualitative and quantitative factors of the Non-Meat Ingredients Market. In this research survey, the features that have powered and reserved the market’s growth are also included in this market report. The research outline also contains the primary industry’s pattern and the international market’s projected volume based on the provincial estimation. Moreover, it also, gives details of a portion of the complete industry, new turns of events, and the effect of domestic and constrained market players, examinations openings as far as arising income pockets, changes in market strategies, product confirmations, key choices, product dispatches, landscape extensions, and mechanical developments and possessions in the market.
Non-Meat Ingredients Market Overview
The global Non-Meat Ingredients Market size is projected to reach a CAGR of 4.3% from 2023-2030.
Non-meat ingredients are used in the meat processing industries to improve the taste, flavour, appearance, texture, colour, and shelf-life of processed meat products. They are added to improve the functionality of muscle proteins. Non-meat additives can be grouped either as additives or full foods. Additive ingredients are substances that are not usually consumed as food but are added to develop desired qualities in the process’s meats. They may include ingredients such as salts, water binders, spices, and curing agents. While full food ingredients can consist of flour, eggs, vegetables, etc.
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The spread of meat and food processing industries to less developed countries in the Middle East, Asia Pacific, and Africa is likely to augment the growth of the global non-meat ingredients market in the forecast period. The rising dependence on meat-based products to meet nutritional requirements across the world is anticipated to give an impetus to non-meat ingredients businesses. Moreover, the increasing consumption of frozen meat, ready-to-eat meals, and cured and dried meat is expected to drive the demand for functional non-meat ingredients.
On the other hand, the unethical treatment of farm animals and the negative impact of the meat industry on the environment is likely to dissuade buyers from consuming meat products. Moreover, the sweeping trend of veganism and vegetarianism in the Western hemisphere is also likely to hinder the growth of the meat industry and subsequently affect the growth of the non-meat ingredients market.
Delvens Industry Expert's Standpoint
The growing demand for snack culture has led to a rise in the consumption of meat snacks, and meat bars are a new wave of protein bars that are gaining popularity among consumers, where the addition of non-meat ingredients during processing enhances the flavour, palatability, and improve the texture of the meat. These bars are marketed as a healthier alternative to conventional snack products, like potato fries and biscuits, due to their high protein content eventually enhancing the growth of the non-meat ingredients market. Further, the increase in consumption of processed meat by a growing population led to a substantial elevation in the market of non-meat ingredients since these ingredients are added to develop meat products with unique flavours and improved quality & consistency. Thereby, the market for non-meat ingredients continues to grow in the next coming years.
Non-Meat Ingredients Market Key Findings
• The ingredients segment is further fragmented into Binders, Fillers, Extenders, Flavouring Agents, Colouring Agents, Preservatives, Salts and Texturing Agents. The flavouring segment is dominant over the forecast period. Flavouring agents, in their native form, are more suited for ready-to-eat food product applications and are thus gaining a significant level of importance, especially in the Asia Pacific. The blending properties of non-meat ingredients are the best among all ingredients since they enhance the taste and flavour of food & beverages.
• The meat type segment is further segmented into Beef, Pork, Poultry and Mutton. The pork segment is anticipated to dominate the market during the forecast period. The dominance of pork can be attributed to the continued usage of non-meat ingredients in a diverse range of meat processing applications.
• The market is also segmented into various regions such as North America, Europe, Asia-Pacific, South America, and Middle East and Africa. North America is the fastest-growing market for Non-Meat Ingredients Market. Innovations, consumer health, and the busy lifestyles of people are the main drivers for the non-meat ingredients industry in North America.
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Non-Meat Ingredients Market Regional Analysis
North America to Dominate the Market
• North America is the fastest-growing market for Non-Meat Ingredients Market. Innovations, consumer health, and the busy lifestyles of people are the main drivers for the non-meat ingredients industry in North America.
• Factors considered as the main drivers include urbanization taking place at a rapid pace, the changing dietary patterns of people as they are moving from fresh meat to processed meat, a rise in the per capita income, and the growing population.
Non-Meat Ingredients Market Competitive Landscape
• Kerry Group
• Dow
• Associated British Foods plc
• Wiberg GmbH
• Essentia Protein Solutions
• Advanced Food Systems
• Ingredion
• ADM
• Hydrosol GmbH & Co. Kg
• Wiberg GmbH
• BASF SE
• DSM
• J. RETTENMAIER & SOHNE GMBH + CO KG
• WENDA INGREDIENTS
• NASSAU FOODS
• FOODCHEM INTERNATIONAL CORPORATION
• PALSGAARD
• SMS
• FIBERSTAR
• NIKKEN FOODS
• HYDOSOL GMBH & CO. KG
• STOCKMEIER GROUP
Recent Developments in The Non-Meat Ingredients Market
• In October-2021, DSM acquired First Choice Ingredients. This acquisition by DSM is highly synergetic for both companies. DSM can further accelerate the growth of First Choice Ingredients by offering their products outside the US to DSM’s broad global customer base and integrating their solutions in DSM’s full offering on taste, texture, and health in sustainable solutions for food & beverage customers. The acquisition gives First Choice Ingredients access to DSM’s world-leading biotechnology toolbox, fermentation know-how, and global customer relationships.
• In September 2021, Kerry Group acquired Niacet. Niacet is now integrated as a part of Kerry’s global food protection and preservation platform.
Reasons to Acquire Non-Meat Ingredients Market Report
• Increase your understanding of the market for identifying the best and most suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors.
• Gain authentic and granular data access for Non-Meat Ingredients Market so as to understand the trends and the factors involved in changing market situations.
• Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future.
• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns.
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