How is R&D on Specialty Meat Ingredients Influencing Market Demand

A value pool of US$5.2Bn by the end of the forecast period (2019-2029) is propelling the global specialty meat ingredients market to a bullish growth of over 5%. The worldwide production and consumption of meat & meat related products has witnessed a sharp spike over the past few years as the overall price of meat is on the decline with demand remaining strong. As per-capita meat consumption continues to proliferate, the requirement to maintain and develop new varieties of meat products is propelling the specialty meat ingredients market.

For detailed insights on enhancing your product footprint, request for a sample here – https://www.factmr.com/connectus/sample?flag=S&rep_id=4512

The utilization of flavoring agents and salts in processed foods along with nutrition and taste convergence will also drive the specialty meat ingredients market. Owing to a consumer shift towards safe food products, there has been continuous innovation in meat processed technology related to specialty ingredients, which enhances the quality of meat products. Processed meat manufacturers are significantly adopting these ingredients which further escalate the demand for specialty meat ingredients in the foreseeable future.

Key Takeaways of Specialty Meat Ingredients Market Study

  • With an outlook for improving flavor and texture, functional meat ingredients used primarily for the production of poultry products for further processing enable producers to impart desired flavor profiles
  • The meat and seafood segment accounted for a share of over 40% within the global specialty meat ingredients market. The increasing preference for meat and seafood products in Asiatic countries is accrediting such growth
  • North America accounts for a large share (35%) within the market for specialty meat ingredients as opposed to other developed regions due to the high demand growth for healthy eating in the region

For critical insights on this market, request for methodology here – https://www.factmr.com/connectus/sample?flag=RM&rep_id=4512

  • The demand for meat ingredients in APAC is projected to grow at a high CAGR of 4.5% during the forecast period. This growth is primarily due to the large number of food storage and distribution industries in developing countries such as India, Japan, China and a few countries in Asia

Key Segments Covered

Ingredient Type

  • Fiber & Protein Specialty Meat Ingredients
  • Starch & Derivative Specialty Meat Ingredients
  • Acidulant Specialty Meat Ingredients
  • Hydrocolloid Specialty Meat Ingredients
  • Other Specialty Meat Ingredients

Function

  • Specialty Meat Ingredients for Moisture Control
  • Specialty Meat Ingredients for Yield Improvement
  • Specialty Meat Ingredients for Coloring & Flavoring
  • Specialty Meat Ingredients for Preservation
  • Specialty Meat Ingredients for Fillers & Extenders

For in-depth competitive analysis, buy now – https://www.factmr.com/checkout/4512

Mergers & Acquisitions to Remain Key Forte of Competitors

The specialty meat ingredients market is moderately fragmented with a few players such as Corbion N.V., Naturex, Kerry Group, E.I. du Pont de Nemours acquiring top shares. Several competitors are gradually resorting to merger and acquisitions aside from new product launches. The major players are looking to enter into alliances in order to continue leading the market. The purchase of Campus SRL is a classic example of acquisition as a business strategy, which has led Firmenich to acquire a leading market position, which will increase product offerings, resources and help the organization to achieve good publicity

Read More Trending and Similar Reports from Fact.MR – https://www.globenewswire.com/en/news-release/2019/04/04/1797128/0/en/Mozzarella-s-Popularity-Fuels-Global-Demand-for-Cheese-Shreds-Fact-MR-Study.html

About Us:

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

Contact:

US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email: sales@factmr.com
Visit Our Website: https://www.factmr.com

Matched content

Editor’s pick

Express Press Release Distribution