Asia Pacific Meat Extract Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Beef, Pork, Chicken, and Others), Form (Powder, Liquid, and Others), and Application (RTE & RTC Meals, Sweet & Savory Snacks, Soups & Sauces, and Others)
The Asia Pacific meat extract market is expected to grow from US$ 427.09 million in 2021 to US$ 643.29 million by 2028; it is estimated to grow at a CAGR of 6.0% from 2021 to 2028.
Consumers in Asia Pacific are paying attention to product labels and ingredients used in processed food products. The popularity of organic products is growing with the rise in awareness among the masses regarding their health benefits. The organic farming processes are free of pesticides, chemical fertilizers, and genetically modified organisms (GMOs), which increases their appeal among consumers, who are ready to pay high prices for such high-quality products. Clean-label meat products are free of synthetic flavors, colors, and other food additives, including anti-caking agents, stabilizers, and preservatives. Furthermore, they are devoid of growth hormones and antibiotics. With a significant focus on holistic and conscious consumption, consumers these days prefer products with ethically sourced ingredients, such as beef, chicken, or pork. Symrise, one of the key manufacturers of meat extracts, offers 100% natural and organic beef extracts in liquid and powder forms. Similarly, Kerry Group Plc offers certified organic and NAE (i.e., no-antibiotics-ever) meat broths and stocks that can be used in the production of soup mixes, sauces, gravies, and others. Symrise also offers Halal- and Kosher-certified meat extracts that fulfill specific requirements of consumers. Thus, the increasing demand for clean label and organic meat extracts is expected to provide lucrative growth opportunities to the Asia Pacific meat extract market during the forecast period.
Vendors in the Asia Pacific meat extract market are leveraging new technologies to attract new customers and expand their footprints in emerging markets by offering products with enhanced features. This factor is likely to drive the Asia Pacific meat extract market at a notable CAGR during the forecast period.
Asia Pacific Meat Extract Market Revenue and Forecast to 2028 (US$ Million)
Asia Pacific Meat Extract Market Segmentation
The Asia Pacific meat extract market is segmented on the basis of type, form, application, and country. Based on type, the market is segmented into beef, pork, chicken, and others. Based on form, the Asia Pacific meat extract market is segmented into powder, liquid, and others. Based on application, the market is divided into RTE & RTC meals, sweet & savory snacks, soups & sauces, and others. Based on country, the Asia Pacific Meat Extract Market is segmented into the China, Japan, India, Australia, South Korea and Rest of Asia Pacific.
Asia Pacific Meat Extract Market —Companies Mentioned
Colin Ingrédients; Carnad Natural Taste; Diana Group; PT Foodex Inti Ingredients; Givaudan S.A.; JBS SA.; Maverick Biosciences Pty Ltd ; Nippon Ham Group; Titan Biotech Limited; and Proliant Biologicals, LLC are a few major companies operating in the Asia Pacific Meat Extract Market.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis Formulation:
3.2.4 Macro-economic Factor Analysis:
3.2.5 Developing Base Number:
3.2.6 Data Triangulation:
3.2.7 Country Level Data:
4. Asia Pacific Meat Extract Market Landscape
4.1 Market Overview
4.2 Porter's Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Expert Opinion
4.4 Value Chain Analysis
4.4.1 Value Chain Analysis: Meat Extract
4.4.1.1 Raw Material
4.4.1.2 Manufacturing/Processing
4.4.1.3 Packaging
5. Asia Pacific Meat Extract Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Demand for Meat Extracts as Flavour Enhancers
5.1.2 Increasing Utilization of Meat Extracts for the Preparation of Culture Media
5.2 Market Restraints
5.2.1 Increasing Vegan Population
5.3 Market Opportunities
5.3.1 Surging Demand for Clean-Label and Organic Meat Extracts
5.4 Future Trends
5.4.1 Growing Preference for High-Protein Snacks
5.5 Impact Analysis of Drivers and Restraints
6. Asia Pacific Meat Extract Market – Market Analysis
6.1 Asia Pacific Meat Extract Market –Revenue and Forecast to 2028 (US$ Million)
7. Asia Pacific Meat Extract Market Analysis – By Type
7.1 Overview
7.2 Asia Pacific Meat Extract Market, By Type (2020 and 2028)
7.3 Beef
7.3.1 Overview
7.3.2 Beef: Asia Pacific Meat Extract Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Pork
7.4.1 Overview
7.4.2 Pork: Asia Pacific Meat Extract Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Chicken
7.5.1 Overview
7.5.2 Chicken: Asia Pacific Meat Extract Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others: Asia Pacific Meat Extract Market – Revenue and Forecast to 2028 (US$ Million)
8. Asia Pacific Meat Extract Market Analysis – By Form
8.1 Overview
8.2 Asia Pacific Meat Extract Market, By Form (2020 and 2028)
8.3 Powder
8.3.1 Overview
8.3.2 Powder: Asia Pacific Meat Extract Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Liquid
8.4.1 Overview
8.4.2 Liquid: Asia Pacific Meat Extract Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others: Asia Pacific Meat Extract Market – Revenue and Forecast to 2028 (US$ Million)
9. Asia Pacific Meat Extract Market Analysis – By Application
9.1 Overview
9.2 Asia Pacific Meat Extract Market, By Application (2020 and 2028)
9.3 RTE & RTC Meals
9.3.1 Overview
9.3.2 RTE & RTC Meals: Asia Pacific Meat Extract Market– Revenue and Forecast to 2028 (US$ Million)
9.4 Sweet & Savory Snacks
9.4.1 Overview
9.4.2 Sweet & Savoury Snacks: Asia Pacific Meat Extract Market– Revenue and Forecast to 2028 (US$ Million)
9.5 Soups & Sauces
9.5.1 Overview
9.5.2 Soups & Sauces: Asia Pacific Meat Extract Market– Revenue and Forecast to 2028 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others: Asia Pacific Meat Extract Market– Revenue and Forecast to 2028 (US$ Million)
10. Asia Pacific Meat Extract Market – Country Analysis
10.1 Asia Pacific: Asia Pacific Meat Extract Market
10.1.1 Asia Pacific: Asia Pacific Meat Extract Market –Revenue and Forecast to 2028 (US$ Million)
10.1.2 Asia Pacific: Asia Pacific Meat Extract Market, by Key Country
10.1.2.1 Australia: Asia Pacific Meat Extract Market –Revenue and Forecast to 2028 (US$ Million)
10.1.2.1.1 Australia: Asia Pacific Meat Extract Market, by Type
10.1.2.1.2 Australia: Asia Pacific Meat Extract Market, by Form
10.1.2.1.3 Australia: Asia Pacific Meat Extract Market, by Application
10.1.2.2 China: Asia Pacific Meat Extract Market –Revenue and Forecast to 2028 (US$ Million)
10.1.2.2.1 China: Asia Pacific Meat Extract Market, by Type
10.1.2.2.2 China: Asia Pacific Meat Extract Market, by Form
10.1.2.2.3 China: Asia Pacific Meat Extract Market, by Application
10.1.2.3 India: Asia Pacific Meat Extract Market –Revenue and Forecast to 2028 (US$ Million)
10.1.2.3.1 India: Asia Pacific Meat Extract Market, by Type
10.1.2.3.2 India: Asia Pacific Meat Extract Market, by Form
10.1.2.3.3 India: Asia Pacific Meat Extract Market, by Application
10.1.2.4 Japan: Asia Pacific Meat Extract Market –Revenue and Forecast to 2028 (US$ Million)
10.1.2.4.1 Japan: Asia Pacific Meat Extract Market, by Type
10.1.2.4.2 Japan: Asia Pacific Meat Extract Market, by Form
10.1.2.4.3 Japan: Asia Pacific Meat Extract Market, by Application
10.1.2.5 South Korea: Asia Pacific Meat Extract Market –Revenue and Forecast to 2028 (US$ Million)
10.1.2.5.1 South Korea: Asia Pacific Meat Extract Market, by Type
10.1.2.5.2 South Korea: Asia Pacific Meat Extract Market, by Form
10.1.2.5.3 South Korea: Asia Pacific Meat Extract Market, by Application
10.1.2.6 Rest of Asia Pacific: Asia Pacific Meat Extract Market –Revenue and Forecast to 2028 (US$ Million)
10.1.2.6.1 Rest of Asia Pacific: Asia Pacific Meat Extract Market, by Type
10.1.2.6.2 Rest of Asia Pacific: Asia Pacific Meat Extract Market, by Form
10.1.2.6.3 Rest of Asia Pacific: Asia Pacific Meat Extract Market, by Application
11. Company Profiles
11.1 Colin Ingrédients
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Carnad Natural Taste
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Diana Group
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 PT Foodex Inti Ingredients
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Givaudan S.A.
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 JBS SA.
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Maverick Biosciences Pty Ltd
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Nippon Ham Group
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 Titan Biotech Limited
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
11.10 Proliant Biologicals, LLC
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Products and Services
11.10.4 Financial Overview
11.10.5 SWOT Analysis
11.10.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Word Index
LIST OF TABLES
Table 1. Asia Pacific Meat Extract Market –Revenue and Forecast to 2028 (US$ Million)
Table 2. Asia Pacific Meat Extract Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 3. Asia Pacific Meat Extract Market, by Form – Revenue and Forecast to 2028 (US$ Million)
Table 4. Asia Pacific Meat Extract Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 5. Australia Asia Pacific Meat Extract Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 6. Australia Asia Pacific Meat Extract Market, by Form – Revenue and Forecast to 2028 (US$ Million)
Table 7. Australia Asia Pacific Meat Extract Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 8. China Asia Pacific Meat Extract Market, by Type– Revenue and Forecast to 2028 (US$ Million)
Table 9. China Asia Pacific Meat Extract Market, by Form – Revenue and Forecast to 2028 (US$ Million)
Table 10. China Asia Pacific Meat Extract Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 11. India Asia Pacific Meat Extract Market, by Type– Revenue and Forecast to 2028 (US$ Million)
Table 12. India Asia Pacific Meat Extract Market, by Form – Revenue and Forecast to 2028 (US$ Million)
Table 13. India Asia Pacific Meat Extract Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 14. Japan Asia Pacific Meat Extract Market, by Type– Revenue and Forecast to 2028 (US$ Million)
Table 15. Japan Asia Pacific Meat Extract Market, by Form – Revenue and Forecast to 2028 (US$ Million)
Table 16. Japan Asia Pacific Meat Extract Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 17. South Korea Asia Pacific Meat Extract Market, by Type– Revenue and Forecast to 2028 (US$ Million)
Table 18. South Korea Asia Pacific Meat Extract Market, by Form– Revenue and Forecast to 2028 (US$ Million)
Table 19. South Korea Asia Pacific Meat Extract Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 20. Rest of Asia Pacific Meat Extract Market, by Type– Revenue and Forecast to 2028 (US$ Million)
Table 21. Rest of Asia Pacific Meat Extract Market, by Form– Revenue and Forecast to 2028 (US$ Million)
Table 22. Rest of Asia Pacific Meat Extract Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 23. List of Abbreviation
LIST OF FIGURES
Figure 1. Asia Pacific Meat Extract Market Segmentation
Figure 2. Asia Pacific Meat Extract Market Overview
Figure 3. Asia Pacific Meat Extract Market: By Type
Figure 4. Asia Pacific Meat Extract Market: By Region
Figure 5. Porter's Five Forces Analysis: Asia Pacific Meat Extract Market
Figure 6. Expert Opinion
Figure 7. Value Chain: Meat Extract
Figure 8. Asia Pacific Meat Extract Market Impact Analysis of Drivers and Restraints
Figure 9. Asia Pacific: Asia Pacific Meat Extract Market – Revenue and Forecast to 2028 (US$ Million)
Figure 10. Asia Pacific: Asia Pacific Meat Extract Market Revenue Share, by Type (2020 and 2028)
Figure 11. Beef: Asia Pacific Meat Extract Market – Revenue and Forecast To 2028 (US$ Million)
Figure 12. Pork: Asia Pacific Meat Extract Market – Revenue and Forecast To 2028 (US$ Million)
Figure 13. Chicken: Asia Pacific Meat Extract Market – Revenue and Forecast To 2028 (US$ Million)
Figure 14. Others: Asia Pacific Meat Extract Market – Revenue and Forecast To 2028 (US$ Million)
Figure 15. Asia Pacific: Asia Pacific Meat Extract Market Revenue Share, by Form (2020 and 2028)
Figure 16. Powder: Asia Pacific Meat Extract Market – Revenue and Forecast To 2028 (US$ Million)
Figure 17. Liquid: Asia Pacific Meat Extract Market – Revenue and Forecast To 2028 (US$ Million)
Figure 18. Others: Asia Pacific Meat Extract Market – Revenue and Forecast To 2028 (US$ Million)
Figure 19. Asia Pacific: Asia Pacific Meat Extract Market Revenue Share, by Application (2020 and 2028)
Figure 20. RTE & RTC Meals: Asia Pacific Meat Extract Market– Revenue and Forecast To 2028 (US$ Million)
Figure 21. Sweet & Savory Snacks: Asia Pacific Meat Extract Market– Revenue and Forecast To 2028 (US$ Million)
Figure 22. Soups & Sauces: Asia Pacific Meat Extract Market– Revenue and Forecast To 2028 (US$ Million)
Figure 23. Others: Asia Pacific Meat Extract Market– Revenue and Forecast To 2028 (US$ Million)
Figure 24. Asia Pacific: Asia Pacific Meat Extract Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Asia Pacific: Asia Pacific Meat Extract Market Revenue Share, by Key Country (2020 and 2028)
Figure 26. Australia: Asia Pacific Meat Extract Market –Revenue and Forecast to 2028 (US$ Million)
Figure 27. China: Asia Pacific Meat Extract Market –Revenue and Forecast to 2028 (US$ Million)
Figure 28. India: Asia Pacific Meat Extract Market –Revenue and Forecast to 2028 (US$ Million)
Figure 29. Japan: Asia Pacific Meat Extract Market –Revenue and Forecast to 2028 (US$ Million)
Figure 30. South Korea: Asia Pacific Meat Extract Market –Revenue and Forecast to 2028 (US$ Million)
Figure 31. Rest of Asia Pacific: Asia Pacific Meat Extract Market –Revenue and Forecast to 2028 (US$ Million)
- Colin Ingrédients
- Carnad Natural Taste
- Diana Group
- PT Foodex Inti Ingredients
- Givaudan S.A.
- JBS SA.
- Maverick Biosciences Pty Ltd
- Nippon Ham Group
- Titan Biotech Limited
- Proliant Biologicals, LLC
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia Pacific Meat Extract Market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in Asia Pacific Meat Extract Market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.