In the past few years, the demand for protein has increased significantly with the increase in consumer focus on health and wellness amid hectic lifestyle and prolonged work schedules. Therefore, they choose functional products with high protein, vitamin, mineral, and carb content. Their snacking habits have also evolved significantly, including healthier and junk-free product options in the diet. Thus, high-protein meat snacks are gaining huge traction among consumers. Meat extracts are employed as flavor enhancers and fortification ingredients in several meat snacks, such as jerky, sausages, nuggets, and bites. Further, they are used in ready meals, soup blends, and instant snacks. Moreover, meat extracts minimize the requirement of salt in processed food. Beef bone broth and extracts offered by Symrise contain 90% protein, whereas the beef powder consists of ~70% protein in the form of dry matter, which can be added to a wide range of meat products, including soup mixes, meals, sauces & dressings, seasonings, and snacks.
Vendors in the Middle East and Africa 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 Middle East and Africa meat extract market at a notable CAGR during the forecast period.
The Middle East and Africa 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 Middle East and Africa 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 Middle East and Africa Meat Extract Market is segmented into the Saudi Arabia, UAE, South Africa and Rest of MEA.
Middle East and Africa Meat Extract Market —Companies Mentioned
Colin Ingredients; Carnad Natural Taste; Diana Group; PT Foodex Inti Ingredients; Givaudan S.A; JBS SA.; Maverick Biosciences Pty Ltd; Nippon Ham Group and Proliant Biologicals, LLC. are a few major companies operating in the Middle East and Africa Meat Extract Market.
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 55.45 Million |
| Market Size by 2028 | US$ 76.54 Million |
| CAGR (2021 - 2028) | 4.7% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Type
|
| Regions and Countries Covered |
Middle East and Africa
|
| Market leaders and key company profiles |
|
The Middle East and Africa Meat Extract Market is valued at US$ 55.45 Million in 2021, it is projected to reach US$ 76.54 Million by 2028.
As per our report Middle East and Africa Meat Extract Market, the market size is valued at US$ 55.45 Million in 2021, projecting it to reach US$ 76.54 Million by 2028. This translates to a CAGR of approximately 4.7% during the forecast period.
The Middle East and Africa Meat Extract Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East and Africa Meat Extract Market report:
The Middle East and Africa Meat Extract Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East and Africa Meat Extract Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East and Africa Meat Extract Market value chain can benefit from the information contained in a comprehensive market report.
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