North America 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 North America meat extract market is expected to grow from US$ 570.67 million in 2021 to US$ 795.62 million by 2028; it is estimated to grow at a CAGR of 4.9% from 2021 to 2028.
Meat production and consumption have increased significantly in the last few years with a rise in the population of the world, the number of mid-income families, and the demand for affordable protein-rich food. Poultry meat gathers the highest traction in the meat industry as it is perceived as one of the affordable sources of protein and it is considered healthier than beef, pork, etc. People are progressively adopting healthier lifestyles, but they do not want to compromise on taste. Considering the growing popularity of meat, food manufacturers are enhancing the taste profiles of their products by incorporating different chicken, beef, and pork flavors, among others. Meat extracts, mainly made from chicken, beef, or pork, are used to enhance the meaty flavor of on-the-go-food products, ready-to-eat meals, soups, sauces, and savory snacks. Meat extracts are a healthier alternative to synthetic flavoring agents. Thus, the growth of the meat industry and the rising demand for meat extracts as flavor enhancers are the key factors driving the growth of the North America meat extract market.
Vendors in the North America 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 North America meat extract market at a notable CAGR during the forecast period.
North America Meat Extract Market Revenue and Forecast to 2028 (US$ Million)
North America Meat Extract Market Segmentation
The North America 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 North America 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 North America meat extract market is segmented into the US, Mexico, and Canada.
North America 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 of the major companies operating in the North America 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. North America 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. North America 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. North America Meat Extract Market – Market Analysis
6.1 North America Meat Extract Market –Revenue and Forecast to 2028 (US$ Million)
7. North America Meat Extract Market Analysis – By Type
7.1 Overview
7.2 North America Meat Extract Market, By Type (2020 and 2028)
7.3 Beef
7.3.1 Overview
7.3.2 Beef: North America Meat Extract Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Pork
7.4.1 Overview
7.4.2 Pork: North America Meat Extract Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Chicken
7.5.1 Overview
7.5.2 Chicken: North America Meat Extract Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others: North America Meat Extract Market – Revenue and Forecast to 2028 (US$ Million)
8. North America Meat Extract Market Analysis – By Form
8.1 Overview
8.2 North America Meat Extract Market, By Form (2020 and 2028)
8.3 Powder
8.3.1 Overview
8.3.2 Powder: North America Meat Extract Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Liquid
8.4.1 Overview
8.4.2 Liquid: North America Meat Extract Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others: North America Meat Extract Market – Revenue and Forecast to 2028 (US$ Million)
9. North America Meat Extract Market Analysis – By Application
9.1 Overview
9.2 North America Meat Extract Market, By Application (2020 and 2028)
9.3 RTE & RTC Meals
9.3.1 Overview
9.3.2 RTE & RTC Meals: North America Meat Extract Market– Revenue and Forecast to 2028 (US$ Million)
9.4 Sweet & Savory Snacks
9.4.1 Overview
9.4.2 Sweet & Savory Snacks: North America Meat Extract Market– Revenue and Forecast to 2028 (US$ Million)
9.5 Soups & Sauces
9.5.1 Overview
9.5.2 Soups & Sauces: North America Meat Extract Market– Revenue and Forecast to 2028 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others: North America Meat Extract Market– Revenue and Forecast to 2028 (US$ Million)
10. North America Meat Extract Market – Country Analysis
10.1 North America: North America Meat Extract Market
10.1.1 North America: North America Meat Extract Market –Revenue and Forecast to 2028 (US$ Million)
10.1.2 North America: North America Meat Extract Market, by Key Country
10.1.2.1 US: North America Meat Extract Market –Revenue and Forecast to 2028 (US$ Million)
10.1.2.1.1 US: North America Meat Extract Market, by Type
10.1.2.1.2 US: North America Meat Extract Market, by Form
10.1.2.1.3 US: North America Meat Extract Market, by Application
10.1.2.2 Canada: North America Meat Extract Market –Revenue and Forecast to 2028 (US$ Million)
10.1.2.2.1 Canada: North America Meat Extract Market, by Type
10.1.2.2.2 Canada: North America Meat Extract Market, by Form
10.1.2.2.3 Canada: North America Meat Extract Market, by Application
10.1.2.3 Mexico: North America Meat Extract Market –Revenue and Forecast to 2028 (US$ Million)
10.1.2.3.1 Mexico: North America Meat Extract Market, by Type
10.1.2.3.2 Mexico: North America Meat Extract Market, by Form
10.1.2.3.3 Mexico: North America 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 Proliant Biologicals, LLC
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
12. Appendix
12.1 About The Insight Partners
12.2 Word Index
LIST OF TABLES
Table 1. North America Meat Extract Market –Revenue and Forecast to 2028 (US$ Million)
Table 2. North America Meat Extract Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 3. North America Meat Extract Market, by Form – Revenue and Forecast to 2028 (US$ Million)
Table 4. North America Meat Extract Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 5. US North America Meat Extract Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 6. US North America Meat Extract Market, by Form – Revenue and Forecast to 2028 (US$ Million)
Table 7. US North America Meat Extract Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 8. Canada: North America Meat Extract Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 9. Canada: North America Meat Extract Market, by Form – Revenue and Forecast to 2028 (US$ Million)
Table 10. Canada North America Meat Extract Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 11. Mexico North America Meat Extract Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 12. Mexico North America Meat Extract Market, by Form – Revenue and Forecast to 2028 (US$ Million)
Table 13. Mexico North America Meat Extract Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 14. List of Abbreviation
LIST OF FIGURES
Figure 1. North America Meat Extract Market Segmentation
Figure 2. North America Meat Extract Market Overview
Figure 3. North America Meat Extract Market: By Type
Figure 4. North America Meat Extract Market: By Region
Figure 5. Porter's Five Forces Analysis: North America Meat Extract Market
Figure 6. Expert Opinion
Figure 7. Value Chain: Meat Extract
Figure 8. US Plant-Based Meat Sales (US$ Billion, 2018-2020)
Figure 9. North America Meat Extracts Market Impact Analysis of Drivers and Restraints
Figure 10. North America: North America Meat Extract Market – Revenue and Forecast to 2028 (US$ Million)
Figure 11. North America: North America Meat Extract Market Revenue Share, by Type (2020 and 2028)
Figure 12. Beef: North America Meat Extract Market – Revenue and Forecast To 2028 (US$ Million)
Figure 13. Pork: North America Meat Extract Market – Revenue and Forecast To 2028 (US$ Million)
Figure 14. Chicken: North America Meat Extract Market – Revenue and Forecast To 2028 (US$ Million)
Figure 15. Others: North America Meat Extract Market – Revenue and Forecast To 2028 (US$ Million)
Figure 16. North America: North America Meat Extract Market Revenue Share, by Form (2020 and 2028)
Figure 17. Powder: North America Meat Extract Market – Revenue and Forecast To 2028 (US$ Million)
Figure 18. Liquid: North America Meat Extract Market – Revenue and Forecast To 2028 (US$ Million)
Figure 19. Others: North America Meat Extract Market – Revenue and Forecast To 2028 (US$ Million)
Figure 20. North America: North America Meat Extract Market Revenue Share, by Application (2020 and 2028)
Figure 21. RTE & RTC Meals: North America Meat Extract Market– Revenue and Forecast To 2028 (US$ Million)
Figure 22. Sweet & Savory Snacks: North America Meat Extract Market– Revenue and Forecast To 2028 (US$ Million)
Figure 23. Soups & Sauces: North America Meat Extract Market– Revenue and Forecast To 2028 (US$ Million)
Figure 24. Others: North America Meat Extract Market– Revenue and Forecast To 2028 (US$ Million)
Figure 25. Overview: North America Meat Extract Market (US$ Million)
Figure 26. North America: North America Meat Extract Market Revenue Share, by Key Country (2020 and 2028)
Figure 27. US: North America Meat Extract Market –Revenue and Forecast to 2028 (US$ Million)
Figure 28. Canada: North America Meat Extract Market –Revenue and Forecast to 2028 (US$ Million)
Figure 29. Mexico: North America 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
- Proliant Biologicals, LLC
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