Market Overview:
The global functional non-meat ingredients market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for plant-based meat products and rising awareness about the health benefits of consuming plant-based proteins. In addition, the growing trend of veganism and vegetarianism is also contributing to the growth of this market. The global functional non-meat ingredients market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into binders, extenders, fillers, coloring & flavoring agents, salts & preservatives. The binders segment is expected to account for a major share in terms of revenue in 2018 owing to their ability to improve product texture and stability while reducing costs. On the basis of application, it can be classified into stores (supermarkets/hypermarkets), online retailing (e-commerce), and other applications such as food service establishments and institutional kitchens). The stores segment is estimated to dominate in terms revenue contribution in 2018 followed by online retailing due high penetration rate across developed countries such as U.S.
Product Definition:
Functional non-meat ingredients are used as a means of adding functionality to food products. This might include improving texture, increasing shelf life, or adding nutritional value. Functional ingredients are often derived from plant sources, and can be found in a variety of processed foods.
Binders:
Binders are used in functional non-meat ingredients to help the food bind together. They can be natural or synthetic and are added in varying quantities depending upon the type of food being processed. Binders such as egg proteins, soy protein, wheat gluten, and whey proteins among others have different applications across various end-use industries including meat processing industry.
Extenders:
Extenders are a group of functional ingredients used as binders to enhance the properties of other ingredients. They have high viscosity and low water content which makes them ideal for use in meat products. Extenders also help increase the shelf life of processed food by increasing water holding capacity thus preventing moisture migration or evaporation.
The global extenders.
Application Insights:
Stores accounted for the largest market share in 2017 and are projected to expand at a CAGR of XX% over the forecast period. The stores application segment is further divided into hypermarkets and supermarkets, which includes both online as well as brick-and-mortar stores. The growth of online retailing has been exponential in recent years owing to its convenience, accessibility, efficiency and cost effectiveness coupled with an increase in consumer purchasing power across various regions of the world including Asia Pacific, North America & Latin America and Europe. This trend is expected to continue over the next few years thereby driving product demand from this application segment.
Online functional food ingredient market was valued at USD 1,176 million in 2017 owing to increasing use of these ingredients by e-commerce players operating across various countries worldwide including India; China; U.S.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising meat consumption in China, India, Japan, South Korea, Indonesia and Philippines. Asia Pacific has been witnessing a growing demand for processed food products as consumers are increasingly adopting a vegan or vegetarian lifestyle due to increasing awareness about health issues associated with red meat such as cancer and heart diseases. This factor is projected to fuel regional product demand over the forecast period.
Europe accounted for more than 20% of total market share in terms of revenue owing to high consumer awareness regarding healthy diet patterns along with changing lifestyles resulting into increased spending on grocery items including meat substitutes such as soy-based burgers and hot dogs among others which will drive industry expansion over the next eight years.
Growth Factors:
- Increasing demand for plant-based meat alternatives: The global market for plant-based meat alternatives is projected to grow at a CAGR of more than 15% from 2019 to 2025, according to a recent study by MarketsandMarkets. This growth can be attributed to the increasing awareness about the health benefits of plant-based foods and the growing popularity of veganism and vegetarianism.
- Rising demand for healthy and sustainable ingredients: Functional non-meat ingredients are considered healthier and more sustainable options compared to traditional meat products. They are also rich in proteins, vitamins, minerals, and other nutrients that are essential for human health. This is driving their demand among consumers worldwide.
- Growing trend of flexitarianism: Flexitarianism is a diet pattern that encourages people to reduce their intake of animal protein in favor of plant-based proteins. This trend is contributing significantly towards the growth of the functional non-meat ingredient market as it promotes consumption of these ingredients over traditional meat products.
Scope Of The Report
Report Attributes
Report Details
Report Title
Functional Non-Meat Ingredients Market Research Report
By Type
Binders, Extenders, Fillers, Coloring & Flavoring Agents, Salts & Preservatives
By Application
Stores, Online, Other
By Companies
Kerry Group PLC, Wenda Ingredients, Wiberg GmbH, Ohly GmbH, DowDuPont, Proliant Meat Ingredients, Aliseia SRL, Associated British Foods PLC, Advanced Food Systems, Inc., Redbrook Ingredient Services Limited, Campus SRL
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Functional Non-Meat Ingredients Market Report Segments:
The global Functional Non-Meat Ingredients market is segmented on the basis of:
Types
Binders, Extenders, Fillers, Coloring & Flavoring Agents, Salts & Preservatives
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Stores, Online, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Kerry Group PLC
- Wenda Ingredients
- Wiberg GmbH
- Ohly GmbH
- DowDuPont
- Proliant Meat Ingredients
- Aliseia SRL
- Associated British Foods PLC
- Advanced Food Systems, Inc.
- Redbrook Ingredient Services Limited
- Campus SRL
Highlights of The Functional Non-Meat Ingredients Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Binders
- Extenders
- Fillers
- Coloring & Flavoring Agents
- Salts & Preservatives
- By Application:
- Stores
- Online
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Functional Non-Meat Ingredients Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Functional non-meat ingredients are plant-based ingredients that can replace meat in a recipe. They can be used to create textures and flavors similar to those of meat, or they can provide essential nutrients missing from traditional meats.
Some of the major companies in the functional non-meat ingredients market are Kerry Group PLC, Wenda Ingredients, Wiberg GmbH, Ohly GmbH, DowDuPont, Proliant Meat Ingredients, Aliseia SRL, Associated British Foods PLC, Advanced Food Systems, Inc., Redbrook Ingredient Services Limited, Campus SRL.
The functional non-meat ingredients market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Functional Non-Meat Ingredients Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Functional Non-Meat Ingredients Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Functional Non-Meat Ingredients Market - Supply Chain
4.5. Global Functional Non-Meat Ingredients Market Forecast
4.5.1. Functional Non-Meat Ingredients Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Functional Non-Meat Ingredients Market Size (000 Units) and Y-o-Y Growth
4.5.3. Functional Non-Meat Ingredients Market Absolute $ Opportunity
5. Global Functional Non-Meat Ingredients Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Functional Non-Meat Ingredients Market Size and Volume Forecast by Type
5.3.1. Binders
5.3.2. Extenders
5.3.3. Fillers
5.3.4. Coloring & Flavoring Agents
5.3.5. Salts & Preservatives
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Functional Non-Meat Ingredients Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Functional Non-Meat Ingredients Market Size and Volume Forecast by Application
6.3.1. Stores
6.3.2. Online
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Functional Non-Meat Ingredients Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Functional Non-Meat Ingredients Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Functional Non-Meat Ingredients Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Functional Non-Meat Ingredients Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Functional Non-Meat Ingredients Demand Share Forecast, 2019-2026
9. North America Functional Non-Meat Ingredients Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Functional Non-Meat Ingredients Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Functional Non-Meat Ingredients Market Size and Volume Forecast by Application
9.4.1. Stores
9.4.2. Online
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Functional Non-Meat Ingredients Market Size and Volume Forecast by Type
9.7.1. Binders
9.7.2. Extenders
9.7.3. Fillers
9.7.4. Coloring & Flavoring Agents
9.7.5. Salts & Preservatives
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Functional Non-Meat Ingredients Demand Share Forecast, 2019-2026
10. Latin America Functional Non-Meat Ingredients Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Functional Non-Meat Ingredients Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Functional Non-Meat Ingredients Market Size and Volume Forecast by Application
10.4.1. Stores
10.4.2. Online
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Functional Non-Meat Ingredients Market Size and Volume Forecast by Type
10.7.1. Binders
10.7.2. Extenders
10.7.3. Fillers
10.7.4. Coloring & Flavoring Agents
10.7.5. Salts & Preservatives
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Functional Non-Meat Ingredients Demand Share Forecast, 2019-2026
11. Europe Functional Non-Meat Ingredients Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Functional Non-Meat Ingredients Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Functional Non-Meat Ingredients Market Size and Volume Forecast by Application
11.4.1. Stores
11.4.2. Online
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Functional Non-Meat Ingredients Market Size and Volume Forecast by Type
11.7.1. Binders
11.7.2. Extenders
11.7.3. Fillers
11.7.4. Coloring & Flavoring Agents
11.7.5. Salts & Preservatives
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Functional Non-Meat Ingredients Demand Share, 2019-2026
12. Asia Pacific Functional Non-Meat Ingredients Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Functional Non-Meat Ingredients Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Functional Non-Meat Ingredients Market Size and Volume Forecast by Application
12.4.1. Stores
12.4.2. Online
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Functional Non-Meat Ingredients Market Size and Volume Forecast by Type
12.7.1. Binders
12.7.2. Extenders
12.7.3. Fillers
12.7.4. Coloring & Flavoring Agents
12.7.5. Salts & Preservatives
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Functional Non-Meat Ingredients Demand Share, 2019-2026
13. Middle East & Africa Functional Non-Meat Ingredients Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Functional Non-Meat Ingredients Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Functional Non-Meat Ingredients Market Size and Volume Forecast by Application
13.4.1. Stores
13.4.2. Online
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Functional Non-Meat Ingredients Market Size and Volume Forecast by Type
13.7.1. Binders
13.7.2. Extenders
13.7.3. Fillers
13.7.4. Coloring & Flavoring Agents
13.7.5. Salts & Preservatives
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Functional Non-Meat Ingredients Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Functional Non-Meat Ingredients Market: Market Share Analysis
14.2. Functional Non-Meat Ingredients Distributors and Customers
14.3. Functional Non-Meat Ingredients Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Kerry Group PLC
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Wenda Ingredients
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Wiberg GmbH
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Ohly GmbH
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. DowDuPont
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Proliant Meat Ingredients
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Aliseia SRL
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Associated British Foods PLC
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Advanced Food Systems, Inc.
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Redbrook Ingredient Services Limited
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Campus SRL
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
