Market Overview:
The global specialty meat ingredients market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for processed and packaged food products, rising awareness about the health benefits of consuming specialty meat ingredients, and growing demand from emerging markets. The global specialty meat ingredients market is segmented by type, application, and region. By type, the market is divided into antibacterial agents, anti-oxidation agents, and others. The antibacterial agents segment is projected to grow at a CAGR of 6% from 2018 to 2030 due to its properties that help preserve food products. By application, the market is classified into meat products, seafood products,, soups & sauces,, and others (including bakery items & confectionery items). The seafood product segment accounted for the largest share of the global specialty meat ingredients market in 2017 owing to its increasing popularity among consumers across regions. Geographically speaking,, North America held majority share of 43% in 2017 followed by Europe with 31%.
Product Definition:
A specialty meat ingredient is a type of meat that is used in processed foods. These ingredients can include pork, beef, lamb, poultry, and seafood. They are often used to add flavor or texture to a dish. Specialty meat ingredients are important because they can add nutritional value to a food and help improve its taste.
Antibacterial:
Antibacterial is a microorganism that can cause disease in humans. The antibacterial peptides are the proteins made by some bacteria, which can kill other bacteria. Antibiotics are used to treat bacterial infections and are categorized into two types: natural antibiotics and synthetic (man-made) antibiotics. Some of the common symptoms caused due to bacterial infection include high fever, chills, body ache & pain among others.
Anti-oxidation:
The process of oxidation is caused by the reaction between oxygen and the fat in meat. The longer the meat is stored, the more likely it will be to go rancid. To prevent this, anti-oxidants are added to preserve agents which help reduce or stop oxidation of fats & oils in meats. These additives delay or prevent decomposition and therefore increase shelf life.
Application Insights:
Meat application led the global market with a share of over 60.0% in terms of revenue in 2017. The product is widely used to prevent meat from going bad and maintaining its freshness until the end of the shelf life. Antibacterial specialty meat ingredients are gaining popularity as they help maintain food quality and enhance nutrition levels by preventing bacterial growth, including E. Coli, Listeria monocytogenes, salmonella and campylobacter among others which can be harmful to human health if consumed in large quantities.
The seafood segment is expected to witness significant growth over the forecast period owing to rising consumer awareness regarding better living through better eating habits coupled with an increase in demand for healthy products that reduce weight loss during processing without compromising on taste or texture properties has resulted in increased utilization of antimicrobial agents during production process followed by fish & chips, mackeral & cod fillets among other seafood products such as sashimi.
Regional Analysis:
North America was the largest market for specialty meat ingredients in 2016 and is expected to continue its dominance over the forecast period. The U.S., in particular, is one of the major consumers owing to high demand from various application segments including processed meats, hot dogs, sausages and burgers.
The European region accounted for a significant share of global revenue in 2016 due to high consumption levels coupled with rising consumer awareness regarding health benefits offered by these products. However, sluggish growth rate of food processing industries may hinder market development over next eight years.
Asia Pacific is estimated to be the fastest-growing regional market at a CAGR of XX% from 2017 to 2030 owing an increasing number of middle-class population groups along with rising disposable income levels that are encouraging people toward adopting western culture diet patterns emphasizing on protein rich foods such as meat.
Growth Factors:
- Increasing demand for processed and convenience foods: The growing demand for processed and convenience foods is one of the key growth drivers for the specialty meat ingredients market. This is because these products offer several benefits such as ease of preparation, longer shelf life, and better flavor.
- Rising awareness about the health benefits of specialty meat ingredients: There is a growing awareness among consumers about the health benefits of specialty meat ingredients such as their ability to improve heart health, aid in weight loss, etc. This is driving demand for these products in both developed and developing countries.
- Growing popularity of healthy diets: The popularity of healthy diets has led to an increase in consumption of healthier food items including specialty meat ingredients. This provides a major opportunity for players operating in this market to capitalize on this trend by launching new products that are rich in nutrients but low on calories/fat content.
Scope Of The Report
Report Attributes
Report Details
Report Title
Specialty Meat Ingredients Market Research Report
By Type
Antibacterial, Anti-oxidation, Others
By Application
Meat, Seafood, Soups & Sauces, Others
By Companies
Corbion, Kerry Group, Niacet Corporation, Naturex, WIBERG, Firmenich, Ohly, Wenda Ingredient, Advanced Food Systems, Essentia Protein Solutions, WTI,Inc
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
130
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Specialty Meat Ingredients Market Report Segments:
The global Specialty Meat Ingredients market is segmented on the basis of:
Types
Antibacterial, Anti-oxidation, Others
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
Meat, Seafood, Soups & Sauces, Others
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:
- Corbion
- Kerry Group
- Niacet Corporation
- Naturex
- WIBERG
- Firmenich
- Ohly
- Wenda Ingredient
- Advanced Food Systems
- Essentia Protein Solutions
- WTI,Inc
Highlights of The Specialty 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:
- Antibacterial
- Anti-oxidation
- Others
- By Application:
- Meat
- Seafood
- Soups & Sauces
- Others
- 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 Specialty 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.
How you may use our products:
- Correctly Positioning New Products
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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?
Specialty meat ingredients are those that are not typically found in ground beef, such as pork or lamb. These ingredients can add flavor and texture to ground beef products.
Some of the major companies in the specialty meat ingredients market are Corbion, Kerry Group, Niacet Corporation, Naturex, WIBERG, Firmenich, Ohly, Wenda Ingredient, Advanced Food Systems, Essentia Protein Solutions, WTI,Inc.
The specialty meat ingredients market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Specialty Meat Ingredients Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Specialty Meat Ingredients Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Specialty Meat Ingredients Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Specialty Meat Ingredients Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Specialty Meat Ingredients Market Size & Forecast, 2020-2028
4.5.1 Specialty Meat Ingredients Market Size and Y-o-Y Growth
4.5.2 Specialty Meat Ingredients Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Antibacterial
5.2.2 Anti-oxidation
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Meat
6.2.2 Seafood
6.2.3 Soups & Sauces
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Specialty Meat Ingredients Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Specialty Meat Ingredients Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Antibacterial
9.6.2 Anti-oxidation
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Meat
9.10.2 Seafood
9.10.3 Soups & Sauces
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Antibacterial
10.6.2 Anti-oxidation
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Meat
10.10.2 Seafood
10.10.3 Soups & Sauces
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Antibacterial
11.6.2 Anti-oxidation
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Meat
11.10.2 Seafood
11.10.3 Soups & Sauces
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Antibacterial
12.6.2 Anti-oxidation
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Meat
12.10.2 Seafood
12.10.3 Soups & Sauces
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Antibacterial
13.6.2 Anti-oxidation
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Meat
13.10.2 Seafood
13.10.3 Soups & Sauces
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Specialty Meat Ingredients Market: Competitive Dashboard
14.2 Global Specialty Meat Ingredients Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Corbion
14.3.2 Kerry Group
14.3.3 Niacet Corporation
14.3.4 Naturex
14.3.5 WIBERG
14.3.6 Firmenich
14.3.7 Ohly
14.3.8 Wenda Ingredient
14.3.9 Advanced Food Systems
14.3.10 Essentia Protein Solutions
14.3.11 WTI,Inc
