The global meat extract market is expected to grow at a CAGR of 4% during the forecast period (2025-2030).
Meat extract is produced through liquid extraction and concentration of the water-soluble fractions of meat. Depending on their provenance and the ingredients in them, meat, bones, and liver, collectively called "meat extract," present different compositions and flavors. Urbanization and busy lifestyles have increased the demand for convenience foods, with the popularity of meat-based flavors and the growing consumer preference for natural food ingredients contributing significantly to the ever-increasing global meat extract market.
Additionally, this extract aims to provide complete peptone that is nutritionally enhanced by incorporating protein, phosphates, and other essential components proven to be deficient in peptone, based on careful enzymatic hydrolysis of low-fat, low-connective tissue meats.
There is an excessive increase in the demand for protein-fortified products globally, primarily due to the rapid awareness among consumers regarding fitness and health. Accordingly, meat extract is the primary ingredient in all the products produced. Various types of meat, such as chicken, pork, and meats rich in protein, are vital in making the crucial amino acids in the body that are required for proper functioning. For example, 34% of protein and 16% of energy in the human diet comes from animal sources. Various minerals and proteins in meat have been found to support healthy cell and tissue function, including iron and zinc. Moreover, several companies have invested in R&D to deliver novel technologies in meat extract products, positively impacting the market growth over the forecast period.
Of late, the umami taste has spread worldwide like wildfire. As the demand for meat-flavored savory additives in processed foods continues to rise, the global industry expands to meet this growing need for meaty flavor profiles in various products. This industry demand results from increased processing and demand for meat flavoring and the entry of processed, ready-to-eat, and ready-to-drink food into market commercialism. For long time ago, businesses started using artificial flavoring in their processed RTE and RTD food products. The other way these companies are trying to market more processed goods, such as noodles, instant bouillons, and snacks, with more meaty characters, is by using different natural sources in response to increasing demand for more natural and less artificial flavors.
Moreover, the ingredients add a soft and pleasant mouthfeel alongside the required meaty flavour to the finished food products. Thus, meat extracts have been used in processed foods in increasing numbers in the last ten years and are expected to increase further in the future.
The growing emphasis on sustainability and waste reduction in the food business is another factor contributing to the rise in the use of beef extract. Meat extract is generally created from by-products of the meat industry, such as bones, trimmings, and other parts that are not suitable for human consumption. Producers are now extracting valuable flavors from these by-products to create meat extracts. It aligns with the greater draw towards sustainable food production and consumption as it reduces the environmental impact of meat production and encourages resource efficiency. Thus, there is expected to be increased usage of meat extract as a sustainable ingredient as more consumers become conscious about the environment.
Moreover, there has been much innovation and development of products in meat extracts due to the focus on sustainability and waste reduction. Manufacturers are developing new flavours, formats, and packaging options to create convenience and appeal to the wider market. Increased per capita spending on packaged foods is driving revenue in the meat extract space.
Food processing companies are developing new plant-based products to imitate meat alternatives due to the increasing resurgence of vegetarian and vegan lifestyles. The key challenge for the market is the fun, healthy, and fashionable factor in a meatless diet. Moreover, as per consumer trends and lifestyles, plant-based products are replacing animal products with increased concern for animal welfare. Companies like Titan Biotech and Haco Holding AG are spending on plant-based meat flavor products that are as good as the existing ones. The increasing availability of these plant-based extract alternatives is the major constraint on market growth.
North America is expected to grow steadily during the forecast period due to the increased consumption of animal-based protein sources. The United States was and is expected to be one of the largest beef producers during the projection years. Mexico is expected to drive the regional market with increased consumption of red meat-based products. Moreover, product traceability is a significant determinant for North America concerning meat extracts. The growing trends, such as technological innovation, an increase in population, and rising demand and consumption of canned foods, concur with the regional market growth during the forecast period.
| Report Metric | Details |
|---|---|
| Study Period | 2021 to 2031 |
| Historical Data | 2021 to 2024 |
| Base Year | 2025 |
| Forecast Period | 2026 – 2031 |
| Report Metric | Details |
| Growth Rate | CAGR of 4% |
| Study Period | 2020 to 2030 |
| Historical Data | 2020 to 2023 |
| Base Year | 2024 |
| Forecast Period | 2025 – 2030 |
| Forecast Unit (Value) | USD Billion |
| Segmentation |
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| Geographical Segmentation | North America, South America, Europe, Middle East and Africa, Asia Pacific |
| List of Major Companies in the Meat Extract Market |
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| Customization Scope | Free report customization with purchase |