Market Overview

The Global Meat Ingredients Market was valued at USD 9,383.8 million in 2023 and is expected to reach USD 14,130.4 million by 2031 while growing at a CAGR of 5.3% during the forecast period (2024-2031).

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Market Dynamics

This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global meat ingredients market growth. Meat ingredients, derived from various meat sources, are employed in the food industry for diverse product preparations. These components, available in fresh, processed, or preserved forms, enhance the flavor, texture, nutritional content, and other characteristics of the final food product during processing.

Increasing meat consumption and advances in technology, particularly in meat processing and preservation techniques, drive the growth of the meat ingredients market. However, obstacles such as health concerns and dietary shifts, along with stringent regulations and labeling requirements, may impede market expansion.

Furthermore, the global meat ingredients industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Ingredient Analysis

The Global Meat Ingredients Market is segmented among Binders, Extenders, Fillers, Coloring Agents, Flavoring Agents, Preservatives, Texturing Agents, and Salts, based on Ingredient. In 2023, Binders accounted for the majority of the market share*.

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Global Meat Ingredients Market: Regional Analysis

Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Asia Pacific dominated the market with the highest market share and is expected to grow with the highest CAGR during the forecast period (2024 – 2031).

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Competitive Landscape

Some of the key players operating in the market are International Flavors & Fragrances, Inc., Kerry Group plc, Firmenich SA, Archer Daniels Midland Company, Süddeutsche Zuckerrübenverwertungs-Genossenschaft eG (Beneo), Roquette Frères, Tate & Lyle PLC, Koninklijke DSM N.V., Ingredion Incorporated, and Cargill, Incorporated.

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Meat Ingredients Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Meat Ingredients Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Meat Ingredients Market Segmentation, By Ingredient

• Global Meat Ingredients Market Share Analysis, By Ingredient

• Global Meat Ingredients Market Growth Analysis, By Ingredient

• Global Meat Ingredients Market Trends, By Ingredient

o Binders

o Extenders

o Fillers

o Coloring Agents

o Flavoring Agents

o Preservatives

o Texturing Agents

o Salts

6. Global Meat Ingredients Market Segmentation, By Region

• Global Meat Ingredients Market Share Analysis, By Region

• Global Meat Ingredients Market Growth Analysis, By Region

• Global Meat Ingredients Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

7. Competitive Landscape

• International Flavors & Fragrances, Inc.*

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• Kerry Group plc

• Firmenich SA

• Archer Daniels Midland Company

• Süddeutsche Zuckerrübenverwertungs-Genossenschaft eG (Beneo)

• Roquette Frères

• Tate & Lyle PLC

• Koninklijke DSM N.V.

• Ingredion Incorporated

• Cargill, Incorporated  

*Similar analysis will be provided for each company listed above.