Global Non-Meat Ingredients Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Non-Meat Ingredients Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Ingredient (Binders, Extenders, Fillers, Flavoring Agents, Coloring Agents, Preservatives, Salt, and Texturing Agents), Product Type (Fresh Processed, Raw Cooked, Pre-Cooked, and Raw Fermented Sausages, and Others), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Non-Meat Ingredients Market was valued at USD 39,507.7 million in 2023 and is expected to reach USD 54,906.5 million by 2031 while growing at a CAGR of 4.2% 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 non-meat ingredients market growth. Non-meat ingredients, sourced from sources other than traditional animal meat, are used in the food industry to create meat alternatives and improve the nutritional profile and taste of vegetarian and vegan products. These ingredients, primarily plant-based but also including sources like fungi, algae, and cultured proteins, offer diverse options.
Increasing demand for plant-based diets and environmental sustainability concerns are propelling the non-meat ingredients market. Nevertheless, obstacles such as flavor and texture challenges, along with allergen concerns, could impede market expansion.
Furthermore, the global non-meat ingredients industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Ingredient Analysis
The Global Non-Meat Ingredients Market is segmented among Binders, Extenders, Fillers, Flavoring Agents, Coloring Agents, Preservatives, Salt, and Texturing Agents, based on Ingredient. In 2023, Flavoring Agents 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
Segmentation – By Product Type Analysis
The Global Non-Meat Ingredients Market is segmented among Fresh Processed, Raw Cooked, Pre-Cooked, and Raw Fermented Sausages, and Others, based on Product Type. In 2023, Raw Cooked 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 Non-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, North America dominated the market with the highest market share, while Asia Pacific 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 Archer Daniels Midland Company, Associated British Foods plc, Koninklijke Dsm N.V, DuPont de Nemours Inc, Kerry Group PLC, Ingredion Incorporated, BASF SE, and Advanced Food Systems, Inc.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Non-Meat Ingredients Market Dynamics
Drivers
Restraints
Opportunity
4. Global Non-Meat Ingredients Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Non-Meat Ingredients Market Segmentation, By Ingredient
Global Non-Meat Ingredients Market Share Analysis, By Ingredient
Global Non-Meat Ingredients Market Growth Analysis, By Ingredient
Global Non-Meat Ingredients Market Trends, By Ingredient
o Binders
o Extenders
o Fillers
o Flavoring Agents
o Coloring Agents
o Preservatives
o Salt
o Texturing Agents
6. Global Non-Meat Ingredients Market Segmentation, By Product Type
Global Non-Meat Ingredients Market Share Analysis, By Product Type
Global Non-Meat Ingredients Market Growth Analysis, By Product Type
Global Non-Meat Ingredients Market Trends, By Product Type
o Fresh Processed
o Raw Cooked
o Pre-Cooked
o Raw Fermented Sausages
o Others
7. Global Non-Meat Ingredients Market Segmentation, By Region
Global Non-Meat Ingredients Market Share Analysis, By Region
Global Non-Meat Ingredients Market Growth Analysis, By Region
Global Non-Meat Ingredients Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
8. Competitive Landscape
Archer Daniels Midland Company*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Associated British Foods plc
Koninklijke Dsm N.V
DuPont de Nemours Inc
Kerry Group PLC
Ingredion Incorporated
BASF SE
Advanced Food Systems, Inc.
*Similar analysis will be provided for each company listed above.