The Asia Pacific Meat Extract Market would witness market growth of 7.6% CAGR during the forecast period (2021-2027). The growing health awareness among consumers along with the rising consciousness regarding the significance of protein-rich diets would augment the demand for the product during the forecast period.
Leading players are undergoing R&D activities combined with economic development in emerging nations which will contribute to the growth of the market. Meat extracts find considerable applications in the food industry including sauces, meats, soups, soup powders, seasonings, and coatings. In addition to it, these applications are growing in terms of number and volume as the food industry is launching innovative products.
The emergence of ultra-modern manufacturing abilities with multistep processes provides a better focus on the quality of meat extract in order to minimize the spread of diseases from animals to humans. Though, a strict inspection of food and beverages in the industry, due to the growing demand for halal and kosher-certified items would influence the supply and sales of meat extracts.
The rising purchasing power of consumers will also boost the growth of the meat enzymes market. There is a high shift from conventional meat to packaged meat items owing to the hectic lifestyle trends in both emerging and developed nations, causing a high demand for meat extracts. In addition, with the increasing consumer consciousness with respect to the consumption of high-nutrition food, the demand for protein is rising hence fueling the development of the meat extract market.
The China market dominated the Asia Pacific Pork Market by Country in 2020, thereby, achieving a market value of $300.2 million by 2027. The Japan market is showcasing a CAGR of 9% during (2021 - 2027). Additionally, The India market is poised to witness a CAGR of 9% during (2021 - 2027).
Based on Application, the market is segmented into Industrial and Commercial. Based on Form, the market is segmented into Powder, Paste, Liquid and Granules. Based on Type, the market is segmented into Beef, Chicken, Fish, Turkey, Pork and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Meat Extract Market is Projected to reach USD 20.8 Billion by 2027, at a CAGR of 6.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Givaudan S.A., Symrise AG (Diana Group), Haco Holding AG, JBS USA Holdings, Inc. (JBS S.A), WH Group Limited (Smithfield Foods, Inc.), NH Foods Ltd., Titan Biotech Ltd., Carnad Natural Taste, Chimab S.p.A, and Inthaco Co., Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Application
By Form
- Powder
- Paste
- Liquid
- Granules
By Type
- Beef
- Chicken
- Fish
- Turkey
- Pork
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Givaudan S.A.
- Symrise AG (Diana Group)
- Haco Holding AG
- JBS USA Holdings, Inc. (JBS S.A)
- WH Group Limited (Smithfield Foods, Inc.)
- NH Foods Ltd.
- Titan Biotech Ltd.
- Carnad Natural Taste
- Chimab S.p.A
- Inthaco Co., Ltd.
TABLE 1 Asia Pacific Meat Extract Market, 2017 - 2020, USD Million
TABLE 2 Asia Pacific Meat Extract Market, 2021 - 2027, USD Million
TABLE 3 Asia Pacific Meat Extract Market by Application, 2017 - 2020, USD Million
TABLE 4 Asia Pacific Meat Extract Market by Application, 2021 - 2027, USD Million
TABLE 5 Asia Pacific Industrial Market by Country, 2017 - 2020, USD Million
TABLE 6 Asia Pacific Industrial Market by Country, 2021 - 2027, USD Million
TABLE 7 Asia Pacific Commercial Market by Country, 2017 - 2020, USD Million
TABLE 8 Asia Pacific Others Market by Country, 2021 - 2027, USD Million
TABLE 9 Asia Pacific Meat Extract Market by Form, 2017 - 2020, USD Million
TABLE 10 Asia Pacific Meat Extract Market by Form, 2021 - 2027, USD Million
TABLE 11 Asia Pacific Powder Market by Country, 2017 - 2020, USD Million
TABLE 12 Asia Pacific Powder Market by Country, 2021 - 2027, USD Million
TABLE 13 Asia Pacific Paste Market by Country, 2017 - 2020, USD Million
TABLE 14 Asia Pacific Paste Market by Country, 2021 - 2027, USD Million
TABLE 15 Asia Pacific Liquid Market by Country, 2017 - 2020, USD Million
TABLE 16 Asia Pacific Liquid Market by Country, 2021 - 2027, USD Million
TABLE 17 Asia Pacific Granules Market by Country, 2017 - 2020, USD Million
TABLE 18 Asia Pacific Granules Market by Country, 2021 - 2027, USD Million
TABLE 19 Asia Pacific Meat Extract Market by Type, 2017 - 2020, USD Million
TABLE 20 Asia Pacific Meat Extract Market by Type, 2021 - 2027, USD Million
TABLE 21 Asia Pacific Beef Market by Country, 2017 - 2020, USD Million
TABLE 22 Asia Pacific Beef Market by Country, 2021 - 2027, USD Million
TABLE 23 Asia Pacific Chicken Market by Country, 2017 - 2020, USD Million
TABLE 24 Asia Pacific Chicken Market by Country, 2021 - 2027, USD Million
TABLE 25 Asia Pacific Fish Market by Country, 2017 - 2020, USD Million
TABLE 26 Asia Pacific Fish Market by Country, 2021 - 2027, USD Million
TABLE 27 Asia Pacific Turkey Market by Country, 2017 - 2020, USD Million
TABLE 28 Asia Pacific Turkey Market by Country, 2021 - 2027, USD Million
TABLE 29 Asia Pacific Pork Market by Country, 2017 - 2020, USD Million
TABLE 30 Asia Pacific Pork Market by Country, 2021 - 2027, USD Million
TABLE 31 Asia Pacific Others Market by Country, 2017 - 2020, USD Million
TABLE 32 Asia Pacific Others Market by Country, 2021 - 2027, USD Million
TABLE 33 Asia Pacific Meat Extract Market by Country, 2017 - 2020, USD Million
TABLE 34 Asia Pacific Meat Extract Market by Country, 2021 - 2027, USD Million
TABLE 35 China Meat Extract Market, 2017 - 2020, USD Million
TABLE 36 China Meat Extract Market, 2021 - 2027, USD Million
TABLE 37 China Meat Extract Market by Application, 2017 - 2020, USD Million
TABLE 38 China Meat Extract Market by Application, 2021 - 2027, USD Million
TABLE 39 China Meat Extract Market by Form, 2017 - 2020, USD Million
TABLE 40 China Meat Extract Market by Form, 2021 - 2027, USD Million
TABLE 41 China Meat Extract Market by Type, 2017 - 2020, USD Million
TABLE 42 China Meat Extract Market by Type, 2021 - 2027, USD Million
TABLE 43 Japan Meat Extract Market, 2017 - 2020, USD Million
TABLE 44 Japan Meat Extract Market, 2021 - 2027, USD Million
TABLE 45 Japan Meat Extract Market by Application, 2017 - 2020, USD Million
TABLE 46 Japan Meat Extract Market by Application, 2021 - 2027, USD Million
TABLE 47 Japan Meat Extract Market by Form, 2017 - 2020, USD Million
TABLE 48 Japan Meat Extract Market by Form, 2021 - 2027, USD Million
TABLE 49 Japan Meat Extract Market by Type, 2017 - 2020, USD Million
TABLE 50 Japan Meat Extract Market by Type, 2021 - 2027, USD Million
TABLE 51 India Meat Extract Market, 2017 - 2020, USD Million
TABLE 52 India Meat Extract Market, 2021 - 2027, USD Million
TABLE 53 India Meat Extract Market by Application, 2017 - 2020, USD Million
TABLE 54 India Meat Extract Market by Application, 2021 - 2027, USD Million
TABLE 55 India Meat Extract Market by Form, 2017 - 2020, USD Million
TABLE 56 India Meat Extract Market by Form, 2021 - 2027, USD Million
TABLE 57 India Meat Extract Market by Type, 2017 - 2020, USD Million
TABLE 58 India Meat Extract Market by Type, 2021 - 2027, USD Million
TABLE 59 South Korea Meat Extract Market, 2017 - 2020, USD Million
TABLE 60 South Korea Meat Extract Market, 2021 - 2027, USD Million
TABLE 61 South Korea Meat Extract Market by Application, 2017 - 2020, USD Million
TABLE 62 South Korea Meat Extract Market by Application, 2021 - 2027, USD Million
TABLE 63 South Korea Meat Extract Market by Form, 2017 - 2020, USD Million
TABLE 64 South Korea Meat Extract Market by Form, 2021 - 2027, USD Million
TABLE 65 South Korea Meat Extract Market by Type, 2017 - 2020, USD Million
TABLE 66 South Korea Meat Extract Market by Type, 2021 - 2027, USD Million
TABLE 67 Singapore Meat Extract Market, 2017 - 2020, USD Million
TABLE 68 Singapore Meat Extract Market, 2021 - 2027, USD Million
TABLE 69 Singapore Meat Extract Market by Application, 2017 - 2020, USD Million
TABLE 70 Singapore Meat Extract Market by Application, 2021 - 2027, USD Million
TABLE 71 Singapore Meat Extract Market by Form, 2017 - 2020, USD Million
TABLE 72 Singapore Meat Extract Market by Form, 2021 - 2027, USD Million
TABLE 73 Singapore Meat Extract Market by Type, 2017 - 2020, USD Million
TABLE 74 Singapore Meat Extract Market by Type, 2021 - 2027, USD Million
TABLE 75 Malaysia Meat Extract Market, 2017 - 2020, USD Million
TABLE 76 Malaysia Meat Extract Market, 2021 - 2027, USD Million
TABLE 77 Malaysia Meat Extract Market by Application, 2017 - 2020, USD Million
TABLE 78 Malaysia Meat Extract Market by Application, 2021 - 2027, USD Million
TABLE 79 Malaysia Meat Extract Market by Form, 2017 - 2020, USD Million
TABLE 80 Malaysia Meat Extract Market by Form, 2021 - 2027, USD Million
TABLE 81 Malaysia Meat Extract Market by Type, 2017 - 2020, USD Million
TABLE 82 Malaysia Meat Extract Market by Type, 2021 - 2027, USD Million
TABLE 83 Rest of Asia Pacific Meat Extract Market, 2017 - 2020, USD Million
TABLE 84 Rest of Asia Pacific Meat Extract Market, 2021 - 2027, USD Million
TABLE 85 Rest of Asia Pacific Meat Extract Market by Application, 2017 - 2020, USD Million
TABLE 86 Rest of Asia Pacific Meat Extract Market by Application, 2021 - 2027, USD Million
TABLE 87 Rest of Asia Pacific Meat Extract Market by Form, 2017 - 2020, USD Million
TABLE 88 Rest of Asia Pacific Meat Extract Market by Form, 2021 - 2027, USD Million
TABLE 89 Rest of Asia Pacific Meat Extract Market by Type, 2017 - 2020, USD Million
TABLE 90 Rest of Asia Pacific Meat Extract Market by Type, 2021 - 2027, USD Million
TABLE 91 key Information – Givaudan S.A.
TABLE 92 key Information – Symrise AG
TABLE 93 key information – Haco Holding AG
TABLE 94 Key Information – JBS USA Holdings, Inc.
TABLE 95 Key Information – WH Group Limited
TABLE 96 key Information – NH Foods Ltd.
TABLE 97 Key Information – Titan Biotech Ltd.
TABLE 98 key information – Carnad Natural Taste
TABLE 99 Key Information – Chimab S.p.A
TABLE 100 Key Information – Inthaco Co., Ltd.
List of Figures
FIG 1 Methodology for the research