The Global Meat Extract Market is expected to grow with factors such as increasing consumption of the high nutritional value of meat extract. The extensive use of meat extract in microbiology to grow culture media may act as a major factor for the market's growth.
However, the availability of alternatives or substitutes for meat extract is expected to hamper the market's demand.
Global Meat Extract Market Scenario
According to Data Bridge Market Research, the global meat extract market in Asia-Pacific has the highest market share. The market leader is Kerry which accounts for an estimated market share of approximately 2.22% in the global market. The company has many acquisitions with other companies and publications to expand the business of meat extract in the market.
- In April 2021, Kerry published a whitepaper that mentioned the latest stocks, broths, and bouillons trends. The key emerging trends are focused on making ingredients more clean label. Exciting new tastes are being commercialized. New trending areas include sipping broths, immune support, and plant protein fortification, increasing consumer demand for clean label stocks, and broths in authentic flavors. Stocks and broths have been used recently to infuse flavors into food. This publication helped spread awareness regarding the emerging trends in stocks and broths
Trends Impacting the Market
Now the question is which other regions Kerry, Thermo Fisher Scientific Inc., BD, are targeting? Data Bridge Market Research has forecasted a large growth in Asia-Pacific passenger information system market and the market leaders are targeting China, India and Japan to be their next pocket revenue for 2022.
The global meat extract market is becoming more competitive with companies such as Kerry, Thermo Fisher Scientific Inc., BD as these are the top dominating companies in the global meat extract market and have launched new products, services, and consumables in the market. The data bridge market research new reports highlight the major growth factors and opportunities in the global meat extract market.
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Global Meat Extract Market Developments
- In December 2018, Kerry acquired two US businesses, Ariake USA and South-eastern Mills' North American coatings and seasonings business (SEM), for USD 367.7 million. Ariake USA offers clean-label taste solutions derived from pork, poultry, and others. This acquisition aims to strengthen the authentic taste and clean-label portfolio, and foodservice positioning of the company
- In July 2018, Thermo Fisher Scientific Inc. got ISO 9001:2015 certified. This certification represents the effective quality management system of the company, and the certification aims to enhance customer satisfaction
Scope of the Global Meat Extract Market
The global meat extract market is segmented based on countries into the U.S., Mexico, Canada, France, Russia, Netherlands, U.K., Germany, Italy, Spain, Turkey, Belgium, Sweden, Poland, Denmark, Switzerland, Rest of Europe, China, Australia, Japan, South Korea, Singapore, Malaysia, Indonesia, Philippines, India, Thailand, New Zealand, Vietnam, Rest of Asia-Pacific, South Africa, Saudi Arabia, U.A.E, Oman, Qatar, Kuwait and rest of Middle East. All country-based analysis of the global meat extract market is further analyzed based on maximum granularity into further segmentation.
The global meat extract market is segmented into product, type, form, function, category, and application. On the basis of product, the global meat extract market is segmented into beef extract, pork extract, chicken extract, fish extract, lamb extract, and other meat extracts. On the basis of type, the global meat extract market is segmented into stock and extract. On the basis of form, the global meat extract market is segmented into powder, paste, and liquid. On the basis of function, the global meat extract market is segmented into flavoring agent, preparation of culture media, and others. On the basis of category, the global meat extract market is segmented into organic and conventional. On the basis of application, the global meat extract market is segmented into food & beverage and pharmaceutical/laboratory research.
To know more about the study https://www.databridgemarketresearch.com/reports/global-meat-extract-market
Key Pointers Covered in Global Meat Extract Market Industry Trends and Forecast to 2029
- Market Size
- Top to Bottom Market Analysis
- Recent Developments for Market Competitors
- Recent Market Value for Different Countries
- Market Value and Overview of Global Meat Extract Market
- Company Profiling of Top Players of Global Meat Extract Market
Key Market Competitors Covered in the Report
- Kerry
- PACIFIC FOODS OF OREGON, LLC
- Bare Bones
- PT. Foodex Indonesia
- A. Costantino & C. spa
- Abbexa
- Maverick Biosciences
- MP BIOMEDICALS
- NH Foods Australia.
- Nikken Foods Co.,Ltd.
- Essentia Protein Solutions
- Alpha Biosciences
- Bio Basic Inc.
- Colin Ingrédients
- Carnad
- HiMedia Laboratories.
- Thermo Fisher Scientific Inc.
- BD
- Bonafide Provisions
- Hardy Diagnostics
- JBS GLOBAL
- NEOGEN Corporation
- International Dehydrated Foods, Inc.
- Proliant Biologicals, LLC.
- ARIAKE JAPAN Co.,Ltd.
- Meioh Bussan Co., Ltd.
Above are the key players covered in the report, to know about more and exhaustive list of meat extract companies’ contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-meat-extract-market
Research Methodology: Global Meat Extract Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or can drop down your inquiry.
The key research methodology used by the DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis, and vendor share analysis. To know more about the research methodology, drop an inquiry to speak to our industry experts.
Primary Respondents
- Demand Side: Manufacturers, Food Industrialists
- Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers, among others.
Related Reports
- Global Beef Extract Market - Industry Trends and Forecast to 2029
- Middle East and Africa Meat Extract Market - Industry Trends and Forecast to 2028
- North America Meat Extract Market - Industry Trends and Forecast to 2028
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