Global Stabilizing Agents For Meat Products Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2022 –2029 |
Market Size (Base Year) |
USD 2.24 Billion |
Market Size (Forecast Year) |
USD 3.07 Billion |
CAGR |
|
Major Markets Players |
Global Stabilizing Agents for Meat Products Market, By Source (Plant, Seaweed, Animal, Microbial, Synthetic), Functionality (Texture, Stability, Moisture Retention), Application (Meat Processing, HoReCa, Pet Food) – Industry Trends and Forecast to 2029.
Stabilizing Agents for Meat Products and meat Market Analysis and Size
The changing ways of life and dietary patterns, as well as an increase in the demand for convenience food due to sedentary lifestyles and an increase in the number of working women, have increased global demand for processed food. The demand for and use of various food additives has increased as the demand for processed foods has increased.
Data Bridge Market Research analyses that the stabilizing agents for meat products market was growing at a value of USD 2.24 billion in 2021 and is expected to reach a value of USD 3.07 billion and registering a CAGR of 4.00% from 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Stabilizing Agents for Meat Products and meat Market Scope and Segmentation
Report Metric |
Details |
Forecast Period |
2022 to 2029 |
Base Year |
2021 |
Historic Years |
2020 (Customizable to 2014 - 2019) |
Quantitative Units |
Revenue in USD billion, Volumes in Units, Pricing in USD |
Segments Covered |
Source (Plant, Seaweed, Animal, Microbial, Synthetic), Functionality (Texture, Stability, Moisture Retention), Application (Meat Processing, HoReCa, Pet Food), |
Countries Covered |
U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America |
Market Players Covered |
DSM (Netherlands), BASF SE (Germany), Lonza (Switzerland), Glanbia PLC (Ireland), ADM (U.S.), Farbest Brands (U.S.), SternVitamin GmbH & Co. KG (Germany), Adisseo (France), BTSA Biotechnologias Aplicadas S.L. (Spain), Rabar Pty Ltd (Australia) Novus International (U.S.), Kerry Group plc (Ireland), Chr. Hansen Holding A/S (Denmark), Lallemand Inc. (Canada), Lesaffre (France), AB Mauri (U.K.), LAFFORT (France), Alltech, (Nicholasville), DCL Food Distributors (U.K.), Agrano GmbH & Co. KG (Germany), UNIFERM GmbH & Co. KG (Germany) |
Opportunities |
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Market Definition
Meat stabiliser blends are additives that are incorporated into meat to improve its flavour and texture while also assisting in reducing human effort in ensuring the quality of the meat during the manufacturing process. These blends have assisted many manufacturers in meeting consumer preferences for specific tastes and textures of meat products. These additives also extend the meat's shelf life by preventing decay, spoilage, and microbial degradation.
Stabilizing Agents for Meat Products and meat Market Dynamics
Drivers
- high importance of stabilizers in food processing industry
The stabilizing agents for meat products market has grown significantly as a result of factors such as increased use in meat processing, pet food, hotels, restaurants, and cafes. The increasing importance of stabilising agents among food processing companies for improving the texture and smoothness of finished goods will drive market growth. Rising product applications in developing economies such as China and India are expected to boost product demand in the near future.
- High penetration of organic food industry is augmenting market growth
The growing demand for organic foods in developed countries is expected to broaden the scope of application for organic stabilising agents in the industry. To meet consumer demand, manufacturers prioritise organic product R&D. In the near future, a growing number of organic meat producers on a global scale are expected to expand the utility of various stabilising additives.
The use of stabilised blends improves the product quality and taste of the finished goods. Based on consumer preferences, producers add additives to maintain the product's taste while reducing the meat's fat content. This trend is expected to broaden the range of stabilisers available in the food processing market.
Opportunity
The stabilizing agents for meat products market is being propelled by rising demand for convenience foods and the growing impact of westernised food consumption trends, as well as a growing preference for advanced and personalised food and beverage processing mixes, which has fuelled the market application of food stabilisers. Market demand for prepared and convenient food items such as baked goods, cookies, cereal, ice cream, drinks, and other ready-made meals has increased.
Restraints
However, the strict international quality standards and regulations are likely to stymie the growth of the market for meat-stabilizing agents during the aforementioned period. Furthermore, fluctuating raw material prices will pose a challenge to the market growth stabilisers for meat products.
This stabilizing agents for meat products market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the stabilizing agents for meat products and meat market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
COVID-19 Impact on Stabilizing Agents for Meat Products Market
The stabilizing agents for meat products market was impacted by the COVID-19 pandemic, from raw material procurement to end product production. Due to a labour shortage, manufacturers faced difficulties, and import and export restrictions halted production. Bakery, confectionery, dairy products, and soft drinks containing food additives such as sweetener and food flavour have been held back as supermarkets re-allocated stock priorities toward staples and essential supplies due to the outbreak. This was primarily due to the governments of several countries issuing mass lockdown orders in order to prevent the spread of the pandemic in their respective countries.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Development
- In May 2022, Cargill Inc. announced the construction of a new soybean processing mill in the countryside of Hayti and Caruthersville to meet rising demand for oilseed, food, and feed.
- In May 2022. To meet the growing global demand for antioxidants, BASF doubled its production of Irganox, a registered product.
- In February 2022, Koninklijke DSM announced its contribution to strengthening nutrition systems in various African regions by improving access to clean and nutritious food for all people in the region in collaboration with the United Nations Children's Fund.
Global Stabilizing Agents for Meat Products Market Scope
The stabilizing agents for meat products market is segmented on the basis of source, functionality, and application. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Source
- Plant
- Seaweed
- Animal
- Microbial
- Synthetic
Functionality
- Texture
- Stability
- Moisture retention
Application
- Meat Processing
- HoReCa
- Pet Food
Stabilizing Agents for Meat Products Market Regional Analysis/Insights
The stabilizing agents for meat products market is analysed and market size insights and trends are provided by country, source, functionality, and application as referenced above.
The countries covered in the stabilizing agents for meat products market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America continues to dominate the global market and will account for the majority of revenue in the coming years. Meat stabilisers are widely used in the beef and poultry industries in this region. Increased meat consumption and the growing popularity of hot dogs, bacon, and ham in several countries are driving up demand for meat stabiliser blends in this sector.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Stabilizing Agents for Meat Products Market Share Analysis
The stabilizing agents for meat products market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to stabilizing agents for meat products market.
Some of the major players operating in the stabilizing agents for meat products market are:
- DSM (Netherlands)
- BASF SE (Germany)
- Lonza (Switzerland)
- Glanbia PLC (Ireland)
- ADM (U.S.)
- Farbest Brands (U.S.)
- SternVitamin GmbH & Co. KG (Germany)
- Adisseo (France)
- BTSA Biotechnologias Aplicadas S.L. (Spain)
- Rabar Pty Ltd (Australia)
- Novus International (U.S.)
- Kerry Group plc (Ireland)
- Chr. Hansen Holding A/S (Denmark)
- Lallemand Inc. (Canada)
- Lesaffre (France)
- AB Mauri (U.K.)
- LAFFORT (France)
- Alltech, (Nicholasville)
- DCL Food Distributors (U.K.)
- Agrano GmbH & Co. KG (Germany)
- UNIFERM GmbH & Co. KG (Germany)
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated 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 drop down your inquiry.
The key research methodology used by 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. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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