Report Description
A recent market
intelligence report that is published by Data Insights Partner on the global Non-meat
Ingredients Market makes an offering of in-depth analysis of segments and
sub-segments in the regional and international non-meat ingredients Market. The
research also emphasizes on the impact of restraints, drivers, and macro
indicators on the regional and global Non-meat Ingredients Market over the
short as well as long period of time. A detailed presentation of forecast, trends,
and dollar values of global non-meat ingredients Market `is offered. In
accordance with the report, the global Non-meat Ingredients Market is projected
to expand at a CAGR of 3.9% over the period of forecast.
Market Insight, Drivers, Restraints&
Opportunity of the Market:
Non-meat
ingredients are ingredients used by industries to process meat-related food
products to elevate taste, volume and texture and other features of processed
meat related food. Source of these non-meat ingredients are plants, animals and
other synthetic products. Non-meat ingredients when used in products extend the
shelf-life and stability of the products. The rise in consumption of added meat
products is beneficial for the non-meat ingredient market. The improved
technologies help in prolonging shelf-life make it cost-effective for
manufacturers to produce these non-meat ingredients. The non-meat market is
uses many chemicals like sodium nitrates, glutamates, blood proteins, vegetable
oils etc. as raw materials.
The key driver
of growth of the non-meat ingredients is the surge in demand for processed meat
products. The growing culture of snacks provides meat snacks as a healthy
alternative for traditional snacks containing potatoes, sugar and gluten. Meat
snack have replaced the protein bars as protein based snacks without a long
list of unknown components. This has boosted growth in the non-meat ingredients
industry. Lean meat variants are a consumer favorite as they are believed to be
an all-natural source for healthy protein. Meat snacks currently have three
major variants- jerky, sausages and sticks. Sausages and jerkies are largely
consumed in North America and Europe while sticks are gaining market shares in
China.
The key
restraint of growth in the non-meat ingredients market is attributed by the
strict regulations and limitation of manufacture of non-meat ingredients. The
emergence of new technology and research may reduce use of non-meat ingredients
which in return will decelerate growth of the industry. Consumer awareness
regarding the negative impact of the meat industry on the environment and
animal cruelty may hinder growth of the industry. Panoramic trends of veganism
and vegetarianism is likely to hamper growth during the forecast period.
According to FAO,
North America has the largest consumption of meat per capita which makes it the
dominant market for non-meat ingredients. The clean-label phenomenon surfaced
across North America due to a series of food incidents. This resulted in the
steady decline of demand of artificial ingredients in meat thus propelling
growth in the non-meat ingredients market. In developing regions like Middle
East, Africa and Asia-Pacific, the rising food processing and meat industries
have increased focus of key manufacturers of non-meat ingredients. They are now
expected to deliver superior quality and multi-functional non-meat ingredients
using ultra-modern technology.
Segment Covered:
This market
intelligence report on the global non-meat ingredients market encompasses market
segments based on product ingredients, raw materials, meat, product type and country/regions.
By product ingredients, the global Non-meat
ingredients Market is segregated
into,
§ Binders
§ Extenders & fillers
§ Coloring agents
§ Flavoring agents
§ Salts & preservatives
§ Others (anti-microbial, anti-oxidation, enzymes and
acidifiers)
By raw materials, the global Non-meat
ingredients Market is segmented into,
§ Sodium nitrates
§ Hydrocolloids
§ Phosphates
§ Milk protein
§ Gelatin
§ Blood protein
§ Carrageenan
§ Glutamates
§ Vegetable oils
§ Sugars
By meat, the global Non-meat ingredients
Market is segmented into,
§ Beef
§ Pork
§ Mutton
§ Poultry
§ Others (horse, camel, yak and rabbit)
By product type, the global Non-meat
ingredients Market is also
classified into,
§ Fresh processed
§ Raw-cooked
§ Pre-cooked
§ Raw fermented sausages
§ Cured &dried
§ Others (sun dried, minced and ground meat)
By country/region, the global Non-meat
ingredients Market has been
divided into,
§ North America (the U.S., Canada),
§ Latin America (Brazil, Mexico, Argentina and other
countries),
§ Europe (Germany, France, the U.K., Spain, Italy, Russia,
and other countries),
§ Asia Pacific (India, Japan, China, Australia and New
Zealand and other countries),
§ Middle East and Africa (GCC, South Africa, Israel and
Other countries).
Profiling of Market
Players:
This business
intelligence report offers profiling of reputed companies that are operating in
the market. Companies such as
§ Kerry Group plc (Ireland)
§ Ohly GmbH (Germany)
§ E. I. du Pont de Nemours and Company (U.S.)
§ Prolient Meat
Ingredients (U.S.)
§ Associated British Foods PLC
§ Archer Daniels Midland Company
§ Koninklijke Dsm N.V
§ BASF SE
§ Advanced Food Systems, Inc.
§ Wenda Ingredients
§ Wiberg GmbH
§ Redbrook Ingredient Services Limited
§ Campus SRL
§ Aliseia SRL
Other players have
been profiled into detail so as to offer a glimpse of the market leaders.
Moreover, parameters such as Non-meat ingredients Market related investment
& spending and developments by major players of the market are tracked in
this global report.
Report Highlights:
In-depth
analysis of the micro and macro indicators, market trends, and forecasts of
demand is offered by this business intelligence report. Furthermore, the report
offers a vivid picture of the factors that are steering and restraining the
growth of this market across all geographical segments. In addition to that, Growth
Matrix analysis is also provided in the report so as to share insight of the
investment areas that new or existing market players can take into consideration.
Various analytical tools such as DRO analysis, Porter's five forces analysis
has been used in this report to present a clear picture of the market. The
study focuses on the present market trends and provides market forecast from
the year 2020-2028. Emerging trends that would shape the market demand in the
years to come have been highlighted in this report. A competitive analysis in
each of the geographical segments gives an insight into market share of the
global players.
Salient Features:
Ø
This study offers
comprehensive yet detailed analysis of the Non-meat ingredients Market, size of the
market (US$ Mn), and Compound Annual Growth Rate (CAGR (%)) for the period of
forecast: 2020 – 2028, taking into account 2019 as the base year
Ø
It explains upcoming
revenue opportunities across various market segments and attractive matrix of
investment proposition for the said market
Ø
This market
intelligence report also offers pivotal insights about various market opportunities,
restraints, drivers, launch of new products, competitive market strategies of
leading market players, emerging market trends, and regional outlook
Ø
Profiling of
key market players in the world Non-meat ingredients Market is done by
taking into account various parameters such as company strategies, distribution
strategies, product portfolio, financial performance, key developments,
geographical presence, and company overview
Ø
Leading
market players covered this report comprise names such as Kerry Group plc
(Ireland), Ohly GmbH (Germany), E. I. du Pont de Nemours and Company (U.S.),
and Prolient Meat Ingredients (U.S.) and many more.
Ø
The data of
this report would allow management authorities and marketers of companies alike
to take informed decision when it comes to launch of products, government
initiatives, marketing tactics and expansion, and technical up gradation
Ø
The world
market for non-meat ingredients caters to the needs of various stakeholders pertaining to this
industry, namely suppliers, manufacturers, investors, and distributors for Non-meat ingredients Market. The research also caters to the rising needs of consulting
and research firms, financial analysts, and new market entrants
Ø
Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
Ø
Ample number
of examples and case studies have been taken into consideration before coming
to a conclusion
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the
investment opportunities in the Non-meat ingredients Market
v
Identification
of key factors driving investment opportunities in the Non-meat ingredients Market
v
Facilitate decision-making
based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to your
competitors’ business structure, strategy and prospects
v
Identify key
strengths and weaknesses of important market participants