Meat
paste is made by layering dried meat with fermented soybeans along
with salted water. Meat paste possesses spicy, harmonious flavor in
the combination of roasted and meat odor to provide rich mouth
feeling. Meat paste is produced by forcing pork, beef, turkey,
chicken etc. in pureed or ground form under high pressure to separate
the bone from edible meat tissue. Meat paste is also known as
mechanically separated meat, mechanically recovered meat, and
mechanically deboned meat. Meat paste has application in food
products such as hot dogs, pasta, sausage etc. Meat paste is a savory
which comes with strong flavor and aroma, it also acts as a protein
source in soups and stews as an alternative to meats. Thus as healthy
and spicy option, meat paste has various applications in food
products, driving market demand in the global marketplace.
Market
Segmentation: Meat paste
The
Meat
paste market
is segmented on the basis of its raw material as dried beef, chicken,
Korean pheasant, etc. As a source of protein beef and chicken are
mainly used as a paste to enhance the flavor and taste of the food.
Thus the market demand for chicken and beef based meat paste is
higher than that of other raw materials.
The
Meat paste market is further segmented on the basis of end-user as
for human consumption and animal feed. Human consumption of meat
paste is in non-veg soups, food products such as hot dog, sandwich
etc. Increasing demand for healthy and trendy food items such as
healthy chicken paste based sandwich and soups is expected drive
market demand for meat paste for human consumption. Consumption of
these meat paste-based products is increasing demand due to its taste
and flavor-enhancing the property. In animal feed, meat paste is used
in order to increase the taste of the food and provide animals with
proteins and other healthy nutrients. Thus, increasing number of
animal husbandry and pet cradle trend are expected to drive market
demand for meat paste in animal feed applications.
The
Meat paste market is segmented on the basis of regions as North
America, Latin America, Europe, Asia Pacific & Japan, and the
Middle East and Africa.
Global
Meat paste Market: Regional Outlook
Depending
on geographies global meat paste market is segmented into five key
regions: North America, Latin America, Europe, Asia Pacific &
Japan, and the Middle East and Africa. In Asia Pacific regional
market Australia grabs major shares in consumption of meat paste
followed by the U.S. in the North America market. Europe is also one
of the leading consumers of meat paste as a result of increasing
population of consumers eating meat-based products. Countries such as
China, Korea, South Africa and Saudi Arabia were observed as
increasing demand in past few years and meat paste market demand is
expected to grow significantly over the forecast period. Meat paste
market is growing rapidly and global meat paste market is expected to
expand at significant CAGR over the forecast period as a result of
its increasing application in food products as a protein-rich
ingredient.
Global
Meat paste Market: Drivers and Trends
Meat
paste market demand is high due to its various application in the
food industry as a taste enhancer and flavoring agent. Increasing
consumption of meat based products is driving market demand for meat
paste. Health conscious consumers are leaning towards meat-based
products for protein and nutrient content. The trend of pet cradle is
increasing globally which is another major driver of growing demand
for meat paste based animal feed. Meat paste is a source of protein
which makes it popular in health-conscious consumers as well as in
fitness trainers, as a result increasing awareness about various
health benefits associated with consumption of meat paste is
increasing its demand in global market.
Global
Meat paste: Key Players
Some
of the key players identified across the value chain of the global
Meat paste market include Unilever, Asmi International Private
Limited, Vision Mark Biotech, Apple Flavors & Fragrances USA
Corp., Jardox Ltd., few of the retailers in meat paste market value
chain includes Tesco, Sainsbury's etc.
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