Non-Meat
ingredients, extracted from plants, animals, and synthetic sources,
find application in processing meat related food products. They serve
to better texture, flavor, volume, and other characteristics of the
processed meat food. A report by Transparency Market Research,
titled, “Non-Meat
Ingredient Market
- Global Industry Analysis, Size, Share, Growth, Trends, and Forecast
2017–2025,” finds the rising consumption of added meat products
is serving to majorly fuel the market.
A
unique perceived benefit of non-meat ingredient is its ability to
boost shelf life and stability of the product. This is also serving
to boost their demand. Further, improving technologies that are
making it even more cost effective to freeze and preserve meat
products, thereby helping the products to reach faraway markets, is
proving beneficial to the market too.
One
factor posing a hindrance to the non-meat ingredient market, on the
flip side, is the stringent regulations serving to limit production.
The emergence of new techniques to bring down the use of non-meat
ingredient is also posing a challenge to the market.
Having
thrown light on the growth drivers and restraints, the report goes on
to segment the global non-meat ingredient market based on origin into
animal, plant, and synthetic. Of them, the plant origin accounts for
a leading share in the market and will likely retain it in the
upcoming years. The synthetic segment is slated to trail the plant
segment owing to being less expensive.
For
more information on this report, fill the form @
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=29495
Depending
upon raw materials, the global market for non-meat ingredient market
can be segmented into hydrocolloids, sodium nitrates, milk proteins,
phosphates, gelatin, blood protein, glutamates, vegetable oils,
carrageenan, and sugars. Among them, the vegetable oil segment is
predicted to have a dominant share on account of its versatility. The
key applications of non-meat ingredients are flavoring, coloring
agent, taste enhancers, binder, texture enhancers, extenders, and
fillers.
From
a geographical standpoint, North America is the leading market which
is expected to continue to dominate the non-meat ingredient market in
the near future as well. This is because enormous amounts of
processed meat products is consumed in the region. Europe is another
key market which trails North America in terms of value. The markets
in Latin America and Asia Pacific are highly lucrative and hold a lot
of potential on account of the increasing trade and commerce in the
regions.
The
report throws light on the size of the global market for non-meat
ingredients by factoring in the overall revenue and also the
competitive dynamics determining the course of the market. In order
to do so, it profiles some of the important companies operating it.
Some such companies are Wenda America Inc., Kerry Inc., Ripon Select
Food Ltd., Koninklijke DSM N.V., Eleven Food Group, Shokuken Co.,
Ltd., AEP Colloids, and Cargill, Inc.
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