Unveiling Growth Trajectories: The Non-Meat Ingredients Market Landscape
The global non-meat ingredients market is on a trajectory of significant expansion, with an estimated value set to reach USD 51.1 billion by 2029 from USD 41.2 billion in 2024, indicating a promising Compound Annual Growth Rate (CAGR) of 4.4%. As the global population expands and urbanization continues, the demand for meat products escalates, prompting meat producers to prioritize quality and safety....
Non-Meat Ingredients Market Opportunities & Challenges by 2027
The report “Non-Meat Ingredients Market by Ingredient (Binders, Extenders, Fillers, Coloring & Flavoring Agents, Salts & Preservatives), Type (Beef, Pork, Mutton, Poultry), Product, source (plant, chemical, animal ) & Region – Forecast to 2027″, is estimated to be valued at USD 36.6 billion in 2021. It is projected to reach USD 46.7 billion by 2027, recording a CAGR of...
Major Driving Factors for Functional Non-Meat Ingredients Market
The growth in meat consumption in emerging markets and the increasing demand for processed meat products have resulted in the growth of the functional non-meat ingredients market. Increase in per capita meat consumption and increasing demand for functional non-meat ingredients in a wide range of meat applications are driving factors for the market. Increased research & development activities of...