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.
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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.
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,
By raw materials, the global Non-meat ingredients Market is segmented into,
By meat, the global Non-meat ingredients Market is segmented into,
By product type, the global Non-meat ingredients Market is also classified into,
By country/region, the global Non-meat ingredients Market has been divided into,
Profiling of Market Players:
This business intelligence report offers profiling of reputed companies that are operating in the market. Companies such as
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.
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.
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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:
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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
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