Global Meat Stabilizer Blends Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2029
Global Meat Stabilizers Blends Market: Overview
“The global Meat Stabilizers Blends Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”
Meat stabilizer blends are additives that are incorporated in meat to enhance its flavor and texture as well as to help reduce human effort in ensuring the quality of the meat during the manufacturing process. These blends have enabled manufacturers to meet consumer demands in terms of preference for certain tastes and textures of meat. These additives also ensure a longer shelf life of the meat by preventing decay or spoilage.
Meat stabilizers help to improve the texture of meat products by providing smoothness and improving color. These blends are used extensively in developing economies such as India and China due to the rising demand for broiler meat there. Meat stabilizer blends are also used in commercial applications such as hotel kitchens and restaurants. Higher amounts spent in eateries and dining places among millennials are expected to support market growth. Improving standards of living and increasing disposable incomes are other major factors that are boosting the trend of eating out, thereby, positively influencing this market.
Increasing research & development activities are being undertaken to examine the scope for organic stabilizer blends and to expand the application of these products. Rising consumption of organic food products, especially in countries such as the UK, the US, France, and Germany is expected to contribute significantly to achieving this end. Such factors are essential for revenue growth over the foreseeable future.
The animal and synthetic source segment accounts for a joint-highest revenue share. This can be attributed to the rising use of stabilizers such as blood plasma in the food processing industry. These stabilizers are used to emulsify and clarify the meat as well as used as color additives in processed food items such as ham and hot dogs.
The meat processing segment is projected to account for the majority revenue share over the next 10 years. The growing consumption of broiler meat in developing economies such as India, China, and Brazil are among other factors driving growth. In addition, the rising consumption of frozen/processed meats in developed economies such as Germany and the US are expected to be among other factors fueling this market’s growth.
North America continues to dominate the global market and is expected to account for the majority revenue share over the coming years. Meat stabilizers are extensively being used in the poultry and beef meat industries of this region. The rising consumption of meat products and the growing popularity of hot dogs, bacon, and ham across several countries is leading to a higher demand for meat stabilizer blends in this region. The US market is anticipated to account for the highest revenue share in this region. America is a major global producer of poultry and beef meat.
The market in Europe is expected to witness high revenue growth over the next 10 years. Demand for processed meat in this region is significantly high, which is another factor aiding revenue growth of the market in this region.
The Asia Pacific market is projected to index a high Compounded Annual Growth Rate (CAGR) over the forecast period. China is a major revenue contributor to the region’s market, on account of its large-scale production of meat products such as beef, pork, and poultry. Moreover, booming food processing industries in countries such as India, Vietnam and Pakistan are projected to exponentially surge market growth in this region.
Global Meat Stabilizers Blends Market Segmentation
- Meat Processing
- Pet Food
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Cargill Incorporated
- DowDuPont Inc.
- The Meat Cracks Technologie GmbH
- Kerry Group plc
- The Archer Daniels Midland Company
- Tate & Lyle PLC
- Palsgaard A/S
- Hydrosol GmbH & Co. KG
- Ingredion Incorporated
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