Market Overview

The global meat extract market was valued at USD 1.95 billion in 2024 and is expected to expand from USD 2.05 billion in 2025 to USD 3.08 billion by 2032, registering a CAGR of 5.95% during the forecast period. North America led the market in 2024, accounting for 42.05% of the total share. In particular, the U.S. meat extract market is set for substantial growth, projected to reach USD 982.81 million by 2032, fueled by increasing demand for meaty flavors in convenience and ready-to-eat food products.

According to the study, the trend for savory meat flavors will boost the business outlook amidst shifting dietary patterns. Besides, ready-to-cook meals have become sought-after across emerging and advanced economies.

Major Players Profiled in the Report

• Essentia Protein Solutions (U.S.)
• BRF S.A. (Brazil)
• Carnad Natural Taste (Denmark)
• Foodex Ingredients (Indonesia)
• Ariake Japan Co., Ltd. (Japan)
• Symrise AG (Germany)
• JBS S.A. (Brazil)
• Nikken Foods Co., Ltd. (Japan)
• Ajinomoto Co., Inc. (Japan)
• Vina Aroma Food Co., Ltd. (Vietnam)

Segments

In terms of type, the market is segregated into chicken, beef, pork, and lamb.

With respect to application, the market is segmented into seasonings & coatings, ready-to-cook & ready-to-eat meals, infant foods, savory snacks, soups and broths, sauces & spreads, and others.

Based on region, the industry is segmented into North America, Europe, Asia Pacific, South America, and the Middle East & Africa.

Source: https://www.fortunebusinessinsights.com/meat-extract-market-103227

Report Coverage