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Middle East and Africa Meat Extract Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Beef, Pork, Chicken, and Others), Form (Powder, Liquid, and Others), and Application (RTE & RTC Meals, Sweet & Savory Snacks, Soups & Sauces, and Others)
Market Report I 2022-09-14 I 109 Pages I The Insight Partners
The Middle East and Africa meat extract market is expected to grow from US$ 55.45 million in 2021 to US$ 76.54 million by 2028; it is estimated to grow at a CAGR of 4.7% from 2021 to 2028.
In the past few years, the demand for protein has increased significantly with the increase in consumer focus on health and wellness amid hectic lifestyle and prolonged work schedules. Therefore, they choose functional products with high protein, vitamin, mineral, and carb content. Their snacking habits have also evolved significantly, including healthier and junk-free product options in the diet. Thus, high-protein meat snacks are gaining huge traction among consumers. Meat extracts are employed as flavor enhancers and fortification ingredients in several meat snacks, such as jerky, sausages, nuggets, and bites. Further, they are used in ready meals, soup blends, and instant snacks. Moreover, meat extracts minimize the requirement of salt in processed food. Beef bone broth and extracts offered by Symrise contain 90% protein, whereas the beef powder consists of ~70% protein in the form of dry matter, which can be added to a wide range of meat products, including soup mixes, meals, sauces & dressings, seasonings, and snacks.
Vendors in the Middle East and Africa meat extract market are leveraging new technologies to attract new customers and expand their footprints in emerging markets by offering products with enhanced features. This factor is likely to drive the Middle East and Africa meat extract market at a notable CAGR during the forecast period.
Middle East and Africa Meat Extract Market Revenue and Forecast to 2028 (US$ Million)
Middle East and Africa Meat Extract Market Segmentation
The Middle East and Africa meat extract market is segmented on the basis of type, form, application, and country. Based on type, the market is segmented into beef, pork, chicken, and others. Based on form, the Middle East and Africa meat extract market is segmented into powder, liquid, and others. Based on application, the market is divided into RTE & RTC meals, sweet & savory snacks, soups & sauces, and others. Based on country, the Middle East and Africa Meat Extract Market is segmented into the Saudi Arabia, UAE, South Africa and Rest of MEA.
Middle East and Africa Meat Extract Market -Companies Mentioned
Colin Ingredients; Carnad Natural Taste; Diana Group; PT Foodex Inti Ingredients; Givaudan S.A; JBS SA.; Maverick Biosciences Pty Ltd; Nippon Ham Group and Proliant Biologicals, LLC. are a few major companies operating in the Middle East and Africa Meat Extract Market.
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis Formulation:
3.2.4 Macro-economic Factor Analysis:
3.2.5 Developing Base Number:
3.2.6 Data Triangulation:
3.2.7 Country Level Data:
4. Middle East and Africa Meat Extract Market Landscape
4.1 Market Overview
4.2 Porter's Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Expert Opinion
4.4 Value Chain Analysis
4.4.1 Value Chain Analysis: Meat Extract
4.4.1.1 Raw Material
4.4.1.2 Manufacturing/Processing
4.4.1.3 Packaging
5. Middle East and Africa Meat Extract Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Demand for Meat Extracts as Flavour Enhancers
5.1.2 Increasing Utilization of Meat Extracts for the Preparation of Culture Media
5.2 Market Restraints
5.2.1 Increasing Vegan Population
5.3 Market Opportunities
5.3.1 Surging Demand for Clean-Label and Organic Meat Extracts
5.4 Future Trends
5.4.1 Growing Preference for High-Protein Snacks
5.5 Impact Analysis of Drivers and Restraints
6. Middle East and Africa Meat Extract Market -Market Analysis
6.1 Middle East and Africa Meat Extract Market -Revenue and Forecast to 2028 (US$ Million)
7. Middle East and Africa Meat Extract Market Analysis - By Type
7.1 Overview
7.2 Middle East and Africa Meat Extract Market, By Type (2020 and 2028)
7.3 Beef
7.3.1 Overview
7.3.2 Beef: Middle East and Africa Meat Extract Market - Revenue and Forecast to 2028 (US$ Million)
7.4 Pork
7.4.1 Overview
7.4.2 Pork: Middle East and Africa Meat Extract Market - Revenue and Forecast to 2028 (US$ Million)
7.5 Chicken
7.5.1 Overview
7.5.2 Chicken: Middle East and Africa Meat Extract Market - Revenue and Forecast to 2028 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others: Middle East and Africa Meat Extract Market - Revenue and Forecast to 2028 (US$ Million)
8. Middle East and Africa Meat Extract Market Analysis - By Form
8.1 Overview
8.2 Middle East and Africa Meat Extract Market, By Form (2020 and 2028)
8.3 Powder
8.3.1 Overview
8.3.2 Powder: Middle East and Africa Meat Extract Market - Revenue and Forecast to 2028 (US$ Million)
8.4 Liquid
8.4.1 Overview
8.4.2 Liquid: Middle East and Africa Meat Extract Market - Revenue and Forecast to 2028 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others: Middle East and Africa Meat Extract Market - Revenue and Forecast to 2028 (US$ Million)
9. Middle East and Africa Meat Extract Market Analysis - By Application
9.1 Overview
9.2 Middle East and Africa Meat Extract Market, By Application (2020 and 2028)
9.3 RTE & RTC Meals
9.3.1 Overview
9.3.2 RTE & RTC Meals: Middle East and Africa Meat Extract Market- Revenue and Forecast to 2028 (US$ Million)
9.4 Sweet & Savory Snacks
9.4.1 Overview
9.4.2 Sweet & Savory Snacks: Middle East and Africa Meat Extract Market- Revenue and Forecast to 2028 (US$ Million)
9.5 Soups & Sauces
9.5.1 Overview
9.5.2 Soups & Sauces: Middle East and Africa Meat Extract Market- Revenue and Forecast to 2028 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others: Middle East and Africa Meat Extract Market- Revenue and Forecast to 2028 (US$ Million)
10. Middle East and Africa Meat Extract Market - Country Analysis
10.1 Middle East and Africa: Middle East and Africa Meat Extract Market
10.1.1 Middle East and Africa: Middle East and Africa Meat Extract Market -Revenue and Forecast to 2028 (US$ Million)
10.1.2 Middle East and Africa: Middle East and Africa Meat Extract Market, by Key Country
10.1.2.1 South Africa: Middle East and Africa Meat Extract Market -Revenue and Forecast to 2028 (US$ Million)
10.1.2.1.1 South Africa: Middle East and Africa Meat Extract Market, by Type
10.1.2.1.2 South Africa: Middle East and Africa Meat Extract Market, by Form
10.1.2.1.3 South Africa: Middle East and Africa Meat Extract Market, by Application
10.1.2.2 Saudi Arabia: Middle East and Africa Meat Extract Market -Revenue and Forecast to 2028 (US$ Million)
10.1.2.2.1 Saudi Arabia: Middle East and Africa Meat Extract Market, by Type
10.1.2.2.2 Saudi Arabia: Middle East and Africa Meat Extract Market, by Form
10.1.2.2.3 Saudi Arabia: Middle East and Africa Meat Extract Market, by Application
10.1.2.3 UAE: Middle East and Africa Meat Extract Market -Revenue and Forecast to 2028 (US$ Million)
10.1.2.3.1 UAE: Middle East and Africa Meat Extract Market, by Type
10.1.2.3.2 UAE: Middle East and Africa Meat Extract Market, by Form
10.1.2.3.3 UAE: Middle East and Africa Meat Extract Market, by Application
10.1.2.4 Rest of MEA: Middle East and Africa Meat Extract Market -Revenue and Forecast to 2028 (US$ Million)
10.1.2.4.1 Rest of MEA: Middle East and Africa Meat Extract Market, by Type
10.1.2.4.2 Rest of MEA: Middle East and Africa Meat Extract Market, by Form
10.1.2.4.3 Rest of MEA: Middle East and Africa Meat Extract Market, by Application
11. Company Profiles
11.1 Colin Ingredients
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Carnad Natural Taste
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Diana Group
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 PT Foodex Inti Ingredients
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Givaudan S.A.
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 JBS SA.
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Maverick Biosciences Pty Ltd
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Nippon Ham Group
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 Proliant Biologicals, LLC
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Word Index
LIST OF TABLES
Table 1. Middle East and Africa Meat Extract Market -Revenue and Forecast to 2028 (US$ Million)
Table 2. Middle East and Africa Meat Extract Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 3. Middle East and Africa Meat Extract Market, by Form - Revenue and Forecast to 2028 (US$ Million)
Table 4. Middle East and Africa Meat Extract Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 5. South Africa Middle East and Africa Meat Extract Market, by Type- Revenue and Forecast to 2028 (US$ Million)
Table 6. South Africa Middle East and Africa Meat Extract Market, by Form- Revenue and Forecast to 2028 (US$ Million)
Table 7. South Africa Middle East and Africa Meat Extract Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 8. Saudi Arabia Middle East and Africa Meat Extract Market, by Type- Revenue and Forecast to 2028 (US$ Million)
Table 9. Saudi Arabia Middle East and Africa Meat Extract Market, by Form- Revenue and Forecast to 2028 (US$ Million)
Table 10. Saudi Arabia Middle East and Africa Meat Extract Market, by Application- Revenue and Forecast to 2028 (US$ Million)
Table 11. UAE Middle East and Africa Meat Extract Market, by Type- Revenue and Forecast to 2028 (US$ Million)
Table 12. UAE Middle East and Africa Meat Extract Market, by Form - Revenue and Forecast to 2028 (US$ Million)
Table 13. UAE Middle East and Africa Meat Extract Market, by Application- Revenue and Forecast to 2028 (US$ Million)
Table 14. Rest of MEA Middle East and Africa Meat Extract Market, by Type- Revenue and Forecast to 2028 (US$ Million)
Table 15. Rest of MEA Middle East and Africa Meat Extract Market, by Form - Revenue and Forecast to 2028 (US$ Million)
Table 16. Rest of MEA Middle East and Africa Meat Extract Market, by Application- Revenue and Forecast to 2028 (US$ Million)
Table 17. List of Abbreviation
LIST OF FIGURES
Figure 1. Middle East and Africa Meat Extract Market Segmentation
Figure 2. Middle East and Africa Meat Extract Market Overview
Figure 3. Middle East and Africa Meat Extract Market: By Type
Figure 4. Middle East and Africa Meat Extract Market: By Region
Figure 5. Porter's Five Forces Analysis: Middle East and Africa Meat Extract Market
Figure 6. Expert Opinion
Figure 7. Value Chain: Meat Extract
Figure 8. Middle East and Africa Meat Extract Market Impact Analysis of Drivers and Restraints
Figure 9. Middle East and Africa: Middle East and Africa Meat Extract Market - Revenue and Forecast to 2028 (US$ Million)
Figure 10. Middle East and Africa: Middle East and Africa Meat Extract Market Revenue Share, by Type (2020 and 2028)
Figure 11. Beef: Middle East and Africa Meat Extract Market - Revenue and Forecast To 2028 (US$ Million)
Figure 12. Pork: Middle East and Africa Meat Extract Market - Revenue and Forecast To 2028 (US$ Million)
Figure 13. Chicken: Middle East and Africa Meat Extract Market - Revenue and Forecast To 2028 (US$ Million)
Figure 14. Others: Middle East and Africa Meat Extract Market - Revenue and Forecast To 2028 (US$ Million)
Figure 15. Middle East and Africa: Middle East and Africa Meat Extract Market Revenue Share, by Form (2020 and 2028)
Figure 16. Powder: Middle East and Africa Meat Extract Market - Revenue and Forecast To 2028 (US$ Million)
Figure 17. Liquid: Middle East and Africa Meat Extract Market - Revenue and Forecast To 2028 (US$ Million)
Figure 18. Others: Middle East and Africa Meat Extract Market - Revenue and Forecast To 2028 (US$ Million)
Figure 19. Middle East and Africa: Middle East and Africa Meat Extract Market Revenue Share, by Application (2020 and 2028)
Figure 20. RTE & RTC Meals: Middle East and Africa Meat Extract Market- Revenue and Forecast To 2028 (US$ Million)
Figure 21. Sweet & Savory Snacks: Middle East and Africa Meat Extract Market- Revenue and Forecast To 2028 (US$ Million)
Figure 22. Soups & Sauces: Middle East and Africa Meat Extract Market- Revenue and Forecast To 2028 (US$ Million)
Figure 23. Others: Middle East and Africa Meat Extract Market- Revenue and Forecast To 2028 (US$ Million)
Figure 24. Overview: Middle East and Africa Meat Extract Market (US$ Million)
Figure 25. Middle East and Africa: Middle East and Africa Meat Extract Market Revenue Share, by Key Country (2020 and 2028)
Figure 26. South Africa: Middle East and Africa Meat Extract Market -Revenue and Forecast to 2028 (US$ Million)
Figure 27. Saudi Arabia: Middle East and Africa Meat Extract Market -Revenue and Forecast to 2028 (US$ Million)
Figure 28. UAE: Middle East and Africa Meat Extract Market -Revenue and Forecast to 2028 (US$ Million)
Figure 29. Rest of MEA: Middle East and Africa Meat Extract Market -Revenue and Forecast to 2028 (US$ Million)
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