The Non-Meat Ingredients Market size is estimated to reach $45.83 billion by 2027. Furthermore, it is poised to grow at a CAGR of 3.84% over the forecast period of 2022-2027. Non-meat ingredients are used in the meat processing industry for numerous reasons such as enhancing appearance, improving meat quality, meat binding and as additives. They are typically extracted from plant and animal sources. However, non-meat ingredients can also be synthetically manufactured. For instance, sodium caseinate is used in meat processing owing to its ability to bind fat and water, thereby reducing shrinkage. Moreover, hydrolase gelatin is used as a gelling agent while enzyme transglutaminase helps to improve texture and appearance of processed meat products. The numerous health benefits associated with regulated meat consumption such as increase in intake of proteins and polyunsaturated fatty acids is anticipated to drive the market during the forecast period 2022-2027.
Non-Meat Ingredients Market Segmentation Analysis – By Ingredient
The Non-Meat market based on ingredients can be further segmented into Binders, Extenders, Fillers, Flavouring Agents, Colouring Agents, Preservatives, Salt, and Texturing Agents. The Extender segment accounted for the largest share of the market in 2021 and is projected to dominate the market during the forecast period 2022-2027. Extenders are non-meat ingredients that contain high levels of protein. In addition, they are also extremely rich in fibre, which helps in making meat products more digestion-friendly. Moreover, they also help enhance the texture of the meat. Additionally, the global meat production was estimated to touch 107 billion pounds in 2021, up from 103.57 billion pounds in 2020. The following allowed for the ready use of extender, as an ingredient.
However, the Preservatives segment is estimated to be the fastest-growing, with a CAGR of 4.6% over the forecast period of 2022-2027. Preservatives are crucial to ensure that the meat products do not undergo tissue decomposition or microbial spoilage within a short period of time, thereby increasing the product’s shelf life. Moreover, the growing use of plant-based preservatives is also contributing to the segment’s growth as it is a safer and healthier alternative to synthetic preservatives.
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Non-Meat Ingredients Market Segmentation Analysis – By Meat Type
The Non-Meat Ingredients market based on meat type can be further segmented into beef, pork, poultry, mutton and other meat types. The Beef segment held a dominant market share in the year 2021. This can be attributed to the rapid increase in per capita consumption of beef in developing countries owing to the growing disposable income levels. Moreover, the increasing popularity of fast-food restaurants in emerging economies is also contributing to the consumption of processed beef as they are a major component of fast-food items such as burgers and sausages.
However, poultry segment is estimated to witness the fastest growth at a CAGR of 4.8% owing to the lower cost of poultry meat and lower health risks associated with consumption of white meat when compared to red meat products such as beef, mutton and pork. As per USDA, the consumption of poultry would grow by 16.3% from 2021-2030, making it one of the popular segments under the market.
Non-Meat Ingredients Market Segmentation Analysis – By Geography
The Non-Meat Ingredients market based on Geography can be further segmented into North America, Europe, Asia-Pacific, South America, and the Rest of the World. The North American segment held a dominant market share of 35% in the year 2021 as compared to the other counterparts and is predicted to continue dominating the market during the forecast period 2022-2027. This is attributed to the high per capita consumption of meat products in the region coupled with the high availability and low cost of fast-food products. For instance, the per capita meat consumption in the US reached 264 pounds per person in 2020.
Non-Meat Ingredients Market Drivers
Rising demand for processed meat products have readily aided the market growth
Increase in demand for processed meat products is anticipated to drive the market for Non-Meat Ingredients during the forecast period. For instance, the prevalence of processed meat consumers in the US was estimated to be around 47% in 2020, while it was 36% in Canada. Processed meat products containing natural non meat ingredients are an excellent source of nutrients such as iron, B-vitamins, thiamin and zinc. Besides, processed meat products have significantly higher shelf life than other forms of meat owing to the addition of natural or synthetic preservatives to the product. This makes processed meat more convenient to be sold in restaurants, fast food chains and supermarkets.
The rising prevalence of fast-food chains is projected to drive the market
Rapid rise in the number of fast-food chains globally is driving the demand for non-meat ingredients as fast-food chains consume processed and unprocessed meat in large volumes. For instance, the quick service restaurant segment of India is predicted to grow by approximately 23% every year between 2021 and 2025 owing to the increasing number of major fast-food chains in tier 2 and tier 3 cities of the country. This is resulting in a massive growth in the consumption of meat products, with poultry being taking the majority share. Furthermore, the US is home to nearly 200,000 fast food restaurants. The ease of access to fast food chains coupled with the rising adoption of online food delivery services if further contributing to the growth of the market.
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Non-Meat Ingredients Market Challenges
Rising vegan and vegetarian population is major factor impeding the market growth
The growing number of vegetarians and vegans is projected to challenge demand generation during the forecast period. For instance, nearly 39% of the Indian population are vegetarian in 2020. Moreover, the consumption and sale of beef is highly regulated in several parts of the country, thereby further decreasing the market for non-meat ingredients. Furthermore, the rising popularity of veganism in Europe and North America is also significantly hampering market growth. For instance, the number of vegans in Europe almost doubled from 1.3 million in 2016 to 2.5 million in 2020, representing around 3.2% of the overall population.
Non-Meat Ingredients Industry Outlook
Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the market. Non-Meat Ingredients top 10 companies include:
Kerry Group Plc
Associated British Foods Plc
Redbrook Ingredient Services Limited
General MillsWenda Ingredients
Advanced Food Systems
In June 2020, Essentia Protein Solutions announced the launch of a new functional hybrid into its range of ingredients. The new product consists of functional pork and pea protein. The company aims to use this product to target consumers who want to follow a partially plant-based diet, while keeping the texture and nutritional value of meat.In July 2020, Du Pont announced the launch of their plant-based portfolio to widen the company’s product portfolio. New protein isolates from these lines will be available under the Danisco Planit portfolio, along with Response Textured Soy Protein Concentrates and Alpha Functional soy protein concentrates. Soy proteins are the most widely used non-meat protein in meat formulations around the world.
Geographically, the North American region accounted for the largest Non-Meat Ingredients market share in the year 2021 owing to the high levels of per capita processed meat consumption. However, Asia Pacific region is anticipated to register the fastest growth during the forecast period owing to the rapid urbanization rate in major emerging economies such as China, Vietnam and India.
Growth in demand for processed meat products in developed and major developing countries is anticipated to drive the marked for Non-Meat Ingredients during the forecast period. However, major health risks associated with consumption of processed meat products and increasing popularity of vegan culture is predicted to hamper market growth.
A detailed analysis of strengths, weaknesses, opportunities, and threats will be provided in the Non-Meat Ingredients Market Report.
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