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Beef Extract Market Share

  • Report ID: GMI7785
  • Published Date: Jan 2024
  • Report Format: PDF

Beef Extract Market Share

In the dynamic landscape of the Asia Pacific beef extract industry, several major companies stand out, wielding significant influence and holding substantial market share. Colin Ingrédients, a global player recognized for its diverse range of natural food ingredients, has established a notable presence in the Asia Pacific region. Carnad Natural Taste, specializing in natural flavorings, and Diana Group, a global leader in food ingredients, further contribute to the regional market's vibrancy. These companies play a pivotal role in shaping the industry, providing high-quality beef extracts that cater to the unique culinary preferences and demands of the Asia Pacific market.
 

PT Foodex Inti Ingredients, a major supplier of food ingredients in Southeast Asia, is a key player contributing to the robustness of the regional beef extract market. With a focus on quality control and competitive pricing, PT Foodex Inti Ingredients has carved a niche for itself in the dynamic Asia Pacific landscape. Additionally, the globally renowned Givaudan, with its Swiss roots, has extended its influence into the region, offering intense and versatile beef extracts. While these players operate on a global scale, their strategic initiatives and product offerings contribute significantly to the evolving dynamics of the market in the Asia Pacific region.
 

As major companies, Colin Ingrédients, Carnad Natural Taste, Diana Group, PT Foodex Inti Ingredients, and Givaudan collectively shape the narrative of the beef extract industry in the Asia Pacific region. Their presence underscores the importance of catering to diverse tastes and preferences within this dynamic market, where culinary traditions and consumer demands vary widely across countries in the Asia Pacific region.
 

Beef Extract Market Companies

Major companies operating in the beef extract industry include:

  • Colin Ingrédients
  • Carnad Natural Taste
  • Diana Group
  • PT Foodex Inti Ingredients
  • Givaudan
  • JBS S.A.
  • Maverick Biosciences Pty Ltd
  • Nippon Ham Group
  • Titan Biotech Limited
  • Proliant Biologicals, LLC
  • Kanegrade Ltd
  • A. Costantino & C. S.P.A
  • Abbexa Ltd
  • Alpha Biosciences, Inc.
  • BD Biosciences
Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of beef extract reached USD 16.81 billion in 2023 and is set to be worth USD 27.02 billion by 2032, propelled by the increasing consumer demand for natural and savory flavors in food products, the rise in ready-to-eat meals, and the expanding food & beverage sector.

Powdered beef extract segment accounted for USD 9.69 billion in revenue in 2023, owing to its increasing use in dry mixes and soups to ensure extended shelf life and easy storage.

U.S. market generated USD 4.35 billion in 2023, attributed to the well-established F&B industry and the strong demand from both household consumption and foodservice establishments.

Some of the leading beef extract firms are Carnad Natural Taste, Colin Ingrédients, Diana Group, PT Foodex Inti Ingredients, JBS S.A., Maverick Biosciences Pty Ltd, Nippon Ham Group, Proliant Biologicals, LLC, Kanegrade Ltd, A. Costantino & C. S.P.A, Alpha Biosciences, Inc., and BD Biosciences.

Beef Extract Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 203
  • Countries covered: 22
  • Pages: 180
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