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Meat Extracts Market Size

  • Report ID: GMI6922
  • Published Date: Oct 2023
  • Report Format: PDF

Meat Extracts Market Size

Meat Extracts Market size was valued at USD 1.89 billion in 2023 and is estimated to observe around 4.3% CAGR from 2024 to 2032, driven by various factors that cater to the changing consumer preferences and dietary habits.


Meat extracts, which are concentrated liquids or pastes derived from the essence of cooked meat, have found their way into a wide range of culinary applications, from enhancing the flavor of soups and sauces to being used as a nutrient-rich ingredient in processed foods. The market is witnessing innovation in terms of product diversification, with manufacturers exploring various meat sources such as beef, chicken, and pork to cater to different taste preferences. Furthermore, the rising interest in plant-based and vegetarian diets has spurred the development of meat extract alternatives from plant sources.

Meat extracts are widely used in ready-to-cook meals as flavor enhancers and to improve the overall taste and texture of the food. The growing demand for ready-to-cook meals, especially among working professionals and millennials, is driving the growth of the meat extract market. Meat extracts are a good source of protein, which is essential for a healthy diet. The rising demand for protein-rich food among consumers is also driving the growth of the market. However, the meat industry can be susceptible to supply chain disruptions due to factors like disease outbreaks, environmental issues, and regulatory changes.

Authors: Kiran Pulidindi, Manish Mohanan

Frequently Asked Questions (FAQ) :

The market size of meat extracts reached USD 1.89 billion in 2023 and is poised to cross USD 2.78 billion by 2032, says this GMI report.

Powder form held a dominant market share of around 45% in 2022, as they are easily measured and incorporated into a wide range of recipes, making them a go-to choice for home cooks and food manufacturers alike.

North America market share was around USD 580.4 million in 2022, as the convenience food culture prevalent in North America has bolstered the use of meat extracts in ready meals and processed foods.

Carnad A/S, Givaudan, Diana Food SAS, Essentia Protein Solutions, BRF SA, International Dehydrated Foods Inc., Foodex Inti Ingredients, Ajinomoto Co. Inc, JBS S.A., Symrise AG, Nikken Foods, Haco Holding AG, Ariake Japan Co. Ltd, Maverick Biosciences, and Titan Biotech Ltd.

Meat Extracts Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 190
  • Countries covered: 21
  • Pages: 210
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