Huge Demand for Meat Extract
Meat extract is produced from meat with low-fat content and it is a common flavoring additive for sauces, stews, soups, canned meat items, pot pies, and gravies. Meat extract is used in several products as a desirable additive owing to its flavor. The quantity of meat extract used for flavoring depends on the type of food to which it is added. The desired flavor and aroma of meat extract improves the flavor of some products even at lower concentrations.
The meat extract market has witnessed significant growth owing to the factors such as an increase in consumption of ready-to-eat food products and meals, a rise in consumption of protein products, and a broad range of applications in the food manufacturing industry. However, stringent government regulations associated with the production process and certifications may hamper the market growth. Large scale distribution channel is expected to provide substantial growth opportunities in the near future.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global meat extract market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The meat extract market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
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