Meat Extract Market Value to reach US$ 2.5 Bn by 2029

1. Meat Extract Market Report Id : TMRGL49092 Category : Food Published Date: 2019-08-16

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3. Research Methodology (1/2) Systematic Research Approach Research & Intelligence Data Collection Actionable Insights Data Filter & Analysis Business Solution Market profiling 1 2 Formulating discussion guide • Identifying key opinion leaders • Questionnaire design • In-depth interviews • Coverage across value chain 3 A Developing list of respondents Primary Research • Key industry experts • Channel study • Developments • Market dynamics • Products • Conclusions 4 Data collection SOLUTION B • Market participants • Key strengths • Product portfolio • Mapping as per value chain • Key focus segments 5 Desk Research Data validation 6 C • Paid Publications# • Secondary Research # Data analysis Primary Research # Company Analysis • Linkedin • Zoominfo • Salesforce • Avention • Company websites • Company annual reports • White papers • Financial reports • Factiva • GBI • Genios • Meltwater 7 Insights # includes sources of databases

4. Meat Extract Market Analysis The latest market estimate report published by Transparency Market Research on the global meat extract market includes a global industry analysis and opportunity assessment of the global meat extract market for the period of 2019-2029. Revenue generated from the global meat extract market has been estimated to reach a valuation of ~ US$ 1.2 Bn in 2019, which is projected to increase at a CAGR of ~ 8% during the forecast period. The global meat extract market is projected to reach a value of ~ US$ 2.5 Bn by 2029. Request A Sample of Meat Extract Market - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=49092 Meat Extract Market: Growing Demand for High Protein Snacks Meat snack products fit neatly into two growing consumer trends - salty, snackable meals, and protein-packed snack products. Meat-based snacks are as popular as cheese and popcorn, especially in the Americas and Europe. With the growing population of health-conscious consumers across the globe, the demand for protein-rich food products is showing an upward trend. Meat extract is usually used in snack products to give them taste and texture similar to meat. The usage of meat extract also increases the nutritional value of the end product.

5. Meat Extract Market Analysis Meat Extract Market: Higher Nutritional Content and Associated Benefits Meat extract contains many vitamins and minerals, apart from high protein content. Health-conscious consumers prefer meat extract-based products due to the presence of vitamin B12, zinc, selenium, iron, and other vitamins & minerals. Animal-derived foods are the only good dietary sources of vitamin B12, an essential nutrient that is important for blood formation and the well-being of the nervous system. Meat Extract Market: Rising Demand for Additive-Free, Chemical-Free, & Non-GMO Meat Products Awareness among the millennial population towards the negative impacts of food additives, chemicals, antibiotics, etc., on the health, is increasing. Millennials are expected to demand meat extract-based products on a large scale, as they make more purchases of natural and organic products as compared to other segments. For instance, according to U.S. Census Bureau, in 2015, the population of millennials exceeded that of baby boomers, as such, making them an important demographic segment for key players.

6. Meat Extract Market Analysis Meat Extract Market: Beef Ban in Parts of India Expected to Hinder Market Growth India, which is one the fastest growing economies, has banned beef in many of its states, owing to religious sentiments towards cattle. This has resulted in a sharp decline in the consumption of beef and beef-derived products, and is thus expected to restrain the growth of meat extract market over the forecast period in the region. For instance, in 2017, the Government of India announced strict rules to prohibit the sale of animals such as cows, bulls, buffaloes, calves, etc., for slaughter and religious sacrifice.