The Asia Pacific Non-Meat Ingredients Market would witness market growth of 4.8% CAGR during the forecast period (2022-2028).
Meat products are created by exposing fresh meat to one or even more processing techniques, such as curing, dehydration, fermentation, comminution, and cooking. Meat products are particularly nutritious due to the high biological values of protein, zinc, vital amino acids, vitamins, and minerals they contain. It is well-known that meat has a greater amount of saturated fats, cholesterol, phosphate, salt, and synthetic and polyunsaturated fatty acids than other foods. Meat derives its basic structure, texture, flavor, color, and nutritional value from the relative proportions of these components.
Non-meat ingredients offer flavor notes and improve acceptability, aid in binding moisture through proteins and carbohydrates, improve freeze-thaw stability via modified starches, improve/modify texture, provide color, reduce formulation cost, add bulk, and improve slice ability. Non-meat ingredients are essential not just for nutrition but also for minimizing nutrition-related diseases and for an individual's mental and physical health.
Milk proteins are also utilized in meat products. As emulsifiers and water binders, sodium caseinate, nonfat dry milk, and whey protein concentrations are utilized. In various countries, sodium caseinates are utilized in the manufacturing of ham to assist retain moisture. However, the impact of non-meat ingredients is typically very higher than other substitutes. Due to this, the demand for non-meat ingredients is increasing at an exponential rate. Hence, the growth of the non-meat ingredients market is being stimulated and is also anticipated to increase rapidly in the coming years.
The non-meat ingredients market in the Asia Pacific region is anticipated to present lucrative growth prospects for market players operating in the regional market. Growing consumer disposable income as well as the adoption of western lifestyle and eating habits is important elements that would fuel growth. Players in the business may be able to launch premium items in this region.
The China market dominated the Asia Pacific Non-Meat Ingredients Market by Country in 2021; thereby, achieving a market value of $5.1 billion by 2028. The Japan market is anticipated to grow at a CAGR of 4.1% during (2022 - 2028). Additionally, The India market would exhibit a CAGR of 5.5% during (2022 - 2028).
Based on Ingredient, the market is segmented into Flavoring Agents, Binders, Fillers, Extenders, Coloring Agents, Preservatives, Salts and Texturing Agents. Based on Meat Type, the market is segmented into Pork, Beef, Poultry and Mutton & Others. Based on Product Type, the market is segmented into Fresh Processed Meat, Raw-Cooked Meat, Pre-Cooked Meat, Raw Fermented Sausages, Cured Meat and Dried Meat. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Non-Meat Ingredients Market is Projected to reach USD 48.6 Billion by 2028, at a CAGR of 4.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Dow, Inc., Kerry Group PLC, Associated British Foods PLC, Ingredion, Incorporated, Archer Daniels Midland Company (ADM Animal Nutrition, Inc.), BASF SE, Koninklijke DSM N.V., Foodchem International Corporation, International Flavors & Fragrances, Inc., Essentia Protein Solutions.
By Ingredient
By Meat Type
By Product Type
By Country
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