The North America Non-Meat Ingredients Market would witness market growth of 4.2% CAGR during the forecast period (2022-2028).
The ever-increasing population and greater consumption of food goods have increased the demand for low-cost additives to enhance the flavor and color of food items and decrease the cost of food products. The increased consumption of meat products has led to a surge in the need for additional ingredients that improve texture, flavor, and color, hence boosting the sales of processed meat products.
The presence of urbanization and Individualism culture has boosted the demand for packaged food products. Meat is considered a rich source of essential nutrients, such as protein and calcium, and it is consumed all over the world. In order to meet this growing demand for Processed Meat products, the processed food products sector makes extensive use of Non-Meat Ingredients.
Non-meat ingredients are increasingly used in a variety of meals and food recipes. Enhanced pork is the method of adding non-meat substances to fresh pork in order to increase the eating quality of the final product, where eating quality refers to meat's juiciness, tenderness, and flavor. The addition of these components has a beneficial effect on the finished product's color and shelf life.
The rising demand for processed meat items is anticipated to fuel the regional market for non-meat ingredients. For instance, according to the National Library of Medicine, it was anticipated that in 2020, 47% of Americans would consume processed meat, compared to 36% in Canada. Natural non-meat elements found in processed meat products are a great source of vitamins and minerals such as iron, B vitamins, thiamin, and zinc.
The US market dominated the North America Non-Meat Ingredients Market by Country in 2021; thereby, achieving a market value of $10.3 billion by 2028. The Canada market is poised to grow at a CAGR of 6.6% during (2022 - 2028). Additionally, The Mexico market would showcase a CAGR of 5.6% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Non-Meat Ingredients Market is Estimated to reach $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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