Global Meat Extract Market Size & Outlook, 2023-2030

The meat extract industry worldwide is expected to reach a projected revenue of US$ 24,104.5 million by 2030. A compound annual growth rate of 5.3% is expected of the worldwide meat extract industry from 2024 to 2030.
Revenue, 2023 (US$M)
$16,772.8
Forecast, 2030 (US$M)
$24,104.5
CAGR, 2024 - 2030
5.3%
Report Coverage
Worldwide

Global meat extract market highlights

  • The global meat extract market generated a revenue of USD 16,772.8 million in 2023 and is expected to reach USD 24,104.5 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 5.3% by 2030.
  • In terms of segment, beef accounted for a revenue of USD 5,395.8 million in 2023.
  • Chicken is the most lucrative type segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2023.
  • Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 16,772.8 million
Market revenue in 2030USD 24,104.5 million
Growth rate5.3% (CAGR from 2023 to 2030)
Largest segmentBeef
Fastest growing segmentChicken
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationChicken, Pork, Beef, Fish, Turkey

Other key industry trends

  • In terms of revenue, the North America accounted for 37.2% of the global meat extract market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, Mexico is the fastest growing regional market and is projected to reach USD 864.4 million by 2030.

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Meat Extract Market Companies

Name Profile # Employees HQ Website

Global meat extract market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to meat extract market will help companies and investors design strategic landscapes.


Beef was the largest segment with a revenue share of 32.17% in 2023. Horizon Databook has segmented the Global meat extract market based on chicken, pork, beef, fish, turkey covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Meat Extract Type Outlook (Revenue, USD Million, 2018-2030)
    • Chicken
    • Pork
    • Beef
    • Fish
    • Turkey
    • Others
  • Global Meat Extract Form Outlook (Revenue, USD Million, 2018-2030)
    • Powder
    • Liquid
    • Granule
    • Paste
  • Global Meat Extract Application Outlook (Revenue, USD Million, 2018-2030)
    • Industrial
    • Commercial

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Target buyers of Global meat extract market databook

  • Our clientele includes a mix of meat extract market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of global-level data and insights on the Global meat extract market , including forecasts for subscribers. This global databook contains high-level insights into Global meat extract market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global meat extract market size, by regions, 2018-2030 (US$M)

Top 10 countries: Meat extract market size, 2023 (US$M)

Global meat extract market share, by type, 2023 & 2030 (%, US$M)

Meat extract market: Opportunity assessment by country

Global meat extract market, by region, 2023 (US$M)

Global meat extract market size, by regions, 2018-2030 (US$M)

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