Global Meat Extract Market Size & Outlook, 2023-2030
Global meat extract market, 2018-2030 (US$M)
Related Markets
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 2023 | USD 16,772.8 million |
| Market revenue in 2030 | USD 24,104.5 million |
| Growth rate | 5.3% (CAGR from 2023 to 2030) |
| Largest segment | Beef |
| Fastest growing segment | Chicken |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Chicken, 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 Scope
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
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Our clientele includes a mix of meat extract market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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.
Partial client list
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)
| Type | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 4,918.4 | 5,147.0 | 5,406.1 | 5,672.1 | 5,944.9 | 6,236.0 | 6,547.0 | 6,879.4 | 7,234.8 | 7,615.1 | 8,022.3 | 8,434.2 | 8,874.9 | 5.2% |
| Europe | 3,877.1 | 4,051.5 | 4,249.4 | 4,451.9 | 4,658.9 | 4,879.6 | 5,114.9 | 5,365.9 | 5,633.9 | 5,920.1 | 6,226.1 | 6,534.4 | 6,863.8 | 5.0% |
| Asia Pacific | 2,767.3 | 2,917.8 | 3,087.6 | 3,263.7 | 3,445.9 | 3,641.2 | 3,850.6 | 4,075.4 | 4,316.8 | 4,576.2 | 4,855.2 | 5,140.5 | 5,447.1 | 5.9% |
| Latin America | 1,066.4 | 1,123.5 | 1,187.9 | 1,254.6 | 1,323.4 | 1,397.2 | 1,476.1 | 1,560.8 | 1,651.6 | 1,749.1 | 1,853.8 | 1,960.6 | 2,075.3 | 5.8% |
| MEA | 503.3 | 523.5 | 546.5 | 569.9 | 593.6 | 618.9 | 645.8 | 674.4 | 704.9 | 737.3 | 772.0 | 806.6 | 843.4 | 4.5% |
| Overall | 13,132.5 | 13,763.2 | 14,477.5 | 15,212.2 | 15,966.7 | 16,772.8 | 17,634.4 | 18,555.8 | 19,541.9 | 20,597.8 | 21,729.2 | 22,876.3 | 24,104.5 | 5.3% |
Related regional statistics
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