France Meat Extract Market Size & Outlook, 2023-2030
France meat extract market, 2018-2030 (US$M)
Related Markets
France meat extract market highlights
- The France meat extract market generated a revenue of USD 453.3 million in 2023 and is expected to reach USD 647.3 million by 2030.
- The France market is expected to grow at a CAGR of 5.2% from 2024 to 2030.
- In terms of segment, beef was the largest revenue generating type in 2023.
- Chicken is the most lucrative type segment registering the fastest growth during the forecast period.
Meat extract market data book summary
| Market revenue in 2023 | USD 453.3 million |
| Market revenue in 2030 | USD 647.3 million |
| Growth rate | 5.2% (CAGR from 2023 to 2030) |
| Largest segment | Beef |
| Fastest growing segment | Chicken |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Chicken, Pork, Beef, Fish, Turkey |
| Key market players worldwide | Givaudan SA, JBS SA ADR, Titan Biotech, Nikken Foods, Essentia Protein Solutions, Chimab, Foodex, Carnad, Diana Group, Maverick Biosciences |
Other key industry trends
- In terms of revenue, France accounted for 2.7% of the global meat extract market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany meat extract market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 558.7 million by 2030.
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Meat Extract Market Scope
Meat Extract Market Companies
| Name | Profile | # Employees | HQ | Website |
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France 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 33.73% in 2023. Horizon Databook has segmented the France meat extract market based on chicken, pork, beef, fish, turkey covering the revenue growth of each sub-segment from 2018 to 2030.
According to the Institute for Climate Economics, in February 2023, in France, the overall meat consumption witnessed a steady increase, surging from 3.8 to 5.8 million tons of carcass equivalent between 1970 and 2021, marking a 50% rise.
Despite this growth, individual meat consumption experienced a decline from 1990 to 2013, dropping by 11%. However, while total meat consumption continues to increase due to population growth, average per capita meat consumption has reached a stagnant point.
According to a Harris Interactive survey published in February 2021, 48% of respondents stated that they have reduced their meat intake over the past three years, with 30% expressing intentions to further decrease consumption in the upcoming years.
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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 country-level data and insights on the France meat extract market , including forecasts for subscribers. This country databook contains high-level insights into France meat extract market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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France meat extract market size, by type, 2018-2030 (US$M)
France Meat Extract Market Outlook Share, 2023 & 2030 (US$M)
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