The Global Meat Stabilizers Blends Market research report interprets definition, an investigation of significant progress in the industry. It provides overall industry survey, product description, wide array of applications, top players, and development forecast. It enhances understanding about that market along with new business trends.
The Meat Stabilizers Blends Market report discusses the primary industry growth drivers and challenges that the vendors and the market as a whole face and provides an overview of the key trends emerging in the market. It also talks about the market size of different segments and their growth aspects along with key leading countries in Americas, Asia-Pacific, Europe, the Middle East, and Africa regions.
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The global meat stabilizers blends market size is projected to reach USD 3.25 billion by 2025, with a CAGR of 7.2% over the forecast duration. The increasing demand for processed and ready to eat food has driven the market. Moreover, the swing in preference for dining out among millennials is surging the food service sector growth which, in turn positively affecting the market growth.
The plant segment is expected to grow at a CAGR of 8.5% for the period of 2019 to 2025. Consumers’ inclination towards plant-based additives is predicted to be a favourable factor for the market. Moreover, producers are focusing on R&D of plant-based products to supplement the ongoing demand.
Among different applications, the meat processing sector held the largest share in revenue due to growth of the industry. Developed countries like, U.K., U.S., Netherlands, France, and Germany have observed a huge demand for processed pork and beef. Moreover, encouraging policies of the government focused to promote investments for the industry of India and China is expected to make way for new ventures in the future.
Europe and North America together held over 50% global share in 2018 while Asia Pacific registered a CAGR of 10% over the forecast period. This expansion is credited to rising production of broiler meat in emerging countries such as India and China. Moreover, growing market penetration of frozen meat in countries such as Japan, South Korea, and Australia, and its increasing demand among the working population will influence the meat stabilizer blends market.
Some of the companies for Meat Stabilizers Blends market are:
DowDu Pont Inc.; Cargill, Incorporated; Kerry Group plc;The Meat Cracks Technologie GmbH;The Archer Daniels Midland Company; Hydrosol GmbH & Co. KG; Ingredion Incorporated; Tate & Lyle PLC; and Palsgaard A/S.
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