Middle East and Africa Meat Ingredients Market Overview:
Middle East and Africa Meat Ingredients Market was worth USD 3.9 billion in 2021 and estimated to be growing at a CAGR of 3.54%, to reach USD 4.64 billion by 2026.
Meat Ingredients are used to prepare a wide variety of processed food products.Meat ingredients or multi-functional meat processing ingredients change the characteristics and properties of the meat to provide new characteristics or enhance some other properties like shelf life, taste, texture or colour. Final product properties are mostly altered by the use of these ingredients, hence making them a crucial part in the processing as they enhance the final product.
Factors contributing to the growth of market include increasing consumption of processed food and meat products, increasing focus of key manufacturers to provide superior quality of multi-functional meat ingredients using advanced technologies. However, consumer skepticism and stringent regulations are the factors hindering the growth of market.
Middle East and Africa Meat Ingredients Market Segmentation:
The Middle East and Africa market for Meat Ingredients is segmented based on Type, Product and Ingredient. Based on Type it is divided into Beef, Mutton, Pork and Poultry. Based on Product it is divided into Fresh Processed, Raw and Pre Cooked, Sausages, Cured, Dried. Based on Ingredient it is divided into Binders, Extenders, Fillers, Colouring and Flavouring Agents, Salts and Preservatives. Based on geographical analysis, the market is divided into regions of Middle East and Africa.
Middle East holds the major share in the market due to presence of market leaders as well as a large population of Meat Ingredients consuming individuals. Middle East is also the fastest growing region due to increasing demand and product innovation and increasing disposable income. Based on Type Mutton and Beef are holding the major share in the market due to large number of bacon, steak and mutton consuming individuals and Poultry is expected to grow the fastest. Based on Products Fresh Processed and Sausages are holding the major share in the market while Pre Cooked segment is expected to grow the fastest.
Middle East and Africa Meat Ingredients Market Key Players
Some of the key players dominating this market include E. I. Du Pont De Nemours and Company, Kerry Group PLC, Associated British Foods PLC, Wiberg GmbH, Proliant Non-Meat Ingredients, Campus SRL, Wenda Ingredients, Advanced Food Systems, Inc,., Aliseia SRL and Redbrook Ingredient Services Limited.
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