Meat Extract Market Size To Reach $4,476.5 Million By 2033

Meat Extract Market Growth & Trends

The global meat extract market size is expected to reach USD 4,476.5 million by 2033, registering a CAGR of 4.6% from 2025 to 2033, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.3% from 2023 to 2030. The global meat extracts market is being primarily driven by several factors that contribute to its growth and increasing demand. One of the key drivers is the rising preference for natural and organic food products among consumers. Meat extracts, derived from various sources such as beef, chicken, and pork, are perceived as natural ingredients and are sought after by individuals who prioritize clean labels and natural flavors in their food choices.

Additionally, the growing awareness regarding the nutritional benefits of meat extracts is fueling market expansion. These extracts are rich in essential amino acids, proteins, vitamins, and minerals, making them a valuable source of nutrition. With an increasing emphasis on health and wellness, consumers are incorporating meat extracts into their diets as a means of supplementing their nutritional intake.

Another significant driver is the expanding food and beverage industry, which extensively utilizes meat extracts in various applications. The food industry employs meat extracts in the formulation of soups, sauces, seasonings, ready-to-eat meals, and processed meats, among others. Similarly, the beverage industry utilizes meat extracts for flavoring purposes in products like broths, stocks, and savory beverages. The versatility of meat extracts in enhancing taste profiles and providing a rich umami flavor is propelling their demand across these sectors.

Moreover, the rapid urbanization and changing lifestyles of consumers worldwide are leading to an increased reliance on convenience foods. Meat extracts serve as a convenient solution for manufacturers, enabling them to incorporate authentic meat flavors into their products without the need for extensive cooking or long preparation times. This convenience factor, combined with the rising demand for ready-to-eat and processed foods, is positively influencing the market growth of meat extracts.

In June 2021, Kerry Group, a leading company in the food industry, has made an agreement to acquire Niacet from private investment firm SK Capital. Niacet is known for its expertise in developing clean-label, low-sodium preservatives. The deal, valued at approximately $1 billion, is significant as it will strengthen Kerry's presence in the fast-growing market for food protection and preservation. This strategic move allows Kerry Group to expand its capabilities and tap into the increasing demand for advanced solutions in the industry.

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Meat Extract Market Report Highlights

• By type, the beef extract segment led the market and accounted for a share of 32.4% in 2024. The pork extract segment is anticipated to observe a significant growth rate over the forecast period.

• By form, the powder segment accounted for the largest share of 46.3% of the revenue in 2024. The meat extract pastes market is projected to grow significantly at the fastest CAGR of 4.8% from 2025 to 2033.

• By application, the ready meals accounted for the largest share of 33.7%of the revenue in 2024. The soup and broths segment is projected to grow at the fastest CAGR of 5.1% from 2025 to 2033.

• The North America meat extract market accounted for a revenue share of 39.5% in 2024, primarily due to the rising consumption of animal-rich protein sources. The meat extract market in the U.S. held the largest market share of 66.9% in 2024.

• The Asia Pacific meat extract market is growing at the fastest CAGR of 5.3% from the forecast period 2025 to 2033, owing to the rising consumption of processed and conventional chicken products in emerging countries, such as Japan, China, and India.

Meat Extract Market Segmentation

Grand View Research has segmented global meat extract market on the basis of type, form, application, and region:

Meat Extract Type Market Outlook (Revenue, USD Million, Volume, Kilotons, 2021 - 2033)

• Chicken

• Pork

• Beef

• Fish

• Turkey

• Others

Meat Extract Form Market Outlook (Revenue, USD Million, Volume, Kilotons, 2021 - 2033)

• Powder

• Liquid

• Granule

• Paste

Meat Extract Application Market Outlook (Revenue, USD Million, Volume, Kilotons, 2021 - 2033)

• Ready Meals

• Snacks

• Soups & broths

• Seasonings

• Others

Meat Extract Regional Market Outlook (Revenue, USD Million, Volume, Kilotons, 2021 - 2033)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • UK

  • Spain

  • Italy

  • France

• Asia Pacific

  • China

  • India

  • Japan

  • Australia & New Zealand

• Latin America

  • Brazil

  • Argentina

• Middle East & Africa

  • South Africa

  • UAE

List of Key Players of Meat Extract Market

• Givaudan

• Nikken Foods. Co. ltd.

• Essentia Protein Solutions

• IDF

• HACO Holding AG

• Brenntag S.p.A.

• PT Foodex Inti Ingredients

• Titan Biotech Ltd.

• Carnad A/S

• Multitech Foods Manufacturing Co., Ltd.

• PT Jinyoung

• ARIAKE JAPAN Co., Ltd.

• Maverick Biosciences

• Vina Aroma Co., Ltd

• Meioh Bussan Co., Ltd