Cibi e Bevande
Increasing Preference Towards High Protein Diet That is Ready-to-go is Fueling Growth of Global Meat Extract Market; Valuation to Reach ~US$ 2.5 Bn by 2029 - Transparency Market Research
ALBANY, New York , Feb. 12, 2020 /PRNewswire/ -- A newest research report published by Transparency Market Research projects a healthy rate of growth of the global meat extract market. The report predicts that the global market ~8% over the course of the given forecast period of 2019 to 2029. In 2019, the revenue recorded in the global market was around US$1.2 bn . With this give rate of growth, the global market for meat extract is expected to reach a new valuation worth US$2.5 bn by the fall of 2029.
https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=49092
Even though the market is developing at a great pace, there are some factors that might impede the growth of the global market in coming years and stop it from reaching its full potential. Some of the important restraining factors for the market are given below:
https://www.transparencymarketresearch.com/report-toc/49092
The vendor landscape of the global meat extract market is fragmented. The market players are focusing on developing innovative products that will cater to the evolving needs of the modern day consumers. Some of the key names in the meat extract market are Innova Flavors (Griffith Foods Inc.), Nikken Foods Co. Ltd., Meioh Bussan Co. Ltd., Carnad A/S, and Colin Ingredients among others.
The beef protein powder market is anticipated to grow at a CAGR of ~6%, to reach a value of ~US$ 1.3 Bn by 2029. In the food and nutrition landscape, consumers are getting attracted to the beef protein powder market, as this powder doesn't require the tedious making of bone broth.
Revenue generated from the global meat snacks market has been estimated to be valued at ~US$ 7.1 Bn in 2019, which is projected to increase at a CAGR of ~7%, to reach US$ 14.5 Bn by 2029.
In the egg protein market, the bakery and confectionary sector accounted for the highest revenue in 2018, with a value of ~US$ 203 million . This is why, manufacturers are increasing offerings with the introduction of whey-egg-milk protein pancake mixes and bakery paleo egg white protein powders.
The growth of the cornmeal market is due to various factors such as variety of products available, cornmeal replacing white and wheat flour, nutritional benefits of cornmeal, and its increased incorporation in food products.
TMR projects 6.2% CAGR for global medical nutrition market revenue over 2018-2027, geriatric population to remain key consumer demographic.
Gain access to Market Ngage, an AI-powered, real-time business intelligence that goes beyond the archaic research solutions to solve the complex strategy challenges that organizations face today. With over 15,000+ global and country-wise reports across 50,000+ application areas, Market Ngage is your tool for research on-the-go. From tracking new investment avenues to keeping a track of your competitor's moves, Market Ngage provides you with all the essential information to up your strategic game. Power your business with Market Ngage's actionable insights and remove the guesswork in making colossal decisions.
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
https://mma.prnewswire.com/media/1085206/Transparency_Market_Research_Logo.jpg