Meat extracts are made from chicken, beef, pork, among other meats. They are cooked in water till the soluble proteins from meat structure are released and then concentrated to nearly 70-80% total solid concentration. Meat extracts are also available in powdered form. Meat extracts enhance the flavor of products including meat snacks, ready meals, soups, and sauces. The rising consumption of meat products and savory snacks is expected to drive the growth of meat extract market. Moreover, growing applications of meat extracts for preparing culture media is also anticipated to drive meat extract market.
Over the past few years, the demand for protein has increased significantly, with many consumers focusing on health and wellness. Consumers cannot achieve their daily dietary requirements owing to a hectic lifestyle and prolonged work schedules. Therefore, they choose functional products containing high proteins, vitamins, minerals, and good carbs. Nowadays, consumers seek functional benefits from all the food products they consume. Consumers’ snacking habits have also evolved significantly, with many consumers choosing healthy and junk-free products. The demand for high-protein snacks that can be consumed on the go is increasing rapidly. High-protein meat snacks are gaining huge traction among consumers as they help meet daily nutritional requirements. Meat extracts are employed as flavor enhancers and fortification ingredients in several meat snacks such as jerky, sausages, nuggets, and bites. Further, they are used in ready meals, soup blends, and instant snacks. Moreover, meat extracts minimize the requirement of salt in processed food. The addition of meat extract increases the protein content of the products, making them nutritious and tasty. For instance, Symrise beef bone broth and extracts have 90% protein, whereas the beef meat powder has ~70% protein expressed in dry matter which can be added to a wide range of meat products including soups, meals, sauces & dressings, seasonings, and snacks to increase the protein content and add characteristic flavor. Consumers are rapidly shifting toward high-protein snacks as they have become more health-conscious, especially after the COVID-19 outbreak. This factor is likely to fuel the global meat extracts market over the coming years.
A few players operating in the meat extract market are Colin Ingredients; Carnad Natural Taste; Diana Group; PT Foodex Inti Ingredients; Givaudan S.A.; JBS SA.; Maverick Biosciences Pty Ltd; Nippon Ham Group; Titan Biotech Limited; and Proliant Biologicals, LLC; among few others.