The Meat Stabilizers Blends Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Meat Stabilizers Blends Global Market Report 2024, The meat stabilizers blends market size has grown strongly in recent years. It will grow from $2.23 billion in 2023 to $2.44 billion in 2024 at a compound annual growth rate (CAGR) of 9.3%. The growth in the historic period can be attributed to rise in importance of stabilizing agents, globalization of meat processing, increased focus on food safety and shelf life, rise in health consciousness, increased demand for meat products.
The meat stabilizers blends market size is expected to see strong growth in the next few years. It will grow to $3.42 billion in 2028 at a compound annual growth rate (CAGR) of 8.8%. The growth in the forecast period can be attributed to growing demand for natural food products, increasing demand for organic meat stabilizer blends, rising demand for meat stabilizer blends in the pharmaceutical industry, increasing demand for meat stabilizer blends in pet food products, growing demand for meat stabilizer blends in the cosmetics industry. Major trends in the forecast period include allergen-free and special dietary solutions, texture and appearance enhancement, tailored and custom blends products, sustainable and environmentally friendly solutions, collaboration and innovation.
Rising demand for processed meat products is expected to propel the meat stabilizer blends market going forward. Processed meat is defined as any meat that has been treated to improve its flavor or increase its shelf life using procedures such as salting, curing, fermenting, smoking, and the use of chemical preservatives such as stabilizers, emulsifiers, and others. People prefer processed meats because they are less expensive than fresh meat, easier to prepare, available in smaller portions, and are more flavourful. For instance, according to the study Patterns of Red and Processed Meat Consumption across North America published in the International Journal of Environmental Research and Public Health, a swiss based peer-reviewed journal in 2021, states that between 63 to 74 percent of people consume red or processed meat every single day. Processed meat contains meat stabilizer blends to maintain its physicochemical characteristics and increase its shelf life. Therefore, the rising demand for processed meat products is driving the growth of the meat stabilizer blends market.
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The meat stabilizers blends market covered in this report is segmented –
1) By Source: Plant, Seaweed, Animal, Microbial, Synthetic
2) By Function: Color Stabilizer, Flavor Enhancer, pH Stabilizer, Emulsifier, Moisture Retention, Thickening Agent
3) By Application: Meat Processing, Food Premixes, Food Service, Pet Food, Other Applications
Manufacturers’ focus on the R&D of organic products is expected to be a key trend in meat stabilizer blends markets. Major players are developing organic compounds to meet the consumer’s requirements and their changing dietary preferences. For instance, Dupont, a US-based chemical company focusing on food ingredients, has launched Gellan VEG 200, a completely natural stabilizer created by bacteria during the fermentation of renewable, bio-based raw materials. It delivers excellent particle suspension and stability while imparting little on taste. This stabilizer can provide high performance and can stabilize the product throughout its shelf life.
The meat stabilizers blends market report table of contents includes:
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