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How has the pork extract market evolved, and where is it heading next?
The pork extract market size has grown strongly in recent years. It will grow from $4.21 billion in 2024 to $4.49 billion in 2025 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to the increasing expansion of the food processing industry, the rise in demand for high-quality meat products, growing concerns over animal welfare, and the expanding use of pork extract in pharmaceuticals.
The pork extract market size is expected to see strong growth in the next few years. It will grow to $5.76 billion in 2029 at a compound annual growth rate (CAGR) of 6.4%. The growth in the forecast period can be attributed to increasing disposable income, increasing focus on sustainability, increasing demand for pork extract in households, increasing popularity of ready-to-eat and convenience foods, and high consumption of processed meats. Major trends in the forecast period include technological advancements and product innovations, demand for flavor enhancers, expansion into non-food applications, and preference for rich and savory flavors.
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What have been the primary factors driving the pork extract market’s growth?
The rise in the popularity of meat products is expected to propel the growth of the pork extract market going forward. Meat products encompass a variety of food items sourced from the flesh of animals, including beef, pork, poultry, and fish. The increasing demand for meat products is due to several factors, such as health and nutrition, convenience and accessibility, and demographic shifts. Pork extract offers a natural substitute for monosodium glutamate (MSG) in meat products, imparting a robust pork flavor without the perceived health risks associated with MSG. For instance, in March 2023, according to Farm Credit Canada (FCC), a Canada-based agriculture finance company, the meat product manufacturers increased by 2.5% in 2023. Additionally, in 2022, meat product manufacturing sales saw a year-over-year increase of over 9%, driven primarily by a 12% growth in domestic sales, led by expansion in the food service sector. Therefore, the rise in the popularity of meat products drives the pork extract market.
What are the key segments within the pork extract market?
The pork extract market covered in this report is segmented –
1) By Type: Powder, Soup, Oil, Concentrate, Liquid
2) By Distribution Channel: Offline, Online
3) By Application: Household, Catering Service Industry, Food Processing, Pharmaceutical Industry, Pet Food, Other Applications
Subsegments:
1) By Powder: Pork Extract Powder For Flavoring, Pork Protein Powder, Instant Pork Extract Powder, Pork Powder For Nutritional Supplements, Organic Pork Extract Powder
2) By Soup: Ready-To-Serve Pork Soup Extract, Pork Bone Broth Extract, Pork Soup Base Extract, Instant Pork Soup Extract, Pork Soup Concentrate
3) By Oil: Pork Fat Oil, Refined Pork Oil Extract, Pork Lard Oil Extract, High-Quality Pork Oil For Cooking, Pork Oil For Nutritional Applications
4) By Concentrate: Pork Extract Concentrate For Food Industry, Pork Stock Concentrate, High-Flavor Pork Extract Concentrate, Pork Extract Concentrate For Sauces And Marinades
5) By Liquid: Liquid Pork Extract For Soups And Broths, Liquid Pork Extract For Sauces And Seasonings, Fresh Liquid Pork Extract, Liquid Pork Extract For Beverages And Nutritional Products, Organic Liquid Pork Extract
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Which key players are shaping the pork extract market?
Major companies operating in the pork extract market are WH Group Limited (Smithfield Foods Inc.), Smithfield Foods, JBS S.A., Kerry Group Plc, Givaudan, The Tonnies Group, Vion Food Group Ltd., Triumph Foods, Activ International, Robertet Group, Naturex S.A., ARIAKE Japan Co.Ltd, Haco Holding AG, Essentia Protein Solutions, Proliant Biologicals, Kanegrade Ltd., Titan Biotech Ltd., Maverick Biosciences, Chimab S.p.A, Nikken Foods, Carnad A/S, Colin Ingredients, A.Costantino &C.spa, Blue California, Mane SA
How will emerging trends drive the pork extract market throughout the forecast period?
Major companies operating in the pork extract market are investing in developing pork extract to address sector-wide challenges and improve margins for farmers. The investment underlines Lidl’s commitment to British producers, animal welfare, and the environment, and its responsibility to drive positive change in the pork industry. For instance, in April 2024, Lidl, a Germany-based food manufacturing company that produces pork extract, invested $533.07 million( £500 million) into the British pork sector to support the industry and ensure the continued production of high-quality British pork at affordable prices for customers. Lidl has moved pork producers to an open-book model that includes the on-farm cost of production and guarantees minimum producer volumes with a fixed farmer margin.
How do regional factors impact the pork extract market, and which region is the largest contributor?
North America was the largest region in the pork extract market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the pork extract market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Pork Extract Market Report 2025 Offer?
The pork extract market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Pork extract is a concentrated preparation derived from pork, used primarily for flavoring and nutritional purposes in food products. It is produced by boiling pork meat and bones to extract the soluble components, which are then concentrated through evaporation. Pork extract contains proteins, amino acids, vitamins, and minerals, providing a rich, savory flavor commonly used in soups, broths, sauces, and various processed foods.
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