Global Meat Extract Market to 2032
Overview
The Global Meat Extract Market is expected to reach a 27.68 USD Billion by 2032 and is projected to grow at a CAGR of 5.18% from 2025 to 2032.
Revenue, 2024 (USD Billion)
17.68
Forecast, 2032 (USD Billion)
27.68
CAGR, 2024 - 2032
5.18%
Report Coverage
Global
Global Meat Extract Market 2018-2032 USD Billion
Global Meat Extract Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 17.68 USD Billion
- Projected Market Size (2032): 27.68 USD Billion
- CAGR (2025-2032): 5.18%
Key Findings of Global Meat Extract Market
- The Global Meat Extract Market was valued at 27.68 USD Billion in 2024.
- The Global Meat Extract Market is likely to grow at a CAGR of 5.18% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Food & Beverage in Application Segment accounted for the largest share of the market with a revenue of 35.89 USD Billion
- The fastest growing segment Extract6 in Type Segment grew Fastest with a CAGR of 5.71% during the forecast period from 2024 to 2032.
Global Meat Extract Market Scope
Global Meat Extract Market Segmentation & Scope
Application
- Pharmaceutical/Laboratory Research
- Food & Beverage
Category
- Organic
- Conventional
Product
- Other Meat Extracts
- Lamb Extract
- Fish Extract
- Chicken Extract
- Pork Extract
- Beef Extract
Type
- Extract6
- Stock6
Form
- Paste
- Liquid
- Powder
Function
- Others
- Preparation of Culture Media
- Flavoring Agent
Global Meat Extract Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2022 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 17.68 USD Billion |
| Market Value in 2032 | 27.68 USD Billion |
| CAGR (2025-2032) | 5.18% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Application,Category,Product,Type,Form,Function |
Regional Insights:
-
Leading Market (2024-2032): Global, leading in terms of revenue 17.68 USD Billion in 2024
- Key Country: U.S., leading in terms of revenue with value of 2,230.26 USD Million in 2024.
Segments and Scope
-
Global Meat Extract Market to 2032, By Application
- Food & Beverage is the largest segment in Global Meat Extract Market to 2032 with a revenue of 35.89 USD Billion in the year 2024.
- Pharmaceutical/Laboratory Research is the Fastest growing segment in Global Meat Extract Market to 2032 with a Growth rate of 5.12 % in forecast period 2025-2032.
-
Global Meat Extract Market to 2032, By Category
- Conventional is the largest segment in Global Meat Extract Market to 2032 with a revenue of 10.41 USD Billion in the year 2024.
- Conventional is the Fastest growing segment in Global Meat Extract Market to 2032 with a Growth rate of 5.54 % in forecast period 2025-2032.
-
Global Meat Extract Market to 2032, By Product
- Beef Extract is the largest segment in Global Meat Extract Market to 2032 with a revenue of 8.36 USD Billion in the year 2024.
- Pork Extract is the Fastest growing segment in Global Meat Extract Market to 2032 with a Growth rate of 5.33 % in forecast period 2025-2032.
-
Global Meat Extract Market to 2032, By Type
- Stock6 is the largest segment in Global Meat Extract Market to 2032 with a revenue of 12.56 USD Billion in the year 2024.
- Extract6 is the Fastest growing segment in Global Meat Extract Market to 2032 with a Growth rate of 4.96 % in forecast period 2025-2032.
-
Global Meat Extract Market to 2032, By Form
- Powder is the largest segment in Global Meat Extract Market to 2032 with a revenue of 8.30 USD Billion in the year 2024.
- Powder is the Fastest growing segment in Global Meat Extract Market to 2032 with a Growth rate of 5.57 % in forecast period 2025-2032.
-
Global Meat Extract Market to 2032, By Function
- Flavoring Agent is the largest segment in Global Meat Extract Market to 2032 with a revenue of 13.22 USD Billion in the year 2024.
- Preparation of Culture Media is the Fastest growing segment in Global Meat Extract Market to 2032 with a Growth rate of 5.09 % in forecast period 2025-2032.
Global Meat Extract Market Company Share Analysis
| Company Name |
|
||
| MP BIOMEDICALS | |||
| Pacific Foods | |||
| NH Foods Ltd. | |||
| NEOGEN Corporation | |||
| JBS GLOBAL | |||
Global Meat Extract Market Geographical Sales Distribution, 2018-2032 USD Billion
Global Meat Extract Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Global Meat Extract Market is segmented based on Segmentation Application,Category,Product,Type,Form,Function.
Global Meat Extract Market was valued at USD 17.68(Revenue in USD Billion) in 2022.
Global Meat Extract Market is projected to grow at a CAGR of 5.18% during the forecast period of 2024 to 2032.
The Food & Beverage segment is expected to dominate the Global Meat Extract Market, holding a largest market share of 35.89 USD Billion in 2024
Global Meat Extract Market Scope
Global Meat Extract Market Segmentation & Scope
Application
- Pharmaceutical/Laboratory Research
- Food & Beverage
Category
- Organic
- Conventional
Product
- Other Meat Extracts
- Lamb Extract
- Fish Extract
- Chicken Extract
- Pork Extract
- Beef Extract
Type
- Extract6
- Stock6
Form
- Paste
- Liquid
- Powder
Function
- Others
- Preparation of Culture Media
- Flavoring Agent
Frequently Asked Questions
The Global Meat Extract Market is segmented based on Segmentation Application,Category,Product,Type,Form,Function.
Global Meat Extract Market was valued at USD 17.68(Revenue in USD Billion) in 2022.
Global Meat Extract Market is projected to grow at a CAGR of 5.18% during the forecast period of 2024 to 2032.
The estimated market value of the Global Meat Extract Market for final year is USD 27.68 (USD Billion).
Global Meat Extract Market Company Profiling
Frequently Asked Questions
The Global Meat Extract Market is segmented based on Segmentation Application,Category,Product,Type,Form,Function.
Global Meat Extract Market was valued at USD 17.68(Revenue in USD Billion) in 2022.
Global Meat Extract Market is projected to grow at a CAGR of 5.18% during the forecast period of 2024 to 2032.
The estimated market value of the Global Meat Extract Market for final year is USD 27.68 (USD Billion).
HAVE A QUESTION?
Get expert advice on the right strategy for your business at no cost. We also offer customized subscription plans and affordable discounts for startups and universities.