South Africa Meat Extract Market to 2032
Overview
The South Africa Meat Extract Market is expected to reach a 429.59 USD Million by 2032 and is projected to grow at a CAGR of 7.60% from 2025 to 2032.
Revenue, 2024 (USD Million)
271.77
Forecast, 2032 (USD Million)
429.59
CAGR, 2024 - 2032
7.60%
Report Coverage
South Africa
South Africa Meat Extract Market 2018-2032 USD Million
South Africa Meat Extract Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 271.77 USD Million
- Projected Market Size (2032): 429.59 USD Million
- CAGR (2025-2032): 7.60%
Key Findings of South Africa Meat Extract Market
- The South Africa Meat Extract Market was valued at 271.77 USD Million in 2024.
- The South Africa Meat Extract Market is likely to grow at a CAGR of 7.60% 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 548.60 USD Million
- The fastest growing segment Extract6 in Type Segment grew Fastest with a CAGR of 8.43% during the forecast period from 2024 to 2032.
South Africa Meat Extract Market Scope
South Africa 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
South Africa Meat Extract Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2022 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 271.77 USD Million |
| Market Value in 2032 | 429.59 USD Million |
| CAGR (2025-2032) | 7.60% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Application,Category,Product,Type,Form,Function |
Regional Insights:
-
Leading Market (2024-2032): South Africa, leading in terms of revenue 271.77 USD Million in 2024
- Key Country: South Africa, leading in terms of revenue with value of 271.77 USD Million in 2024.
Segments and Scope
-
South Africa Meat Extract Market to 2032, By Application
- Food & Beverage is the largest segment in South Africa Meat Extract Market to 2032 with a revenue of 548.60 USD Million in the year 2024.
- Pharmaceutical/Laboratory Research is the Fastest growing segment in South Africa Meat Extract Market to 2032 with a Growth rate of 7.51 % in forecast period 2025-2032.
-
South Africa Meat Extract Market to 2032, By Category
- Conventional is the largest segment in South Africa Meat Extract Market to 2032 with a revenue of 164.52 USD Million in the year 2024.
- Conventional is the Fastest growing segment in South Africa Meat Extract Market to 2032 with a Growth rate of 8.14 % in forecast period 2025-2032.
-
South Africa Meat Extract Market to 2032, By Product
- Beef Extract is the largest segment in South Africa Meat Extract Market to 2032 with a revenue of 129.57 USD Million in the year 2024.
- Pork Extract is the Fastest growing segment in South Africa Meat Extract Market to 2032 with a Growth rate of 7.80 % in forecast period 2025-2032.
-
South Africa Meat Extract Market to 2032, By Type
- Stock6 is the largest segment in South Africa Meat Extract Market to 2032 with a revenue of 189.76 USD Million in the year 2024.
- Extract6 is the Fastest growing segment in South Africa Meat Extract Market to 2032 with a Growth rate of 7.24 % in forecast period 2025-2032.
-
South Africa Meat Extract Market to 2032, By Form
- Powder is the largest segment in South Africa Meat Extract Market to 2032 with a revenue of 131.37 USD Million in the year 2024.
- Powder is the Fastest growing segment in South Africa Meat Extract Market to 2032 with a Growth rate of 8.18 % in forecast period 2025-2032.
-
South Africa Meat Extract Market to 2032, By Function
- Flavoring Agent is the largest segment in South Africa Meat Extract Market to 2032 with a revenue of 201.82 USD Million in the year 2024.
- Preparation of Culture Media is the Fastest growing segment in South Africa Meat Extract Market to 2032 with a Growth rate of 7.45 % in forecast period 2025-2032.
South Africa Meat Extract Market Company Share Analysis
| Company Name |
|
||
| MP BIOMEDICALS | |||
| Pacific Foods | |||
| NH Foods Ltd. | |||
| NEOGEN Corporation | |||
| JBS GLOBAL | |||
South Africa Meat Extract Market Geographical Sales Distribution, 2018-2032 USD Million
South Africa Meat Extract Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Africa Meat Extract Market is segmented based on Segmentation Application,Category,Product,Type,Form,Function.
South Africa Meat Extract Market was valued at USD 271.77(Revenue in USD Million) in 2022.
South Africa Meat Extract Market is projected to grow at a CAGR of 7.60% during the forecast period of 2024 to 2032.
The Food & Beverage segment is expected to dominate the South Africa Meat Extract Market, holding a largest market share of 548.60 USD Million in 2024
South Africa Meat Extract Market Scope
South Africa 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 South Africa Meat Extract Market is segmented based on Segmentation Application,Category,Product,Type,Form,Function.
South Africa Meat Extract Market was valued at USD 271.77(Revenue in USD Million) in 2022.
South Africa Meat Extract Market is projected to grow at a CAGR of 7.60% during the forecast period of 2024 to 2032.
The estimated market value of the South Africa Meat Extract Market for final year is USD 429.59 (USD Million).
South Africa Meat Extract Market Company Profiling
Frequently Asked Questions
The South Africa Meat Extract Market is segmented based on Segmentation Application,Category,Product,Type,Form,Function.
South Africa Meat Extract Market was valued at USD 271.77(Revenue in USD Million) in 2022.
South Africa Meat Extract Market is projected to grow at a CAGR of 7.60% during the forecast period of 2024 to 2032.
The estimated market value of the South Africa Meat Extract Market for final year is USD 429.59 (USD Million).
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