Meat Glue Market | Contrive Datum Insights

The global Meat Glue Market is projected to grow at a CAGR of 5.5% from 2022 to 2030.

Meat Glue Market Overview:

Meat glue or transglutaminase is an enzyme used to glue or cross-link small pieces of fish, meat or meat products into larger pieces. It is used in meat preparations as a binder or to improve texture. It can be used to shape and bind protein foods together for innovative food recipes, help with portion control when cooking and reduce waste, thicken egg yolks and dairy products, strengthen dough and increase yield in tofu production.

Rising meat consumption is expected to be one of the major factors driving the growth of the global meat glue market. According to the Agricultural Outlook of the Food and Agriculture Organization (FAO) and the Organization for Economic Co-operation and Development (OECD), global per capital annual meat consumption is projected to reach 35.3 kg r.w.e. (Retail Weight Equivalent) by 2025, an increase of 1.3 kg r.w.e. compared to the 2013-2015 base period. Additionally, meat glue is used in innovative food applications such as meat pasta and novel meat combinations such as scallop with lamb or beef with bacon, especially in the restaurant and food service industries. The growing restaurant industry is driving the growth of the global meat glue market. According to the National Restaurant Association, U.S. restaurant industry sales increased from $586.7 billion in 2010 to $799 billion in 2017. Moreover, rising fish consumption is driving the growth of the global meat glue market as it is used in making uniform portions of fish fillets. According to the Food and Agriculture Organization of the United Nations, global fish consumption is projected to increase by 19% by 2026 compared to a base period of 2014 to 2016. Rising consumption of processed food is supporting growth in the global meat glue market, as meat glue can improve water retention, taste, and appearance of processed meat. According to Coherent Market Insights research, the global frozen processed food market was valued at USD 60.12 billion in 2016 and is projected to reach USD 85.49 billion by 2025. Furthermore, frozen processed poultry had the highest market share at 19.16 % in 2016 thereby increasing the demand for meat glue market.

Meat Glue market size estimates and forecasts are provided in terms of sales volume (K units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Meat Glue market in detail. Regional market sizes related to products by type, by application, and by player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and other global crisis.

The global Meat Glue market is the professional and accurate study of various business perspectives such as major key players, key geographies, divers, restraints, opportunities, and challenges. This global research report has been aggregated on the basis of various market segments and sub-segments associated with the global market.

Top Key Players include in the Meat Glue Market are
Ajinomoto, Kinry Food Ingredients, BDF Natural Ingredients, Nanning Pangbo Biological Engineering, Micro Tech Foods Ingredients, C&P Additives, Jiangsu Yiming Biological, and others.

The Meat Glue market research report is categorized based on type, applications and region.

On the Basis of Type:

• Animal
• Plant
• Microbial

On the Basis of Application:

• Meat
• Fish
• Processed food

On the Basis of Region:

Geographically, the global Meat Glue market has been analyzed in various regions such as North America, Latin America, Middle East, Asia-Pacific, Africa, Europe, and India. The global Meat Glue region is dominating this market in the upcoming future.

North America is expected to witness the highest growth rate over the forecast period. This can be attributed to increasing meat consumption in the region, which has been increasing owing to population growth and changing dietary preferences. Demand for processed food is also expected to drive industry expansion in the coming years. Europe is expected to witness moderate growth over the forecast period. This can be attributed to increasing meat consumption by major players in the European meat glue market such as Germany and France. However, high production costs restrain the industry growth in other regions such as Italy and Spain. Latin America is expected to witness significant growth over the forecast period owing to rising consumer spending on processed food and increasing demand for meat glue from Brazilian manufacturers. In terms of revenue, Asia Pacific accounted for the largest share at over 40% and is expected to witness significant growth over the forecast period. This can be attributed to increasing meat consumption in the region, which has been increasing owing to population growth and changing dietary preferences. Demand for processed food is also expected to drive industry expansion in the coming years.

Further the regions are divided into countries as follows

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
• Germany
• France
• Italy
• Spain
• UK
• Nordic Countries
• Denmark
• Finland
• Iceland
• Sweden
• Norway
• Benelux Union
• Belgium
• The Netherlands
• Luxembourg
• Rest of Europe
• Asia-Pacific
• Japan
• China
• India
• Australia
• South Korea
• Southeast Asia
• Indonesia
• Thailand
• Malaysia
• Singapore
• Rest of Southeast Asia
• Rest of Asia-Pacific
• The Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East & Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America

Meat Glue Market report scope

The major key questions addressed through this innovative research report:

What are the major challenges in front of the global Meat Glue market?

Who are the key vendors of the global Meat Glue market?

What are the leading key industries of the global Meat Glue market?

Which factors are responsible for driving the global Meat Glue market?

What are the key outcomes of SWOT and Porter’s five analysis?

What are the major key strategies for enhancing global opportunities?

What are the different effective sales patterns?

What will be the global market size in the forecast period?

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