Change Consent

Meat Glue Market Revenue Growth Defined by Heightened Product Innovation by 2026

Meat Glue

Meat glue or transglutaminase is an enzyme, which is used to glue or crosslink small pieces of fish, meat or meat products to large pieces. It is used in meat products to act as a binder or improve texture. It can be used in shaping and binding protein foods together to make innovative food recipes, help in portion control while cooking and reduce wastage, thickening egg yolks, dairy products, strengthening of dough, and increasing yield in tofu production.

Download PDF Brochure: https://www.coherentmarketinsights.com/insight/request-pdf/1657

Market Dynamics

Rising meat consumption is expected to be one of the major factors driving growth of the global meat glue market. According to Food and Agriculture Organization (FAO) and Organization for Economic Co-operation and Development (OECD) Agricultural Outlook, global per capita 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. as compared to the base period of 2013 to 2015. Furthermore, meat glue is used in innovative food applications such as meat noodles and novel meat combinations such as scallops and lamb or beef and bacon, especially in restaurants and food service sector. Increasing growth of the restaurant industry is propelling growth of the global meat glue market. According to National Restaurant Association, restaurant industry sales in 2010 was US$ 586.7 billion, which increased to US$ 799 billion in 2017 in the U.S. Moreover, growing fish consumption is fuelling growth of the global meat glue market, as it finds applications in making uniform portions of fish filet. According to the Food and Agriculture Organization of the United Nations, global fish consumption is expected to increase by 19% by 2026 as compared to base period of 2014 to 2016. Rise in consumption of processed food is supporting growth of the global meat glue market as meat glue improves water retention, mouth feel, and appearance of processed meats. According to Coherent Market Insights’ study, global frozen processed food market was valued at US$ 60.12 billion in 2016 and is anticipated to reach US$ 85.49 billion by 2025. Moreover, frozen processed poultry segment accounted for highest market share of 19.16% in 2016 thereby increasing demand for the meat glue market.

Market Outlook

Meat glue market in Asia Pacific is witnessing rapid growth, owing to increasing meat consumption. According to Food and Agriculture Organization (FAO) and Organization for Economic Co-operation and Development (OECD) Agricultural Outlook, meat consumption was highest in 2016 in China. Furthermore, China is expected to retain its dominance in meat consumption between 2017 and 2026. Moreover, growing food processing industry is supporting growth of the meat industry in Asia Pacific, which is projected to propel growth of the meat glue market. According to India Brand Equity Foundation, Department of Commerce, Government of India, the food processing industry in India is projected to reach US$ 482 billion by 2020 from US$ 258 billion in in 2015.

North America held significant market share in 2017 in the global meat glue market. Furthermore, the U.S. held largest market share in the North America meat glue market in 2017. This is owing to approval and initiatives of regulatory bodies and institutes regarding safety of meat glue. For instance, the American Meat Institute, a trade association of packers and processors of pork, lamb, beef, veal and turkey, has certified that meat glue is safe and natural.

Key Players

Key players operating in the global meat glue market are Ajinomoto Co., Inc., Modernist Pantry, LLC, Special Ingredients Ltd., Kinry Food Ingredients Co., Ltd., BDF Natural Ingredients, S.L., Micro-Tech Foods Ingredients Inc., Yiming Biological Products Co., Ltd., and Nanning Pangbo Biological Engineering Co., Ltd.

Else, Place a customization Before Buying ‚Meat Glue Market Industry Report 2026‘ @ https://www.coherentmarketinsights.com/insight/request-customization/1657

Market Taxonomy

Global meat glue market is segmented into:

By Product Type

RM Transglutaminase

TI Transglutaminase

GS Transglutaminase

YG Transglutaminase

Others

By End-user

Residential

Commercial

Industrial

By Region

North America

U.S.

Canada

Europe

U.K.

Germany

Italy

France

Russia

Spain

Rest of Europe

Asia Pacific

China

India

Japan

ASEAN

Australia

South Korea

Rest of Asia Pacific

Latin America

Brazil

Mexico

Argentina

Rest of Latin America

Middle East

GCC

Israel

Rest of Middle East

Africa

Northern Africa

Central Africa

South Africa

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysisthrough various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Contact Us:

Mr. Shah

Coherent Market Insights

1001 4th Ave,

#3200

Seattle, WA 98154

Tel: +1-206-701-6702

Email: sales@coherentmarketinsights.com

Aman Jain
Coherent Market Insight

aman@coherentmarketinsights.com

https://www.coherentmarketinsights.com/ongoing-insight/meat-glue-market-1657

Kommentar hinterlassen on "Meat Glue Market Revenue Growth Defined by Heightened Product Innovation by 2026"

Hinterlasse einen Kommentar