Meat Extract Market Exhibiting A CAGR Of 3.5% For The Forecast Period From 2019 To 2025 : Grand View Research Inc.
San Francisco, 10 October 2019: The Report Meat Extract Market Size, Share & Trends Analysis Report by Type (Chicken, Pork, Beef, Fish), By Form (Powder, Paste, Oil), By Application (Industrial, Commercial), By Region, And Segment Forecasts, 2019 – 2025 The global meat extracts market size is projected to reach USD 27.7 billion by 2025, denoting a CAGR of 3.5% over the forecast period, according to a new report by Grand View Research, Inc. Factors such as population expansion in developing economies and double-income families are expected to contribute to the rising preference for packaged ready-to-eat meat products, which is further anticipated to boost the demand for meat extracts over the forecast period. Growing demand for meat products as a key source of protein in China and increasing disposable incomes are anticipated to drive the consumption of meat extract oils over the forecast period. In addition, favorable government initiatives perta...