Functional NonMeat Ingredients Market
Functional Non-Meat Ingredients Market Scope:
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Functional Non-Meat Ingredients Market Size and Growth
The Functional Non-Meat Ingredients market is experiencing robust growth, driven by rising consumer demand for plant-based alternatives. The market size is projected to reach approximately $10 billion by 2027, reflecting an increasing preference for health-conscious and sustainable food options. Innovation and product diversification are key trends shaping this sector.
Companies Covered
(Covid 19 Impact Covered)
◍ Kerry Group PLC
◍ Wenda Ingredients
◍ Wiberg GmbH
◍ Ohly GmbH
◍ DowDuPont
◍ Proliant Meat Ingredients
◍ Aliseia SRL
◍ Associated British Foods PLC
◍ Advanced Food Systems, Inc.
◍ Redbrook Ingredient Services Limited
◍ Campus SRL
The Functional Non-Meat Ingredients Market features major players like Kerry Group, Wenda Ingredients, and Wiberg GmbH, focusing on plant-based proteins and flavor enhancers. They innovate formulations, enhance product offerings, and support market growth through R&D and strategic partnerships, driving revenue.
Selected sales revenue figures include:
- Kerry Group: €3.5 billion
- Associated British Foods: £13 billion
- DowDuPont: $85 billion (2021)
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Market Segmentation
By Application
Stores
Online
Other
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By Product
Binders
Extenders
Fillers
Coloring & Flavoring Agents
Salts & Preservatives
Market Growth
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$ X Billion USD
