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Global Meat Extract Market Report 2021-2028 - R&D Initiatives Undertaken by Industry Players Leading to Market Development


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The global meat extract market size is expected to reach USD 21.72 billion by 2028, registering a CAGR of 5.2% over the forecast period.
The increasing health consciousness among consumers coupled with growing awareness about the importance of protein-rich diets is expected to propel the product demand over the forecast period.
The R&D initiatives undertaken by industry players leading to market development powered by economic growth in the developing countries will support market growth. Meat extracts have various applications in the food industry including ready meals, soups, sauces, soup powders, coatings, and seasoning, these applications are increasing both in number and volume as the food industry is introducing new products and expanding into emerging markets. ....

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