Binders and Scaffolders for Meat and Meat Substitutes Market by Type, Meat Type(Beef, Pork, and Other Meat Types), Application, and Region - Global Industry Analysis, Opportunities and Forecast up to 2029

Binders and Scaffolders for Meat and Meat Substitutes Market Size

The global Binders and Scaffolders for Meat and Meat Substitutes market size was valued at $3.79 billion in 2023 and is projected to reach $4.66 billion by 2029, growing at a CAGR of 3.5% during the forecast period. 

Binders and Scaffolders for Meat & Meat Substitutes Market Dynamics

• The binders and scaffolders for meat & meat substitutes market is expected to witness significant growth in the future due to the shifting consumer preference towards a vegan lifestyle and rising demand for global cultured meat. 

• Additionally, an increase in concerns for animal welfare and a growing need for environmental sustainability are the prominent factors driving the growth of the binders and scaffolders for meat & meat substitutes market demand.

• However, the stringent regulatory scrutiny of scaffold meat and high initial investment are restraining the market growth.

• On the contrary, increasing technological advancements to develop new product lines and high investment by key industry players are creating opportunities for market growth.

Binders and Scaffolders for Meat & Meat Substitutes Market Overview

Meat binders are naturally occurring compounds present in a variety of vegetables, fruits, cereal flours, etc. in abundance, and act through their solubility, viscosity, gel-forming ability, water-binding capacity, oil adsorption capacity, fermentability, and mineral and organic molecule binding capacity, which affect the product quality and characteristics. Besides these, high-fiber intake tends to reduce the risk of colon cancer, obesity, cardiovascular diseases, and several other disorders. Moreover, based on their physicochemical properties, many fibers can help to improve the color, texture, and sensorial characteristics instead of nutritional benefits. Fiber inclusions could help in the diminution of calorie content in foods.

By Application, the Meat Substitutes Segment is projected to be the largest Segment in the Binders and Scaffolders for Meat & Meat Substitutes Market

The meat substitutes segment is estimated to witness a significant growth rate in the foreseeable future as alternative protein products derived from insects and plants as well as cultured meat products are gaining popularity among consumers across the world. This growing trend of protein consumption is expected to present several opportunities for various meat processors and food companies to invest in alternative meat protein such as cultured meat to fulfill consumer demand. Moreover, several companies are interested in this trend of meat alternatives and focusing on developing new plant-based meat products.

By Geography, Asia Pacific Region Holds the Dominant Position in the Market Revenue

Asia Pacific is projected to be the largest region in the binders and scaffolders for meat & meat substitutes market due to the increasing shift from a cereal-based diet to a protein-based one in the region. This growing trend of protein consumption is anticipated to present several opportunities for various meat processors and food companies to invest in alternative meat protein such as cultured meat to fulfill consumer demand in the Asia Pacific region. Moreover, there are numerous existing and emerging companies in the Asian market which will further increase the demand in the region.

Some of the Key Players Profiled in the Report Include: 

• Advanced Food Systems, Inc.
• Archer Daniels Midland Company
• Danagreen Co., Ltd
• Dupont
• Gelita Ag
• Ingredion Incorporated
• J.M. Huber Corporation
• Kerry Group
• Matrix Meats
• Memphis Meat
• Roquette Freres
• Wiberg GmbH

What Can be Explored with this Research Report?

• Understand the key trends that will drive the market and the challenges it faces in the current market scenario.
• Identify growth opportunities.
• Porter’s five force analysis.
• In-depth analysis of market segments, and regions/countries predicted to observe promising growth.
• Historical and forecast size of the market in terms of revenue (USD Million).
• Company profiling with key products and solution offerings, key financial information, SWOT analysis, and business strategies adopted.

Market Segmentation:

The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:

Market by, Type:
• Binders for Meat & Meat Substitutes
• Scaffolders for Cultured Meat

Market by, Meat Type:
• Beef
• Pork
• Fish
• Poultry
• Other Meat Types

Market by, Application:
• Meat Products
• Meat Substitutes
• Cultured Meat

Market by, Geography:

The Binders and Scaffolders for Meat & Meat Substitutes Market report also analyzes the major geographic regions and countries for the market. The regions and countries covered in the study include:

• North America (The United States, Canada, Mexico), Market Estimates, Forecast & Opportunity Analysis
• Europe (Germany, France, UK, Italy, Spain, Rest of Europe), Market Estimates, Forecast & Opportunity Analysis
• Asia Pacific (China, Japan, India, South Korea, Australia, New Zealand, Rest of Asia Pacific), Market Estimates, Forecast & Opportunity Analysis
• South America (Brazil, Argentina, Chile, Rest of South America), Market Estimates, Forecast & Opportunity Analysis
• Middle East & Africa (UAE, Saudi Arabia, Qatar, Iran, South Africa, Rest of Middle East & Africa), Market Estimates, Forecast & Opportunity Analysis.

Table Of Content

1 Market Overview              
    1.1 Introduction          
    1.2 Research Objectives         
    1.3 Market Segmentation         
    1.4 Stakeholders          
    1.5 List of Acronyms          
                
2 Executive Summary              
                
3 Research Methodology             
    3.1 Identification of Data         
    3.2 Evaluation of Market Dynamics        
    3.3 Collaboration of Data         
    3.4 Verification and Analysis         
    3.5 Data Sources          
    3.6 Assumptions          
                
4 Market Dynamics              
    4.1 Market Drivers          
           4.1.1 Shifting Consumer Preference towards Vegan Lifestyle
           4.1.2 Rising Demand for Global Cultured Meat 
    4.2 Market Restraints          
           4.2.1 High Initial Investment  
    4.3 Market Opportunities         
           4.3.1 Increasing Technological Advancements to Develop New Product Lines
    4.4 Market Challenges          
           4.4.1 Product Labeling   
    4.5 Impact of COVID-19 on Binders and Scaffolders for Meat & Meat Substitutes Market   
                
5 Porter's Five Force Analysis            
    5.1 Bargaining Power of Suppliers         
    5.2 Bargaining Power of Buyers         
    5.3 Threat of New Entrants         
    5.4 Threat of Substitutes         
    5.5 Competitive Rivalry in the Market        
                
6 Global Binders and Scaffolders for Meat & Meat Substitutes Market by, Type        
    6.1 Overview          
    6.2 Binders for Meat & Meat Substitutes        
    6.3 Scaffolders for Cultured Meat         
                
7 Global Binders and Scaffolders for Meat & Meat Substitutes Market by, Meat Type       
    7.1 Overview          
    7.2 Beef           
    7.3 Pork           
    7.4 Fish           
    7.5 Poultry           
    7.6 Other Meat Types          
                
8 Global Binders and Scaffolders for Meat & Meat Substitutes Market by, Application       
    8.1 Overview          
    8.2 Meat Products          
    8.3 Meat Substitutes          
    8.4 Cultured Meat          
                
9 Global Binders and Scaffolders for Meat & Meat Substitutes Market by, Geography       
    9.1 Overview          
    9.2 North America          
             9.2.1 US  
             9.2.2 Canada  
             9.2.3 Mexico  
    9.3 Europe           
             9.3.1 Germany  
             9.3.2 France  
             9.3.3 UK  
             9.3.4 Italy  
             9.3.5 Spain  
             9.3.6 Rest of Europe 
    9.4 Asia Pacific          
             9.4.1 China  
             9.4.2 Japan  
             9.4.3 India  
             9.4.4 South Korea 
             9.4.5 Australia  
             9.4.6 New Zealand 
             9.4.7 Rest of Asia Pacific 
    9.5 South America          
             9.5.1 Brazil  
             9.5.2 Argentina 
             9.5.3 Chile  
             9.5.4 Rest of South America
    9.6 Middle East & Africa         
             9.6.1 UAE  
             9.6.2 Saudi Arabia 
             9.6.3 Qatar  
             9.6.4 Iran  
             9.6.5 South Africa 
             9.6.6 Rest of Middle East & Africa
                
10 Key Developments              
                
11 Company Profiling              
    11.1 Advanced Food Systems, Inc.         
             11.1.1 Business Overview 
             11.1.2 Product/Service Offering
             11.1.3 Financial Overview 
             11.1.4 SWOT Analysis 
             11.1.5 Key Activities 
    11.2 Archer Daniels Midland Company        
    11.3 Danagreen Co., Ltd          
    11.4 Dupont           
    11.5 Gelita Ag           
    11.6 Ingredion Incorporated         
    11.7 J.M. Huber Corporation         
    11.8 Kerry Group          
    11.9 Matrix Meats          
    11.10 Memphis Meat          
    11.11 Roquette Freres          
    11.12 Wiberg GmbH