Natural Casings Are Fastest Growing Segment Fueling Growth Of Meat Glue Market

 

The global Meat Glue Market is estimated to be valued at US$ 226.9 Mn in 2023 and is expected to exhibit a CAGR of 3.6% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market Overview:

Meat glue, also known as transglutaminase, is an enzyme that binds chopped or ground meat pieces together. It provides convenience to food industry by reducing preparation time and ensuring uniform size and shape of meat products. It helps to hold meat together in log shape or patties without using artificial binders.

Market Key Trends:

One of the key trends in the meat glue market is the increasing demand for natural casings. Natural casings find wide application in processed meat products such as sausages due to their superior texture and ability to hold flavors. Meat glue plays a crucial role in filling natural casings without rupture. It aids in proper filling by binding chopped or ground meat fillings. This ensures uniform and intact stuffed sausages and saves time over hand tying casings. The rising health awareness has fueled preference for natural over artificial casings, thereby boosting demand for meat glue in natural casing application.

Segment Analysis:

The global meat glue market is segmented based on type, application, and region. Based on type, the market is segmented into transglutaminase, fibrin and others. Among these, the transglutaminase segment dominates the market and accounted for around 70% share of the total market in 2023. Transglutaminase is the most preferred type of meat glue as it effectively binds pieces of meat or seafood together without affecting the texture, taste or appearance of the finished product.

Key Takeaways:

The global meat glue market is expected to witness high growth, exhibiting CAGR of 3.6% over the forecast period, due to increasing demand for processed meat products.

Regional analysis: North America dominates the global meat glue market and accounted for over 35% of the total market share in 2023. The growth in the region is majorly driven by high consumption of processed meat and the presence of many key players. Asia Pacific is expected to witness the fastest growth during the forecast period due to rapid urbanization, rising disposable incomes and growing demand for convenient meat products in countries like China and India.

Key players operating in the 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. Ajinomoto Co., Inc. dominates the global market and offers a wide range of transglutaminase products for meat binding applications.

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