Global Beef Extract or Beef Stock Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Beef Extract or Beef Stock Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview:

The latest research study on the global Beef Extract or Beef Stock market finds that the global Beef Extract or Beef Stock market reached a value of USD 4005.24 million in 2022. It’s expected that the market will achieve USD 5623.0 million by 2028, exhibiting a CAGR of 5.82% during the forecast period.

High performance and large downstream application

Diversity of sales channel
Beef extracts are used in soups, seasonings, stews, canned meats, gravies, puffed and baked goods, and other products. Beef extract provides a wide range of uses for culinary foods because it imparts a lively aroma to culinary foods. This helps to enhance the flavor and aroma of certain cooked foods.
In terms of composition, beef extract contains organic acids, nucleotides, peptides and amino acids, as well as vitamins and certain minerals. Beef extract is obtained by injecting beef, which can keep the nutrients lost in the cooking process of beef intact. With the increase of people's health awareness, beef weekly products will be a good choice.
Due to the diversity of sales channels and the rapid development of the logistics industry, convenient and fast shopping methods coupled with nutritious and healthy simple cooking methods will also promote the development of the Beef Extract or Beef Stock market.

Region Overview:

In global comparison, a significant portion of the revenue was generated in North America (36.75% in 2022).

Company Overview:

Unilever is one of the major players operating in the Beef Extract or Beef Stock market, holding a share of 13.51% in 2023.

Unilever

Unilever Food Planning has been involved in the catering industry since the 1880s. It owns globally-loved high-quality brands such as Carlo, Hollegate, Lipton, Sijibao, and provides customers with professional cooking ingredients, services and solutions. Stimulate more creativity and inspiration in culinary and commercial operations, and effectively help customers achieve their ultimate goal: satisfied repeat customers.

Heinz

H. J. Heinz Company is an American food processing company headquartered in One PPG Plaza, PPG Plaza, Pittsburgh, PA. It is part of Kraft Heinz Corporation. The company was founded in 1869 by Henry John Heinz.

Segmentation Overview:

By type, Beef Extract Agar segment accounted for the largest share of market in 2022.

Application Overview:

By application, the Food Processing segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Beef Extract or Beef Stock market covered in Chapter 3:

JBS Global
Ariake
BHJ (Essentia)
Unilever
Tiantiao Biotechnology
Carnad
Eliteflavor
Marfrig group
Bernard Food Industries
Nestle
Heinz
Huahai Biological
Campbell Soup Company

In Chapter 4 and Chapter 14.2, on the basis of types, the Beef Extract or Beef Stock market from 2018 to 2029 is primarily split into:

Beef Extract Agar
Beef Extract Powder
Beef Stock
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Beef Extract or Beef Stock market from 2018 to 2029 covers:

Household
Catering Service Industry
Food Processing
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)