The global Meat Glue Market is estimated to be valued at US$ 226.9 Mn or 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 proteins together and allows the reconstruction of cuts of meat into other forms such as beef or pork steaks. It offers convenience of reconstructing meat cuts for value-added applications. Meat glue helps minimize food wastage while improving product presentation.

Market Key Trends:

One of the key trends in the meat glue market is its increasing demand from the food processing industry. Meat glue provides enhanced binding and rebuilding capabilities to processed meat products. It helps manufacturers reduce costs by enabling the use of trimmings and irregular meat cuts in sausages, patties and other value-added meat products. A major application is forming boneless hams from pork legs. Meat glue allows manufacturers to rebuild bone-in hams into a form suitable for slicing without having to cut around bones. This increases yields and operational efficiencies. Rising demand for processed and value-added meat products is expected to drive growth of meat glue in the food processing segment over the forecast period.

SWOT Analysis:

• Strengths: Meat glue offers a clean label and natural binding solution for meat products without needing artificial additives. It allows processors to shape and portion meat cuts easily.
• Weaknesses: High pricing of meat glue compared to conventional chemical binders can be a challenge for large-scale adoption.
• Opportunities: Increasing demand for clean label products presents an opportunity for meat glue producers to tap into premium product segments.
• Threats: Stringent food safety regulations related to acceptable limits of meat glue in finished products can restrict industry growth to some extent.

Key Takeaways:

The global meat glue market is expected to witness high growth, exhibiting CAGR of 3.6% over the forecast period 2023 to 2030, due to increasing demand for clean label and natural ingredients in meat products.

Regional analysis: North America accounted for the largest share of the global market in 2022. This can be attributed to rising focus on health and wellness as well as clean label products from consumers in the region. Asia Pacific is expected to witness the fastest growth over the forecast period with China and India emerging as high growth markets.

Key players: Key players operating in the meat glue market include 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.