Meat and meat products are widely recognized as essential sources of vital dietary nutrients necessary for human development, growth, tissue repair, and overall well-being. Along with high-quality meat proteins, these items have significant potential for extracting bioactive peptides. These bioactive peptides play a crucial role in executing distinct physiological functions such as antihypertensive, antimicrobial, ACE inhibitory and other crucial biological activities inside the human body along with providing nutrition. The genetic information for Biologically Active Peptides (BAPs) is typically encoded within the sequences of their originating proteins, and various production techniques can be employed to liberate them. Meat processing industries produce significant quantities of byproducts and waste, including blood, skin, bones, and other animal parts, which can serve as valuable starting materials for the production of beneficial Biologically Active Peptides (BAPs). The resultant BAPs can find potential applications in pharmaceutical and food processing industries utilize them extensively for producing functional food items.