PUBLISHER: 360iResearch | PRODUCT CODE: 1464953
PUBLISHER: 360iResearch | PRODUCT CODE: 1464953
[194 Pages Report] The Animal Protein Ingredients Market size was estimated at USD 10.16 billion in 2023 and expected to reach USD 10.64 billion in 2024, at a CAGR 4.92% to reach USD 14.22 billion by 2030.
Animal protein ingredients are derived from various animal sources such as dairy, meat, eggs, and fish, essential in various industries due to their high nutritional value. They provide essential amino acids for muscle repair, enzyme production, and other physiological functions. Increasing awareness about the importance of protein in the diet and the rise in fitness culture significantly increase the adoption of animal protein ingredients. Moreover, the growing global population and increasing demand for dietary supplements and functional foods have further fortified the market growth. However, concerns over animal welfare, environmental sustainability, and health risk issues associated with excessive animal protein consumption may pose challenges for market growth. Nevertheless, innovations focused on alternative animal protein sources, emphasizing environmental sustainability and ethical production methods, such as lab-grown meat or insect protein, to meet the increasing demand for protein with minimal environmental impact.
KEY MARKET STATISTICS | |
---|---|
Base Year [2023] | USD 10.16 billion |
Estimated Year [2024] | USD 10.64 billion |
Forecast Year [2030] | USD 14.22 billion |
CAGR (%) | 4.92% |
Type: High demand for dairy protein offering a rich source of essential amino acids required for various bodily functions
Dairy protein is a comprehensive term encompassing various proteins derived from milk, excluding those obtained directly from meat. These proteins are critical for human nutrition, offering a rich source of essential amino acids required for various bodily functions, including muscle repair, immune system support, and growth. Dairy proteins are prevalent in cheese, yogurt, and milk beverages. They are highly valued for their nutritional profile, encompassing casein and whey proteins, providing a complete protein source. Milk protein refers to the protein content found in milk, consisting primarily of casein & whey protein. Casein makes up approximately 80% of the protein in milk, and it is known for its slow digestion, providing a sustained release of amino acids. Whey protein, comprising about 20% of milk protein, is digested more quickly, making it a popular choice for post-exercise recovery. Whey protein is a by-product formed in the cheese-making process & is highly regarded for its excellent nutritional value and digestibility. It contains all essential amino acids essential for muscle repair, building, and overall health. Whey protein is available in various forms, including concentrates, isolates, and hydrolysates, which differ in their protein content and rate of absorption. Egg protein is sourced from eggs, providing one of the highest-quality proteins available. This is due to its compressive amino acid profile and high bioavailability, meaning the body can easily absorb and utilize it. Egg protein supplements usually come in egg white powder, as the whites contain most of the egg's protein content with minimal fat. Gelatin is a form of collagen-derived protein obtained by cooking the bones, skins, and connective tissues of animals, including cows and pigs. It's a unique protein due to its gel-forming properties, making it a key ingredient in jellies, marshmallows, and various pharmaceutical and cosmetic products. While not as rich in essential amino acids as some other animal proteins, gelatin is particularly high in glycine and proline, linked to various health benefits, including skin health, joint health, and digestive health.
Application: Surge in demand for animal protein ingredients in nutritional supplements
In the animal feed sector, protein is a crucial component of livestock, poultry, and aquaculture diets. Animal protein ingredients, such as fish meal, meat and bone meal, and blood meal, play a pivotal role in ensuring balanced nutrition. They provide essential amino acids, vitamins, & minerals that promote growth, improve immune system function, and enhance animals' overall health and productivity. Animal protein ingredients are valued for their nutritional benefits and functional properties in the food and beverage industry. They are incorporated into various products, including dairy goods, meat products, snacks, and specialty nutrition foods. Animal proteins, such as whey protein, gelatin, and collagen, are popular for improving foods' texture, stability, and flavor.
Nutritional supplements have witnessed a surge in the demand for animal protein-based products. These supplements, which include whey protein powders, collagen supplements, and amino acid formulations, are sought after for their high-quality protein content and bioavailability. They support various health and wellness goals, such as muscle building, weight management & joint health. Animal protein ingredients in nutritional supplements are appreciated for their efficacy in optimizing nutrient intake and supporting active lifestyles. In the pet food industry, animal protein ingredients are fundamental to formulating nutritionally balanced pet diets. High-quality animal proteins provide essential nutrients that are vital for the health & well-being of domestic animals. These ingredients contribute to the dietary needs of pets by offering a concentrated energy source, supporting lean muscle mass, and ensuring proper growth and development.
Regional Insights
In the Americas, particularly in North America, the market for animal protein ingredients is quite mature, with a strong emphasis on innovation and high-quality standards. The United States leads in production and consumption, driven by a large and well-established food and beverage industry. There is a significant demand for animal proteins from beef, pork, and poultry due to their widespread application in dietary supplements, sports nutrition, and functional foods. Consumer awareness regarding the nutritional benefits of protein and the popularity of high-protein diets have fueled the growth in this region. The EMEA region Europe is at the forefront, with a strong focus on food safety and stringent regulatory standards governing animal protein products. The European Union's regulations on animal welfare and traceability are among the strictest in the world, influencing the entire production and distribution process. In the MEA, the demand for animal protein ingredients is growing, though it's influenced by cultural and dietary preferences. Halal and kosher certifications are significant considerations in these markets. The Asia-Pacific region showcases strong growth in the demand for animal protein ingredients, attributed to changing dietary habits, rising income levels, and urbanization. This region is characterized by a high demand for poultry and seafood proteins, driven by cultural preferences and perceived health benefits.
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Animal Protein Ingredients Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Animal Protein Ingredients Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the Animal Protein Ingredients Market, highlighting leading vendors and their innovative profiles. These include Agropur Cooperative, Archer Daniels Midland Company, BRF S.A., Bunge Limited, Cargill, Incorporated, CHS Inc., Danish Crown, Darling Ingredients International Holding B.V., Fonterra Co-operative Group Limited, FrieslandCampina, Gelita AG, Hormel Foods Corporation, Ingredion Incorporated, Kemin Industries, Inc., Kerry Group, Koninklijke DSM N.V., Lactalis Ingredients, Maple Leaf Foods Inc., Marfrig Global Foods SA, Mead Johnson Nutrition Company, Nutreco N.V., Omega Protein Corporation, Sensus by Xylem, Smithfield Foods, Inc., Tessenderlo Group, The Scoular Company, and Tyson Foods, Inc..
Market Segmentation & Coverage
1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
1. What is the market size and forecast of the Animal Protein Ingredients Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Animal Protein Ingredients Market?
3. What are the technology trends and regulatory frameworks in the Animal Protein Ingredients Market?
4. What is the market share of the leading vendors in the Animal Protein Ingredients Market?
5. Which modes and strategic moves are suitable for entering the Animal Protein Ingredients Market?