Animal Protein Market Size, Share, Forecast, & Trends Analysis by Type (Dairy Protein, Egg Protein), Form (Liquid), Application (Food & Beverage, Animal Feed, Pharmaceuticals)

Description

List of Tables

Animal Protein Market Size, Share, Forecast, & Trends Analysis by Type (Dairy Protein {Milk, Whey Protein}, Egg Protein), Form (Liquid), Application (Food & Beverage {Bakery & Confectionery, Dairy}, Animal Feed, Pharmaceuticals) - Global Forecast to 2031

According to the research report titled, 'Animal Protein Market Size, Share, Forecast, & Trends Analysis by Type (Dairy Protein {Milk, Whey Protein}, Egg Protein), Form (Liquid), Application (Food & Beverage {Bakery & Confectionery, Dairy}, Animal Feed, Pharmaceuticals) - Global Forecast to 2031' published by Meticulous Research(R), the animal protein market is projected to reach $42.63 billion by 2031, at a CAGR of 4.5% during the forecast period 2024-2031. The report provides an in-depth analysis of the animal protein market across five major regions, emphasizing the current market trends, market sizes, recent developments, and forecasts till 2031. Succeeding extensive secondary and primary research and an in-depth analysis of the market scenario, the report provides an impact analysis of the key industry drivers, restraints, opportunities, challenges, and trends.

The growth of the animal protein market is driven by the rising consumer awareness regarding nutritious food, the increasing demand for health supplements, population growth & urbanization, and the rising need for protein-rich diets. However, the growing demand for alternative proteins and the increasing prevalence of milk allergies and lactose intolerance are expected to restrain market growth.

Furthermore, emerging economies and technological advancements in the dairy industry are expected to generate growth opportunities for the players operating in this market. However, increasing consumer awareness about the benefits of vegan diets is a major challenge in the animal protein market. Additionally, consumers' increasing focus on health & wellness and sustainable & ethical sourcing are major trends in the animal protein market.

The key players operating in the animal protein market are Kerry Group plc (Ireland), Arla Foods amba (Denmark), Fonterra Co-operative Group Limited (New Zealand), Royal FrieslandCampina N.V. (Netherlands), Groupe Lactalis S.A. (France), AMCO Proteins (U.S.), Glanbia plc (Ireland), Hilmar Cheese Company, Inc. (U.S.), Kewpie Corporation (Japan), Darling Ingredients Inc. (U.S.), Savencia Fromage & Dairy (France), Nitta Gelatin Inc. (U.S.), Agropur Cooperative (Canada), and Essentia Protein Solutions (Denmark).

Based on type, the animal protein market is segmented into dairy protein, egg protein, gelatin, and other animal proteins. In 2024, the dairy protein segment is expected to account for the largest share of 52.1% of the animal protein market. The large market share of this segment can be attributed to the increasing awareness about the health benefits of dairy proteins and the growing demand for infant formula and nutritional supplements. Furthermore, dairy proteins offer a complete amino acid profile, making them ideal for manufacturers looking to create protein-rich products. The utilization of dairy proteins in protein bars, meal replacement powders, high-protein clinical formulations, and dietetic products is increasing rapidly.

Based on form, the animal protein market is segmented into solid and liquid proteins. In 2024, the solid segment is expected to account for the larger share of the animal protein market. The large market share of this segment can be attributed to the higher demand for solid animal proteins due to the ease of handling & transportation, cost-effectiveness, and ingredient stability. This segment is also expected to grow at a higher CAGR during the forecast period due to the stability of solid animal proteins during processing and storage, which makes them ideal for use in various food manufacturing applications.

Based on application, the animal protein market is segmented into food & beverage, nutritional supplements, animal feed, pet food, pharmaceuticals, and other applications. The nutritional supplements segment is expected to witness rapid growth during the forecast period due to the rise in sports and fitness activities, the growing popularity of animal proteins in sports nutrition, the increasing demand for protein supplementation, and increasing awareness regarding the benefits of a balanced and nutrient-rich diet.

An in-depth geographic analysis of the market provides detailed qualitative and quantitative insights into five major regions (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa) and the coverage of major countries in each region. Asia-Pacific is expected to account for the largest share of 63.8% of the animal protein market in 2024, followed by North America, Europe, Latin America, and the Middle East & Africa. The large share of APAC is mainly attributed to the growing health consciousness among consumers, the growing food & beverage industry, rapid urbanization, and increasing awareness regarding the importance of protein-rich diets in the region. Furthermore, this region is projected to register the highest CAGR of 4.6% during the forecast period due to the technological advancements in China and India's food & beverage industries and population growth in the region.

Key Questions Answered in the Report:

What is the current revenue generated by the animal protein market globally?
At what rate is the demand for animal protein projected to grow for the next 5-7 years?
What are the historical market sizes and growth rates of the animal protein market?
What are the major factors impacting the growth of this market at the regional and country levels? What are the major opportunities for existing players and new entrants in this market?
Which segments, in terms of type, form, and application, are expected to create traction for the manufacturers in this market during the forecast period 2024-2031?
What are the key geographical trends in this market? Which regions/countries are expected to offer significant growth opportunities for the manufacturers operating in the animal protein market?
Who are the major players in the animal protein market? What are their specific product offerings in this market?
What are the recent strategic developments in the animal protein market? What are the impacts of these strategic developments on the market?

Scope of the Report:

Animal Protein Market Assessment-by Type

Dairy Protein
- Milk Protein
Milk Protein Concentrates
Milk Protein Isolates
Milk Protein Hydrolysates
- Whey Protein
Whey Protein Concentrates
Whey Protein Isolates
Whey Protein Hydrolysates
- Casein & Caseinates
Egg Protein
- Whole Egg Powder
- Egg White Powder
- Egg Yolk Powder
Gelatin
- Bovine Gelatin
- Porcine Gelatin
- Poultry Gelatin
- Others
Other Animal Proteins

Animal Protein Market Assessment-by Form

Solid
Liquid

Animal Protein Market Assessment-by Application

Food & Beverage
- Bakery & Confectionery
- Dairy Products
- Beverages
- Meat, Poultry, and Seafood
- Snacks & Cereals
- Other Foods
Nutritional Supplements
Animal Feed
Pet Food
Pharmaceuticals
Other Applications

Animal Protein Market Assessment-by Geography

North America
- U.S.
- Canada
Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Russia
- Netherlands
- Poland
- Belgium
- Austria
- Rest of Europe (RoE)
Asia-Pacific (APAC)
- China
- India
- Japan
- Australia
- South Korea
- Thailand
- Rest of Asia-Pacific (RoAPAC)
Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America (RoLATAM)
Middle East & Africa
- United Arab Emirates
- South Africa
- Saudi Arabia
- Rest of the Middle East & Africa (RoMEA)

Product Code: MRFB - 1041141

1. Introduction

1.1. Market Definition & Scope
1.2. Market Ecosystem
1.3. Currency
1.4. Key Stakeholders

2. Research Methodology

2.1. Research Approach
2.2. Process of Data Collection and Validation
- 2.2.1. Secondary Research
- 2.2.2. Primary Research/Interviews with Key Opinion Leaders of the Industry
2.3. Market Sizing and Forecast
- 2.3.1. Market Size Estimation Approach
- 2.3.2. Growth Forecast Approach
2.4. Assumptions for the Study

3. Executive Summary

3.1. Overview
3.2. Segmental Analysis
- 3.2.1. Animal Protein Market Analysis: by Type
- 3.2.2. Animal Protein Market Analysis: by Form
- 3.2.3. Animal Protein Market Analysis: by Application
3.3. Regional Analysis
3.4. Market Competitors & Competitive Landscape

4. Market Insights

4.1. Overview
4.2. Drivers
- 4.2.1. Rising Consumer Awareness Towards Nutritional Food
- 4.2.2. Increasing Demand for Health Supplements
- 4.2.3. Rising Population and Urbanization
- 4.2.4. Rising Need for Protein-rich Diets
4.3. Restraints
- 4.3.1. Growing Demand for Alternative Proteins
- 4.3.2 Milk Allergies and Lactose Intolerance
4.4. Opportunities
- 4.4.1. Emerging Economies
- 4.4.2. Technological Development in the Dairy Industry
4.5. Key Trends
- 4.5.1. Increasing Health and Wellness
- 4.5.2. Sustainable and Ethical Sourcing
4.6. Challenges
- 4.6.1. Increasing Consumer Awareness About the Benefits of Vegan Diet
4.7. Porter's Five Forces Analysis
- 4.7.1. Bargaining Power of Suppliers
- 4.7.2. Bargaining Power of Buyers
- 4.7.3. Threat of Substitutes
- 4.7.4. Threat of New Entrants
- 4.7.5. Degree of Competition
4.8. Pricing Analysis

5. Animal Protein Market Assessment-by Type

5.1. Overview
5.2. Dairy Protein
- 5.2.1. Milk Protein
  - 5.2.1.1. Milk Protein Concentrates
  - 5.2.1.2. Milk Protein Isolates
  - 5.2.1.3. Milk Protein Hydrolysates
- 5.2.2. Whey Protein
  - 5.2.2.1. Whey Protein Concentrates
  - 5.2.2.2. Whey Protein Isolates
  - 5.2.2.3. Whey Protein Hydrolysates
- 5.2.3. Casein & Caseinates
5.3. Egg Protein
- 5.3.1. Whole Egg Powder
- 5.3.2. Egg White Powder
- 5.3.3. Egg Yolk Powder
5.4. Gelatin
- 5.4.1. Bovine Gelatin
- 5.4.2. Porcine Gelatin
- 5.4.3. Poultry Gelatin
- 5.4.4. Others
5.5. Other Animal Proteins

6. Animal Protein Market Assessment-by Form

6.1. Overview
6.2. Solid
6.3. Liquid

7. Animal Protein Market Assessment-by Application

7.1. Overview
7.2. Food & Beverage
- 7.2.1. Bakery and Confectionery
- 7.2.2. Dairy Products
- 7.2.3. Beverages
- 7.2.4. Meat, Poultry, and Seafood
- 7.2.5. Snacks and Cereals
- 7.2.6. Other Foods
7.3. Nutritional Supplements
7.4. Animal Feed
7.5. Pet Food
7.6. Pharmaceuticals
7.7. Other Applications

8. Animal Protein Market Assessment-by Geography

8.1. Overview
8.2. North America
- 8.2.1 U.S.
- 8.2.2. Canada
8.3. Europe
- 8.3.1. Germany
- 8.3.2. France
- 8.3.3. U.K.
- 8.3.4. Italy
- 8.3.5. Spain
- 8.3.6. Russia
- 8.3.7. Netherlands
- 8.3.8. Poland
- 8.3.9. Belgium
- 8.3.10. Austria
- 8.3.11. Rest of Europe
8.4. Asia-Pacific
- 8.4.1. China
- 8.4.2. India
- 8.4.3. Japan
- 8.4.4. Australia
- 8.4.5. South Korea
- 8.4.6. Thailand
- 8.4.7. Rest of Asia-Pacific
8.5. Latin America
- 8.5.1. Brazil
- 8.5.2. Mexico
- 8.5.3. Argentina
- 8.5.4. Rest of Latin America
8.6. Middle East & Africa
- 8.6.1. United Arab Emirates
- 8.6.2. South Africa
- 8.6.3. Saudi Arabia
- 8.6.4. Rest of Middle East & Africa

9. Competition Analysis

9.1. Overview
9.2. Key Growth Strategies
9.3. Competitive Benchmarking
9.4. Competitive Dashboard
- 9.4.1. Industry Leaders
- 9.4.2. Market Differentiators
- 9.4.3. Vanguards
- 9.4.4. Emerging Companies

10. Company Profiles

10.1. Kerry Group plc
10.2. Arla Foods amba
10.3. Fonterra Co-operative Group Limited
10.4. Glanbia Plc
10.5. Royal FrieslandCampina N.V.
10.6. Groupe Lactalis S.A.
10.7. AMCO Proteins
10.8. Savencia Fromage & Dairy
10.9. Darling Ingredients Inc.
10.10. Hilmar Cheese Company, Inc.
10.11. Kewpie Corporation
10.12. Nitta Gelatin Inc.
10.13. Agropur Cooperative
10.14. Essentia Protein Solutions

(Note: SWOT Analysis of the Top 5 Companies Will Be Provided)

11. Appendix

11.1. Available Customization
11.2. Related Reports