The animal-based protein ingredients market features versatile applications in the food and beverage industry, pet food, and animal feed. These ingredients, derived from sources such as meat, dairy, and eggs, offer high-quality protein content. Key market players include Cargill, Tyson Foods, Kerry Group, and Darling Ingredients. They lead by providing various animal-based protein ingredients that enhance the nutritional profile of a wide range of products, from protein bars to pet food, catering to the growing global demand for protein-rich, nutritious items.
According to Data Bridge Market Research, the Global Animal Based Protein Ingredients Market growing at a CAGR of 4.55% in the forecast period of 2022-2029.
“Rising consumer awareness boost the market’s growth”
A significant driver in the animal-based protein ingredients market is the rising consumer awareness of the nutritional benefits of animal-derived proteins. As more consumers prioritize protein-rich diets and seek healthier food options, there is a growing demand for products containing animal-based proteins. This trend has prompted manufacturers to incorporate these ingredients into various food and beverage products, meeting consumer preferences and driving the market's growth as a result.
What restraints the growth of the global animal based protein ingredients market?
“Increasing global adoption of veganism restraints the market’s growth”
The increasing global adoption of veganism presents a significant restraint for the animal-based protein ingredients market. As the vegan population rises, there is a growing preference for plant-based protein sources, driven by ethical, environmental, and health considerations. This shift in dietary choices limits the potential consumer base for animal-based protein ingredients and necessitates innovation in plant-based alternatives, challenging the traditional dominance of animal-derived protein ingredients in the market.
Segmentation: Global Animal Based Protein Ingredients Market
The global animal based protein ingredients market is segmented on the basis of source, application, type, functionality, and form.
- On the basis of source, the animal based protein ingredients market is segmented into fish and meat.
- On the basis of applications, the animal based protein ingredients market is segmented into feed industry, pet food industry, pharmaceutical industry, dietary supplements, food and beverage, and infant food.
- On the basis of type, the animal based protein ingredients market is segmented into gelatin, egg protein, dairy protein, and others.
- On the basis of functionality, the animal based protein ingredients market is segmented into emulsification and stabilizing, foaming, gelation, nutrition, and others.
- On the basis of form, animal based protein ingredients market is segmented into isolate, concentrate, and hydrolysate.
Regional Insights: Asia-Pacific is expected to dominate the Global Animal Based Protein Ingredients Market
Asia-Pacific is expected to grow rapidly during the forecast period owing to the rising population and urbanisation, industrial growth, sustainable food protein sources, advancement in food processing technologies, changing economies, and increased interest in protein-rich vegetarian meals and diets are all contributing to the region's rapid rise.
To know more about the study visit, https://www.databridgemarketresearch.com/reports/global-animal-based-protein-ingredients-market
The Prominent Key Players Operating in the Global Animal Based Protein Ingredients Market Include:
- Croda International Plc (U.K.)
- OCEANA GROUP LIMITED (South Africa)
- Omega Protein Corporation (U.S.)
- Calysta, Inc. (U.S.)
- Austevoll Seafood (Norway)
- Pioneer Fishing (South Africa)
- The Scoular Company (U.S.)
- Aker Biomarine Antarctic AS (Norway)
- Animalfeeds International Corporation (Philippines)
- Alpha Atlantique (France)
- NOVUS INTERNATIONAL (U.S.)
- ADM Animal Nutrition (U.S.)
- GELITA AG (Germany)
- Bovogen Biologicals Pty Ltd. (Australia)
- Novozymes (Denmark)
- Sonac (Netherlands)
- BHJ (Denmark)
- Valley Proteins, Inc. (U.S.)
- Dean Foods (U.S.)
- ADM (U.S.)
- DuPont (U.S.)
- Nutro Products Inc. (U.S.)
- Hill's Pet Nutrition (U.S.)
- Lafeber Co. (U.S.)
Above are the key players covered in the report, to know about more and exhaustive list of global animal based protein ingredients market companies contact, https://www.databridgemarketresearch.com/contact
Research Methodology: Global Animal Based Protein Ingredients Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.
