Global Animal Protein Ingredients Market By Type ( Egg Protein, Gelatin, Dairy Protein ), By Application( Feed Industry, Pet Food Industry, Pharmaceutical Industry, Dietary Supplements, Food Industry ), By Region and Key Companies - Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2023-2033

The global animal protein ingredients market was valued at USD 41.8 Billion in 2023. It is projected to grow at a CAGR of 6% by 2033. Protein is vital for animals’ physiological functions, including weight gain, growth performance, overall health, and overall well-being. The plant-derived proteins can be distinguished from animal-derived proteins. Animal protein is a protein component that comes from animals such as eggs, milk, fish, or other sources. Animal protein is used extensively as a foaming and emulsifier and other additives in the food and beverage, cosmetics, and nutraceutical industries.

Growing Demand

Animal protein ingredients are mostly used for human consumption. It has been found that animals and humans have better digestion than protein from plants or microbes. This advantage is a benefit for the animal protein ingredients market, over other proteins.

Because a large portion of animal-based protein ingredients is obtained from animal by-products, the meat industry is responsible for the market’s growth. Animal proteins are an abundant source of nutrients, and they are considered whole foods. This is also a contributing factor to the market growth.

Fishmeal, an important source of animal protein ingredients, is also helping to grow the market for animal protein ingredients. This can be attributed in part to the expanding aquaculture industry. The trend toward sustainable production of meat and animal feed is being closely followed around the globe and contributes to the market for animal protein ingredients.

However, more people are choosing to eat vegan or vegetarian foods for their health, which may limit the growth of the market for animal protein ingredients.

Animal Protein Market Scope:

Type, the market is segmented into Whey Protein, Casein and Caseinates, Milk Protein, Egg Protein, and Gelatin. By Application, the market is divided into Bakery and Confectionery, Meat and Meat Products, Animal Feed, and Others.

Based on geography, the market is analyzed across North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa. Major players profiled in the report include Tyson Foods, Thai Union, Charoen Pokphand Indonesia, and Japfa.

Key Market Segments

Type

Whey Protein

Casein and Caseinates

Milk Protein

Egg Protein

Gelatin

Application

Feed Industry

Pet Food Industry

Pharmaceutical Industry

Dietary Supplements

Food Industry

Key Market Players included in the report:

Omega Protein Corporation

Gelita

Bovogen biologicals

Novozymes

BHJ A/S

Sonac

Valley Proteins

Driver:

In recent years, nutritious foods have played a significant role in healthy lifestyles due to consumer concerns about their health and the belief that nutrition can directly impact health. According to an NIH-funded study, a healthy diet can improve overall health and reduce the incidence of type 2 diabetes and stroke. A healthy eating trend, especially the protein diet, is growing in popularity and drawing public attention. This has significantly accelerated the development of healthier food formulations. For healthy food compositions, animal protein components are becoming an essential component of the food processing industry.

Dairy components are used in the production of fundamental food compositions, such as calcium enrichment and fat reduction. The milk minerals concentrate is used for increasing the calcium content in yogurts, dairy drinks, cheese spreads, and other food products. Whey protein also promotes fat globules which result in low-fat cheeses, sweets, and ice creams. The market for animal protein ingredients is growing because of increasing consumer awareness about the nutritional value and benefits of food.

Restraints:

Modernization has led to a shift in consumer behavior and eating habits. Because there are so many alternatives, consumers are shifting away from dairy products to non-dairy options. Every non-dairy dairy milk has a unique nutritional profile with different levels of protein, carbohydrate, and fat, as well as vitamins, minerals, and other nutrients. Because it is easier than regular milk to digest, plant-based milk promotes digestive well-being. Non-dairy milk can also be gluten-free which is very beneficial for people with celiac disease and non-celiac gluten sensitivities. Due to personal limitations, many consumers prefer dairy substitutes to dairy products. This has limited the demand for animal protein sources.

Global Animal Protein Ingredients Key Market Trends:

The growth of the Global Animal Protein Ingredients market is aided by the increasing aquaculture sector, which makes fishmeal a major source of animal protein components. The trend towards sustainable meat and feed production across the globe is also being pursued, which contributes to the Global Animal Protein Ingredients Market as a macroeconomic element. However, people are turning more to vegetarian and vegan sources of protein for health reasons. This could limit the growth of the animal protein ingredient industry.

Recent Developments

Darling Ingredients Inc. was the world’s most prominent producer of decarbonization products and a company that transforms animal and food byproducts into specialty feed ingredients. In August 2022, FASA Group, Brazil’s largest independent rendering firm, was acquired by Darling Ingredients Inc.

Arla officially opened a new production facility at Pronsfeld’s German dairy in May 2022. This represents Arla’s largest dairy investment. It will help address the growing demand worldwide for high-quality, affordable, and nutritious dairy products. Arla has allocated EUR 190 million to expand its Pronsfeld dairy.