Industry Background:
Animal protein refers to the protein derived from animals. There are many sources of animal protein like meat, eggs, and milk. Animal protein is the highest quality protein source for humans. Animal proteins, such as casein, whey protein, gelatin, egg proteins, and fibroin, are commonly used in the food industry to create protein particles. Because of their high nutritional content and outstanding material performance, whey proteins are commonly used in the food industry. As the demand for protein is increasing; the demand for animal protein is also increasing.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Rousselot (France), Danone (France), Archer Daniels Midland Company (United States), Burcon (Canada), Tessenderlo Group (Belgium), Kewpie Corporation (Japan), Roquette Frères (France), The Scoular Company (United States), CHS Inc. (United States) and International Flavors and Fragrances Inc. (United States) |
This growth is primarily driven by Need to Complete Daily Protein Intake of The Body and Increasing Demand of Animal Protein as Food Manufacturers Trying to Increase The Nutritional Value Of Their Product.
Globally, a noticeable market trend is evident Adoption of Animal Protein as A Supplement for Athletes
Major Vendors, such as Rousselot (France), Danone (France), Archer Daniels Midland Company (United States), Burcon (Canada), Tessenderlo Group (Belgium), Kewpie Corporation (Japan), Roquette Frères (France), The Scoular Company (United States), CHS Inc. (United States) and International Flavors and Fragrances Inc. (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. There are a wide variety of companies in this market, from public limited to private limited and from small-cap to large-cap. However, few companies are innovating rapidly in this market. Regional players have the upper hand in this market. North American and Europe have the largest share of the market but this is rapidly changing due to the increasing middle class in the Asia Pacific. The rise of plant-based protein and growing vegans are threats to this market.
Key Developments in the Market:
In February 2021, IFF completed merger with DuPont’s Nutrition & Biosciences business, DuPont continued operate under the name IFF. This merger done with one-time USD 7.3 billion cash payment. This helped international flavors and fragrances Inc. to expand its presence in animal protein market
Influencing Trend:
Adoption of Animal Protein as A Supplement for Athletes and Growing Research Confirming the Safety of Whey Protein
Market Growth Drivers:
Need to Complete Daily Protein Intake of The Body and Increasing Demand of Animal Protein as Food Manufacturers Trying to Increase The Nutritional Value Of Their Product
Challenges:
Availability of Plant-Based Protein as An Alternative to Animal Protein
Restraints:
Growing Number of Vegan Populations Hindering the Animal Protein Market
Opportunities:
Rising Awareness About Health Will Increase the Demand of Animal Protein and Growing Consumption of Animal Protein from Developing Countries Will Boost Its Demand
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Animal Protein Market
- Analysis about New Entrants in Animal Protein Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Animal Protein Study Sheds Light on
The Animal Protein Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Animal Protein industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Animal Protein industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.