Global Animal Protein Ingredients Market Growth 2023-2029

Global Animal Protein Ingredients Market Growth 2023-2029

Proteins extracted from various sources have become a necessity in the food and pharmaceutical industry. There are various sources from which proteins are extracted- plants, animals, eggs, and microbes. The animal protein ingredients include bone meal, blood meal, fish meal, feather meal, etc. They are usually derived from animal by-products. The products like hydrolase collagen and fish oil are very much dependent on the animal protein ingredients market. The animals are a much richer source of proteins and hence, the animal protein ingredients market lever an advantage and growth over its parallel industry, that is, plant-based proteins.

LPI (LP Information)' newest research report, the “Animal Protein Ingredients Industry Forecast” looks at past sales and reviews total world Animal Protein Ingredients sales in 2022, providing a comprehensive analysis by region and market sector of projected Animal Protein Ingredients sales for 2023 through 2029. With Animal Protein Ingredients sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Animal Protein Ingredients industry.

This Insight Report provides a comprehensive analysis of the global Animal Protein Ingredients landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Animal Protein Ingredients portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Animal Protein Ingredients market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Animal Protein Ingredients and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Animal Protein Ingredients.

The global Animal Protein Ingredients market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

The animal protein ingredients are mainly used for consumption and it is found that both animals and humans show better digestibility than other protein derived from other sources such as plants and microbes. This is an advantage for the animal protein ingredients market over proteins manufactured from other sources. The evident growth for the animal protein ingredients market is evaluated by the growing meat industry because a large share of the animal-based proteins is obtained from the animal by-products from the slaughterhouse industry. The scientific fact that the animal proteins are a more abundant source of nutrients and are considered a whole food as compared to plant and other sourced proteins, also contribute to the growth of the animal protein ingredients market. Also, fishmeal which is an important source of animal protein ingredients, also promote the growth of the animal protein ingredients market, which can be attributed to the growing aquaculture industry. Also, the trend of the sustainable mode of production of meat and feed is being followed across the world and contributes to the animal protein ingredients market as a macroeconomic factor. On the other hand, people are opting for more and more vegan and vegetarian sources for health benefits, and this may hinder the growth of the animal protein ingredients market.

This report presents a comprehensive overview, market shares, and growth opportunities of Animal Protein Ingredients market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Egg Protein
Gelatin
Dairy Protein

Segmentation by application
Feed
Pet Food
Pharmaceutical
Dietary Supplements
Food

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Omega Protein Corporation
Gelita
Bovogen biologicals
Novozymes
BHJ A/S
Sonac
Valley Proteins

Key Questions Addressed in this Report

What is the 10-year outlook for the global Animal Protein Ingredients market?

What factors are driving Animal Protein Ingredients market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Animal Protein Ingredients market opportunities vary by end market size?

How does Animal Protein Ingredients break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.