What is the global market size of Animal Protein Ingredients Market?

Animal Protein Ingredients Market size was valued at USD 44.08 billion in 2021 and is poised to grow from USD 46.57 billion in 2022 to USD 72.6 billion by 2030, growing at a CAGR of 5.7% in the forecast period (2023-2030).

Who are the key vendors in the Global Animal Protein Ingredients Market?

The animal protein ingredients market is extremely competitive, and the businesses with the largest market shares dominate the food ingredients sector. Geographical growth, product innovation, and mergers and acquisitions are some of the key tactics employed by firms participating in the animal protein ingredients market. 'Cargill Incorporated', 'Archer Daniels Midland Company', 'Darling Ingredients Inc.', 'Gelita AG', 'Kerry Group', 'DowDupont Inc.', 'Tyson Foods Inc.', 'Omega Protein Corporation', 'FrieslandCampina DMV', 'Fonterra Co-operative Group Limited', 'Amco Proteins', 'Kewpie Corporation', 'Bunge Limited', 'Burcon NutraScience Corporation', 'Tessenderlo Group', 'Proliant Meat Ingredients', 'BRF S.A.', 'InVivo Animal Nutrition and Health', 'Euroduna Food Ingredients GmbH', 'AGRANA Beteiligungs-AG'

Animal Protein Ingredients Market Size

Animal Protein Ingredients Market Insights

Global Animal Protein Ingredients Market size was valued at USD 51.1 billion in 2023 and is poised to grow from USD 54.01 billion in 2024 to USD 84.16 billion by 2032, growing at a CAGR of 5.7% during the forecast period (2025-2032).

Protein is essential for supporting crucial physiological processes in animals, such as weight increase, growth performance, and overall health. Plant-derived proteins are distinguished from animal-derived proteins. Animal protein is a type of protein component originating from animal sources such as egg, dairy, fish, and others. Animal protein is widely utilised as a foaming agent, emulsifier, and other additives in the food and beverage, cosmetics, and nutraceuticals sectors. There are several types of animal protein in the market, including egg protein, fish protein, gelatin, and dairy protein. Rise in demand for newborn formula stimulates the market growth such as dairy protein. Furthermore, increased demand for animal protein from the cosmetics and personal care industries is likely to provide significant potential opportunities for the animal protein ingredients market during the forecast period. Animal-derived protein generated from rendered animals improves meal palatability while lowering animal production costs.

The pet food market is thriving across the world, which is predicted to enhance demand for animal protein in the food production industry. Consumer demand for animal protein in diets is growing as people become more aware of its health advantages.

US Animal Protein Ingredients Market is poised to grow at a sustainable CAGR for the next forecast year.

FAQs

The animal protein ingredients market is extremely competitive, and the businesses with the largest market shares dominate the food ingredients sector. Geographical growth, product innovation, and mergers and acquisitions are some of the key tactics employed by firms participating in the animal protein ingredients market. 'Darling Ingredients Inc. (USA)', 'GELITA AG (Germany) ', 'Kerry Group plc (Ireland) ', 'Archer Daniels Midland Company (ADM) (USA) ', 'Cargill, Incorporated (USA) ', 'Arla Foods amba (Denmark) ', 'Fonterra Co-operative Group Limited (New Zealand) ', 'Groupe Lactalis (France) ', 'Hilmar Cheese Company Inc. (USA) ', 'BRF Global (Brazil) ', 'The Scoular Company (USA) ', 'Nitta Gelatin Inc. (Japan) ', 'Royal FrieslandCampina NV (Netherlands) ', 'Savencia Fromage & Dairy (France) ', 'Agrial Enterprise (France) ', 'Jellice Pioneer Private Limited (Singapore) ', 'DuPont (USA) ', 'Rousselot (France) (part of Darling Ingredients) ', 'Tessenderlo Group (Belgium) ', 'Kewpie Corporation (Japan)'

Due to rising consumer concern about health and the belief that nutrition has a direct impact on health, the emergence of nutritious foods has played an important role in healthy behaviours in recent years. A healthy diet improves overall health and decreases the prevalence of heart disease, stroke, and type 2 diabetes, according to the NIH-funded study. As a result, a healthy eating trend, particularly the protein diet trend, is gaining traction and gaining public attention, significantly propelling the development of healthful food formulation. Animal protein components are emerging as an important component in the food processing industry for healthy food compositions. Dairy components, for example, aid in fundamental food formulations such as calcium enrichment, fat reduction, and salt reduction. Milk minerals concentrate is used to increase the calcium content of yoghurt, dairy drinks, cheese spread, and other food products. Furthermore, whey protein promotes fat globules, resulting in low-fat yoghurts, cheese, sweets, and ice cream. As a result, rising consumer knowledge about the nutritional value of food is propelling the animal protein ingredients market.

Fishmeal, a significant source of animal protein components, contributes to the expansion of the Global Animal Protein Ingredients Market, which may be linked to the expanding aquaculture sector. Furthermore, the trend of sustainable meat and feed production is being pursued across the world, which adds to the Global Animal Protein Ingredients Market as a macroeconomic component. People, on the other hand, are increasingly turning to vegan and vegetarian sources for health reasons, which may stifle the expansion of the animal protein ingredients industry.

In 2021, Europe was the largest market for animal protein ingredients, followed by North America, Asia-Pacific, Latin America, and the Middle East and Africa. The major proportion of the market is mostly attributable to increased innovation, an increasing number of people demanding a healthy diet, the presence of a large number of animal protein component providers, and rising demand for functional additives.