
Report ID: SQMIG30H2038
Skyquest Technology's expert advisors have carried out comprehensive global market analysis on the hydrolyzed animal proteins market, covering regional industry trends and market insights. Our team of analysts have conducted in-depth primary and secondary research to provide regional industry analysis and forecast of hydrolyzed animal proteins market across North America, South America, Europe, Asia, the Middle East, and Africa.
North America dominated the Hydrolyzed Animal Proteins market share in 2021. The availability of modern technologies for the manufacture and processing of protein components as well as the presence of a thriving food sector are expected to support market expansion. Market expansion is probably encouraged by the rising popularity of high-protein diets. The second-largest economy in the world, China, is anticipated to reach a projected market size of US$114 million by the year 2028, growing at a CAGR of 8.2 percent from 2022 to 2028 due to rising consumer disposable income and declining production costs as a result of the introduction of new technologies. Additionally, a large consumer base and an abundance of raw materials in the area are anticipated to fuel market expansion.
Japan and Canada are two more notable geographic markets, with growth rates of 2.9% and 4.1%, respectively, predicted for each for the years 2022–2028.
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Report ID: SQMIG30H2038
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