Animal Protein Market, By Application (Animal Feeds, Dietary Supplements, Cosmetics & Personal Care, Food & Beverages, and Pharmaceuticals), By Source (Diary Proteins, Gelatin, Caseins, Egg Protein, Milk Protein Isolates (MPI), Whey Protein Isolates (WPI), Whey Protein Concentrates (WPC)) and By Geography (EU, NA, APAC, LATAM, and MEA) – Analysis, Size, Share, Trends, & Forecast from 2021-2027
REPORT HIGHLIGHT
The global animal protein market was valued at USD XX billion by 2019, growing with XX% CAGR during the forecast period, 2021-2027.
Animal proteins are used for the formation of protein particles in the food & beverages industry such as gelatin, fibroin, whey protein, egg proteins, and casein. The animal proteins had wide applicability in numerous industries including pharmaceuticals, personal care, animal feed, and dietary supplements.
Market Dynamics
The animal protein market across the globe is anticipated to witness healthy growth in the years to come owing to the increased consumer awareness towards a healthy lifestyle and the growing consumption of protein rich-foods in weight management and muscle building. The rising obesity cases worldwide is another key factor for the market growth in the near future. According to a recent report published in 2020 by the World Health Organization (WHO), more than 2 billion adults were overweight, and out of these 650 million were obese in 2016. Moreover, as per the same article, 38 million children less than the age of 5 were overweight or obese in 2019.
Furthermore, the rising disposable income worldwide along with increased per-capita spending on dietary supplements & pharmaceuticals are some of the factors for the global market growth in the near future. However, the volatile raw material prices along with stringent regulations for the use of animal proteins are the key factors anticipated to hamper the growth of the world animal protein market throughout the forecast period.
Application Takeaway
On the basis of application, the world animal protein market is further bifurcated into five key categories animal feeds, dietary supplements, cosmetics & personal care, food & beverages, and pharmaceuticals. The pharmaceutical category had a significant share in the global animal protein market in 2019 and accounted for over 25% of the global market revenue share in the same year. The increased use of animal proteins for the production of numerous pharmaceutical products such as gelatin, insulin, and others along with the increased demand for protein-rich medicines are the key factors for category growth.
Furthermore, the food & beverages category is estimated to witness healthy growth during the forecast period. This is mainly due to the increased use of animal protein in the food & beverages industry to meet global nutritional deficiencies.
Source Takeaway
Based on source, the global animal protein market is categorized into dairy proteins, gelatin, caseins, egg protein, milk protein isolates (MPI), whey protein isolates (WPI), and whey protein concentrates (WPC). The dairy products category accounted for a major share in the global animal protein market in 2019 and is estimated to have a significant share in the global market. The huge consumption of dairy products along with the rising demand for protein-rich foods are the key factors for the category growth in the near future.
On the other flip, the gelatin category is anticipated to witness substantial growth owing to the growing demand for gelatin in the pharmaceuticals and food & beverages industry.
Regional Takeaway
On the basis of geographical analysis, the global animal protein market is categorized into five regions North America, Europe, Asia Pacific (APAC), Latin America (LATAM), and Middle East & Africa (MEA). In 2019, North America accounted for the highest share in the global animal protein market and had more than 35% of the market revenue share in the same year. The increased consumer awareness for animal protein along with rising consumer spending are some other key factors for regional growth.
The Asia Pacific is estimated to witness significant growth during the forecast period due to the increased urbanization along with the growing consumer awareness for protein-rich foods. Moreover, increased health awareness in the region is further anticipated to enhance regional growth during the forecast period.
COVID-19 Impact
The COVID-19 pandemic had an enormous impact across numerous industries including oil & gas, manufacturing, electronics, supply chain, and others. To fight against the COVID-19 outbreak various countries such as India, the U.K., the U.S., Germany, and others had announced complete lockdown or partial lockdown due to which manufacturing industry across the globe is severely impacted. The COVID-19 pandemic had a severe impact on the global animal protein market. The demand for animal protein during the COVID-19 period has decreased due to fear among consumers. Furthermore, the halt in the manufacturing industry and supply chain had impacted the global animal protein market.
Key Vendor Takeaway
Some of the prominent players operating in the industry include Cargill Inc., Maple Leaf Foods, Valley Proteins Inc., Kerry Group, Tyson Foods, Gelita AG, Cooke Inc., Bovogen Biologicals Pty Ltd., Amco Proteins, Arla Foods, Omega Protein Corporation, Hamlet Protein A/S, Green Labs LLC, Dean Foods, and Sojaprotein among others.
The industry is highly fragmented in nature owing to the presence of a large number of major players at the global, regional, as well as country level. Apart from this, with the rising demand for animal protein, the industry participants have prominently adopted numerous market growth strategies such as merger & acquisition, collaboration, strategic partnerships, and product launches to retain its position on the world level. For instance, in August 2019, Cargill Inc. invested US$ 75 million in Puris. The investment by Cargill Inc. is anticipated to double the production of pea protein using an existing facility of 200,000 square feet in Dawson, Minn.
The market size and forecast for each segment and sub-segments has been considered as below:
- Historical Year – 2016 to 2018
- Base Year – 2019
- Estimated Year – 2020
- Projected Year – 2021 to 2027
TARGET AUDIENCE
- Manufacturers
- Raw Material Suppliers
- Distributors
- Software Vendors
- Research Organizations
- Consulting Firms
- Government and Regional Agencies
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
GLOBAL ANIMAL PROTEIN MARKET KEY PLAYERS
- Cargill Inc.
- Maple Leaf Foods
- Valley Proteins Inc.
- Kerry Group
- Tyson Foods
- Gelita AG
- Cooke Inc.
- Bovogen Biologicals Pty Ltd.
- Amco Proteins
- Arla Foods
- Omega Protein Corporation
- Hamlet Protein A/S
- Green Labs LLC
- Dean Foods
- Sojaprotein
GLOBAL ANIMAL PROTEIN MARKET, BY APPLICATION
- Animal Feeds
- Dietary Supplements
- Cosmetics & Personal Care
- Food & Beverages
- Pharmaceuticals
GLOBAL ANIMAL PROTEIN MARKET, BY SOURCE
- Diary Proteins
- Gelatin
- Caseins
- Egg Protein
- Milk Protein Isolates (MPI)
- Whey Protein Isolates (WPI)
- Whey Protein Concentrates (WPC)
GLOBAL ANIMAL PROTEIN MARKET, BY REGION
- North America
- The U.S.
- Canada
- Europe
- Germany
- France
- Italy
- Spain
- United Kingdom
- Rest of Europe
- Asia Pacific
- India
- China
- South Korea
- Japan
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
- The Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Rest of MEA
TABLE OF CONTENT
1. ANIMAL PROTEIN MARKET OVERVIEW
1.1. Study Scope
2. EXECUTIVE SUMMARY
2.1. Market Snippet
2.1.1. Market Snippet by Application
2.1.2. Market Snippet by Source
2.1.3. Market Snippet by Region
2.2. Competitive Insights
3. ANIMAL PROTEIN KEY MARKET TRENDS
3.1. Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. Market Opportunities
3.4. Market Future Trends
4. ANIMAL PROTEIN INDUSTRY STUDY
4.1. Porter’s Five Forces Analysis
4.2. Marketing Strategy Analysis
4.3. Growth Prospect Mapping
4.4. Regulatory Framework Analysis
5. ANIMAL PROTEIN MARKET: COVID-19 IMPACT ANALYSIS
5.1. Pre-COVID-19 Impact Analysis
5.2. Post-COVID-19 Impact Analysis
5.2.1. Top Performing Segments
5.2.2. Marginal Growth Segments
5.2.3. Top Looser Segments
5.2.4. Marginal Loss Segments
6. ANIMAL PROTEIN MARKET LANDSCAPE
6.1. Market Share Analysis, 2019
6.2. Key Innovators Analysis
6.3. Breakdown Data, by Key Manufacturer
6.3.1. Established Players’ Analysis
6.3.2. Emerging Players’ Analysis
7. ANIMAL PROTEIN MARKET – BY APPLICATION
7.1. Overview
7.1.1. Segment Share Analysis, By Application, 2020 & 2027 (%)
7.2. Animal Feeds
7.2.1. Overview
7.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
7.3. Dietary Supplements
7.3.1. Overview
7.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
7.4. Cosmetics & Personal Care
7.4.1. Overview
7.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
7.5. Food & Beverages
7.5.1. Overview
7.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
7.6. Pharmaceuticals
7.6.1. Overview
7.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
8. ANIMAL PROTEIN MARKET – BY SOURCE
8.1. Overview
8.1.1. Segment Share Analysis, By Source, 2020 & 2027 (%)
8.2. Dairy Proteins
8.2.1. Overview
8.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
8.3. Gelatin
8.3.1. Overview
8.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
8.4. Caseins
8.4.1. Overview
8.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
8.5. Egg Protein
8.5.1. Overview
8.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
8.6. Milk Protein Isolates (MPI)
8.6.1. Overview
8.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
8.7. Whey Protein Isolates (WPI)
8.7.1. Overview
8.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
8.8. Whey Protein Concentrates (WPC)
8.8.1. Overview
8.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
9. ANIMAL PROTEIN MARKET– BY GEOGRAPHY
9.1. Introduction
9.1.1. Segment Share Analysis, By Geography, 2020 & 2027 (%)
9.2. North America
9.2.1. Overview
9.2.2. Key Manufacturers in North America
9.2.3. North America Market Size and Forecast, By Country, 2016 - 2027 (US$ Billion)
9.2.4. North America Market Size and Forecast, By Application, 2016 - 2027 (US$ Billion)
9.2.5. North America Market Size and Forecast, By Source, 2016 - 2027 (US Billion)
9.2.6. U.S.
9.2.6.1. Overview
9.2.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
9.2.6.3. U.S. Market Size and Forecast, By Application, 2016 - 2027 (US$ Billion)
9.2.6.4. U.S. Market Size and Forecast, By Source, 2016 - 2027 (US$ Billion)
9.2.7. Canada
9.2.7.1. Overview
9.2.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
9.2.7.3. Canada Market Size and Forecast, By Application, 2016 - 2027 (US$ Billion)
9.2.7.4. Canada Market Size and Forecast, By Source, 2016 - 2027 (US$ Billion)
9.3. Europe
9.3.1. Overview
9.3.2. Key Manufacturers in Europe
9.3.3. Europe Market Size and Forecast, By Country, 2016 - 2027 (US$ Billion)
9.3.4. Europe Market Size and Forecast, By Application, 2016 - 2027 (US$ Billion)
9.3.5. Europe Market Size and Forecast, By Source, 2016 - 2027 (US$ Billion)
9.3.6. Germany
9.3.6.1. Overview
9.3.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
9.3.6.3. Germany Market Size and Forecast, By Application, 2016 - 2027 (US$ Billion)
9.3.6.4. Germany Market Size and Forecast, By Source, 2016 - 2027 (US$ Billion)
9.3.7. Italy
9.3.7.1. Overview
9.3.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
9.3.7.3. Italy Market Size and Forecast, By Application, 2016 - 2027 (US$ Billion)
9.3.7.4. Italy Market Size and Forecast, By Source, 2016 - 2027 (US$ Billion)
9.3.8. United Kingdom
9.3.8.1. Overview
9.3.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
9.3.8.3. United Kingdom Market Size and Forecast, By Application, 2016 - 2027 (US$ Billion)
9.3.8.4. United Kingdom Market Size and Forecast, By Source, 2016 - 2027 (US$ Billion)
9.3.9. France
9.3.9.1. Overview
9.3.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
9.3.9.3. France Market Size and Forecast, By Application, 2016 - 2027 (US$ Billion)
9.3.9.4. France Market Size and Forecast, By Source, 2016 - 2027 (US$ Billion)
9.3.10. Rest of Europe
9.3.10.1. Overview
9.3.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
9.3.10.3. Rest of the Europe Market Size and Forecast, By Application, 2016 - 2027 (US$ Billion)
9.3.10.4. Rest of the Europe Market Size and Forecast, By Source, 2016 - 2027 (US$ Billion)
9.4. Asia Pacific (APAC)
9.4.1. Overview
9.4.2. Key Manufacturers in Asia Pacific
9.4.3. Asia Pacific Market Size and Forecast, By Country, 2016 - 2027 (US$ Billion)
9.4.4. Asia Pacific Market Size and Forecast, By Application, 2016 - 2027 (US$ Billion)
9.4.5. Asia Pacific Market Size and Forecast, By Source, 2016 - 2027 (US$ Billion)
9.4.6. India
9.4.6.1. Overview
9.4.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
9.4.6.3. India Market Size and Forecast, By Application, 2016 - 2027 (US$ Billion)
9.4.6.4. India Market Size and Forecast, By Source, 2016 - 2027 (US$ Billion)
9.4.7. China
9.4.7.1. Overview
9.4.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
9.4.7.3. China Market Size and Forecast, By Application, 2016 - 2027 (US$ Billion)
9.4.7.4. China Market Size and Forecast, By Source, 2016 - 2027 (US$ Billion)
9.4.8. Japan
9.4.8.1. Overview
9.4.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
9.4.8.3. Japan Market Size and Forecast, By Application, 2016 - 2027 (US$ Billion)
9.4.8.4. Japan Market Size and Forecast, By Source, 2016 - 2027 (US$ Billion)
9.4.9. South Korea
9.4.9.1. Overview
9.4.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
9.4.9.3. South Korea Market Size and Forecast, By Application, 2016 - 2027 (US$ Billion)
9.4.9.4. South Korea Market Size and Forecast, By Source, 2016 - 2027 (US$ Billion)
9.4.10. Rest of APAC
9.4.10.1. Overview
9.4.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
9.4.10.3. Rest of APAC Market Size and Forecast, By Application, 2016 - 2027 (US$ Billion)
9.4.10.4. Rest of APAC Market Size and Forecast, By Source, 2016 - 2027 (US$ Billion)
9.5. Latin America
9.5.1. Overview
9.5.2. Key Manufacturers in Latin America
9.5.3. Latin America Market Size and Forecast, By Country, 2016 - 2027 (US$ Billion)
9.5.4. Latin America Market Size and Forecast, By Application, 2016 - 2027 (US$ Billion)
9.5.5. Latin America Market Size and Forecast, By Source, 2016 - 2027 (US$ Billion)
9.5.6. Brazil
9.5.6.1. Overview
9.5.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
9.5.6.3. Brazil Market Size and Forecast, By Application, 2016 - 2027 (US$ Billion)
9.5.6.4. Brazil Market Size and Forecast, By Source, 2016 - 2027 (US$ Billion)
9.5.7. Mexico
9.5.7.1. Overview
9.5.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
9.5.7.3. Mexico Market Size and Forecast, By Application, 2016 - 2027 (US$ Billion)
9.5.7.4. Mexico Market Size and Forecast, By Source, 2016 - 2027 (US$ Billion)
9.5.8. Argentina
9.5.8.1. Overview
9.5.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
9.5.8.3. Argentina Market Size and Forecast, By Application, 2016 - 2027 (US$ Billion)
9.5.8.4. Argentina Market Size and Forecast, By Source, 2016 - 2027 (US$ Billion)
9.5.9. Rest of LATAM
9.5.9.1. Overview
9.5.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
9.5.9.3. Rest of LATAM Market Size and Forecast, By Application, 2016 - 2027 (US$ Billion)
9.5.9.4. Rest of LATAM Market Size and Forecast, By Source, 2016 - 2027 (US$ Billion)
9.6. Middle East and Africa
9.6.1. Overview
9.6.2. Key Manufacturers in Middle East and Africa
9.6.3. Middle East and Africa Market Size and Forecast, By Country, 2016 - 2027 (US$ Billion)
9.6.4. Middle East and Africa Market Size and Forecast, By Application, 2016 - 2027 (US$ Billion)
9.6.5. Middle East and Africa Market Size and Forecast, By Source, 2016 - 2027 (US$ Billion)
9.6.6. Saudi Arabia
9.6.6.1. Overview
9.6.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
9.6.6.3. Saudi Arabia Market Size and Forecast, By Application, 2016 - 2027 (US$ Billion)
9.6.6.4. Saudi Arabia Market Size and Forecast, By Source, 2016 - 2027 (US$ Billion)
9.6.7. United Arab Emirates
9.6.7.1. Overview
9.6.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
9.6.7.3. United Arab Emirates Market Size and Forecast, By Application, 2016 - 2027 (US$ Billion)
9.6.7.4. United Arab Emirates Market Size and Forecast, By Source, 2016 - 2027 (US$ Billion)
9.6.8. Rest of MEA
9.6.8.1. Overview
9.6.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
9.6.8.3. Rest of MEA Market Size and Forecast, By Application, 2016 - 2027 (US$ Billion)
9.6.8.4. Rest of MEA Market Size and Forecast, By Source, 2016 - 2027 (US$ Billion)
10. KEY VENDOR ANALYSIS
10.1. Competitive Dashboard
10.2. Company Profiles
10.2.1. Cargill Inc.
10.2.1.1. Company Snapshot
10.2.1.2. Financial Performance
10.2.1.3. Application Benchmarking
10.2.1.4. Strategic Initiatives
10.2.2. Maple Leaf Foods
10.2.3. Valley Proteins Inc.
10.2.4. Kerry Group
10.2.5. Tyson Foods
10.2.6. Gelita AG
10.2.7. Cooke Inc.
10.2.8. Bovogen Biologicals Pty Ltd.
10.2.9. Amco Proteins
10.2.10. Arla Foods
10.2.11. Omega Protein Corporation
10.2.12. Hamlet Protein A/S
10.2.13. Green Labs LLC
10.2.14. Dean Foods
10.2.15. Sojaprotein
11. 360 DEGREE ANALYST VIEW
12. APPENDIX
12.1. Research Methodology
12.2. References
12.3. Abbreviations
12.4. Disclaimer
12.5. Contact Us
