Animal Protein Ingredients Market to be Worth $46.04 billion by 2027- Exclusive Report Covering Pre and Post COVID-19 Market Analysis and Forecasts by Meticulous Research®

REDDING, Calif., April 8, 2021 /PRNewswire/ -- According to a new market research report titled "Animal Protein Ingredients Market by Type (Dairy Protein (Milk Protein, Whey Protein, Casein Protein), Egg Protein, Gelatin) and Application (Food and Beverages, Animal Feed, Nutritional Supplements, Pharmaceuticals) -Global Forecast to 2027", the animal protein ingredients market is expected to grow at a CAGR of 6.1% from 2020 to 2027 to reach $46.04 billion by 2027.

Download Free Sample Report Now @ https://www.meticulousresearch.com/download-sample-report/cp_id=5182

Animal protein ingredients are extracted majorly from dairy to placate nutritional, organoleptic, and functional needs. Initially, dairy ingredients were produced as stabilizing milk components (proteins and fat). However, the development in consumer spending has resulted in an increased demand for animal protein ingredients. Animal protein ingredients are highly valued in the food industry and are considered essential ingredients for industrial and functional application. The growing consumer concerns about health and the perception that diet directly affects health are sharply propelling nutritional food demand.

The healthy eating trend is gaining traction and evoking the population's interest, which is significantly driving the development of healthy food formulation. Moreover, the increased urbanization has led to high disposable income and demand for high-quality dairy products, which has stimulated the infrastructure of cold chains, transportation facilities, and R&D centers that further support the quality, innovation, and shelf life of animal-based ingredients.

The animal protein ingredients market is mainly segmented based on type, application, and geography. The study also evaluates industry competitors and analyses the market at a country level.

Covid-19 Impact on the Animal Protein Ingredients Market

The COVID-19 pandemic has been a significant disruptor in 2020, causing the attention to shift animal-based product supply and food security across the globe. The COVID-19 affected the animal protein ingredients sector in three main ways: by directly affecting production and demand, disrupting the supply chain, and impacting on investment sector. The animal protein ingredients market is experiencing a positive impact mainly due to the key role of protein in immune system health. During the pandemic, individuals have become highly focused on boosting immunity and reducing weight, increasing the demand for protein ingredients. However, this industry has faced some challenges from the manufacturing and distribution point of view. As the global population is entering the recovery phase of COVID-19, stakeholders across animal protein ingredient categories have started to adapt to the new normal.

Speak to our Analysts to Understand the Impact of COVID-19 on Your Business: https://www.meticulousresearch.com/speak-to-analyst/cp_id=5182

However, during the lockdown, the outbreak has led to massive disruptions in supply chains and caused demand-based fluctuations in raw material prices, which may increase animal protein ingredient prices. The COVID-19 outbreak followed by lockdowns, has significantly affected the customer purchase of highly processed food products. Moreover, the closure of offices, sports clubs, and gyms resulted in the decreased sale of health supplements, beverages, and personal care products. This hampered the demand for animal protein ingredients for some duration in 2020. However, the overall demand has increased with a focus on the consumption of protein-rich diets.

Key Findings in the Animal Protein Ingredients Market Study:

Based on type, the animal protein ingredients market is segmented into dairy proteins, egg proteins, and gelatin. The dairy proteins segment accounted for the largest share of the overall animal protein ingredients market in 2020. This segment's leading position is mainly attributed to its huge demand in the food processing industry due to its versatile functionality. Its consumption is rapidly increasing in protein bars, meal replacement powder, high protein clinical formulation, and dietetic products. Additionally, the rising trend of healthy snacking culture and expansion of active nutrition will further contribute to the rapid growth of the dairy proteins segment.

Based on application, the animal protein ingredients market is mainly segmented into food and beverages, nutritional supplements, animal feed, pharmaceuticals, and others. The food and beverage segment accounted for the largest share of the overall animal protein ingredients market in 2020. The large share of this market is mainly attributed to the rising acceptance of sugar-free, healthy, and functional ingredient-based processed food products across the globe and growing awareness and demand for protein-rich food and beverage products.

Quick Buy – Animal Protein Ingredients Market Research Report: https://www.meticulousresearch.com/Checkout/89612110 

Geographically, Europe accounted for the largest share of the global animal protein ingredients market in 2020, followed by North America, Asia-Pacific, Latin America, and the Middle East & Africa. Demand for animal protein ingredients in Europe is majorly driven by growing innovation, increasing number of people consuming a healthy diet, and presence of a large number of animal protein ingredient manufacturers. However, the Asia-Pacific animal protein ingredients market is expected to grow at the highest CAGR during the forecast period. Factors driving the growth of this market include the increasing purchasing power of the middle-class population, expanding infant nutrition industry due to decreasing breastfeeding rate, growing foreign investment, and increasing demand for western dairy products, such as yogurt, fermented milk, and artisan dairy products.

The key players operating in the global animal protein ingredients market are Kerry Group (Ireland), Arla Foods amba (Denmark), Fonterra Co-Operative Group Limited (New Zealand), Royal FrieslandCampina N.V. (The Netherlands), Saputo Inc (Canada), Sodilaal International (France), Lactalis Group (France), AMCO Proteins (U.S.), Glanbia plc (Ireland), Hilmar Ingredients (U.S.), Cargill, Incorporated (U.S.), Kewpie Corporation (Japan), Savencia SA (France), and Agropur Cooperative (Canada) among others.

To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/animal-protein-ingredients-market-5182

Scope of the report

Animal Protein Ingredients Market, by Type                

• Dairy Proteins
• Milk Proteins
• Milk Protein Concentrate
• Milk Protein Isolates
• Milk Protein Hydrolysates
• Whey Proteins
• Whey Protein Concentrate
• Whey Protein Isolates
• Whey Protein Hydrolysates
• Casein and Caseinates
• Egg Protein
• Gelatin
• Other Animal Protein

Animal Protein Ingredients Market, by Application

• Food and Beverages
• Nutritional Supplements
• Animal Feed
• Pharmaceutical
• Others

Animal Protein Ingredients Market, by Geography

• North America
• U.S.
• Canada
• Europe
• Germany
• U.K.
• France
• Italy
• Spain
• Rest of Europe
• Asia-Pacific (APAC)
• China
• India
• Japan
• Australia
• Rest of Asia-Pacific
• Latin America
• Middle East and Africa

Download Free Sample Report Now @ https://www.meticulousresearch.com/download-sample-report/cp_id=5182

Amidst this crisis, Meticulous Research^® is continuously assessing the impact of COVID-19 pandemic on various sub-markets and enables global organizations to strategize for the post-COVID-19 world and sustain their growth. Let us know if you would like to assess the impact of COVID-19 on any industry here- https://www.meticulousresearch.com/custom-research

Related Reports:

Protein Ingredients Market by Type (Animal Protein, Plant Protein, Insect Protein, Microbial Protein), Form (Dry, Liquid), and Application (Food & Beverage, Animal Feed, Nutritional Supplements, Pharmaceuticals, Cosmetics)—Global Forecast to 2027

https://www.meticulousresearch.com/product/protein-ingredients-market-5173

Dairy Ingredients Market by Product (Milk Powder, Milk Protein, Whey Protein, Lactose and Derivatives, Casein Protein), Source (Milk Based, Whey Based), Production Method (Traditional, Membrane separation), Application (Bakery and Confectionery, Dairy Products, Infant Milk Formula, Sports Supplements, Paediatrics, Medical Nutrition) - Global Forecast to 2027

https://www.meticulousresearch.com/product/dairy-ingredients-market-4994

Alternative Protein Market by Stage/Type (Emerging Alternative Protein, Adolescent Alternative Protein, Matured Alternative Protein), Application (Plant-Based Products, Insect-Based Products, Microbial Products) - Global Forecast to 2027

https://www.meticulousresearch.com/product/alternative-protein-market-4985

About Meticulous Research®

Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze and present the critical market data with great attention to details. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth.

Contact:

Mr. Khushal Bombe
Meticulous Market Research Inc.
1267 Willis St, Ste 200 Redding, 
California, 96001, U.S.
USA: +1-646-781-8004
Europe : +44-203-868-8738
APAC: +91 744-7780008
Email- sales@meticulousresearch.com 
Visit Our Website: https://www.meticulousresearch.com/
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research
Content Source: https://www.meticulousresearch.com/pressrelease/401/animal-protein-ingredients-market-2027 

Logo: https://mma.prnewswire.com/media/1213534/Meticulous_Research_Logo.jpg