The global animal protein market size was valued at US$ 9.16 billion in 2021. The global animal protein market is forecast to grow to US$ billion by 2030 by registering a compound annual growth rate (CAGR) of 3.49% during the forecast period from 2022 to 2030.

Animal proteins, such as dairy protein, gelatin, egg protein, etc., serve as a thickening agent, foaming agent, carrier, gelling agent, and texturizer in a variety of food, cosmetic, and nutraceutical preparations. They're also used in animal feed.

Factors Influencing the Market

Growing demand for proteins as nutritional and functional ingredients will fuel the growth of the animal proteins market. In addition to that, changing lifestyles and rising demand for protein-rich diets will benefit the animal proteins market.

Stringent food regulations may limit the growth of the global animal proteins market. On the contrary, growing health concerns and the introduction of new protein supplements will drive the market forward.

The product finds a wide range of applications in the pharmaceuticals and cosmetics industry. The rising demand for novel drugs and increasing adoption of cosmetics products will contribute to the growth of the global animal protein market during the study period.

COVID-19 Impact Analysis

The demand for animal protein remained the same in the pharmaceutical industry. In addition, the supplement industry also witnessed steady growth as the gyms were all closed. In addition, demand for protein-rich diets increased drastically, which drove the demand for protein supplements along. The pharmaceuticals industry witnessed a substantial jump in terms of revenue. As a result, it had been beneficial for the global animal protein market.

Regional Analysis

Globally, Asia-Pacific is expected to experience rapid growth in the animal protein markets in terms of value sales during the forecast period. demand for animal protein will increase drastically due to the growing awareness about the health benefits of a protein-rich diet. In addition to that, animal protein is widely used in the making of food and beverage in various countries. In addition to that, rising awareness of dairy protein as a sports or refreshment drink will surge the demand for animal proteins in the coming years. It is also used as an ingredient in skincare products, which has recently gained popularity. China is the Asia-largest Pacific consumer of dairy protein, followed by Japan and Australia. Furthermore, the region's development of the cosmetics and personal care industries will propel the demand for egg proteins during the study period.

Competitors in the Market

Arla Foods Inc.
Cargill, Inc.
Archer Daniels Midland Company
Darling Ingredients Inc.
Nitta Gelatin Inc.
PeterLabs Holdings
Shenzhen Taier
Kerry Group plc.
The Kewpie Group
Trobas Gelatine B.V.
Other Prominent Players
Market Segmentation

The global animal proteins market segmentation focuses on Product, Form, Application, and Region.

By Product Outlook

Egg protein
Dairy protein
Fish protein
Gelatin
By Form Outlook
Solid
Liquid
By Application Outlook

Food & beverages
Bakery
Beverages
Breakfast Cereals
Condiments/Sauces
Confectionery
Dairy and Dairy Alternative Products
RTE/RTC Food Products
Snacks
Pharmaceuticals & Nutraceuticals
Cosmetics and Personal care
Feed
By Regional Outlook

North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America