Animal Protein Market Size 2021 Research by Trends, Growth Rate and Future Scope

Animal Protein market 2021-2028 research report focuses on industry volume, growth aspects and market share. This market report is classified into unique and significant segments for precise information. It can be used as a perfect tool by players to get the viable edge over competitors

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MARKET SCOPE

The "Global Animal Protein Market Analysis to 2028" is a specialized and in-depth study of the food and beverage industry with a special focus on the global market trend analysis. The report aims to provide an overview of the animal protein market with detailed market segmentation by source, form, application, and geography. The report provides key statistics on the market status of the leading animal protein market players and offers key trends and opportunities in the market.

Key vendors engaged in the Animal Protein market and covered in this report:
 Amco Proteins
 Arla Foods
 Bovogen Biologicals Pty Ltd.
 Cargill, Incorporated
 Cooke Inc
 Gelita AG
 Kerry Group
 Royal FrieslandCampina N.V.
 Saputo Inc.
 Valley Proteins, Inc.


MARKET SEGMENTATION

Based on source, the global animal protein market is segmented into egg, dairy, and others
Based on form, the market is bifurcated into solid and liquid
Based on application, the market is bifurcated into food and beverages, pharmaceuticals and nutraceuticals, personal care, animal feed

MARKET DYNAMICS
Drivers:

Increasing in demand for infant formula drives the demand for animal protein such as dairy protein
Growing demand for animal protein from cosmetics and personal care industry
Increase in demand for protein supplement

Restraints

Implementation of stringent rules about animal-origin food additives and increased demand for plant-based proteins

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The animal protein market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the animal protein market in these regions.

IMPACT OF COVID-19 ON ANIMAL PROTEIN MARKET

As of July 2021, the US, India, Brazil, Russia, Spain, France, the UK, Turkey, and Italy, are some of the worst affected countries in terms of confirmed cases and reported deaths. The COVID-19 is affecting economies and several industries in different countries due to lockdowns, travel bans, and business shutdowns. The shutdown of various manufacturing plants and factories has also been affected the global supply chains also negatively impacted the manufacturing, delivery schedules, and sales of goods in the global market. In addition, the global travel bans further imposed by countries in Europe, Asia-Pacific, and North America are also affecting business collaborations as well as partnership opportunities.
Due to the Covid-19 pandemic, the food and beverage industry is also facing huge losses, which is further impacting the world economy. It has further disrupted the transportation system and disrupted the supply of raw materials. The disruptive value chain has had a negative impact on the raw material supply, which, in turn, is impacting the growth of the animal protein market. However, as the economies are planning to revive their operations, the demand for animal protein is presumed to rise since consumers are buying food products through online retailers. In addition, food & beverage producing companies are also taking some safety measures to fight the coronavirus, which include limiting direct contact with delivery person & visitors, strengthening & communicating proper hygiene practices, and conducting complete sanitations & eliminating personnel contact during shift changes. With all these factors, it can be presumed that in post-pandemic times, the demand for these products will take a hike.

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