Press release
Animal-Based Protein Supplement Market Is Likely to Experience a Tremendous Growth by 2029
The global animal-based protein supplement market is anticipated to grow at a considerable CAGR of 7.3% during the forecast period (2023-2030). New product launches are anticipated to drive the growth of the global animal-based protein supplement market. For instance, in April 2023, Denmark-based Arla Foods Ingredients launched a line of whey proteins based on a patented microparticulation technology to meet the growing consumer demand for protein quality. Branded as Nutrilac ProteinBoost, the product was created to meet the needs of health-conscious consumers and manufacturers. The products in the range can be used in various applications in the dairy and sports nutrition spaces, including yogurt, desserts and dairy beverages.Further, In January 2023, Molvest Group has launched additional facilities at its plant in Kalach, Voronezh Region for intensive processing of milk to produce milk protein concentrate at a cost of about 2 billion rubles. The new production line can process 200 tonnes of milk per day, producing 85.0% milk protein concentrate, for which there is strong demand in the food industry. The concentrate is used in baby food, sports and dietetic nutrition, as well as production of cottage and soft cheeses, meat products and convenience foods.
In November 2020, Ingredia had launched two milk proteins at FI Connect, Promilk Yogfluid and Promilk B Max. Promilk Yogfluid was developed for high protein drinking yogurts, and features unique properties which allows raising protein content in recipe up to 12% in the finish product. Promilk B Max, is a clean-label texturiser. Made from dairy, the texture enhancer enables companies to formulate products with 100% dairy ingredients. Such product launches are anticipated to promote the growth of the global market.
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Market Coverage
The market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030
Segment Covered-
By Product Type
By distribution Channel
By Application
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- Glanbia plc, Muscle Pharm Corp., Abbott Laboratories, Cyto Sport, Inc., and Iovate Health Sciences International Inc. among others.
Animal-Based Protein Supplement Market Report Segment
By Product
Protein Powder
Protein Bars
Ready-to-drink
By Distribution Channel
Supermarkets/Hypermarkets
Online
Chemist/ Drugstore
Specialty Store
Other
By Application
Sports Nutrition
Functional Food
A full Report of Animal-Based Protein Supplement Market is Available @ https://www.omrglobal.com/industry-reports/animal-based-protein-supplement-market
Animal-Based Protein Supplement Market Report Segment by Region
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Latin America
Middle East and Africa
Company Profiles
Abbott Laboratories
AMCO Protein
CytoSport, Inc.
Glanbia plc
Iovate Health Sciences International Inc.
MusclePharm Corp.
NOW Foods
QuestNutrition
THE BOUNTIFUL COMPANY
Transparent Labs
WOODBOLT DISTRIBUTION LLC
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We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
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Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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