Meticulous Research® Unveils Comprehensive Report on the Animal Protein Market: Projected to Reach $42.63 Billion by 2031

Meticulous Research®, a renowned global market research and consulting firm, has released an insightful report titled "Animal Protein Market Size, Share, Forecast, & Trends Analysis by Type (Dairy Protein {Milk, Whey Protein}, Egg Protein), Form (Liquid), Application (Food & Beverage {Bakery and Confectionery, Dairy}, Animal Feed, Pharmaceuticals) - Global Forecast to 2031."

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According to the latest findings by Meticulous Research®, the global animal protein market is on a robust growth trajectory, anticipated to reach an impressive $42.63 billion by 2031, exhibiting a CAGR of 4.5% from 2024 to 2031. This upward trend is driven by several factors, including the growing consumer focus on nutritional food, the escalating demand for health supplements, and the surge in global population and urbanization. Additionally, the increasing demand for protein-rich diets and the ongoing technological advancements in the dairy industry are expected to create lucrative opportunities for market players. The industry is also witnessing significant trends such as the rising emphasis on health and wellness and the move toward sustainable and ethical sourcing.

However, the market faces challenges, including the growing popularity of alternative proteins and the prevalence of milk allergies and lactose intolerance, which could somewhat impede market growth. Furthermore, the increasing consumer shift towards vegan diets poses a potential challenge to the expansion of the animal protein market.

Market Segmentation and Insights
The global animal protein market is thoroughly segmented based on type, form, application, and , and geographical regions, providing a comprehensive view of the market's dynamics.

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• By Type: Dairy Proteins (Milk Protein, Whey Protein, Casein & Caseinates), Egg Protein (Whole Egg Powder, Egg White Powder, Egg Yolk Powder), Gelatin (Bovine Gelatin, Porcine Gelatin, Poultry Gelatin), and Other Animal Proteins.
The Dairy proteins are expected to dominate the market, accounting for a 52.1% share in 2024. This dominance is largely due to the growing awareness of the health benefits associated with dairy proteins and their increasing use in infant formula and nutritional supplements. The complete amino acid profile of dairy proteins makes them highly desirable for manufacturers developing protein-rich products, with rising consumption in protein bars, meal replacement powders, clinical formulations, and dietetic products.

• By Form: Solid and Liquid
The solid form segment is projected to register a higher CAGR during the forecast period. This growth is attributed to the stability of solid forms during processing and storage, which makes them suitable for various food manufacturing applications. Additionally, the ease of handling, cost-effectiveness, and the ability to maintain ingredient stability are key factors driving the segment's growth.

• By Application: Food & Beverage, Nutritional Supplements, Animal Feed, Pet Food, Pharmaceuticals, and Other Applications.
The food & beverage segment is expected to hold the largest market share in 2024, driven by increasing consumer awareness and demand for protein-rich foods. Changing consumer preferences and the growing popularity of healthy and functional ingredient-based processed food products are also contributing to the growth of this segment.

• By Geography: North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa
The Asia-Pacific region is forecasted to witness the highest CAGR of 4.6% during the forecast period. This growth is primarily driven by technological advancements in the food & beverage industries of China and India, along with regional population growth. Moreover, increasing health consciousness, rapid urbanization, and heightened awareness of protein-rich diets are expected to further propel the market in this region.

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Key Market Players
The report highlights key players shaping the global animal protein market landscape, include Kerry Group plc (Ireland), Arla Foods amba (Denmark), Fonterra Co-Operative Group Limited (New Zealand), Royal FrieslandCampina N.V. (Netherlands), Groupe Lactalis S.A. (France), AMCO Proteins (U.S.), Glanbia plc (Ireland), Hilmar Cheese Company, Inc. (U.S.), Kewpie Corporation (Japan), Darling Ingredients Inc. (U.S.), Savencia Fromage & Dairy (France), Nitta Gelatin Inc. (U.S.), Agropur Cooperative (Canada), Essentia Protein Solutions (Denmark).

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https://www.meticulousresearch.com/blog/108/growing-demand-for-protein-rich-diets-to-boost-the-growth-of-the-meat-market
https://www.meticulousresearch.com/blog/358/rising-consumer-awareness-regarding-nutritional-foods
https://www.meticulousresearch.com/blog/6/growing-awareness-of-protein-consumption-and-dietary-supplements-to-drive-the-adoption-of-collagens-in-the-food-and-beverages-industry
https://www.linkedin.com/pulse/algae-products-market-trends-growth-drivers-future-prospects-qwbyf/
https://www.linkedin.com/pulse/veterinary-rapid-diagnostic-tests-market-projected-growth-aexdf/

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This release was published on openPR.