Increased Spending On Pet Foods Drives Growth In Animal Derivatives Market: Strategic Insights Driving Animal Derivatives Market Momentum in 2025

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How Large Will the Animal Derivatives Market Size By 2025?
In recent times, there has been a robust expansion in the market size of animal derivatives. The increase is expected to continue, with it growing from $12.55 billion in 2024 to $13.3 billion in 2025, signifying a compound annual growth rate (CAGR) of 6.0%. Factors such as traditional usage in the food industry, a surging global populace, enhanced disposable income, cultural and dietary inclinations, nutrition value, and protein requirement have contributed to the growth during the historic period.

How Big Is the Animal Derivatives Market Size Expected to Grow by 2029?
In the coming years, the market size for animal derivatives is projected to experience significant growth, predicted to reach $17.02 billion by 2029, with a Compound Annual Growth Rate (CAGR) of 6.4%. Factors contributing to this growth during the forecast period include an increasing global population, heightened urbanization and westernization, a growing middle-class consumer base, a shift towards a health and wellness lifestyle, and diversification in the product range. Key trends during this predicted growth period encompass the advancement of plant-based substitutes, innovative modifications to processing technologies, incorporation into functional foods, developments in global regulations, and the expansion of e-commerce and direct-to-consumer models.

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Which Key Market Drivers Powering Animal Derivatives Market Expansion and Growth?
The surge in pet food expenditures is predicted to boost the animal derivatives market's expansion in the future. Commercially manufactured pet food, explicitly designed to meet the dietary requirements and consumption of domesticated animals, often includes animal derivatives as a protein and nutrient source. For example, the American Pet Products Association (APPA), a non-profit industry organization based in the US, reported in March 2023 that US pet food spending rose by 16.2% in 2022, hitting $58.1 billion - a significant increase from 2021. Consequently, this heightened expenditure on pet food is fueling the growth of the animal derivatives market.

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Which Fast-Growing Trends Are Poised to Disrupt the Animal Derivatives Market?
In the animal derivatives market, a sustaining trend is the emergence of product innovations. Key players in the market are launching inventive products, for instance, PureeX, to maintain their market standing. In an example from April 2023, Protix, an ingredient manufacturer for food supplements based in the Netherlands, unveiled its product, PureeX made from insect meat. With its freshly extracted insect content, this new offering provides a highly nutritious and delectable component for pet food. In addition, it boasts a minimal carbon footmark, high levels of antioxidants, and antimicrobial activity.

What Are the Emerging Segments in the Animal Derivatives Market?
The animal derivatives market covered in this report is segmented -

1) By Type: Immunoglobulin, Serum Albumin, Fibrinogen, Other Types
2) By Animal Type: Ovine, Bovine
3) By Application: Food And Beverages, Pharmaceutical Industry, Cosmetic Industry, Pet Food Industry, Others Applications

Subsegments:
1) By Immunoglobulin: IgG (Immunoglobulin G), IgM (Immunoglobulin M), IgA (Immunoglobulin A)
2) By Serum Albumin: Bovine Serum Albumin (BSA), Porcine Serum Albumin, Equine Serum Albumin
3) By Fibrinogen: Bovine Fibrinogen, Porcine Fibrinogen
4) By Other Types: Growth Factors, Cytokines, Enzymes

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Who Are the Global Leaders in the Animal Derivatives Market?
Major companies operating in the animal derivatives market include ANZCO Foods Ltd., Rocky Mountain Biologicals Inc., Auckland BioSciences Ltd., LAMPIRE Biological Laboratories Inc., Proliant Biologics LLC, Sigma-Aldrich Co., Thermo Fisher Scientific Inc., Kedrion Biopharma Inc., LFB S.A, Octapharma AG, Takeda Pharmaceuticals Company, Sanofi S.A., Grifols S.A., Bayer AG, Commonwealth Serum Laboratories, Fusion Health Care Pvt. Ltd., Nippi Inc., Tessenderlo Group, Kewpie Corporation, Pure Ingredients, Ewald-Gelatine GmbH, Kerry Group, Darling International Inc., Gelken Gelatin Co. Ltd., Foodmate Co. Ltd., Weishardt Group, Trobas Gelatine BV, Nitta Gelatin Ltd., Gelita AG, Kraeber & Co. GmbH

Which are the Top Profitable Regional Markets for the Animal Derivatives Industry?
North America was the largest region in the animal derivatives market in 2024. The regions covered in the animal derivatives market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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